Moldovan cargo airline Aerotranscargo (headquartered in the Emirate of Sharjah, UAE, and operating 6 Boeing 747-400Fs) has announced that it is to create a Dutch subsidiary, Aerotranscargo Netherlands, which will begin operations this summer. The start-up plans to operate cargo flights to China, Hong Kong and the USA using 2 Boeing 747-400s leased from its […]
Montenegro Airlines (the flag carrier of Montenegro) will introduce flights from the Montenegrin capital Podgorica to the cities of Kiev (the capital of Ukraine), Lisbon, Istanbul and Prague from the 28th of March next year. These flights will all be seasonal, taking place in the summer. The airline has already created a flight schedule for […]
Virgin Australia has canceled 23 Boeing 737 MAX orders. Its original order was of 48 aircraft, but that has now been lowered to 25. This is due to the economic crisis created by the coronavirus pandemic and the end of its takeover by Boston-based Bain Capital last month. All its canceled orders are for the […]
After Air Ticino, which has not yet started operations, could Geneva-based start-up La Nova be the solution to a rather poor last decade for the Swiss aviation industry? This year, we saw Swiss start-up Fly Bair begin operations this July, but it’s main route network, which consisted of flights from Swiss capital Bern to different […]
Israeli flag carrier El Al has named its new Chief Executive (CE), Avigal Soreq, the successor of Gonen Usishkin, who is to step down next January. Avigal Soreq is the Chief Operating Officer (CEO) of Delek US Holdings, an American energy firm specialising in petroleum refining and logistics assets. Delek US Holdings is based in […]
Air Canada has canceled orders for 12 Airbus A220-300s and 10 Boeing 737 MAX 8s to cut costs during the coronavirus crisis. It has also announced that it will defer other orders of Boeing 737 MAX 8 and Airbus A220-300 aircraft as well as accelerate the retirement process of 79 aircraft that it and its […]
Airbus is to raise its Airbus A320neo production rate from 40 to 47 aircraft a month starting in the 2nd half of next year. The production rate was reduced from 60 due to the negative financial impact of the coronavirus on Airbus. Therefore the 40 Airbus A320neo per month production rate will be kept up […]
Here is a video that resumes some of the main events that have occurred in the aviation industry this week:
South African regional airline Airlink (based at Johannesburg O.R. Tambo International Airport) is to restart 3 routes from Johannesburg O.R. Tambo Airport (in South Africa) to the cities of Pemba, Beira and Vilanculos in Mozambique (a country in southeastern Africa) following the lifting of restrictions that didn’t allow travel between the 2 countries. Airlink also […]
Here is a video that will show some of the main events that have taken place in aviation this week:
Norwegian Air Shuttle is to sell 2 of its Boeing 787-9s to Italian leisure airline Neos. They will replace the 2 Boeing 767s that Neos has recently returned to their lessors. The 2 Boeing 787s (respectively registered LN-LNX and LN-LNT) are part of Norwegian Air Shuttle’s subsidiary Norwegian Long Haul’s fleet and are currently stored […]
Air Serbia has taken delivery of 2 former Airbus A319s which belonged to Adria Airways (the former Slovenian flag carrier, which ceased operations in September 2019). The 2 aircraft, YU-APL and YU-APM, were sent to Carlyle Aviation Partners (an American aircraft asset management company) in October 2019 and were susbsequently stored at Castellon Costa Azahar […]
Easyjet will temporarily close its base at Ljubljana Airport (Slovenia’s capital) at the beginning of this winter season. It only operates to 2 destinations from the airport: London Gatwick and Berlin Schönefeld. Flights from Ljubljana to Gatwick will be suspended on the 23rd of October whereas flights between Lubljana and Berlin have already been suspended […]
The European Commission has approved the use of €19.3 million ($22’746’000) in state aid by TAROM (the Romanian flag carrier) to recover from the negative financial effects of the coronavirus on its business. This is mainly to cover the financial damage that the airline suffered from travel restrictions. The granted state aid will not go […]
AirAsia Japan ceased operations yesterday, following the decision from its parent company, AirAsia Group, to shut it down due to the impact on air traffic created by the coronavirus. The airline was the smallest subsidiary of the AirAsia airline group (the largest only low-cost airline group in Asia), which also operates in Thailand, Malaysia, Indonesia, […]
Ryanair has announced that it will close its Cork and Shannon bases on the 26th of October if the Irish government fails to adopt the EU Travel List allowing flights to and from Green and Amber areas (areas that are not or partially affected by the coronavirus) to take place without restrictions. The LCC has […]
Only 5 weeks away from Berlin-Brandenburg Airport’s opening, the airport’s operator, Flughafen Berlin Brandenburg GmbH (FBB), has announced that Berlin-Brandenburg’s Terminal 2 will remain closed until Summer 2021. This is due to the major decrease in number of passengers flying in and out of Germany. The airport will be inaugurated on the 31st of October […]
Ryanair has announced that it will establish a new base at Paris Beauvais Airport from the 3rd of December 2020. It will base 2 aircraft (an investment of $200 million) at the airport and will begin 2 new routes from the airport to Paphos in Greece on the 26th of October this year as well […]
Vietnam Airlines (the flag carrier of Vietnam) will restart nonstop flights from Hanoi to Tokyo later on this week. The airline will offer 4 one-way flights from Hanoi to Tokyo Narita Airport, departing on the 18th, 25th and 30th of December at 23:45 (I don’t know what time zone). It will also operate a flight […]
On Tuesday of last week, Ryanair sold a $1 billion bond (€850 million), its 1st in 3 years, after the price of bonds soared, showing some recovery from the negative financial effects of this pandemic. The bond received orders of $5.22 billion (€4.4 billion) from investors, more than 5 times the amount that Ryanair was […]
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