State media reported that China would impose a drone ban and a no-fly area over the capital, months after a small plane crashed into Beijing’s tallest building. This rare incident raised questions about security gaps in one of the most tightly controlled airspaces. Beijing Daily, the state-run newspaper, announced on Sunday that China would designate a "no-fly" zone in and around the capital to go into effect on September 20. The report stated that regular airline flights and emergency rescue missions would not be affected. It was not immediately clear what the exact scope, limits of altitude and boundaries were....

AirBaltic has been in "talks" with the labour unions, to come to an agreement about an "adjustment" of the workforce. Erno Hilden, the Chief Executive Officer at AirBaltic told reporters on Monday that the Latvian airline had announced its voluntary Chapter 11 bankruptcy. Hilden stated that "we are currently conducting consultations with labour unions." He added that, with plans to reduce the capacity of the company, "a change in the workforce is a 'natural conclusion. When all of that has been concluded, it will be time to "really" come up with some numbers. AirBaltic filed for protection under 'Chapter 11'...

Abu Dhabi's Etihad Airlines said Monday that its passenger capacity was above the year-earlier levels as Gulf carriers rebounded from disruption caused by Iran war. Its chief executive also predicted strong demand heading into winter travel season. In an interview, CEO Antonoaldo Neves stated that "we are back on track". He noted that the Available Seat 'Kilometres' - industry standard for measuring passenger carrying capacity - were 15 % to 17% higher today than they were a year ago. He said that the flights were "full, full and full". The load factor (which measures how well an air carrier fills...

AirBaltic, a Latvian airline, said it filed for Chapter 11 bankruptcy on Monday in the U.S. to?cut its mounting debts and survive a crisis affecting the entire sector brought about by?the Iran War. AirBaltic was the second airline to be affected by the war, after Spirit Airlines collapsed in May. Here are some facts about the Latvian flag airline and its financial problems. Who owns AIRBALTIC? Lufthansa, a German airline, holds 10% of airBaltic. AirBaltic, a joint-venture between the Latvian government and Scandinavian Airlines SAS, was founded in Riga, Latvia, in August 1995, following the collapse of Latvia's previous flag...

The appeal of "flexible capital" and a quicker route to market in a time when investor interest is surging for the space and defense industry has led to an increase of early-stage companies seeking backdoor listings. These listings are different from traditional initial public offering because they involve mergers between special?purpose acquisitions companies (SPACs) -- shell firms who raise money 'through an IPO, and then merge with a privately held company to make it 'public. SPAC mergers allow companies to negotiate private valuations and secure funding before going public. This gives them more certainty about fundraising and reduces their reliance...

Following a European settlement regarding turboprops, global airlines have asked jet engine manufacturers to make it easier for independent companies to provide reconditioned components to airlines. The International Air Transport Association's call, which represents around 300 airlines, is just the latest in a long-running battle over engine shortages and competition. The European Commission concluded its antitrust investigation last month into Pratt & Whitney Canada's alleged anticompetitive behavior after the company agreed to lift the restrictions on used parts. After meeting certification standards, independent suppliers can now easily access dismantled engines. These can be stripped down for their parts and then...

AirBaltic, a Latvian airline, filed for bankruptcy protection in New York under?Chapter 11?of the U.S. Bankruptcy?Code, the company said on Monday. This was?part of a restructuring?to lower debt, given the stress the airline industry is experiencing due to the?Iran War. AirBaltic announced in a press release that it had received a financing commitment of EUR350 million (405 million dollars) from lenders such as Strategic Value Partners (SVP), Barclays (Hayfin Capital Management), Morgan Stanley, and Oaktree Capital Management. This was to support the company's operations during its restructuring. Jet fuel prices have doubled due to the U.S. War with?Iran, which has...

Two fatal ferry accidents in Southeast Asia in the last week, in Indonesia and the Philippines, have brought maritime safety to the forefront. Ferries are an important part of transport in the region because Indonesia has over 17,000 islands and the Philippines more than 7,600. Below are some details about recent maritime accidents in Southeast Asia involving passenger ferries or tourist boats. INDONESIA September 2026 – Six people have died and 129 are still missing following the capsize of a passenger vessel with 243?people on board in the Java Sea. The Java Sea is the water between Indonesia’s four largest?islands,...

Amazon announced on Sunday that it was suspending operations with Miami's 21 Air, the cargo airline that operated the Amazon branded plane that crashed in Miami and killed?five people. Amazon spokesperson Kelly Nantel stated in a statement to customers that "after the tragic 'incident' last weekend, we have spent time supporting and reviewing the investigation, and we've made the decision to pause operations with 21 Air as the operator of Flight. We'll continue to work with everyone involved in the investigation. Last week, an Amazon Prime Air cargo plane crashed after it overran the runway at Miami International Airport. Prime...

On Sunday, authorities in the Philippines warned that it may take several weeks or months to identify victims of a ferry fire in which 76 people died. As forensic experts collect and compare DNA samples taken from the charred remains, investigators are determining what caused the worst maritime disaster in recent history in the Philippines. Richard Allan Mangalip, a forensic expert with the Philippine National Police said that some remains were clustered in certain areas of the vessel. Others were spread out across the ship. The vessel was carrying over 130 people, and it was nearing its destination at the...

In a statement, the office of Prime Minister Jotham Napat said that at least one person had been confirmed dead and more than 30 others were missing after a boat sank near Vanuatu. The statement on Facebook said that search and rescue operations are continuing in the Pacific Island Nation located approximately 1,750 km (1.090 miles east of Australia) after the MV Matui with its crew and passengers went down. It added that 15 of them were alive. RNZ, the public broadcaster of New Zealand, reported that search efforts had begun since Friday's inter-island?ferry sank between the islands Ambae and...

The traffic at Brussels Airport was disrupted on Friday night for a half-hour after a drone was spotted. Kurt Verwilgen, a spokesperson for the airport, said that the 'drone procedure' was initiated, and includes an interruption of traffic on the runway up to 30 minutes after the last sighting. He refused to "give any details" on the type of drone or how many flights it diverted. He added that the drone vanished after the sightings. After a series of?attacks on civilian airports, military bases, and a nuclear plant, the Belgian authorities purchased defensive kamikazes in November. Belgian officials said at...