All news – Page 586
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NewsRoyal Jordanian expands network as fuel costs weigh on full-year results
Royal Jordanian Airlines is looking to expand its network, as it seeks to reverse full-year net losses of more than JD79 million ($111 million). The Middle Eastern carrier attributes the performance – worse than the previous year’s JD74.3 million – to higher fuel prices, which accounted for a near-JD98 million ...
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NewsKAI to set up advanced air mobility research centre
Korea Aerospace Industries (KAI) has entered an agreement to set up a research centre in South Korea to explore advanced air mobility.
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NewsHong Kong outbound traffic storms back after restrictions ease
Passenger numbers at Hong Kong International Airport (HKIA) soared in January, as the abandonment of travel restrictions boosted travel demand.
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NewsSIA Engineering widens Q3 losses on increase in manpower costs
SIA Engineering (SIAEC) fell deeper in the red in its third-quarter earnings on the back of a sharp increase in manpower expenses, and despite a recovery in flight activities.
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NewsKorean Air-Asiana competition investigation focuses on four Seoul-EU routes
Korean Air’s proposed merger with Asiana is to be scrutinised by European Union regulators concerned that the tie-up will reduce or eliminate competition on Korean-European routes. The European Commission is opening an in-depth investigation which will focus on four particular connections from Seoul. Korean Air and Asiana both operate to ...
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NewsEmbraer’s deliveries surged in final months of 2022
Brazilian airframer Embraer closed 2022 on a high, with its deliveries surging to 80 aircraft in the fourth quarter, pushing its full-year deliveries to 159.
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NewsAzul to launch Sao Paulo-Paris flights in April
Brazil’s Azul plans to launch non-stop flights to Paris, its second continental European destination, from Sao Paulo in late April.
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NewsUSAF commissions study of autonomous cargo jet feasibility
California-based developer of aviation safety technologies Reliable Robotics will prepare a feasibility assessment for the US Air Force examining the potential for autonomous, multi-engined transport jets, including automations of both flight and cargo operations.
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NewsAir Canada marks milestone in recovery, returns to profitability in Q4
Air Canada returned to profitability in the fourth quarter of 2022, reporting a C$168 million ($125 million) profit and marking a milestone in the flag-carrier’s long recovery from the Covid-19-related dropoff in air travel.
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NewsChallenger took evasive action to dodge undetected glider near Basel
French investigators have determined that a Bombardier Challenger 300 crew took evasive action during a serious airprox incident with a glider, which was flying in Basel terminal airspace undetected. Although the Schempp-Hirth Nimbus-3DM glider was present in the airspace for 20min, its pilot had not activated his transponder nor had ...
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NewsAirbus UAM plans year of building in 2023 ahead of CityAirbus NextGen first flight
Airframer plans widespread constuction effort this year – of a prototype and the ecosystem in which it will operate – as it targets market for urban air mobility services.
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NewsAir France-KLM cites relief from ‘astronomical’ Russian fees as it ramps up China capacity
The “astronomical” charges imposed by Russia to overfly the country mean Air France-KLM is not seeing a significant financial impact from having to circumnavigate its airspace on flights to Asia, according to the group’s chief executive.
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NewsCFM firm on 1,700 Leap delivery target in 2023: Safran chief
Safran is confident that 1,700 CFM International Leap-series engines can be delivered in 2023 – a 600-unit increase on 2022 – despite ongoing supply chain disruption.
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NewsScoot to be Southeast Asia’s first Embraer E2 operator with nine-aircraft lease
Low-cost operator Scoot has committed to taking nine Embraer E190-E2 jets from lessor Azorra, making it Southeast Asia’s first E2 family operator.
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NewsSchiphol slips to loss as operational challenges plague 2022
Amsterdam Schiphol airport’s operator made a loss of €77 million ($82 million) last year, after incurring an extra €120 million in costs as it struggled to keep pace with recovering traffic demand amid ongoing labour shortages.
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NewsAir France-KLM chief reiterates TAP interest as group prepares to exit M&A restrictions
The chief executive of Air France-KLM has reiterated the group’s interest in acquiring TAP Air Portugal as it moves to exit restrictions attached to Covid-era state aid.
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NewsMarket recovery boosts Safran performance as Leap output grows
Strong aftermarket growth in its propulsion segment and rising deliveries of Leap narrowbody engines to Airbus and Boeing helped drive revenue and profit increases at aerospace giant Safran last year.
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NewsAir France-KLM expects to exit state aid restrictions in April after swinging to full-year profit
Air France-KLM will in April exit restrictions linked to financial support received from the Dutch and French governments during the pandemic, under plans unveiled as it released its full-year earnings on 17 February.
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NewsUnited Aircraft seals supply contracts covering over 60 jets for Aeroflot
United Aircraft has signed formal contracts to deliver 63 aircraft to Russian operator Aeroflot Group by the end of 2025. Aeroflot Group is to take 18 Irkut MC-21s plus 34 SSJ-New aircraft, as well as 11 Tupolev Tu-214s. United Aircraft has also reached agreement to supply eight SSJ-New twinjets to ...
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InterviewVolocopter chief leads push to certification
Volocopter chief executive Dirk Hoke is laser focused on seeing his company become the world’s first true urban air mobility (UAM) provider in 2024.