All Air Transport articles – Page 279
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NewsRaytheon furloughs aerospace staff and slashes costs, warns of fallout in Q2
Raytheon Technologies has furloughed staff in its commercial aviation divisions and warns the coronavirus fallout will likely hammer those businesses’ results in the second quarter.
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NewsCircumstances of fatal Austin runway incident remain obscure
Circumstances of the fatal runway incident at Austin-Bergstrom airport which involved an arriving Southwest Airlines Boeing 737 have yet to become clear, with air-ground communications providing little further detail on the sequence of events. The airport’s operator has described the area in which the 7 May incident took place as ...
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NewsBombardier Aviation eyes production cuts as virus hammers demand
The coronavirus pandemic has eroded demand for business jets, accelerated Bombardier’s cash burn and will lead the company to slow aircraft production.
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NewsSAA on brink as government scrambles to defer ‘drop dead’ date
South Africa’s government is urgently trying to extend the period of operations for South African Airways after the carrier’s business rescue practitioners warned that 8 May would amount to a “drop dead” day when all flights would cease. The country’s public enterprises minister, Pravin Gordhan, outlined to a parliamentary committee ...
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NewsMango 737 ground-collision crew opted against safer taxi route
South African investigators have stated that Johannesburg airport ground control should have instructed pilots of a Mango Boeing 737-800 to deviate from a taxiway, rather than give them the option, before the aircraft struck a taxiing Comair jet. But the inquiry into the incident, on 19 April last year, makes ...
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NewsRolls-Royce prepares to cut workforce as civil engine outlook slumps
Rolls-Royce is expecting to detail to its personnel, by the end of May, the impact on the size of its civil aerospace workforce as it adapts to the collapse in air transport demand. It expects to deliver just 250 widebody aircraft engines this year, compared with its previous estimate of ...
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NewsMitsubishi to close CRJ purchase on 1 June
Mitsubishi Heavy Industries (MHI) intends to close its $550 million purchase of Bombardier’s CRJ aircraft programme on 1 June.
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NewsAerospace manufacturers and airports seek more US government cash
US aerospace manufacturers and airports asked lawmakers for more financial aid during a 6 May hearing, while the nation’s top airline lobbyist warned of his sector’s precarious position.
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NewsHeathrow trials aim to set common standard for bio-screening
London Heathrow airport’s operator is looking to assist with establishing a common international standard for health screening, by testing technology intended to reduce the risk of coronavirus transmission. It is to explore such options as ultra-violet sanitation – which could be applied to security trays – plus contactless security procedures ...
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NewsSouth Africa’s Comair files for business rescue
South African carrier Comair has become the latest operator in the country to enter business rescue, as it aims to restructure to deal with the coronavirus crisis. Comair made a pre-tax loss of R645 million ($35 million) for the six months to 31 December. “While we had started making good ...
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NewsVirgin Atlantic to cut over 3,000 jobs and cull 747-400 fleet
UK long-haul carrier Virgin Atlantic is to cut over 3,100 jobs and retire its Boeing 747-400s in an effort to address the financial pressure of the coronavirus crisis. The airline says it will “immediately suspend” the use of all seven of its 747-400s and is still intending to retire four ...
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NewsExcessive derotation on landing buckled Delta 757’s fuselage
Portuguese investigators believe a failure to control the derotation of a Delta Air Lines Boeing 757-200 resulted in a heavy nose-gear impact severe enough to buckle the fuselage. The aircraft (N543US), arriving in the Azores from New York JFK on 18 August last year, had touched down normally with its ...
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NewsDe Havilland Canada resumes some operations following coronavirus shutdown
Some employees of De Havilland Canada have returned to work, marking a resumption of operations six weeks after the company shuttered facilities due to the coronavirus pandemic.
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NewsAeroflot Superjet crash probe awaits fire and structural analyses
Russian investigators probing the Aeroflot Sukhoi Superjet 100 crash at Moscow Sheremetyevo a year ago are still awaiting results of specific fire and structural analyses before releasing their final findings about the accident. But the Interstate Aviation Committee says some of the work – including US manufacturer Curtiss-Wright’s assessment of ...
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NewsFlybe administrators work to sell aircraft support operations
Administrators of collapsed UK regional carrier Flybe are finalising the sale of its aircraft support operation, Flybe Aviation Services, which has continued to trade. The EY administrators, in a statement of proposals, say they are aiming to complete the transaction “in the coming days” after receiving offers for the division. ...
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NewsIcelandair Group reduces cash drain as it faces $200m first-quarter loss
Icelandair Group is expecting employee cuts to reduce its cash outflow by $12 million per month over the next three months, taking into account measures by the government to pay partial salaries. The company is expecting to reveal a first-quarter loss of $208 million when it details its performance for ...
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NewsWarren Buffett’s investment firm sells out of four major US carriers
Renowned investor Warren Buffett has dumped his stakes in four major US carriers, four years after joking that his firm Berkshire Hathaway was set to benefit from airlines’ tendency to increase fares ahead of its shareholder events. Buffett disclosed the decision to shareholders during Berkshire Hathaway’s 2020 event on 2 ...
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NewsOpposition heaps scorn on detail-light plan for SAA transformation
South Africa’s political opposition is insisting the government detail an agreement with South African Airways unions setting out plans to establish a successor to the crumbling flag-carrier. In a response accusing the department of public enterprises of undermining SAA’s business rescue practitioners, the Democratic Alliance says it will seek a ...
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NewsSpirit lays off another 1,450 staff due to airframer production cuts
Spirit AeroSystems will lay off more than 1,450 additional staffers in response to Boeing’s and Airbus’ plans to reduce commercial aircraft production rates.
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NewsFlybe administrators fight to retain carrier’s operating licence
UK regional carrier Flybe’s administrators intend to appeal to the government in a bid to retain the airline’s operating licence, warning that a sale of the business would become improbable if the licence is revoked. Flybe ceased operations on 5 March and voluntarily suspended its operating and maintenance licences. The ...