Category: GENERAL AVIATION

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IATA Says Proof of Covid-19 Vaccination Should Be Temporary

Reading Time: < 1 minute According to the new head of the International Air Transport Association (IATA), travel restrictions that require proof of Covid-19 vaccination or negative test results should be lifted once the pandemic is under control. “These are measures that may be necessary as temporary arrangements while we go through this crisis, but once we’re through it, we […]

US Government Plans to Invest $25 billion into Airport Infrastructure
US Government Plans to Invest $25 billion into Airport Infrastructure

Reading Time: < 1 minute US President Joseph Biden has introduced a new American Jobs Plan containing $25 billion in funding to support and develop its airport infrastructure. The provisional huge $25 billion airport investment is a part of a broader scheme under which $2.3 trillion would be divided between investing in public transport, removing lead piping, cleaning port pollution, repairing bridges, […]

Vietnam Airlines Boeing 787-9 Dreamliner
Vietnam Airlines Expects Approval to Operate Direct Flights to the US

Reading Time: < 1 minute Vietnam Airlines is waiting for the US government approval to operate direct flights to the US. The flights would serve the repatriation needs of the Vietnamese. Vietnam Airlines has previously operated 12 repatriation flights, and now it sees demand for regular direct flights to be scheduled. The plan has been approved by the Board of […]

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 […]

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, […]

EU Plans Rollout of Digital Vaccine Certificate Before Summer
EU Plans Rollout of Digital Vaccine Certificate Before Summer

Reading Time: < 1 minute The EU aims to launch a digital vaccine certificate by the summer to allow those vaccinated against Covid-19 or those who have tested negative or recently recovered from the virus to freely travel within the EU. The Digital Green Certificate has been proposed to foster travel between EU member states as the summer tourism season […]

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 […]

Airbus to manufacture satellites in space
Airbus Selected to Build Satellite Factory in Space

Reading Time: < 1 minute The European Commission has selected Airbus to study spacecraft manufacturing in space as part of the horizon 2020 Programme. The PERASPERA In-Orbit Demonstration project, also called PERIOD, aims to focus on satellite manufacturing in orbit. Producing directly in orbit will be a revolutionary way to design, build and operate space systems. It is much more […]

Vietnamese Airlines Request Over $1bn Bailout Package

Reading Time: < 1 minute According to the Hanoitimes, Vietnam Aviation Business Association (VABA) has proposed the government to provide a credit aid package of VND25-27 trillion ($1.07-1.16 billion) to support the aviation industry that the Covid-19 pandemic has seriously impacted. VABA claims that the government support would improve enterprises’ financial state. To further facilitate this, the government should consider […]