All news – Page 1005
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NewsEmbattled Cathay Pacific sees February traffic weaken further
Cathay Pacific expects to carry few than 600 passengers a day in March, while operating a “skeleton passenger flight schedule”, as new crew quarantine measures introduced by the Hong Kong government kick in.
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NewsVietnam’s central bank proposes $174m loan for flag carrier
Vietnam’s central bank is proposing to offer D4 trillion ($174 million) of loans to help the national flag carrier as it struggles amid the Covid-19 pandemic. The funds will be provided to Vietnam Airlines through credit institutions and refinanced by the central bank, which will not charge interest on the ...
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NewsBOC Aviation’s profit dips by a quarter on record revenue
BOC Aviation’s net profit dropped by over a quarter in 2020 mainly due to the Covid-19 pandemic, although it managed to break the $2 billion revenue barrier for the first time.
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NewsUS Air Force accepts first Boeing F-15EX fighter
The choice to acquire the F-15EX is controversial as the fourth-generation fighter lacks the low radar cross-section of the service’s former favourite jet, the Lockheed Martin F-35 stealth fighter.
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NewsAeroflot approves transfer of 10 737-800s to Pobeda
Aeroflot’s board has approved the transfer of 10 Boeing 737-800s from its fleet to that of its low-cost budget sister carrier Pobeda. The aircraft will be sub-leased from April-June this year according to the board decision, although the possibility of a postponement remains. Aeroflot Group says the lease periods range ...
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NewsAir Transat suspends operations until June
Transat AT, the parent company of Canadian holiday specialist Air Transat, has effectively shut down revenue operations due to the coronavirus mitigation measures imposed by the Canadian government earlier this year.
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NewsEthiopian Max crash probe in final stages: investigators
Ethiopia’s aircraft accident investigation bureau says its inquiry into the fatal Boeing 737 Max 8 crash near Addis Ababa is in its final stages. The accident involving Ethiopian Airlines flight ET302 occurred two years ago, on 10 March 2019, five months after a similar loss in Indonesia – prompting civil ...
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NewsLow-cost carriers urge for long-haul to be included in EU’s SAF mandate
A coalition of short-haul airlines, other aviation organisations and environmental groups are calling on the European Commission to ensure that long-haul flights are included in a forthcoming EU mandate on the use of sustainable aviation fuel.
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NewsStelia shelters suppliers from impact of crisis
Source: Stelia Aerospace Stelia assembles the forward fuselages for all Airbus types
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NewsUnited Airlines chief warns of ‘dramatic’ impact of unchecked climate change
Human-influenced climate change is the “defining issue for our generation to solve”, in the view of United Airlines chief executive Scott Kirby, who says his passion for the subject is behind the carrier’s attempt to become an industry leader on sustainability.
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NewsPandemic freight demand assists pared-back CargoLogicAir
Freight activity catalysed by the pandemic helped UK-based CargoLogicAir last year to improve on a weak performance in 2019, the company has disclosed. The carrier – linked to Russia’s Volga-Dnepr Group – ran into problems in 2020 and sought a temporary suspension of its operating licence, which was subsequently restored ...
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NewsA350-900s to remain exclusively Trent-powered until at least 2030
Rolls-Royce has secured an exclusive position on the Airbus A350-900 for the remainder of the decade, ruling out any immediate prospect of a rival engine manufacturer entering the market for twinjet. The agreement means the Trent XWB will remain the sole powerplant on the A350 until at least 2030. Rolls-Royce ...
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NewsLATAM Airlines eyes Colombia expansion as restructuring continues
LATAM Airlines Group sees opportunities to refocus its attention and resources towards the Colombian market, following the collapse of its Argentinian unit last year.
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NewsSingle Icelandair brand to cover Air Iceland Connect operations
Icelandair Group is bringing its regional carrier Air Iceland Connect under the single brand of the parent airline, in a bid to simplify its operations. The integration will take effect from 16 March, says the company, with the international network of Icelandair being combined with domestic links and the regional ...
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NewsIAI to partner with UAE’s Edge on anti-UAV systems for Gulf market
In the first major industrial collaboration between the two nations’ defence sectors, Israel Aerospace Industries (IAI) is to partner with United Arab Emirates technology group Edge to develop a system to counter the threat of unmanned air vehicles for the UAE and the wider Middle East market. Source: ...
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NewsProgress on Trent 1000 remedies brings down overall in-service costs
Rolls-Royce is expecting overall in-service cash costs relating to Trent 1000 technical issues to fall to £2.1-2.2 billion ($2.9-3.1 billion), down from £2.4 billion, following improved progress on remedial work. The Trent 1000 is an engine option for the Boeing 787 but has been beset by a number of blade-durability ...
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NewsNorwegian files restructuring plan to courts
Low-cost carrier Norwegian has sent its plan for financial restructuring to the Irish and Norwegian courts, as it seeks permission from creditors and shareholders to continue the remodelling of its business and initiate a capital raise.
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NewsWideroe and Rolls-Royce pursue all-electric aircraft based on Tecnam design
Norwegian regional carrier Wideroe has linked up with Rolls-Royce and aeronautics firm Tecnam to develop an all-electric passenger aircraft within the next five years. The aircraft would be suited to the commuter air transport market and enter service in 2026. Wideroe has previously expressed interest in electric regional aircraft projects ...
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NewsCHC to buy Babcock’s offshore helicopter business
Oil and gas helicopter operator CHC Group is to acquire the offshore business of UK-headquartered Babcock for an undisclosed fee.
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NewsRolls-Royce takes £1.3bn charge in fall-out from civil aerospace crisis
Rolls-Royce large engine flying hours were down by 57% last year, while deliveries of such engines almost halved to 264. The powerplant manufacturer disclosed the full-year impact of the air transport crisis as it turned in a £2.6 billion ($3.6 billion) underlying operating loss from its civil aerospace division. Production ...