All articles by David Kaminski-Morrow – Page 284
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Norwegian stock price drops after new fundraising round
Scandinavian budget carrier Norwegian's share price has dropped by around 10% after the airline revealed it was seeking additional funding from investors, through a convertible bond issue and a release of new shares.
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A350 set to be integrated into Tianjin completion centre
Airbus is to integrate A350 completion activities into its Chinese facility in Tianjin from the second half of next year. The airframer says it will deliver its first A350 from the completion and delivery centre by 2021. Airbus has confirmed the A350 timelines after reinforcing its partnership with the Chinese ...
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NewsAirbus revises A320 logic after touch-and-go accident
Airbus is developing a retrofit to reduce the risk of system logic weaknesses that played a role in the SmartLynx A320 touch-and-go accident at Tallinn last year.
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Icelandic start-up budget carrier Play plans A321 fleet
Icelandic investors have unveiled a new low-cost airline, branded Play, which intends to use a fleet of Airbus A321s. Play is aiming to operate services initially to Europe, it says. It plans to open routes to a number of North American destinations in spring 2020 and bring its fledgling fleet ...
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NewsWindtunnel beckons for An-124 successor
Russian researchers have constructed a scale model of the proposed ‘Slon’ outsize freight transporter, put forward as a potential successor to the Antonov An-124.
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Tarom seeks US service renewal but no sign of own flights
Romanian flag-carrier Tarom has sought an extension to transatlantic operation authorisation, although it has not indicated plans to operate its own aircraft on North American routes.
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Jazeera nearly doubles nine-month profits
Kuwait's Jazeera Airways has almost doubled its net profit at the nine-month mark to KD16.1 million ($52.2 million), after a stronger third-quarter performance.
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Ukrainian ministry accused of Kiev airport 'favouritism'
Ukraine's infrastructure ministry is facing a case brought by the country's anti-monopoly committee over its decision to offer favourable aeronautical fees at Kiev Borispol airport.
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Safran propulsion head selected to succeed chief Petitcolin
French aerospace firm Safran has named its propulsion division head, Olivier Andries, as its next chief executive from 2021.
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Crippled SmartLynx A320 nursed home after runway strike
Investigators have described the extraordinary effort to control an airborne SmartLynx Airbus A320 using stabiliser trim and thrust from its badly-damaged engines, after the aircraft struck the runway with its engine pods during a failed touch-and-go exercise. The A320 suffered elevator failure as it rolled out after touchdown at Tallinn ...
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IAG acquires Air Europa in bid to transform Madrid
Iberia and Vueling parent IAG has agreed to acquire another Spanish operator, Air Europa, for a cash transaction of €1 billion ($1.1 billion).
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Ryanair cuts 737 Max fleet forecast again
Ryanair has cut back further its Boeing 737 Max fleet forecast, expecting only 20 aircraft to arrive in time for the 2020 summer season.
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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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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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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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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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Icelandair secures additional 737 Max compensation
Icelandair Group has reached a second agreement with Boeing regarding partial compensation for the 737 Max suspension.