All news – Page 1103
-
NewsTurkish A350s quietly begin operations as crisis saps profits
Turkish Airlines has been operating its newly-delivered initial pair of Airbus A350-900s on domestic routes, but has yet to confirm a schedule for the remaining aircraft. The airline had 25 A350s on order but, while it had been intending to take five this year, the carrier has not detailed the ...
-
NewsBrazil’s Gol reports Q3 loss, sees important recovery metrics
Brazilian airline Gol lost R1.7 billion ($301 million) in the third quarter but sees signs of industry improvement, as leisure passengers return to air travel.
-
NewsAirbus jet trainer proposal looks beyond Spain, but may struggle for significant sales
An Airbus Defence & Space offer to build a clean-sheet advanced jet trainer for Spain could benefit from the requirements from the manufacturer’s other home nations, but may lack the economies of scale to compete on the global market.
-
NewsNok Air green-lit to pursue restructuring
Nok Air has gained court approval to restructure under a business-rehabilitation process. In a 4 November notice to the Thai stock exchange, Nok chief executive Wutthiphum Jurangkool states that the central bankruptcy court has “ordered granting the company to be in business rehabilitation”. Source: Nok Air The 737-800 ...
-
NewsSabena Technics acquires military support specialist
French MRO provider Sabena Technics has acquired military aircraft support specialist AeroTech Pro to strengthen in the defence arena.
-
NewsAirline passenger demand ‘hit wall’ in September: IATA
Weak international travel demand continued to weigh heavily on the airline industry’s performance in September, according to the latest data from IATA.
-
NewsQatar Airways activates Boeing 787-9 fleet
Qatar Airways has begun operating its Boeing 787-9 fleet, putting four of the long-haul twinjets into service.
-
NewsKlein Vision vows to have flying car on market next year after first sorties
Slovakian developer has begun 50h flight-test programme in bid to certificate road-to-air design.
-
NewsGerman carrier Sundair in restructuring under ‘protective shield’
Sundair has launched a restructuring process under a ‘protective shield’ procedure that enables the German leisure airline to continue operations. It tells Cirium that the process, enshrined in German legislation, is not an insolvency procedure, but rather applies to companies that “recognise business problems at an early stage” and have ...
-
NewsWhat messages do BA and EasyJet chiefs have for Greta Thunberg?
Sustainability was firmly establishing itself as the airline industry’s greatest long-term challenge before the coronavirus pandemic hit.
-
NewsLanding 747 crew unaware of short runway before striking construction vehicles
Nigerian investigators have disclosed that the crew of a Boeing 747-200 freighter did not receive critical information about reduced available landing distance at Abuja before the aircraft landed, veered off the runway and collided with construction equipment. The Armenian-registered Veteran Avia aircraft (EK-74798) had been operating a wet-lease cargo service ...
-
NewsUK suppliers sweat on government help as French rescue fund makes first investment
UK aerospace suppliers are anxiously waiting to see if their government will roll out targeted support for the sector in its forthcoming spending review, a situation in sharp contrast to France where a public-private bailout fund has already made its first investment.
-
NewsStobart bids for fresh Aer Lingus deal to speed regional airline sale
Stobart Group has entered a tender to secure a long-term flying agreement with Aer Lingus beyond 2022 as part of its effort to dispose of regional carrier Stobart Air before the end of March 2021.
-
NewsUAE’s Flydubai to open Israeli services in November
United Arab Emirates operator Flydubai is to open services to Tel Aviv this month, following the normalisation pact signed between the Gulf state and Israel. Flydubai says it will carry out a twice-daily service between Dubai and Tel Aviv from 26 November. The carrier uses a fleet of Boeing 737-800s ...
-
NewsJazeera liquidity ‘sound’ as losses persist in third quarter
Kuwaiti carrier Jazeera Airways is confident that it remains a going concern, with sufficient resources, after turning in a KD5.6 million ($18.3 million) third-quarter net loss. The performance brings overall net losses, for the nine months to 30 September, to KD15.5 million. Jazeera Airways says there is a “risk of ...
-
NewsQantas, Jetstar gear up for Sydney-Melbourne reboot
Qantas and low-cost unit Jetstar plan to operate “thousands of flights” following the decision by the New South Wales state to open its borders from 23 November. The border opening to Victoria state will see the two carriers operate over 250 flights across five routes, to Victoria’s capital Melbourne and ...
-
NewsPool of financeable airlines down to a handful: Wings Capital
The pool of airlines that lenders are willing to accept as collateral has gone “really just down to a handful” amid the Covid-19 pandemic, the chief financial officer of Wings Capital Partners has said. At the beginning of the crisis, everyone in the industry was “just trying to assess what ...
-
NewsCanberra eyes opportunities, risks of future drone, eVTOL operations
Canberra has published a discussion paper exploring the opportunities and challenges involved with the increased adoption of drones and electric vertical take-off and landing (eVTOL) aircraft. The 68-page report explores issues ranging from airspace integration to security, noise, and infrastructure. The Department of Infrastructure, Transport, Regional Development and Communications calls ...
-
NewsAircastle’s profit falls to $5.8 million in Q3
Lessor Aircastle has posted a $5.8 million profit for the third quarter ended 30 September, a significant drop on the same quarter last year when the lessor made $43.3 million in profit. Total lease revenue for the three months was down 12.5% to $189 million, while total revenues dropped 18.8% ...
-
NewsGA Telesis to remarket China Airlines 747-400s
China Airlines has picked GA Telesis’ aircraft asset management unit to remarket and sell its four remaining Boeing 747-400 aircraft, with deliveries expected as early as the first quarter of 2021. The four 747s (MSNs 33734, 33735, 33736 and 33737) are currently in storage, Cirium fleets data indicates. China ...