All Air Transport articles – Page 248
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NewsMEA full-year financial performance hammered by successive calamities
Lebanese flag-carrier Middle East Airlines has disclosed full-year losses of LL68.1 billion ($45 million) for 2020, a year in which the country faced an economic crisis, the effects of the pandemic, and the fallout from the Beirut port explosion. The loss contrasted with the near-LL130 billion profit for the carrier ...
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NewsNorwegian names former Kongsberg executive as finance chief
Scandinavian budget carrier Norwegian has named Hans-Jorgen Wibstad as its new chief financial officer, succeeding Geir Karlsen. Karlsen retained the top financial post after he took over as the airline’s chief executive in mid-year. Wibstad will step into the role by June 2022. He is a former chief financial officer ...
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NewsEl Al’s nine-month losses top $300m
Israeli flag-carrier El Al has turned in net losses of $136 million for the third quarter, taking total losses over the first nine months to $303 million. El Al generated third-quarter revenues of $253 million, the carrier has disclosed in its latest financial statement. The carrier is still trying to ...
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NewsSwedish and UK investigators dispute US conclusions on fatal PenAir Saab overrun
Swedish and UK authorities have formally objected to the conclusions reached by a US inquiry into the fatal PenAir Saab 2000 overrun at Unalaska two years ago. The aircraft – arriving from Anchorage on 17 October 2019 – overran while landing on the short runway 13 in a significant tailwind ...
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NewsTextron’s Denali makes its first flight
Textron Aviation has performed the maiden sortie of its in-development Beechcraft Denali single-engined turboprop, kicking off the flight-testing phase.
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NewsIcelandair splits commercial division as part of realignment for recovery
Icelandair Group is restructuring its organisation, splitting its commercial operation into two divisions – focused on customers and revenue – and recruiting a former director, who also served with defunct budget carrier Wow, to head the revenue side. The revenue division will comprise the network, revenue management and sales functions ...
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NewsOmni 767 crew underestimated take-off abort speed before brake fire
Irish investigators have determined that an Omni Air International Boeing 767-300ER crew rejected a take-off above the V1 threshold shortly before a brake-fire incident that triggered an evacuation. The pilots rejected the take-off at 149kt – compared with the calculated V1 of 146kt – after hearing a noise traced to ...
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NewsEl Al details loan and share issue to secure $30m in state aid
Israeli flag-carrier El Al has detailed an agreement for funding support from the government and its controlling shareholder, Kanfei Nesharim, which includes a commitment to a share offering by mid-September next year. Under the 22 November agreement Kanfei Nesharim will provide El Al with $63 million through four loans. Three ...
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NewsOil majors need to step up on sustainable aviation fuel: Virgin Atlantic chief
The oil majors need to do more regarding the ramping up of the sustainable aviation fuel (SAF) industry, in the view of Virgin Atlantic chief executive Shai Weiss.
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NewsUK air travel recovery ‘significantly later’ than mainland Europe: KLM chief
KLM chief executive Pieter Elbers says the UK recovery has lagged that in mainland Europe amid “not very helpful” government travel policies.
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NewsCOP26 ‘by far’ the most constructive meeting to date: IAG sustainability chief
The recent COP26 climate change conference saw a positive step-change in the approach to tackling airline sustainability challenges, in the view of IAG’s group head of sustainability Jonathon Counsell.
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NewsSustainable aviation fuel no longer a ‘chicken and egg’ issue: KLM chief
Genuine momentum has built up behind the development of sustainable aviation fuel over the past two years, in the view of KLM chief executive Pieter Elbers, reflecting a growing focus on the issue among key stakeholders.
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NewsEasyJet and Wizz executives ask UK to drop Covid-19 tests for vaccinated travellers
Executives from EasyJet and Wizz Air have called on the UK government to allow fully vaccinated travellers to enter the country without being required to undertake a Covid-19 test.
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NewsUK aiming to become ’world leader’ in sustainable fuels: aviation minister
The UK government wants the country to take a global lead in the development of the sustainable aviation fuels (SAF) that are crucial to the airline industry’s sustainability challenge.
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NewsGovernment policy has left UK airlines lagging wider recovery: IATA chief
Policies implemented by the UK government during the Covid-19 recovery are the “principal reason” that the country’s airlines are lagging those in other countries, in the view of IATA director general Willie Walsh.
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NewsEASA seeks to tighten engine certification criteria for uncontained debris
Safety regulators in Europe are aiming to tighten engine certification requirements to take into account forward and rearward release of uncontained debris in the event of a powerplant failure. Analysis of fan-blade failures indicates that certification of engines could be improved, says the European Union Aviation Safety Agency, particularly by ...
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NewsUK competition regulator opens inquiry into IAG-Air Europa merger
UK competition regulators have opened a two-month initial inquiry into British Airways parent IAG’s proposed acquisition of Spanish carrier Air Europa. The Competition and Markets Authority is inviting comments on whether the acquisition is likely to result in a “substantial lessening” of competition within any of the UK markets. It ...
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NewsIsraeli government to offer additional state-aid package to airlines
Israel’s government is to offer additional financial support to the country’s troubled airlines, approving a proposal for a state aid package worth up to $44 million. The finance and transport ministries say they have jointly put forward the proposal to provide “immediate cash-flow assistance” given the “exceptional damage” inflicted on ...
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NewsBA seeks aircrew and other personnel for new Gatwick carrier
British Airways is recruiting for its new short-haul London Gatwick-based subsidiary, seeking a variety of managerial and operational personnel, including pilots and cabin crew. The company, which recently registered the name BA Euroflyer after opting to set up the subsidiary, is inviting applications for Airbus A320 direct-entry captains. BA is ...
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NewsBoeing confirms door ‘rework’ being completed on in-production 787s
Boeing confirms it is completing rework to structures surrounding aft passenger and cargo doors on some in-production 787s, a move that involves holding up some areas of 787 assembly.