All news – Page 1294
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NewsSA Express confirms business rescue restructuring move
SA Express’ operations are continuing as normal after the South African regional and domestic operator confirmed it is now under a formal business rescue restructuring process
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NewsAirbus takes hit as A400M faces export hurdles
Airbus incurred a fresh €1.2 billion ($1.3 billion) charge against its A400M tactical transport programme in the fourth quarter of 2019, having “reassessed its assumptions on future export deliveries”.
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NewsComair blames Max delay and SAA debt for expected first-half loss
South African carrier Comair warns that it expects to post a loss for the six months ending 31 December 2019 because of the ongoing Boeing 737 Max grounding and an unpaid debt by South African Airways.
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NewsA330-800 secures joint European and US certification
European and US authorities have granted joint type certification to the Airbus A330-800, the smaller variant of the re-engined A330neo family. FlightGlobal had earlier reported that the aircraft was set to receive European Union Aviation Safety Agency and US FAA certification on 13 February. Airbus has confirmed that both authorities ...
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NewsAirbus takes €100m charge to restructure key fuselage supplier
Among the charges disclosed by Airbus in its full-year financial results is a €103 million figure relating to efforts to turn around German aerostructures firm Premium Aerotec. Airbus says the charge relates to a restructuring plan for the Augsburg-based company which is intended to improve the company’s position. “We want ...
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NewsLagos-based Green Africa signs for 50 A220s
Nigerian carrier Green Africa Airways has tentatively agreed to acquire 50 Airbus A220-300s, a potentially strong order for the twinjets. The agreement for the Pratt & Whitney PW1500G-powered aircraft has been disclosed by the airframer, following the signature of a memorandum of understanding. It comes more than a year after ...
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NewsNorwegian plans deeper capacity cuts in bid for 2020 profit return
Restructuring low-cost carrier Norwegian is targeting a net profit for the coming year on deeper capacity cuts after progress on its turnaround in 2019 was clipped by the impact of the Boeing 737 Max grounding and Rolls-Royce engine issues.
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NewsAirbus to cut A330 output and keep A350 rate level
Airbus is to cut production of its A330 line to 40 aircraft this year, and will keep A350 monthly output to between nine and 10 aircraft. The decision is a consequence of “overall customer demand” in the twin-aisle sector, says the airframer. Chief executive Guillaume Faury, speaking in Toulouse on ...
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NewsFor F-22 and F-35 demo pilots, aggressive manoeuvres are just part of the job
For US Marine Corps (USMC) F-35B demo pilot Captain Taylor Zehrung, and US Air Force (USAF) F-22 demo pilot Major Joshua Gunderson, aggressive flight manoeuvres, such as the ones displayed at the Singapore air show, are just part of the everyday job of combat aviation. Both pilots say what was ...
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NewsAviage Systems talks talent, growth and diversification
Aviage Systems is known as the provider of avionics to Chinese airframer Comac’s C919 narrowbody programme, but is intent on expanding its scope of business. Speaking to FlightGlobal before the Singapore air show, Aviage chief executive George Chang says the company will continue its strategy of diversification, even while it ...
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NewsAegean reveals rebrand as first A320neo arrives
Aegean Airlines has unveiled its new livery on the first Airbus A320neo to be delivered.
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NewsAirbus sees ‘clear path’ to small hike in A320 production
Airbus indicates that it sees potential for a further small hike in A320-family monthly production rates beyond the 63 already planned for 2021. The airframer says it “sees a clear path” to increasing the rate by one or two aircraft per month for 2022 and 2023 – potentially taking the ...
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NewsPenalties cut into Airbus full-year performance
Heavy penalties on Airbus imposed under the €3.6 billion deferred prosecution agreement, as well as other charges, have cut into the company’s full-year results, leading to its formally reporting a consolidated net loss of €1.36 billion. The penalty is part of an overall €5.6 billion negative impact on the full-year ...
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NewsAirbus to shift A220 cockpit and fuselage work to Mirabel site
Airbus is to transfer A220 work package production currently conducted at Bombardier’s Saint-Laurent facility to the Mirabel site where the aircraft’s final assembly line is located. The airframer’s Stelia Aerospace division is setting up a local subsidiary to take over the work packages, which include cockpit and aft fuselage production, ...
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NewsAirbus takes 75% of A220 programme as Bombardier exits
Airbus is increasing its share in the A220 programme to 75%, with the Canadian government’s Investissement Quebec holding the 25% balance, as Bombardier exits from the former CSeries partnership. The European airframer has confirmed that, under the revised ownership agreement for Airbus Canada Limited Partnership, the Investissement Quebec share will ...
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NewsFormer Airbus Americas exec supports smaller Boeing NMA
Boeing needs to reinvigorate aerospace competition with a new aircraft programme, former Airbus Americas president Barry Eccleston said on 12 February, calling for the US airframer to introduce a smaller aircraft than its original draft for a 270-seat New Mid-market Airplane (NMA). “The dominant Airbus, Boeing duopoly” has dulled competition ...
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NewsNew Air Baltic A220 latest to suffer engine failure
Investigators have disclosed that a new Air Baltic Airbus A220-300 which diverted to Bordeaux on 12 February had suffered an engine failure. While the details of the failure, in the left-hand Pratt & Whitney PW1500G powerplant, have yet to be disclosed, the incident follows a series of engine failures on ...
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NewsTurkey’s AtlasGlobal reportedly set to halt flights again
Turkish media are reporting troubled local operator AtlasGlobal is to cease operations again, less than two months after restoring flights.
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NewsUS tightens sanctions squeeze on Conviasa
Venezuelan carrier Conviasa is being subjected to tighter sanctions by the US government intended to prevent alleged presidential misuse of the airline. The US treasury’s Office of Foreign Assets Control has formally listed 40 aircraft in Conviasa’s fleet as blocked Venezuelan government property. This fleet includes an Airbus A340, seven ...
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NewsTecnam sells first special-mission configured P2012 Traveller
Italian airframer Tecnam has sold the first P2012 Traveller in a special-mission configuration following an order for a single unit from with Austro-German engineering and surveying company Airborne Hydro Mapping (AHM)