All news – Page 1178
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NewsCreditors approve South African Airways rescue plan
Creditors have today approved a business rescue plan (BRP) for South African Airways.
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NewsVirgin Atlantic eyes profit from 2022 after sealing vital £1.2bn refinancing
Virgin Atlantic has finalised a £1.2 billion refinancing package over the next 18 months.
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NewsNorthrop Grumman to demonstrate 30h endurance for Firebird UAV
Northrop Grumman put its optionally-piloted Firebird aircraft through 45h of total flight testing in April and is preparing for a 30h continuous, unmanned flight test by the end of this summer.
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In depth737 Max certification remains urgent for Boeing even as new-jet demand sags
Among Boeing’s various challenges, getting the 737 Max certificated still takes top prize – even though the coronavirus downturn has eroded demand for new jets
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NewsDelta posts huge second-quarter loss as pandemic takes toll
Delta Air Lines posted an adjusted pre-tax loss of $3.9 billion for the second quarter, even before fleet restructuring costs and investment write-downs widened its overall coronavirus crisis losses incurred for the period.
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In depthWhat aerospace technologies will survive looming US defence cuts?
Expect a shrinking Pentagon budget in the mid-2020s. Though the USA might have tamed coronavirus and started to see its economy grow again by the middle of the decade, Washington will have to face up to the hard fiscal and economic realities of years of lost revenue
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AnalysisEuropean militaries prepare for budget battle
Quite how a looming period of recession initiated by the coronavirus crisis will impact European defence budgets remains to be seen, but it is highly likely that a recent upward spending trend will be slowed – if not halted altogether
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In depthGlobal defence budgets special
With recession looming large, defence budgets around the globe will not be immune from cutbacks, as economic realities force a rethink of programmes and capabilties.
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InterviewSpencer Hoggarth on shaping technical training at Flying Colours
With a background in engineering, Spencer Hoggarth now oversees training at MRO firm Flying Colours. Having just opened its largest hangar so far, the business sees developing new recruits as vital to growth
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NewsAirline Business podcast: Challenges as airlines return to skies
As airlines begin to ramp up operations, Graham and Lewis discuss the demand situation and the possible pitfalls ahead.
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NewsVirgin Australia bondholders drop challenge to Bain Capital sale
A group of Virgin Australia bondholders, represented by two fund managers, have withdrawn their application to the Australian Takeovers Panel to challenge the airline’s sale to Bain Capital.
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NewsStability tests conducted on proposed An-124 successor
Researchers have analysed low-speed behaviour of a proposed successor to the Antonov An-124 heavy freighter, and are set to assess its aerodynamics in cruise. The proposed aircraft, dubbed ‘Slon’, would be powered by Aviadvigatel PD-35 engines, and have a payload capability of 180t and a range of 3,800nm. Using a ...
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Paid contentRe-imagining Air Travel for a Post-pandemic World
Creating a contactless journey is key to restoring passenger confidence and accelerating recovery; existing technologies can make it happen – and improve air travel for years to come.
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NewsWizz Air’s Abu Dhabi division sets out initial route network
Wizz Air’s new Middle Eastern operation is to focus initially on the eastern Mediterranean and Caucasus when it commences services in October. The new venture, Wizz Air Abu Dhabi, will station two Airbus A321neo in the United Arab Emirates capital. But this fleet will be expanded to six aircraft in ...
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NewsGovernment tries to divide SAA pilots as creditor vote looms
South Africa’s government is appealing to individual South African Airways pilots to break from their union’s position and accept voluntary severance packages, as the beleaguered airline faces a critical creditor vote on its proposed rescue. Cockpit union SAAPA has put forward alternative proposals intended to reduce retrenchments and increase the ...
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NewsUSA clears $250 million in support for South Korean RC-800s
The US government has approved a $250 million support package for South Korea’s fleet of Hawker RC-800 Peace Krypton tactical signals intelligence jets.
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AnalysisCoronavirus to crimp Asia-Pacific airpower spending
The coronavirus pandemic is hitting Asia-Pacific economies at a time when the deterrent capabilities of air power are more essential than ever
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NewsJapan to suffer heaviest revenue hit among APAC countries: IATA
Japan, Australia, India and South Korea are the Asia-Pacific countries that will see the worst revenue impact from the Covid-19 pandemic, running into tens of billions of dollars, IATA has predicated. In providing a country-by-country breakdown, IATA reiterates its 9 June forecast that Asia-Pacific, as the first region to feel ...
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NewsUSAF orders eight Boeing F-15EX as part of deal worth up to $23bn
The US Air Force has ordered eight Boeing F-15EX fighters as part of a larger deal the manufacturer says could be worth nearly $23 billion.
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NewsToray Industries to supply carbonfibre material for Lilium Jet
Electric vertical take-off and landing (eVTOL) start-up Lilium has signed an agreement with composite specialist Toray Industries to provide raw carbonfibre material for the Lilium Jet, as the German firm further secures its supply chain.