Airlines, aviation financing and plane makers – inherently vulnerable to the economic side-effects of a potential pandemic - faced challenges as the year began, ensuring they are now at growing risk of severe coronavirus-related disruption, says Scope.
Aviationfly.com, a comprehensive directory of nearly 250 flight schools across the Middle East, Africa and Asia has formally launched – providing those wishing to become a pilot with an unrivalled resource to help them kickstart their aviation career.
The International Air Transport Association (IATA) and the International Post Corporation (IPC) have signed an MoU to reinforce cooperation between the two organisations.
The next decade will be more challenging for the aviation industry than the 10 years previous years, despite prospects for rising passenger demand, according to Oliver Wyman’s annual Global Fleet & MRO Forecast.
High aircraft values and low lease-rate factors which do not reflect the commercial and operating risks facing airlines leave the aviation finance industry in a vulnerable state in 2020, said Scope Ratings.
Key industry players recently announced the launch of the MRO Blockchain Alliance, the first industry-wide investigation into the use of blockchain to track, trace and record aircraft parts.
IATA has elected Ibrahim bin Abdulrahman Al-Omar, director general of Saudi Arabian Airlines (SAUDIA), to serve as a member of the IATA Board of Governors for a period of three years.
FalconEye has been successfully launched by Arianespace. The high-performance Earth observation satellite, which will act as an eye from space for the United Arab Emirates Armed Forces (UAEAF).
A new version of the versatile SmartUE1 inspection tool – tagged the ‘Swiss Army knife’ of non-destructive testing (NDT) – has been released by Airbus company Testia.
Bahrain International Airport (BIA) became the latest airport in the Middle East to receive Airport Health Accreditation from Airports Council International (ACI) World, Bahrain Airport Company (BAC) announced.
Etihad Airways has launched the world’s first Transition Sukuk and the first Sustainability-Linked financing in global aviation, under a Transition Finance Framework.
National Airlines has expanded its fleet with three more B747-400Fs and an A330-200 passenger aircraft. National’s B747-400Fs are flying between USA into Middle East on a daily basis.
The launch of the MeznSat satellite is a significant contribution from Ras Al Khaimah to the UAE’s position in the global space sector, asserted the American University of Ras Al Khaimah (AURAK) following the official announcement that the MeznSat launch was a success.
Aviation logistics specialist Menzies Aviation, today announced that Qatar Airways Cargo have moved into their new base within Menzies Aviation’s on-airport facilities at London Heathrow Airport.