All news – Page 753
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NewsLatin carriers Avianca and Viva strike joint ownership deal
Owners of Avianca and the low-cost operator Viva have struck a deal to to form a joint holding company in a move to provide greater financial stability for the Latin American carriers post-pandemic.
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NewsNorse Atlantic opens bookings with JFK route starting mid-June
Scandinavian start-up Norse Atlantic Airways has commenced ticket sales for transatlantic services, with the initial flight from Oslo to New York JFK set to take place on 14 June. Norse Atlantic will also open flights to Los Angeles, Orlando and Fort Lauderdale. It says the beginning of ticket sales “marks ...
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NewsSAS struggles to obtain stakeholder backing for crucial transformation
SAS remains downbeat over progress with its ambitious transformation plan, with negotiations to overhaul its cost structure failing to yield any breakthrough. The Scandinavian operator says the ‘SAS Forward’ plan is “entirely dependent” on deleveraging the company and raising “significant amounts” of new equity. It says it needs to the ...
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NewsEmbraer maintains course for turboprop launch, as defence business eyes rebound from Ukraine war
Embraer is still considering the launch of a new turboprop airliner by the beginning of 2023, as development activities on the project continue.
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NewsInvestigators yet to detail power loss behind ZeroAvia M350 forced-landing accident
UK accident investigators have disclosed few additional details of the crash involving an experimental hydrogen-electric Piper M350 a year ago, beyond stating that the aircraft suffered a power loss. The aircraft (G-HYZA) had been modified with an electric motor powered by hydrogen fuel cells, and was carrying out test flights ...
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NewsVietnam A321 flew domestic sector after suffering vehicle collision damage
Vietnamese authorities are said to be investigating why an Airbus A321 was able to continue operating having sustained substantial damage to its aft fuselage, apparently from a forklift vehicle. The Civil Aviation Authority of Vietnam has informed the ministry of transport that the aircraft suffered a fuselage dent beyond permissible ...
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NewsIcelandair revisits hedging as fuel prices weigh on financial figures
Icelandair Group has started rebuilding a fuel-hedging position, suspended during the pandemic, as it notes the effect of fuel prices on its first-quarter performance. The company has turned in a pre-tax loss of $62.5 million and a net loss of nearly $50 million for the three months to 31 March. ...
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NewsVirgin Australia to add four 737 Max 8s amid demand boost
Virgin Australia is to take four Boeing 737 Max 8s – with the first aircraft to enter service from 2023 – more than a year after it cancelled a long-standing order for the variant in favour of the larger Max 10.
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NewsLion Air reactivates stored jets for holiday season, but 737 Max out of picture
Indonesia’s Lion Air is set to return stored aircraft to service during the Eid holiday season, though its fleet of Boeing 737 Max jets will remain parked.
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NewsHAL sets up fatigue testing centre for Tejas Mk1 fighter
Hindustan Aeronautics (HAL) has started airframe fatigue testing work for the Tejas Mk1 Light Combat Aircraft (LCA).
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NewsRAAF A330 MRTT completes refuelling work with Japanese F-2s
Mitsubishi F-2 fighters of the Japan Air Self-Defense Force (JASDF) have conducted a month of air-to-air refuelling trials with a tanker of the Royal Australian Air Force (RAAF).
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NewsIndonesia AirAsia parent cuts 2021 losses despite 61% revenue decline
AirAsia Indonesia narrowed its full-year operating loss, despite a plunge in revenues caused by the coronavirus pandemic.
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NewsSkyWest ‘working with’ charter operators to cover EAS routes
SkyWest Airlines is “working with” charter operators that could take over some of the Essential Air Service (EAS) routes that it intends to cut owing to a shortage of flight deck personnel.
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NewsSkyWest revenue, block hours rise in first quarter
SkyWest Airlines saw revenue and block hours rise as demand for regional services increased during the first quarter.
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NewsFrontier Q1 earnings took hit from Omicron, weather and ATC delays
Ultra-low-cost carrier Frontier Airlines says customer demand is “on a solid path to recovery” after first quarter earnings took a hit from Covid-19’s Omicron variant coupled with air traffic snarls and weather issues in Florida.
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NewsEmbraer swings to Q1 loss, cites one-month production stoppage
Brazilian airframer Embraer lost $32 million in the first quarter of 2022, logging steep declines in military, executive and commercial aircraft revenue.
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NewsComac aircraft not an ‘investable asset’ for Avolon - at least in the short term: Slattery
Chinese airframer Comac may have to wait several more decades before Western lessors back its aircraft, but that point will nonetheless definitely arrive, says Avolon’s chief executive.
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NewsSouthwest Airlines aims to be ‘solidly profitable’ in 2022
Southwest Airlines hopes to be “solidly profitable” for the full year as the company bounces back from a rocky first quarter.
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NewsTextron Aviation’s Q1 profit jumps amid increased aircraft deliveries
Textron Aviation’s first-quarter profit more than doubled year-on-year to $121 million, with the company delivering more aircraft and reporting solid gains in aftermarket revenue.
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NewsBoeing unveils new T-7 Red Hawk jet trainer
Boeing is expected to produce 351 Red Hawk trainer jets for the US Air Force, but the programme faces cost overruns and delays.