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Business jet deliveries down 20 per cent in 2020: GAMA
Worldwide business jet deliveries fell 20.4 per cent in 2020, though saw an uptick in the last quarter, according to the General Aviation Manufacturers Association. The impact of the COVID-19 pandemic saw deliveries fall to 644 aircraft for the year, down from 809 deliveries in 2019. However, according to the association, the business jet market
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US regulator orders immediate inspections of certain B777 engines
| 3 Comments on US regulator orders immediate inspections of certain B777 enginesThe Federal Aviation Administration has confirmed it is nearly ready to finalise its emergency directive stipulating the immediate inspection of certain Pratt & Whitney PW4000 engines, used in the Boeing 777. The regulator’s chief administrator Steve Dickson has said the FAA has been working “nonstop” to regulate and rectify issues with the affected engines, and
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Norwegian looks to axe hundreds of jet orders
Norwegian Air is expected to cancel hundreds of aircraft orders amid its restructuring proceedings, as Airbus and Boeing brace for impact. Sources close to the matter informed Reuters that both planemakers are set to see hefty cancellations from the airline. In November 2020, Norwegian filed, and was subsequently granted, bankruptcy protection against its creditors in
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FAA joins in warning of post-COVID risks in aviation
| 1 Comment on FAA joins in warning of post-COVID risks in aviationUS Federal Aviation Administration administrator Steve Dickson has joined others in warning of the potential risks involved in the post-COVID aviation recovery. Dickson noted specifically that the industry that existed before the COVID-19 pandemic struck the industry “in many respects no longer exists today”. The comments were made off the back of the crisis that
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IndiGo signs deal to lease 7 A321neos
/Indian low-cost carrier IndiGo has announced it has signed a long-term lease agreement with Dubai Aerospace Enterprise (DAE) for seven Airbus A321neo aircraft. All seven aircraft will be powered by CFM International’s Leading Edge Aviation Propulsion (LEAP) engines, according to the airline. The planes are scheduled to be delivered in 2021. Firoz Tarapore, chief executive
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Malaysia Airlines set to survive after approved restructure plan
/ | 3 Comments on Malaysia Airlines set to survive after approved restructure planMalaysia Aviation Group, parent company to the embattled flag carrier Malaysia Airlines, has received formal approval from the UK court to move ahead with its restructuring plan. MAG said the approved restructuring plan includes a deal between its leasing unit and most of its aircraft lessors, as well as a capital injection of $891 million
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