All news – Page 2

  • JAL A350-900

    Covid-19 wipes out 78% of JAL’s first-quarter operating revenue


    Japan Airlines posted a Y93.7 billion ($885 million) net loss in the April to June period, as Covid-19-related travel and quarantine measures nearly wiped out the carrier’s passenger revenues. Operating revenues declined by 78.1% year-on-year to Y76.3 billion in the first quarter of the fiscal year (FY) ending ...

  • TUI 737 Max

    TUI agreement further lifts BOC Aviation's 737 Max sale-and-leases


    TUI Group has carried out a sale-and-leaseback of five Boeing 737 Max jets with the Singaporean-based lessor BOC Aviation. The European holiday company values the agreement – reached with UK subsidiary TUI Travel Aviation Finance – at $226 million. TUI Group is expecting the first of the Max ...

  • Pratt & Whitney's Eagle Service Asia facility in Singapore overhauls GTF...

    P&W makes significant cuts to Singapore workforce


    Pratt Whitney, which in recent days refuted rumours that it had axed workers in Singapore, has cut a portion of its workforce in the city-state. The engine-maker, which has been affected by the pandemic-induced economic downturn, says it made the “difficult but necessary decision” to cut “less ...

  • 640 Fokker 70 Alliance c AirTeamImages 255183

    Alliance Aviation picks E190s, says Fokker fleet ‘remains core’


    Australia’s Alliance Aviation has signed for 14 Embraer E190s — in a move to “position us for the next phase of growth” — but has stressed that its fleet of Fokker aircraft will remain in service for the foreseeable future. The deal, valued at $79.4 million, sees Alliance entering ...

  • Vietjet adds 4 new routes with ticket are available now

    VietJet confident of LCC model despite 54% decline in Q2 revenue


    VietJet Air is confident of its financial strength and business model, even though second-quarter operating revenues more than halved amid the global Covid-19 outbreak. The Hanoi-based low-cost carrier reported D1.12 trillion ($48 million) in operating losses for the April to June period, as air transport revenue declined 54% year-on-year ...

  • AirAsia X Thailand Airbus A330neo

    Malaysian brokerage issues dire warning about AirAsia X


    Malaysian brokerage firm CGS CIMB Securities has questioned the ability of AirAsia X to survive the collapse in international air travel. In a research note entitled “Low probability of survival,” CGS CIMB says that the long-haul, low-cost carrier’s first quarter results were just the “opening scene for the horror ...

  • jetstar tail

    Improving travel demand lifts NZ domestic networks


    New Zealand carriers are adding capacity to their domestic networks in the coming months, even as international operations remain grounded due to pandemic-related travel restrictions. Moves by Jetstar and Air New Zealand to add back capacity come on the back of strong domestic travel demand. Low-cost carrier Jetstar ...

  • MH-47G Block II Chinook

    US Army orders 12 additional MH-47G Block II Chinooks


    Boeing has secured a $265 million deal to supply nine additional MH-47G Block II Chinooks for the US Army Special Operations Aviation Command (USASOAC). This brings the total number of MH-47G Block IIs on contract to 24, says Boeing. It adds that USASOAC will receive its first example this ...

  • Nok Air

    The lessors with exposure to Nok Air


    Nok Air has followed the lead of compatriot Thai Airways in filing for business rehabilitation amid the Covid-19 pandemic. The filing is bad news for lessors insofar as it puts an automatic stay on creditor claims, which means no lease rentals will be forthcoming from Nok until at ...

  • SpaceX Crew Dragon splashdown

    SpaceX Crew Dragon splashdown signals US human spaceflight return


    The USA has returned to the human spaceflight business following the successful return to earth of the SpaceX Crew Dragon today, carrying NASA astronauts Bob Behnken and Doug Hurley.

  • Air France A220-300

    Air France-KLM aims to minimise fleet deferrals to keep competitiveness on track


    Just six aircraft ordered by Air France-KLM have so far been pushed back to later delivery slots in the past six months, although KLM has yet to detail its full fleet plan. Air France-KLM states that its competitiveness and sustainability is closely tied to its fleet and network strategy. ...

  • Aeroflot 777-300ER

    Russian carriers begin resuming international services


    Russian operators are restarting international services after the government started clearing restoration of links with countries including Turkey, the UK and Tanzania. Aeroflot is re-opening its links from Moscow Sheremetyevo to Istanbul and London Heathrow on 1 August, both routes being served by Boeing 777s. Aeroflot’s budget sister ...

  • F-35A

    Canada takes bids for F-35s, F/A-18s and Gripens


    Canada has received bids to replace its jet fighter fleet with either Lockheed Martin F-35s, Boeing F/A-18E/F Super Hornets or Saab Gripen E fighters.

  • ExpressJet_United

    ExpressJet studying options amid warning of ‘wind down’


    ExpressJet Airlines is evaluating “options for the future” following a severed relationship with United Airlines, though the regional carrier’s trade association says ExpressJet has warned of a “potential phased wind down”.

  • British Airways @ Heathrow March 2019

    British Airways pilots strongly back cost-savings pact


    British Airways pilots have voted convincingly in favour of accepting a pay deal recently negotiated between the airline and its cockpit union. The union, BALPA, says that 85% of its members backed the deal, based on a turnout of 87%. BALPA expects around 270 compulsory redundancies but says ...

  • United_Ohare

    United plans to furlough at least one third of pilots


    United Airlines plans to furlough at least one-third of its total pilot population as the carrier continues to grapple with the coronavirus pandemic’s long-term effects on the air transport industry.

  • Gol first 737 Max

    ​Gol sees Q3 as bridge to new normal


    Brazilian airline Gol reported a second-quarter loss of R2 billion ($384,000) as the coronavirus crisis ravaged the air transport industry in the Latin American country.

  • Air_Canada_B777-200LR

    Air Canada reports second-quarter loss of C$1.8bn


    Air Canada posted a stunning C$1.8 billion ($1.5 billion) loss during the second quarter, as the coronavirus shut down almost all air travel in the country, and government-imposed restrictions kept passengers away.

  • British Airways cabin cargo

    IAG Cargo sees large revenue gain after responding to freight crisis


    IAG’s cargo arm has seen a surge in revenue and yield after quickly responding to the changing market conditions brought on by the coronavirus pandemic.

  • British Airways Airbus A318

    BA axes A318 premium service that took over Concorde flight number


    British Airways is to axe its premium Airbus A318 transatlantic service from London City to New York JFK, as part of its re-organisation to deal with the air transport crisis. The operation had already been halved to a single aircraft, after BA transferred the other A318 used on the ...