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Kuwait Airways to borrow to pay salaries

Kuwait’s loss-making national carrier Kuwait Airways Corp said on Sunday it will borrow from local banks to pay salaries.Kuwait is privatising the company and has appointed Citigroup Inc., Ernst & Young and aviation services firm Seabury to handle the process.“We got the approval of the cabinet to borrow from local...
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Business aircraft deliveries fall but billings start to rise

Deliveries of business jets, turboprops and piston aircraft continued their downward trend during the last quarter, yet industry billings rose by a modest 0.2% for the first six months of the year, according to the latest statistics from the General Aviation Manufacturers Association. Between January...
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Emirates Now Largest Airbus A380 Operator

Airbus is close to setting a new record for A380s delivered in one year, and Emirates Airlines, its largest customer for the aircraft, has now also become the largest operator.After struggling to meet its output targets in prior years because of production bottlenecks, the airframer handed over 12 A380s this...
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$3.2 billion worth of upcoming airport projects is to be invested in Africa

An estimated $3.2 billion worth of upcoming airport projects is to be invested in Africa, particularly in countries such as Tunisia, Egypt, Libya, Morocco and South Africa, reports the organisers of Avex International Air Show.Additionally they report that more than $86 billion is scheduled to be invested in air expansions...
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LAN and TAM to merge

LAN and TAM have unveiled plans to merge and create a new single parent company.Chile-based LAN and Brazil-based TAM announced this evening they have forged "a non-binding memorandum of understanding that outlines their intentions to combine their holdings". The deal is subject to both companies completing a binding definitive merger...
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D-Jet certification not likely until 2012

Diamond Aircraft is completing final modifications to its D-Jet as it finally prepares to start the certification phase of the long-delayed programme.The D-Jet was initially due to enter service in 2006, but has encountered numerous delays as a result of funding challenges as well as changes in the powerplant and...
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Eurocopter and Kawasaki extend EC145 partnership

Kawasaki Heavy Industries and Eurocopter  have extended their 33-year co-operation agreement on the EC145 - designated the BK117 C-2 in Japan - by a further 15 years.The deal cements the partnership between the Japanese and German manufacturers until 2025. KHI and Eurocopter began in 1977 to mutually develop the light...
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