Aviation Daily Roundup: July 6, 2021
July 07, 2021
London Southend Airport Owner Agrees To $173M Loan
Credit: John Keeble/Getty Images
LONDON—Esken, the parent company of defunct UK regional carrier Stobart Air, has negotiated a £125 million ($173 million) seven-year loan with Carlyle Global Infrastructure (CGI), convertible to a 30% stake in London Southend Airport (LSA).
Standards Developers Identify Concerns, Next Steps For Certifying AI
Credit: Daedalean
Existing aeronautical standards are not adequate for certifying artificial intelligence (AI) with safety-critical systems, and new means of compliance will have to be developed, concludes a report jointly issued by standards developers SAE International and Eurocae.
Daily Memo: Parts Scarcity Creating Engine MRO Headwinds
Credit: Joe Pries
As commercial aftermarket business ramps up to support steadily increasing flight activity, log jams are inevitable.
Qatar Airways Adds Vaccination Status To Travel Pass
Credit: Karim Jaafar/AFP/Getty Images
Qatar Airways plans to expand the functionality of the IATA Travel Pass mobile app by linking the vaccination status of personnel to the electronic document.
Wheels Up Envisions Evolving Into EVTOL Market
Credit: Wheels Up
As it prepares to list on the New York Stock Exchange, on-demand private aviation provider Wheels Up has detailed its vision for expanding into the electric vertical-takeoff-and-landing (eVTOL) market.
Aegean Airlines Finalizes $214M In Funding
Credit: Rob Finlayson
Greek carrier Aegean has received €180 million ($213.5 million) in fresh liquidity, after completing a €60 million share-capital increase and receiving €120 million in government-backed compensation.
India’s Authorities Ease Domestic Flight Restrictions
Credit: Money Sharma/AFP/Getty Images
The Indian government has decided to raise its cap on airline domestic operations, allowing Indian carriers to add back more capacity as demand increases.
Trans Maldivian Airways Restructures, Sold To Carlyle
Credit: Eyes Wide Open/Getty Images
Seaplane operator Trans Maldivian Airways (TMA) has completed a restructuring that has seen its majority ownership transfer to funds affiliated with U.S. investment firm Carlyle.
AirAsia Indonesia Suspends Flights For A Month
Credit: Sonny Tumbelaka / AFP / Getty Images
AirAsia Indonesia will suspend all domestic and international flights for a month from July 6 to support the Indonesian government’s efforts to control the latest COVID-19 outbreak.
Porter Plans To Resume An Initial 12 Routes
Credit: Joe Pries
After a series of false dawns, Porter Airlines is confident its flights will finally restart in September.
An-26 Turboprop Crashes In Russian Far East
Credit: Kamchatskoe Air Enterprise
MOSCOW—A 39-year-old Antonov An-26 turboprop crashed on the Kamchatka peninsula in the Russian Far East on July 6 with 28 people aboard.
Changi May Reopen T4 For Travelers Coming From High-Risk Countries
Credit: Changi Airport Group
SINGAPORE—Singapore Changi Airport (SIN) and relevant authorities are studying a proposal to reopen its Terminal 4 solely to handle passengers from high-risk countries.
UWCA Progresses On Development Of New 44-Seat TVRS Turboprop
Credit: Maxim Pyadushkin
YEKATERINBURG, Russia—Russia’s aircraft industry is controlled by the government through United Aircraft Corporation (UAC), a holding company that unites the country’s legacy design and manufacturing facilities to focus on defense programs and commercial aircraft with more than 50 seats.
London Southend Airport owner agrees to a $173m loan, Qatar Airways adds vaccination status to travel pass, India’s authorities ease domestic flight restrictions and more. Take a look at the daily roundup of air transport news.
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