Colombia’s Avianca Holdings has received a short-term loan of $50 million from Kingsland Holdings, which is expected to strengthen the company’s working capital position while executing its debt re-profiling.
Saudi Arabia and China are looking to roll out their own air-to-ground (A2G) aviation connectivity following the creation of the European Aviation Network (EAN).
Emirates Airline has promoted two long-time management team members to top leadership positions as president Tim Clark indicated he will stay in his position for longer.
Inadequate airfield markings, combined with insufficient preparation and coordination by pilots, led to an Air India Airbus A320neo landing on an under-construction runway at Velana International Airport (MLE), a report from the Maldives Accident Investigation Coordinating Committee (AICC) said.
Insufficient clearance between a wire-bundle bracket screw and a hydraulic pipe feeding an engine component on certain ATR aircraft is causing damage to the pipe, leading the European Aviation Safety Agency (EASA) to call for modifications of the bundles.
Dedicated Boeing operator Alaska Airlines continues to be coy about whether it will hold onto any of its Airbus aircraft acquired in its Virgin America purchase, but one of the airline’s top executives acknowledges the A321neo has advantages not found in the 737 family.
Emirates blasted engine manufacturers GE Aviation and Rolls-Royce for performance and reliability shortfalls and has shelved confirmation of large outstanding Airbus and Boeing orders until it has clarity about schedules and guarantees.
Delta Air Lines continues to see strong demand into the fall and is confident it will hit its third-quarter guidance, although cost pressures are increasing.
Cathay Pacific Airways chairman John Slosar has announced he will step down in November, as the Hong Kong-based carrier faces further leadership changes.
Central and Eastern European LCC Wizz Air plans to expand its Polish operations and will base four additional Airbus A320 family aircraft in the country from summer 2020.
After more than two decades at the head of Ireland-based LCC Ryanair, Michael O’Leary has exchanged his role as CEO of the airline for a similar position at parent company Ryanair Holdings.
IATA DG and CEO Alexandre de Juniac said “preventing fragmentation” between international regulators remains the group’s foremost concern regarding the return-to-service of the Boeing 737 MAX.
Germany’s Volocopter has conducted a test flight at Finland’s Helsinki International Airport with its prototype electric vertical-takeoff-and-landing (eVTOL) air taxi.
Five Democratic US Senators are urging the Department of Transportation (DOT) to examine the “potentially anti-competitive” restrictions some carriers place on third-party price comparison websites.
Norwegian Air Shuttle is moving ahead with proposals to ensure sufficient liquidity over the coming winter and has asked bondholders for an extension by around two years to repay $380 million in outstanding debt.
Japanese aviation authorities have revealed how many of the new slots at Tokyo Haneda Airport will be allocated to various international markets, although for the most part specific routes are yet to be announced.
Aigle Azur has been placed in receivership and is open to offers from potential buyers, but operations are set to continue as the airline seeks to secure its future.
