All news – Page 645
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NewsPorter expands in Ottawa to service growing fleet
Canadian regional carrier Porter Airlines is expanding with a C$65 million ($48.2 million) facilities upgrade at Ottawa International airport.
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NewsWestJet to use SAF for flights from San Francisco to Calgary
Canadian passenger carrier WestJet has committed to temporarily operating flights from San Francisco to Calgary using sustainable aviation fuel (SAF).
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NewsIsraeli carrier Israir lines up bid for Czech operator Smartwings
Israeli leisure carrier Israir has identified Czech budget operator Smartwings as the target of a takeover offer. Israir, which was acquired by an investment firm last year, had disclosed earlier this year that it was participating in a private process with a view to acquiring the entire share capital of ...
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NewsRomania signs $385m deal to acquire 32 surplus Norwegian F-16 fighters
Romania’s defence ministry has signed a €388 million ($385 million) contract to acquire 32 surplus Lockheed Martin F-16A/Bs from Norway, with the jets to be transferred from late 2023.
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PodcastAirline Business Podcast: Record revenues, cargo concerns, ICAO deal and Latin latest
Graham and Lewis discuss a strong third-quarter results season for airlines in Europe and North America, as constrained capacity met surging demand. They also examine the recent ICAO agreement on emissions and the latest in the Latin American airline industry
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NewsKenya Airways insists ‘unlawful’ pilot strike will undo efforts to bring down costs
Kenya Airways estimates that a strike by its pilots set to start on 5 November will cost around KSh300 million ($2.5 million) a day. The airline has condemned the industrial action by the Kenya Airline Pilots Association, describing it as “unlawful”. “This unfortunate action may affect both our passengers, who ...
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NewsKratos announces successful test of Valkyrie autonomous jet
The pilotless, jet-powered aircraft is being developed for the US Air Force’s Collaborative Combat Aircraft programme that seeks to pair conventional fighters with uncrewed platforms.
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NewsIndiGo finalising wet-lease deal to offset aircraft delivery delays
Indian low-cost carrier IndiGo is close to securing wet-lease capacity as global supply-chain challenges weigh on aircraft deliveries.
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NewsIndiGo reels from currency impact as Q2 net loss hits Rs15.8 billion
Low-cost carrier IndiGo reported a net loss of Rs15.8 billion ($192 million) for the three month period ending 30 September, as currency losses and fuel costs weighed on the operator’s performance during what is seasonally its weakest quarter.
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NewsFirst RAF Wedgetail gains its MESA radar array
The first of three Boeing 737NG airframes undergoing modification into the E-7A Wedgetail airborne early warning and control configuration for the UK has had its distinctive “top hat” radar array installed.
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NewsSingapore Airlines reports highest-ever group operating profit and revenue for Q2
Singapore Airlines Group recorded its highest-ever operating profit and revenue for its fiscal second quarter, despite passenger capacity and traffic still being significantly down on pre-Covid levels.
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NewsConfirmation bias over incorrect altitude put executive jet at risk of terrain collision
French investigators have emphasised the risk of confirmation bias following an incident in which a Cessna 525 executive jet suffered a simultaneous failure of an air-data system and the left-side primary flight display. Immediately after take-off from Paris Le Bourget on 14 August 2020 the left-hand primary display blanked, prompting ...
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NewsTurkish Airlines reports Q3 net profit of $1.5bn as passenger revenue surges
Turkish Airlines has reported a net profit of $1.5 billion for the third quarter of 2022, as capacity, traffic and yields – as well as costs – surged beyond pre-Covid levels.
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NewsEmbattled Flyr optimistic of positive earnings from mid-2023
Norwegian carrier Flyr is optimistic that its revised business plan will be sufficient to nurse the airline through the winter season, and that earnings margins will start to turn positive from June next year. Despite a strong summer market, Flyr turned in a third-quarter operating loss of NKr231 million ($22 ...
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NewsCollins, Indonesian Aerospace in avionics upgrade pact for C-130Hs
Collins Aerospace and Indonesian Aerospace have entered an agreement to modernise Jakarta’s Lockheed Martin C-130H tactical transports.
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NewsFlyr seeks NKr530m through share issues to relieve ‘very strained’ finances
Norwegian budget carrier Flyr is looking to reinforce its financial position with share placements which would potentially raise NKr530 million ($50 million). This scheme comprises a private placement for NKr430 million and a possible subsequent placement, for those unable to participate in the private issue, aimed at raising another NKr ...
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NewsJakarta resumes payments for KF-21 participation
Indonesian has resumed payments related to its share of developments costs for the Korea Aerospace Industries (KAI) KF-21 Boramae fighter.
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NewsPositive about prospects, Qantas acknowledges industry ‘far from post-Covid’
Australia’s Qantas has acknowledged that the airline sector is “far from post-Covid”, even as its leaders remain optimistic about near-term recovery prospects.
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NewsIsrael’s El Al repays $45m state loan
Israeli flag-carrier El Al has repaid a state loan of $45 million advanced to the carrier as part of a financial support package. The airline, which had indicated in September that it would be repaying the loan two years ahead of schedule, says the transaction was completed on 2 November. ...
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NewsZhuhai static display offers insights into H-6K bomber, Y-20U tanker
The static display of this year’s Airshow China has offered new insights into key Chinese platforms such as the Xian H-6K bomber and the Y-20U tanker.