All news – Page 532
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NewsAegean cuts pre-tax losses in first quarter on strong growth
Greek carrier Aegean Airlines cut its losses to below pre-pandemic levels for the first three months of 2023, with revenue nearly double last year's figure.
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NewsStrong yields and revenue help Pegasus narrow Q1 loss
Turkish carrier Pegasus Airlines narrowed its net loss in the first quarter to €22 million ($24 million) on record revenues for the period.
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NewsGerman start-up USC looks to operate A340s including converted freighters
German-based start-up operator USC is intending to operate Airbus A340 converted freighters, and has reached an agreement on the modification with the UK’s Avensis Aviation. USC is located in Frankfurt and aims to serve long-range routes with A340-300s and -600s from this summer. It is intending initially to conduct wet-lease ...
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NewsSIA cancels eight Boeing 737 Max orders in fleet rejig
Singapore Airlines (SIA) Group has cancelled orders for eight Boeing 737 Max 8 aircraft, as part of a wider Boeing order adjustment for “projected operational requirements”.
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NewsSingapore Airlines Group swings to record S$2.7 billion annual profit
Singapore Airlines (SIA) Group has posted the highest full-year net profit in its history, on the back of what it says were “proactive strategic initiatives” and “pre-emptive preparation” it undertook during the pandemic.
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NewsDeutsche Aircraft books first agreement for D328eco
Deutsche Aircraft has secured Private Wings as a launch customer for its D328eco, with the German operator signing a tentative agreement for the twin-turboprop.
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NewsHoneywell sings Anthem’s praises after PC-12 flight
Honeywell has for the first time flown a sortie with its new Anthem flightdeck fully managing the aircraft.
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NewsSeoul reiterates 2026 delivery schedule for KF-21
The developmental Korea Aerospace Industries (KAI) KF-21 fighter has attained ‘provisional suitability for combat’, as the fifth prototype conducts its maiden sortie.
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NewsHanoi officials consider second airport
Officials in Hanoi have proposed the construction of a second airport to serve the city, anticipating significant population growth in the coming decades.
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NewsCourt grants approval for SAS’s equity-raise solicitation
Scandinavian carrier SAS has obtained court approval to commence solicitation procedures to raise equity as part of the airline’s ‘SAS Forward’ restructuring programme. The carrier, which is under US Chapter 11 protection, states that potential investors will have about 13 weeks to present final bids. “We will conduct a competitive ...
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NewsJeju Air, Jin Air enjoy profits in first three months of 2023
South Korean low-cost carrier Jeju Air narrowed its operating loss for the 2022 financial year, while rival Jin Air swung to an operating profit in its first quarter.
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NewsJapan’s Skymark Airlines turns profitable on ‘remarkable recovery’ in demand
Japanese operator Skymark Airlines rebounded to a full-year profit amid “remarkable recovery” in travel demand as Japan eased much of its pandemic curbs.
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NewsAsiana net loss widens on weaker Won, though operating profit grows
Asiana Airlines widened its first-quarter net loss on the back of foreign exchange losses, and despite improving on its operating profit as travel demand picked up.
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NewsAzul posts record first-quarter revenue amid a ‘robust, sustained revenue’ recovery
Brazil’s Azul sees “robust, sustained revenue performance” for the rest of the year with passengers travelling in greater numbers as the global Covid-19 pandemic is largely in the rear-view mirror.
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NewsRomania retires MiG-21s as it waits for Norwegian F-16s
Romania has officially retired its remaining Mikoyan-Gurevich MiG-21 fighters as it accelerates the replacement of the Soviet-era type.
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NewsVSR700 stretches sea legs with latest autonomous test phase
Airbus Helicopters and the French DGA military procurement agency have conducted tests of the VSR700 unmanned air vehicle (UAV) in a full operational configuration, for the first time carrying out 80 autonomous take-offs and landings at sea.
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NewsUkraine’s SkyUp creates Maltese carrier to establish EU presence
Ukrainian carrier SkyUp Airlines has established a Maltese division, giving the operator a presence in the European Union. It has branded the division SkyUp MT and says it has obtained an air operator’s certificate as well as other regulatory certifications. SkyUp has transferred an initial aircraft, a 189-seat Boeing 737-800, ...
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NewsPilatus celebrates 2,000th delivery milestone for PC-12
Pilatus has handed over the 2,000 PC-12 single-engined turboprop to US fractional operator PlaneSense.
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NewsUK cargo start-up One Air hints at eventual migration to 777F
UK start-up cargo carrier One Air has disclosed that it could look to modernise with Boeing 777 freighters as its business develops. The operator is formally seeking to operate US routes, and has submitted a filing with the US Department of Transportation. One Air has newly secured an air operator’s ...
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NewsSpiceJet cargo unit set to secure $100m investment
Indian carrier SpiceJet has struck a preliminary deal for a $100 million investment into its recently spun out logistics unit SpiceXpress.