All Air Transport articles – Page 215
-
NewsAvelo plans US East Coast expansion with New Haven base
Recently launched US start-up Avelo Airlines will expand to the US East Coast this year with flights from Tweed New Haven airport in Connecticut.
-
NewsBombardier makes first-quarter loss but hopes worst of downturn ‘behind us’
Bombardier’s operating business lost $251 million in the first quarter of 2021, but the company’s chief executive insists the aerospace industry has turned a corner and that an upswing is under way.
-
NewsEl Al scraps 737-800 sale-and-leaseback plan
Israeli flag-carrier El Al has dropped plans to enter a sale-and-leaseback transaction for three Boeing 737-800s with an undisclosed foreign company. El Al had stated in April last year that it signed a memorandum of understanding covering the deal for the three aircraft, all manufactured in 2009. The airline has ...
-
NewsPilots concerned over increasing space threat as heavy Chinese booster re-enters
North American airline pilot association ALPA International is expressing concern that there is no formal process to warn commercial crews of the increasing risks posed by space debris re-entering the atmosphere. It has issued its own caution over the uncontrolled re-entry of a large booster stage of the Chinese Long ...
-
NewsAcubed CEO Cousin takes engineering job at Universal Hydrogen
Mark Cousin, who has been chief executive of Airbus innovation arm Acubed, is leaving that company to be vice-president of engineering at hydrogen-fuel development start-up Universal Hydrogen.
-
NewsSpirit AeroSystems loses $171m in first quarter on back of 787 and A350 costs
A $72 million charge against two key widebody aircraft programmes, combined with other pandemic-related expenses, pushed Spirit AeroSystems to a $171 million loss in the first quarter of 2021, against a loss of $163 million in the same period of 2020.
-
NewsSATA state support approved but probe continues into earlier measures
Portuguese carrier SATA Air Acores has been cleared to take government compensation and liquidity support worth over €267 million ($320 million), but a previous investigation into suspected illegal support measures is being extended. European Commission regulators have cleared a €12 million state grant to SATA Air Acores, as compensation for ...
-
NewsCrew of 737 cleared for take-off while inspection vehicle occupied Porto runway
Portuguese authorities have opened an investigation after a Boeing 737-400F was cleared for take-off on a Porto runway occupied by an inspection vehicle. The aircraft, operated by ASL Airlines Belgium on behalf of FedEx, had been accelerating along runway 35 at night on 27 April. Portuguese investigation authority GPIAAF estimates, ...
-
NewsCorrosion caused by storage prompts FAA to order Leap-1B checks
The Federal Aviation Administration is requiring airlines perform checks to prevent storage-induced corrosion issues involving CFM International Leap-1B engines.
-
NewsTurkish Airlines heavily reduces first-quarter losses
Turkish Airlines managed to contain first-quarter operating losses to $72 million, a substantial improvement on the $300 million loss for the same period last year. The airline even generated a $61 million net profit for the first three months. Turkish Airlines’ revenues for the quarter remained down by 29% at ...
-
NewsIsrael Aerospace to set up 777 freighter conversion line in Seoul
Israel Aerospace Industries is intending to establish a Boeing 777 passenger-to-freighter conversion facility in South Korea, specialising in both -200LR and -300ER modification. The company has reached a preliminary agreement with Sharp Technics K and Seoul’s Incheon airport regarding the plan. IAI says it aims to convert six 777s annually ...
-
NewsNorwegian outlines NKr6bn capital increase for restructuring
Scandinavian budget carrier Norwegian is looking to raise up to NKr6 billion ($725 million) as part of its broad restructuring plan, following court approvals of arrangements to exit examinership processes. Norwegian has reduced debt and cancelled large numbers of aircraft orders during the restructuring, and is looking to emerge with ...
-
NewsNigeria’s Azman Air cleared to resume 737 flights after safety audit
Nigerian authorities have lifted a suspension order against local carrier Azman Air after it implemented a corrective plan to address safety matters, the airline states. The suspension affected Azman’s Boeing 737 fleet and was imposed in mid-March after several incidents involving the undercarriage of passenger flights, each of which involved ...
-
NewsFlydubai counts full-year cost of crisis disruption and Max grounding
Middle Eastern carrier Flydubai has turned in a full-year loss of Dhs713 million ($194 million), but believes its business fundamentals remain strong. The airline’s revenues halved to Dhs2.8 billion in the 12 months to 31 December 2020. Flydubai says its operations were “severely curtailed” for 14 weeks, from 24 March ...
-
NewsPerlan plans for 2021 flights following loss of ‘compass’ Enevoldson
Einar Enevoldson was the legendary test pilot behind a project that has flown sailplanes to altitudes exceeding 70,000ft, capturing records and advancing high-altitude scientific research.
-
NewsIcelandair Group reaches tentative agreement to sell tour operator
Icelandair Group and tour specialist Nordic Visitor have reached a heads-of-terms agreement over the sale of the group’s entire shareholding in tour operator Iceland Travel. The company, which wholly-owns Iceland Travel, disclosed earlier this year that it would divest the division as part of its focus on core flight operations. ...
-
NewsSafran eyes interiors rebound after sluggish start to year
Safran is hopeful that its interiors business is poised for recovery as the year progresses after an “extremely weak” first quarter.
-
InterviewSteven Udvar-Hazy on the pandemic, environment and airline market recovery
In an exclusive video interview with FlightGlobal, Air Lease executive chairman Steven Udvar-Hazy gives his insight on how the pandemic and environmental pressures are changing the airline industry, when the market might return to some kind of normality and the challenges and opportunities that lie ahead for Airbus and Boeing in future aircraft development.
-
NewsGlimmers of optimism for US MRO sector, recovery pace unclear
The Covid-19 pandemic has jumbled the aircraft maintenance and repair industry, driving down prices for some aircraft components and leaving MRO shops reeling from depressed demand.
-
NewsCargo proves strong as Icelandair awaits passenger traffic recovery
Icelandair Group has highlighted cargo activity as a strong performance area in the first quarter, a period in which the company generated a net loss of just over $30 million. Revenues for the first three months of the year reached $57.3 million, a decline of 73%, but the company points ...