US Approve Airbus and Boeing Sales to Iran
October 31, 2016
The United States Department of Treasury has granted approval for major aircraft manufacturers, Airbus and Boeing, to begin the sale of aircraft to Iran. Following Iran’s plans to modernise its aviation industry, over 100 Boeing and Airbus aircraft will be delivered to the nation’s state carrier Iran Air in a sale reportedly worth over USD$25 Billion. Deliveries are expected to commence in early 2017 and continue on through to 2025.
ECair Resumes Domestic Flights
October 31, 2016
Equatorial Congo Airlines (ECair) resumed its regular scheduled domestic flights after returning two of its Boeing 757 aircraft to operational service. In June 2016, one of the airline’s Boeing 737 aircraft was damaged in a maintenance hangar fire which impacted the airline’s operational capability. As a result, the airline was subsequently forced to temporarily suspend its domestic passenger flights due to a lack of serviceable aircraft. The airline’s regular 3x weekly Brazzaville to Point-Noire flight route resumed on the 3rd of October.
Bangladesh Owed USD$ 260 Million
October 31, 2016
The Civil Aviation Authority of Bangladesh (CAAB) has reportedly been facing financial difficulty, after a number of the nation’s airlines have amassed large debts owed to the regulator. The nation’s state carrier, Biman Bangladesh Airlines, reportedly owed the CAAB over USD259 Million at the end of August 2016. Additionally, a number of privately owned domestic airlines have failed to pay the handling, landing and processing fees to the CAAB. The CAAB cited that whilst Biman; a wholly government owned airline, does make payments, they are insufficient to cover the outstanding debt that has been accrued.