All Air Transport articles – Page 165
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NewsBoeing loses $4.3bn in 2021, takes billions in charges against 787 programme
Troubles with the 787 that have lasted longer than expected led Boeing to take a $3.5 billion charge in the fourth quarter of 2021, pushing the company to another full-year loss, this time to the tune of $4.3 billion.
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NewsSmartwings claims first 737 Max flight to Antarctica
Czech carrier Smartwings has conducted a Boeing 737 Max service to Antarctica, landing the aircraft at the Troll airfield on 26 January. The airline says the Max 8 twinjet (OK-SWB) is the first from the re-engined family to arrive in Antarctica. Troll station is sited on the edge of Antarctica ...
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NewsWizz doggedly keeps to recovery plan in face of latest Covid-19 variant
Central European budget carrier Wizz Air turned in a €213 million ($241 million) operating loss for the third quarter, as a result of travel restrictions, but claims it managed to keep capacity above pre-crisis levels at times. Wizz transported nearly 7.8 million passengers during the three-month period to 31 December ...
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NewsRaytheon warns of supply chain and labour challenges in 2022
Supply chain troubles, labour shortages and inflation will continue pressuring Raytheon Technologies’ results in 2022, affecting operations of subsidiaries Pratt & Whitney and Collins Aerospace.
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NewsAftermarket sales help push P&W and Collins to 2021 profits
Pratt & Whitney swung to a $454 million operating profit in 2021, a year characterised by stronger demand for aftermarket services and new aircraft engines.
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NewsGE Aviation turns solid 2021 profit despite fewer engine shipments
GE Aviation turned a $2.9 billion profit in 2021, more than double its 2020 earnings, reflecting cost cutting and a bump in commercial engine services revenue.
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NewsIATA warns of airfare impact as high jet fuel prices push up airline operating costs
High Jet fuel prices will prompt air fares to rise this year if current trends continue, according to global airline association IATA.
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NewsAirbus nixing of Qatar order ‘worrying’ amid need for airframer competition: IATA chief
The director general of IATA has described Airbus’s cancellation of a Qatar Airways A321neo order as a “worrying development”, as he highlighted the airline industry’s desire for “healthy competition” between the two big airframers.
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NewsYakutia to start introducing MC-21s in 2025: Sakha republic head
Siberian carrier Yakutia will start taking delivery of Irkut MC-21s in 2025, according to the head of the Sakha republic. Nikolaev Aisen conducted an inspection of the MC-21-300 – the version fitted with Pratt & Whitney PW1400G engines – after a flight-test airframe arrived in Yakutsk for low-temperature tests. The ...
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NewsAirbus wing-plant personnel ballot for strike in pay dispute
Airbus workers at the airframer’s UK wing plant in Broughton and its aerospace centre at Filton are poised for potential industrial action over a pay dispute. The Unite union says workers at the facilities have started balloting for industrial action over the dispute which affects 3,000 members. Its national officer ...
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NewsIberia reaches sustainable-fuel supply pact with Spanish firm Cepsa
Iberia has reached an agreement with fuel-supply specialist Cepsa over large-scale sustainable biofuel production, which will be sourced from waste, recycled oils, and sustainable plant feedstock. The agreement also covers efforts to decarbonise the air transport industry with the development of alternative fuels, including renewable hydrogen and electrical power – ...
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NewsBoeing to support Wisk with engineering and certification expertise
Air taxi developer Wisk Aero has made clear that Boeing’s backing extends well beyond financing to also include engineering, safety and certification support.
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NewsAirline body hails ‘landmark day’ as UK drops day-two Covid-19 tests
A UK airline association has hailed 24 January as a “landmark day” after the country’s transport minister confirmed day-two Covid-19 testing will soon be dropped for fully vaccinated arrivals.
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NewsBoeing invests another $450m in air taxi developer Wisk
US electric air taxi developer Wisk Aero has secured $450 million in new funding from Boeing, an existing backer that helped form Wisk in 2019 through a partnership with Kittyhawk.
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Airline BusinessAirlines continue slow progress on gender diversity in C-suite but JetBlue shines
The crisis-hit global airline industry continued its slow but consistent progress towards gender parity in the C-suite during 2021, with standout progress in some key areas – including a doubling of the number of women leading carriers.
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AnalysisWhy 2021’s honours were even for ‘big two’ airframers
Not that the result was ever in doubt, but Airbus comfortably out-delivered its rival last year, handing over 611 commercial aircraft versus Boeing’s 309.
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NewsRussian ministry cracks down on unruly passengers with restraint proposal
Russia’s transport ministry is preparing legislation enabling tougher measures against disruptive passengers, intended to permit crew members and security personnel with the right to use special restraints. Under the proposal the captain of the aircraft would be given the responsibility of deciding whether to use such measures in the event ...
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NewsQatar frustrated over A350 dispute escalation as it details aircraft skin damage
Qatar Airways has described Airbus’s decision to cancel an order for 50 A321neos as a “matter of considerable regret and frustration”, after the carrier secured acceleration of a court hearing on the A350 paint dispute. The airline says 21 A350s in its fleet will remain grounded, and it will not ...
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Airline BusinessIf 2022 is not the year for new airline partnerships, when will be?
As the sector emerges from the pandemic, many airline chief executives are talking up the value of partnerships with renewed enthusiasm.
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NewsFrench probe CitationJet level-bust incident with Hop Embraer 170
French investigators are probing an incident in which a Cessna CitationJet passed over a Hop Embraer 170 after suffering an in-flight altitude deviation. The CitationJet – a 1995 airframe operated by VallJet and registered F-HGPG – was operating a non-scheduled service from Paris Le Bourget to Geneva on 12 January. ...