All news – Page 777
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NewsBrazil’s Embraer full-year revenue rises 11% to $4.2bn in 2021
Brazilian airframer Embraer ended 2021 on a high note, posting total revenue of $4.2 billion, up from $3.8 billion in 2020.
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NewsUS rejects transfer of Polish fighter jets to Ukraine
The US Department of Defense has ruled out transferring 23 Polish MiG-29 fighter jets to Ukraine, calling the idea “high-risk” and fearing it could raise tensions in the region.
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NewsUS government explores logistics of Polish fighter jet transfer to Ukraine
The US government is speaking to its NATO allies about an offer by the government of Poland to transfer some of its fighter jets to Ukraine, as the back-and-forth on the transaction continues.
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NewsAvelo to expand from New Haven
US start-up discount carrier Avelo Airlines continues to expand out of New Haven in Connecticut, with plans to add routes from the city to three destinations.
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NewsSpirit picked for CityAirbus NextGen wing work
Airbus has selected Spirit AeroSystems to design and manufacture the wing for its CityAirbus NextGen urban air mobility vehicle.
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NewsLATAM on ‘improving trajectory’ as it works through reorganisation
LATAM Airlines Group posted a fourth-quarter loss but sees its business on “an improving trajectory” as it aims to exit bankruptcy protection process later this year.
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NewsSikorsky waits on demand return as it seeks new home for S-92
Sikorsky hopes to have found a new permanent home for the S-92 heavy-twin before demand from the offshore oil and gas market for new helicopters returns, a milestone the airframer anticipates in 2025.
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NewsLufthansa Technik on course for part-divestment in 2022 as it returns to profit
German MRO unit expects return to pre-pandemic levels for industry by 2023, but warns of impact of Russia’s Ukraine invasion
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NewsVietnam’s Sun Group to establish private air charter arm
Vietnamese leisure and infrastructure investment firm Sun Group is to establish a new luxury business aviation company, offering a range of aircraft types. The company will be known as Sun Air and will specialise in private jet charter and aircraft management. Sun Air will initially operate a pair of long-range ...
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NewsGlobal air cargo markets already disrupted by Ukraine conflict: IATA
Global air cargo markets are already feeling the effects of the Russia-Ukraine conflict, according to IATA, although it is too soon to assess the depth of the impact.
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NewsSmartLynx to take A330 converted freighters through ATSG agreement
Wet-lease specialist SmartLynx Airlines is to introduce converted Airbus A330-300 freighters, stepping up to the long-haul jets having already started bringing in A321 cargo aircraft. The company has agreed with Air Transport Services Group to acquire six modified A330s under a six-year lease. SmartLynx will take delivery of the first ...
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NewsCathay swings back to cash burn amid tightened restrictions
Beleaguered Cathay Pacific Group has swung back to a cash-burn position as the Hong Kong government’s tightening of coronavirus restrictions significantly crippled airline operations.
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NewsAirbus long-haul activity weakens but A220 sales prove buoyant
Airbus’s long-haul orders sank further into negative territory during February, although strong single-aisle sales – particularly for the A220 – left the airframer with positive net orders for the first two months of the year. Twenty A330-900s assigned to unidentified customers have been removed, Airbus’s latest backlog figures reveal. Although ...
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NewsCathay chairman stresses that carrier will survive
Cathay Pacific chairman Patrick Healy has expressed his “utmost confidence” that the embattled airline — and its home city of Hong Kong — are able to survive the pandemic crisis.
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NewsCargo helps Cathay Pacific narrow 2021 losses
Embattled Cathay Pacific Group significantly narrowed its losses in 2021, with its cargo business doing “exceptionally well” in the second half.
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NewsTask saturation caused Saab 340B crew to miss falling airspeed
A stick shaker activation on a Saab 340B operated by Australia’s Regional Express (Rex) highlights the dangers posed by task saturation in the cockpit, says the Australia Transport Safety Bureau (ATSB).
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NewsIndia, Malaysia to reopen borders in coming weeks
India and Malaysia are set to reopen their international borders, allowing foreign visitors from any country to enter.
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NewsPentagon slaps down Polish MiG-29 jet offer to Ukraine
The US Department of Defense (DoD), taken by surprise by Poland’s announcement that it would offer its RAC MiG-29 fleet to Ukraine via a formal transfer to the USA in Germany, says the plan is “not…tenable” and “raises serious concerns”.
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NewsCAE halts training and support for Russian carriers
Canadian flight training company CAE has suspended services and training to Russian airlines and aircraft operators amid that country’s invasion of neighbouring Ukraine.
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NewsPoland offers MiG-29 fighters for use by Ukraine, wants used US jets in return
Poland has offered its entire RAC MiG-29 fleet to the USA – to pass on to Ukraine to aid in its defence against Russia’s invasion – in exchange for used fighter jets, and encourages other NATO allies to do the same.