All air transport news – Page 372
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NewsPandemic freight demand assists pared-back CargoLogicAir
Freight activity catalysed by the pandemic helped UK-based CargoLogicAir last year to improve on a weak performance in 2019, the company has disclosed. The carrier – linked to Russia’s Volga-Dnepr Group – ran into problems in 2020 and sought a temporary suspension of its operating licence, which was subsequently restored ...
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NewsA350-900s to remain exclusively Trent-powered until at least 2030
Rolls-Royce has secured an exclusive position on the Airbus A350-900 for the remainder of the decade, ruling out any immediate prospect of a rival engine manufacturer entering the market for twinjet. The agreement means the Trent XWB will remain the sole powerplant on the A350 until at least 2030. Rolls-Royce ...
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NewsSingle Icelandair brand to cover Air Iceland Connect operations
Icelandair Group is bringing its regional carrier Air Iceland Connect under the single brand of the parent airline, in a bid to simplify its operations. The integration will take effect from 16 March, says the company, with the international network of Icelandair being combined with domestic links and the regional ...
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NewsProgress on Trent 1000 remedies brings down overall in-service costs
Rolls-Royce is expecting overall in-service cash costs relating to Trent 1000 technical issues to fall to £2.1-2.2 billion ($2.9-3.1 billion), down from £2.4 billion, following improved progress on remedial work. The Trent 1000 is an engine option for the Boeing 787 but has been beset by a number of blade-durability ...
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NewsWideroe and Rolls-Royce pursue all-electric aircraft based on Tecnam design
Norwegian regional carrier Wideroe has linked up with Rolls-Royce and aeronautics firm Tecnam to develop an all-electric passenger aircraft within the next five years. The aircraft would be suited to the commuter air transport market and enter service in 2026. Wideroe has previously expressed interest in electric regional aircraft projects ...
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NewsRolls-Royce takes £1.3bn charge in fall-out from civil aerospace crisis
Rolls-Royce large engine flying hours were down by 57% last year, while deliveries of such engines almost halved to 264. The powerplant manufacturer disclosed the full-year impact of the air transport crisis as it turned in a £2.6 billion ($3.6 billion) underlying operating loss from its civil aerospace division. Production ...
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NewsNordStar-KrasAvia tie-up to support northern Russia network development
Russian carrier NordStar has entered a tie-up with regional operator KrasAvia, a consortium intended to increase air transport access for the area. President Vladimir Putin had supported a proposal to establish a base carrier at Norilsk – a designation which has been granted to NordStar – and create a co-operation ...
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NewsSouthwest nears 737 Max 7 order: report
Boeing is closing in on the sale of 737 Max 7 jets to Southwest Airlines, a deal that, if closed, would prove a massive win by Boeing and reflect Southwest’s continued loyalty to the Chicago airframer, according to a report from Bloomberg.
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NewsAeroflot Group impairs Rossiya goodwill and Aurora disposal
Aeroflot Group has disclosed a Rb6.5 billion ($88 million) write-off of goodwill for its subsidiary airline Rossiya in its full-year financial results. The company has also listed a Rb5.07 billion loss from the disposal of another subsidiary, the eastern Russian carrier Aurora which it sold for the token sum of ...
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NewsPresident Biden to sign bill providing $14bn to airlines
Both houses of the US Congress have now passed a pandemic-relief bill that would make billions of dollars in aid available for the benefit of employees at US airlines.
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Airline BusinessWhich airlines have returned the Boeing 737 Max to service?
Two years since its grounding and nearly four months since the FAA cleared the type for a return to the skies, thirteen carriers are now flying the Boeing 737 Max on revenue services, including Alaska Airlines, which debuted operations with the type at the start of March.
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NewsCourt urges Czech Airlines creditors to file prompt claims
Czech Airlines creditors are being urged to submit claims within two months following the carrier’s filing for insolvency with a Prague court. The municipal court has ruled that an interim creditors’ committee be appointed with Czech Airlines Technics, the Czech bank Ceska Sporitelna, and the aviation general sales agent Air ...
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NewsLeonardo in talks for aerostructures role on CR929 widebody
Leonardo is lining up a role as an aerostructures supplier for the CR929 widebody programme being developed by Russia and China under the CRAIC joint venture.
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NewsTwo Icelandair 767s to be converted to freighters in leaseback deal
Icelandair Group has reached a sale-and-leaseback agreement for a pair of Boeing 767-300ER which will be converted into freighters. The aircraft are being sold to Atlas Air Worldwide Holdings’ associated joint venture Titan Aircraft Investments. Icelandair Group says the 767s will be converted in spring next year and be re-introduced, ...
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NewsPeruvian 737 excursion crew disoriented by lack of centreline lights
Pilots of a Peruvian Boeing 737-300 should have considered a go-around instead of proceeding with a landing in heavy rain and a crosswind at Iquitos where the jet experienced a runway excursion. The aircraft – with 121 passengers and seven crew members – had been cleared for an ILS approach ...
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NewsCovid impact forces Leonardo to tear up aerostructures break-even plan
Cratering civil aerospace demand has forced Leonardo to abandon a target to achieve break-even in its aerostructures operation this year.
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NewsAerCap agrees acquisition of US lessor GECAS
Leasing giant AerCap has agreed to acquire US lessor GECAS, creating a leviathan with over 2,000 aircraft and more than 900 engines as well as 300 helicopters. AerCap says it has entered into a “definitive agreement” – unanimously approved by the companies’ boards – under which General Electric will receive ...
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NewsLeonardo anticipates slight recovery from ATR in 2021
Turboprop joint venture ATR should hand over at least 20 aircraft this year as regional carriers begin a slow recovery from the Covid-19 crisis.
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NewsCut in UK domestic air passenger duty floated for transport consultation
Consultation is set to take place on cutting the UK’s air passenger duty scheme as part of a broad government rethink on the country’s transport network. Air passenger duty is a distance-based scheme which is pitched as a mechanism for addressing environmental concerns, but has long been controversial with airlines. ...
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In depthA timeline of how Boeing 737 Max went from grounding to service return
A timeline of the twists and turns since the type’s grounding two year ago as Boeing, regulators and operators worked to return the Max to service