All news – Page 215
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NewsSAA striving to recover R1bn from Zimbabwe as it seeks funds for development
South African Airways is keen to recover some R1 billion ($59 million) in funds from a Zimbabwean legacy debt, but admits it has achieved only minimal success. The carrier’s senior management appeared before a parliamentary public accounts committee on 22 October, laying out the need to source funding after a ...
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NewsInquiry calls for action on powerlines after Norwegian near-catastrophe
Norwegian accident investigators have urged the country’s civil aviation regulator to review its policy on the marking of overhead powerlines after a light helicopter narrowly avoided a crash after flying into an unmarked cable.
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NewsSAA floats possibility of selling Heathrow slots to fund fleet expansion
South African Airways has raised the possibility of selling slots at London Heathrow in order to help address the airline’s financial pressures. SAA is government-owned and has been forced to revise its business strategy after a long-running attempt at privatisation collapsed earlier this year. The carrier’s chair, Derek Hanekom, told ...
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NewsCzech Republic signs contract for two KC-390 airlifters
The Czech air force will receive its first Embraer KC-390 tactical transport/tanker next year, after Prague signed a two-unit order on 25 October.
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NewsLoss-making IndiGo calls peak of GTF groundings
IndiGo believes groundings of its Airbus A320neo-family aircraft for inspections of their Pratt & Whitney geared turbofan (GTF) engines is likely to have peaked in the mid-70s during its fiscal second quarter.
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NewsNorwegian growth plans hit as Boeing delivery delays lengthen
Norwegian has cut its forecast capacity growth for 2025 as it recalibrates its plans to absorb the impact of worsening Boeing delivery delays.
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NewsBulgaria’s first F-16 Block 70 breaks cover in Greenville
Bulgaria’s first Lockheed Martin F-16 Block 70 fighter has made its maiden flight from the company’s production facility in Greenville, South Carolina.
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NewsRex to divest air ambulance business Pel-Air
Australia’s Regional Express (Rex) will sell its Pel-Air ambulance business to logistics company Toll Holdings.
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NewsQantas to upgrade economy class in 10 A330s
Qantas has unveiled a new economy class seat for its Airbus A330-200 aircraft that serve regional destinations in the Asia-Pacific.
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NewsMoody’s thinks Boeing still has negotiating room with union as cash crunch continues
Boeing faces the prospect of losing billions more dollars in the fourth quarter and may need to accelerate efforts to raise cash after machinists on 23 October voted down another of the company’s contract offerings.
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NewsStruggling Spirit Airlines to sell 23 A320-family jets as passenger capacity craters
Spirit Airlines recently entered a binding agreement to sell 23 of its older Airbus A320-family aircraft to GA Telesis for a total purchase price of about $519 million.
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News‘Broad’ inquiry puts US airline competition under government microscope
The US government has launched a “broad public inquiry” into competition within the country’s airline industry that will cover consolidation, anticompetitive practices and labour issues, among other areas of concern.
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NewsIceland’s Play slashing hub-and-spoke activity as it shifts to new model
Icelandic budget carrier Play expects to slash the proportion of hub-and-spoke operations in its activity from 75% to just 30% as it adopts a new business model. Leisure travel will account for 35% – up from the current 25% – while charter and wet-lease services will account for the remaining ...
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NewsF-35s team with uncrewed jet in latest USMC exercises
The US Marine Corps successfully teamed an XQ-58 Valkyrie autonomous jet with four F-35Bs, with the uncrewed Valkyrie providing forward threat targeting data to the flight of stealth fighters.
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NewsSouthwest’s board overhaul continues with six new directors and Gary Kelly’s ‘accelerated’ retirement
In a settlement with minority stakeholder Elliott Investment Management, Southwest Airlines is appointing six new directors to its board and accelerating the retirement of executive chairman Gary Kelly.
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NewsLilium faces insolvency as cash crisis deepens
Lilium’s main German operating subsidiaries are to file for insolvency amid an ongoing cash crisis at the electric air taxi developer.
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NewsLow production rate impacts Saab on T-7A jet trainer programme
Saab expects to be negatively impacted by its role in the Boeing T-7A advanced jet trainer programme for the “next couple of years” before seeing its involvement rewarded, the Swedish company says.
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NewsAmerican salvages third quarter in the face of disruptive events
American Airlines was able to quickly recover from several disruptive events during the third quarter to report marginally higher revenue, expenses and capacity across both its domestic and international networks.
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NewsTUI 737 excursion crew could have kept aircraft on Leeds runway: investigators
Pilots of a Boeing 737-800 involved in a landing excursion in wet conditions at Leeds-Bradford could have kept the jet on the runway, investigators believe, but might have been influenced by unexpected juddering from a nose-wheel bearing failure. The TUI Airways aircraft had been arriving from Corfu, in stormy weather, ...
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NewsThree more stored A380s to be broken up for spares
Three Airbus A380s are to be dismantled and recycled in order to feed demand for spares from remaining operators of the double-deck type. Break-up of the jets is the subject of an agreement between Tarmac Aerosave and the German asset management firm EastMerchant Capital. Tarmac Aerosave says they will bring ...