All news – Page 1289
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NewsAtlas Air reports $293m loss in 2019 as it writes down 747-400 fleet
Aircraft lessor and air freight company Atlas Air Worldwide Holdings reported a loss for 2019 as it wrote down parts of its fleet due to lower cargo business during the year.
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NewsFrance's Groupe ADP to take 49% of Indian airport operator GMR
Parisian airports operator Groupe ADP has provisionally agreed to take a 49% shareholding in the Indian company GMR Airports. The agreement, conditional on regulatory approval, will involve acquisition of an initial shareholding of just under 25% within a few days. ADP states that a further stage will result in its ...
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NewsCoronavirus means air travel demand could fall for first time since 2009: IATA
The coronavirus could cause demand for air travel to fall for the first time since the global financial crisis, with operators in Asia-Pacific hardest hit, according to an initial impact assessment from IATA. Based on a scenario where the coronavirus has a “V-shaped impact” similar to that seen during the ...
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NewsGol Q4 profit falls as Max crisis lingers
Brazil’s Gol continues to suffer from the fallout of the grounding of its seven Boeing 737 Max aircraft, reporting fourth quarter net income that was almost half of that reported for the same period in 2018.
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NewsCondor tie-up with LOT cleared by German authorities
German competition regulator Bundeskartellamt has cleared Polish firm Polska Grupa Lotnicza’s acquisition of leisure carrier Condor. The regulator has determined that there is “no relevant overlap” between the activities of Condor – formerly part of Thomas Cook Group – and Polish flag-carrier LOT, a subsidiary of PGL. Bundeskartellamt president Andreas ...
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NewsAir France-KLM studies fleet options if coronavirus impact lasts
Air France-KLM is considering how it could redeploy summer capacity to other markets where demand is stronger in the event of an extended coronavirus impact on its Chinese and broader Asian networks.
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NewsHow A4E is answering Europe’s airline sustainability challenge
Sustainability is the hot topic for industry body Airlines for Europe (A4E) as it heads towards its annual Aviation Summit in Brussels on 3 March.
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In depthSurvey reveals high levels of stress and job dissatisfaction among airline pilots
What do commercial flightcrew think about their day-to-day employment, work-life balance and career prospects? An extensive poll by FlightGlobal and Goose Recruitment unearthed some surprising findings
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NewsBelavia steps up to E2 under new lease deal
Belarussian operator Belavia has signed for three of the re-engined Embraer 195-E2 regional jet, expanding its operations with the E-Jet family. Belavia is to take the first of the three Pratt & Whitney PW1900G-powered aircraft in December this year. The airline has reached the lease agreement with AerCap, the lessor ...
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NewsAir France-KLM takes €126m charge for A380 withdrawal
Air France’s withdrawal of the Airbus A380 fleet has resulted in its parent taking a €126 million ($136 million) impairment on the aircraft type. The flag-carrier disclosed last year that it would retire its A380 fleet by 2022, just 13 years after introducing the double-deck type. Air France originally ordered ...
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NewsAeroflot A350s and 777s spearhead three-year expansion
Aeroflot Group is nearing delivery of its first Airbus A350-900, a central part of the Russian operator’s fleet modernisation and international expansion strategy for the next three years. It will receive its first 316-seat Rolls-Royce Trent XWB-powered A350 at the end of this month, gradually using the twinjet type to ...
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NewsFuel costs and cargo slump drag Air France-KLM profits down in 2019
Air France-KLM full-year operating profits slipped nearly a fifth in 2019 as higher fuel costs and a deteriorating cargo market hit its performance.
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NewsIndonesia conducts maiden flight of upgraded F-16A
The Indonesian air force has conducted the maiden flight of an upgraded Lockheed Martin F-16A fighter.
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NewsQantas approaches future fleet with eye for competitive edge, simplification
Qantas Airways continues to evaluate a number of aircraft types, including new narrowbodies as well as Boeing’s proposed New Mid-Market Airplane (NMA). A slide accompanying the airline’s first half results presentation outlines the airline’s thinking in regard to fleet, dividing aircraft types into four categories: exit fading technology, mainstream ...
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NewsQantas Group carriers reducing Asia and regional flights into May
Qantas and Jetstar are cutting back flights to Asia and regional destinations for the next three months as demand declines amid the coronavirus outbreak. Flights to China, Hong Kong and Singapore will be affected. The overall reduction of around 16% will last “until at least the end of May”, says ...
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NewsQantas’ first-half profit flat amid external headwinds
Qantas saw its half-year underlying profit before tax come in flat at A$771 million ($512 million), with higher revenues helping to offset external headwinds. Group revenue for the first half of its 2020 fiscal year, which ended 31 December, rose 3% to A$9.46 billion. A 3% climb in passenger revenue ...
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NewsMQ-1C uses COMINT, SAR to target ground-based emitters
A General Atomics Aeronautical Systems (GA-ASI) MQ-1C Gray Eagle Extended Range (GE-ER) has used two sensors to identify and localise emitters on the ground to produce targeting data. The work took place at Yuma Proving Ground, Arizona on 30 January, and was part of a series of internally funded demonstration ...
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NewsUnited and Vistara codeshare on domestic Indian flights
A new codeshare agreement between United Airlines and Vistara enables United customers to book domestic travel to 26 destinations in India on flights operated by the New Delhi-based carrier. Among the destinations in the codeshare are Ahmedabad, Bengaluru, Chandigarh, Goa, Hyderabad, Jodhpur, Srinagar, Thiruvananthapuram, Udaipur and Varanasi. Chicago-based United operates ...
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NewsBoeing asks for suspension of its tax subsidies
Boeing has asked for its tax breaks to be suspended amid an acrimonious and escalating trade war between the USA and the European Union, targeting its respective aircraft manufacturers, that threatens to play long-term havoc on aircraft deliveries on both continents.
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NewsU-2 spyplane fleet gets new high-powered camera
The electro-optical and infrared camera is to provide more precise, long-range tracking of stationary or moving targets in a wider range of weather conditions.