All news – Page 539
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NewsAir France-KLM keeping partner options open for Latin market
Air France-KLM is still studying long-term partnership options in both Europe and South America to bolster its position in the Latin American market.
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NewsCebu Pacific swings to first profit since pandemic
Cebu Pacific returned to the black in its first quarter earnings, helped by a strong rebound in passenger revenues, as it anticipates returning to pre-pandemic international capacity by end-June.
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NewsIAG reports Q1 operating profit as leisure demand gives it summer confidence
British Airways and Iberia parent IAG saw stronger-than-expected performances from all of its airlines in the first quarter of 2023, as buoyant leisure demand helped the European group to achieve a small operating profit during what is a seasonally weak three months.
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NewsOneworld chief Gurney to step down
Oneworld chief executive Rob Gurney is to step down from his role at the helm of the alliance’s central management team this summer.
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NewsIberia names temporary chief executive
Spanish airline Iberia has named Fernando Candela Perez as its new chairman and chief executive, effective from July through to the end of 2023, following Javier Sanchez-Prieto’s decision to step away from the business.
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NewsEASA draws up noise-certification proposals for eVTOL operations
European certification regulators have drawn up the first proposals for assessing noise generated by eVTOL aircraft, as the development of various future air taxi designs advances. The European Union Aviation Safety Agency says the technical specifications for environmental protection apply to aircraft powered by multiple non-tilting, evenly-distributed, vertical-lift rotors. “Noise ...
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NewsAir France-KLM narrows loss as revenues surge in first quarter
Air France-KLM posted an operating loss of €306 million ($338 million) for the first quarter on revenue 42% higher than the same stage of last year at €6.33 billion.
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NewsAAM sector eyes the long-term for investment returns
While the Advanced Air Mobility (AAM) industry is far from mature, the investment climate around the sector is maturing, with returns only likely in the 2030s.
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NewsTroubled Go First reportedly owes INR65 billion, as grounding extended
Beleaguered Indian operator Go First has suspended its operations further until 9 May, amid reports that the airline owes creditors over INR65 billion ($796 million).
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NewsAustralian watchdog blocks Virgin Australia-Alliance partnership renewal
Australia’s competition watchdog has rejected an extension of a charter partnership between Virgin Australia and Alliance Aviation, following a six-month consultation period in which it found low support for a continued alliance.
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NewsTaiwan F-16V delivery schedule slips on supply chain woes
The delivery of Lockheed Martin F-16Vs to Taiwan has slipped to the third quarter of 2024, with the US government reportedly citing supply chain issues for the delay.
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NewsAir Canada raises profit expectations for 2023
Air Canada has raised its earnings expectations for the full year as passenger demand remains strong and jet fuel prices fall.
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NewsP&W letter to Go First reveals detail about strained supply chain
A recent letter from Pratt & Whitney (P&W) to Indian airline Go First reveals more detail about the tight supply of PW1100G spare engines and related equipment.
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NewsUSAF commandos land MC-130, A-10s on Wyoming highway
Special operations commandos and pilots with the US Air Force successfully landed UAVs, fighter aircraft and a multi-purpose tactical transport on a rural stretch of roadway during recent exercises.
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NewsAtlas CEO Dietrich retires; to be replaced by CCO Michael Steen
Atlas Air Worldwide Holdings has said chief commercial officer Michael Steen will succeed retiring CEO John Dietrich next month.
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NewsMexico plans to launch state-run airline with Mexicana assets
Mexico plans to launch a state-owned airline under the currently-defunct Mexicana de Aviacion brand later this year.
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NewsDefence leaders in Washington warn of debt default
As lawmakers and the Biden Administration debate raising the US government’s borrowing limit, civilian and uniformed military leaders say unpredictable budgets will set back critical modernisation and procurement programmes.
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NewsFlightcrew unions seek to squash talk of ‘reduced-pilot’ operations
Pilot unions have come out swinging against what they call a campaign by Airbus and other manufacturers to promote regulatory changes allowing a single pilot to be alone in commercial aircraft cockpits during certain flight phases.
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NewsSupply-chain hitches ‘no excuse’ for aircraft delivery delays: Air Lease
US lessor Air Lease is not prepared to let airframers blame the supply chain for aircraft delivery delays, with executive chairman Steve Udvar-Hazy insisting that the manufacturers’ problems are “self-inflicted”. Speaking during a first-quarter briefing, Udvar-Hazy said Airbus and Boeing were increasing production rates across their single-aisle and long-haul ranges ...
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NewsLATAM posts profitable quarter, as passenger revenue jumps
LATAM Airlines Group posted another profitable quarter, driven by a strong rise in passenger revenue, after emerging from bankruptcy protection late last year.