All Air Transport articles – Page 191
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NewsIsrair unifying its fleet around A320s after agreeing to sell ATR 72s
Israeli leisure operator Israir has tentatively agreed to sell its pair of ATR 72-500 turboprops, in order to simplify its fleet. Israir intends to unify its fleet based on Airbus A320s. It has six A320s – two owned and four dry-leased – and intends to add a seventh in the ...
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NewsScotland’s Loganair takes more ATRs to replace Saab 340 fleet
Scottish carrier Loganair is to modernise its fleet, phasing out Saab 340B turboprops in favour of additional ATRs. It will introduce eight ATRs for next summer, while shedding its remaining eight 34-seat Saabs by July. The carrier says the Saabs will be replaced with 48-seat ATR 42s. Loganair states that ...
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NewsIsraeli carrier Israir lines up bid for Czech operator Smartwings
Israeli leisure carrier Israir has identified Czech budget operator Smartwings as the target of a takeover offer. Israir, which was acquired by an investment firm last year, had disclosed earlier this year that it was participating in a private process with a view to acquiring the entire share capital of ...
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NewsKenya Airways insists ‘unlawful’ pilot strike will undo efforts to bring down costs
Kenya Airways estimates that a strike by its pilots set to start on 5 November will cost around KSh300 million ($2.5 million) a day. The airline has condemned the industrial action by the Kenya Airline Pilots Association, describing it as “unlawful”. “This unfortunate action may affect both our passengers, who ...
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NewsEmbattled Flyr optimistic of positive earnings from mid-2023
Norwegian carrier Flyr is optimistic that its revised business plan will be sufficient to nurse the airline through the winter season, and that earnings margins will start to turn positive from June next year. Despite a strong summer market, Flyr turned in a third-quarter operating loss of NKr231 million ($22 ...
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NewsFlyr seeks NKr530m through share issues to relieve ‘very strained’ finances
Norwegian budget carrier Flyr is looking to reinforce its financial position with share placements which would potentially raise NKr530 million ($50 million). This scheme comprises a private placement for NKr430 million and a possible subsequent placement, for those unable to participate in the private issue, aimed at raising another NKr ...
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NewsIsrael’s El Al repays $45m state loan
Israeli flag-carrier El Al has repaid a state loan of $45 million advanced to the carrier as part of a financial support package. The airline, which had indicated in September that it would be repaying the loan two years ahead of schedule, says the transaction was completed on 2 November. ...
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NewsBoeing scraps plan for services revenue to hit $50 billion this decade
Boeing has ditched a goal for its aircraft service division to grow its revenue to $50 billion annually in the coming years, saying doing so would lead to “indiscriminate” investment.
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NewsBoeing’s next new aircraft is years away but 787 updates are imminent: executives
Boeing’s product development timeline became clearer on 2 November when the company said it will soon reveal a higher-gross-weight 787, while indicating it will not launch a clean-sheet aircraft.
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NewsLabour and supply chain costs push Spirit AeroSystems to $128m Q3 loss
Aerostructures manufacturer Spirit AeroSystems sunk further into the red during the third quarter, as costs from its Airbus A350 and Boeing 787 programmes pushed the company to a $128 million loss.
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NewsGreater consideration of risks might have averted BA 787 nose-gear collapse
UK investigators believe a British Airways Boeing 787-8 nose-gear retraction accident at London Heathrow might have been prevented if health and safety risks in an airworthiness directive had been given greater attention by the operator. The accident occurred when a nose-gear locking pin was inserted in the wrong location on ...
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NewsRussian lessor GTLK renegotiates debts with several carriers
Four Russian carriers have renegotiated lease debts with the state lessor GTLK, in the wake of pressure from sanctions and the aftermath of the pandemic. IrAero and Azimuth, along with the regional operators SiLA and Aeroservis, have settled debts on “mutually beneficial terms”, says the lessor. It adds that the ...
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NewsRolls-Royce to hike spare-engine sales to reinforce fleet resilience
Rolls-Royce large civil engine flying hours are gradually increasing but still remain about one-third down on pre-crisis levels, the company has disclosed. The flying-hours figure reached 65% of 2019 levels in the four months to the end of October, and 62% for the year so far. Rolls-Royce says this is ...
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NewsFuel-price pressure prolongs Royal Jordanian’s financial misery
Royal Jordanian Airlines edged into a third-quarter operating profit, with a surplus of JD5.3 million ($7.4 million), but net losses for the quarter and the nine-month period were worse than last year’s figures. The flag-carrier generated revenues of JD452 million for the nine months to 30 September – including JD363 ...
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NewsBoeing rolls out plan to hike deliveries to 800 jets within several years
Boeing plans to significantly hike commercial aircraft deliveries in 2023, aiming to hand over up to 80 787s and 450 737s next year after overcoming nagging supply and labour problems.
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NewsBoeing pushes back 737 Max 7 and Max 10 certifications
Boeing has again delayed certification timelines for its two outstanding 737 Max variants, now estimating the Federal Aviation Administration will clear the Max 7 by early 2023 and the Max 10 by early 2024.
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NewsVoltAero picks Italy’s TESI to build airframe for Cassio 330 prototype
Hybrid-electric aircraft developer VoltAero has signed up Italian aerospace supplier TESI to manufacture the airframe for the first prototype of its Cassio 330 aircraft.
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In depth5G may have caused dozens of troubling in-flight avionics failures
The Federal Aviation Administration (FAA) suspects new 5G cellular networks may have caused roughly 80 instances of aircraft system interference this year, with pilots reporting a range of malfunctions since the latest generation of mobile connectivity went live in January.
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NewsPilots did not clarify control after SriLankan A330 inadvertently pushed into descent
Investigators believe a SriLankan Airlines Airbus A330-300 lost considerable altitude during an in-flight upset after one of the pilots nudged the sidestick during cruise, disconnecting the autopilot and pushing the jet into a descent. While the inquiry does not specify the reason for the “sharp nose-down input” by the first ...
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NewsSAS seals renegotiated fleet leases with more lessors
Scandinavian operator SAS has secured additional agreements with lessors to change the terms of lease contracts as part of its restructuring programme. SAS is operating under US Chapter 11 bankruptcy protection, and the court is overseeing progress with the carrier’s ‘SAS Forward’ re-organisation initiative. The restructuring crucially requires amendments to ...