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December 1, 2023

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December 1, 2023

Finnair no longer has any outstanding government loans

Amely Mizzi 1 December 2023 06:08

The airline Finnair has announced that the state-guaranteed loan granted in March 2021 due to the corona pandemic has now been fully paid off. The carrier was provided with a maximum volume of EUR 400 million, which Finnair has fully used. After repaying the capital loan and the previously repaid hybrid bond, the company no longer has any loans that count as equity. In Finnair's EUR 2023 million rights issue carried out in November 570, the Finnish state subscribed to its share of the new shares based on the subscription rights allocated to it. The Finnish state paid the subscription price of the shares by offsetting it against a corresponding amount of the capital loan. This amounted to EUR 318,6 million. The difference was transferred back to the state, according to Finnair.

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Comac celebrates ten million ARJ21 passengers

Amely Mizzi 1 December 2023 05:37

The Chinese aircraft manufacturer Comac announced that the ARJ21 model has now exceeded the ten million passenger mark. The anniversary passenger was on board China Southern Flight CZ3892. Along with the Comac C919, the ARJ21 is one of the two ambitious civil aircraft projects of the People's Republic of China. Its similarity to the MD80 series from McDonnell Douglas is no coincidence, because the MD-90 was originally intended to be manufactured under license. However, this did not happen after Boeing took over MD. The Chinese manufacturer used some components on the basis of the license agreement and developed the ARJ21 on its basis. In a way, this can therefore be seen as a further development of the MD-80 series. However, there are enormous differences and at this point it should also be made clear that it is not a "copy", but rather acquired components are properly licensed. Since June 2016, a total of 177 ARJ21s have been delivered to customers. With a few exceptions, all operators are based in the People's Republic of China. According to Comac, the model is in use on more than 400 routes to 140 cities on around 1.800 flights per week. More than ten million passengers have now been on board an ARJ21. The anniversary passenger was travelling on the Guangzhou-Jieyang route with China Southern Airlines on November 24, 2023.

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Sarajevo: Subsidies go to Wizz Air, Sunexpress and Ryanair

Amely Mizzi 1 December 2023 05:08

In Sarajevo, subsidies for the launch of new flight routes were recently put out to tender. A total of five carriers applied, with the contract being awarded to Wizz Air, Ryanair and SunExpress. While Wizz Air is already active at Sarajevo Airport, the other two providers are not. According to the announcement, Tui Airways and Lot did not meet the conditions of the tender. Norwegian also applied, but submitted the documents too late, so that this airline was excluded from the tender process. It is still unclear which route will be awarded to which carrier. Since destinations such as Singapore and Hong Kong are also on the government's wish list, it is very unlikely that the subsidies will be used to find operators for all routes.

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End of an era: Carpatair has phased out the last Fokker 100

Amely Mizzi 1 December 2023 04:37

The Romanian airline Carpatair has recently taken its last two Fokker 100 regional jets out of service. This marks the end of an era in Europe, as they were the last of their kind in Europe to be in commercial service. The Fokker 100 will not disappear completely from European skies, as the French Ministry of Transport and the Slovakian government, for example, still have a total of three aircraft. However, these are not used for regular passenger flights. Carpatair was the last operator to use this model for ACMI and charter flights, for example. The YR-FKB is the last unit to be taken out of service by the Romanian carrier. This regional jet was delivered to American Airlines in 1991. After a brief stint in Canada, this Fokker 100 went to Carpatair in August 2005, where the aircraft was in service until the end. Now the YR-FKB, which played a key role in the company history of the Romanian carrier, has been bid farewell. The Fokker 100, which was once the backbone of many regional fleets and was operated in large numbers by Austrian Airlines and KLM Cityhopper, is now increasingly rare. In Australia, some regional airlines operate this model, but all of them have already agreed to a replacement. The Fokker 100 is also still in use in Africa and Iran. This model also played a major role in Germany and Switzerland. The airline Helvetic Airways operated a pure Fokker 100 fleet for many years. The former Contact Air, among others, has ordered several models from

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Virgin Australia increases B737 Max 8 order

Jan Gruber 1 December 2023 04:07

The airline Virgin Australia has ordered six more Boeing 737 Max 8s. Taking into account the 25 Max 10s ordered, the total volume to be taken over increases to 39 aircraft. According to the current state of affairs, Virgin Atlantic will operate 14 B737 Max 8s and 25 B737 Max 10s in the future. The third Max 8 was only taken over on November 24, 2023. The carrier expects to take over eleven aircraft next year.

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