All news – Page 766
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NewsIndustry must collaborate to hit net-zero target, says Etihad chief Douglas
Etihad Airways chief executive Tony Douglas has called for the aviation industry to work together with all its stakeholders – including policy makers, regulators and passengers – in order to hit its net-zero goals by 2050.
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NewsQantas targets 25% emissions cut by 2030 in push towards net-zero
Qantas expects to cut emissions by 25% by 2030, as part of a broader goal to achieve net-zero emissions by 2050.
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NewsChina’s ‘Big Three’ prolong loss-making streak as rising fuel costs, restrictions bite
China’s three largest carriers were deep in the red for a second consecutive year, widening their net losses and bucking a trend seen among some of the region’s airlines which have bounced back to profitability.
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NewsAerCap files insurance claim against more than 100 jets held by Russia carriers
Irish aircraft lessor AerCap has filed $3.5 billion worth of insurance claims as compensation for aircraft and aircraft engines that Russian airlines have not returned since Western government slapped Russia with economic sanctions.
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NewsAir Canada re-evaluating strategy for subsidiary Rouge
Air Canada is reconsidering the operational strategy of its discount subsidiary Rouge, a move coming amid heightened low-cost competition within Canada.
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NewsTop providers of air combat training complete merger
Top Aces and Blue Air Training announced the completion of a merger on 30 March.
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NewsBuyer for MD Helicopters emerges as airframer enters Chapter 11 restructuring
US manufacturer MD Helicopters is to be acquired by a creditor consortium led by investment firm Bardin Hill and MBIA Insurance, potentially ending a recent period of turmoil for the Mesa, Arizona firm.
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NewsAir Canada thinks full recovery will extend beyond 2024
Air Canada does not expect to recover fully from the industry downturn until after 2024, though executives insist the airline’s rebound is firmly underway.
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NewsUS team to visit China, assist with China Eastern crash investigation
US accident investigators and representatives from Boeing and the Federal Aviation Administration plan to depart this week for China, where they will assist with that country’s investigation into the 21 March crash of a China Eastern Airlines 737-800.
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NewsDiscrimination, harassment, finances are main barriers facing women in aviation: FAA advisory report
Male-dominated culture, widespread sexual harassment and discrimination, financial barriers to career entry and lack of gender-specific support systems are main reasons women remain significantly underrepresented in aviation and aerospace.
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NewsSAS recruits ex-Finnair finance chief
Scandinavian operator SAS has named Erno Hilden, formerly with Finnair, as the company’s new chief financial officer. He will succeed Magnus Ornberg who is stepping down from the position this spring. Hilden had served as chief financial officer of Finnair until 2015, and had also been the airline’s chief operating ...
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NewsAerCap could list first-quarter impairment against leased fleet in Russia
Leasing giant AerCap is expecting to recognise an impairment on aircraft leased to Russian airlines which the company has been unable to retrieve. It says this impairment could be made as early as the first quarter of this year, but it stresses that it has “not determined the amount”. While ...
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NewsAir France-KLM and other carriers lose legal bid to cut cargo cartel fines
Air France-KLM and a number of other operators have lost a legal bid to challenge fines imposed on them by the European Commission over participation in a pricing cartel for the airfreight market. But the European Union General Court ruling also partly annuls the Commission’s decision concerning several other airlines, ...
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NewsEASA refines fuel-carriage rules to take advantage of better risk analysis
Aircraft operators will be permitted to reduce the amount of fuel they carry during flight operations, under new rules put forward by the European Union Aviation Safety Agency. Carriage of fuel beyond that specifically required for the trip from origin to destination is governed by regulations over contingencies, such as ...
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NewsKenya Airways cuts full-year operating losses by 75%
Kenya Airways slashed full-year operating losses to KSh6.8 billion ($59 million) during 2021, a reduction of 75%. It generated just over KSh70 billion in revenues over the 12 months to 31 December. But passenger numbers of 2.2 million were still 57% down on the pre-crisis figure in 2019, and capacity ...
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NewsRossiya shifts leased aircraft to Russian registry
Aeroflot Group carrier Rossiya is claiming to have completed transfer of operational aircraft in its fleet to the Russian registry. Rossiya says 125 of its aircraft are listed on the register. “In order to minimise the risks of disruption of the flight programme during flights to foreign countries on these ...
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AnalysisC-130J deliveries pass 500 aircraft: we analyse type’s global fleet mix
Lockheed Martin recently delivered its 500th C-130J tactical transport: we look at the global fleet mix for its Super Hercules product.
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NewsAir New Zealand to raise NZ$2.2 billion for post-pandemic recovery
Air New Zealand has rolled out a NZ$2.2 billion ($1.53 billion) recapitalisation package - aimed at boosting its war chest for post-pandemic recovery - as it expects to continue to be loss-making in the near-term.
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NewsP&W partners Air BP for engine tests using full-SAF
Pratt & Whitney has signed a memorandum of understanding with Air BP on the use of 100% sustainable aviation fuel (SAF) for P&W’s engine testing and research.
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NewsIndiGo appoints new finance chief
Indian low-cost carrier IndiGo has promoted Gaurav Negi as its new chief financial officer from 1 April.