Loan spat puts London Southend Airport ownership in doubt
The owner of London Southend Airport (LSA) is locked in a legal row over demands to repay a near £200m loan, four years before its maturity date. US private equity group Carlyle is seeking to force an early repayment of a loan of just under £200m provided to the owner of London Southend Airport, alleging multiple breaches of contract. Aviation group Esken, which owns LSA, and Carlyle Global Infrastructure Fund have been embroiled in a...
Leicester Airport to host 2024 LAA Rally
The Light Aircraft Association’s (LAA) annual Rally is due to return in 2024, taking place at Leicester Airport, a little over 40 years since it was last held at the midlands airport. Commenting on the Rally’s return, which had been limited to a ‘Grass Roots’ fly-in for the last couple of years, LAA CEO Simon Tilling said, “I am very pleased to announce that, following agreement with the airport management team yesterday, the 2024 LAA...
Continental Aerospace under cyberattack
Continental Aerospace is under a cyberattack according to its website. The engine manufacturer recently posted a website banner announcing that it is experiencing an ongoing cyberattack which is impacting operations at its Mobile Alabama headquarters. The important notice posted on the 20 February reads: “Continental US operations were recently impacted by a cyber incident affecting daily operations based in Alabama. Continental is...
Goodwood Flying School to continue Rob Wildeboer pilot scholarships in 2024
Goodwood Flying School launches its 2024 Rob Wildeboer Scholarships to help student pilots on their aviation journey after it received generous community donations. There are currently four Rob Wilderboer scholarships on offer in 2024, including (2) 10 hour training sessions in a Cessna 172, and (2) five hour training sessions in a Piper Cub. Melanie Wright, Flying School Operations Manager said: “Thank you to everyone who has kindly...
Airline pilot salaries: how much do pilots earn?
What does a commercial airline pilot’s salary look like? According to ThePilotGuys it is known that some US pilots earn above $700K annually; figure that could well increase by 40% as a result of the post-pandemic pilot shortage. The US Bureau of Labor Statistics, claim that the median salary for Captains, First-Officers and Second-officers including Flight Engineers is about $203,010 as of 2021. In 2023, it has been possible to...
BNU partners with two Oxford Airport-based flight schools
Buckinghamshire New University’s (BNU) Schoolof Aviation and Security has announced the launch of its ATO Preferred Partner programme with Leading Edge Aviation (LEAL) and Pilot Flight Training (PFT), both based at Oxford Airport. BNU describes its Preferred Partner scheme as a quality mark initiative that gives current and perspective BNU pilot degree students further information about the range of choices they can make for their...
