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JAL set for bailout
Japan Air Lines may receive a government backed bridging loan to allow it to restructure. “The government team will do its best to take steps to ensure safe and stable operations of the airline,” transport minister Seiji Maehara told Japanese reporters on October 30. JAL is understood to be seeking a JPY180bn (A$2.2bn) bridging loan
Read moreGECAS mulling 787 order
In a rare spot of good news for the Boeing 787, it has been revealed lessor GE Commercial Aviation Services is considering a firm order for as many as 30 aircraft. “We expect some delivery slots will open to accommodate an order of that size,” GECAS executive vice president for product evaluation and strategy Bill
Read moreCTC ranks in Deloitte Top 50 list
/New Zealand based CTC Aviation Training has ranked 23rd in Deloitte’s list of New Zealand’s 50 Fastest Growing Companies. The company, whose operations are based in Hamilton, was also awarded the ‘Fastest Growing Business Services Business’ award for the Central North Island. “The last two years were particularly good for us and saw us grow
Read moreUSAF tanker battle resumes
/Hot on the heels of the USAF re-releasing a draft RFP for its KC-X tanker replacement program, Northrop Grumman has opened the possibility of boycotting the competition due to what it says are faulty draft bidding rules and because it claims Boeing received an unfair advantage when it was given costing information on Northrop’s previous
Read moreUS in danger of losing military aerospace sustainability
/The United States is in danger of losing the capability to sustain its own military aerospace sector, according to a leading US think tank. Speaking at a conference in Washington on October 29, Rebecca Grant, director of the Mitchell Institute for Airpower Studies, said the US is reaching “the end of the road” in being
Read moreCASA boss calls for ‘constructive criticism’
/CASA CEO John McCormick has called for an end to “mean-spirited, self-serving and frequently false accusations” against staff at the Authority, but has called on the industry to be more constructive with its criticism and feedback on the organisation. McCormick made the calls in the latest issue of CASA’s Briefing newsletter. Quoting his testimony at
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