All news – Page 1205
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NewsFinnair embarks on €500m share issue
Finnair has embarked on a €500 million rights issue which will centre on the release of up to 1.279 billion new shares in the company to strengthen its equity and liquidity. The issue carries conditions including limiting managers’ salaries up to 2022 and restricting it from making acquisitions. Finnair will ...
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NewsPhilippine Airlines parent slips into first-quarter loss
PAL Holdings, the parent company of Philippine Airlines, has posted an operating loss of Ps6.55 billion ($131 million) for the first quarter of 2020, a sharp reversal of the Ps2.53 billion operating profit in the same period last year. Revenue for the quarter ended 31 March fell 18.3% year on ...
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NewsHyundai Development renegotiating Asiana acquisition: reports
Hyundai Development (HDC) is looking to renegotiate its acquisition of a 31% stake in Asiana Airlines from Kumho Industrial. This has been sparked by an increase in Asiana’s debt burden and HDC appealed to the airline’s state-funded creditors to offer it support, Reuters reported on 9 June. HDC has notified ...
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NewsUK embarks first operational F-35Bs in HMS Queen Elizabeth work-up
Lockheed Martin F-35Bs from the Royal Air Force’s frontline 617 Sqn have performed the unit’s first landings aboard the aircraft carrier HMS Queen Elizabeth.
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NewsAustralia to test balloons for high-altitude ISR work
Australia’s Department of Defence has commenced a series of trials to deploy high-altitude balloons with intelligence, surveillance, and reconnaissance (ISR) payloads into the upper atmosphere.
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NewsIndia’s DGCA frets over more loss of control incidents
India’s aviation regulator has identified airprox incidents, runway incursions and unstable approaches among its eight safety priorities, following a spike in cases during 2018. The Directorate General of Civil Aviation (DGCA) has also flagged in-flight loss of control as a new area of concern, following a two-fold increase in ...
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NewsUSAF, Boeing conduct critical design review for T-7A Red Hawk
The US Air Force and Boeing have conducted the critical design review for the developmental T-7A Red Hawk advanced jet trainer.
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NewsUS flight attendants call for extension of government aid until year-end at minimum
The union representing US flight attendants has called on Congress to extend government financial assistance for airlines through the end of the year.
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NewsUSAF General Charles Brown confirmed as first African American service chief in US history
General Charles Q Brown was confirmed to be the next US Air Force chief of staff by the US Senate in a vote of 98 to 0.
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NewsFlight tests show new B61-12 nuclear bomb compatible with F-15E Strike Eagle
The demonstrations, carried out with a mock weapon, come ahead of the fighter being certificated to carry the nuke, says Sandia National Laboratories.
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NewsPilots face career anxiety after coronavirus disruption
With furloughs on the horizon, pilots stress about careers while airlines worry about future pilot pipelines.
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NewsNew business aircraft among projects announced in French aid package
Alongside research and development support for the rotorcraft and commercial aerospace sectors, France is also to fund early develoment activites for next-generation business and general aviation aircraft.
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NewsNTSB urges regulators to close loophole allowing less-stringent lithium-ion battery tests
A battery fire inside a FedEx truck in 2016 has led the National Transportation Safety Board (NTSB) to recommend tighter regulation of some lithium-ion batteries.
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NewsAlbrecht and Browne proposed for Norwegian board
Experienced airline executives Jaan Albrecht and Chris Browne, together with Aercap’s chief risk officer Anton Joiner are among nominations to join the board at Norwegian.
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NewsRyanair unit Lauda reverses closure of Vienna base
Ryanair-owned Lauda has cancelled plans to close its Vienna base after the majority of pilots and cabin crew backed a new collective labour agreement.
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AnalysisUK spins up second phase of privatised search and rescue helicopter contract
In just over four years the UK could have three different firms running its search and rescue (SAR) operations using smaller helicopters than at present and calling on assets as diverse as unmanned air vehicles and high-altitude pseudo-satellites.
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NewsBoeing logs new 767F orders in May though aircraft cancellations continue
Boeing received new orders for six 767 Freighters in May, though the company’s aircraft backlog declined by 90 jets in the month due largely to order cancellations and other negative adjustments.
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OpinionHow pilots can overcome challenge of finding employment outside cockpit
As an airline pilot who’s been recently been made redundant, I’m now struggling to find any type of employment. Sure, the economy is not looking good and we are in unprecedented times, but even the most ‘basic’ industries must need people to fill roles (maybe even to fill rolls).
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NewsFrance to fund development of hybrid successor to H125 helicopter
Airbus Helicopters appears to be a major beneficiary of French government support measures for its aerospace industry, with funding to develop a low-emission hybrid-engined successor to its best-selling H125 Ecurueil light-single, plus orders for 20 rotorcraft from its current range.
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NewsA320 successor among ambitions outlined in French aid scheme
Airbus’s development of an A320 successor, to enter service from 2033, and the design of a highly-efficient regional aircraft are among the target projects outlined by the French government as it unveiled a €15 billion aid package for the aeronautical sector. The government’s aeronautical support plan stresses that French must ...