Pacific Aerospace Resources and Technologies

Grupo Aeromexico | September 22, 2020

Grupo Aeroméxico, S.A.B. de C.V. today announced that the Company received approval by the United States Bankruptcy Court for the Southern District of New York to modify the majority of its existing aircraft equipment leases into power by the hour agreements ("PBH Agreements") that will substantially reduce Aeromexico's monthly aircraft and engine costs for the duration of the PBH period. PBH Agreements allow for Aeromexico to reset monthly lease costs based on utilization o...

Simple Flying | February 20, 2020

Avianca and TAP Air Portugal signed a new codeshare agreement. It will be valid from 27 February onwards and it will enable passengers of the South American carrier to connect to several cities in Portugal and Europe. This new codeshare agreement will allow the travelers of Avianca, departing from Bogota, to connect on the following cities operated by TAP: London, Munich, Madrid, Barcelona, and Porto....

VietJet | June 14, 2020

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....

Simple Flying | February 11, 2020

Air Italy has announced that it will suspend operations from the 25th of February. The Italian carrier will be liquidated following a meeting of shareholders today. Qatar Airways is a key shareholder in the airline, owning 49%. Earlier today many publications were reporting the possibility of liquidation. These were clearly well informed as the airline has officially announced that it will not operate after the 25th of February. Those with bookings beyond this date will be refunded, with flights...