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Ana Holdings issues social bond worth $44 million

Ana Holdings issues social bond worth $44 million

🕔12:45, 18.Apr 2019

Ana Holdings is set to issue a social bond worth $44 million, supported by SMBC Nikko Securities, in May 2019. The bond is set to back the company’s values through a financial method designed to incentivise social development. This marks the

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ST Engineering acquires MRA Systems

ST Engineering acquires MRA Systems

🕔12:44, 18.Apr 2019

Singapore Technologies Engineering (ST Engineering) has completed the transaction of MRA Systems for  $506m in cash. MRA Systems is now an indirect wholly-owned subsidiary of ST Engineering, whose aerospace capabilities now include the original equipment manufacturer business of high-value nacelle systems

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Air Mauritius takes delivery of its first A330neo

Air Mauritius takes delivery of its first A330neo

🕔12:41, 18.Apr 2019

Air Mauritius has taken delivery of its first A330-900, on lease from ALC. The aircraft, named Aapravasi Ghat in reference to Mauritius’ history, will feature a two-class cabin with 28 business class seats and 260 economy class seats. The carrier

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Aeroflot leases 35 additional MC-21s

Aeroflot leases 35 additional MC-21s

🕔12:38, 18.Apr 2019

Russian carrier Aeroflot plans to lease 35 MC-21 Russian passenger jets, this will come in addition to 50 MC-21 jets that Aeroflot has already ordered. The 35 MC-21 passenger jets will be equipped with the Russian PD-14 engines. Deputy Industry

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Hong Kong Airlines appoints new chairman

Hong Kong Airlines appoints new chairman

🕔12:35, 18.Apr 2019

Hong Kong Airlines (HKA) has appointed ex-director Zhong Guosong as its new chairman as a move intended to turn around the company’s fortunes. Guosong will hold around 27% of the company, while Chinese private equity firm Frontier Investment Partner holds

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S7 Technics completes heavy maintenance on Airbus A320neo

S7 Technics completes heavy maintenance on Airbus A320neo

🕔12:34, 18.Apr 2019

S7 Technics has become the first maintenance, repair and overhaul provider in Russia and the CIS to perform base maintenance checks on the Airbus A320neo narrow-body aircraft. Maintenance work was conducted at the company’s Moscow Domodedovo airport site and included

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United Airlines first-quarter profit doubles

United Airlines first-quarter profit doubles

🕔12:33, 18.Apr 2019

United Airlines has doubled its first quarter profit to $292 million, despite the grounding of its 737 MAX fleet. The increase has been due to a combination of effective cost management and increased passenger numbers, which rose 7.1% compared to

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Turkish Airlines adds direct flight to Marrakech, Morocco

Turkish Airlines adds direct flight to Marrakech, Morocco

🕔12:27, 18.Apr 2019

Turkish Airlines has added a direct flight from Istanbul to Marrakech, Morocco, to its flight network, running five days a week. Turkish Airlines chief marketing officer Ahmet Olmuştur said: “With Istanbul Airport, a new era has begun in the global

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Jet Airways suspends operations

Jet Airways suspends operations

🕔12:22, 18.Apr 2019

After the consortium of Indian lenders, led by the State Bank of India (SBI), refused to provide critical interim funding, Jet Airways suspended all flights yesterday. The airline said that it is unable to pay for fuel or other critical

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Emirates and Africa World Airlines announce new Interline Agreement

Emirates and Africa World Airlines announce new Interline Agreement

🕔10:45, 18.Apr 2019

Emirates Airline and Ghana’s Africa World Airlines, AWA, have announced a one-way interline agreement which will see Emirates customers connect onto selected routes of Africa World Airlines’ network. The agreement its said will open up new African destinations for Emirates

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