All news – Page 1071
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NewsTransat warns of ability to remain ‘going concern’, eyes Air Canada lifeline
Transat AT, owner of Canadian leisure carrier Air Transat, has warned investors about its ability to remain in business “as a going concern” if a planned acquisition by Air Canada falls through.
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NewsFAA clears pilots to receive Pfizer vaccine
The Federal Aviation Administration is allowing pilots to receive Pfizer’s Covid-19 vaccine, so long as they wait 48h before returning to the cockpit.
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NewsCroatia Airlines to receive Kn600m through capital injection and loan
Participants in a Croatia Airlines extraordinary assembly have approved an increase in the airline’s share capital through the issue of new shares to the Croatian government. The decision was made during the assembly on 14 December. Under the measure 35 million ordinary shares will be issued, with a nominal value ...
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NewsAirAsia X plans stock issue to raise funds while cutting share capital
Long-haul budget carrier AirAsia X is planning to broaden the extent of a planned capital reduction, and raise additional funding through a new share issue. AirAsia X aims to raise RM300 million from current shareholders plus another RM200 million from new investors – a total of RM500 million ($123 million). ...
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NewsTamarack calls attention to factors contributing to a 2019 Cessna CJ1+ incident
Winglet maker Tamarack Aerospace is stressing that several factors other than erroneous deployment of a control surface contributed to a 2019 incident involving a Cessna Citation CJ1+.
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NewsMontreal’s aerospace industry to partner with Nagoya’s aviation cluster
Quebec’s aerospace industry has partnered with the aerospace cluster in Japan’s Aichi prefecture, home to Japanese aerospace company Mitsubishi Aircraft in the industrial city of Nagoya.
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NewsCorsair secures state aid as Intro and TUI sell stakes
The Europe Commission has approved €136.9 million ($166 million) in state aid for French leisure carrier Corsair.
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NewsVirgin Atlantic cancels launch of Delhi and Mumbai flights from Manchester
Virgin Atlantic has cancelled the launch of services between Manchester airport and the Indian cities of Delhi and Mumbai. “We are continuously reviewing our flying programme and in response to the ongoing impact of Covid-19 we have made the difficult decision to withdraw our Manchester to Delhi and Mumbai services, ...
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NewsElbit secures Romanian IAR-99 avionics contract
Elbit Systems has been awarded a contract worth $27 million for its role in a project to upgrade the Romanian air force’s IAR-99 Standard jet trainers.
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NewsReturn of 737 Max marks just one of Boeing’s comeback challenges for 2021
Boeing’s troubles are far from solved, but the events of 18 November 2020 at least cleared a cloud that had overshadowed the Chicago airframer for 20 months.
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NewsAzores’ SATA faces extensive restructuring as financial aid ruled illegal
Azorean carrier SATA Air Acores is facing the prospect of substantial restructuring after European regulators declared that a previous government’s capital injections to the company amounted to illegal state aid. The Portuguese archipelago’s secretary for finance, Joaquim Bastos e Silva, has disclosed during a legislative assembly that nearly €73 million ...
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NewsFrance launches future aircraft carrier design work
Paris has begun the process of designing a replacement for its nuclear-powered aircraft carrier Charles de Gaulle.
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NewsProbe traces ATR terrain alert to wrong airport's weather data
Canadian investigators have traced an unexpected ground-proximity warning on a domestically-operated ATR 42-300 to an altimeter setting error triggered by an incorrect weather-data transmission. The First Air aircraft (C-GSRR) had been operating a service from Iqaluit to Pangnirtung on 9 December, according to Transportation Safety Board of Canada. While en ...
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NewsHSBC sees vaccine supporting Asia-Pacific air freight rates
HSBC expects vaccine distribution to support cargo rates at Asia-Pacific carriers in 2021, with Cathay Pacific, China Airlines, Korean Air, and China’s ‘big three’ to be the main beneficiaries.
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NewsAustralia, New Zealand to have another go at travel bubble
New Zealand and Australia could announce a travel bubble in early 2021, but plans are tempered by fears of a possible Covid-19 resurgence.
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NewsMoscow air show MAKS to proceed despite Paris 2021 axe
Organisers of the Russian MAKS-2021 Moscow air show are pressing ahead with the event despite the cancellation of the Paris air show, due to be held a month earlier. The Russian show is scheduled to be held on 20-25 July next year at the Zhukovsky airfield. Organiser Aviasalon claims that ...
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NewsUS Navy’s Next Generation Jammer Low Band to enter EMD phase
The US Navy cleared its Next Generation Jammer Low Band (NGJ-LB) programme to enter the engineering and manufacturing development (EMD) acquisition phase on 8 December.
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NewsUS passenger airlines’ employment dips to lowest level in at least 30 years
Scheduled US passenger airlines cut almost 37,000 jobs in the one-month period ending mid-October, bringing that sector’s employment to the lowest level in at least 30 years, US government data shows.
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NewsRolls-Royce continues Trent XWB blade-wear tests
Rolls-Royce has completed inspections of high-cycle Trent XWB-84 engines for premature wear on intermediate-pressure compressor blades, but has yet to fully determine the cause.
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NewsPortuguese government outlines fleet and job cuts to restructure TAP
Portugal’s government has indicated that a restructuring of flag-carrier TAP should involve a reduction of fleet capacity, and the cutting of 2,000 personnel. The carrier group has over 100 aircraft, including its regional division Portugalia, but the Portuguese infrastructure minister Pedro Nuno Santos, speaking during a briefing on the restructuring, ...