Daily News Briefs

El Al CEO confirms plans to take delivery of 787-9 in Aug-2017

El Al CEO David Maimon confirmed (16-Aug-2017) the carrier’s first Boeing 787-9 aircraft will arrive in Aug-2017 and enter service in Aug/Sep-2017. Mr Maimon added: “This plane is

AFI KLM E&M testing eddy-current inspection technology at Amsterdam engine unit

Air France Industries KLM Engineering and Maintenance (AFI KLM E&M) director innovations James Kornberg confirmed trials of non-destructive testing eddy-current inspection technology at the company’s Amsterdam engine unit (MRO Network, 16-Aug-2017).

Alitalia to focus on domestic route network in restructuring: Commissioner

Alitalia commissioner Stefano Paleari stated restructuring for insolvency will see the carrier “predominantly oriented on the domestic market” (il Sol 24 Ore, 15-Aug-2017). The domestic market accounts

airberlin to choose bank to finance insolvency by Nov-2017

airberlin appointed specialist insolvency lawyer Dr Frank Kebekus of Kebekus et Zimmerman, and Dr Lucas Flöther of Flöther & Wissing, to direct the airline’s insolvency proceedings (Wirtschaftswoche/Berliner

airberlin CEO commends speed of German Government bridging loan

airberlin CEO Thomas Winkelmann commented on the German Government’s EUR150 million bridging loan, stating “The speed with which all parties in the government worked impressed me… We

European airlines resume Mombasa services for summer 2017

Neos resumed seasonal charter services between Italy and Mombasa on 19-Jul-2017, followed by Meridiana on 21-Jul-2017 and Blue Panorama Airlines (tourismupdate.co.za, 15-Aug-2017). Blue Panorama suspended Mombasa services due to security concerns in 2011 and

Ryanair share buyback programme update

Ryanair announced (14-Aug-2017) it bought back 586,500 shares in the company valued at approximately EUR10.5 million. The current buyback programme was announced in May-2017 and runs until

IAG purchases 310,074 company shares in buy back programme

IAG purchased (15-Aug-2017) 310,074 ordinary shares of EUR0.50 each in the capital of the company on 14-Aug-2017. All of the shares will be held in treasury

Ryanair lodges competition complaints around airberlin insolvency proceedings

Ryanair lodged (15-Aug-2017) competition complaints with the German Bundeskartellamt and the EU Commission regarding the “obvious conspiracy playing out in Germany“, between the German Government, Lufthansa

airberlin files for insolvency proceedings, Etihad intends to no longer offer financial support

airberlin filed (15-Aug-2017) to commence insolvency proceedings, in order to continue with “the restructuring process that is already underway”. The proceedings are due to Etihad Airways intending to no longer

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