All Air Transport articles – Page 295
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NewsAnalysts urge Boeing: launch a mid-market jet
Aerospace analysts are increasingly in agreement that Boeing must build a new narrowbody jet – lest it lose a huge chunk of valuable market share to competitor Airbus.
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NewsLessor NAC stands firm as minister hints at Garuda CRJ1000 axe
Leasing firm Nordic Aviation Capital is acknowledging negotiations with Garuda Indonesia with regards to Bombardier CRJ1000s it supplied to the flag-carrier, as a result of pandemic-related financial pressures on the airline. But it is insisting that it will hold Garuda to its obligations, after an Indonesian minister stated that he ...
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NewsAir travel could fully recover by late 2022: analyst
A leading aerospace analyst is predicting that airline passenger traffic will return to 2019 levels by the end of 2022 – one to two years sooner than predicted by others.
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NewsArcher to go public as United partners with view to 200-strong eVTOL order
Palo Alto-based air taxi developer Archer has secured a $1 billion aircraft commitment from United Airlines and unveiled a plan to become a publicly traded company worth $3.8 billion.
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NewsAir Arabia limits full-year loss with profitable final quarter
Air Arabia has managed to achieve a second profitable quarter for 2020, enabling it to contain its full-year net loss to Dhs192 million ($52 million). It turned in a fourth-quarter surplus of Dhs20 million, despite a 53% reduction in revenues, having also been profitable in the first. While the fourth-quarter ...
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NewsSubtle thrust-lever shift may have caught out Sriwijaya 737 crash crew
Preliminary findings from the Sriwijaya Boeing 737-500 crash probe increasingly support an in-flight upset scenario in which the crew was suddenly caught out by the insidious development of an asymmetric thrust condition. No conclusions have been drawn over the 9 January accident. But the highly-unusual retardation of a single throttle ...
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NewsWhy Boeing needs to work quickly on NMA decision
Boeing needs to begin work on a design for a planned new mid-market aircraft (NMA) if it is to remain competitive against Airbus, says an aviation analyst at the annual Pacific Northwest Aerospace Alliance conference, being held virtually this year.
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NewsBoeing’s backlog slips by 39 jets in January
Boeing’s backlog of commercial aircraft declined by 39 aircraft in January, though the company did receive new orders during the month for four 747-8 Freighters.
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NewsTextron unveils cabin-updated CJ4 variant
Textron Aviation has updated the Cessna CJ4’s cabin to create a new variant of the light-twin business jet called the CJ4 Gen2
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NewsBA eyes UK alcohol-to-fuel plant after sustainability tie-up with LanzaJet
British Airways is the latest carrier to tie up with a sustainable alcohol-to-fuel initiative established last year by carbon recycling and biotechnology firm LanzaTech. Its agreement involves not only the supply of fuel but initial exploration into a possible biorefinery for the airline in the UK. UK long-haul carrier Virgin ...
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NewsIcelandair focuses on cash preservation as pandemic resurgence bites
Icelandair transported just 14,000 passengers during December 2020, but even this figure was more than the October and November totals combined. Fourth-quarter revenues for Icelandair Group amounted to just $60 million to 31 December, down by more than 80%, while pre-tax losses for the period reached $97 million. It attributes ...
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NewsOptimistic Icelandair sees spring return for 737 Max
Icelandair Group is optimistic that it will be able to start ramping-up its network in the second quarter of this year, and intends to return its Boeing 737 Max fleet to service in spring. The company has six 737 Max jets which have been grounded for nearly two years. But ...
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NewsNo evidence Ukraine aware of threat before MH17 shot down: analysis
Independent analysis has found no evidence that Ukrainian authorities were aware of the threat to high-altitude traffic, and specifically civil aviation, before a Malaysia Airlines Boeing 777-200ER was shot down by a surface-to-air missile. This is despite Ukrainian national security officials’ openly floating the possibility that high-powered weapons might have ...
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AnalysisBoeing turns page on troubled 2020 but strategy ill defined
Some analysts view Boeing’s fourth quarter 2020 results as a case of a company clearing the decks – dumping a barrel of bad news at the end of a terrible year so as to focus on rebuilding in 2021.
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NewsLufthansa repays KfW loan early after €1.6bn bond issue
Lufthansa Group is to pay back early its loan from financial firm KfW following the German airline company’s issuing of €1.6 billion in bonds. The group says it has placed the bonds in two tranches, with terms of four and seven years. Lufthansa’s initial tranche of €750 million runs to ...
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NewsSriwijaya 737-500 'slowly' turned left before entering fatal descent
Components of the crashed Sriwijaya Air Boeing 737-500 including the flight-control computer, autothrottle computer, and autothrottle actuator assembly are undergoing examination, a Indonesian parliamentary commission has heard. The commission held a session on 3 February during which various representatives involved in the inquiry provided preliminary information on the flight and ...
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NewsSpanish long-haul start-up World2Fly plans transatlantic services
Newly-established Spanish operator World2Fly is seeking to open transatlantic services to US destinations. The airline – which has ambitions to operate Airbus A350s – has obtained an A330-300 formerly used by Spanish carrier Air Europa. This aircraft (EC-LXR) is powered by Rolls-Royce Trent 700 engines and was originally delivered to ...
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NewsNew Belavia chief prepares for 737 Classic withdrawal
Belarusian flag-carrier Belavia is intending to stop operations with its older-generation Boeing 737s as it looks towards taking the 737 Max. Belavia has appointed a new general director, former marketing director Igor Cherginets, to succeed long-term airline chief Anatoly Gusarov. Cherginets says the airline is planning to modernise with the ...
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NewsSunwing takes two more 737 Max from Air Lease
Lessor Air Lease has resumed deliveries of the Boeing 737 Max, having handed two of the jets to Canadian leisure carrier Sunwing Airlines.
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NewsAirbus separates A321XLR aft-fuselage work to avoid disrupting assembly line
Airbus is establishing a separate production line at its Hamburg Finkenwerder plant which will be dedicated to assembling the aft fuselage of the long-range A321XLR. This fuselage section is heavily modified from the regular A321neo, featuring a newly-designed integrated large rear centre tank and fuel-mangement system which will be specific ...