Sun, 22-May-2022

Aerospace

Cathay Pacific Flags $1.3 Billion First-half Loss as...

Hong Kong’s Cathay Pacific Airways Ltd. expects a first-half net loss of HK$9.9 billion (£1.03 billion), including impairment charges on 16 planes, the airline said on Friday, as the coronavirus pandemic cr... July 17, 2020 3:23 pm By Neha Mule

Pietro Rosa TBM Signs Multi-year Agreement With Boei...

Pietro Rosa TBM announced that it has signed a long-term agreement with Boeing to supply forgings for use on the 787 Dreamliner, 777X and 737 MAX airplanes. Left to right: Mauro Fioretti (Pietro Rosa TBM ... July 15, 2020 7:32 am By Neha Mule

Virgin Atlantic Agrees Private-only $1.5 Billion Res...

British airline Virgin Atlantic said on Tuesday it had agreed a private-only rescue deal with shareholders and creditors worth 1.2 billion pounds ($1.5 billion) to secure its future beyond the coronavirus cris... July 14, 2020 1:58 pm By Neha Mule

Kawasaki Receives Order for New H145//BK117 D-3 Heli...

Kawasaki Heavy Industries, Ltd. announced today the receipt of an order for its H145//BK117 D-3 helicopter (D-3) by NMB-Minebea Thai Ltd. This is the first time Kawasaki has received a D-3 order from overseas,... July 9, 2020 9:03 am By Neha Mule

Coronavirus Pandemic: The Future of AirAsia is in ...

The future of Asia’s biggest budget airline, AirAsia, is in “significant doubt”, auditor Ernst & Young has said. Shares in the Malaysian-based airline fell by more than 10% on Wednesday after bein... July 8, 2020 12:23 pm By Neha Mule

Strong Bookings Boost Hopes for Ryanair

Ryanair reported “very strong” bookings from holidaymakers as it relaunched its network with 1,000 flights on Wednesday, the start of a summer that Group Chief Executive Michael O’Leary hopes will restor... July 1, 2020 12:38 pm By Neha Mule

Boeing Kept FAA in the Dark on Key 737 MAX Design Ch...

Boeing Co failed to submit certification documents to the U.S. Federal Aviation Administration (FAA) detailing changes to a key flight control system faulted in two fatal crashes, a long-awaited government rep... July 1, 2020 11:10 am By Neha Mule

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