Bid made on Mexican president’s B787 Dreamliner
A bid has been made on Mexican President Andrés Manuel López Obrador’s presidential jet, a Boeing 787 Dreamliner, which he has been hoping to sell for the best part of two years. Since shortly after his election, President López Obrador has attempted to offload the plane, which he describes as a symbol of corruption and
Turkish Airlines has reportedly now approved a codeshare agreement with Pakistan International Airlines, following the banning of PIA operations in the UK and the European Union. Under the new agreement, Pakistani passengers will be able to travel onboard Turkish Airlines operated aircraft from Istanbul to London and Birmingham in the UK, as well as Milan,
Singapore Airlines has announced that it is expecting to report a material operating loss for the first quarter of the 2020/21 financial year, as well as expecting to see the carrier experience its first annual loss since its founding, in January 1972. The news comes after the airline reported a record net loss of US$531
Iran slams US over ‘intentional’ attack on airliner
Iranian authorities have claimed that a US fighter jet intentionally “harassed” an Iranian passenger airliner over Syria, which resulted in the injury of passengers on board.
Investigators reportedly found that the plane’s “engine bleed air fifth stage check” valves had the tendency to stick in the open position.
SIA secures US$540 million in loans
Singapore Airlines (SIA) has successfully completed a US$541 million in debt capital through a series of long-term loans, secured on a number of its Airbus A350-900 and Boeing 787-10 aircraft. With the completion of these transactions, the airline has now secured a total of US$1.19 billion from secured financing since the beginning of the 2020-21
