All news – Page 1267
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NewsUS airline group details $58bn government aid request
The group, as previously reported, has asked for $50 billion in support of passenger airlines. But it also requests $8 billion for cargo carriers, and tax breaks from a fund that generated almost $16 billion in fiscal year 2018 revenue. It is receiving criticism after many airlines spent free cash flow on stock repurchases recently.
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NewsBrussels Airlines to shut down for a month
Brussels Airlines has become the latest carrier to shut down services in the wake of the coronavirus outbreak, suspending all scheduled flights for a month. It says the services will be gradually wound down and then halted on 21 March and will not restart until 20 April. “We need to ...
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NewsIATA warns government action needed to tackle airline liquidity crisis
Airline trade association IATA is calling for governments to urgently step in with financial support measures, warning a liquidity crisis resulting from the swathe of capacity cuts means many airlines are close to running out of cash.
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NewsPeru eyes double-digit deals for C-27J and Mi-171
Peru intends to acquire a range of new fixed- and rotary-wing transport aircraft across its armed forces in part to bolster the country’s resources to cope with humanitarian relief operations.
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NewsSwiss bolsters senior management to face coronavirus fallout
Swiss has shored up its management teams in order to provide greater corporate stability as the Lufthansa Group carrier deals with the consequences of the coronavirus outbreak. It has installed Markus Binkert as its chief financial officer – a position which had been left vacant – and appointed Thomas Frick ...
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NewsEHang partners with Seville to launch urban air mobility initiative
Chinese electric vertical take-off and landing (eVTOL) aircraft developer EHang has joined forces with the Spanish city of Seville to develop and launch the country’s first urban air mobility (UAM) service.
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NewsAlitalia to be renationalised under broad emergency decree
Italy’s government has indicated that it will renationalise struggling flag-carrier Alitalia as part of a broad set of emergency measures in response to the coronavirus outbreak. The government says, in a decree published on 16 March, that the epidemic is being formally recognised as a “natural disaster and exceptional event”. ...
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NewsHoneywell pushes Forge into business aviation
Analytics platform integrates company’s existing tools with third-party services on single dashboard
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NewsLauda halts all flights until 8 April
Ryanair’s Austrian subsidiary Lauda has suspended all flights until 8 April. The Vienna-based airline has been serving more than 100 destinations across some 30 European countries and has stations in German cities Dusseldorf, Stuttgart, Spanish island Majorca, and Croatian city Zadar. Source: Lauda Cirium fleets data shows ...
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NewsSecond UK arrival keeps RAF Poseidon fleet on target
The UK Royal Air Force’s second Boeing P-8A Poseidon MRA1 maritime patrol aircraft arrived at Kinloss in Scotland on 13 March.
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NewsFrench air force plans Puma replacement with leased H225s
France has begun a process to replace its air force’s fleet of ageing SA330 Puma rotorcraft with leased Airbus Helicopters H225s.
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NewsFourth MC-21 flown to Moscow test centre
Russian airframer Irkut has flown its fourth flight-test MC-21-300 to Moscow to participate in the certification campaign for the twinjet. The aircraft, fitted with Pratt & Whitney PW1400G engines, was ferried with a crew of two pilots to the Gromov institute at Zhukhovsky airfield. It has been fitted with a ...
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NewsOutbreak halts talks on London Southend stake sale
London Southend airport operator Stobart Group has disclosed that it has been negotiating sale of a minority share in the airport, but that discussions have been suspended as a result of the coronavirus uncertainty. The discussions had signalled a value for the airport of £700-800 million, says the company, referring ...
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NewsAirbus halting French and Spanish production for four days
Airbus is to halt production across its French and Spanish facilities for four days to give the company time to implement strict hygiene measures in response to the coronavirus outbreak. The airframer says the decision follows introduction of new procedures in both countries intended to contain the illness. Airbus says ...
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NewsMalaysia lockdown curtails regional air travel
Travel restrictions are closing in on Southeast Asia, as Malaysia imposes a partial lockdown after seeing a recent spike in coronavirus cases. From 18 to 31 March, citizens are restricted from leaving the country, while foreign visitors and tourists will be denied entry. Nearly all business, government offices and schools ...
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NewsAir NZ cuts trans-Tasman capacity by 80%
Air New Zealand is making cuts to its trans-Tasman network that will reduce capacity by 80%, starting from 30 March to 30 June. The changes are a result of the impact of the coronavirus outbreak on travel demand, the carrier says. Carriers flying trans-Tasman routes, February 2020 ...
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NewsCoronavirus costs Cathay HK$2 billion in February
Cathay Pacific made an unaudited loss of more than HK$2 billion ($257 million) in February, as it takes a hit from the coronavirus outbreak. Meanwhile, Singapore Airlines saw falling passenger numbers for the month, and warns of weakened travel demand in the near term.
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NewsL-39NG passes key fuselage strength test
Aero Vodochody’s L-39NG has passed fuselage strength tests, as the company works towards certification of the advanced jet trainer. Using the fuselage of aircraft 7002, which is earmarked for static trials, the test saw the structure initially taken to the limit load, which corresponds to the maximum possible load during ...
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NewsQantas to ground nearly entire widebody fleet, cut capacity further
Australia’s Qantas Group will ground 150 aircraft — including “almost all” of its widebody fleet —amid deeper capacity cuts across both its international and domestic networks.
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NewsBOC Aviation to acquire six Cathay 777s under sale-and-leaseback
Cathay Pacific and BOC Aviation have agreed a sale-and-leaseback which will cover six Boeing 777-300ER jets. The Hong Kong-based carrier warned on 11 March that it expects to incur a “substantial loss” over the first half of this year and that its liquidity position would be “adversely impacted” by plummeting ...