All News articles – Page 515
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NewsJet2 becomes latest carrier to detail investment in sustainable fuel facility
UK leisure travel and budget airline firm Jet2 is investing in a sustainable aviation fuel plant which will be established near Liverpool. The company will take an equity stake in the Ellesmere Port plant, which will start operations in 2027 and produce fuel from non-recyclable household waste. Fulcrum BioEnergy will ...
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NewsStarlux marks long-haul foray with inaugural Los Angeles flight
Taiwanese operator Starlux Airlines has begun trans-pacific flights to Los Angeles, as it eyes opportunities in the North America-Asia transit market.
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NewsIcelandic carrier Play’s first quarter burdened by ramp-up expenditure
Ramp-up costs for Icelandic budget carrier Play’s summer season affected the airline more heavily than last year. The carrier has disclosed a net loss of $17.2 million for the first quarter of this year, compared with the previous loss figure of $11.2 million. But it says operating losses of $17.7 ...
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NewsIcelandair passenger activity strong in first quarter but cargo proves disappointing
Icelandair Group’s passenger operations proved strong over the first quarter, but the company is citing an unfavourable market – as well as schedule irregularities – for a below-expectation performance in the cargo sector. The company generated revenues of $233 million, including $170 million from passenger services, with record unit revenues. ...
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NewsHainan Airlines commits to 60 C919s, 40 ARJ21s
Hainan Airlines has disclosed commitments for 60 Comac C919 narrowbody aircraft and 40 ARJ21 regional jets meant for two airline units, providing an orderbook boost even as the airframer grapples with service entry delays.
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NewsUS Army to decide future of heavy-lift fleet by year-end
The US Army plans this year to settle details about the future composition of its cargo fleet, a plan that may include purchasing the latest version of Boeing’s CH-47 Chinook.
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NewsToo few Honeywell turbofans hold up Gulfstream’s Q1 deliveries
Shortages of Honeywell turbofans kept Gulfstream from delivering two G280 super-midsize business jets in the first quarter, as supply chain troubles persisted – and in some cases worsened.
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NewsSkyWest misses Q1 profit, ‘making good headway’ on pilot shortage
The carrier may have turned a corner on losing pilots to major US carriers – many of which it contracts with.
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NewsCharter business helps drive Sun Country's first-quarter profit
Sun Country Airlines posted a $38 million profit in the first quarter of 2023, driven partly by the increasing strength of its charter business.
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NewsSAF and turboprops are best way to decarbonise aviation in short-term, says white paper
Only increased production of sustainable aviation fuel (SAF) and reintroduction of turboprops in place of jets, plus incentives to speed retirements of older gas-guzzlers, will help commercial aviation reach its decarbonisation goals in the short term, a new white paper argues.
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NewsUS bank stress dampens Bombardier’s Q1 orders as revenue surges
Trouble at US regional banks eroded some of Bombardier’s expected first-quarter order activity, a change following several years of exceedingly strong demand for new business jets.
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NewsSouthwest loses $159m in Q1, cuts 2023 capacity expectations
Southwest Airlines still feels lingering effects from its December 2022 operational meltdown and is now feeling squeezed by Boeing aircraft delivery delays.
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NewsToyota and Joby Aviation deepen their partnership
Japan’s Toyota Motor Corporation will supply Joby Aviation with “key powertrain and actuation components” for Joby’s in-development electric vertical take-off and landing (eVTOL) aircraft.
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NewsSouthwest cuts expected 2023 Max 8 deliveries by 20 jets
Southwest Airlines is now expecting 20 fewer new Boeing 737 deliveries in 2023 than previously estimated.
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NewsSpirit to soon take delivery of first of 41 A321neos
Spirit Airlines will accept delivery of the first of 41 Airbus A321neo aircraft it has on order sometime “over the next week”.
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NewsAmerican posts Q1 profit of $10m amid ‘dynamic’ air travel demand
American Airlines posted a profit of $10 million – its first first-quarter profit in four years – as demand for air travel remained “dynamic”.
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NewsAgeing freighters face fallout from reduced air cargo demand
Older freighters are being grounded as a result of ongoing reduced demand and increased capacity in the air cargo sector, according to Sander Schuringa, manager of market intelligence at Seabury Cargo.
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NewsLufthansa to start Munich-Bangalore flights, adds A380 to Bangkok and LA routes
Lufthansa is to begin services this winter to Bangalore in India, part of an expansion of its operations from Munich which will also see it deploy its returned Airbus A380s on flights to Bangkok and Los Angeles from the German city.
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NewsFinnair cautious on post-summer demand as it welcomes small Q1 profit
Finnair highlighted uncertainty about the durability of high passenger demand as it reported its third consecutive quarterly operating profit amid a strategic overhaul of the business.
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NewsUSA approves possible $1 billion Norwegian purchase of six Seahawks
US officials have approved the possible sale of six Sikorsky MH-60R Seahawk maritime helicopters and related equipment to Norway.