The US Air Force jet is likely to roll out of Boeing’s St. Louis, Missouri factory in late 2021 or early 2022. The first Boeing T-7A advanced trainer has entered production. The US Air Force (USAF) jet is likely to roll out of Boeing’s St. Louis, Missouri factory in late 2021 or early 2022, says Chuck Dabundo, Boeing vice-president of T-7 programmes. That initial engineering & manufacturing development aircraft will...Continue Reading
AirAsia X must convene meetings with various creditors within 180 days of an order from the High Court of Malaya, the low-cost long-haul carrier says in a 22 February Bursa Malaysia filing. AirAsia X must convene meetings with various creditors within 180 days of an order from the High Court of Malaya, the low-cost long-haul carrier says in a 22 February Bursa Malaysia filing. The meetings are “for the purpose of considering...Continue Reading
Asiana Airlines has modified two Airbus A350-900 passenger jets for freighter operations as part of plans to grow its cargo business. Asiana Airlines has modified two Airbus A350-900 passenger jets for freighter operations as part of plans to grow its cargo business. The conversion of both A350s, completed on 21 February, will enable the airline to transport 23t per aircraft, the airline said in a 22 February statement. The economy section of...Continue Reading
The Israeli ministry of defence signed a letter of acceptance (LOA) for two Boeing KC-46 in-flight refuelling tankers. The Israeli ministry of defence signed a letter of acceptance (LOA) for two Boeing KC-46 in-flight refuelling tankers. The country is to be the second international customer of the tanker after Japan, which has ordered four KC-46s. The LOA was signed over the 20-21 February weekend, says the ministry of defence on...Continue Reading
Norwegian’s creditors are set to take a significant haircut on their debts under a capital-raising exercise the carrier is planning under its restructuring processes. In a 19 February stock-exchange filing, the Scandinavian low-cost carrier says it intends to issue NKr1.88 billion ($221 million) of perpetual subordinated convertible bonds and retained claims bonds to creditors. The perpetual bonds will bear an interest rate of six-month Norwegian Inter Bank Offered Rate plus 250 basis...Continue Reading
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