All news – Page 1363
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Ryanair tightens full-year profit range outlook
Budget carrier Ryanair is expecting a slight improvement to the fare situation over the second half, while other contributing elements have led the airline to narrow its full-year net profit forecast to €800-900 million ($890 million to $1 billion).
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Cebu Pacific firms up A330-900 commitment
Cebu Pacific has firmed up its commitment to acquire 16 Airbus A330-900 aircraft, first made at the Paris air show in June.
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NewsRAF's first Poseidon delivered for training
Boeing has formally delivered a first P-8A Poseidon MRA1 maritime patrol aircraft to the UK Royal Air Force (RAF), with the adapted 737NG to support crew training activities in the USA for the next few months.
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Garuda's nine-month result shows return to profitability
Garuda Indonesia posted an operating of $253 million for the first nine months of 2019, a significant turnaround from a $70.8 million operating loss in the year-ago period.
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JAL adds new routes in 2020
Japan Airlines (JAL) has announced the routes it will launch in 2020, covering flights within Asia-Pacific and to the United States.
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Mahan Air further restricted from European operations
Italian civil aviation regulators have limited the authorisation of Iranian carrier Mahan Air, cutting off its route permits just a month and a half into its winter schedule.
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Ural introduces first A321neo
Ural Airlines has received its first Airbus A321neo, the third aircraft from the re-engined family to enter the Russian carrier’s fleet.
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Loss-making Thai Airways' chairman quits
Thai Airways International's chairman has stepped down amid continuing pressure over the loss-making airline's financial performance.
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Spirit AeroSystems sees Bombardier deal as path to new markets
Spirit AeroSystems views its pending purchase of Bombardier's aerospace businesses as a means to acquire more Airbus work, expand its footprint into lower-cost regions and acquire high-tech, composite manufacturing assets.
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USA approves possible Croatian Black Hawk sale
Croatia is closer to the acquisition of a pair of Sikorsky UH-60M Black Hawk helicopters after the US State Department gave its blessing to the possible deal.
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Indonesia plans to buy two squadrons of F-16s, but also Su-35s
The Indonesian air force plans to buy two squadrons of Lockheed Martin F-16 Block 72 Viper fighters, while also following through on its plan to purchase a squadron of Russian’s Sukhoi Su-35s.
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Thomas Cook shareholder Fosun picks up brand name
Leisure firm Thomas Cook's brand has been acquired by shareholder Fosun Tourism Group as part of an £11 million ($14 million) agreement to pick up assets from the collapsed company.
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AnalysisContrasting fortunes of UAE's two low-cost carriers
It has been a year of contrasting fortunes for the United Arab Emirates’ (UAE’s) two low-cost carriers. All-Airbus operator Air Arabia has continued to thrive, notching up robust first-half profits and adding its first three A321LRs to its fleet of 52 A320s.
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Investigators belatedly detail An-24's fatal loss of stability
Ukrainian investigators have belatedly detailed the deceleration and stall of a heavy Antonov An-24RV which fatally crashed as it attempted to land at Donetsk six years ago.
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SIA Engineering claims strong rise in quarterly profit
Singapore's SIA Engineering boosted operating profit 73% in its fiscal second quarter, to S$19.6 million ($14.4 million).
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Icelandair secures additional 737 Max compensation
Icelandair Group has reached a second agreement with Boeing regarding partial compensation for the 737 Max suspension.
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Mitsubishi Heavy’s aviation unit turns profitable in first half
Mitsubishi Heavy Industries’ (MHI) aircraft, defence and space unit continued to remain in the black, posting a first-half operating profit of Y12.6 billion ($117 million).
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GMF AeroAsia’s nine-month profit tumbles 37%
Indonesian MRO firm GMF AeroAsia saw its nine-month profit nosedive, falling 37% to $24.5 million, as a result of higher operating expenses.
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VietJet to take 20 A321XLRs
VietJet Air is acquiring 20 Airbus A321XLR through a combination of a fresh order placement and converting part of its existing order backlog.
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Ameco obtains EASA approval for 747-8 D-checks
Chinese MRO firm Ameco will conduct the world’s first D-check on a passenger Boeing 747-8, after clinching approval from the European Union Aviation Safety Agency (EASA).