All news – Page 743
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NewsEl Al prepares for share issue and finalisation of loyalty loan
Israeli flag-carrier El Al is preparing for a share offering valued at around $62 million, as part of its effort to solidify its financial position. The airline is also finalising discussions with insurance firm Phoenix Group over a $130 million loan against its frequent-flyer programme, and expects to finish the ...
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NewsCMA CGM set to take stake in Air France-KLM under long-term cargo partnership
French logistics firm CMA CGM is to take up to a 9% stake in Air France-KLM as part of new long-term partnership under which they will work together operating their respective air cargo capacity.
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NewsSingapore’s Changi Airport eyes surpassing recovery targets in coming months
Singapore’s Changi Airport could see passenger traffic surpass 50% of pre-pandemic levels in the next few months, as travel demand continues to pick up.
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NewsTurkish Airlines agrees to purchase six A350s
Turkish Airlines has disclosed that it intends to purchase six Airbus A350-900s, which will be delivered over the course of this year and next. The airline has not elaborated on the decision, which it confirmed to the Istanbul stock exchange. Turkish Airlines has 20 A350-900s on direct order of which ...
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NewsThai carriers boost Q1 capacity but big operating losses persist
Thai Airways International, Bangkok Airways, and Thai AirAsia parent Asia Aviation all posted operating losses in the first quarter, even though Covid-19 travel restrictions have started to fall away.
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NewsChina says no official information about China Eastern crash released
China claims that no official information about the China Eastern Airlines Boeing 737-800 crash had been released to media, though it stopped short of denying claims that the crash was intentional.
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NewsIndia conducts air-launched anti-ship missile tests
India has conducted a pair of recent tests highlighting its ability to attack surface vessels from the air.
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NewsATR powers ahead with hybrid-electric Evo
Manufacturer kicks off feasibility studies for new hybrid-electric turboprop variant to deliver 20% fuel-burn saving, with new model to arrive before the end of the decade.
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NewsRecovering El Al looks towards profitability next year
Israeli flag-carrier El Al is working to restore its operation to pre-crisis levels with the intention of shifting to profitability from the second half of 2023. It has posted a $66.3 million net loss for the first quarter of 2022, a 23% improvement on the previous year’s figure for the ...
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NewsAVIC AC313A conducts maiden sortie
AVIC has operated the maiden sortie of its 13t AC313A civil helicopter, which features significant design updates from the original AC313.
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NewsAsiana enjoys record Q1 operating profit amid cargo boom
Asiana Airlines swung to a record operating profit in the first quarter of 2022 as revenues jumped sharply on the back of a strong cargo market.
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NewsChina Southern latest Chinese carrier to cut 737 Max from fleet outlook
China Southern Airlines has excluded the Boeing 737 Max aircraft from its near-term fleet forecasts, the latest in a string of Chinese carriers to do so, amid uncertainty over the type’s return to service in one of Boeing’s key markets.
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NewsMalaysia Airlines, Qatar Airways beef up partnership with codeshare expansion
Malaysia Airlines and Qatar Airways have expanded their codesharing agreement, as the two carriers deepen their long-term partnership.
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NewsJapan takes cautious first step to reopen borders with ‘test tourism’ pilot
Japan is to allow foreign travellers from four countries this month, as part of a “test tourism” pilot ahead of plans for a broader reopening.
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NewsIntentional control input caused China Eastern 737-800 crash: report
US government sources have told the Wall Street Journal that the crash of a Boeing 737-800 operated by China Eastern Airlines was intentional.
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NewsFull border reopening dramatically lifts SIA Group’s April traffic
Singapore Airlines and its low-cost unit Scoot have seen a significant uptick in passenger numbers in April, on the back of a complete easing of travel curbs in Singapore and several parts of the world.
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NewsUnited executive does not foresee changes to USA’s pilot-qualification rule
Comments made by a top US airline executive suggest efforts to ease flight-hour rules for new pilots might lack support from at least one major US carrier.
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NewsJetBlue accuses Spirit of bad faith in negotiations
JetBlue Airways has come out swinging against Spirit Airlines just days after launching its hostile takeover plan in an attempt to beat out Frontier Airlines in the increasingly bitter tug-of-war for the Florida-based ultra-low-cost carrier (ULCC).
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NewsSuccessful test of USAF hypersonic weapon breaks streak of failures
After three previous failures, the US Air Force successfully tested its hypersonic Air-launched Rapid Response Weapon.
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NewsSouth Korea selects Bell 505 for new pilot trainer
The Republic of Korea will procure up to 40 of Bell’s 505 Jet Ranger X helicopters for training army and naval pilots.