A Batik Air Airbus A320 bound for Jakarta suffered a “technical” incident involving its landing gear, which reportedly led to its nose gear rotating 90 degrees sideways. A Batik Air Airbus A320 bound for Jakarta suffered a “technical” incident involving its landing gear, which reportedly led to its nose gear rotating 90 degrees sideways. The aircraft, registered PK-LUT, was operating flight ID6803 from Jambi’s Sultan Thaha airport to the Indonesian...Continue Reading
Philippine low-cost carrier Cebu Pacific (CEB) has secured a Ps16 billion ($329 million), 10-year loan today, from a syndicate of private and government banks. Philippine low-cost carrier Cebu Pacific (CEB) has secured a Ps16 billion ($329 million), 10-year loan today, from a syndicate of private and government banks. Proceeds of the loan will go towards funding “capital expenditures and other general corporate purposes” and “provide a cushion against unexpected working...Continue Reading
Lessors GECAS and AerCap appear to be headed towards a merger, according to reports in major news outlets. Lessors GECAS and AerCap appear to be headed towards a merger, according to reports in major news outlets. The deal, valued at $30 billion, was originally reported by the Wall Street Journal, quoting sources familiar with the transaction. The reports add that an announcement could come on 8 March. Source: AerCap According...Continue Reading
French president Emmanuel Macron has announced the death of Olivier Dassault, the son of Dassault Group’s late chief executive Serge Dassault and grandson of the company’s founder. Olivier Dassault, an entrepreneur and politician who had held roles within the aerospace company, was reportedly involved in a helicopter crash in Normandy, northern France on 7 March. Macron says he was a “captain of industry” and a reserve commander of the air...Continue Reading
Turboprop manufacturer De Havilland Aircraft of Canada was entitled to terminate a Dash 8-400 purchase agreement with Indian carrier SpiceJet after the airline stopped making payments and taking delivery of aircraft, a judge has ruled. SpiceJet originally ordered 25 of the type from Bombardier – part of a September 2017 agreement for up to 50, the largest single deal for the aircraft type – before the airframer sold the programme...Continue Reading
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