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Airline debt to balloon by 28% -heavy new debt levels will weigh down recovery

The International Air Transport Association (IATA) released an analysis showing that the airline industry’s global debt could rise to $550 billion by year-end. That’s a $120 billion increase over debt levels at the start of 2020. - $67 billion of the new debt is composed of government loans ($50 billion), deferred taxes ($5 billion), and loan guarantees ($12 billion). - $52 billi...

S7 Technics extended the scope of EASA Part-21 J certificate

S7 Technics Design Organisation Approval developing technical documentation for repairs and modifications of water and waste systems installed on aircraft. The scope of works during aircraft base maintenance visit includes repair of various systems, which is carried out in accordance with documentation of the aircraft manufacturing companies (AMM, SRM etc). However, there are som...

Saudi International Airshow 2021 doubles in size

The 2021 edition will double in size, with more than 100,000 sqm surface exhibition space, two new exhibition halls in addition to the existing hall and a static display. Despite COVID-19 and several months of slow business, many requests for exhibiting have been received as Saudi International Airshow will be the 1st airshow of 2021. The world's top aerospace and aviation companies...

Air travel passenger preferences revealed by Honeywell survey

An informal Honeywell survey taken by more than 700 frequent business and personal air travel passengers indicates the types of guidelines and health-related equipment passengers may be looking for while flying during and after the COVID-19 pandemic.  The anonymous online survey showed that a majority of travelers (72%) were more concerned with the environment on an airplane than in a...

Congo Airways Converts Embraer E175 Order to E190-E2 Jets

Congo Airways have converted the firm order made in December 2019 for two E175 aircraft, with purchase rights for two more, into a firm order for two E190-E2 jets, with purchase rights for a further two. The new deal has a total value of USD 256 million at current list prices with all purchase rights exercised, and will be included in Embraer’s second quarter backlog.  Desire Bantu,...

Finnair boosts reliability of regional fleet with ATR Global Maintenance Agreement

ATR and one of its long-standing customers, the Finnish airline Finnair, signed a 10-year Global Maintenance Agreement (GMA). Through this package, Finnair and Nordic Regional Airlines (NoRRA) – who operates Finnair’s regional ATR traffic – will benefit from a customised support from ATR, which will help the airline better anticipate maintenance costs while enhancing the dispatch...

Delivery trial for NHS in Scotland to support UK COVID-19 response: Thales, Skyports and Wingcopter

The trial is backed by Argyll and Bute Health and Social Care Partnership (HSCP) – the integrated partnership of NHS Highland and Argyll and Bute Council directed by the local Integration Joint Board –  and aims to prove the feasibility of delivering urgent medical cargo, such as COVID-19 test kits and Personal Protective Equipment (PPE), between remote medical facilities by...

A network of 59 destinations from June until August: Brussels Airlines

Last week Brussels Airlines announced that it will restart its commercial flights from its hub at Brussels Airport on 15 June. Based on market demand and ongoing travel restrictions, the airline will offer an adapted and downsized summer schedule, which will consist of approximately 30% of Brussels Airlines' originally planned summer schedule in Europe and 40% of the long-haul summer prog...

Economic Stabilization Fund approves Lufthansa stabilization package

Deutsche Lufthansa AG has been informed by the Economic Stabilization Fund (WSF) of the Federal Republic of Germany that the WSF has approved the stabilization package for the company. The Executive Board also supports the package. The package provides for stabilization measures and loans of up to EUR 9 billion. The WSF will make silent participations of up to 5.7 billion euros in total in t...

The airframe for the first IL-96-400M airliner is at the final assembly stage

The works upon building up the long-haul widebody IL-96-400M aircraft are carried on at the final assembly shop on VASO aviation plant in Voronezh. The new aircraft is developed as a modification of the mass-produced IL-96-300 with a fuselage 9.35m longer than its predecessor with the additions for the original type certificate. The newly built is to maintain high reliability specifications as...

AIRSHOW 2021 - new dates announced

Last week, AMDA Foundation Limited announced that, due to the effects of the COVID-19 Coronavirus pandemic, the 2021 Australian International Airshow and Aerospace & Defence Exposition (AIRSHOW 2021) would be deferred from its original February dates to November 2021. The new dates for AVALON 2021 have now been determined.  TRADE VISITORS ONLY: Tuesday 23 to Friday 26 November unt...

Ryanair welcomed EU Guidelines for return to healthy flying

Ryanair welcomed new EU guidelines to ensure that Europe’s citizens can return to flying within the European Union in the coming weeks in a manner that best protects their health and the health of airline crew. These effective guidelines now allow Europe’s tourism industry to restart in July & August. Ryanair especially welcomes the advice on face masks, which reflects Ryan...

New IFRS for airlines with provisions for virus impact

By Gediminas Ziemelis In the last 10 years, the world faced two viruses with great amount of deaths, panic of consumers and impact on airline businesses and global economy. In 2009, 575 000 people died from swine flu pandemic, and from 2019 until now, 330 000 people died from COVID-19 (full table of all significant viruses provided below). At the beginning of 2020, some airlines annou...

After corona crisis - Caribbean Aviation MeetUp set to be back

I must confess, I was hoping that Caribbean Aviation MeeUp will take pplace, by a miracle if you want in between of all corona crisis.... Now it is clear we all will have to wait until 2021 to live a solution oriented event, an amazing ambience I've rarely seen anywhere alse. As the CARIBAVIA conference had to be cancelled, CARIBAVIA-TV will be the new additional platform for communicatio...

Business aviation insider - Geneva Airpark the only gateway to western Switzerland

Geneva Airport: the only gateway to western Switzerland According to a decision from the Federal Office of Public Health, Geneva Airport is one of the only 3 Swiss airports, along with Basel and Zurich, with official authorization to receive passengers from abroad. How can Geneva Airpark help you meet your challenges? We are currently leaving nothing to chance to actively continue service...

ANTONOV COMPANY started general assembly of the AN-178 fuselage for Peru

ANTONOV COMPANY has started the general assembly of the fuselage of the AN-178 transport intended for delivery to the Ministry of Internal Affairs of the Republic of Peru. Recently, the fuselage nose part was installed into the assembly jig, where the floor, transverse frames and side panels of the cargo compartment were placed previously.  As informed earlier, the central part of the...

LATAM Group to resume operations with lower fares, more commercial flexibility, increased sanitary measures

LATAM Airlines Group and its affiliates, Latin America’s leading airline group with one of the largest route networks in the world, announced today it will gradually increase its international and domestic operations during June and July, offering passengers more flexible options, lower fares and increased sanitation measures. In June the LATAM group expects to increase its total pre-cris...

Meet ZALA Aero new multipurpose VTOL unmanned aerial vehicle

ZALA Aero has developed a new multipurpose VTOL unmanned aerial vehicle ZALA 421-16EV. The new unmanned VTOL ZALA 421-16EV HD features a unique adaptive system for using the aerodynamic properties of UAV in all flight modes. The new unmanned system combines the latest scientific and technical developments of the company - it broadcasts the video stream in HD quality (1280*720), whic...

Wingcopter - one of the winners of German Government €24 million COVID-19 hackathon

Wingcopter, developer of autonomous delivery drones for humanitarian and commercial applications, has been named one of nine winners of the #SmartDevelopmentHack. Through this global hackathon, the German Ministry for Economic Cooperation and Development (BMZ) solicited innovative digital solutions to tackle the challenges caused by the coronavirus outbreak in low- and middle-income countries...

More destinations with airBaltic: Amsterdam, Vienna, Hamburg, Dusseldorf and Paris

Great news - more destinations to be served by airBaltic: direct flights from Riga to Amsterdam on May 25, Hamburg on June 1, Vienna on June 8 and Dusseldorf on June 9 and direct flights from Tallinn to Paris on June 1, Vienna on June 2 and Berlin on June 4! Martin Gauss, CEO of airBaltic: “We provide the best connectivity to and from the Baltics. By June 9, we wil...

Summer by Volotea - the launch of 40 new domestic routes

Volotea is launching 40 new routes in all the countries where it is based. In Italy, France, Spain and Greece, Volotea is now offering new domestic flights with 15 exclusive connections. The aim is to provide more domestic possibilities for this summer, and to facilitate journeys between mainland and the islands. The airline has also advertised the resumption of flights for June 16th, wi...