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US DOT EXTENDS FINANCIAL AID FOR ESSENTIAL AIR SERVICE CARRIERS

US Department of Transportation | June 09, 2020

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The US Department of Transportation (DOT) will extend its financial support to airlines that cancel “Essential Air Service” (EAS) flights due to lack of demand stemming from the coronavirus pandemic. The agency had already authorised paying 50% of subsidies for flights cancelled due to lack of demand as long as carriers serve the destinations with at least one round trip daily, six days weekly. In Alaska, carriers must complete at least 50% of weekly schedules to receive payme...

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SKYTRAX WORLD AIRPORT AWARDS 2020 DECLARES HAMAD INTERNATIONAL AIRPORT AS 'THIRD-BEST AIRPORT IN THE WORLD'

Hamad International Airport | May 12, 2020

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Qatar's International Airport retains "Best Airport in the Middle East" and "Best Staff Service in the Middle East" Titles. HIA has been steadily rising in the "World's Best Airports" rankings since the start of its op...

Read More

VIETJET A321 SKIDS OFF HO CHI MINH RUNWAY IN HEAVY RAIN

VietJet | June 14, 2020

news image

A VietJet A321 skidded off the runway earlier today upon arrival at Ho Chi Minh City after adverse weather conditions. The aircraft had been serving a domestic route from on a flight that lasted just under one hour. Officials have now closed the runway at Ho Chi Minh, putting both of its runways out of action....

Read More

Commercial Aviation

UAV FACTORY, A PORTFOLIO COMPANY OF AE INDUSTRIAL PARTNERS, ACQUIRES JENNINGS AERONAUTICS

AE Industrial Partners | September 16, 2021

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AE Industrial Partners, LP ("AEI"), a US-based private equity firm specializing in aerospace, defense & government services, space, power generation, and specialty industrial markets, announced today that it has expanded its Unmanned and Autonomous platform through the acquisition of Jennings Aeronautics, Inc. ("JAI"), a leading provider of innovative Small Unmanned Aerial Systems . JAI will be combined with UAV Factory, a global leader in tactical Unmanned Aerial Vehicle...

Read More

US Department of Transportation | June 09, 2020

news image

US DOT EXTENDS FINANCIAL AID FOR ESSENTIAL AIR SERVICE CARRIERS

The US Department of Transportation (DOT) will extend its financial support to airlines that cancel “Essential Air Service” (EAS) flights due to lack of demand stemming from the coronavirus pandemic. The agency had already authorised paying 50% of subsidies for flights cancelled due to lack of demand as long as carriers serve the destinations with at least one round trip daily, six days weekly. In Alaska, carriers must complete at least 50% of weekly schedules to receive payme...

Read More

Hamad International Airport | May 12, 2020

news image

SKYTRAX WORLD AIRPORT AWARDS 2020 DECLARES HAMAD INTERNATIONAL AIRPORT AS 'THIRD-BEST AIRPORT IN THE WORLD'

Qatar's International Airport retains "Best Airport in the Middle East" and "Best Staff Service in the Middle East" Titles. HIA has been steadily rising in the "World's Best Airports" rankings since the start of its op...

Read More

VietJet | June 14, 2020

news image

VIETJET A321 SKIDS OFF HO CHI MINH RUNWAY IN HEAVY RAIN

A VietJet A321 skidded off the runway earlier today upon arrival at Ho Chi Minh City after adverse weather conditions. The aircraft had been serving a domestic route from on a flight that lasted just under one hour. Officials have now closed the runway at Ho Chi Minh, putting both of its runways out of action....

Read More

Commercial Aviation

AE Industrial Partners | September 16, 2021

news image

UAV FACTORY, A PORTFOLIO COMPANY OF AE INDUSTRIAL PARTNERS, ACQUIRES JENNINGS AERONAUTICS

AE Industrial Partners, LP ("AEI"), a US-based private equity firm specializing in aerospace, defense & government services, space, power generation, and specialty industrial markets, announced today that it has expanded its Unmanned and Autonomous platform through the acquisition of Jennings Aeronautics, Inc. ("JAI"), a leading provider of innovative Small Unmanned Aerial Systems . JAI will be combined with UAV Factory, a global leader in tactical Unmanned Aerial Vehicle...

Read More