All air transport news – Page 14
-
News
US government approves Delta-Air Baltic codeshare deal
The US Department of Transportation (DOT) has approved a codeshare agreement between Delta Air Lines and Latvian carrier Air Baltic.
-
News
Restructured Air Seychelles back to profit for first time since 2016
Air Seychelles posted a profit of $8.4 million in 2022 after completing a formal restructuring, marking its first year in the black for six years.
-
News
Safran chief reveals previous CFM engine issue with contaminated powder metal
Safran chief Olivier Andries has disclosed that its CFM International engine venture experienced its own issue with powder metal contamination two years ago. Andries mentioned the situation during a half-year briefing on 27 July, days after rival Pratt & Whitney’s parent company revealed a powder metal contamination problem affecting in-service ...
-
News
MC-21 manufacturer Irkut to rebrand under prominent Yakovlev name
Russian airframer Irkut is to be rebranded with the Yakovlev name, with the migration taking place by the end of August. Irkut is the manufacturer of the MC-21 and also produces the Superjet 100 and its successor, the SSJ-New. Yakovlev design bureau is already a part of Irkut but the ...
-
News
US-Bangla steps up to widebodies with A330 leases
Bangladeshi carrier US-Bangla Airlines is to step up to widebody operations by leasing a pair of Airbus A330-300s from Irish-based supplier Avolon. The airline, based in Dhaka, is intending to use the twinjets for medium-haul route expansion to destinations in the Middle East – including Saudi Arabia, Kuwait and Bahrain. ...
-
News
Safran expects progress towards interiors profitability this year
Safran is confident that it will restore profitability to its aircraft interiors division following efforts to transform the business and given the returning market interest in seat products. The aerospace company turned in a first-half operating loss of €100 million ($111 million) for its interiors division – contrasting with its ...
-
News
Safran raises full-year outlook on back of strong civil engine aftermarket
Civil aftermarket activity has helped drive a strong performance in Safran’s propulsion business over the first half of the year. Safran delivered 785 Leap engines over the six months to 30 June, including 419 in the second quarter, compared with the previous half-year figure of 465. The Leap powers the ...
-
News
Boeing CEO downplays threat of Airbus developing larger A220
Boeing’s chief executive is downplaying competitive threats that might arise should Airbus move forward with developing a larger variant of its A220 narrowbody jet.
-
News
Heart selects partner to develop electrical system for hybrid-electric commuter
Swedish start-up Heart Aerospace has selected Crane Aerospace & Electronics to collaborate on producing the electrical power distribution system for its 30-seat hybrid-electric ES-30 regional aircraft.
-
News
Gulfstream on track for year-end G700 certification
Gulfstream is increasingly confident the Federal Aviation Administration will certificate its in-development large-cabin G700 business jet before year-end.
-
News
Tecnam to deliver P-Mentor trainers to four US customers, targets 2023 FAA certification
Italian aircraft manufacturer Tecnam expects the US Federal Aviation Administration will certificate its P-Mentor training aircraft late this year, paving the way for the company to begin deliveries to four newly disclosed customers.
-
News
Airbus drops interim A320neo rate references to focus on 75-per-month target
Airbus has dropped references to an interim monthly production-rate target of 65 aircraft for the A320neo-family programme, to focus instead on its ambitions to reach the higher output of 75 per month. The airframer had been looking to achieve the figure of 65 by the end of 2024, and 75 ...
-
News
Boeing CEO thinks truss-braced airliner concept could ‘see service’
Boeing’s development of NASA’s X-66A truss-brace-wing experiment aircraft will either spawn an entirely new class of commercial jetliners or prove the design unfeasible.
-
News
Airbus explores options to offset weight penalty of A321XLR’s reinforced fuel tank
Airbus is exploring options to ensure modifications to the A321XLR’s fuel tank do not impose a weight penalty that will significantly affect the aircraft’s range. The A321XLR – which is scheduled to enter service in the second quarter of next year – is intended to offer carriers the ability to ...
-
News
No short-term production disruption from latest P&W engine snag: Airbus chief
Airbus is confident that the latest snag to affect Pratt & Whitney PW1000G engines will not disrupt A320neo-family production this year, but the airframer has yet to assess potential effects further out. Pratt & Whitney parent RTX disclosed on 25 July that a “rare condition” in powder metal used for ...
-
News
Electra secures investment from Statkraft Ventures to develop ‘blown-lift’ eSTOL
US regional air mobility start-up Electra Aero is getting a financial boost from a venture capital firm focused on developing low-emission transportation technologies.
-
News
Airbus maintains ramp-up schedules and full-year delivery target
Airbus is maintaining its ramp-up schedule targets as the airframer turns in flat adjusted earnings of €2.26 billion ($2.5 billion) for its commercial aircraft division for the half-year. Revenues for the six months to 30 June increased by 16% to €20.3 billion as the company achieved higher deliveries of 316 ...
-
News
Boeing moves forward with plan to bump up 737 and 787 production rates
Boeing is hiking production of two aircraft types, increasing 737 output to a 38-monthly rate and aiming by year-end to have five 787s moving off its production line every month.
-
News
Aftermarket helps drive strong Rolls-Royce first-half civil aerospace performance
Strong civil aerospace performance over the first half has contributed to Rolls-Royce’s raising its full-year financial guidance. Rolls-Royce is expecting first-half underlying operating profit for the division to reach £400 million ($515 million), contrasting with the previous interim loss of £79 million. It says higher aftermarket profitability – the result ...
-
News
Aviation industry will need more pilots over 20 years than previously expected: Boeing
Boeing expects the global aviation industry will need even more pilots than previously expected, predicting in a new report that demand will exist for 649,000 new pilots during the next 20 years.