ARC NEWS
Japan Airlines says system restored after cyber attack
December 27, 2024
Japan Airlines (JAL) says its system has been restored following a cyber attack that delayed flights and suspended ticket sales for domestic and international travel. "We have identified the cause and scope of the malfunction, and the system has been restored. The issue was due to a large data attack and did not result in any customer data leaks or virus infections," states the carrier in an X update on 26 December. The carrier says a "failure occurred in the network equipment connecting the company inside and outside the company" at 07:24 local time, resulting in a system malfunction. By 14:30 the same day, the carrier had identified the cause of the attack and restored sales for domestic and international flights departing on 26 December. As of 20:00 on 26 December, 60 domestic flights were delayed for more than 30 minutes due to the disruption, while 11 international flights were delayed. Four domestic flights were cancelled on the same day, while another was cancelled on 27 December. The disruption follows American Airlines' hour-long ground stop notice for its flights on Christmas Eve due to a technology issue that affected systems needed to release flights.


Horizon secures $8.4 million from strategic investor
December 24, 2024
Horizon has received an investment from a strategic investor and aerospace supporter for aggregate proceeds of $8.4 million. The eVTOL developer says this strategic financing will strengthen its balance sheet, provide stability in the operations, governance, and regulatory priorities, and fund further development and flight testing of its hybrid eVTOL, the Cavorite X7. The undisclosed investor will receive about $2.1 million in Horizon class A ordinary shares. Additionally, the investor will exchange $6.3 million for 4,500 preferred shares, each of which will be convertible to common shares at a price of C$0.63 per share for a period of five years. "We are deeply appreciative for this second investment from our strategic partner," states Horizon Aircraft chief Brandon Robinson. "The principle's continued support through this second tranche of funding provides our business with a solid working capital position in support of our initiatives."


​HAECO announces 290,000sq ft facility in Dallas
December 24, 2024
HAECO is establishing a new 290,000sq ft engine repair and maintenance facility in Dallas, scheduled to open in January 2025. The Hong Kong-based MRO group says the project, developed in partnership with the City of Dallas, will create over 100 new jobs and expand the company's aircraft engine repair capabilities. The facility will focus on next-generation aircraft engine industrialisation and repair, incorporating advanced manufacturing technologies. HAECO, which operates facilities in Hong Kong, London, Amsterdam, and Dallas, plans to implement workforce development programs as part of its local community investment. The expansion aims to address growing demand for aircraft engine services while maintaining EASA and FAA compliance.


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