Regional airline Flybe (BE/EEE) has reached a deal with its principal investors Virgin Atlantic, Stobart Group and Cyrus Capital, to inject more money into the struggling airline to avoid its collapse this week. The deal was reached with the help of the UK Government who have agreed, as a matter [read more]
The Government is considering cutting Air Passenger Duty (APD) on domestic flights in a bid to save regional airline Flybe (BE/BEE). It is understood that Flybe currently owes around £100m in unpaid Air Passenger Duty but deferring it would be seen as state-aid under EU regulations meaning the only viable [read more]
When James Bushe was given the opportunity to fulfil his dream of becoming a commercial pilot there seemed like nothing that could stand in his way… except for one thing. James is HIV-positive which means that in addition to the Class 1 Medical every commercial pilot needs, he also needed [read more]
Flybe has asked the government to help it defer a massive Air Passenger Duty (APD) bill in a bid to help it avoid the collapse of the airline. The bill is understood to run into millions of pounds but deferring it would be classed as state-aid and a breach of [read more]
British Airways (BA/BAW) has today retired its first Boeing 777-200 from the fleet as it continues its fleet renewal program. Boeing 777-200 G-ZZZC left London’s Heathrow airport at 10:07 as BA9171 to make its short hop to South Wales where it will be parted out and broken up at St [read more]
Sources close to regional airline Flybe (BE/BEE) have confirmed that the airline is in talks to try and secure additional finance to avoid a total collapse of the carrier just a year after it was bought Connect Airways Ltd. The Department of Transport (DoT) has been briefed on the situation [read more]
In the run-up the UK’s EU referendum Airbus was vocal about its future in a Non-EU Britain and was often headlined by Pro-EU factions as a company that the UK would lose were we to leave the EU but now it seems, Airbus is thinking differently about Post-Brexit Britain and [read more]
Iran has finally admitted to shooting down a Ukranian Boeing 737-800 earlier this week after it was mistaken for a US warplane. Evidence quickly grew showing that flight PS752 had been shot down by a surface to air missile but Iran rebutted the allegations saying it had crashed due to [read more]
Evidence from intelligence and radar sources suggest that Iran shot down the Ukranian Boeing 737 that crashed shortly after take-off from Tehran earlier this week. Suspicion grew when Iranian investigators refused to follow normal convention and hand over the flight data recorders (black boxes) to the aircraft manufacturer Boeing prompting [read more]
Willie Walsh has announced that he is to stand down as Chief Executive Officer (CEO) of British Airways Parent, International Airlines Group (IAG). The former British Airways CEO was key to the formation of IAG which was created when British Airways merged with Spanish carrier Iberia. Mr Walsh has at [read more]
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