All news – Page 320
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NewsTrueNoord acquires another batch of regional aircraft from Nordic Aviation Capital
Lessor TrueNoord has taken over a batch of eight aircraft from Nordic Aviation Capital, its third such transaction with the company. TrueNoord says it has completed the acquisition agreement for seven Embraer 190s and a single De Havilland Dash 8-400. The transaction means it has committed to purchasing a total ...
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NewsElysian unveils advisory board drawn from across the ‘aviation ecosystem’
Dutch start-up Elysian Aircraft – which hopes to develop a battery-powered 90-seat airliner called the E9X – has added a swathe of senior executives to its advisory board.
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NewsVertical founder Fitzpatrick relinquishes role as CEO
UK-based Vertical Aerospace has disclosed leadership changes at the top of the company, with founder Stephen Fitzpatrick relinquishing his role as chief executive, to be replaced by the firm’s current finance chief Stuart Simpson.
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NewsRussian regulator tells carriers to consider cabin-heat risk in warm climates
Russian regulators are instructing carriers to take steps to avoid cabin discomfort when operating to destinations in warm climates, after an incident involving an Aeroflot Airbus A330-300 in Bangkok.
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NewsTwenty airlines told to amend sustainability claims in EU ‘greenwashing’ crackdown
Twenty airlines have been told by the European Commission to bring their practices into line with European consumer law, after concerns that they are making misleading claims over sustainability. The notification to the carriers – which have not been identified – follows a multinational examination of claims that carbon dioxide ...
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NewsMTU reaffirms financial outlook for next two years despite PW1000G overhang
Strong commercial engine maintenance revenue and contribution from its share of the EJ200 programme for the Eurofighter Typhoon helped MTU Aero Engines to offset issues with the Pratt & Whitney PW1000G geared turbofan and supply chain challenges in the first quarter.
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NewsMaersk Air Cargo grows footprint with UK licence bid
Maersk Air Cargo has applied for an operating licence from the UK Civil Aviation Authority.
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NewsLufthansa sees revised capacity outlook in line with risk of delivery delays
Lufthansa Group believes it has already factored in the impact of aircraft delivery delays this year after scaling back its capacity growth aspirations.
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NewsAvianca turns first-quarter profit as passenger revenue rises and cargo sags
Colombia’s Avianca reported a $13 million profit in the first quarter, reversing last year’s $12 million loss for the first three months of the year.
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NewsSpohr hopeful of ITA acquisition approval this summer
Lufthansa Group chief executive Carsten Spohr is optimistic it can secure approval for its planned acquisition of Italian carrier ITA Airways this summer amid what he describes as “constructive” talks with European competition regulators.
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NewsPlay finance chief steps down after steering IcKr4.6bn capital raise
Icelandic budget carrier Play’s chief of finance, Olafur Thor Johannesson, is stepping down from his position, resigning just a few weeks after the departure of chief executive Birgir Jonsson. Johannesson will stay in the role until a successor is appointed. New chief executive Einar Orn Olafsson says Johannesson has been ...
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Paid contentBombardier adapts Smart Services for government and special mission customers
Government, medevac, and other special-mission operators of Bombardier Global and Challenger platforms can now access a version of Bombardier’s pioneering cost-per-flight-hour parts and maintenance programmes designed just for them, with the recent unveiling of Smart Services Defense. Source: Bombardier The initiative builds on Bombardier’s 38-year, sector-defining expertise ...
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NewsA400M partners approve ‘game-changing’ TP400 engine support contract
Europe’s OCCAR defence procurement body has signed a contract with Europrop International covering the continued in-service support of TP400 engines powering Airbus Defence & Space A400M tactical transports for the programme’s six launch nations.
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NewsRed Air MD-82 gear-collapse and excursion traced to shimmy-damper valve leak
US investigators have attributed a Red Air Boeing MD-82’s main landing-gear collapse and runway excursion to ineffective shimmy dampening during roll-out, after the jet touched down in Miami.
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NewsGrounded Bonza appoints administrators
Australian budget carrier Bonza has entered voluntary administration after suspending flights earlier on 30 April.
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NewsFinal assembly advances on first F-35A ‘Husarz’ for Polish air force
Poland’s lead Lockheed Martin F-35A has entered the latter stages of final assembly in the USA, as the type has gained the name ‘Husarz’ (Hussar) for service with the European nation. Lockheed on 29 April released images of a first Polish air force F-35A in assembly at its Fort Worth ...
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NewsSwiss first-quarter profit slips as yields decline and costs rise
Swiss International Air Lines cites lower yields, a weaker cargo business, inflation and higher fuel and personnel costs contributed to lower profit for the first quarter of 2024.
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NewsAir France-KLM reports deeper first-quarter loss after operational disruption
Air France-KLM’s operating loss deepened in the first quarter of 2024, as “exceptional” operational disruptions and falling cargo revenue dented the European airline group’s performance.
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NewsLufthansa looks to summer and cost-savings after strike-hit first quarter
Lufthansa Group is taking encouragement from strong summer demand after confirming a financial hit from strike disruption, increased costs, and lower than expected capacity expansion in wider first quarter losses.
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NewsAsia-Pacific carriers ride wave of travel demand in March: AAPA
Asia-Pacific airlines continued to enjoy strong international growth in March, with leisure and business travel surging.