All news – Page 973
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NewsApollo to offer another 6m Sun Country shares
Apollo Global Management is selling another another six million shares of Sun Country Airlines in a secondary public offering – a move coming two months after a successful initial public offering left the carrier flush with cash and valued at $1.84 billion.
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NewsEviation receives Alice’s first Magnix electric propulsion unit
Eviation Aircraft has received the first electric propulsion unit (EPU) for its in-development all-electric passenger aircraft Alice, and still aims to have Alice airborne by year-end.
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NewsUnited expands domestic and international schedule
United Airlines has added 400 daily domestic and international flights to its schedule in anticipation of a run on air travel during the summer vacation season following the coronavirus pandemic-driven downturn.
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NewsVolocopter launches fixed-wing all-electric eVTOL
German air taxi developer Volocopter has launched a new, larger electric vertical take-off and landing (eVTOL) aircraft called VoloConnect, with a goal of having the new design flying passengers in five years.
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NewsAssembly of first ACJ TwoTwenty underway
Airbus’s latest business jet is due to fly before year-end, ahead of delivery to completion centre in early 2022.
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NewsPremium operator La Compagnie targets June scheduled restart
French all-premium long-haul operator La Compagnie is aiming to resume scheduled transatlantic flights from France to New York in June after what will have been a 15-month break because of the Covid crisis.
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NewsEASA and UK CAA agree post-Brexit rules for aerospace sector
Regulators have reached an agreement covering the steps aerospace manufacturers need to take to allow their products to move between the EU and the UK in the wake of Brexit.
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NewsAirbus Helicopters readies first ACH160, but handover hinges on FAA approval
Airbus Helicopters is gearing up for the first delivery of its new H160 medium-twin, with the initial example in a VIP configuration currently performing test flights from the manufacturer’s Marignane, France base.
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NewsJetBlue outlines CFO succession plan
JetBlue Airways’ head of treasury and investor relations Ursula Hurley will become acting chief financial officer effective 12 June.
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NewsIcelandic start-up Play moves closer to launch
Planned Icelandic start-up Play Airlines appears closer to launching after securing its Air Operator’s Certificate and its first aircraft.
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NewsUSA should be on UK ‘green list’: British Airways chief
The chief executive of British Airways has called for the UK government to add the USA to its list of destinations to which non-essential travel is possible without quarantine.
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NewsTwin ATR cabin fume events traced to corroded bleed air valves
Pratt & Whitney Canada has introduced an enhanced inspection regime for PW127 engines following a pair of cabin fume events when ATR twin-turboprops were brought back into service following storage.
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NewsRyanair doubts Boeing will deliver first 737 Max jets in time for summer
Ryanair is beginning to doubt that its first Boeing 737 Max jets will arrive before this summer’s peak travel months.
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Paid contentIntroducing Destination Next
The aviation industry is undergoing one of the most significant crises in its history – one with unprecedented challenges to bounce back from. In the aftermath of the Covid-19 pandemic, operators will need to think laterally about their route to recovery – and specifically how they adapt ...
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NewsSingapore-Hong Kong travel bubble deferred again
The air travel bubble arrangement between Singapore and Hong Kong — due to commence on 26 May — has been postponed indefinitely for a second time.
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NewsRyanair ‘cautiously’ eyes breakeven this year after €815m loss
Europe’s biggest low-cost carrier Ryanair ‘cautiously believes’ it can be close to breakeven for the financial year ahead after posting a record loss of €815 million ($990 million) for the pandemic hit year to March 2021.
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NewsBangkok Airways has tough Q1 amid tourism travails
Bangkok Airways saw its first quarter operating loss widen to B677 million ($21.5 million) from B284 million a year ago, as the coronavirus pandemic continued its relentless pressure on Thailand tourism.
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NewsThai AirAsia eyes year-end international restart amid worsening financial results
Thai low-cost carrier Thai AirAsia has warned that the third wave of coronavirus infections in April will impact its profitability, as it sank deeper in the red amid plunging revenue.
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NewsJapan’s IHI slips to annual loss amid declining engine activity
Japanese engineering group IHI saw its operating profit decrease 42%, to Y28 billion ($256 million), in its financial year ended 31 March, amid a significant decrease in sales from its civil aero engines business.
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NewsIrkut receives first wing panels for serial MC-21
Russian airframer Irkut has received the first MC-21 wing panels for a serial production aircraft, delivered to the Irkutsk-based facility by road. The 17.5m panel was manufactured at the AeroKompozit plant in Ulyanovsk – a distance of some 3,600km from the MC-21 final assembly line. Irkut will used the panels ...