All air transport news – Page 24
-
News
US imposes sanctions against Belarusian carrier and government jet
US authorities have imposed sanctions against the Belarusian flag-carrier Belavia, as well as a specific aircraft used by the country’s government. Belavia operates the aircraft, a Bombardier Challenger 850 – registered EW-301PJ – which is based on the CRJ200 regional jet. It was originally delivered in 2006 to Canadian private ...
-
News
Air Arabia maintains strong momentum through second quarter
Middle Eastern budget carrier Air Arabia has turned in a 78% rise in first-half net profit, reaching Dhs801 million ($218 million), on revenues of more than Dhs2.8 billion. The Sharjah-based airline disclosed the performance after a strong second quarter during which it made a net profit of Dhs459 million – ...
-
News
Mexicana successor to start with 737 fleet after government seals compensation deal with workers
Mexico’s government is poised to create a new carrier based on defunct operator Mexicana’s assets, after securing a compensation agreement with workers to take over the brand. Overseen by the defence ministry, and led by a Mexican air force general, the new carrier will lease 10 Boeing 737-800s, with three ...
-
News
Accounting change brings volatility to Aeroflot’s reinstated financial results
Aeroflot’s reinstatement of financial disclosures earlier this month has given an insight into its performance in the year-and-a-half since the Ukrainian conflict began, although the picture has been complicated by changes to accounting methods and the effect of currency exchange. Application of the new federal accounting standard – which affects ...
-
News
Archer keeps burning cash as it seeks to ‘take lead’ in air taxi race
Electric air taxi developer Archer Aviation lost $181 million during the second quarter of 2023 as the start-up pushes to certificate its Midnight aircraft.
-
News
Boeing invests in Archer, settling lawsuit with Wisk
Air taxi rivals Archer Aviation and Boeing-backed Wisk Aero have settled their long-running lawsuit, with Boeing making an investment in Archer.
-
News
Textron Aviation’s SkyCourier gains certification in Brazil
Textron Aviation has secured certification for its SkyCourier twin turboprop from the National Civil Aviation Authority of Brazil (ANAC), clearing the way for operations in that Latin American country.
-
News
Air India to introduce new livery with first A350 arrivals
Air India has unveiled a new livery scheme, which will be introduced with the arrival of the carrier’s first Airbus A350 towards the end of this year. The airline’s owner, Tata Group, is revamping the flag-carrier’s colours as part of its transformation programme. Air India recently placed an extensive order ...
-
News
737 Max awaits engine inlet design fix to avert risk of severe damage from anti-ice
Boeing is undertaking design modification of the 737 Max engine inlet after discovering that use of engine anti-ice in certain operating conditions can result in failure of the inlet’s inner barrel and substantial cowl damage. Operators must revise the aircraft’s flight manual to instruct pilots not to use engine anti-ice ...
-
News
Israel’s El Al starts services with first reconfigured 777-200ER
Israeli flag-carrier El Al has restored to service the first Boeing 777-200ER to be reconfigured with an interior similar to its 787 fleet. The initial aircraft began operating in August, the airline has disclosed. It has six 777s and plans to reconfigure the cabins of four of them. El Al ...
-
News
El Al claims highest second-quarter profit since privatisation
Israeli flag-carrier El Al has turned in the highest second-quarter pre-tax profit since the company’s privatisation two decades ago. El Al states that it achieved a pre-tax profit of $58.8 million for the three months to 30 June, based on revenues of just under $630 million. The revenue figure rose ...
-
News
Airtanker specialist Conair picks up more Dash 8s to counter increasing wildfire risk
Canadian aerial firefighting specialist Conair Group is purchasing another seven De Havilland Dash 8-400 turboprops for conversion into airborne tankers. It is sourcing the aircraft from Kirk Aviation, via asset manager Aergo Capital. Aergo says it handed over the final Dash 8 to Conair in July. It identifies this last ...
-
News
Spirit AeroSystems seeks to develop new materials for hypersonic flight
Aerostructures manufacturer Spirit AeroSystems will partner with the USA’s Oak Ridge National Laboratory to develop advanced materials capable of withstanding the high temperatures of hypersonic flight for military, space and commercial applications.
-
News
Boeing reveals 737 Max order split
Boeing has for the first time revealed the sales breakdown for its 737 Max family, with the developmental -10 closing in on the 1,000-order mark.
-
News
Norwegian secures four-year deal to transport armed forces personnel
Scandinavian budget carrier Norwegian has secured an agreement with the country’s armed forces for defence sector travel over a four-year period. The airline says the contract will begin in the first quarter of next year. Source: InsectWorld/Shutterstock Norwegian values the agreement at around NKr1 billion ($98 million), ...
-
News
Western Global struggled with closure of Chinese market and belly-capacity rebound
US cargo carrier Western Global Airlines has outlined the setbacks which led to its entry to Chapter 11 bankruptcy protection, including a customer shift away from dedicated freighters, contrary to expectations, and the delayed recovery of Chinese activity. Western Global has also been affected by high fuel prices attributed to ...
-
News
MNG Airlines and Golden Falcon terminate proposed business combination
Turkish logistics operator MNG Airlines has terminated its proposed business combination agreement with the specialised private equity company Golden Falcon Acquisition. MNG and Golden Falcon had disclosed the proposed combination in December last year, as part of the airline’s strategy to become a publicly-listed US company on the New York ...
-
News
Eve reports $31.4m second-quarter loss as it ramps up eVTOL development
The bulk of the company’s quarterly expenses came from $21.8 million spent on research and development, including internal design, engineering and testing infrastructure for its electric air taxi.
-
News
USMC showing interest in Archer eVTOL aircraft
A recent visit by US Marine Corps officials to eVTOL manufacturer Archer comes after the company signed a $142 million deal with the US Air Force for six of its all-electric Midnight aircraft.
-
News
Boeing scores 52 orders in July, as deliveries slide from June high
Boeing took in 52 gross orders in July, including a 39-strong 787 widebody commitment from Saudi Arabian Airlines, alongside deals for 12 737 Max jets and a single 777 Freighter.