All Air Transport articles – Page 142
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NewsFuel prices prompt Play to row back on full-year profit prediction
Icelandic budget carrier Play is pessimistic about its chances of generating an operating profit this year, owing to the rise in fuel prices. Play had been forecasting a “narrow but positive” operating margin for the full year 2023, and the operating profit for the third quarter has proven “strong” so ...
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NewsGKN progresses projects as it eyes future hydrogen-powered flights
GKN Aerospace hopes by the end of 2023 to have more clarity on potential government funding for several research and development programmes that will pave the way for flight tests of a hydrogen-powered aircraft.
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NewsJet2 expecting strong full-year performance as leisure bookings remain robust
UK leisure carrier Jet2 is forecasting full-year pre-tax profit of £480-520 million ($600-650 million), before foreign exchange revaluation, as the company states that it is on track to exceed market expectations. Jet2 says the outlook is based on “current visibility” although it acknowledges that the winter booking cycle still has ...
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NewsSouth Korean lessor intends to buy up to 50 Eviation Alice electric aircraft
South Korean leasing company Solyu has signed a letter of intent to purchase 25 of Eviation’s in-development electric commuter aircraft Alice.
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NewsEasyJet wants to be ‘first customer’ for Airbus ZEROe aircraft: Lundgren
EasyJet chief executive Johan Lundgren insists the carrier wants to be first in line for any future hydrogen-powered aircraft that long-time supplier Airbus builds.
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NewsBiman seeks to serve JFK and other US routes if FAA upgrades safety status
Biman Bangladesh Airlines is seeking authorisation to open US services once it secures regulatory confirmation that its aviation oversight is compliant with ICAO standards. The airline has formally notified the US Department of Transportation that it wants to open flights from Dhaka to New York JFK, via Izmir in Turkey. ...
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NewsCoincidentally-identical waypoint names foxed UK air traffic control system
Preliminary investigation into the serious UK air traffic control failure on 28 August has traced the root cause to a processing conflict triggered by a single flightplan featuring two separate waypoints which – although geographically distant – had identical designators. UK air navigation service NATS has not disclosed details of ...
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NewsAeroflot Group reaches financial settlement with AerCap over batch of seized aircraft
Russia’s Aeroflot Group says it has completed a settlement with lessor AerCap concerning a batch of aircraft operated by its carriers, which were retained as part of a Russian government seizure of foreign-built fleets in response to international sanctions over the Ukrainian conflict. Aeroflot Group says AerCap has “ceased” its ...
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NewsBoeing closes 13-strong 737 Max order from Aviation Capital
Aviation Capital Group has ordered 13 more Boeing 737 Max in a deal that brings the aircraft lessor’s total outstanding 737 orders for 47.
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NewsUK aviation alliance plots course for hydrogen-fuelled future
A newly established lobby group promoting hydrogen aviation in the UK will by year-end publish an initial roadmap setting out the steps policymakers must take if the sector is to flourish.
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NewsAvia Solutions’ new Indonesian carrier secures AOC
Avia Solutions Group’s new Asian carrier, BBN Airlines Indonesia, has secured an air operator’s certificate from the country’s transport ministry. The airline obtained the approval on 31 August. It will operate an initial fleet of two Boeing 737-800 freighters. Avia Solutions, which oversees several airlines, disclosed last year that it ...
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NewsSAS introducing batch of leased E195s from Azorra
Scandinavian carrier SAS is leasing a batch of Embraer 195 regional jets from Florida-based lessor Azorra Aviation. SAS is undergoing a restructuring programme – known as ‘SAS Forward’ – while under US Chapter 11 bankruptcy protection. Among the various aspects of this programme is an overhaul of the airline’s fleet ...
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NewsMammoth progresses with first 777-200LR freighter conversion for Cargojet
US modification specialist Mammoth Freighters is progressing with its prototype Boeing 777-200LR conversion for freight carrier Cargojet Airways. The company has shown the aircraft undergoing mid-panel removal, in the left aft side where the main freight door will be installed. This airframe (N705DN), powered by General Electric GE90 engines, was ...
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NewsAirbus negotiates setting up global A350 MRO venture with Air France-KLM
Airbus has entered exclusive negotiation with Air France-KLM Group to set up a joint venture for global A350 component maintenance by the first half of next year. The venture – envisioned as a 50:50 partnership – would offer supply-chain management, repair, and the establishment of a pool of components. Airbus ...
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NewsIndiGo parent tops up A320neo order and plans aviation finance arm
Indian budget carrier IndiGo’s parent company, InterGlobe Aviation, is to order another 10 Airbus A320neo twinjets. It has also approved the establishment of a new wholly-owned subsidiary, located in Gujarat, which will focus on financing of aviation assets. The company envisions an investment of up to Rs300 million ($3.6 million) ...
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NewsNordwind A321 executed go-around with over 100 system failures after hard landing
Russian investigators have detailed the serious damage inflicted on a Nordwind Airbus A321 by a hard landing at Antalya, after which the crew executed a go-around despite the aircraft’s being crippled. Over 100 failures were recorded by the ACARS communications system after the twinjet – arriving from Moscow on 10 ...
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NewsGerman start-up airline Evia Aero invests in Finnish airport solar farm
German low-emission airline start-up Evia Aero is to join forces with Finnish airport specialist Redstone Aero to develop a 50MW solar farm at the latter’s Helsinki-East aerodrome site.
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NewsSAS recruits Seabury restructuring specialist as transformation officer
Scandinavian carrier SAS has named strategy and restructuring specialist Ginger Hughes as the company’s new chief transformation officer. SAS filed for US Chapter 11 bankruptcy protection in July last year, in order to undertake its ‘SAS Forward’ restructuring programme. Hughes was previously a senior manager at advisory firm Seabury Group ...
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NewsRussian government outlines additional support measures for civil aircraft manufacturing
Russian prime minister Mikhail Mishustin has outlined additional support measures for the country’s aviation industry, as crucial aircraft programmes edge towards serial production. At a governmental meeting on 31 August, Mishustin highlighted the maiden flight – two days earlier – of the modified Yakovlev SJ-100, a version of the Superjet ...
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NewsCourt rejects damages claim over Israeli airlines’ security levy
Israeli flag-carrier El Al, and other operators, have fended off a legal claim for damages over a security levy collected by the airlines as part of their fares. Two class-action claims filed with the central district court – one against El Al and a second against several Israeli airlines – ...