Aerospace
EasyJet Finances Still Under Review After $266 Milli...
British airline easyJet said it would continue to assess further funding opportunities after raising an extra $266 million from the sale and leaseback of aircraft, as the pandemic continues to wreak havoc on t...
August 14, 2020
10:17 am By Neha Mule
ANA in Talks to Raise up to $4.7 Billion Capital fro...
Japanese airline company ANA Holdings Inc is in talks with multiple banks to raise capital of up to 500 billion yen ($4.7 billion) in the wake of the coronavirus-driven slump in air travel demand, the Nikkei b...
August 13, 2020
10:07 am By Neha Mule
Cathay Forecasts Weak Passenger Demand but Stronger ...
Hong Kong’s Cathay Pacific Airways Ltd warned it did not expect a meaningful recovery in passenger demand for some time due to the coronavirus pandemic after posting a record first-half loss, but signalled a...
August 12, 2020
11:27 am By Neha Mule
Kuwaiti Lessor Alafco Reaches Deal with Boeing in 73...
Kuwaiti aircraft leasing company Alafco will buy fewer aircraft from Boeing after reaching an agreement to end its legal claim over a cancelled 737 MAX order, it said on Tuesday.
Alafco was suing the U....
August 4, 2020
10:39 am By Neha Mule
Air Methods Selects Airinmar for Warranty and Value ...
AAR subsidiary Airinmar, an independent provider of component repair cycle management and aircraft warranty solutions, signed a new services agreement with the civilian helicopter operator, Air Methods.
Sou...
August 4, 2020
5:12 am By Neha Mule
HAPSMobile Successfully Completes Latest Test Flight...
HAPSMobile Inc., a subsidiary of SoftBank Corp. and minority-owned by AeroVironment, Inc., announced the fourth successful test flight of its “Sunglider” solar-powered high-altitude platform system (HAPS)....
July 30, 2020
9:51 am By Neha Mule
IAG and American Express Extend Global Partnership
British Airways-owner International Airlines Group (IAG) said American Express would pay it 750 million pounds ($955 million) to renew their partnership, providing a welcome boost to the airline’s finances a...
July 24, 2020
10:14 am By Neha Mule