Reading Time: < 1 minute IAG said Thursday it had signed a deal with Air Europa’s conglomerate owner Globalia Corporacion Empresarial SA to provide a 100 million euros seven-year unsecured loan. The airline group that includes British Airways, Vueling and Iberia said the agreement gives it time to evaluate the interest of both parties after terminating the contract for the […]
Reading Time: < 1 minute The UK is canceling all COVID-19 international travel restrictions for all passengers from 04:00 local time on Friday, March 18. UK Transport Secretary Grant Shapps said, “I said we wouldn’t keep travel measures in place for any longer than necessary, which we’re delivering on today, providing more welcome news and greater freedom for travelers ahead […]
Reading Time: < 1 minute The airline Iberia and the Spanish Red Cross have sent their first shipment of humanitarian aid to Budapest for Ukrainians amid the military conflict. This first shipment of 12 tonnes consisted of tarpaulins, blankets and family cooking kits. The Spanish airline operates three direct flights a week (Mondays, Thursdays and Saturdays) from Madrid to Budapest. […]
Reading Time: < 1 minute After a two-year gap, all international flights from India resume fully from March 27. „After having recognised the increased vaccination coverage across the globe and in consultation with stakeholders, the Government of India has decided to resume scheduled commercial international passenger services to and from India from 27.03.2022, i.e. start of Summer Schedule 2022,“ the […]
Reading Time: < 1 minute Due to insurance concerns about a potential Russian invasion of Ukraine, Ukrainian Bees Airline has moved its four leased Boeing 737-800s from Ukraine to France. “According to the lessor, all aircraft will be returned to us in the event of de-escalation of the military risk situation. (…) Owing to these circumstances of ‘force majeure’ we […]
Reading Time: < 1 minute BOC Aviation, a Singapore-based airplane lessor, continues to grow its fleet. Currently, 99% of its owned fleet is leased out. Currently, only nine out of 420 company’s aircraft are not leased. In total, it has over 100 Airbus A320ceos, over 80 A320neos, close to 20 A330s – current engine and new engine options, as well […]
Reading Time: < 1 minute The International Air Transport Association (IATA) 77th Annual General Meeting approved a global air transport industry resolution to achieve net-zero carbon emissions by 2050. This commitment will align with the Paris Agreement goal for global warming not to exceed 1.5°C. “The world’s airlines have taken a momentous decision to ensure that flying is sustainable. The […]
Reading Time: < 1 minute From November 2021, the US will likely lift its ban on travel from Europe to the States. For 18 months, only US citizens, immediate family members and those on a shortlist of exemptions have been allowed to enter the US from the EU and UK. Now, President Biden has announced the repealing of the ban, […]
Reading Time: 2 minutes A most controversial Boeing Co airplane Boeing 737 MAX took the test flight in China on Wednesday, reported Reuters. The U.S. manufacturer tries to end a nearly two-and-a-half-year regulatory grounding of the model in the fastest growing travel market. Flight-tracking website Flightradar24 showed a 737 MAX 7 test plane taking off from Shanghai’s Pudong International […]
Reading Time: 3 minutes One of the leading independent aviation training companies – BAA Training – today has announced it will be getting financing for its global expansion provided by UK Export Finance (UKEF) and US Apple Bank for Savings. Two companies belonging to Avia Solutions Group (ASG) – BAA Training and ASG Asset Management – were involved in […]