All news – Page 427
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NewsFinally steady Air Canada makes C$1.25 billion third-quarter profit
Air Canada’s slow and painful recovery from the Covid-19 pandemic appears mostly in the rear-view mirror as the carrier reports reaching more stable ground during the third quarter.
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NewsSaudi regulator sets out framework to give airlines and airports economic flexibility
Saudi Arabia’s civil aviation authority has adopted new economic regulations intended to raise air transport sector performance through competition and transparency, as part of Saudi efforts to transform the country into a global passenger and freight hub. The framework, centred on three areas, aligns with the kingdom’s ambitious Vision 2030 ...
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NewsIAG positive on outlook but ‘mindful’ of geopolitical issues
While IAG gave relatively little away in terms of its full-year guidance after posting a strong set of third-quarter profits, this perhaps reflects confidence in the return of the fundamentals of the business more than a lack of visibility. IAG lifted operating profits 43% to €1.75 billion ($2.05 billion) in ...
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NewsKorean Air orders 20 more A321neos
Korean Air has increased its Airbus A321neo orderbook, committing to 20 additional narrowbodies as part of fleet renewal plans.
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NewsFrench general underlines importance of stealth, manoeuvrability for NGF
A French general has underlined that the New Generation Fighter (NGF) being developed by France, Germany and Spain will rely heavily on stealth and manoeuvrability, even though it will be far more than a traditional fighter aircraft.
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NewsQantas adds Paris, Shanghai to network; airlines ramp up Japan-Korea flights
Qantas is expanding its international network, while other Asian carriers resume more international flights after the pandemic.
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NewsHAL to produce ring forgings for CFM Leap programme
Hindustan Aeronautics (HAL) and Safran Aircraft Engines have entered a memorandum of understanding for the indigenous production of commercial engine parts.
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NewsQantas refutes regulator’s ‘ghost flights’ allegations in lawsuit defence
Qantas has refuted claims by Australia’s competition watchdog that it misled its customers by selling seats on flights that never took off, charging that the regulator’s lawsuit “ignores the realities” of the airline sector.
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NewsChina Southern swings to nine-month profit as other Chinese carriers narrow losses
China Southern Airlines returned to the black in its nine-month financial results, continuing its streak of profitability since China swung open its international borders and eased pandemic restrictions.
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NewsAir France going CDG-only as Orly exit frees space for Transavia expansion
Air France’s recent announcement that it will end domestic flights at Paris Orly airport by 2026 marks what could be the final step towards the Air France-KLM Group having clearly differentiated operations at the Paris capital’s two main airports.
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In depthUS strikes targets in Syria after attacks on American bases
Without revealing how the operation was carried out, the Pentagon says it has struck targets in eastern Syria, including sites used by Iranian military operatives, after militant groups in the area attacked American bases in the area, injuring more than 20 US personnel and killing one contractor.
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NewsRussian developer starts shipping domestically-built avionics for MC-21
Russian state technology corporation Rostec has shipped the first domestically-built avionics equipment for the Yakovlev MC-21. The equipment – system control panels and lighting for the cockpit – has been developed by radio-electronic specialist KRET’s Ulyanovsk instrumentation design bureau. Russia’s government has been pursuing a programme of import substitution, to ...
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NewsNorway orders six MH-60R Seahawks from Sikorsky to replace NH90s
Oslo’s purchase of Seahawk helicopters for the Norwegian coast guard comes just weeks after Madrid signed a deal with Sikorsky to supply MH-60Rs for the Spanish navy.
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NewsCFM spare part sales boost Safran third-quarter revenues
Strong aftermarket demand for CFM International CFM56 spare parts on the back of increased single-aisle utilisation helped Safran to revenues of €5.8 billion ($6.1 billion) in the third quarter.
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NewsClarity on Lisbon airport important in TAP bid decision: Air France-KLM chief
Air France-KLM is seeking clarity on plans for new airport capacity in Lisbon, as it considers its involvement in the privatisation of flag-carrier TAP Air Portugal
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NewsAirbus details range expectations from latest A350-1000 weight increase
Airbus expects the range of its A350-1000 to increase by around 180nm following a hike in the twinjet’s maximum take-off weight. The airframer is raising the take-off weight to 322t – an increase of 3t – and says this will stretch the aircraft’s range to some 8,900nm at maximum passenger ...
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NewsLufthansa Group carriers aim to source 2,000 pilots over next two years
Lufthansa Group is aiming to recruit more than 2,000 pilots over the next two years in order to meet increasing demand. The company – which is commencing services with its new City Airlines operation next year – has embarked on a promotional campaign to source more cockpit crew. Lufthansa Group ...
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NewsAir France-KLM foresees ‘biggest benefits’ from SAS joining transatlantic JV
Air France-KLM sees SAS’s eventual membership of its transatlantic joint venture as the “biggest benefit” from its investment in the carrier, arguing that the Scandinavian operator has been “held back” from from fully capitalising on its strengths.
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AnalysisUAE ramps up SAF ambitions ahead of Dubai air show and COP28
Dubai will next month host two major global events which are likely to underline the UAE’s ambition to be a significant player in the supply of renewable energy, particular sustainable aviation fuel.
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NewsIAG carriers top pre-Covid levels as group posts Q3 profit of €1.7bn
IAG posted a 43% jump in operating profits to €1.75 billion ($2.05 billion) for the third quarter on continued strong demand which drove passenger revenues up a fifth for the period.