All Air Transport articles – Page 256
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NewsSouth African Airways will not be liquidated: government
South Africa’s government is insisting that flag-carrier South African Airways will not be liquidated, and that it will detail measures relating to funding the airline in upcoming legislation. Its department of public enterprises gave the reassurance as creditors met to discuss the airline’s future, after its rescue practitioners warned that ...
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AnalysisEvacuating passengers re-entered cabin after refusing to jump from E195’s wing
Investigators are seeking a reduction in height criteria for assisted emergency exit escape, after passengers evacuating a Flybe Embraer 195 re-entered the jet after refusing to jump from the wing. Several passengers were escorted back into the aircraft and directed to other exits where slides had been deployed. The aircraft ...
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NewsIcelandair Group receives strong response to share offer
Icelandair Group has received a strong response to its share offering, with an oversubscription reaching some 85% more than the planned allocation. The offering – initially intended to cover IcKr20 billion ($147 million) in new shares, through separate share batches of IcKr17 billion and IcKr3 billion – closed on 17 ...
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NewsBoeing’s Allen succeeds Raymond as head of strategy with direct report to CEO
Boeing has named Marc Allen as chief strategy officer, effective 1 October, a move that could signal renewed focus by Boeing on developing an overarching corporate strategy amid an uncertain time.
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NewsEl Al signals intention to restart limited number of flights
Israeli carrier El Al is aiming to start restoring flights this month, beginning with a gradual resumption of cargo services on its aircraft. It says the cargo flights will begin returning on 21 September. El Al is intending to follow these flights with a restoration of passenger operations from 1 ...
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Airline BusinessCruz control: how BA chief dealt with parliamentary probe
While MPs attempted to pin down the flag carrier’s dealings with its employees, the airline’s boss made sure the transport select committee was left in no doubt about the state of the industry.
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NewsBAE to design fly-by-wire system for Aerion’s AS2 supersonic business jet
UK aerospace company BAE Systems will develop the fly-by-wire flight-control system for Aerion Supersonic’s AS2 in-development high-speed business jet, adding another high-profile supplier to Aerion’s roster of partners.
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NewsCrisis spurs competition regulator to prolong Oneworld transatlantic pact
UK competition regulators have imposed interim measures to address concerns over transatlantic routes operated under the Oneworld alliance’s joint business arrangement, having opted not to accept concession proposals put forward earlier this year. Oneworld carriers British Airways and American Airlines had offered slots at London Heathrow or Gatwick to alleviate ...
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NewsSAA creditors to meet as critical rescue funds fail to materialise
South African Airways’ rescue practitioners are to call a meeting of creditors to discuss the future of the troubled company after doubts emerged over crucial government funding for the airline’s business plan. The practitioners had warned on 10 September that procuring the funding necessary to support the plan was one ...
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NewsIsrael’s dormant Arkia to ‘survive’ after deal to cut workforce
Israeli leisure carrier Arkia’s employees have agreed a restructuring which involves cutting about a quarter of the airline’s personnel, reducing its workforce to around 400. The agreement follows months of negotiations and includes a phased salary-reduction mechanism to be imposed across all the company’s activities – although it will not ...
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NewsChinese ‘Big Three’ expected to report profits in Q3: HSBC
A HSBC Global Research report predicts that China’s three main airlines will report profits for the quarter ended 30 September, led mainly by a rapid recovery in domestic air travel demand in recent months. It notes that the ‘Big Three’ — Air China, China Eastern Airlines and China Southern Airlines ...
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NewsRaytheon to cut another 6,500 jobs, bringing tally to 15,000
Raytheon Technologies now intends to cut 15,000 commercial aerospace and general corporate jobs, up from a previous estimate of 8,500 job cuts.
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NewsEl Al details initial bids after share offer
El Al has disclosed the initial results of its share issue, through which it had intended to raise proceeds of 505 million shekels ($145 million). The issue was launched on 16 September. El Al had been offering 753.35 million shares of which the government had been lined up to take ...
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NewsCruz calls for Covid-19 testing at UK airports as BA outlines recovery plan wish-list
The UK government must rapidly introduce a coronavirus testing regime at airports, reform its travel corridor programme, and remove air passenger duty (APD) from domestic flights to give airlines a fighting chance of surviving the coronavirus crisis.
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NewsFAA shortcomings and Boeing’s culture contributed to Max crashes: Congressional report
A “culture of concealment” by Boeing and erroneous technical assumptions, combined with insufficient oversight by the Federal Aviation Administration, contributed to the deadly crashes of two Boeing 737 Max.
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NewsBA chief Cruz hopeful on workforce agreements but warns of painful recovery ahead
British Airways is hopeful that outstanding contract revisions covering changes to pay and conditions for 30,000 staff members can be concluded shortly, as the carrier hunkers down to weather a “long and protracted” recovery.
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In depthHow widebodies caused a revolution in aviation
Air transport entered a new era half a century ago when airframers created a step-change in size and capacity with the first generation of twin-aisles, of which the Boeing 747 was only the first. 9,683 The number of widebody airliners delivered globally, according to Cirium fleets data 1,638 Total ...
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NewsAmpaire’s second hybrid Cessna gets airborne ahead of Hawaii demonstration flights
Electric aircraft specialist Ampaire has flown a second Cessna 337 Skymaster powered partly by an electric motor, a development coming ahead of planned airline demonstration flights before year end.
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OpinionWhy Big Data will be key to successful airline recovery
Analysing travellers’ behaviour online to gauge demand is the way forward for network planners, as new research has found
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AnalysisAirbus increases the gap in commercial revenues over Boeing
How did the Top 100 companies rank when it came to sales in the airliner and business aircraft segments? As in the main table, Boeing descended sharply