by Wajeeh Qureshi | Aug 13, 2020 | News
Japanese based carrier, All Nippon Airways (ANA), is in talks with banks to raise up to $4.6 billion according to Nikkei. It reported that ANA will potentially acquire $4.6 billion in new financing to help avert the crisis spurred by the coronavirus. An ANA 767 | ©...
by Wajeeh Qureshi | Jul 30, 2020 | News
Today, Airbus posted its half-year (H1) 2020 results in which it recorded a net loss of €1.9 billion. Compared to last year’s €1.2 billion net income, Airbus has now thoroughly felt the impact of the coronavirus. The European planemaker revealed that its...
by Wajeeh Qureshi | Jul 29, 2020 | News
The International Air Transport Association (IATA) revised its prediction for passenger traffic recovery on Tuesday. Earlier, the global airlines trade association projected pre-COVID-19 levels to return no earlier than 2023. However, in its latest update, it declared...
by Wajeeh Qureshi | Jul 25, 2020 | News
US regulatory authority, the Federal Aviation Administration (FAA) issued an emergency airworthiness directive (AD) for stored Boeing 737 aircraft on Friday. The directive was issued following four recent reports of in-flight single-engine shutdowns caused by corroded...
by Wajeeh Qureshi | Jul 24, 2020 | News
Two US Fighter Jets came close to a Mahan Air A310-300 that was flying between Tehran (Iran) and Beirut (Lebanon) on late 23 July. The incident occurred over Syrian airspace when an F-15 jet approached the passenger plane to conduct a ‘routine inspection’. On seeing...
