Thailand’s Central Bankruptcy Court has granted low-cost carrier Nok Air a one-month extension to file its rehabilitation plan. Thailand’s Central Bankruptcy Court has granted low-cost carrier Nok Air a one-month extension to file its rehabilitation plan. In a 15 March stock exchange disclosure, Nok chief Wutthiphum Jurangkool says the court allowed the carrier up to 15 April to submit its business restructuring plans. Source: Wikimedia Commons A Nok Air Boeing...Continue Reading
China Aircraft Leasing reported steady operating profit and revenues in 2020, as the key fundamentals supporting its operations for the long term “remain unscathed”, despite a massive hit to its bottom line. China Aircraft Leasing reported steady operating profit and revenues in 2020, as the key fundamentals supporting its operations for the long term “remain unscathed”, despite a massive hit to its bottom line. The lessor’s operating profit declined by...Continue Reading
Aircraft lessor SkyWorks Leasing is offering 17 LATAM Airlines Group aircraft for auction. Aircraft lessor SkyWorks Leasing is offering 17 LATAM Airlines Group aircraft for auction. The aircraft are currently in storage in Victorville, California, and are being sold on an “as-is, where-is” basis via public auction to be held on 14 April, the lessor says on 15 March. Source: LATAM Airlines LATAM to auction off 17 aircraft including four...Continue Reading
The US Air Force is researching adding “cognitive electronic warfare” capabilities to the Boeing F-15 fighter. The US Air Force (USAF) is researching adding “cognitive electronic warfare” capabilities to the Boeing F-15 fighter. In particular, the service is looking for artificial intelligence and machine learning “algorithms to advance the capabilities of airborne electronic warfare systems in development and production” for the F-15, it says in a sources sought notice posted...Continue Reading
Kazakhstan’s government has disclosed that four fatalities resulted from a military Antonov An-26 accident at Almaty on 13 March. Radar contact with the aircraft, operating from the capital Nur-Sultan, was lost at 17:22 according to the country’s ministry of emergency situations. The An-26 came down near Almaty airport, it adds. Kazakhstan’s defence ministry says the aircraft was being operated by the aviation service of the national security committee, and that...Continue Reading
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