All news – Page 22
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AnalysisOnce ‘effectively off the map’, Hong Kong charts a different post-pandemic recovery strategy
In its bid to reclaim its status as a world aviation hub, Hong Kong now pursues a different strategy: becoming the main gateway to China’s Greater Bay Area.
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NewsChina’s ‘Big Three’ on track for profits in Q3 amid ‘positive’ international recovery: HSBC report
China’s three largest carriers could all turn profitable in the second half of the year on the back of improving revenue and passenger travel demand, according to a HSBC Global Research report.
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NewsSIAEC mulls MRO opportunities in China
SIA Engineering (SIAEC) has signed a memorandum of understanding with Chinese airport operator Xiamen Iport Group to explore MRO opportunities in China’s Fujian province.
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NewsQantas CEO Joyce announces early exit amid string of controversies
Qantas chief Alan Joyce will step down from the airline effective immediately – two months earlier than planned – amid mounting public anger over a string of controversies in recent weeks.
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NewsAirbus negotiates setting up global A350 MRO venture with Air France-KLM
Airbus has entered exclusive negotiation with Air France-KLM Group to set up a joint venture for global A350 component maintenance by the first half of next year. The venture – envisioned as a 50:50 partnership – would offer supply-chain management, repair, and the establishment of a pool of components. Airbus ...
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In depthRevenues power airlines above 2019 benchmark despite lagging traffic and capacity
The latest Airline Business Index shows the second quarter of this year was marked by soaring revenue and a jump in passenger numbers, as the industry exceeded the 2019 benchmark index score for the first time since the pandemic.
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NewsIndiGo parent tops up A320neo order and plans aviation finance arm
Indian budget carrier IndiGo’s parent company, InterGlobe Aviation, is to order another 10 Airbus A320neo twinjets. It has also approved the establishment of a new wholly-owned subsidiary, located in Gujarat, which will focus on financing of aviation assets. The company envisions an investment of up to Rs300 million ($3.6 million) ...
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NewsNordwind A321 executed go-around with over 100 system failures after hard landing
Russian investigators have detailed the serious damage inflicted on a Nordwind Airbus A321 by a hard landing at Antalya, after which the crew executed a go-around despite the aircraft’s being crippled. Over 100 failures were recorded by the ACARS communications system after the twinjet – arriving from Moscow on 10 ...
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NewsGerman start-up airline Evia Aero invests in Finnish airport solar farm
German low-emission airline start-up Evia Aero is to join forces with Finnish airport specialist Redstone Aero to develop a 50MW solar farm at the latter’s Helsinki-East aerodrome site.
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NewsGerman states pick five-bladed H145 for police missions
A pair of German states have each ordered two Airbus Helicopters H145 light-twins for their police forces.
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NewsSAS recruits Seabury restructuring specialist as transformation officer
Scandinavian carrier SAS has named strategy and restructuring specialist Ginger Hughes as the company’s new chief transformation officer. SAS filed for US Chapter 11 bankruptcy protection in July last year, in order to undertake its ‘SAS Forward’ restructuring programme. Hughes was previously a senior manager at advisory firm Seabury Group ...
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NewsRussian government outlines additional support measures for civil aircraft manufacturing
Russian prime minister Mikhail Mishustin has outlined additional support measures for the country’s aviation industry, as crucial aircraft programmes edge towards serial production. At a governmental meeting on 31 August, Mishustin highlighted the maiden flight – two days earlier – of the modified Yakovlev SJ-100, a version of the Superjet ...
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NewsTurkish Airlines to order 10 more A350-900s
Turkish Airlines has disclosed its decision to acquire 10 more Airbus A350-900s for delivery from 2025.
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NewsCourt rejects damages claim over Israeli airlines’ security levy
Israeli flag-carrier El Al, and other operators, have fended off a legal claim for damages over a security levy collected by the airlines as part of their fares. Two class-action claims filed with the central district court – one against El Al and a second against several Israeli airlines – ...
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AnalysisAirline Business performance tracker: Asia-Pacific Q2 2023
Key data from the most-recent Asia-Pacific earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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NewsChinese carriers see surge in summer domestic traffic
Chinese domestic traffic during the summer period grew above pre-pandemic levels, even as international recovery remains sluggish.
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NewsMore GE90 turbofans subject to ‘iron-inclusion’ defect
A new Federal Aviation Administration proposed rule reveals that more GE Aerospace turbofans may include compressor components made from contaminated material.
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NewsLockheed lands $18m for service life extension on Taiwan’s legacy F-16s
The latest arms agreement between the USA and Taiwan will see military airframer Lockheed Martin perfrom service life extension upgrades on Taipei’s fleet of legacy Block 20 F-16 fighters.
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NewsNew regional carrier Bermudair completes first flights, to and from Boston
Regional start-up carrier Bermudair launched its first flights from Bermuda to the East Coast of the USA on 1 September after being delayed by supply chain issues and then Hurricane Franklin.
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NewsKLM hits out as Dutch government presses ahead with Schiphol flights cut
Netherlands carrier KLM has hit out at the outgoing Dutch government’s intent to go ahead with cuts in capacity at its Amsterdam Schiphol airport hub to counter noise pollution.