Reading Time: < 1 minute Air Canada today announced that it recently completed two longer-term refinancing transactions for a total amount of approximately $1.52 billion, replacing short-term facilities. The first transaction consists of a committed Secured Facility totaling $787.7 million to finance Air Canada’s purchase of the first 18 Airbus A220 aircraft with a term of 12 years from the […]
Reading Time: < 1 minute The coronavirus pandemic has an immense impact on the aviation sector, and today affects the European Flight Academy belonging to the Lufthansa Group. The flight school announced that all the training operations are on hold, as a conservative estimate until December 31st, 2020. The European Flight Academy also has informed that no further recruiting steps […]
Reading Time: < 1 minute After six Lufthansa’s Airbus A380s were finally taken out of service in the spring, the remaining eight A380s and ten A340-600s, which were previously intended for flight service, will be transferred to long-term storage and removed from planning. These aircraft will only be reactivated in the event of an unexpectedly rapid market recovery. The decision […]
Reading Time: < 1 minute Canada’s flag carrier today introduced its new Infinite Canada Flight Pass, designed to give customers the ultimate in flexibility and certainty for booking travel within Canada. It is an unusual decision for the premium class airline, but all the moves trying to boost sales and air travel might help recover the business faster. The pass […]
Reading Time: < 1 minute The European Commission confirmed yesterday that it will be extending the waiver of the 80/20 slot rule through to the end of the winter season. Commissioner Adina Vălean stated, that “The air traffic levels remain low, and more importantly, they are not likely to recover in the near future. In this context, the lack of […]
Reading Time: 2 minutes Given that the Cathay Pacific be operating just a fraction of their services in the foreseeable future, the airline will continue to transfer some of their passenger fleet to locations outside of Hong Kong for long-term parking. The Cathay Pacific Group today released its combined traffic figures for August 2020 that reflected the airlines’ continued […]
Reading Time: 2 minutes From September 18, 2020, Vietnam Airlines will resume one-way flights from Vietnam to Japan to serve the increasing needs of passengers wishing to work, study and stay in Japan. These are the first commercial international flights in months. The airline also plans to resume return flights from Japan to Vietnam, pending actual disease developments and […]
Reading Time: < 1 minute The U.S. government on Monday will stop conducting an enhanced screening of passengers on inbound international flights for COVID-19, Yahoo News has announced yesterday. The screening operations have been held at select airports since January, when the first cases of the disease began to emerge from Wuhan, China. Since March, incoming international flights from select […]
Reading Time: < 1 minute AirAsia Group Berhad announced the formation of Asia Digital Engineering Sdn Bhd (ADE), a wholly-owned subsidiary. Based at the airline group’s global headquarters RedQ in Sepang, the newly-formed subsidiary will be providing line maintenance, engineering support, component and warehouse services, digital and innovation services for the fleet of aircraft under AirAsia’s group of airlines and […]
Reading Time: < 1 minute Vietnam airline Bamboo Airways is planning the regular flights from Hanoi to Melbourn from 2021, according to the Vietnam Express and Bamboo Airways information. Bamboo Airways plans using the wide-body aircraft Boeing 787-9 Dreamliner. A Bamboo Airways 787-9 Dreamliner flew down to Melbourne to pick up approximately 300 Vietnamese citizens on Sunday morning. The airline […]