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2 weeks, 4 days ago

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FlySAX has submitted a revised offer to acquire South African Express (EXY, Johannesburg O.R. Tambo), this time seeking to raise up to ZAR150 million rand (USD10.4 million) in working capital through crowd-funding to save the airline from being liquidated on July 29, 2021. A Special Purpose Vehicle…

13 hrs, 58 mins ago
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Mitsubishi Aircraft Corporation (MAJ, Nagoya Chubu), the subsidiary of Mitsubishi Heavy Industries that put its SpaceJet M90 (nee MRJ) project indefinitely on hold last October, has slashed its capital by 99.6% to help stem the beleaguered regional jet programme’s cumulative losses. The manufacturer…

15 hrs, 10 mins ago
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The Australian Competition and Consumer Commission (ACCC) has tentatively rejected a joint business agreement (JBA) between Qantas (QF, Sydney Kingsford Smith) and JAL - Japan Airlines (JL, Tokyo Haneda), citing dubious benefits to the public. "An agreement for coordination between two key competitors…

16 hrs, 22 mins ago
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17 hrs, 34 mins ago
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FedEx Corporation and UEFA have signed a three-year agreement in which FedEx will sponsor the UEFA Champions League commencing at the start of the 2021/22 tournament and extending for three editions through to 2023/24. The agreement also includes sponsorship rights for the UEFA Super Cup, UEFA Youth…

18 hrs, 50 mins ago
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interCaribbean Airways (JY, Providenciales) is set to make its mainland South American debut after the Guyanese government granted it fifth and seventh freedom traffic rights at Georgetown Cheddi Jagan airport. Speaking during an engagement with travel agents in the capital Georgetown on May 3, 2021,…

19 hrs, 3 mins ago
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MIAMI – Today in Aviation, Pacific Southwest Airlines (PSA) operates its first flight with weekly service between San Diego and Oakland, US, in 1949. With a stop in Burbank, California, the carrier began the operation with a leased Douglas DC-3. Pacific Southwest Airlines was a United States airline…

19 hrs, 14 mins ago
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British Airways has made this announcement: After one of the worst years in aviation history, British Airways has launched a new advertising campaign, putting its people and customers at the centre of the story about its return to the skies. “You make us fly”, which is the first TV advert since…

19 hrs, 22 mins ago
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Taos Air will restart its jet service offering nonstop flights to and from Austin–Bergstrom International, Dallas Love Field, Hawthorne Municipal Airport in Los Angeles, and McClellan-Palomar Airport in Carlsbad. Service resumes July 1, 2021. In addition to complimentary shuttle ground shuttle…

19 hrs, 34 mins ago
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Northern Aviation Services has placed an order with Boeing for four converted B767-300(ERBCF) freighters, which will be operated by the holding's Northern Air Cargo (NC, Anchorage Ted Stevens) subsidiary. "As we started to move into new geographies and new markets we made a decision to move into the…

20 hrs, 23 mins ago
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