All news – Page 1240
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NewsAVIC AG600 testing moves to the sea
The AVIC AG600 amphibian has moved to a new stage in its testing campaign, operating flights over the sea. Later in 2020, the aircraft is scheduled to conduct its first takeoff from the ocean surface, according to a China Daily report quoting the aircraft’s manufacturer. Video: China’s AG600 ...
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NewsChinese airline market faces consolidation: HSBC
Consolidation among Chinese carriers appears likely, given the “unprecedented challenges” that the global airline industry is facing. A HSBC Global Research report into the Chinese airline industry says it does not “rule out the possibility of further consolidation”, adding that the three largest Chinese carriers — Air China, China ...
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NewsVirgin Australia enters voluntary administration
Virgin Australia has entered voluntary administration as it seeks to recapitalise the business. “The decision comes as the group has continued to seek financial assistance from a number of parties, including state and federal governments, to help it through the unprecedented crisis, however is yet to secure the required support,” ...
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NewsST Engineering clinches $589m in Q1 aerospace contracts
ST Engineering reiterates that its order book “remains robust” despite the coronavirus outbreak. The Singapore-based company adds, however, that it is in discussion with customers about deferments or cancellations. For the quarter ended 31 March, ST Engineering’s aerospace unit clinched about S$838 million ($589 million) in contracts, ...
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NewsMesa accepts $93 million in payroll grants
Mesa Air Group, the parent of Phoenix-based Mesa Airlines, will accept $93 million in payroll support from the federal CARES Act. The US Treasury will not require Mesa to enter into a loan or equity agreement in exchange for the funds because the amount is less than $100 million, a ...
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NewsUS Air Force ends Long-Range Standoff Weapon competition early, choosing Raytheon’s design
The US Air Force (USAF) has ended its Long-Range Standoff Weapon (LRSO) development competition early, issuing a sole-source contract to Raytheon.
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NewsUnited reports preliminary $2.1 billion first-quarter loss
United Airlines has reported a preliminary pre-tax loss of $2.1 billion for the first quarter of 2020 and a $1 billion pre-tax loss on an adjusted basis.
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NewsAirbus advances automatic boom use after F-16 trial
Certification testing of an automatic air-to-air refuelling boom technology for the A330 multi-role tanker transport is on track to commence next year, following a recent campaign conducted by Airbus Defence & Space.
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NewsFour of Norwegian’s crew subsidiaries file for bankruptcy
Scandinavian budget carrier Norwegian has confirmed that four subsidiaries which employ more than 4,000 pilots and cabin crew members in Denmark and Sweden have filed for bankruptcy.
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NewsRussian titanium giant cuts output as aircraft demand sinks
Falling demand for new aircraft has prompted the major Russian metals producer VSMPO-Avisma to cut the quantity of titanium output by about a third this year. The company is a key supplier to the aerospace industry – including Boeing and Airbus – providing the materials for such assemblies as landing-gear, ...
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NewsVirgin Atlantic needs state support to survive: Branson
Virgin Atlantic needs government support to survive the coronavirus crisis, the airline’s founder warned today.
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NewsHAECO rolls out passenger cabin freight stowage solution
HAECO’s cabin solutions unit has launched a new stowage concept which will allow airlines to combine passengers and cargo in the main cabin. The concept comes amid depressed passenger traffic due to the coronavirus outbreak, which has led to a growing number of carriers using passenger aircraft to fly ...
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InterviewOriens Aviation general manager on creating a strong service centre business
Stuart Locke is general manager for aircraft maintenance at Oriens Aviation, sales and service centre for Pilatus in the UK and Ireland, where he is responsible for growing the business and its customer base
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NewsANA lowers full-year forecast on coronavirus impact
All Nippon Airways’ parent company has revised down its financial results forecast for the fiscal year ended 31 March 2020, as the coronavirus outbreak batters air traffic. ANA Holdings expects operating revenues to come in at Y1.97 trillion ($18.3 billion), Y120 billion lower than the previous forecast disclosed on 29 ...
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NewsFirst Nigerian Super Tucano conducts maiden sortie
The first A-29 Super Tucano due for delivery to the Nigerian air force has conducted its maiden flight from Jacksonville, Florida.
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NewsCDB cancels 29 737 Max orders, defers others
CDB Aviation is cancelling 29 of 99 Boeing 737 Max orders while making adjustments to the rest of its orderbook for the type. It plans to push back the delivery of 20 undelivered aircraft to “various dates in 2024, 2025 and 2026” and, without providing further details, downgauge all remaining ...
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NewsBig Japanese 787 suppliers suspend operations
Boeing’s Tier 1 manufacturers in Japan have suspended 787-related operations, following the US airframer’s factory closures in the USA due to the spread of the coronavirus. Kawasaki Heavy Industries and Subaru’s aerospace unit both announced the closure of their 787-related factory lines from 20 April until May. Kawasaki’s ...
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NewsAVIC FTC-2000G snags first export order
The AVIC Guizhou FTC-2000G has bagged its first export deal to an unnamed Southeast Asian country. The order was revealed in a report by the state-run Global Times newspaper that was also posted on the website of the Chinese defence ministry. Source: Greg Waldron The FTC-2000G made its ...
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NewsIndian carriers to fully refund ‘lockdown’ tickets
Indian airlines have been asked to issue a full refund for tickets booked for travel during the country’s recently extended lockdown period, and this could impact their cash position. In a memorandum published on its official Twitter account, the Directorate General of Civil Aviation (DGCA) said on 16 April that ...
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NewsChinese carriers warn of ‘substantial’ Q1 loss from pandemic hit
Two of China’s largest airlines have warned of a “substantial loss” for their first-quarter financial results. Both China Eastern and China Southern Airlines flagged the financial hit in their monthly traffic results for March, where they note that even with “timely measures” taken to mitigate the of the coronavirus outbreak, ...