Cathay Pacific has announced a new convertible bond issue that will raise HK$6.7 billion ($870 million), giving it an additional financial buffer as the business environment becomes even more challenging.

Boeing has pushed back first deliveries of the 777X by an additional year to the end of 2023 after disclosing the need for a late flight control system-related modification driven by stiffer certification requirements in the wake of the 737 MAX experience.

The European Commission (EC) has reportedly told the Italian government that it cannot simply transfer Alitalia’s assets into the country’s new national carrier Italia Trasporte Aereo (ITA).

European air cargo execs are calling for greater regional harmonization and streamlining measures to support their sector as it transports COVID-19 vaccines worldwide.  

Plans to demonstrate an autonomous aerial firefighting capability with an Erickson S-64 Aircrane heavy-lift helicopter have been delayed because of the coronavirus pandemic.

Hopes for Chinese carriers to return a profit in the first quarter have been dealt a blow after the Civil Aviation Administration of China (CAAC) issued an order for flights tickets to be refunded or rescheduled for free. 

After a choppy start to 2021, Hawaiian Airlines expects to reach 75% to 85% of its 2019 capacity in the summertime, with its North American network driving the majority of that growth. 

Three of the region’s widebody operators are negotiating to cut their debt loads and dispose of some of their aircraft.