The World of Aviation

Swedish internet-based tracking service Flightradar24 has released several key indications of an uptick in flights in recent weeks, charting a return towards normal. While civil aviation is still down significantly year-on-year, signs of hope are beginning to emerge for the industry. On 5 June, the organisation reported that the number of commercial flights it tracked

The government of Hong Kong will take a minority stake in Cathay Pacific as it agrees to bail out the airline to the tune of $5 billion. Cathay Pacific and its parent company Swire Pacific also announced that they plan to raise HK$39 billion ($5 billion) in new capital. Hong Kong’s flag carrier has struggled

The CH-53K King Stallion heavy transport helicopter has successfully completed several inflight refuelling tests with a United States Marine Corp KC-130J Super Hercules tanker. The test flight took place at the beginning of April off the east coast of the United States and lasted several hours. The Sikorsky family of CH-53 transport helicopters has been

The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1 per cent due to the ongoing pandemic.

Budapest-based low-cost carrier (LCC) Wizz Air has provided further detail on plans for its Abu Dhabi hub. Speaking on a webcast with aviation consultant John Strickland, CEO József Váradi said that the airline plans to operate as many as 100 aircraft to and from the UAE by 2035. Varadi has doubled down on the UAE

Singapore Airlines has announced that it has managed to raise US$7.2 billion in new equity through the company’s recent rights issue. Along with its new liquidity, the Changi Airport-based national flag carrier of Singapore has built up a mix of secured and unsecured credit facilities. It is hoped this new liquidity will leave the airline