All news – Page 23
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NewsToo few Honeywell turbofans hold up Gulfstream’s Q1 deliveries
Shortages of Honeywell turbofans kept Gulfstream from delivering two G280 super-midsize business jets in the first quarter, as supply chain troubles persisted – and in some cases worsened.
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SkyWest misses Q1 profit, ‘making good headway’ on pilot shortage
The carrier may have turned a corner on losing pilots to major US carriers – many of which it contracts with.
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Charter business helps drive Sun Country's first-quarter profit
Sun Country Airlines posted a $38 million profit in the first quarter of 2023, driven partly by the increasing strength of its charter business.
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SAF and turboprops are best way to decarbonise aviation in short-term, says white paper
Only increased production of sustainable aviation fuel (SAF) and reintroduction of turboprops in place of jets, plus incentives to speed retirements of older gas-guzzlers, will help commercial aviation reach its decarbonisation goals in the short term, a new white paper argues.
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US bank stress dampens Bombardier’s Q1 orders as revenue surges
Trouble at US regional banks eroded some of Bombardier’s expected first-quarter order activity, a change following several years of exceedingly strong demand for new business jets.
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Southwest loses $159m in Q1, cuts 2023 capacity expectations
Southwest Airlines still feels lingering effects from its December 2022 operational meltdown and is now feeling squeezed by Boeing aircraft delivery delays.
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Toyota and Joby Aviation deepen their partnership
Japan’s Toyota Motor Corporation will supply Joby Aviation with “key powertrain and actuation components” for Joby’s in-development electric vertical take-off and landing (eVTOL) aircraft.
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Southwest cuts expected 2023 Max 8 deliveries by 20 jets
Southwest Airlines is now expecting 20 fewer new Boeing 737 deliveries in 2023 than previously estimated.
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Spirit to soon take delivery of first of 41 A321neos
Spirit Airlines will accept delivery of the first of 41 Airbus A321neo aircraft it has on order sometime “over the next week”.
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American posts Q1 profit of $10m amid ‘dynamic’ air travel demand
American Airlines posted a profit of $10 million – its first first-quarter profit in four years – as demand for air travel remained “dynamic”.
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Newsletter
Will there be enough clean energy to produce future fuel for airlines?
A report published this week highlights the huge amount of new infrastructure and investment required to ensure there will be enough clean energy to produce the alternative fuels that will power the aviation sector towards decarbonisation.
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Ageing freighters face fallout from reduced air cargo demand
Older freighters are being grounded as a result of ongoing reduced demand and increased capacity in the air cargo sector, according to Sander Schuringa, manager of market intelligence at Seabury Cargo.
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Lufthansa to start Munich-Bangalore flights, adds A380 to Bangkok and LA routes
Lufthansa is to begin services this winter to Bangalore in India, part of an expansion of its operations from Munich which will also see it deploy its returned Airbus A380s on flights to Bangkok and Los Angeles from the German city.
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Finnair cautious on post-summer demand as it welcomes small Q1 profit
Finnair highlighted uncertainty about the durability of high passenger demand as it reported its third consecutive quarterly operating profit amid a strategic overhaul of the business.
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USA approves possible $1 billion Norwegian purchase of six Seahawks
US officials have approved the possible sale of six Sikorsky MH-60R Seahawk maritime helicopters and related equipment to Norway.
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ITA A330 departed JFK after crew did not notice taxi collision with 777
US investigators have concluded the crew of an ITA Airways Airbus A330-200 misjudged the available space while taxiing past an Air France Boeing 777-200ER, colliding with the parked aircraft and then proceeding to take off despite both jets’ sustaining damage. The accident occurred in darkness at New York JFK on ...
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MTU chief confident on supply chain improvements
Germany’s MTU Aero Engines predicts that disruption to the aerospace industry supply chain will ease as 2023 progresses but cautions there may be further bumps along the way.
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Airlines are maintaining focus on air cargo: IATA chief
Airlines are maintaining the focus on air cargo that they gained during the Covid-19 pandemic, according to IATA director general Willie Walsh.
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Lessor Avolon committing to 40 more 737 Max jets
Irish-based lessor Avolon is intending to order 40 Boeing 737 Max jets, for delivery over the course of 2027-30. The lessor values the provisional agreement at more than $4 billion at catalogue prices. Avolon was responsible for delivering the first Max to its customer in 2017. It has not specified ...
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AAPA flags ‘lacklustre’ Asia-Pacific cargo traffic as passenger travel rebounds
The Association of Asia Pacific Airlines (AAPA) has warned of a “lacklustre” air cargo market in the region amid a decline in demand that is being juxtaposed by “robust recovery” in passenger traffic.
