All news – Page 1011
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NewsAzul spools up for speedy recovery
Brazil’s Azul posted a profit in the fourth quarter of 2020 and is preparing for a stronger-than-industry-average recovery, especially across its domestic network and cargo operations.
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NewsEIB bankrolls Safran’s next-generation narrowbody engine research
Safran has secured a credit line of €500 million ($600 million) from the European Investment Bank (EIB) to fund research into “innovative propulsion systems” for the next generation of single-aisle airliners.
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NewsEtihad operating loss more than doubles in 2020
Etihad Airways has accelerated restructuring efforts after its core annual operating loss more than doubled to $1.7 billion in 2020.
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NewsLufthansa chief says fleet and failures can offset corporate travel slump
Fleet adjustments and the failures of other airlines are likely to offset the impact of an accelerated fall in demand from business travellers in the coming years, according to Lufthansa Group chief executive Carsten Spohr.
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NewsUS government temporarily suspends UK tariffs in shift to resolve Airbus-Boeing spat
Signs have emerged of a shift in the effort to resolve the long-running transatlantic civil aircraft subsidies dispute, after the US and UK governments agreed to suspend tariffs for four months. The measure follows the UK’s unilateral suspension of tariffs at the beginning of January. Both sides have since jointly ...
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NewsVistaJet parent increases US footprint with Apollo Jets acquisition
Vista Global – the parent of the largest European-owned private jet company, VistaJet – has expanded its US operations with the acquisition of brokerage Apollo Jets. Source: BillyPix Thomas Flohr set up Vista Global three years ago to expand the VistaJet model into new areas It is ...
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NewsWest Atlantic ATP veered off runway as crew botched crosswind landing
Swedish freighter operator West Atlantic has reinforced crosswind training after investigators attributed a significant British Aerospace ATP excursion at Birmingham airport to inexperience and incorrect technique. Although the ATP, arriving from Guernsey on 22 May last year, carried out an initial crabbed approach to runway 33 in windy conditions, the ...
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NewsLufthansa Group fleet fell by six aircraft in 2020, but dozens will follow
Lufthansa Group’s fleet was just six aircraft smaller year on year on 31 December 2020, as it made tentative steps towards a much larger reduction.
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NewsSpirit chief bets on A320neos and A321neos for capacity growth
Spirit Airlines continues to target mid-2021 as the inflection point when its capacity returns to pre-pandemic levels and is betting on new Airbus A320neo and A321neo aircraft for its expansion plans, two executives from the carrier said during an online discussion on 3 March.
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NewsSouth Korea outlines broad-based support for aviation industry
The South Korean government has outlined broad measures to support and eventually revitalise the local aviation industry. For airlines, these are focused on capturing synergies.
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NewsHope lies in leisure and cargo as Lufthansa suffers 2020 loss of €6.7bn
Lufthansa Group is prepared to offer up to 70% of its pre-crisis capacity from the coming summer season, as it reports its latest steps towards emerging from the pandemic as a structurally smaller operator.
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NewsATR stands by regional ambitions in Asia-Pacific
After a challenging 2020 in the Asia-Pacific, turboprop maker ATR stands by its perspective on the importance of regional connectivity.
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InterviewSriLankan Engineering ready to resume growth overseas
Despite the industry-wide upheavals caused by the coronavirus pandemic, SriLankan Engineering is hopeful of its chances to grow overseas, more than five years since its last foreign venture.
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NewsSpaceX Starship lands upright, then explodes
SpaceX’s Starship Serial Number 10 (SN10) prototype rocket landed safely under its own power after a test flight that took it to an altitude of 33,000ft. Eight minutes later, it blew up.
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NewsSky Regional to cease operations end-March: reports
Sky Regional airlines will cease to operate from 31 March after Air Canada transferred all of its Air Canada Express flying to Jazz Aviation, according to numerous reports in Canadian media.
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NewsUS Navy researching hypersonic anti-ship missile ‘Screaming Arrow’ for F/A-18E/F Super Hornet
The US Navy is researching what it would take to develop an air-breathing hypersonic anti-ship missile that could be carried and launched from the Boeing F/A-18E/F Super Hornet.
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NewsSouth Sudan leader grounds Supreme Airlines after L-410 crash
South Sudan’s leader has ordered the suspension of local operator South Sudan Supreme Airlines after the fatal crash of a Let L-410 turboprop. President Salva Kiir Mayardit says he is directing the ministry of transport and the civil aviation authority to “suspend” the carrier’s operations. “This measure is necessary for ...
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NewsVolocopter grabs €200m in Series D funding
German urban air mobility developer Volocopter has raised another €200 million in Series D funding as it pushes toward certification of its VoloCity autonomous, electric vertical take-off and landing (eVTOL) passenger drone aircraft.
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NewsNetJets takes purchase rights for 20 Aerion AS2 supersonics
Fractional aircraft ownership company NetJets has thrown its support behind Aerion’s AS2, acquiring rights to purchase 20 of the in-development business jets.
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NewsRyanair chief says profitability might return for year after next
Ryanair could return to profitability in the fiscal year ending 31 March 2023, but only under a scenario featuring “continued success” of the vaccine rollout programme.