News from FlightGlobal – Page 195
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NewsWizz Air becomes first European recipient of Chinese-built A321neo
Central European budget carrier Wizz Air has taken delivery of an Airbus A321neo manufactured at the airframer’s Chinese assembly line. Wizz is claiming to be the first European carrier to take an A321neo from the plant at Tianjin. The aircraft – powered by Pratt & Whitney PW1100G engines – will ...
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NewsRussian civil aviation regulator grants life extension to An-148
Russia’s federal air transport regulator has granted life-extension approval for the Antonov An-148 regional twinjet, increasing it from 10 to 30 years. Rosaviatsia says the work to extend the type’s life has been conducted in “strict accordance” with regulations and international practice. The An-148 was originally developed by Ukrainian design ...
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NewsQantas ‘on track’ for record profit targets as peak travel season looms
Qantas says it remains “on track to deliver” a record profit for the year ending 30 June, as it expects a bumper holiday travel season in July.
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NewsRex blames ‘supply chain shocks’ in surprise loss forecast
Australia’s Regional Express expects to post an annual loss, in a sobering about-face from its optimism of returning to profitability earlier this year, as it blames supply chain “shocks” as well as a decline in business travel demand.
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NewsUS airlines gear up for busy Independence Day holiday travel
US airlines are preparing for their busiest Independence Day travel period since the beginning of the global Covid-19 pandemic.
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NewsSiberia’s Yakutia could turn to Tu-214s for fleet modernisation
Siberian carrier Yakutia could introduce Tupolev Tu-214s as part of its fleet modernisation programme, under a governmental agreement. The government of the Sakha republic has formally expressed interest – through an agreement at an international economic forum in St Petersburg – in acquiring the type for Yakutia. Yakutia has indicated ...
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NewsSpain’s Privilege Style brings in A330-200 to replace 767
Spanish private and wet-lease operator Privilege Style has introduced an Airbus A330-200 which will replace the company’s Boeing 767-300ER. Set up in 2003, Privilege Style is based in Palma de Mallorca, and specialises in customised ad hoc services for corporate entities, sports teams, humanitarian organisations and tour operators. It identifies ...
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NewsGaruda, GE Aerospace enter engines partnership
Garuda Indonesia and GE Aerospace have entered into a wide-ranging strategic cooperation covering the carrier’s fleet of CFM International and GE engines.
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NewsCathay forecasts first half-yearly profit since 2019
Cathay Pacific Group is expected to report a profit for the first half of 2023 – its first since 2019 – amid a “strong rebound” in operating perfomance.
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NewsUS start-up Flyshare signs for 250 ZA2000 powertrains from ZeroAvia
Advanced propulsion system developer has detailed an agreement with California-based Flyshare – which intends to operate under the name Air Cahana – covering the supply of 250 of its ZA2000 hydrogen fuel cell powertrains.
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NewsAfter 14 years, first Iraqi Airways 787 touches down in Baghdad
Iraqi Airways has taken delivery of its first Boeing 787, one of 10 that the Baghdad-based airline has on order. The Iraqi government originally reached the agreement for the twinjets in late 2009. “As domestic and international air traffic gains momentum, it’s crucial that our Iraqi Airways fleet matches ...
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NewsFedEx to ground more aircraft as profits come under pressure
Freight giant FedEx will ground more aircraft after both revenues and operating income declined during its fiscal fourth quarter due to “demand weakness and cost inflation”.
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NewsLufthansa continues non-core divestments with sale of business-travel payment arm
Lufthansa Group has divested its specialist corporate travel payments subsidiary AirPlus Servicekarten to the Swedish financial institution SEB Kort Bank. The sale is worth around €450 million ($495 million). Lufthansa Group had previously signalled that it was looking at divesting AirPlus, along with other non-core businesses, as part of a ...
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NewsWhy pilots of ditched Transair 737 identified, then misidentified, failed engine
US investigators believe pilots of a Transair Boeing 737-200 freighter which ditched in the ocean off Honolulu did not verify which engine had failed shortly after take-off, despite initially correctly identifying the damaged powerplant. When the first officer, who was flying the twinjet, reduced thrust to decelerate, this obscured obvious ...
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NewsRiyadh Air picks GEnx engines to power Dreamliners
Ambitious Saudi start-up Riyadh Air has picked GE Aerospace GEnx engines to power its on-order Boeing 787-9s.
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NewsAvolon satisfied with healthy order backlog
“Without question, the order book is exactly where we want it to be for the next three years,” says Andy Cronin, chief executive of global lessor Avolon, announcing the signing of a memorandum of understanding to order 20 Airbus A330neos at Paris air show on 21 June.
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NewsPorter agrees E195-E2 sale-and-leaseback deal with Avolon
Canadian regional carrier Porter Airlines has agreed to sell 10 of its incoming Embraer 195-E2s to aircraft lessor Avolon and buy back the E-jets.
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NewsEmbraer eyes freighter conversion line in China as it reveals E-Jet P2F deal
Embraer signed a letter of agreement with Lanzhou Aviation Industry Development Group for 20 E-Jet passenger-to-freighter (P2F) conversions at the Paris air show on 21 June, in a deal that could see it establish a conversion facility in China.
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NewsFirst metal cut for new D328eco with supply chain now 90% ‘locked down’
Deutsche Aircraft has begun cutting metal for the first parts to equip its initial D328eco prototype as it works towards a first flight of the turboprop in mid-2025. Dave Jackson, managing director of the German airframer, says 90% of the aircraft’s supply chain has now been “locked down”. ...
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NewsTAAG picks up more A220s from leasing sector
Angolan flag-carrier TAAG is adding to its Airbus A220 leasing agreements by taking a pair of aircraft from Nordic Aviation Capital. The lessor is to supply -300 variants to the African operator. NAC says the jets are the first of its portfolio of A220s to be leased out. It has ...