All news – Page 1233
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NewsBoeing anticipates Q3 return of 737 Max
Boeing believes it will resume 737 Max deliveries in the third quarter of 2020, with chief executive David Calhoun saying the company is progressing well through certification work despite challenges posed by coronavirus.
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NewsBoeing has time to review 787 production strategy in light of rate cuts: CEO
Boeing has no immediate plan to restructure its 787 manufacturing footprint despite announcing a major cut in production.
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OpinionWhy industry can benefit from enforced hiatus in airliner production
Rates are being slashed as demand slumps - but this will provide crucial breathing space for stretched industry
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NewsSafran expects to build 1,000 CFM Leap engines this year
French aerospace specialist Safran is expecting to manufacture around 1,000 CFM International Leap engines this year, having delivered 40% fewer civil powerplants over the first quarter. It says it handed over 326 engines from the CFM56 and Leap range in the three-month period. These included 272 Leap engines, down 35%. ...
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NewsMarch figures reveal scale of initial coronavirus hit on airline traffic
Figures from IATA for March show global airline passenger traffic already down by more than 50% and collective load factors down more than 20 percentage points in a further illustration of how sharply the coronavirus crisis has hit the sector.
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NewsFrontier wins DOT approval to suspend flights to several cities
The US Department of Transportation (DOT) is exempting Frontier Airlines from operating routes to Charlotte, Detroit, Boston and Providence through 10 June, as a condition of its federal payroll support.
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NewsBoeing to cut commercial aircraft staff by 15% and slash production as losses mount
Boeing is slashing its commercial aircraft workforce by more than 15% and cutting production rates in response to the coronavirus pandemic and ensuing cash crunch.
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NewsHeathrow chief sees biosecurity standards key to air travel recovery
London Heathrow Airport chief executive John Holland-Kaye believes introducing common rules around biosecurity standards will be key to restoring confidence in and fuelling the recovery of air travel.
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NewsUAE takes delivery of first Saab GlobalEye
The United Arab Emirates’ first of potentially five GlobalEye swing-role surveillance aircraft has touched down in Abu Dhabi following a delivery flight from Linkoping, Sweden.
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NewsEU eases airline licensing and ground-handling rules
European authorities are putting forward proposals to ease airline licensing rules and ground-handling firms’ regulatory burdens, with the intention of reducing costs during the coronavirus crisis. Airlines which are unable to meet financial obligations over the next 12 months would normally have their operating licences revoked, or be issued with ...
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NewsBritish Airways mass redundancies reflect pared-back ‘new normal’
British Airways‘ drastic announcement that it could cut up to 12,000 jobs is the latest suggestion that normality in the airline industry is a thing of the past and efforts should turn instead to preparing for a slimmed-down ’new normal’ once travel restrictions begin to lift.
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NewsGermany’s DRA hints at alternative power for revived Dornier 328
Fledgling airframer Deutsche Regional Aircraft (DRA) has rebranded its proposed revival of the Dornier 328 twin-turboprop as the “D328eco” and hired a former Airbus specialist in alternative propulsion as its chief technology officer.
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NewsFAA cuts control tower service to 100 US airports
The FAA has reduced air traffic control services at 100 airports around the United States as the coronavirus crisis has made a significant impact on the volume of air traffic at secondary and tertiary airports across the nation.
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NewsAirbus rekindles support from export credit agencies
Airbus believes the support of export credit agencies will be important to assist the funding of deliveries to customers during the air transport crisis. But the airframer is not intending to extend financing itself, unless particular circumstances warrant such a measure. Airbus chief financial officer Domink Asam, speaking on 29 ...
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InterviewEquus Global Aviation director on understanding the value of aircraft
Guy Burden has a passion for selling, starting his career in the car industry before moving into aviation. He is now director of international private brokerage Equus Global Aviation, dealing in business aircraft and commercial airliners
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NewsEight Thai carriers seek $771m loan from Thai govt: reports
Eight Thai carriers have sought a soft loan of around Bt25 billion ($771 million) from the Thai government, according to a 24 April Reuters report that cites a Thai AirAsia executive. Tassapon Bijleveld, the executive chairman of Thai AirAsia and its parent company Asia Aviation, added that the carriers ...
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NewsAirbus staying prepared for aggressive single-aisle rebound
Airbus is expecting the single-aisle market to recover faster than the long-haul sector, but the airframer is stressing that the pattern of deliveries is the most difficult part of its business to forecast. It has not offered any guidance in its newly-issued first-quarter financial statement. Airbus chief executive Guillaume Faury, ...
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NewsFinnair to launch €500m rights offering as coronavirus losses mount
Finnair is to launch a €500 million ($542 million) rights offering to rebuild its equity after disclosing it expects to lose around €2 million a day during the second quarter.
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NewsAirbus not expecting to review production levels before mid-year
Airbus is not expecting to review the cuts to its aircraft production rates until around mid-year, when the second-quarter impact of the air transport crisis becomes clearer. The manufacturer has made deep cuts to the output from its A320, A330 and A350 lines. Chief executive Guillaume Faury, speaking during a ...
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NewsAirbus concentrates on cash preservation as crisis starts to bite
Airbus’s first-quarter earnings in the commercial aircraft sector have fallen by more than 80% under the impact of fewer deliveries arising from the coronavirus crisis. The ariframer says it is maintaining a “strong focus” on cash containment after its “solid” start to the year rapidly deteriorated as the pandemic evolved. ...