All news – Page 23
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NewsCathay reports record annual profit as full recovery pushed back to 2025
Cathay Pacific Group swung to a full-year net profit in 2023 – for the first time in four years – as it pushes back its full recovery forecast and flags a normalisation of yields and “ongoing” manpower and supply chain headwinds.
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NewsJet Airways revival back on track after top tribunal green-lights ownership transfer
Jet Airways has cleared a significant hurdle in its long-running revival plan, after an appellate tribunal approved the transfer of ownership to the Jalan-Kalrock Consortium, which must be completed within 90 days.
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NewsFrontier to create new cabin class by blocking middle seat in first two rows
US ultra-discounter Frontier Airlines is again taking cues from European carriers by guaranteeing open middle seats in the two front rows of all its aircraft.
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NewsBoeing steps up quality inspections as part of initial response to two concerning safety audits
The chief executive of Boeing Commercial Airplanes has laid out initial steps the company is taking to address quality and safety concerns raised by two recent investigations into its 737 Max assembly site in Renton.
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NewsGE Aerospace targets production and quality improvements with $650m investment
GE Aerospace plans to spend $650 million this year on efforts to boost quality and production at its sites and those of suppliers, more than twice the $335 million it spent on similar projects last year.
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NewsLeonardo chief eyes synergies from ‘wide-ranging’ tiltrotor pact with Bell
Leonardo’s chief executive has hinted at a potentially deeper relationship with Bell on military tiltrotor applications following a recent pact between the pair.
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NewsBoeing MH-139 nuclear security helicopter begins operational service
An operational US Air Force unit has for the first time received one of the new Grey Wolf helicopters which will replace the Bell UH-1N in supporting physical security at the service’s nuclear-armed intercontinental ballistic missile silos.
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News‘Boeing needs to become a better company’: Southwest CEO
Boeing’s 737 Max delivery delays have drawn sharp criticism from Southwest Airlines’ chief executive Bob Jordan, who described on 12 March the carrier’s highly constrained 2024 growth plan.
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NewsCanada retires Hawk jet trainers without replacements identified
The Royal Canadian Air Force says its fighter training squadron has entered a “period of hiatus” after the service retired its fleet of BAE Systems CT-155 Hawk trainer jets.
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NewsLufthansa Technik plans investments of €1.2bn in the next four years
Lufthansa Group’s engineering unit Lufthansa Technik plans to invest €1.2 billion ($1.31 billion) in the next four years to support its “Ambition 2030” strategic growth plan.
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NewsBoeing’s 737 deliveries slowed in February as investigators scrutinised operation
Boeing’s pace of 737 Max deliveries slowed again in February amid intense scrutiny over product quality, though the company succeeded last month in accelerating narrowbody deliveries to customers in China, a country that had been essentially closed to new 737s until recently.
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NewsUnited considering A321neo order as 737 Max 10 certification stalls
United Airlines chief executive Scott Kirby acknowledges that the US carrier is considering a potential order of Airbus A321neos to replace the Boeing 737 Max 10 aircraft it no longer expects to be delivered.
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NewsChina Airlines sells batch of five 747-400Fs to two cargo operators
Taiwanese carrier China Airlines has disclosed an agreement to sell five Boeing 747 freighters to two operators.
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NewsIrish joint venture carrier Fly4 commences initial leisure services
Irish joint-venture carrier Fly4 Airlines has conducted its initial service, operating a flight from Liege to the Canary Islands on 10 March.
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NewsSpiceJet sees senior management exodus amid ‘strategic’ restructuring
SpiceJet has confirmed the exit of its chief commercial officer, amid a “strategic restructuring” that also sees other members of the operating and commercial teams leaving the beleaguered airline.
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NewsA300-600ST transports Airbus communications satellite ahead of Falcon launch
Airbus has shipped a geostationary communications satellite to Florida on board one of its A300-600ST Belugas, the type being offered for outsize freight transport after previously being used for internal logistics. The Eutelsat 36D spacecraft was carried on board F-GSTF which departed Toulouse on 9 March. It flew the payload ...
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NewsTrent reliability issues add to Air NZ’s operational woes as it cuts Chicago service
Air New Zealand has flagged “ongoing challenges” with the reliability and availability of Rolls-Royce Trent 1000 engines powering its Boeing 787 fleet, adding to existing engine issues it is already facing on its narrowbody fleet.
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NewsTax bump on private jet fuel included in USA’s proposed budget for 2025
US president Joe Biden’s proposed budget for 2025 includes increased taxes on fuel for private jets, which the administration has identified as a potential source of funding the National Airspace System (NAS).
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NewsGE Aerospace predicts booming profits as Leap deliveries and service work accelerate
GE Aerospace has big plans for the coming years, predicting that demand for engine aftermarket services combined with accelerating new-engine deliveries will push its adjusted operating profit to $10 billion by 2028, up from $5.6 billion in 2023.
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NewsFive killed as Gulfstream G100 crashes in rural Virginia
A twin-engine Gulstream G100 was on short approach to Ingalls Field airport outside of Hot Springs, Virginia when it struck trees and crashed into a hillside.