All News articles – Page 274
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NewsUS Army takes delivery of first Block II CH-47F
The delivery of a remanufactured CH-47F Chinook in the latest Block II standard marks a milestone in the US Army’s strategy to modernise its aviation fleet.
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NewsBoeing to maintain Spirit AeroSystems’ defence contracts
The troubled aerostructures manufacturer has become an important supplier of several key US defence programmes, including the air force’s new stealth bomber and the army’s next-generation tiltrotor.
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NewsAirbus could still pick up Spirit AeroSystems entities in Scotland and Malaysia
Airbus’s framework agreement with Spirit AeroSystems shows that the aircraft manufacturer might yet acquire Scottish or Malaysian operations of Spirit if a third-party buyer does not emerge. Both Spirit’s Glasgow Prestwick division and its Subang airport arm in western Kuala Lumpur supply components for Airbus programmes. Neither has been included ...
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NewsLockheed wavering over NMH bid, sources suggest
Lockheed Martin appears to be on the verge of walking away from the UK’s New Medium Helicopter (NMH) contest without submitting the Sikorsky S-70M Black Hawk for the final stage of the procurement.
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NewsNew Pacific Airways chief executive Rob McKinney abruptly leaves post
Rob McKinney, chief executive of Alaskan regional airline Ravn Alaska and floundering start-up carrier New Pacific Airways, has left the group effective immediately.
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NewsPropellers come full circle with urban, regional air mobility
As climate imperatives increasingly challenge air transport, the sector is desperately seeking new technologies to mitigate damage caused by the old ones.
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NewsEve secures $94m in new financing
Embraer-backed urban air mobility company Eve Air Mobility has secured $94 million in fresh financing from multiple investors that will close in “the coming weeks”.
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NewsAir France-KLM flags summer bookings hit from Paris Olympics
Air France-KLM has warned that travellers avoiding Paris due to the forthcoming Olympic Games could cause a revenue hit of up to €180 million ($193 million) at its French operations.
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NewsAirbus chief: Acquisition of Spirit A350 and A220 work unexpected but necessary
Airbus chief executive Guillaume Faury admits that the airframer was not expecting to be negotiating an acquisition of key aircraft programmes from beleaguered US firm Spirit AeroSystems, but insists it is necessary and that Airbus is ready to absorb them.
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NewsAir India to set up pilot training school in Amravati
Air India plans to set up a pilot training school with the aim of graduating 180 commercial pilots annually.
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NewsEmirates unveils initial routes for refurbished 777-300ERs
Middle Eastern carrier Emirates has unveiled initial destinations to which it will deploy Boeing 777-300ERs with refurbished interior. The first aircraft – out of 81 of the type to be refreshed – is undergoing the modification from 1 July. Emirates says it will offer the upgraded cabin initially on services ...
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NewsWestJet maintenance workers withdraw strike action
WestJet’s mechanics and technical employees have agreed to withdraw strike action and return to work while their union, the Aircraft Mechanics Fraternal Association (AMFA), negotiates a new contract with the company.
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NewsUnions oppose Air Incheon’s bid for Asiana’s cargo business
Unions have put yet another obstacle in the path of Korean Air’s delayed acquisition of Asiana Airlines by objecting to both the nature of the takeover and the choice of Air Incheon as the preferred bidder for the sale of Asiana Airlines’ cargo business.
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NewsCargoLogicAir administrators wrestle to recover deleted vital records
Joint administrators of former UK-based freight carrier CargoLogicAir are pressuring software specialist Microsoft to recover essential financial data, after records were deleted when user access was withdrawn. CargoLogicAir, which operated a fleet of Boeing 747 freighters, was linked to Russian freight company Volga-Dnepr Group. Sanctions imposed over the Ukrainian conflict ...
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NewsBoeing and Airbus agree to split up Spirit AeroSystems’ operations
Boeing has confirmed it will take over US-based aerostructures firm Spirit AeroSystems in an $8.3 billion agreement, including net debt, with Airbus poised to acquire its key programmes from the company. The all-stock transaction has an equity value of $4.7 billion, with each share of Spirit stock being exchanged for ...
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NewsDOJ offers 'sweetheart' plea deal to Boeing for violating Max fraud agreement: attorneys
The US Department of Justice (DOJ) is offering a settlement package to Boeing that would see the company plead guilty to fraud charges, pay a $244 million fine and be subject to continued government oversight.
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NewsWestJet suffering network-wide disruptions as maintenance workers strike
WestJet’s operations over the long Canada Day weekend have been massively disrupted by striking mechanics, forcing the airline to cancel hundreds of flights and disrupt the air travel plans of thousands of passengers.
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NewsUS start-up Universal Hydrogen runs out of cash and folds
US advanced propulsion developer Universal Hydrogen has burned through its cash reserves and is folding as a company.
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NewsUS discounter Avelo cuts flights to rural Northern California city
US start-up carrier Avelo Airlines plans to stop operating flights from Redding to Southern California in August, citing the departure of its ground handling partner at Redding Regional airport.
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NewsSAS restructuring aid cleared by European Commission
Scandinavian operator SAS has secured European Commission approval for a restructuring aid package worth up to €1.3 billion ($1.4 billion) intended to support the company’s efforts to achieve long-term sustainability. SAS has been undergoing a restructuring programme – known as ‘SAS Forward’ – while under US Chapter 11 bankruptcy protection. ...