All news – Page 1018
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NewsIAI to partner with UAE’s Edge on anti-UAV systems for Gulf market
In the first major industrial collaboration between the two nations’ defence sectors, Israel Aerospace Industries (IAI) is to partner with United Arab Emirates technology group Edge to develop a system to counter the threat of unmanned air vehicles for the UAE and the wider Middle East market. Source: ...
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NewsProgress on Trent 1000 remedies brings down overall in-service costs
Rolls-Royce is expecting overall in-service cash costs relating to Trent 1000 technical issues to fall to £2.1-2.2 billion ($2.9-3.1 billion), down from £2.4 billion, following improved progress on remedial work. The Trent 1000 is an engine option for the Boeing 787 but has been beset by a number of blade-durability ...
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NewsNorwegian files restructuring plan to courts
Low-cost carrier Norwegian has sent its plan for financial restructuring to the Irish and Norwegian courts, as it seeks permission from creditors and shareholders to continue the remodelling of its business and initiate a capital raise.
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NewsWideroe and Rolls-Royce pursue all-electric aircraft based on Tecnam design
Norwegian regional carrier Wideroe has linked up with Rolls-Royce and aeronautics firm Tecnam to develop an all-electric passenger aircraft within the next five years. The aircraft would be suited to the commuter air transport market and enter service in 2026. Wideroe has previously expressed interest in electric regional aircraft projects ...
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NewsCHC to buy Babcock’s offshore helicopter business
Oil and gas helicopter operator CHC Group is to acquire the offshore business of UK-headquartered Babcock for an undisclosed fee.
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NewsRolls-Royce takes £1.3bn charge in fall-out from civil aerospace crisis
Rolls-Royce large engine flying hours were down by 57% last year, while deliveries of such engines almost halved to 264. The powerplant manufacturer disclosed the full-year impact of the air transport crisis as it turned in a £2.6 billion ($3.6 billion) underlying operating loss from its civil aerospace division. Production ...
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NewsRetired B-1B to serve as USAF integration lab
A retired US Air Force Boeing B-1B bomber will serve as an integration laboratory at Edwards AFB in California.
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NewsAustralia extends A$1.2bn ‘ticket to recovery’ for tourism, airline sectors
Australia has rolled out its latest round of financial support for its tourism and airline sectors, which have acutely felt the impact of the coronavirus pandemic.
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NewsUS DOT says airline employment at highest level since April 2020
The US Department of Transportation (DOT) says airline industry employment in January rose to its highest level since April 2020, a tentative sign that demand for air travel may be returning following an almost year-long decline due to the coronavirus.
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NewsNorthrop pitches UVision Hero loitering munition variant for US Army Future Vertical Lift
Northrop Grumman plans to pitch the US Army on an air-launched effect variant of the UVision Hero family of loitering munitions. The air-launched effect, called Hero ALE, is intended for use with the service’s Future Vertical Lift (FVL) aircraft, including its next-generation utility and scouting rotorcraft. The US Army is ...
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NewsNordStar-KrasAvia tie-up to support northern Russia network development
Russian carrier NordStar has entered a tie-up with regional operator KrasAvia, a consortium intended to increase air transport access for the area. President Vladimir Putin had supported a proposal to establish a base carrier at Norilsk – a designation which has been granted to NordStar – and create a co-operation ...
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NewsSouthwest nears 737 Max 7 order: report
Boeing is closing in on the sale of 737 Max 7 jets to Southwest Airlines, a deal that, if closed, would prove a massive win by Boeing and reflect Southwest’s continued loyalty to the Chicago airframer, according to a report from Bloomberg.
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NewsAeroflot Group impairs Rossiya goodwill and Aurora disposal
Aeroflot Group has disclosed a Rb6.5 billion ($88 million) write-off of goodwill for its subsidiary airline Rossiya in its full-year financial results. The company has also listed a Rb5.07 billion loss from the disposal of another subsidiary, the eastern Russian carrier Aurora which it sold for the token sum of ...
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NewsPresident Biden to sign bill providing $14bn to airlines
Both houses of the US Congress have now passed a pandemic-relief bill that would make billions of dollars in aid available for the benefit of employees at US airlines.
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NewsSouthwest set to return Boeing 737 Max to its fleet
Southwest Airlines, the world’s biggest operator of Boeing 737 aircraft, is set to return the 737 Max into its network and schedule, operating several revenue flights on the type for the first time in two years.
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NewsWizz Air UK to have four A321neos by end of May
Wizz Air’s UK operation will have four new Airbus A321neos in its fleet by the end of May after today carrying out its first flight with the Pratt & Whitney GTF-powered narrowbody.
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NewsUS DOT grants Breeze certificate to operate
The US Department of Transportation (DOT) has given start-up low-cost airline Breeze Airways the green light to begin operations.
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NewsGECAS acquisition is ‘right business at right time’: AerCap chief
AerCap’s proposed $30 billion acquisition of GECAS is about “buying the right business at the right time at the right price”, the Irish lessor’s chief executive has said.
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NewsBusiness travel will come back: United Airlines chief
It is a mistake to believe that business travel demand will be fundamentally altered by the Covid-19 pandemic, even if its recovery will lag the return of leisure markets, according to United Airlines chief executive Scott Kirby.
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NewsCourt urges Czech Airlines creditors to file prompt claims
Czech Airlines creditors are being urged to submit claims within two months following the carrier’s filing for insolvency with a Prague court. The municipal court has ruled that an interim creditors’ committee be appointed with Czech Airlines Technics, the Czech bank Ceska Sporitelna, and the aviation general sales agent Air ...