All articles by Pilar Wolfsteller – Page 4
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NewsLHT to coat four Austrian 777s with emissions-reducing AeroShark film
After 17 Lufthansa Group long-haul aircraft were outfitted with its AeroShark riblet surface film, four Austrian Airlines Boeing 777-200ERs will be next to get the emissions-saving film installed, Lufthansa Technik says.
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NewsSwiss Boeing 777 stuck in grass at Astana after diverting for medical emergency
A Swiss International Air Lines Boeing 777-300ER with 319 passengers and 18 crew on board suffered a runway mishap in Astana after diverting to the Kazakh capital due to a medical emergency.
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NewsCurrency and capacity pressures push Brazil’s Gol to R3.9bn loss in second quarter
Brazil’s Gol posted a second-quarter loss of R$3.9 billion ($700 million) as an unfavourable exchange rate hit the company’s earnings, and passenger capacity fell, denting revenues.
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NewsUS judge throws out consumer lawsuit against Alaska acquisition of Hawaiian
A US judge has dismissed a lawsuit against Alaska Airlines’ planned acquisition of Hawaiian Airlines due to the plaintiffs’ lack of standing.
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NewsVolocopter regroups after training sprints during Paris Olympics
German air taxi developer Volocopter has its sights set on further operational milestones as it regroups following the Paris Olympics, where it had intended to launch commercial operations of its fourth-generation multi-rotor vehicle, VoloCity, but had to be satisfied with conducting a series of demonstration flights under a permit-to-fly.
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NewsStrong airline experience among Elliott’s picks as Southwest board replacements
Activist shareholder Elliott Investment Management has put forward 10 candidates – including former airline chiefs David Cush and Gregg Saretsky – to replace Southwest Airlines’ board, which it sees as “profoundly out of touch” with investors following a series of blunders earlier this year.
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NewsAzul reports R$3.9b loss as value of Brazilian real tanks
Azul posted a R$3.87 billion ($703 million) loss for the second quarter of the year after the devaluation of the Brazilian real to the dollar, as well as higher fuel costs, hit the company’s earnings.
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NewsArcher secures further financing from Stellantis and details LA network
Silicon Valley-based electric vertical take-off and landing aircraft developer Archer Aviation has secured additional financing from its backer Stellantis.
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Airline BusinessLATAM Airlines Group puts its money on international connections
Almost two years after emerging from pandemic-driven bankruptcy protection proceedings, Chile’s LATAM Airlines Group is looking to the future with confidence as it builds out its international operations
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NewsPanama’s Copa Airlines second-quarter profit reaches $120m
Panama-based Copa Holdings, parent of Copa Airlines, posted a $120 million profit in the second quarter as the company committed to cost savings and as passenger demand remained high.
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NewsLATAM Airlines Group second-quarter profit flat at $145m
Increased international demand boosted LATAM Airlines Group’s second quarter results as the Santiago-based company posted a profit of $145 million.
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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.
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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”.
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NewsDutch start-up Maeve and P&WC to collaborate on hybrid powertrain for M80
Start-up Maeve Aerospace and Pratt & Whitney Canada are to collaborate on the design of hybrid-electric propulsion technologies for the Dutch firm’s developmental M80 aircraft.
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NewsBridging talent gap and supply chain uncertainty dominate industry concerns: McKinsey
The aviation and aerospace industry will have to find new solutions to supply chain and talent challenges as it deals with continued post-Covid-19 uncertainty.
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NewsHoneywell and Odys Aviation collaborate on ground stations
Honeywell and Odys Aviation have signed a memorandum of understanding to collaborate on ground control stations for Odys’ uncrewed hybrid vertical take-off and landing aircraft Laila in the Middle East and Pacific regions.
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NewsEmbraer receives ANAC certification for E190 Freighter
Embraer’s first passenger-to-freighter model, the E190F, has been certificated by Brazil’s aviation regulator ANAC.
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NewsEmbraer sees potential order pipeline for 300 commercial aircraft
While Embraer has so far not announced any commercial jets orders at this year’s Farnborough air show, chief executive Arjan Meijer says there are numerous deals in the pipeline for at least 300 aircraft.
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NewsEmbraer confirms Paraguay order for six Super Tucanos
Embraer Defense & Security has dislcosed an order for six of the company’s A-29 Super Tucano light-attack turboprop aircraft.
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NewsVolaris posts $10m second-quarter profit on 17% lower capacity
Mexican ultra-low-cost carrier Volaris earned $10 million in the second quarter of the year, up from $6 million last year, as the company mitigates the effects of the Pratt & Whitney engine inspection recall.