FRANKFURT - Norwegian is moving ahead with drastic proposals to ensure sufficient liquidity over the coming winter. The low-cost carrier is requesting an extension of around two years for the maturity of two bonds and is negotiating better terms with aircraft lessors. The airline said it is “executing on its strategic plan from growth to profitability and cash generation” and wants to “ensure successful operations and adequate liquidity headroom.”
Sept. 4-7—Regional Airline Association (RAA) 44th Annual Convention, Music City Convention Center, Nashville, Tennessee, https://www.raa.org/convention/
Delta Air Lines pilots are asking the U.S. Department of Transportation to review the Delta-Aeroméxico transborder joint venture, saying the increased U.S. job and career opportunities promised by the alliance have failed to materialize.
South African regional carrier SA Express resumed services Aug. 30 after a 48-hour stoppage—initiated when the country’s airport operator banned the airline from using its facilities because of unpaid debts.
The selection of suppliers for the Russo-Chinese Craic CR929 widebody airliner has slipped beyond 2019, the program’s chief designer from the Russian side Maxim Litvinov told Aviation Daily at the MAKS Air Show taking place near Moscow this week.
Germany’s Volocopter has conducted a test flight at Helsinki International Airport with its prototype electric vertical-takeoff-and-landing (eVTOL) air taxi.
A coalition of 28 environmental and public-health groups is protesting FAA’s push to provide regulatory relief for the civil supersonic aircraft industry.
AirAsia X has agreed to order more Airbus A330neos while also placing its first order for A321XLRs, following through on previous hints that it would add long-range narrowbodies to its fleet.
Design changes meant to give Airbus A320neo-family operators more cabin flexibility are creating operational headaches for some carriers that must adhere to performance limitations triggered by unanticipated center-of gravity (CG) limitations, Aviation Week has learned.
London Gatwick Airport has started acting on plans to develop its existing northern runway, which is currently used as a standby, so smaller aircraft can depart alongside its main runway by the mid-2020s.
U.S. carriers should see continued top line revenue growth in 2020, driven by higher capacity from the re-entry of the Boeing 737 MAX, analysts at Cowen and Co. project said.
Scandinavian Airlines (SAS) is working to reduce its negative carbon footprint with more fuel-efficient aircraft, president & CEO Rickard Gustafson said as the company delivered “disappointing” fiscal 2019 third-quarter (Q3) results earlier this week.
A fire that severely damaged an Air China Airbus A330-300 during boarding at Beijing Capital International Airport on Aug. 27 was brought under control 57 minutes after discovery, according to details of the incident issued by the Civil Aviation Administration of China (CAAC).
Rolls-Royce and Widerøe are teaming up to research zero emission aviation as the Scandinavian regional airline aims for an all-electric fleet, in parallel with the Norwegian government’s goal of zero emission domestic flights by 2040.
