All news – Page 863
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NewsNew South Wales government, Sydney Airport dangle A$120 million carrot to attract airlines
The New South Wales government has launched a A$60 million ($45 million) fund aimed at luring back international carriers to Sydney, as the country begins to crack open its borders.
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NewsThai AirAsia parent to raise capital, adjust shareholding in revised restructuring plans
Thailand’s Asia Aviation is set to inject fresh capital into its low-cost airline unit Thai AirAsia, as part of a broader revised restructuring plan that will see significant changes to both companies’ shareholding structures.
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NewsAeromexico shows improved Q3 in line with industry
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline’s position during the third quarter of 2021 continued to improve in line with the global aviation industry.
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NewsUnited Airlines defies Delta variant dip to post $473m profit in Q3
United Airlines reports a small profit during the third quarter of 2021 as bookings bounced back from a Delta-variant-related dip early in the three-month period.
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NewsUS Air Force evaluates possible purchase of Boeing E-7A Wedgetails
The US Air Force has kicked off a study looking at buying the Boeing E-7A Wedgetail airborne early warning and control (AEW&C) aircraft to replace its ageing fleet of Boeing E-3 Sentry aircraft.
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NewsMD-87 crashes during take off from Houston Executive airport
A McDonnell Douglas MD-87 crashed following a runway overrun while attempting to take-off from an executive airport near Houston on 19 October.
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NewsAmedeo backs French 19-seat electric aircraft with preliminary order for 200
Asset management firm Amedeo has reached a provisional agreement to acquire 200 of the 19-seat electric-powered regional aircraft under development by France’s Aura Aero. Amedeo is entering a strategic partnership pact with Aura Aero, which unveiled a facility for electric aircraft development at Toulouse Francazal earlier this year. The developer ...
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NewsUK government SAF pledge welcomed but industry calls for action on cost
A £180 million ($248 million) subsidy from the UK government to stimulate sustainable aviation fuel (SAF) production in the country has been broadly welcomed by the industry, although it is calling for the government to do more to lower the price of the fuel.
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NewsOutgoing Rolls-Royce CTO cautions on challenges of liquid hydrogen
Commercial aviation should not bet solely on liquid hydrogen as a future fuel for medium- or long-haul flights given the significant hurdles that need to be overcome before it can enter widespread service, according to Rolls-Royce’s outgoing technical chief.
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NewsUS pilot shortage ‘acute’ and threat to cost structure: Breeze Airways founder
The co-founder of low-cost carrier Breeze Airways has described the pilot shortage being experienced by US airlines as “acute” and a threat to the industry’s cost structure.
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NewsPortuguese investigators: ‘No accident’ certificates undermine air safety
Portuguese air accident investigation authority GPIAAF is objecting to the requirement for pilots to produce a ‘no accident’ certificate while seeking employment at certain airlines, insisting that such documents are detrimental to air safety. GPIAAF says it is among the investigation agencies being approached by a “growing number of pilots” ...
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NewsHeathrow charges could rise more than 50% under CAA proposals
UK aviation regulators have set an initial range for London Heathrow airport to increase its passenger charges by between 11% and 56% over the next five years, but rejected the hub’s request for a higher rise to offset losses incurred during the pandemic.
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NewsRussian authorities highlight towing risks to cut incidents of aircraft damage
Russian authorities have flagged the risks of ground towing, pointing out that an average of 15 incidents involving damage to aircraft occur each year in the country. Thirteen aircraft have sustained damage over the first nine months of 2021, says air transport regulator Rosaviatsia, which is highlighting various contributors to ...
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NewsAs Asia travel recovery commences, China keeps the walls up
As Asia-Pacific tentatively starts opening to international air travel, Beijing’s tough ‘Zero-Covid’ approach means an air travel recovery will be anything but complete for airlines.
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NewsHong Kong quarantines continue to pummel Cathay passenger traffic
Cathay Pacific has cited Hong Kong’s “strict quarantine requirements” as a key reason for low passenger travel demand into the territory.
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NewsAirAsia X proposes creditors take massive haircut: Reuters
Beleaguered long-haul, low-cost carrier AirAsia X proposes its creditors take a 99.5% debt haircut, so that it can restructure MYR33.7 billion ($8.1 billion) in liabilities.
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NewsRafael aims to push Spike NLOS missile range to 27nm
Rafael is working to increase the range of its helicopter-launched Spike Non-Line of Sight (NLOS) missile to 27nm (50km), an increase of about 10nm over the air-to-ground weapon’s current capability.
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NewsJD Logistics expects over 100 aircraft by 2030 for cargo carrier
China’s JD Logistics foresees its newly formed cargo airline having at least 100 leased or owned aircraft in its fleet by 2030, the company’s chief executive has told Bloomberg TV.
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NewsIsrael’s El Al enters talks over potential acquisition of Arkia
El Al has entered discussions with fellow Israeli carrier Arkia over a possible business combination, the flag-carrier has disclosed. Under the proposed transaction El Al would acquire Arkia shares in exchange for handing its own securities to Arkia shareholders. El Al has not confirmed the size of the transaction or ...
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NewsEmbraer partners with Fokker companies in quest for global partners
Embraer and two Fokker companies have agreed to collaborate to advance projects related to commercial and defence aerospace projects, including aftermarket services.