Category: AIRLINES & AIRPORTS

Heart Aerospace
Finnair Signs Letter of Interest on Electric Aircraft

Reading Time: < 1 minute Finnair has moved a step closer to adding electric aircraft to its fleet by signing a Letter of Interest with Heart Aerospace for ES-19 aircraft. Finnair is considering acquiring 20 ES-19 aircraft developed by the Swedish start-up Heart Aerospace. The aircraft will be available for commercial service in 2026, and if the final agreement is […]

Ryanair Unveils Its Summer Expansion Plans with New Routes
Ryanair Unveils Its Summer Expansion Plans with New Routes

Reading Time: < 1 minute Ryanair has unveiled its plans to launch 26 new routes for the summer season, including routes to popular holiday destinations, such as Italy, France, Greece, Portugal, and Spain. To mark the new routes’ launch, Ryanair has begun a sale for summer flights that will include fares of £19.99 each way and last until October 2021. […]

SriLankan Airlines
SriLankan Airlines Files a Lawsuit Against Airbus and Seeks $1 billion

Reading Time: < 1 minute SriLankan Airlines has sued Airbus for $1 billion for alleged corruption during the procurement of A350-900s and consequent damages and loss of reputation.  The issue traces back to the Crown Court judgment in the UK that found Airbus guilty of bribery concerning aircraft agreements. Sri Lanka’s flag carrier has also requested cancellation of the A350-900 […]

Aer Lingus Operates Freight Flights from Germany to the US
Aer Lingus Operates Freight Flights from Germany to the US

Reading Time: < 1 minute Aer Lingus has operated several direct cargo flights from Germany to the US on behalf of IAG Cargo. According to Flying In Ireland, the airline has helped a German car manufacturer with its cargo relocation. Over recent days, Aer Lingus has operated three Airbus A330 flights to Germany. The first was with Airbus A330-300 EI-GAJ […]

Malta Air’s First Boeing 737 MAX Aircraft is Ready for Delivery

Reading Time: < 1 minute The first Boeing 737 MAX aircraft fuselages produced for Malta Air, Ryanair’s subsidiary, have been spotted leaving the production line in Renton, Washington. These spotted aircraft are part of the Ryanair Group’s order for 210 Boeing 737 MAX airplanes. The two fuselages of Boeing 737 MAX destined for Malta Air have been spotted by Twitter’s […]

Vietnam’s Bamboo Airways to List Its Shares on Stock Exchange
Vietnam’s Bamboo Airways to List Its Shares on Stock Exchange

Reading Time: < 1 minute Vietnam’s startup Bamboo Airways aims to list its shares on a local stock exchange in Q3 and raise its domestic market share from 20% to 30%. According to Reuters, the airline plans to offer 105 million shares on either The Ho Chi Minh City Stock Exchange (HOSE) or the Hanoi Stock Exchange (HNX). The initial […]

British Airways Owner IAG Raises Є 1.2 Billion in Bond Issue
British Airways Owner IAG Raises Є1.2 Billion in Bond Issue

Reading Time: < 1 minute British Airways and Aer Lingus owner IAG raised Є1.2 billion ($1.43 billion) in a bond issue. The company explained the raised funds would help it get through the rest of the pandemic. Originally, IAG planned to raise Є1 billion, but the demand was higher than expected, enabling it to raise Є1.2 billion. According to IAG, […]

Indigo Partners Sells Wizz Air Stock Worth $555.56 million
Indigo Partners Sells Wizz Air Stock Worth $555.56 million

Reading Time: < 1 minute Wizz Air’s largest shareholder, American equity firm Indigo Partners LLC, has sold a portion of its Wizz Air shares for $555.56 million. As a result, the shares of Hungarian low-cost carrier Wizz Air have dropped by 6.5%. This move has resulted in Indigo Partners owning a mere 8.5% of Wizz Air, down from 17.5%. The […]

Vietnam Mulls Reauthorization of Boeing 737 MAX Operations

Reading Time: < 1 minute The Civil Aviation Authority of Vietnam (CAAV) has proposed the Ministry of Transport permit the Boeing B737 MAX operations within the country. The authority will issue a recommendation to the National Traffic Safety Committee (NTSC) to allow to fly Boeing 737 MAX in Vietnam’s airspace. CAAV proposal comes after aviation safety agencies worldwide have performed […]

Airports See a Record-High Number of Passengers in Nearly a Year

Reading Time: < 1 minute According to CNBC, TSA officers screened 1,357,111 people at airports on Friday, March 12, 2021, which is the highest number of passengers airports have seen in nearly a year since March 15, 2020. It indicates that air travel becomes more common again now that the Covid-19 vaccine is becoming more available. On April 14, 2020, […]