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Australia’s Regional Express (Rex) is hopeful it will break even by July this year, even as it acknowledges that its regional operations are loss-making “at current demand levels”. Australia’s Regional Express (Rex) is hopeful it will break even by July this year, even as it acknowledges that its regional operations are loss-making “at current demand levels”. In an interim business update disclosed on 10 May, Rex states that its cash...
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Breeze Airways, the new low-cost startup airline founded by entrepreneur David Neeleman, is backtracking on a plan to hire only university students to work as flight attendants after coming under fire for the programme last week. Breeze Airways, the new low-cost start-up airline founded by entrepreneur David Neeleman, is backtracking on a plan to hire only university students to work as flight attendants after coming under fire for the programme...
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Kratos is anticipating that the XQ-58A Valkyrie will move toward operations. Kratos Defense & Security Solutions expects to deliver its first production unit of the XQ-58A Valkyrie unmanned air vehicle (UAV) to the US Air Force (USAF) “in the next couple of months”. That’s according to comments from Eric DeMarco, Kratos chief executive, on a first quarter earnings call on 5 May. The company started production of a dozen examples...
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The UK’s announcement of countries to which non-essential travel can resume from 17 May has been given short shrift by IATA director general Willie Walsh.  The UK’s announcement of countries to which non-essential travel can resume from 17 May has been given short shrift by IATA director general Willie Walsh.  A statement issued by the airline industry association today simply quotes Walsh as saying: “It is very disappointing and frankly not...
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Airbus recorded orders for 48 aircraft in April, including 25 A321neos for Delta Air Lines and 22 for lessor Avolon. But the Avolon order – for 14 A321neos and eight A320neos – appears to be a rejig of a previous agreement. Airbus listed 22 cancellations for the month and the overall number of aircraft ordered by Avolon remained unchanged from March. Airbus also listed an order for a single A319neo...
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