Aviation Daily Roundup: July 6, 2021

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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).

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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.

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Credit: Joe Pries

As commercial aftermarket business ramps up to support steadily increasing flight activity, log jams are inevitable. 

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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.

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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.

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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.

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The Indian government has decided to raise its cap on airline domestic operations, allowing Indian carriers to add back more capacity as demand increases.

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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.

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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.

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Credit: Joe Pries

After a series of false dawns, Porter Airlines is confident its flights will finally restart in September.

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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. 

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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.

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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.

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