All news – Page 268
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NewsNorse Atlantic eases liquidity pressure with revised credit-card payment terms
Long-haul low-cost operator Norse Atlantic Airways has eased some of its financial pressure through an agreement which releases cash from credit-card payment providers. The airline had disclosed earlier this month that it was encountering near-term cash and liquidity issues after a weaker-than-expected second quarter. While summer bookings have been “satisfactory”, ...
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NewsHAECO extends Cargolux base maintenance support
HAECO has renewed a base maintenance contract with cargo operator Cargolux for another three years from 2026.
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NewsNetherlands to obtain JASSM-ER long-range munition
The Netherlands is set to become the world’s fifth international operator of the Lockheed Martin AGM-158 Joint Air-to-Surface Standoff Missile Extended Range (JASSM-ER).
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NewsAir NZ drops 2030 climate targets, raising questions about Dash 8-300 replacement
Air New Zealand has axed its interim climate targets, stating that measures needed to meet the target were unaffordable and not readily available.
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NewsAirbus highlights interest in A330neo during Farnborough show
Airbus demonstrated demand for its A330neo during the Farnborough air show, as the backlog for the twinjet shows signs of an uptick after five years of trending downwards. Orders for the re-engined aircraft reached 337 at the end of 2019, as strong activity and a delivery ramp-up followed the initial ...
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NewsCondor restructuring funding undergoes further scrutiny after court annulment
German carrier Condor is facing a renewed investigation into financial support granted by the country’s government, approval for which was recently annulled by the European General Court. The in-depth investigation will probe whether a €321 million ($347 million) restructuring package – approved in July 2021 – is compatible with state-aid ...
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NewsCroatia Airlines takes delivery of first A220
Croatia Airlines has taken delivery of its first Airbus A220-300, one of six being acquired from US lessor Air Lease. The twinjet, powered by Pratt & Whitney PW1500G engines, is part of a fleet modernisation which will involved the carrier’s taking up to 15 A220s. Croatia Airlines chief executive Jasmin ...
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NewsTrading in shares of Australian regional carrier Rex suspended pending announcement
Trading in shares of Australian carrier Regional Express (Rex Airlines) has been paused amid recent boardroom turmoil and reports a restructuring team has been put in place.
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NewsAsia-Pacific airlines see strong international passenger, cargo traffic in June
Airlines in the Asia-Pacific are enjoying strong summer international travel demand, while also getting a cargo boost from e-commerce activity and security issues affecting Red Sea shipping.
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NewsNATO awards next-generation rotorcraft concept study work to three airframers
An initiative led by a group of NATO members to develop a next-generation rotorcraft to enter service in the coming decades has moved a step forward with the award of concept study contracts to Airbus, Leonardo and Sikorsky.
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NewsP&W works through engine recalls as cast parts remain scarce
Shortages of cast metallic parts and other components continue hindering Pratt & Whitney’s (P&W) ability to produce new engines and to ramp up maintenance work needed to address its recall of PW1000G geared turbofans.
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NewsUSAF crew faulted for Ellsworth B-1B crash
The January incident at Ellsworth AFB resulted in the destruction of the $450 million bomber and a rare quadruple ejection of the crew, who were attempting to execute an instrument landing during poor weather.
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NewsSIAEC sees continued strong demand for MRO work
SIA Engineering (SIAEC) expects demand for MRO services to remain strong, although supply chain challenges have extended the time of some aircraft checks.
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NewsIAI weighs up 787 freighter conversion programme
Israel Aerospace Industries (IAI) is considering launching a conversion programme for the Boeing 787 as it weighs up future projects. Speaking to FlightGlobal sister publication Air Cargo News at the Farnborough International Airshow, IAI executive vice president and general manager, aviation group, Shmuel Kuzi explained that the business is always ...
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NewsDeutsche Aircraft begins fuselage-cutting work to create D328eco test airframe
Germany’s Deutsche Aircraft has started construction of its first D328eco test aircraft, with cutting work to extend a D328 fuselage. The D328eco is an upgraded version of the turboprop, intended to accommodate 40 passengers. It will feature more efficient engines – the Pratt & Whitney PW127XT-S – and modernised avionics, ...
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NewsKAI works to sell updated FA-50s to existing customers
Korea Aerospace Industries (KAI) is focused on the potential to expand FA-50 fleets with existing customers in Indonesia, the Philippines and Thailand.
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NewsAirbus A321XLR programme chief outlines path to highest weight variant
Airbus is looking to obtain higher-weight certifications for its A321XLR over the next three months, as it works on the individual enhancements required by early operators of the long-range twinjet. The airframer secured European Union Aviation Safety Agency approval for the basic version – with a 97t maximum take-off weight ...
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NewsVertical performs first tethered flight of latest VX4 prototype
A little over a week after the aircraft’s unveiling, Vertical Aerospace has conducted the maiden sortie of its latest VX4 prototype (G-EVTA).
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NewsIsraeli start-up AirHaifa takes first ordered ATR 72-600
Israeli start-up carrier AirHaifa has taken delivery of its initial ATR 72-600s, one of a pair ordered from the airframer last year. AirHaifa is looking to start commercial services from Haifa to destinations in the Mediterranean and Red Sea regions. The aircraft will be powered by the Pratt & Whitney ...
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NewsAmerican cuts full-year outlook as second quarter profits halve
American Airlines lowered its full-year profits outlook after disclosing second quarter net profit almost halved to $717 million from the same period a year earlier.