All air transport news – Page 401
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NewsEl Al chief Usishkin to step down in January
Israeli flag-carrier El Al’s chief executive, Gonen Usishkin, is to step down from his position in January next year, three months after a board shake-up by the airline’s new controlling shareholder. Usishkin was named as the airline’s head in early 2018. He oversaw the transformation of El Al’s fleet, as ...
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NewsIAG looks to seal restructuring agreement with BA cargo operation
IAG is turning to attention to securing personnel agreements with British Airways’ freight-handling operation, in order to round off its cost-saving and restructuring measures. Chief executive Luis Gallego, speaking during a third-quarter briefing, said that the company had achieved substantial savings at the UK flag-carrier but “still has to close ...
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NewsSafran targets 2024 for Leap delivery rebound
Safran is hopeful that deliveries of CFM International Leap engines can return to 2019 levels by 2024, although it stresses that this hinges on the ramp-up of the Boeing 737 Max.
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NewsBritish Airways parent IAG takes €275m charge for staff cuts
IAG has recorded exceptional charges of €275 million ($321 million) in the third quarter relating to staff restructuring at British Airways and Aer Lingus. The parent company says the restructuring corresponds to a reduction of 10,000 in employee numbers, of whom over 9,000 had left by the end of September. ...
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NewsLeap deliveries more than halved so far this year
Deliveries of CFM International Leap engines more than halved across the first nine months of the year, falling to 622 against 1,316 in the same period a year earlier. French aerospace giant Safran, which is a 50:50 partner in the CFM joint venture with GE Aviation, says 172 Leap engines ...
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NewsMitsubishi imposes ‘temporary pause’ on SpaceJet; certification work continues
Mitsubishi Heavy Industries (MHI) will further trim the budget of its troubled SpaceJet programme and “temporarily pause” most related activities, as it mulls a “possible programme restart”. Releasing its medium-term business plan for its 2021-23 fiscal years, MHI adds that it will, however, still carry on with type certification documentation ...
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NewsAirbus delivers 500th China-built A320 to China Southern
Airbus has delivered the 500th Airbus A320 family aircraft built in its Tianjin plant in China, more than a decade after the Chinese final assembly line began operations. The aircraft, an A320neo registered B-30FX, went to China Southern Airlines. It is equipped with CFM International Leap-1A engines and is configured ...
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NewsTextron Aviation posts Q3 loss but aims to turn profitable in Q4
Textron Aviation lost $29 million in the third-quarter, but executives predict the aircraft manufacturer will regain profitability in the final quarter of 2020.
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NewsEmbraer tweets picture of conceptual turboprop, hints at potential design
Embraer has released an image of what appears to be a conceptual turboprop aircraft with a fuselage seemingly borrowed from the company’s E-Jet.
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NewsRossiya sets up pilot corps to prepare for Superjet 100 operations
Russian carrier Rossiya has established a new flight unit which will second pilots from parent Aeroflot Group to operate Sukhoi Superjet 100s on its network. Rossiya uses a mix of Boeing 747s and 777s for its long-haul services, as well as Boeing 737s and Airbus A320-family jets for short-haul operations. ...
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NewsMTU confident on Airbus rate-rise readiness
German propulsion specialist MTU believes it can cope with any Airbus narrowbody production rate increase next year without the need for additional investment.
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NewsGovernment defends public funding of SAA rescue plan
South Africa’s government has defended its R10.5 billion ($640 million) funding of South African Airways’ rescue plan, insisting that the financing will help finalise the restructuring and assist the selection of a strategic equity partner. It is dismissing criticism of the plan from the Democratic Alliance, its political opposition, claiming ...
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NewsAirbus delivers first A330-800s with handover to Kuwait Airways
Airbus has delivered its first A330-800s, both aircraft being handed over to Middle Eastern operator Kuwait Airways. The -800 is the smaller of the two A330neo family members. Kuwait Airways had ordered eight of the twinjets, powered by Rolls-Royce Trent 7000 engines, in late 2018 as part of a deal ...
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NewsAirbus acknowledges ‘white-tails’ among inventory of stored aircraft
Airbus has acknowledged that its inventory of undelivered aircraft includes a number of ‘white-tails’, but stresses that the proportion is relatively small. The airframer put the undelivered total at 135 by the end of September, down from 145 at the end of June, although it has not specified the extent ...
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NewsAirbus shifts timeline for potential A320neo ramp-up to third quarter 2021
Airbus has shifted the timeframe for a potential ramp-up of single-aisle production to the beginning of the third quarter of 2021. Speaking during a third-quarter briefing, Airbus chief executive Guillaume Faury said the airframer had “pushed to the right” the possible starting point to raise production – from the second ...
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NewsAirbus cuts undelivered aircraft to 135 as production converges
Airbus has reduced to about 135 the number of aircraft it has been unable to deliver as a result of the air transport crisis. The airframer insists it has managed, over the third quarter, to achieve convergence between production and deliveries. Airbus recorded €1.2 billion ($1.4 billion) in charges over ...
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NewsBoeing CEO downplays 737 production-site shift, office space cuts coming
Boeing’s chief executive has downplayed the likelihood that the company might move 737 manufacturing from Renton to Everett as part of a broader corporate-wide restructuring.
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NewsSouth Africans urged to boycott SAA over government bailout
South African citizens are being urged to boycott flag-carrier South African Airways by an anti-maladministration organisation which focuses on the country’s state-owned enterprises. The Organisation Undoing Tax Abuse has sharply criticised the South African finance ministry’s bailout of SAA in its mid-term budget, after months of uncertainty over the sourcing ...
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NewsKalitta to be launch operator of 777-300ERSF converted freighter
Kalitta Air will be the first airline to operate the Boeing 777-300ERSF, a converted freighter being developed by lessor GECAS and Israel Aerospace Industries (IAI).
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NewsBoeing assessing technologies for next commercial jet: CEO
Boeing continues working toward development of a new commercial aircraft, though chief executive David Calhoun has disclosed few details.