All News articles – Page 103
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NewsGol’s financial restructuring approved by US bankruptcy court
Brazilian carrier Gol secured approval on 20 May of its financial restructuring plan after filing for Chapter 11 bankruptcy last year.
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News‘Massive over-capacity’ still defines Europe’s business aviation sector
Europe’s business aviation sector is still adjusting to an environment of excess capacity precipitated by declining demand following the booming Covid-19 years.
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NewsEDF awards Airbus and Leonardo-led consortium €100m for next-gen military rotorcraft research
A 45-member consortium headed by Airbus Helicopters has been selected to share almost €100 million ($113 million) from the European Defence Fund (EDF) to develop the technologies needed for a future military rotorcraft.
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NewsExecutives see cost of SAF holding back wider adoption for business aviation
Ramping up the availability of sustainable aviation fuel (SAF) remains a key challenge for business aviation, with executives blaming the high cost of the product for slowing attempts to increase uptake in the sector.
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NewsAbu Dhabi’s Etihad turns in record first-quarter profit
Middle Eastern carrier Etihad Airways has posted its highest first-quarter net profit, up 30% to Dhs685 million ($187 million), which it attributes to strong demand and efficiency gains. Passenger and cargo activity drove a 15% rise in revenues to Dhs6.6 billion, the Abu Dhabi-based airline states. Its fleet has increased ...
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NewsNorse Atlantic slashes losses as 787 leases help lift first-quarter revenues
Norse Atlantic Airways has slashed its first-quarter losses, bringing down its operating loss for the period by 90% and its net loss by more than 75%. It is aiming to deliver full-year profitability for 2025 following a revision of its business model, under which it intends to offset seasonal fluctuations ...
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NewsCertification changes fortunes for Catalyst
Just months ago, GE’s Italian unit Avio Aero gained the long-overdue certification for the powerplant from the Federal Aviation Administration, in turn clearing an obstacle in the way of service entry for Textron Aviation’s Beechcraft Denali.
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NewsHigh demand keeps El Al financial performance strong in first quarter
Israeli flag-carrier El Al’s first-quarter financial performance has improved, even upon the unusually-high figures from last year, as strong demand for the airline’s flights persisted. El Al says the demand continued to be “significantly higher” than the supply of seats it could offer – generating average load factors above 94%, ...
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NewsSIA Engineering extends services deal with parent Singapore Airlines
SIA Engineering (SIAEC) has renewed and expanded a services agreement with parent company SIA and low-cost operator Scoot.
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NewsUSA clears possible AW119Kx sale to Bosnia and Herzegovina
The US government has cleared the possible sale of Leonardo Helicopters AW119Kx rotorcraft to Bosnia and Herzegovina.
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NewsFAA imposes flight cuts at Newark after spate of disruptions
The US Federal Aviation Administration has capped the number of flights at New Jersey’s Newark Liberty international airport, following a series of well-publicised ATC outages and delays.
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NewsFirst A321XLR with Pratt & Whitney engines delivered to budget carrier Wizz Air
Central European budget carrier Wizz Air has taken delivery of its initial Airbus A321XLR, becoming the first operator to have the long-range type with Pratt & Whitney engines. The airline has configured the twinjet, which carries the UK registration G-XLRA, with a single-class layout featuring 239 seats. Wizz had intended ...
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NewsSloane Helicopters extends Leonardo partnership and orders three more AW109 Trekkers
Leonardo Helicopters and UK and Ireland distributor Sloane Helicopters have celebrated their 30-year partnership by renewing their commercial agreement for another three years and unveiling a fresh order for three more AW109 Trekkers.
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NewsViasat sees strong take-up for JetXP business aviation connectivity service
Viasat is reporting strong customer take-up for its JetXP next-generation business aviation connectivity service, which it rolled out in October last year, as it enhances its product offering following the acquisition of Inmarsat two years ago.
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NewsPrince steps up MRO capability on back of hangar expansion
Serbian business aviation specialist Prince Aviation is powering up its maintenance capabilities following the opening of a new hangar at Belgrade airport last September.
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NewsMalaysian military to field AW149s via major Leonardo/Weststar deal
Leonardo Helicopters is to provide up to 28 new rotorcraft to support a variety of missions for Malaysia’s armed forces and government agencies.
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NewsBombardier hails maiden flight success of first production Global 8000
Bombardier has performed the maiden sortie of its ultra-long-range Global 8000 business jet, with the first test aircraft completing the milestone on 16 May from Toronto Pearson International airport.
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NewsRussia’s S7 Airlines names new chief executive
Russian carrier S7 Airlines has appointed a new chief executive, Igor Melkhov, according to the country’s official corporate registry. Melkhov is listed as the general director of the Novosibirsk-based airline in a 19 May update to Russia’s unified state register of legal entities. Source: S7 Airlines Melkhov has ...
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NewsDeutsche Aircraft nears roll-out of initial prototype D328eco
Deutsche Aircraft is preparing to unveil its first flying prototype of the D328eco turboprop, which will be rolled out from the company’s Oberpfaffenhofen facility at the end of May. The prototype, designated TAC1, has been constructed by using two Dornier 328 airframes to create a stretched fuselage. It comprises the ...
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NewsLeonardo Helicopters sees growing VIP role for AW109 Trekker
Leonardo Helicopters arrives at EBACE amid continued strong demand for its range of twin- engined VIP rotorcraft, with an Agusta AW109 Trekker on its stand also holding the distinction of being the only aircraft at the show.