All news – Page 1027
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NewsDAE chief hails ‘terrific’ year despite Covid-19
Aircraft lessor and MRO provider Dubai Aerospace Enterprise enjoyed a “home-run year” in 2020, chief executive Firoz Tarapore has asserted, as its diversified customer base and strong liquidity position softened the impact of the pandemic.
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NewsArcher to go public as United partners with view to 200-strong eVTOL order
Palo Alto-based air taxi developer Archer has secured a $1 billion aircraft commitment from United Airlines and unveiled a plan to become a publicly traded company worth $3.8 billion.
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NewsAir Arabia limits full-year loss with profitable final quarter
Air Arabia has managed to achieve a second profitable quarter for 2020, enabling it to contain its full-year net loss to Dhs192 million ($52 million). It turned in a fourth-quarter surplus of Dhs20 million, despite a 53% reduction in revenues, having also been profitable in the first. While the fourth-quarter ...
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NewsPre-Covid hub and fleet plans still hold up: Emirates chief
Emirates Airline will bounce back strongly from the Covid-19 crisis without any fundamental changes to its business model, according to the operator’s president Tim Clark, with its mix of widebody aircraft enabling it to take advantage of likely supply-side shortages in the coming years.
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NewsSubtle thrust-lever shift may have caught out Sriwijaya 737 crash crew
Preliminary findings from the Sriwijaya Boeing 737-500 crash probe increasingly support an in-flight upset scenario in which the crew was suddenly caught out by the insidious development of an asymmetric thrust condition. No conclusions have been drawn over the 9 January accident. But the highly-unusual retardation of a single throttle ...
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NewsVirgin Atlantic expects early-summer passenger demand recovery
UK carrier Virgin Atlantic has written off the normally busy Easter travel season and now expects a recovery in passenger numbers to begin in May-June, chief executive Shai Weiss has indicated. Noting that he has been forced to repeatedly push back his expectations for a recovery in travel demand, Weiss ...
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NewsEthiopian reports lack of progress in SAA joint-venture talks
Ethiopian Airlines is making slow progress with talks regarding cooperation with South African Airways, according to the former’s chief executive Tewolde Gebremariam.
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NewsIATA health passport app to roll out with 20 airlines
Carriers back app which allows passengers to store and share Covid-19 vaccine and test records, and could be key to reopening international travel
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NewsEthiopian Airlines may resume 737 Max operations in July
African carrier Ethiopian Airlines is satisfied with modifications made to the flight-control system of the Beoing 737 Max and may bring the type back into service in the upcoming summer season, according to the carrier’s chief executive Tewolde Gebremariam.
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NewsThrust lever asymmetry emerges in Sriwijaya 737 crash inquiry
Indonesian investigators will focus their attention on the autothrottle system of a Sriwijaya Air Boeing 737-500 that crashed into the sea minutes after taking off from Jakarta, after revealing a thrust-lever asymmetry developed during the flight.
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NewsMesa defers revenue from mainlines amid $27m first-quarter profit
The parent company of Mesa Airlines reported an operating profit of $27 million during its first quarter of 2021 as it plans to continue to allow its mainline customers to defer payments to aid their recovery during the ongoing coronavirus pandemic. The Phoenix-based regional carrier’s operating profit was roughly flat ...
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NewsIndiGo’s parent settles case with securities regulator
Indian low-cost carrier IndiGo’s parent Interglobe Aviation has agreed to pay Rs21 million ($288,000) to India’s securities regulator to settle a case involving compliance violations.
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NewsIHI’s 9-month results portray weak engine market
Japanese firm IHI continues to see weakness in its civil aircraft engines business, and warns that a full recovery is some years away.
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NewsWhy Boeing needs to work quickly on NMA decision
Boeing needs to begin work on a design for a planned new mid-market aircraft (NMA) if it is to remain competitive against Airbus, says an aviation analyst at the annual Pacific Northwest Aerospace Alliance conference, being held virtually this year.
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NewsChinese airlines saw 60% plunge in January passenger traffic
Airlines in China carried fewer passengers in January, amid a resurgence of local coronavirus cases that threaten to upend recovery momentum.
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NewsIndiGo appoints new CFO
India low-cost carrier IndiGo has appointed Jiten Chopra as its new chief financial officer, following the resignation of Aditya Pande.
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NewsAAPA sees vaccine egalitarianism as the key to reviving tourism
It will be difficult to reopen borders for tourism until most of the world’s population has been vaccinated, and the disparity between developed and emerging economies could potentially hamper progress, the Association of Asia Pacific Airlines (AAPA) has warned.
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NewsJamaica Defence Force to buy six Bell 505 helicopters
The Jamaica Defence Force has signed a purchase agreement with Bell to buy six Bell 505 helicopters.
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NewsBoeing’s backlog slips by 39 jets in January
Boeing’s backlog of commercial aircraft declined by 39 aircraft in January, though the company did receive new orders during the month for four 747-8 Freighters.
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NewsAllegiant announces 34 new routes
Allegiant Air will launch 34 new nonstop routes to domestic leisure destinations as the airline continues to plan for customers to return in larger numbers during the summer travel season.