All News articles – Page 237
-
NewsAir Canada second-quarter profit slides to C$410m amid a tough international market
Air Canada posted a profit of C$410 million ($298 million) during the second quarter, a decline of more than 50% from the same period last year, as costs rose and load factor as well as yields declined in an ever-tougher international market.
-
NewsHigher fuel, manpower costs dent Korean Air Q2 profits
Korean Air reported a drop in its second-quarter operating profit, despite posting record revenues on the back of strong passenger and cargo demand.
-
NewsThink tank raises concerns about timeline, cost of CCAs
A think tank feels that the US Air Force is essentially on the right track to fielding collaborative combat aircraft (CCA), but raises concerns about the speed of the programme and the potential for higher than anticipated costs per aircraft.
-
NewsGE Aerospace offset deal anticipates big Polish AH-64E buy
GE Aerospace has entered a Polish offset agreement related to Warsaw’s prospective acquisition of 96 Boeing AH-64E Apache attack helicopters.
-
NewsAircraft engine work drives first quarter revenues at IHI, MHI
The aerospace units of Japanese bellwethers IHI and Mitsubishi Heavy Industries have posted stronger first quarter revenues.
-
NewsUK advertising regulator raps Virgin over description of pioneering 100% SAF flight
Virgin Atlantic has become the latest carrier to be rapped over promotional claims regarding the environment, specifically over descriptions of its pioneering transatlantic sustainable-fuel flight last November. The carrier conducted the Boeing 787-9 flight from London Heathrow to New York JFK with its engines powered solely by sustainable aviation fuel, ...
-
NewsNew pylon boosts B-1B’s weapons carriage
The US Air Force is testing a new weapons pylon on the Boeing B-1B bomber that will enable aircraft to carry a broader range of weapons.
-
NewsCathay’s first-half profit down amid yield decline, rising fuel costs
Hong Kong’s Cathay Pacific group remained in the black its half-year earnings, though it saw its operating profit decrease on the back of shrinking yields and rising fuel costs.
-
NewsCathay picks A330neo as future mid-sized widebody in 30-aircraft deal
Cathay Pacific has selected the Airbus A330-900 as its new mid-sized widebody replacement, after placing a firm order for 30 new aircraft with rights for another 30.
-
NewsScoot to grow regional network as more E2s enter fleet
Scoot will take delivery of its third and fourth Embraer E190-E2 in September and October, as it adds two destinations to its Southeast Asian network.
-
NewsPilot associations urge Airbus to resist steps towards reduced-crew operations
Cockpit crew representatives have asked Airbus’s leadership to reconsider its exploration of single-pilot operations, citing the recent IT-related air transport disruption as illustrating the risks of over-reliance on technology. Three pilot associations – the US ALPA International, Europe’s ECA, and international federation IFALPA – have written to Airbus chief Guillaume ...
-
NewsAJet adds extra back-up aircraft to bolster operations
Turkish Airlines low-cost unit AJet lifted to a dozen the number of back-up aircraft as well adding more buffer into its operations as part of efforts to bolster its performance amid challenges to its aircraft availability.
-
NewsLATAM to invest $2bn in Brazil in the next two years
Chile’s LATAM Airlines Group has pledged to invest $2 billion in Brazil in the next two years, focusing on “products, technologies and services for passengers as well as aeronautical maintenance activities”.
-
NewsTrim servo fault could explain crashed S-92's unexpected nose-up pitch
Norwegian investigators have identified a fault in a pitch-trim servo circuit which might explain the unexpected pitch-up of a Sikorsky S-92 just before it fatally crashed during a North Sea search-and-rescue training exercise. This exercise involved locating a radio beacon, after which the crew activated an automatic flight-control system mode ...
-
NewsFly Lili cleared to introduce A319 after spat with Romanian regulator
Romanian carrier Fly Lili has secured approval to introduce an Airbus A319, weeks after a row with the country’s civil aviation regulator over hold-ups in the process. Fly Lili says it has “successfully completed” the induction of the A319 (YR-LIC) onto its air operator’s certificate. The aircraft will be stationed ...
-
NewsAeroflot files Rb7.3bn court claim against Yakovlev but reasons unclear
Russian flag-carrier Aeroflot has filed a claim against aerospace firm Yakovlev with the Moscow arbitration court. While the fundamental argument and details of the case have not been revealed, the claim sum disclosed by the court filing is just under Rb7.3 billion ($86 million). Yakovlev is the manufacturer of Superjet ...
-
NewsSupply chain woes ‘significant’, but Singapore-based carriers remain ‘poised for growth’: consultancy
A new report from Alton Aviation Consultancy on the Singapore aviation sector has warned that supply chain issues – including a shortage of jets – are likely to persist into the medium term, even as the country’s airlines remain “poised for growth”.
-
NewsSpirit AeroSystems lost $415m in second quarter as deliveries stalled
Elevated costs, production slowdowns and delayed 737 fuselage deliveries drove aircraft structures producer Spirit AeroSystems to a $415 million loss in the second quarter of 2024.
-
NewsHigher costs dent Turkish Airlines’ second-quarter profit despite cargo lift
Turkish Airlines operating profits slipped 25% in the second quarter to $591 million amid heightened cost and unit revenue pressure, despite reporting a near 10% jump in revenues.
-
NewsBoeing delivers first MH-139A produced under low-rate contract
Boeing has delivered to the US Air Force (USAF) the first MH-139A Grey Wolf helicopter produced under the company’s initial low-rate production contract.