All Air Transport articles – Page 244
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NewsUN An-74 badly damaged in Mali landing accident
One of Utair Group’s freighter aircraft, an Antonov An-74 TK-100, has been substantially damaged in an accident at Gao in eastern Mali. The United Nations Multidimensional Integrated Stabilisation Mission in Mali – known as MINUSMA – says the aircraft was landing at Gao after arriving from the capital, Bamako, at ...
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NewsIAG’s Walsh warns against obtaining liquidity without structural reform
Outgoing IAG chief Willie Walsh has warned that obtaining liquidity will offer a false sense of security to airlines unless they fundamentally adapt their business to reflect a different post-crisis market. Walsh points out that British Airways’ second-quarter operating loss of £711 million eclipses that of previous crises – including ...
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NewsTUI agreement further lifts BOC Aviation's 737 Max sale-and-leases
TUI Group has carried out a sale-and-leaseback of five Boeing 737 Max jets with the Singaporean-based lessor BOC Aviation. The European holiday company values the agreement – reached with UK subsidiary TUI Travel Aviation Finance – at $226 million. TUI Group is expecting the first of the Max 8s involved ...
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NewsImproving travel demand lifts NZ domestic networks
New Zealand carriers are adding capacity to their domestic networks in the coming months, even as international operations remain grounded due to pandemic-related travel restrictions. Moves by Jetstar and Air New Zealand to add back capacity come on the back of strong domestic travel demand. Low-cost carrier Jetstar ...
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AnalysisThe lessors with exposure to Nok Air
Nok Air has followed the lead of compatriot Thai Airways in filing for business rehabilitation amid the Covid-19 pandemic. The filing is bad news for lessors insofar as it puts an automatic stay on creditor claims, which means no lease rentals will be forthcoming from Nok until at least 27 ...
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NewsAir France-KLM aims to minimise fleet deferrals to keep competitiveness on track
Just six aircraft ordered by Air France-KLM have so far been pushed back to later delivery slots in the past six months, although KLM has yet to detail its full fleet plan. Air France-KLM states that its competitiveness and sustainability is closely tied to its fleet and network strategy. “Mid- ...
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NewsBA axes A318 premium service that took over Concorde flight number
British Airways is to axe its premium Airbus A318 transatlantic service from London City to New York JFK, as part of its re-organisation to deal with the air transport crisis. The operation had already been halved to a single aircraft, after BA transferred the other A318 used on the route ...
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OpinionThe art of reinvention is vital for ‘discarded’ flightcrew
The downturn hitting airlines across the globe will mean fewer pilots will be required in the short term, but for those made redundant, there are always choices.
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NewsIAG to maintain Level’s Barcelona arm after crisis-driven retreat
IAG is to maintain its Level operation out of Barcelona, having retreated from its expansion of the budget brand in other parts of Europe. The parent company indicates that it is cutting back Level’s long-haul fleet of seven Airbus A330-200s to just two aircraft. Level had four A330s deployed in ...
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NewsIAG impairs fleet after BA 747 and Iberia A340 retirements
IAG has taken a €729 million ($863 million) charge in conjunction with a broad fleet impairment covering 61 aircraft, including the withdrawal of British Airways’ Boeing 747-400 fleet and Iberia’s Airbus A340-600s. The exceptional charge deepened IAG’s already-dire operating loss for the first half to just over €4 billion, in ...
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OpinionScale of Covid collapse raises questions about what comes next
Consider this: On a Friday in July 2019, 11 airlines operated 66 flights from Washington DC to New York City-area airports. Fast forward: on Friday 17 July, carriers operated just 15 flights on those routes.
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NewsBoom and Rolls-Royce join to study propulsion for supersonic Overture
Rolls-Royce may develop the propulsion system that will power Boom Supersonic’s in-development, conceptual supersonic passenger aircraft Overture.
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NewsAirbus expects to set aside up to €1.6bn for restructuring
Airbus has warned that it is likely to require a provision of up to €1.6 billion ($1.9 billion) to account for restructuring once firm agreements are reached with its social partners. The airframer disclosed in June that, in response to the air transport crisis and the scaling-back of commercial aircraft ...
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NewsSafran slashes Leap output to just 800 engines this year
Engine joint venture CFM International will deliver just 800 Leap-series powerplants this year – a further output reduction on previous forecasts, and a figure lower even than 2019’s first-half total.
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NewsARJ21 conducts flight testing at world’s highest airport
Comac has completed flight-testing of its ARJ21 regional aircraft at Daocheng Yading airport — the world’s highest civilian airport — in Sichuan province. The Chinese airframer says test aircraft 103 performed take off and landing tests at the airport, before returning to Shanghai. Source: Comac Comac completed high-altitude ...
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NewsMyanmar further extends international flight ban to end-August
Myanmar has further extended a ban on all international flights to the end of August. “In order to continue to [curb] the spread of Covid-19 in Myanmar effectively, the National Central Committee for Prevention, Control, and Treatment of Covid-19 has decided to further extend the effective period of the temporary ...
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In depthAnalysts view Charleston as central to 787’s future as Boeing CEO urges patience
Boeing’s chief executive has cautioned against speculation that the company’s 787 production review will culminate in an eventual shift of all 787 work to South Carolina. But analysts view Boeing as heading in that direction.
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NewsBoeing aims to deliver ‘majority’ of 450 stored 737 Max within one year
Boeing intends to deliver most of its 450-strong 737 Max stockpile within one year of resuming deliveries of the still-grounded jet.
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NewsAerCap cancels 15 737 Max orders
Aircraft lessor AerCap has cancelled orders for 15 Boeing 737 Max, becoming the latest Boeing customer to nix orders for the still-grounded jet.
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NewsGE Aviation loses thrust as pandemic takes toll
GE Aviation’s sales tumbled by nearly half in the second quarter of 2020 as the industry downturn sapped commercial aircraft engine demand and erased profits.