All air transport news – Page 422
-
NewsIAG to maintain Level’s Barcelona arm after crisis-driven retreat
IAG is to maintain its Level operation out of Barcelona, having retreated from its expansion of the budget brand in other parts of Europe. The parent company indicates that it is cutting back Level’s long-haul fleet of seven Airbus A330-200s to just two aircraft. Level had four A330s deployed in ...
-
NewsIAG impairs fleet after BA 747 and Iberia A340 retirements
IAG has taken a €729 million ($863 million) charge in conjunction with a broad fleet impairment covering 61 aircraft, including the withdrawal of British Airways’ Boeing 747-400 fleet and Iberia’s Airbus A340-600s. The exceptional charge deepened IAG’s already-dire operating loss for the first half to just over €4 billion, in ...
-
OpinionScale of Covid collapse raises questions about what comes next
Consider this: On a Friday in July 2019, 11 airlines operated 66 flights from Washington DC to New York City-area airports. Fast forward: on Friday 17 July, carriers operated just 15 flights on those routes.
-
NewsAir France-KLM aims to keep medium-term fleet delivery schedule intact
Air France-KLM Group has recorded a €520 million impairment from its early phase-out Airbus A380 operations, and another €72 million from withdrawal of A340s for the second quarter. But it says it intends to keep the schedule of committed fleet deliveries for 2021-25 “as much as possible intact”, and is ...
-
NewsBoom and Rolls-Royce join to study propulsion for supersonic Overture
Rolls-Royce may develop the propulsion system that will power Boom Supersonic’s in-development, conceptual supersonic passenger aircraft Overture.
-
NewsAirbus expects to set aside up to €1.6bn for restructuring
Airbus has warned that it is likely to require a provision of up to €1.6 billion ($1.9 billion) to account for restructuring once firm agreements are reached with its social partners. The airframer disclosed in June that, in response to the air transport crisis and the scaling-back of commercial aircraft ...
-
NewsSafran slashes Leap output to just 800 engines this year
Engine joint venture CFM International will deliver just 800 Leap-series powerplants this year – a further output reduction on previous forecasts, and a figure lower even than 2019’s first-half total.
-
NewsARJ21 conducts flight testing at world’s highest airport
Comac has completed flight-testing of its ARJ21 regional aircraft at Daocheng Yading airport — the world’s highest civilian airport — in Sichuan province. The Chinese airframer says test aircraft 103 performed take off and landing tests at the airport, before returning to Shanghai. Source: Comac Comac completed high-altitude ...
-
NewsMyanmar further extends international flight ban to end-August
Myanmar has further extended a ban on all international flights to the end of August. “In order to continue to [curb] the spread of Covid-19 in Myanmar effectively, the National Central Committee for Prevention, Control, and Treatment of Covid-19 has decided to further extend the effective period of the temporary ...
-
NewsAirbus impairs inventories ‘at risk’ as stored aircraft level rises
Airbus has recorded a near-€300 million charge for impairment of inventories considered at risk, as stored aircraft continue to push up its inventory level. The airframer reveals in its first-half accounts to 30 June that its inventories stood at €37.5 billion – up by nearly €6 billion on the figure ...
-
NewsAirbus trims A350 rates again as crisis becomes ‘visible’ in second quarter
Airbus is trimming A350 production rates, to five aircraft per month from six, in a further adjustment to its output in the face of weak air transport market demand. The airframer has disclosed that some 145 commercial aircraft went undelivered during the first half of this year, as a result ...
-
In depthAnalysts view Charleston as central to 787’s future as Boeing CEO urges patience
Boeing’s chief executive has cautioned against speculation that the company’s 787 production review will culminate in an eventual shift of all 787 work to South Carolina. But analysts view Boeing as heading in that direction.
-
NewsBoeing aims to deliver ‘majority’ of 450 stored 737 Max within one year
Boeing intends to deliver most of its 450-strong 737 Max stockpile within one year of resuming deliveries of the still-grounded jet.
-
NewsAerCap cancels 15 737 Max orders
Aircraft lessor AerCap has cancelled orders for 15 Boeing 737 Max, becoming the latest Boeing customer to nix orders for the still-grounded jet.
-
NewsGE Aviation loses thrust as pandemic takes toll
GE Aviation’s sales tumbled by nearly half in the second quarter of 2020 as the industry downturn sapped commercial aircraft engine demand and erased profits.
-
NewsBoeing pushes to Q4 its expectation for resuming 737 Max deliveries
Boeing has pushed back its expectation of the 737 Max’s certification by one quarter, saying it now expects to resume 737 Max deliveries in the fourth quarter.
-
NewsBoeing slashes output, delays 777X to 2022 and confirms end for 747
Boeing has pushed back its first 777X delivery, slashed production rates, warned of more layoffs and confirmed it will end 747 production in 2022. The company also says it is evaluate whether to consolidate its two 787 production facilities.
-
NewsSIA defers Airbus deliveries amid S$1 billion Q1 operating loss
Singapore Airlines Group has reached an agreement with Airbus regarding aircraft deliveries and payment deferrals, as it reported a massive quarterly operating loss. The group, which comprises mainline carrier SIA, regional arm SilkAir, as well as low-cost unit Scoot — says it has reached an agreement with Airbus on ...
-
NewsS7 temporarily tops Russian passenger carriage table
S7 Airlines has temporarily emerged as Russia’s largest individual operator, the aviation regulator shows, as passenger numbers in the country halved to 27.8 million in the first six months of the year. Federal air transport authority Rosaviatsia states that the number of air passengers travelling in Russia was nearly 52% ...
-
NewsP&W says no retrenchments yet at Singapore joint venture
Pratt & Whitney has refuted retrenchment rumours at its Singapore-based joint venture with Singapore Airlines’ engineering arm, as it reiterated its commitment to its capabilities in the city-state. The engine maker responded to Singapore media reports that around 140 Eagle Services Asia (ESA) staff members were axed, saying that ...