European transport ministers have today formally approved temporary rules under which airlines will only have to use a minimum of 50% of their take-off and landing slots during the forthcoming summer season to retain them for 2022. European transport ministers have today formally approved temporary rules under which airlines will only have to use a minimum of 50% of their take-off and landing slots during the forthcoming summer season to...Continue Reading
Company president Christopher Whiteside is hoping that the end of May will be the start of a rebound in fortunes for many airlines, and their aftermarket suppliers When your business relies on supplying replacement parts, there is bound to be a big impact when most of the world’s airliner fleet is idle or under-used. However, AJW Group, the privately-owned aftermarket specialist, has coped with a collapse in revenues by trimming...Continue Reading
The KC-46A programme is about $5.1 billion in the hole and there are questions about whether Boeing can make it profitable. In late October 2020, the Boeing KC-46A Pegasus in-flight refuelling tanker programme reported a $67 million loss due to coronavirus disruptions and production inefficiencies in the third quarter. It was the latest loss in a long series of financial charges in the troubled tanker programme’s short history. Yet, Boeing...Continue Reading
Many lessors have reached agreements with Thai Airways International on the future of their aircraft as part of the carrier’s restructuring process, lessors with exposure and people close to the restructuring tell Cirium. Many lessors have reached agreements with Thai Airways International on the future of their aircraft as part of the carrier’s restructuring process, lessors with exposure and people close to the restructuring tell Cirium. While formal binding agreements...Continue Reading
Less than a year after receiving its first pair of brand-new Sikorsky HH-60W Combat Rescue Helicopters, the US Air Force (USAF) is planning to upgrade the type with new systems worth up to $981 million. Less than a year after receiving its first pair of brand-new Sikorsky HH-60W Combat Rescue Helicopters, the US Air Force (USAF) is planning to upgrade the type with new systems worth up to $981 million....Continue Reading
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