All news – Page 2357
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NewsIberia the 'star performer' for IAG: Walsh
IAG chief executive Willie Walsh hails Iberia as the group's "star performer" in the third quarter, with the Spanish carrier having reduced labour costs and generated an improved operating profit.
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Opinion
OPINION: Airbus and Boeing are right to have great expectations for China
Austerity-gripped European countries would love China’s problems. As Beijing turns down the inflationary heat, Asia’s biggest economy will grow about 7% this year – much less than the double-digit rates of recent years, but eye-watering by Western standards.
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NewsIAG boosts cash position
IAG added €1.32 billion ($1.66 billion) to its cash balance in the last 12 months ended 30 September, on the back of a solid performance across its three airline divisions.
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NewsIAG lifts third-quarter operating profits to €900m
IAG has turned an operating profit of €900 million ($1.13 billion) for the third quarter, ending 30 September, compared with €690 million in the same period last year.
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News
South Korean F-16 imbroglio could influence other upgrade deals
Price haggling around the upgrade of South Korea’s Lockheed Martin F-16 C/D fleet could have implications for other F-16 upgrade opportunities.
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NewsMarine Corps F-35s might miss July operational deadline
The US Marine Corps still plans on having 10 war-ready Lockheed Martin F-35 Lightning II jets by July 1, 2015, but the loss of 45 flight testing days may mean that long-emphasised date will slip by days or weeks.
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NewsKing Air crash kills at least four at Wichita airport
A Beechcraft King Air 200 crashed onto the top of a FlightSafety International building on 30 October near the Mid-Continent International airport in Wichita, Kansas, killing at least four, injuring several others and leaving some missing, airport officials confirmed.
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News
Learjet 85 certification stays on hold
Bombardier is continuing to keep the fate of the Learjet 85 programme in limbo
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NewsUK picks Aquila team for military ATM contract
A NATS and Thales team has been awarded a £1.5 billion ($2.4 billion) contract to provide the UK Ministry of Defence with an upgraded air traffic management capability over a 22-year period.
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NewsMexican navy orders two more Airbus Military C295 transports
The Mexican navy has ordered two more Airbus Defence and Space C295s to add to its four-strong fleet of the medium transports.
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NewsPeru to acquire five Super Seasprites through Canadian programme
The Peruvian navy is to acquire five Kaman SH-2G Super Seasprite helicopters through the Canadian government, four of which will be upgraded with an integrated mission system and one lined up for overhaul.
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News
Virgin to train MPL students for widebody fleet
Virgin Atlantic has announced its first ab initio pilot-training programme aimed at attracting young cadets into a commercial airline career.
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Analysis
ANALYSIS: US airlines bringing home MRO work
After years of sending nearly all their widebodies overseas for MRO work, US airlines are increasingly having aircraft serviced stateside.
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NewsPICTURE: Fuzhou Airlines launches operations
Fuzhou Airlines launched operations with a commercial flight between Fuzhou and Beijing on 30 October.
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News
Australia extends lease for two IAI Herons
Australia will continue leasing two Israel Aerospace Industries Heron unmanned air vehicles pending the arrival of the Northrop Grumman MQ-4C Triton.
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NewsLufthansa lowers 2015 earnings target
Lufthansa Group has downgraded its 2015 operating profit outlook for the second time this year.
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NewsIsraeli F-35 buy takes fleet to 44
Israel has decided to increase its acquisition of Lockheed Martin F-35 Lightning II fighters by 25 aircraft, which will bring its fleet to 44 of the fifth-generation type.
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NewsAir France-KLM hopeful of reviving European low-cost plan
Ambitions for a pan-European low-cost carrier persist at Air France-KLM, despite the group having abandoned its plan to build up its Transavia subsidiary as a budget airline with bases outside France and the Netherlands.
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NewsAirbus keeps Alabama assembly line on track despite heavy floods
Two historic rainstorms last April flooded Airbus’ partially-built factory rising in Mobile, Alabama, but will not delay the start of production in less than 12 months, says Airbus Americas president Barry Eccleston.
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News
Spirit signs up to $379m financing deal for 10 Airbus aircraft
Spirit Airlines has entered an up to $379 million financing agreement for 10 Airbus A320 and A321 aircraft, its first long-term debt deal for aircraft.