Boeing secures $3.8bn new financing
Boeing has secured two credit facilities from lenders, Citibank and JPMorgan, for a total of $3.8 billion. This financing replaces the US manufacturer’s existing $5.8 billion, 364-day revolving credit...
Boeing has secured two credit facilities from lenders, Citibank and JPMorgan, for a total of $3.8 billion. This financing replaces the US manufacturer’s existing $5.8 billion, 364-day revolving credit...
Boeing has confirmed that the latest manufacturing flaw will likely slow down deliveries of the 737 MAX. “The fastener holes on the aft pressure bulkhead on some 737 planes were improperly drilled,” B...
Air Koryo, has resumed its commercial flight service between Pyongyang and Russia’s Vladivostok after a COVID-19 induced three-year hiatus. The flights between North Korea and Russia have been suspend...
Batik Air Malaysia operated its inaugural flight connecting Auckland and Perth. The airline will operate six weekly flights. The inaugural flight was operated by a Boeing 737 MAX 8 registered 9M-LRH. ...
Shenzhen Airlines has launched twice weekly direct flights between Shenzhen and Barcelona, marking its second European route. With this route, the airline will offer a total of over 10 international a...
James Coogan, senior vice president and chief financial officer of Kaman Corp will step down from his role as the chief financial officer, effective August 28, 2023. Carroll Lane, senior vice presiden...
GE Aerospace’ GEnx engine family, powering the 787 Dreamliner family recently surpassed the 50 million flight hour mark in less than 12 years accumulating nearly 32 million hours since entering servic...
Atlantic Airways recently operated its inaugural flight to New York from Vagar Airport (FAE) in the Faroe Islands. The flight covered a distance of six hours and landed at Stewart Airport (SWF), New Y...
Worldwide Flight Services (WFS) has started the construction of 6,500 m² fifth cargo handling terminal at Adolfo Suárez Madrid-Barajas Airport eyeing increase in growth capacity. The terminal is expec...
Amsterdam’s Schiphol Airport reported a net profit of €44 million in the first half (H1) of 2023 as compared to a loss of €29 million for the first half year of 2022. The airport management claims tha...
The European Union Aviation Safety Agency (EASA) has issued an airworthiness directive (AD 2023-0165) ordering all Trent 1000 engine operators – which are mainly installed on 787 aircraft – to inspect...
Austrian Airlines is planning to resume Innsbruck – Amsterdam route. The route was last served by its subsidiary Tyrolean Airways in March 2000. The airline will resume the route in the first quarter...
We're Social