All Air Transport articles – Page 179
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NewsSpirit AeroSystems loses $135m in Q2, citing new 787 issue
Spirit AeroSystems lost $135 million in the second quarter of 2021, reflecting reduced production of aircraft components and a $46 million forward loss on the company’s Boeing 787 work.
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NewsBoeing 737 Max en route to China for certification work
A Boeing 737 Max 7 took off from Seattle on 4 August and is headed to China, where the jet will participate in work related to that country’s 737 Max certification, an industry source says.
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NewsUS start-up GlobalX lands FAA operating certificate
US start-up GlobalX has received an aircraft operating certificate from the Federal Aviation Administration, moving the company closer to starting passenger charter flights, says GlobalX’s media representative.
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NewsPost-Brexit exclusion frustrates UK pilots as carriers seek EASA-licensed crews
Frustrated UK cockpit representatives are urging the government to redress the licence-recognition imbalance with the European Union, as Ryanair’s Maltese carrier Lauda Europe’s recruitment for a London Stansted base lays down a requirement for European-licensed pilots. With the UK no longer a member of the European Union Aviation Safety Agency, ...
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NewsAer Lingus could advance starting point for new Emerald franchise
Aer Lingus has formally signed start-up carrier Emerald Airlines as its new regional franchise partner, following the collapse of Stobart Air. Emerald Airlines will operate services on behalf of the Irish IAG carrier from Ireland to the UK, Isle of Man and Jersey under a 10-year partnership from the beginning ...
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NewsUral Airlines picks up a pair of ex-Aeroflot A320s
Russian carrier Ural Airlines has introduced a pair of older Airbus A320s to its fleet, even as it modernizes with A320neo-family jets. Both A320s – with serial numbers 3711 and 3778 – are powered by CFM International CFM56 engines. They were originally delivered to Aeroflot around 2008-09 but were placed ...
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NewsUS business travel could hit 80% of 2019 levels by end-2022, pandemic effects could last longer: report
US corporations’ travel spending will likely inch up to 25-35% of 2019 levels by the end of 2021 and up to 80% by the end of 2022 – though full recovery depends on how significantly the pandemic changed corporations’ view of business travel.
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NewsAir France 777 crew strayed close to volcano while trying to avoid storms
French investigators believe the crew of an Air France Boeing 777-200ER misinterpreted weather radar information while trying to avoid thunderstorms, losing awareness of the jet’s position before it strayed into close proximity with an African volcanic peak. It was operating in darkness from Malabo, in Equatorial Guinea, to Douala in ...
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NewsDHL Express orders fleet of Eviation all-electric Alice aircraft for cargo feed
Logistics specialist DHL Express is venturing into electric air transport by ordering a dozen Eviation Alice aircraft for freight operations. DHL Express expects to take delivery of the first of the 12 aircraft in 2024. Eviation conceived the Alice as a nine-seat commuter model. But DHL Express head of global ...
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NewsBluebird Nordic to treble 737 capacity with ambitious freighter fleet expansion
Icelandic freight operator Bluebird Nordic is to treble its capacity under an expansion plan which involves taking 25 Boeing 737-800s over the next three years. The airline operates older-variant 737 freighters – comprising seven 737-400s and a single -300 – but will take its fleet to around 33 jets by ...
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NewsAeroflot slashes interim losses as domestic recovery lifts performance
Aeroflot Group managed to cut net losses by 38% over the first half, to Rb26.3 billion ($361 million) under Russian accounting standards. The company’s second quarter showed a “significant improvement”, it states, with a net loss of Rb1.4 billion in contrast to the figure of over Rb26 billion for the ...
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NewsParker Hannifin to acquire Meggitt as aerospace merger activity resumes
Aerospace mergers are back, with US manufacturer Parker Hannifin revealing plans to nearly double the size of its aerospace systems business by acquiring UK-based aerospace company Meggitt for £6.3 billion ($8.8 billion) in cash.
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NewsEl Al in talks with ministry to push back share issue
Israeli flag-carrier El Al is seeing to defer plans to raise additional capital through a share issue. The airline has been preparing to issue new shares or options to generate $105 million as part of a support scheme El Al’s share scheme was one of the conditions attached to a ...
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NewsLong-haul start-up Norse Atlantic signs for more 787s
Scandinavian start-up Norse Atlantic is to lease six more Boeing 787-9s from the end of this year, which will take its fleet of 787s to 15. The aircraft will be introduced from December under a lease agreement with BOC Aviation. Norse Atlantic says the leases on the twinjets, around 16 ...
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NewsBombardier reaches deal with union three days into Downsview strike
Three days after a strike began, Bombardier has reached an employment deal with the union representing employees at its Global business jet manufacturing site in the Downsview section of Toronto.
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NewsRussian far east unified carrier to commence operations in mid-August
Russia’s new unified carrier to serve the eastern side of the country, which is being based on the operator Aurora, has started conducting test flights ahead of opening a full initial schedule on 20 routes in mid-August. Prime minister Mikhail Mishustin stated during a 30 July government meeting that a ...
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NewsIAG sees prospects to rebuild Level’s ravaged network
IAG is confident that it can rebuild its long-haul low-cost operation Level from Barcelona once the air transport crisis subsides. Level’s operations have been badly affected and “very limited”, says IAG, reduced only to Buenos Aires services in the first quarter, although it re-introduced flights to San Francisco in the ...
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NewsSpanish carriers lead IAG recovery as restrictions impede BA and Aer Lingus
Spanish airlines Iberia and Vueling generated the greatest reductions in operating loss over IAG’s first half, which the group attributes to fewer travel restrictions and stronger demand in the Latin American and Spanish markets. Iberia cut its first-half operating loss by 62% to €330 million ($392 million) with Vueling managing ...
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NewsProfit jumps in second quarter at Textron Aviation as aircraft demand rebounds
Textron Aviation’s profits jumped in the second quarter to $96 million as the company’s aircraft deliveries neared pre-pandemic levels.
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NewsUK aviation regulators and accident investigators extend remit to spaceflight
UK civil aviation regulators and accident investigators are to extend their authority to the spaceflight sector under a new broadening of their remit. Under the new regime the Civil Aviation Authority has initiated a system allowing commercial spaceflight companies – with a variety of launch vehicles – to apply for ...