All Air Transport articles – Page 222
-
NewsEl Al’s last 787 delivery put back until early 2023
Israeli flag-carrier El Al is pushing back delivery of its final Boeing 787 at least until March next year, three years beyond its original introduction date. The airline says the 787-8 – one of four of the variant – was supposed to be accepted in March 2020, just as pandemic-related ...
-
NewsJoby establishes a ‘presence’ in UK to explore eVTOL business
US air taxi developer Joby Aviation says it is “establishing a presence” in the UK to explore offering the company’s electric vertical take-off and landing (eVTOL) transportation service in that country.
-
NewsEl Al turns in full-year net loss of over $400m
Israeli flag-carrier El Al has posted a full-year net loss of $413 million, compared with the previous year’s loss of $531 million. El Al’s revenues reached $857 million – higher than the $623 million during the pandemic-hit 2020 but still far below the near-$2.2 billion in the year before the ...
-
NewsRyanair chief expects ‘no dramatic impact’ on bookings if Ukraine conflict is contained
Ryanair is continuing to guide for a big jump in passenger demand over the next 12 months, although the low-cost carrier’s chief executive acknowledges the downside risks created by the Russian invasion of Ukraine.
-
NewsVolotea to take first batch of cadets from new Airbus pilot-training campus
Spanish operator Volotea is to be the first airline customer for a new Airbus flight-training school which has been inaugurated at Angouleme in France. It will be managed by Airbus Flight Academy Europe, a wholly-owned subsidiary of the airframer. Eleven cadet pilots from the school will be recruited by Volotea ...
-
NewsRyanair chief vows carrier will be first to make Ukraine return
The group chief executive of Ryanair insists the low-cost carrier will return to serving Ukraine as soon as the European safety regulator EASA allows, as he voiced strong support for the country’s efforts to repel a Russian invasion.
-
NewsWizz outlines impact of Ukrainian situation on its network
Central European budget carrier Wizz Air expects a 7% reduction on flights within its network during March, as a result of the situation in Ukraine. But the airline says its projected operating loss for the full year – which concludes on 31 March – will be “materially consistent” with previous ...
-
NewsEl Al given more time to conclude loyalty-scheme sale
Israel’s government has granted flag-carrier El Al more time to sell its frequent-flyer programme, one of the conditions of a financing package agreed with the state. El Al has also pledged not to sell its take-off and landing slots at various airports, or use them in other ways to raise ...
-
OpinionThe growing and global risks facing aerospace supply chains
Russia’s conflict with Ukraine, and the West’s quick economic response, should prompt aerospace executives to rethink their supply chain strategies.
-
NewsIATA still expects air travel recovery by 2024 but warns of Russia-Ukraine risks
The Omicron variant of Covid-19 failed to knock the air travel industry off its pandemic recovery path, according to global airline association IATA, with passenger numbers still expected to exceed pre-crisis levels in 2024.
-
AnalysisP&W sees 2035 service entry potential for revolutionary hydrogen powerplant
Pratt & Whitney is hopeful that a revolutionary hydrogen combustion system that uses water vapour recovered from the exhaust stream to increase engine efficiency could be ready for service entry by 2035.
-
NewsTurkish Airlines returns to profit despite lagging passenger revenues
Turkish Airlines generated a full-year net profit of $959 million for 2021, sharply reversing the net loss of $836 million for the previous year and exceeding pre-crisis performance. International passenger revenues were $5.5 billion, down 44% on pre-crisis levels, while domestic revenues, which make a much smaller contribution, were down ...
-
NewsNorwegian leases 18 737s to build capacity for summer seasons
Scandinavian budget carrier Norwegian is to lease 18 Boeing 737s, including several Max variants, from AerCap to build its fleet over the next two summer seasons. The agreement covers eight 737-800s which will be part of a 70-aircraft fleet operated by the carrier for summer this year. It will also ...
-
NewsFinnair faces significant Asian network impact from airspace closures
Finnair is working on cost-saving and traffic contingency plans, as it warns of potential significant financial impact from closure of Russian airspace to its flights. Russian overflights are important to European operators serving routes to the Asia-Pacific region, and Finnair has a strong dependency on Asian routes, having followed a ...
-
NewsIAG keen to add widebody aircraft in 2022 amid transatlantic and Latin America recoveries
British Airways and Iberia owner IAG is planning to add 15 widebody aircraft to its fleet in 2022 following a lull in deliveries last year, as it seeks to meet recovering long-haul travel demand.
-
NewsEU to prohibit sales of aircraft and spares to Russian carriers
Russian airlines will be prohibited from acquiring aircraft, spares and equipment under a sanctions initiative to be imposed by the European Commission. Commission president Ursula von der Leyen outlined the measures on 25 February, following a special meeting of the European Council. She says the Commission will “ban the sale ...
-
NewsBatch of remedial TAP slots at Lisbon formally offered to other airlines
Portuguese carrier TAP is offering a batch of slots at Lisbon airport to other airlines as part of financial restructuring measures agreed with the European Commission. The slots are the subject of a new request for proposals from a Commission monitoring trustee, which is offering up to 18 daily slots ...
-
AnalysisRussia-Ukraine war opens prospect of aerospace titanium shortage
Russia’s invasion of Ukraine has brought fresh uncertainty to Western aerospace companies, many of which rely on Russia to provide a massive portion of titanium used to produce commercial jets.
-
NewsCMA CGM seeks to open transatlantic freighter services to US cities
French logistics firm CMA CGM’s new air cargo operation is seeking authorisation to open transatlantic services to US destinations early this year. The company disclosed a year ago that it was establishing its own air freight division, CMA CGM Air Cargo, and has since recruited Air Belgium to operate Airbus ...
-
NewsKuwait Airways turns to A330-900 in fleet rejig
Kuwait Airways has rejigged its aircraft orders with Airbus, including a notable switch to the A330-900, to match more closely its development plans over the next few years. The carrier will also take a batch of A321neos including long-range versions of the twinjet. Kuwait Airways had eight A330-800s on order ...