Local media is reporting that Deloitte have narrowed Virgin Australia’s potential buyers down to two – Bain Capital and Cyrus Capital Partners. The original shortlist also included US based budget airline investor Indigo Partners and Australian company BGH Capital. Bain Capital has $US105 billion ($A155 billion) in assets under management and has former Jetstar chief…
A 41-year-old Air France pilot died in the crash of its aerobatic plane. The departmental fire and rescue service of Aude was alerted of the crash of an aerobatic plane which occurred on the runway of Carcassonne airport, France. According to reports, the Pitts S2 had risen in the air just seconds, before diving vertically…
Christopher Nolan said that he and his crew blew up a real Boeing 747 for “Tenet” because it was “more efficient” than practical effects using miniatures or CGI. In an interview with Total Film magazine, director Nolan said: “I planned to do it using miniatures and set-piece builds and a combination of visual effects and…
A German engineer on the first flight carrying European workers back to China has tested positive for coronavirus as an asymptomatic carrier, local authorities said Sunday. The man was on a Lufthansa flight from Frankfurt to the northeastern city of Tianjin which landed with around 200 passengers, mainly German workers and their families. Tianjin authorities…
The Irish low-cost company plans to lay off a quarter of its pilots in France and offers wage cuts of up to 20%, as of this year, for pilots and 10% for flight attendants. According to several confidential documents that French radio RTL was able to obtain, Ryanair made a proposal. The airline has offered…
Airservices Australia released a report from former Sex Discrimination Commissioner Elizabeth Broderick today. ABC Australia reports the “A Review of Culture at Airservices Australia” report was commissioned to study the internal culture at the government owned organisation. “Specifically relating to bullying, harassment, sexual harassment, psychological welfare and inclusion.” The report found a “Lord of the…
EasyJet is to cut up to 30% of its workforce as it struggles to cope with the collapse in demand for air travel caused by the coronavirus pandemic. Up to 4,500 of its 15,000-member workforce could lose their jobs and the airline will start a consultation process with employees in the coming days. EasyJet expects…
Boeing resumed 737 MAX production in Renton. “Today, teams in Renton started to warm up the factory’s central production line,” said Boeing Commercial Airplanes CEO Stan Deal in a message to employees Wednesday afternoon. The MAX has been grounded since soon after the deadly crash of an Ethiopian Airlines MAX in March 2019, following the…
Lufthansa’s supervisory board was unable to approve a 9-billion euro (US$9.90 billion) bailout in light of conditions imposed by the European Union, the airline group said on Wednesday. Lufthansa’s supervisory board postponed approval of a 9 billion euro (US$9.90 billion) bailout in light of conditions imposed by the European Union, the German airline group said…
Anchorage was briefly the world’s busiest title on Saturday, April 25. The coronavirus pandemic means that passenger traffic is currently down by more than 90% but the cargo demand is pretty high. On Saturday, May 2, Anchorage had 744 flight operations when Chicago had only 579 and Atlanta 529. Anchorage is positioned to perfect geographical…
LATAM Airlines Group, the largest air carrier in Latin America, filed for Chapter 11 bankruptcy on Tuesday, according to a statement released on its website. South America’s biggest airline sought Chapter 11 bankruptcy protection Tuesday as it grapples with the sharp downturn in air travel sparked by the coronavirus pandemic. Latam Airlines said that it and several…
The future of struggling Norwegian Air is looking brighter with a new investment from China. The airline, who was faced with possible bankruptcy after the coronavirus crisis wiped out the travel industry, just underwent a major restructuring. BOC Aviation, a Singapore-based company, which through an investment arm of Bank of China is owned by the…
