All news – Page 1112
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NewsDoD aims to set up performance-based logistics contract for A-10 Thunderbolt II
The US Defense Logistics Agency is researching ways to set up a performance-based logistics contract for the US Air Force Fairchild-Republic A-10 Thunderbolt II to reduce the time it takes to repair the ground attack aircraft.
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NewsDenmark and Sweden up SAS stakes to 22% in recapitalisation
The Danish and Swedish governments have each agreed to increase their stakes in SAS to 21.8% under the Scandinavian carrier’s SKr14.25 billion ($1.62 billion) recapitalisation plan, which has now been finalised. SAS obtained approval from both governments in August for its revised recapitalisation plan, which was originally disclosed on 30 ...
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NewsMinistry proposes diverting Il-96-400M subsidy to fund other programmes
Russia’s ministry of transport is tabling a legislative proposal to withdraw subsidies intended for the Ilyushin Il-96-400M programme and redirect them to support other areas of the domestic aircraft industry. The draft legislation follows a meeting on the Russian air transport industry held in May and a presidential directive in ...
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NewsTravel-warning removals prompt airline returns to Canary Islands
European airlines are increasing capacity to the Canary islands after the UK and German governments lifted travel warnings for the Spanish archipelago
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NewsState to recapitalise Finnish airports operator as traffic slumps
Finland is to provide a €350 million ($414 million) recapitalisation of state-owned airports operator Finavia amid the continued slump in air traffic demand. Passenger traffic remained 90% down in September across Finavia’s airports and 92% down at its biggest gateway, Helsinki. In response, Finavia will shut one of the three ...
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NewsRed Wings introduces Superjet fleet to establish Ekaterinburg hub
Russian carrier Red Wings is aiming to build a regional hub at Ekaterinburg’s Koltsovo airport using a fleet of Sukhoi Superjet 100s. Moscow-based Red Wings leased a Superjet from GTLK on 2 September, and another pair in the first few days of October. It says the aircraft are being used ...
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NewsParis airports operator cuts full-year traffic hopes on second wave
Paris airports operator Groupe ADP has lowered its traffic expectations for the remainder of the year and now expects passenger levels across its Parisian airports to be between 65% and 70% down on 2019. The company detailed the fresh outlook, which reflects the resurgence of the Covid-19 outbreak across Europe, ...
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AnalysisDomestic travel green shoots in New Zealand, Australia
Air New Zealand is relaunching its mystery holiday packages, showing how domestic travel remains a key focus in the region while Covid-19 continues to decimate international travel. Domestic travel is virtually the only way airlines in the Asia-Pacific region can get passengers to board their aircraft these days. In both ...
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NewsUsed business aircraft market boosted by first-time buyers
Trade brokerage Jetcraft reports a surge of custom from those who have never owned a jet.
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NewsMalaysia Airports sues AirAsia X for MYR78.2 million in unpaid charges
Malaysia Airports Holdings (MAHB) is claiming against AirAsia X MYR78.2 million ($19 million) in unpaid aeronautical charges. The operator group’s wholly owned subsidiary Malaysia Airports (Sepang) has filed a writ of summons and statement of claim in the Kuala Lumpur High court on 22 October, it says in a same-day ...
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NewsQatar takes first long-haul jets in months with delivery of A350-1000s
Airbus has delivered three A350-1000s to Qatar Airways, its first handover of long-haul aircraft to the Middle Eastern carrier for eight months. Qatar received its last long-haul jet from the airframer, an A350-1000, on 27 February – giving it 15 of the larger A350 variant. It had already completed deliveries ...
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NewsQantas eyes pivot to Asia destinations in Covid-19 recovery
Qantas is eyeing new international destinations and a larger share of Australia’s domestic market as it emerges from the Covid-19 crisis, company executives said today. The airline is keeping an eye on the potential for travel bubbles with parts of Asia, chairman Richard Goyder said at the flag carrier’s annual ...
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NewsMHI denies reports of SpaceJet development freeze
Mitsubishi Heavy Industries (MHI) has denied reports that it will freeze development of the Mitsubishi Aircraft SpaceJet, but is looking at “possibilities” for the regional jet programme. “MHI is continuing a detailed review of the schedule of the SpaceJet program, in view of the impact of COVID-19, and is moving ...
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NewsVirgin Australia board resigns en masse
Nine members of Virgin Australia’s board, including chairperson Elizabeth Bryan, have tendered or indicated their resignations, while the airline finalises a sale to Bain Capital. Bryan and five others – Trevor Bourne, Kenneth Dean, Allan Houston, Judith Swales, and Marvin Tan – have resigned as the company’s directors effective 20 ...
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AnalysisFor Malaysia Airlines, clarity and urgency in restructuring is key
The future of Malaysia Airlines was recently thrust back into the spotlight, as it undertakes an urgent restructuring exercise. Again it confronts an existential dilemma about what, exactly, it needs to do.
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NewsLion Air tries new approach with lessors
Lion Air has approached its lessors with an alternative proposal for their leased aircraft on the back of their feedback on its requests for by-the-hour arrangements, according to sources and an email seen by Cirium. The Indonesian carrier is proposing a four-part plan, involving the partial payment of rentals over ...
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NewsThai pitches simplified fleet and rental haircuts: sources
Thai Airways International has outlined a broad plan to its lessors that would involve reductions in both its total fleet size and the number of aircraft types it operates, plus haircuts for lessors, sources have revealed. The flag carrier’s chief financial officer presented the proposals during a 21 October virtual ...
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NewsAirbus Mobile plant delivers first US-built A220, to Delta
Airbus has delivered the first US-built A220, handing over an A220-300 to Atlanta-based Delta Air Lines.
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NewsMitsubishi Heavy considers cutting SpaceJet programme again: reports
Several Japanese news outlets are reporting that Mitsubishi Heavy Industries (MHI) is mulling whether to further scale back Mitsubishi Aircraft’s SpaceJet development programme.
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NewsSouthwest reports record loss, addresses fleet changes and travel rebound
Southwest Airlines, the last of the four major US airlines to report third-quarter results, posted a record loss for the period but remains optimistic that the worst of the downturn has passed and that demand is rebounding.