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Norse Atlantic details take-up from rights issue
3+ hour, 7+ min ago (261+ words) Scandinavian budget carrier had offered new shares as well as conversion of bonds. Long-haul budget carrier Norse Atlantic has disclosed that 78. 8% of the subscription rights for its recent new share issue were validly exercised. The airline had offered just under…...
Air France-KLM signs "1 billion credit facility to fund M&A activity later this year
9+ hour, 21+ min ago (454+ words) The group is bidding for TAP Air Portugal and is looking to increase its stake in SAS. Air France-KLM has secured a "1 billion ($1. 1 billion) multi-purpose credit facility that will be used partly to finance mergers and acquisitions activity "which may…...
Dassault completes Falcon 10 X first flight
13+ hour, 23+ min ago (207+ words) Maiden sortie of new ultra-long-range business jet lasted 2h 30min. Dassault Aviation has completed the maiden sortie of its ultra-long-range Falcon 10 X business jet. Powered by twin Rolls-Royce Pearl 10 X engines, the aircraft took off at 11: 10 local on 19 June from the airframer's…...
Viennese whirl: Austria tweaks specification for incoming Black Hawk fleet
14+ hour, 16+ min ago (334+ words) Changes to UH-60 M buy are revealed in a new US Congressional notification for the acquisition. Austria has been cleared for a second time for the possible acquisition of 12 Sikorsky UH-60 M Black Hawks in what appears to be a…...
Vienesse whirl: Austria tweaks specification for incoming Black Hawk fleet
14+ hour, 16+ min ago (334+ words) Changes to UH-60 M buy are revealed in a new US Congressional notification for the acquisition. Austria has been cleared for a second time for the possible acquisition of 12 Sikorsky UH-60 M Black Hawks in what appears to be a…...
Nature of "mechanical" issue before fatal Laredo Citation 680 A crash yet to be clarified
16+ hour, 31+ min ago (468+ words) Business jet en route to Austin came down near Texas highway after crew declared emergency. US investigators expect to produce an initial report on a fatal Cessna 680 A Citation Latitude crash near Laredo in around two weeks, but have yet…...
Callen-Lenz reveals Nyan one-way effector, with thousands already delivered
16+ hour, 51+ min ago (469+ words) Developer reveals strike drone as already operational in Ukraine. BAE Systems subsidiary Callen-Lenz has released first details of its Nyan one-way effector, following a recent trial activity conducted by the British Army. In late-May, the NATO Battlegroup Estonia posted video…...
Qantas highlights nonstop demand as it shows off cabin designs for A350-1000 ULR
18+ hour, 15+ min ago (531+ words) Interior configuration for "Project Sunrise" is heavily premium but includes 140-seat economy section. Australian carrier Qantas has shown off the seating design for the Airbus A350-1000 ULR which will conduct its nonstop "Project Sunrise" flights between Sydney and London. The four-class…...
Canada launches pilot-licensing review after ex-Air Canada captain indicted
23+ hour, 21+ min ago (410+ words) Authorities charged the former Air Canada captain with fraud and false documentation. Canada's aviation regulator will launch a review of its crew-licensing processes after police two weeks ago indicted a former Air Canada pilot who allegedly flew passenger jets for…...
Ukraine hits Moscow with heavy drone strikes, igniting oil refinery
1+ day, 6+ hour ago (973+ words) The long-range bombardment shows how far Ukraine has come in developing its domestic weapons industry. Ukraine launched a significant attack against the Russian capital on 18 June, targeting energy infrastructure around Moscow with long-range drones. Dozens of one-way attack munitions breached…...