EU Opens In-Depth State Aid Probe Into TAROM; Approves Alitalia Grant
Credit: Thierry Monasse / Getty Images
The European Commission has approved a further €39.7 million ($47 million) COVID-19 damages payment for Alitalia, but has launched a deeper probe into a planned €190 million restructuring of Romanian carrier TAROM.
Consortium Tables Buyout Proposal For Sydney Airport
Credit: James D. Morgan / Getty Images
A consortium of investors has made an offer to purchase Sydney Airport, although the airport company’s board is considering whether the bid places enough value on the gateway’s long-term prospects.
Boeing 737-200 Freighter Ditches Off Hawaii, Crew Rescued
Credit: Eugene Tanner/AFP/Getty Images
A Boeing 737-200 ditched in the Pacific Ocean about 2 mi. off of the Oahu island of Hawaii early on July 2, and both crewmembers were rescued, according to the U.S. Coast Guard.
Daily Memo: 777X Certification And The Derivative Dilemma
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In normal times, any new airliner program that is three years late and yet to begin certification 17 months after first flight would be considered nothing less than a disaster.
Despite the revival in passenger traffic, interest in narrowbody passenger-to-freighter (P2F) conversions remains strong as new commitments to the procedure by several lessors and cargo specialists attest.
Lufthansa Group Sees Growth Opportunities In Sub-Saharan Africa
Credit: Rob Finlayson
Lufthansa Group airlines will operate to 29 destinations across sub-Saharan Africa by the end of the pandemic as the group sees growth opportunities in the leisure segment.
Australia Proposes Blueprint For Resuming International Travel
Credit: James D. Morgan/Getty Images
The Australian government has revised its approach to COVID-19 border controls, reducing entry quotas in the short term but also laying out a phased roadmap to restoring international travel in the longer term.
DAE Signs 91 Lease Transactions In 2021 First Half
Credit: Boeing
DAE Capital, the leasing arm of Dubai Aerospace Enterprise (DAE), has maintained a stable portfolio as of the end of the first half (H1) of 2021, acquiring and selling 16 aircraft.
Etihad To Codeshare With El Al In UAE-Israel First
Credit: Joe Pries
Etihad Airways and El Al Israel Airlines have launched a codeshare agreement, building on a MOU the carriers signed in 2020 following the normalization of diplomatic relations between the United Arab Emirates (UAE) and Israel.
The EU opens an in-depth state aid probe into TAROM, Spanish ATR startup UEP Fly to launch on July 15 and more. Take a look at the daily roundup of air transport news.
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