All news – Page 728
-
NewsStabilising Swiss opts to terminate state-backed loan early
Swiss has ended a government-guaranteed bank loan three years early, having only ever used half of the proceeds available to the Lufthansa Group carrier. The airline says the pandemic situation – which triggered the need to prop up liquidity – is “now more stable” and that “positive trends” have emerged ...
-
NewsChangi Airport eyes full recovery by year-end as Terminal 4 to reopen in September
Singapore’s Changi Airport is to resume operations at Terminal 4 in September, more than two years after shutting it indefinitely at the onset of the coronavirus pandemic, as it eyes full traffic recovery to pre-pandemic levels by the end of the year.
-
NewsA320 thrust rollback on serviceability flight traced to overspeed-protection valve
UK investigators believe a thrust rollback on an Airbus A320, after which the affected engine would not respond to control inputs, resulted from inadvertent activation of a fuel-control protection valve. But the inquiry says the issue – which has occurred previously on some International Aero Engines V2500 powerplants – has ...
-
NewsNorway axes NH90 helicopter fleet and demands refund in latest blow to NH Industries
Norway has terminated its contract with NH Industries (NHI) and will return the 13 NH90 helicopters so far delivered, and is also demanding a full refund of the NKr5 billion ($500 million) it has spent on their acquisition.
-
NewsHAECO, Diehl partner for narrowbody cabin upgrades
HAECO’s cabin solutions unit has teamed up with Diehl Aviation on three cabin product upgrades for narrowbody aircraft.
-
NewsGaruda offers to replace liabilities with new bonds, equity
Garuda Indonesia has offered to replace current liabilities with $1.13 billion in new bonds and equity.
-
NewsAir New Zealand further trims full-year loss forecast
Air New Zealand has cut – for a second time – its full-year loss forecast, amid an uplift of travel demand following the country’s border reopening.
-
NewsMore than half of major defence programmes behind schedule: GAO
The US Government Accountability Office watchdog says in a new report that half of major defence programmes it examined are experiencing delays, including high-profile aircraft programmes.
-
NewsAir taxi certification times could be unrealistic: US government report
A US government report suggests certification of electric air taxis could take longer than some manufacturers are promising, citing formidable hurdles yet to be overcome.
-
NewsTransat recovers fiscal Q2 revenue, sees further improvement this summer
Transat AT, parent of Canadian holiday specialist Air Transat, reports stronger fiscal-year second quarter results and is expecting summer travel to return to near-normal levels.
-
NewsBoeing wins deal to install anti-ship tech on US and Australian jets
Boeing has been awarded a nearly $40 million contract by the US Navy to supply several dozen anti-surface warfare sensor systems for American and Australian aircraft.
-
NewsGKN eyes doubling of Airbus narrowbody content through Wing of Tomorrow effort
GKN Aerospace is hopeful that its participation in the Wing of Tomorrow research programme will see it eventually double the value of aerostructures content it provides on each Airbus narrowbody.
-
NewsComair on the brink after failing to secure fresh funding
Grounded South African operator Comair is set to be liquidated as the carrier’s administrators have concluded there is “no reasonable prospect” it can be rescued after failing to secure the necessary additional funding.
-
NewsConnect Airlines plots expansion with up to 100 hydrogen-powered ATR 72s
Proposed US start-up carrier Connect Airlines is ordering 75 converted ATR 72-600 turboprops, which will be fitted with hydrogen-fuelled powertrains. The firm agreement with Universal Hydrogen also covers an additional 25 converted aircraft. Universal Hydrogen was founded by former Airbus chief technology officer Paul Eremenko, and has an advisory board ...
-
NewsST Engineering, Safran ink multi-year CFM56 engine support agreement
ST Engineering’s commercial aerospace unit has entered into an agreement with Safran Aircraft Engines to provide engine maintenance offload for CFM56-5B and -7B engines.
-
NewsAkasa reaches sale-and-leaseback pact for initial 737 Max fleet
Indian start-up carrier Akasa Air has entered a sale-and-leaseback agreement covering five Boeing 737 Max 8 jets. The airline has reached the deal with Griffin Global Asset Management. Delivery of the 737s is scheduled to commence in June and the lessor says the agreement covers several of Akasa’s initial aircraft. ...
-
NewsIndonesian air travel recovering, but faces big challenges: whitepaper
While Indonesia’s air travel market is recovering from the coronavirus pandemic, several challenges confront the country’s airlines.
-
NewsATR execs size up big potential in Japanese regional market
ATR has outlined big ambitions for the Japanese market, anticipating significant ATR fleet growth in the next few years.
-
NewsUSMC MV-22B Osprey crashes in California
The US military has confirmed that a Bell Boeing MV-22B Osprey aircraft has crashed in California.
-
NewsDoD releases inflation guidance as aerospace contractors face rising costs
A memo released by the assistant secretary of defence for acquisitions specifies that so-called ”economic price adjustments” should be fair to both the government and suppliers.