SAS received bankruptcy court approval for its investment agreement with winning bidder consortium in its exit financing solicitation process, consisting of Castlelake, Air France-KLM and Lind Invest, together with the Danish state.
"We are going to revamp [LEVEL], developing the AOC to operate long-haul flights the way we announced when we launched the company,” IAG CEO Luis Gallego said.
Foreign suppliers stopped supporting the program in 2022 after Western countries imposed sanctions against Moscow in response to the invasion of Ukraine.
Boeing has been granted long-awaited type inspection authorization for the 737-10, marking a major milestone in the company's progress since the 737 MAX returned from a global grounding.
The FAA now plans to issue a draft rule codifying new requirements for manufacturers to disclose safety-critical information during certification in 2024.
Executives emphasized continued growth in the region, highlighting Dubai’s evolution from being solely a connection hub to also serving as a destination point.
ADL says it has fine-tuned the mod package for the 737-800 to gain additional fuel burn savings after validating its technology during initial 737-700 trials.