China Express Profits By Focusing On Underserved Domestic Routes
China’s regional airline China Express earned 2.3 billion yuan (US$360 million) revenue in the first half of its 2021 financial year, a year-on-year increase of 17%, through its focus on…
Dispute Between Nordic Aviation Capital And Garuda Indonesia Escalates
Aircraft lessor Nordic Aviation Capital (NAC) has responded to Garuda Indonesia’s announcement, that it has grounded and is returning its 12 Bombardier CRJ1000s to NAC before the leases have expired, by…
Garuda Indonesia Returning 12 Bombardier CRJ1000s To Nordic Aviation Capital Before Leases Expire
Indonesia’s minister of state-owned enterprises has announced that national carrier Garuda Indonesia will be returning 12 Bombardier CRJ1000s to the lessor Nordic Aviation Capital (NAC) before the leases expire. The…
China Express Buying 50 ARJ21s, Major Boost To Chinese Aircraft Industry
Chinese carrier China Express Air has agreed in-principle to sign a firm order for 50 Commercial Aircraft Corporation of China (Comac) ARJ21-700ER aircraft, with the first two to be delivered…
Japan’s MHI Completing Acquisition of CRJ Programme
Mitsubishi Heavy Industries (MHI) is completing its acquisition of Bombardier’s Canadair Regional Jet (CRJ) programme on 1 June, with both sides agreeing that all transaction conditions have been met. The…
Regional Aircraft Makers Pause Production
Regional aircraft manufacturers are pausing assembly lines worldwide, citing the need to contain the virus spread on their premises as well as in response to the sudden downturn in the…