Saturday , February 17 2018

Daily Archives: September 6, 2017

EU gives go signal for German financial assistance for insolvent Air Berlin

Anti-trust regulators of the European Union have given the green light to plans by the German government to provide Air Berlin a temporary bridging loan that is essential to keeping the insolvent carrier operational until it is broken up and purchased to investors. The loan, which amounts to 150 million euros (178.76 million dollars) would facilitate the “orderly wind-down” of Air Berlin “without unduly distorting competition,” the EU Commission said, …

Read More »

Cambodia and Israel sign MoU for direct flights between the two countries

Cambodia and Israel have agreed on a Memorandum of Understanding that would establish direct flights between the two nations, according to the spokesman of the State Secretariat of Civil Aviation (SSCA). “Under the MoU, airline companies would start the feasibility study of the direct flights and also how they could cooperate by code sharing,” said the SSCA’s Sin Chansereyvutha. “While direct flights could take some time to eventuate, code sharing …

Read More »

ASEAN nations meet to discuss formation of Single Aviation Market

Air transport officials of the member countries of the Association of Southeast Asian Nations (ASEAN) have converged in Laos to discuss the ASEAN Single Aviation Market, which is considered as one of the key factors in developing the region’s economic community. The ASEAN officials reiterated their commitment to making their vision and dreams into a reality in the near future, according to the 36th ASEAN Air Transport Working Group (ATWG) …

Read More »

16 Thai airlines suspend operations after failing safety assessments

16 Thai airlines have stopped operations after failing safety and related regulatory assessments done by the Civil Aviation Authority of Thailand (CAAT). The development means the affected airlines will need to get new Air Operator’s Certificates (AOCs), in order to resume flights as authorities strive to enforce more stringent measures in compliance with requirements of the International Civil Aviation Organization (ICAO). The ICAO is set to send delegates to take …

Read More »