All Air Transport articles – Page 253
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NewsChangi Airport warns of worsening financial impact from pandemic
Singapore’s Changi Airport Group (CAG) expects the coronavirus outbreak — which has torpedoed most of the aviation industry — to “materially and adversely” impact its operating results for the coming financial year. Releasing its full-year results for the year ended 31 March, CAG says the pandemic’s impact “has been without ...
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NewsEl Al loses argument as state accepts Kanfei as main shareholder
Israeli authorities have granted investor Eli Rozenberg control of the largest shareholding in flag-carrier El Al, following the airline’s recent share issue. El Al has disclosed a communication from the Government Companies Authority giving consent of the special state shareholder of the airline to Kanfei Nesharim Aviation’s acquisition of a ...
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NewsGE to perform GE9X sand-ingestion tests in 2021
GE Aviation in 2021 will kick off a GE9X test programme intended to validate the powerplant’s durability when operating in sandy, dusty conditions.
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OpinionHow to recover from flying as the world recovers from Covid-19
While not flying is clearly painful for airline crews, the enforced downtime may offer the opportunity to reset tired bodies and minds.
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NewsAeroflot Group aims to raise Rb80bn through share placement
Aeroflot Group is aiming to raise at least Rb80 billion ($1 billion) through a capital increase involving the placement of new shares, in order to strengthen its liquidity. Although it had previously prepared to place up to 1.7 billion shares, the Russian operator says it has yet to determine the ...
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NewsATR plots path to low-carbon future in conjunction with shareholders
Regional turboprop manufacturer ATR is in discussions with its joint shareholders Airbus and Leonardo over plans to develop low-emission technologies on the aircraft and hopes by early 2021 to have identified a future strategy.
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NewsIAG receives strong response to recapitalisation share offer
British Airways and Iberia parent IAG has received a strong response to the share issue undertaken to reinforce the company’s liquidity. It has received acceptances for the entire batch of nearly 2.98 billion shares offered under the capital increase. IAG says that, by the end of a pre-emptive subscription period ...
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NewsAAPA moves annual meeting online
The Association of Asia Pacific Airlines (AAPA) will be conducting its annual meeting of presidents virtually, the latest in major aviation meetings to move online following the coronavirus outbreak, which precludes large scale gatherings. The annual meeting, which will airline heads from major Asia-Pacific carriers gather, was to have ...
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NewsAirbus and Boeing still hold nearly 200 undelivered jets, excluding 737 Max
Airbus and Boeing are still sitting on large fleets of produced but undelivered commercial jets, reflecting the continued slow pace of aircraft hand-offs amid what could be called the aerospace industry’s most-severe downturn.
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NewsSafran Cabin to close Bellingham, Washington facility
Safran Cabin will close its Bellingham, Washington facility next year in response to the virus-driven aerospace industry slump.
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NewsLight twin-turboprop ATL-100 to be produced at Portuguese facility
Portugal’s government expects a joint turboprop aircraft programme with Brazilian industry will create 1,200 positions at a new integrated production facility in Evora. The twin-engined ATL-100 is being created through a joint-venture between Brazilian firm Desaer and the Portuguese engineering and product development centre CEIIA. It derives its designation from ...
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NewsBoeing will move all 787 production to South Carolina, eyeing mid-2021 transition
Boeing confirms it will consolidate 787 production at its site in North Charleston, South Carolina and end production of the popular twin-engined widebody in Everett, Washington.
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NewsRolls-Royce explores new approaches to UltraFan and spare-engine activity
Rolls-Royce is looking into new partnership arrangements covering such matters as its UltraFan programme and its supply of spare engines, as part of the broader restructuring of its civil aerospace activities. The engine manufacturer acknowledges that development of its UltraFan will be affected by the air transport crisis, with a ...
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NewsTarom ATR 42 crew skipped checklist before Chisinau excursion
Romanian investigators have disclosed that the pilots of a Tarom ATR 42-500 did not perform the descent checklist before a landing incident at Chisinau in which the crew lost lateral control and the aircraft swerved off the runway. Investigation authority AIAS says the cockpit-voice recording revealed the omission, adding that ...
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NewsRolls-Royce to reinforce liquidity with £3bn rights and bond issue
Rolls-Royce has unveiled a proposal for a £2 billion rights issue, as well as a £1 billion bond offering, to recapitalise the company and underpin its balance sheet. The 10-for-three rights issue will feature up to 6.4 billion new shares, at a discounted price. Rolls-Royce has also agreed commitments for ...
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NewsReport: Boeing to move all 787 production to South Carolina
Boeing declines to confirm a report that it has decided to end 787 production in Everett and consolidate that work at its other 787 manufacturing site in North Charleston, South Carolina.
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NewsUS aviation industry braces for furloughs as relief package expires
The US aviation industry is preparing for thousands of layoffs as government financial aid to protect workers’ salaries expires in the coming hours.
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NewsFAA’s Dickson flies Max, declares ‘I like what I saw’
Federal Aviation Administration chief Steve Dickson piloted a Boeing 737 Max on 30 September, declaring afterward that the experience made him “comfortable” with the Max’s systems, but insisting his agency will certificate the jet only when convinced it is safe.
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NewsAviation must prepare for vaccination distribution: IATA
Airlines trade organisation IATA says the industry must thoroughly prepare to play a leading role in the distribution of a coronavirus vaccine when one becomes globally available.
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NewsBell and Xwing complete drone flight tests using detect-and-avoid system
Autonomous aircraft company Xwing and helicopter maker Bell have completed test flights of a four-prop drone outfitted with “detect-and-avoid” (DAA) technology, demonstrating systems the companies say can enable future commercial unmanned flight.