All news – Page 692
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NewsSiberia’s KrasAvia to acquire LMS-901 fleet for regional connectivity
Siberian operator KrasAvia has entered a provisional agreement to acquire 10 UZGA LMS-901 multi-purpose aircraft. Deliveries of the Russian-built, single-engined high-wing type will commence in 2025 and run to 2029. KrasAvia says it will become “one of the first customers” for the new aircraft in Russia as a result of ...
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NewsProfitable Air Arabia progresses with new joint-venture carriers
Middle Eastern budget carrier Air Arabia’s new Armenian operator Fly Arna commenced operations in July. The Yerevan-based operation obtained its air operator’s certificate in June and subsequently opened services to the Egyptian resorts of Hurghada and Sharm el-Sheikh. Air Arabia also states that it has reached an “advanced stage” of ...
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NewsBangkok Airways narrows Q2 loss
Bangkok Airways trimmed its second-quarter operating loss, as revenue increase outpaced a steady rise in costs.
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NewsHit by wave of crew sickness, Air New Zealand trims capacity forecast
Air New Zealand is to cut capacity over the next six months, as the airline confronts its highest levels of crew sickness in more than a decade.
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NewsArcher completes preliminary design review of four-seat ‘Midnight’
Electric vertical take-off and landing (eVTOL) aircraft developer Archer Aviation has published an image of its piloted four-seat production aircraft, which it’s named “Midnight”.
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NewsUkraine claims numerous Russian aircraft destroyed in Crimea airbase explosions
Ukrainian military authorities say that some 10 aircraft were destroyed in the recent explosions at a Russian-controlled airbase, but stopped short of claiming responsibility.
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NewsSpirit blames slower recovery on air traffic control issues in Florida
Spirit Airlines is blaming its slower post-Covid recovery in part on air traffic control staffing issues in its home state of Florida.
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NewsLATAM benefits from easing of travel restrictions in Q2
LATAM Airlines Group benefited from increased passenger demand during the second quarter of 2022 as numerous Latin American countries relaxed travel restrictions, making travel easier than it has been for two years.
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NewsJoby expands military partnership in eVTOL development
The California developer of electric vertical take-off and landing (eVTOL) aircraft says a modification to its existing contract under the US Air Force’s Agility Prime programme is worth $45 million.
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NewsBoeing resumes 787 deliveries, handing aircraft to American Airlines
American Airlines has taken delivery of the first Boeing 787 Dreamliner to leave the production line after the US aviation regulator green-lighted the airframe following a 21-month pause
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NewsUnited pays first installment of $10m to Archer for air taxis
United Airlines has paid air-taxi developer Archer Aviation $10 million in a first installment on its conditional order with the start-up, representing what the companies say is a “watershed moment” for the electric vertical take-off and landing (eVTOL) industry.
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NewsBeta ALIA becomes latest eVTOL to secure Bristow custom
Helicopter operator Bristow Group is ordering up to 55 eVTOL aircraft, further cementing its venture into the emerging electric aviation sector. The company has signed for US firm Beta Technologies’ ALIA-250 which will be capable of accommodating a pilot and five passengers. Bristow’s agreement for five firm and 50 optioned ...
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AnalysisRetrofit momentum continues as older aircraft re-energised with new power
Deals disclosed at recent Farnborough air show underline continued interest in transplanting new powertrains into existing airframes as a fast and affordable way to cut emissions and reduce maintenance costs.
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NewsTUI blames UK flight-disruption costs for third-quarter losses
Leisure company TUI would have generated positive third-quarter earnings but for the operational disruption to its flights, mainly at UK airports, during the period. TUI puts the cost of flight disruption at €75 million ($76 million) but states that the resulting EBIT loss of €27 million for the three months ...
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NewsAvianca seeks urgent integration of financially-pressured Viva
Colombian operator Avianca is seeking to accelerate closer ties with Latin American low-cost carrier Viva, in order to protect the budget airline. Avianca has requested authorisation from the Colombian civil aviation regulator to integrate Viva over concerns about Viva’s ability to compete in the face of increased financial pressures. Viva ...
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NewsCathay Pacific cuts losses despite ‘particularly unfavourable’ start of year
Cathay Pacific Group narrowed its losses for the six months to 30 June on the back of a significant jump in passenger travel revenues, despite what it calls a “particularly unfavourable” operating environment at the start of the year.
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NewsTaiwanese carriers remain in the black amid rising costs
Taiwan’s two largest carriers were profitable in their second-quarter financial results, even as costs and expenses continued to steadily increase.
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NewsRussian airbase in occupied Crimea rocked by explosions
The strategically important Black Sea peninsula was annexed by Russia in 2014 and is home to air fields and naval bases.
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NewsChinese aircraft continue heavy activity around Taiwan as Beijing extends military exercises
The island nation’s defence ministry says dozens of Chinese military aircraft are still operating around the disputed territory, with Beijing extending its exercises in the area.
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NewsASL takes full control of maintenance firm X-air Services
ASL Holdings has taken full control of X-air Services, the Belgian MRO joint venture it co-owns with Sabena Technics.