All news – Page 1033
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NewsAtlas reports $495 million profit for 2020
Atlas Air Worldwide Holdings generated an operating profit of $495 million for the full year 2020 despite the coronavirus pandemic downturn making it the worst year in history for air cargo demand, reversing its fortunes from an operating loss of $461 million in 2019.
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NewsChief economist Pearce to retire from IATA in July
IATA chief economist Brian Pearce is to retire from the airline trade body in July.
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NewsS7 Airlines takes delivery of its first 737-800 converted freighter
Russian carrier S7 Airlines has taken delivery of the first of a pair of Boeing 737-800 converted freighters. The aircraft are being leased to the airline by GECAS. Freight division S7 Cargo will take responsibility for commercial management of the 737-800BCF aircraft’s capacity. The first aircraft (VP-BEN) was transferred to ...
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NewsA320 veered off runway as late hydraulic failure 'surprised' pilots
Pilots of an Airbus A320 were caught out by a hydraulic failure as the aircraft landed at Burgas, their reaction leading the twinjet to veer off the runway and come to rest on rough ground. Operating for Smartwings, the Greek-registered Orange2Fly aircraft had suffered a leak in its green hydraulic ...
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NewsManila airport renovates runway to boost flight movement capacity
Ninoy Aquino International Airport (NAIA) in the Philippines has completed a runway upgrade to expand aircraft movement capacity by 25%, with the aim to increase this further with additional renovations this year and next.
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NewsEastar eyes service return following fresh investment: report
Eastar Jet is reportedly eyeing a comeback, with several investors apparently interested in buying the grounded South Korean low-cost carrier.
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AnalysisNok tests leasing market ahead of filing rehab plan
The restructuring of Thai Airways International has dominated headlines in the Kingdom, but a smaller, privately held carrier is also reorganising under the same business rehabilitation protection as the flag carrier.
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NewsST Engineering aerospace unit sees drop in full-year profit
ST Engineering’s aerospace unit remained in the black for the full year as cost cuts and government assistance offset the full impact of the coronavirus pandemic.
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NewsTerrafugia to shut down US operations: reports
US-based flying car manufacturer Terrafugia will reportedly shut down US operations after it pulled the plug on local development of its two-seater Transition aircraft.
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NewsNATO declares initial operating capability for RQ-4D Phoenix fleet
NATO has declared initial operating capability for its fleet of RQ-4D Phoenix unmanned air vehicles.
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NewsNASA’s Mars helicopter ‘Ingenuity’ arrives on the red planet
NASA is preparing to fly the first unmanned robotic rotorcraft on another planet after its latest rover successfully landed on the planet’s surface on 18 February.
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NewsBrazil drops WTO subsidies suit against Canada, calls for negotiations
Brazil has dropped a complaint with the World Trade Organization (WTO) in which it alleged that Bombardier, when developing the jet now called that A220, received unfair subsidies from Canadian governments.
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NewsSurf Air Mobility acquires Ampaire
Shared private aviation company Surf Air Mobility is acquiring electric aviation firm Ampaire, calling the latter’s hybrid-electric powertrain technology a “critical component” of Surf Air’s plan to expand in environmentally-friendly regional transportation.
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NewsUS Air Force begins retiring group of 17 B-1B bombers
In all, the service plans to retire 17 B-1B supersonic bombers to free maintenance funds and labour for the 45 examples of the aircraft that will remain in the fleet. The reduced fleet should also free up funds for buying the in-development Northrop Grumman B-21 Raider stealth bomber.
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NewsUniversal Hydrogen lands former Airbus chief as advisor, secures funding
Alternative fuel developer Universal Hydrogen has formed an advisory panel composed of former top-level Airbus executives, including former chief executive Tom Enders and former chief commercial officer (CCO) John Leahy.
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NewsAmerican and JetBlue unveil first phase of collaboration
American Airlines and JetBlue Airways have unveiled new routes as they begin to consummate their strategic partnership.
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NewsLufthansa targets more ‘needs-based’ pilot-training model
Lufthansa is restructuring its in-house flight school programme to facilitate a “more needs-based” pilot supply for the group’s different operators.
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NewsAir Cote d’Ivoire receives first A320neo
African carrier Air Cote d’Ivoire has taken delivery of its first Airbus A320neo.
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NewsQatar pitches touchless IFE initiative to allay post-Covid travel concerns
Qatar Airways is highlighting its steps towards offering full touchless in-flight technology onboard its aircraft in a further sign of how airlines are adapting their product and marketing in light of customer sensitivities to flying in the post-pandemic environment.
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NewsDe Havilland clarifies that Dash 8 production will cease in first half of 2021
De Havilland Aircraft confirms its expects to stop producing Dash 8-400s in the first half of 2021.