All news – Page 659
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NewsIAG shareholders agree to 50-strong 737 Max order
Shareholders of British Airways and Iberia parent IAG have approved the company’s plan to purchase 50 Boeing 737 Max, including the high-capacity Max 8-200 and the as yet uncertificated Max 10.
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NewsNorthrop sees space driving future business growth, not aviation
Executives with the US defence contractor expect the company’s space division to be its fastest growing sector, with relatively flat sales elsewhere.
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NewsRiding strong demand, Southwest Airlines posts $277 million Q3 profit
Southwest Airlines reported a profit of $277 million in the third quarter thanks to “robust” demand for discount air travel, says chief executive Bob Jordan on 27 October.
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NewsFrontier Airlines turns $33m Q3 profit on strength of demand for leisure travel
Frontier Group Holdings, parent of Frontier Airlines, reported a profit of $33 million in the third quarter of 2022 – the second consecutive profitable quarter for the Denver-based ultra-low-cost carrier (ULCC).
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NewsAmid slow recovery, Spirit Airlines loses $36.4m in Q3
Buffeted by hurricane winds, higher fuel costs and operational constraints, Spirit Airlines reported a loss of $36.4 million in the third quarter of 2022.
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NewsSurging revenue returns Gol to Q3 operating profit
Brazilian low-cost carrier Gol posted record revenues of R$4 billion ($750 million) and the highest yields in its history during the third quarter.
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NewsIAG confirms order for 37 more A320neos after shareholder approval
British Airways and Iberia parent IAG has confirmed an order for 37 A320neo aircraft, after its shareholders approved the purchase on 26 October. The order was announced in late July and followed agreements earlier in the year for 22 A320neo-family jets, meaning IAG has now made firm commitments for 59 ...
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NewsShortage of 787 cockpit windows reflects industry-wide supply constraints: Lufthansa chief
Lufthansa Group chief executive Carsten Spohr continues to insist that the global aviation industry will see constrained capacity for the foreseeable future as it seeks to serve resurgent demand for air travel.
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NewsItalian Carabinieri picks locally built AW119Kx for fleet replacement
Leonardo Helicopters says the 20 AW119Kx light-singles will be built in Vergiate plant in northern Italy, rather than on the type’s usual production line in Philadelphia.
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NewsLufthansa earmarks three A380s for 2023 return and expects more to follow
Lufthansa is planning to return three Airbus A380s to its Munich base from June next year, but is also working on a plan to increase that number.
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NewsEmbraer lines up South Korean suppliers for C-390 as part of LTA II bid
Embraer is tapping South Korean industry to supply parts for the C-390 Millennium airlifter as part of its bid for Seoul’s Large Transport Aircraft (LTA) II requirement.
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NewsParis airports operator raises traffic outlook again
Paris airports operator Groupe ADP has further lifted its passenger traffic expectations for the year after a strong summer performance.
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NewsLufthansa Group reports strong forward demand as Q3 profit exceeds €1bn
Lufthansa Group is expecting strong demand for air travel to continue “into the coming months”, despite the economic and geopolitical headwinds faced by the airline industry and wider economies.
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NewsYemenia seeks to double fleet as it rebuilds shattered network
Arabian operator Yemenia is still trying to restore its network after years of civil war in the Middle Eastern state, and resumption of flights earlier this year. Speaking to FlightGlobal at the Arab Air Carriers Organization conference in Abu Dhabi, Yemenia chair Nasser Mahmoud said the airline wanted to expand ...
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NewsBoeing cuts China market forecast as 737 Max delivery uncertainty looms large
Boeing has cut its commercial fleet forecast for the Chinese market amid uncertainty over whether deliveries of the 737 Max will eventually resume in China, though it stresses it still had “full confidence” in its recovery.
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NewsStrong international rebound lifts AirAsia Aviation Q3 traffic
AirAsia Aviation carriers reported a significant uplift in passenger traffic for the third quarter of the year, led mainly by a rebound in international travel demand.
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NewsTroubled fixed-price defence contracts drive $3.3bn loss for Boeing
The aerospace giant’s defence division received $2.8 billion in charges on five aircraft development programmes that Boeing bid using a competitive but risky pricing strategy.
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AnalysisBoeing cuts 737 Max delivery forecast as wait on Chinese carriers continues
Boeing’s chief executive is hopeful that China’s Covid-19 lockdowns – not US-China political friction – is the reason why Chinese airlines are still not taking delivery of new 737 Max. But he has no indication Chinese airlines are poised soon to start again receiving the Boeing narrowbody.
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NewsWestJet’s acquisition of Sunwing raises red flags from competition regulator
A Canadian business-competition regulator has raised concerns about WestJet’s proposed acquisition of rival Sunwing Airlines, citing a “substantial lessening or prevention of competition in the sale of vacation packages to Canadians”.
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NewsGulfstream’s backlog growth slows but profits roll in
Backlog growth at General Dynamics’ aerospace business – which Gulfstream anchors – slowed in the third quarter of 2022 amid what an executive described as slightly cooling demand for business jets.