All news – Page 2

  • JAL A350-900
    News

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

    2020-08-03T08:31:00Z

    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
    News

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

    2020-08-03T08:25:00Z

    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...
    News

    P&W makes significant cuts to Singapore workforce

    2020-08-03T07:51:00Z

    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
    News

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

    2020-08-03T05:59:00Z

    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
    News

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

    2020-08-03T03:59:00Z

    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
    News

    Malaysian brokerage issues dire warning about AirAsia X

    2020-08-03T03:54:00Z

    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
    News

    Improving travel demand lifts NZ domestic networks

    2020-08-03T02:26:00Z

    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
    News

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

    2020-08-03T02:23:00Z

    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
    Analysis

    The lessors with exposure to Nok Air

    2020-08-03T00:44:00Z

    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
    News

    SpaceX Crew Dragon splashdown signals US human spaceflight return

    2020-08-02T19:04:00Z

    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
    News

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

    2020-08-01T19:31:00Z

    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
    News

    Russian carriers begin resuming international services

    2020-08-01T07:36:00Z

    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
    News

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

    2020-07-31T21:27:00Z

    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
    News

    ExpressJet studying options amid warning of ‘wind down’

    2020-07-31T20:23:00Z

    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
    News

    British Airways pilots strongly back cost-savings pact

    2020-07-31T20:00:00Z

    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
    News

    United plans to furlough at least one third of pilots

    2020-07-31T19:20:00Z

    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
    News

    ​Gol sees Q3 as bridge to new normal

    2020-07-31T17:08:00Z

    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
    News

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

    2020-07-31T15:03:00Z

    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
    News

    IAG Cargo sees large revenue gain after responding to freight crisis

    2020-07-31T14:37:00Z

    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
    Opinion

    BA axes A318 premium service that took over Concorde flight number

    2020-07-31T14:08:00Z

    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 ...