All Air Transport articles – Page 121
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NewsP&W’s commercial engine deliveries hit post-pandemic high in Q3 as profits soar
Pratt & Whitney delivered more large commercial aircraft engines in the third quarter of 2022 than in any period since early 2020, powering the engine maker to a $316 million quarterly operating profit, up 69% year on year.
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NewsAir Cote d’Ivoire orders two A330neos
Air Cote d’Ivoire has placed a firm order for two Airbus A330neos as it seeks to expand into long-haul markets
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NewsGE Aerospace’s third-quarter profit surges on higher Leap deliveries and aftermarket bump
GE Aerospace’s third-quarter profit shot up more than 50% year on year in the third quarter of 2022 to $1.3 billion, reflecting a significant bump in engine deliveries and increasing demand for aftermarket services.
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NewsNesma aims for fleet expansion after Egyptian investment
Egyptian carrier Nesma Airlines is looking to expand its fleet next year, having consolidated its operation under a single air operator’s certificate. The airline was operating with Egyptian and Saudi Arabian licences but has been brought under Egyptian investment, chief executive Karim Baky told FlightGlobal at the Arab Air Carriers ...
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NewsRoyal Jordanian modernises but cost pressures push back break-even target
Royal Jordanian Airlines expects its break-even target to be pushed back at least to 2024 as a result of the continuing pressures on the air transport industry. Speaking to FlightGlobal at the Arab Air Carriers Organization conference in Abu Dhabi, Royal Jordanian chief executive Samer Majali said the carrier had ...
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NewsHeart saw losses grow in 2021 on expansion drive
Gothenburg-based Heart Aerospace made a net loss of SKr77.8 million ($6.9 million) in the 12 months to 31 December 2021, a sharp fall on the SKr5.4 million net profit recorded the previous year, as the company went through a period of rapid expansion.
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NewsPositive thinking: how pilot with HIV battled ban to achieve dream
Loganair first officer James Bushe always had an ambition to fly professionally. His problem: a medical condition that meant he could not obtain his licence
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AnalysisMax variants to miss certification cut-off
Boeing appears set to miss a critical December deadline to secure certification for its 737 Max 7, after it was late in providing some supporting assessments to the US Federal Aviation Administration.
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NewsTAP to withdraw White-operated ATRs in favour of Portugalia E-Jets
Portuguese flag-carrier TAP is rejigging its regional aircraft composition, ditching some of its wet-leased ATRs in favour of Embraer jets from its Portugalia arm. Conditions attached to the airline’s restructuring programme limit its fleet size to a maximum of 99 aircraft. The carrier has also had to surrender slots. This ...
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NewsHawaiian to operate 10 A330Fs for Amazon, grants retailer ownership rights
Hawaiian Airlines has agreed to operate at least 10 Airbus A330-300 Freighters for Amazon and has granted the online retailer rights to own 15% of Hawaiian Holdings’ stock.
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NewsAirlines warned lack of common ESG metrics could limit access to capital
The airline industry is putting its access to capital at risk by failing to adopt standardised sustainability metrics, according to speakers at the Aviation Carbon 2022 event in London on 17 October.
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NewsIcelandair seeks proposals for fleet replacement beyond 2024
Icelandair Group is fleet-planning for modernisation beyond 2024, with requests for proposals to Boeing and Airbus, as well as engine manufacturers. The company says it is aiming to secure “efficiently” a delivery stream of aircraft throughout the current decade, and support replacement of the Boeing 757 fleet along with expansion. ...
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NewsAmelia ERJ-145 suffers runway excursion at Paris Orly
French investigators are probing a runway excursion involving an Embraer ERJ-145 arriving at Paris Orly airport on 20 October. The aircraft had conducted its approach to runway 25 at around 19:15, after sunset, having flown from Rodez in southern France. It was operated by the aeronautical group Amelia, which has ...
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Airline BusinessRelief and reality checks after ICAO aviation emissions deal
This week’s Aviation Carbon event in London provided industry stakeholders with an early opportunity to reflect on ICAO’s recent agreement on a long-term aspirational goal (LTAG) for aviation. On a positive note, there was relief that a deal had been achieved and a consensus that the LTAG is a good ...
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NewsLessor Nordic firms order with Embraer for E-Jet cargo conversions
Embraer has firmed an agreement to convert up to 10 passenger E190s and E195s into cargo jets for Irish aircraft lessor Nordic Aviation Capital (NAC).
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NewsTransatlantic recovery lifts Icelandair third-quarter performance
Icelandair Group generated third-quarter operating profit of $92.7 million, after a strong period in which it took revenues of more than $487 million – including record passenger revenues of $408 million. Net profit stood at $57.8 million. The company reached 82% of pre-crisis capacity. “We had robust results on the ...
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NewsTUIfly Belgium to modernise regional fleet with E195-E2s
Leisure company TUI Group is to introduce Embraer 195-E2 twinjets to its Belgian operation, under a lease agreement with AerCap. TUIfly Belgium – which already operates the earlier-generation E190 – will receive the re-engined aircraft in the first half of next year. They will be configured in a single-class layout ...
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NewsLack of clarity on aviation’s non-CO2 effects ‘creates risk’ in net-zero push
Commercial aviation must monitor the science relating to the impact of non-CO2 factors on climate change, according to speakers at the Aviation Carbon 2022 conference in London on 17 October.
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NewsContract services help Scotland’s Loganair to regain profitability
Scottish regional carrier Loganair has generated a full-year pre-tax profit of almost £5 million ($5.6 million), reversing the previous year’s £5.6 million pre-tax loss. Loganair obtained revenues of £161 million after transporting over 910,000 passengers in the 12 months to 31 March 2022. The airline made losses for the previous ...
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NewsBreeze adds flights to Cincinnati and Vero Beach as part of broader expansion
US discounter Breeze Airways plans to add two destinations to its network – Cincinnati and Vero Beach, Florida – in February as part of a broader cross-country expansion.