All news – Page 968
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NewsIndiGo’s board approves Rs30 billion local equity fundraising
Indian low-cost carrier IndiGo’s board has approved an equity fundraising of up to Rs30 billion ($408 million).
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NewsCebu Pacific first quarter loss widens to Ps6.8 billion
Philippine low-cost carrier Cebu Pacific Air saw its first quarter operating loss balloon to Ps6.8 billion ($124 million) from P692 million a year earlier.
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NewsQuickstep, Triumph sign aftermarket services agreement
Australia-based composites manufacturer Quickstep has entered an aftermarket services agreement with Triumph Aviation Services Asia (TASA), covering the Australasia region.
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NewsB-52 completes long-range kill chain with simulated hypersonic missile attack
The US Air Force demonstrated a Boeing B-52 Stratofortress bomber carrying out a simulated hypersonic missile strike using targeting data from sensors positioned more than 1,000nm (1,852km) away.
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News321 Precision nears first A321-200PCF delivery, more conversions to begin in June
Aircraft conversion shop 321 Precision Conversions is close to delivering its first Airbus A321 converted freighter, and plans to begin work on a second conversion in June.
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NewsJazeera and Air Arabia experience contrasting first-quarter fortunes
Kuwaiti budget carrier Jazeera Airways has turned in a first-quarter loss while Sharjah low-cost operator Air Arabia managed to achieve a net profit in the same period. Jazeera Airways is proposing a rights issue of KD10 million ($33 million) to improve its liquidity position, after posting a net loss of ...
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NewsUnions squabble over contract for Canadian cargo pilots
Canada’s Unifor union has sharply criticised US-based pilot union Air Line Pilots Association, International (ALPA) for “interference” in pilot-contract negotiations with cargo and charter carrier Cargojet.
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NewsEASA draws up criteria for single-pane observation window modification
European authorities have put forward safety proposals after receiving an application for a large aircraft modification which involves installing two observation windows in the upper aft fuselage. The windows need to be “optical quality”, says the European Union Aviation Safety Agency, which means they will comprise only a single glass ...
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AnalysisBoaz Levy: continuing the turnaround at IAI
New chief executive is a company veteran who has spearheaded several of its successful defence programmes, and takes over when the Israeli state-run group is in the ascendancy.
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NewsArlington Capital buys Triumph’s aerostructures sites, names business ‘Qarbon’
Triumph Group has completed the divestment of three aerostructures manufacturing sites to private equity company Arlington Capital Partners, which has renamed the businesses Qarbon Aerospace. The deal closed on 10 May, around nine months after it was disclosed by Pennsylvania firm Triumph and Maryland-based Arlington Capital. The companies have not ...
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NewsRolls-Royce UltraFan receives first intermediate compressor case
Rolls-Royce has taken delivery of the first UltraFan engine demonstrator’s intermediate compressor case. The structure has been produced by GKN Aerospace at its Swedish facility. UltraFan is a high-bypass engine being developed by Rolls-Royce for large civil aircraft applications from the middle of this decade, and is intended to improve ...
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NewsEl Al financing agreement with Israeli state clears final hurdle
Israeli flag-carrier El Al’s financing agreement with the state has entered into effect, after the final condition – a government approval on the main points of the deal – was met. Several conditions had been outlined when the agreement was detailed in March, among them approval from the boards of ...
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NewsSuper Hornet conducts captive carry test with AARGM-ER
The US Navy has completed the first captive carry test of the Northrop Grumman AGM-88G Advanced Anti-Radiation Guided Missile – Extended Range (AARGM-ER) aboard a Boeing F/A-18F Super Hornet.
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NewsMHI aerospace business narrows full-year losses
Mitsubishi Heavy Industries’ aircraft, defence and space unit narrowed its full-year losses, though the group’s SpaceJet regional aircraft programme will remain frozen in the near term.
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NewsChengdu Aircraft to build UAV industrial park in Sichuan
Avic unit Chengdu Aircraft Industry Group will lead efforts to build an unmanned aerial vehicle industrial park in Sichuan province, with the goal of becoming a “world-class UAV manufacturing” cluster.
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NewsRex eyes breakeven by July amid ‘uneven’ regional demand recovery
Australia’s Regional Express (Rex) is hopeful it will break even by July this year, even as it acknowledges that its regional operations are loss-making “at current demand levels”.
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NewsBreeze backtracks on recruiting college students as flight attendants
Breeze Airways, the new low-cost startup airline founded by entrepreneur David Neeleman, is backtracking on a plan to hire only university students to work as flight attendants after coming under fire for the programme last week.
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NewsKratos to deliver first XQ-58A Valkyrie production unit in a ‘couple of months’ to USAF
Kratos is anticipating that the XQ-58A Valkyrie will move toward operations.
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News‘Not worth commenting on’: IATA chief Walsh slams UK travel restart plan
The UK’s announcement of countries to which non-essential travel can resume from 17 May has been given short shrift by IATA director general Willie Walsh.
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NewsDelta agreement for A321neos lifts Airbus orders in April
Airbus recorded orders for 48 aircraft in April, including 25 A321neos for Delta Air Lines and 22 for lessor Avolon. But the Avolon order – for 14 A321neos and eight A320neos – appears to be a rejig of a previous agreement. Airbus listed 22 cancellations for the month and the ...