All news – Page 910
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NewsTransatlantic ‘already leading the recovery’ of Lufthansa long-haul business
The opening up of many European countries to non-essential travellers from the USA has kick-started a significant recovery in Lufthansa Group’s transatlantic passenger traffic.
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NewsRolls-Royce in talks with Bain-led consortium over ITP Aero divestment
Rolls-Royce has entered exclusive negotiations over the potential divestment of its Spanish-based aerospace turbine operation ITP Aero with a consortium led by investment firm Bain Capital. ITP Aero was acquired by Rolls-Royce four years ago, turning it into a wholly-owned subsidiary after picking up the majority shareholding of the venture ...
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NewsFatal paragliding accident inquiry warns over helicopter wake strength
French investigators have warned that the wake turbulence from helicopters can be worse than that from similar-sized aircraft, following the probe into a fatal accident involving a paraglider. The Airbus Helicopters EC135, with a medical crew of four, had been called on 11 May 2019 to assist an injured person ...
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NewsLufthansa Group cites ‘strong bookings’ as cash flow turns positive
The relaxation of travel restrictions in some markets and a consequent increase in bookings helped Lufthansa Group to stop cash outflows during the second quarter.
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NewsKorean Air enters urban air mobility R&D pact
Korean Air, Incheon International Airport Corporation (IIAC), and the Korea Aerospace Research Institute (KARI) have entered an agreement to explore urban air mobility (UAM) management.
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NewsST Engineering incorporates freighter leasing venture
Singapore’s ST Engineering has disclosed more details about its joint venture specialising in dedicated freighter leasing, following the latter’s incorporation.
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NewsNok Air creditors approve business rehabilitation plan
Thai low-cost carrier Nok Air has gained the green light from creditors to restructure under a business rehabilitation process.
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NewsUS clears sustainment deal for Greek F-16s
The US government has cleared a possible $270 million sustainment package for Greece’s fleet of Lockheed Martin F-16s.
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NewsMitsubishi Heavy aerospace business ekes out quarterly profit
Mitsubishi Heavy Industries’ (MHI) aircraft, defence and space unit returned to the black in its first-quarter financial results, despite slightly lower revenue.
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NewsLockheed, Northrop short-listed for Australian JBAMS deal
The Australian units of Lockheed Martin and Northrop Grumman have entered the final stage of bidding for Canberra’s planned Joint Air Battle Management System (JBAMS).
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NewsBOC Aviation signs fewer leases, sells more aircraft in Q2
BOC Aviation signed fewer lease commitments in the second quarter of this year, but took delivery of and sold more aircraft.
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NewsUS Navy awards Skydweller $5m to demo its solar-powered, long-endurance UAV
The US Navy has awarded Skydweller Aero a $5 million contract to demonstrate its solar-powered, long-endurance unmanned air vehicle.
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NewsHydroplaning and crew error caused 2019 Miami Air 737 overrun at Jacksonville
Loss of braking due to hydroplaning, shortcomings by Miami Air International and errors by one of its captains caused a Boeing 737-800 to overrun a Jacksonville runway on 3 May 2019. That is according to the National Transportation Safety Board (NTSB), which released its final accident report on 4 August.
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NewsFrontier sees ‘softening’ demand due to delta variant
Frontier Airlines says more passengers returned to air travel during the second quarter, propelling the carrier to a small net profit, but that it is seeing “softening” in bookings as concerns about the rapid spread of the coronavirus’ “delta” variant grow.
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NewsUSMC to receive first MQ-9A Reapers in August, precursor to ‘MUX’ effort
General Atomics Aeronautical Systems plans to transfer two MQ-9A Reapers to the US Marine Corps in late August.
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NewsUS start-up GlobalX aims to launch flights this week
US start-up carrier GlobalX Airlines hopes to begin passenger charter flights this week.
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NewsChorus Aviation agrees to lease two Dash 8s to hopeful US start-up Connect Airlines
Canadian aircraft lessor Chorus Aviation Capital has reached deals to lease two De Havilland Canada Dash 8-400 turboprops to the company working to launch a US carrier called Connect Airlines.
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NewsSpirit AeroSystems loses $135m in Q2, citing new 787 issue
Spirit AeroSystems lost $135 million in the second quarter of 2021, reflecting reduced production of aircraft components and a $46 million forward loss on the company’s Boeing 787 work.
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NewsSpirit’s operational woes continue for fourth day
Spirit Airlines is struggling to complete flights for the fourth straight day amid system-wide disruptions due to inclement weather and staffing bottlenecks.
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NewsBoeing 737 Max en route to China for certification work
A Boeing 737 Max 7 took off from Seattle on 4 August and is headed to China, where the jet will participate in work related to that country’s 737 Max certification, an industry source says.