All news – Page 22
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News
South African government to explore alternative financial avenues for developing SAA
South Africa’s government is confident that flag-carrier South African Airways will be able to continue expanding despite the collapse of a long-running effort to sell a majority share to private investors. Investor consortium Takatso had been set to take a 51% share of the airline, but the two sides have ...
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Poland gets US approval for $3.7bn air-launched weapons package
Poland has secured US Department of State approval for a trio of air-launched weapon acquisitions with a potential combined value of almost $3.7 billion.
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Analysis
Softening yields and staffing crunch temper Cathay profit return celebrations
Cathay Pacific’s turnaround from pandemic-led losses to record profitability is a long time coming, but the airline’s executives are acutely aware the celebratory mood will not be for long.
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Alaska rebounds after taking $150m hit from 737 Max 9 grounding
US carrier Alaska Airlines estimates the grounding of its Boeing 737 Max 9s following the 5 January door plug blow-out on flight 1282 resulted in lost profits of at least $150 million.
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’Vertical-lift crossover’ developer XTI Aerospace listed on US stock exchange
Colorado-based XTI Aerospace on 13 March began trading as a publicly listed company on the US stock exchange, vowing to commercialise its conceptual “vertical-lift crossover” business aircraft.
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Canada’s Nolinor reveals fresh livery on 737-400 repurposed for mining industry
Canadian charter carrier Nolinor Aviation has adorned its first Boeing 737-400 with an update of its distinctive blue, white and gold livery.
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Boeing confirms to NTSB it has no records of work on failed 737 Max door plug
Boeing confirms to federal accident investigators it has no records of work completed last year on a 737 Max 9 door plug that failed during a 5 January flight, nor does it know which employees performed the work.
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News
South African Airways’ drawn-out privatisation deal collapses as parties agree cancellation
South Africa’s government and an investment consortium have ended public-private partnership plans for South African Airways under which the consortium would have taken a majority share in the flag-carrier. The Takatso consortium had been unveiled as a potential investor in SAA some two-and-a-half years ago. But finalising the agreement has ...
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Analysis
Why Aegean Airlines is prioritising scheduled business in bid to ride out GTF disruption
Aegean Airlines aims to grow scheduled capacity by around 7% this year despite the pressure the Greek carrier faces on aircraft availability due to ongoing maintenance issues related to the Pratt & Whitney GTF engines that power its Airbus A320neo-family aircraft.
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Bell extends H-1 production with $455m attack helicopter order from Nigeria
The US rotorcraft manufacturer finalised a contract to provide the Nigerian air force with 12 of the latest AH-1Z Viper attack helicopters.
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Leonardo rules out adding Piaggio to portfolio
Leonardo has reiterated that it has no interest in acquiring Piaggo Aerospace despite being urged by an Italian government minister to bid for the troubled airframer.
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Air Mauritius appoints outsourcing specialist as new chief executive
Air Mauritius has introduced outsourcing and business process specialist Charles Cartier as its new chief executive, succeeding Kresimir Kucko.
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Second AviaAM 777-300ER transferred for Mammoth freighter conversion
Irish-based AviaAM Leasing has transferred a second Boeing 777-300ER for cargo conversion by US-based Mammoth Freighters. Mammoth is undertaking conversion of 777-200LR and -300ER twinjets. AviaAM states that it ferried the -300ER to Fort Worth Alliance airport, where Mammoth partner Aspire MRO has a facility, on 28 February. The leasing ...
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Analysis
Comic-loving Cingolani outlines Leonardo’s reinvention to meet changed security outlook
New chief executive details Italian aerospace and defence giant’s strategy for the next five years as it seeks to transform in the face of rising global instability and spearhead evolution in European industry.
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Indian domestic start-up Fly91 prepares to commence services
Indian start-up carrier Fly91 is to commence services on 18 March, having secured its air operator’s certificate.
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Chilean authority confirms it is leading LATAM 787 upset inquiry
Chilean authorities have clarified that they will lead the investigation into the in-flight upset involving a LATAM Boeing 787, after initially indicating delegation to New Zealand counterparts. Several occupants were injured after the twinjet experienced the upset en route from Sydney to Auckland, as flight LA800, on 11 March. Chile’s ...
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Pentagon declares full-rate production on F-35, years behind schedule
The US Department of Defense has approved Lockheed Martin for full-rate production on the F-35 stealth fighter programme, years behind schedule and well after the airframer had already started assembling the jets at maximum capacity.
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Swiss skydiver aircraft crash likely caused by ‘unintentional’ parachute opening
Aviation accident investigators in Switzerland have said that the crash of a Pacific Aerospace P-750 utility aircraft last month was likely caused by the unintentional opening of a skydiver’s parachute while he was still in the aircraft.
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MBDA boosted by European spike in air-defence system demand
MBDA secured contracts worth €9.9 billion ($10.8 billion) last year, with increased demand for air-defence equipment dominating its business.
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Cathay begins mid-sized widebody renewal campaign with orders to come in next few years
Cathay Pacific’s ongoing campaign for new mid-sized widebody jets is “still in its early days” with the airline expecting to place an order only in the next few years.