All Air Transport articles – Page 3
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News
P&WC aims to demonstrate hydrogen-burning turboprop
Pratt & Whitney Canada (P&WC) has embarked on a government-supported project to evaluate using hydrogen as fuel for a PW127XT turboprop.
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News
Leonardo eyes carve-out of loss-making aerostructures unit
Leonardo is considering a carve-out of its underperforming aerostructures business in collaboration with industrial or financial partners to address worsening performance on the back of continued difficulties with the Boeing 787.
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Engine shortages leave Embraer unable to hit 2024 E-Jet production target
Embraer has scaled back its 2024 E-Jet delivery expectations due to engine shortages and other supply chain troubles that continue hampering the Brazilian manufacturer’s ability to speed up production.
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News
Falklands sign tentative deal for four more Islanders
The Falkland Islands government has signed a letter of intent (LoI) with Britten-Norman covering the acquisition of four BN-2 Islander utility aircraft.
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New Tus Airways investor has option to acquire whole airline
Cypriot carrier Tus Airways’ newest investor will have an option to acquire the entire outstanding capital of the airline from its other shareholders. The investor – a company owned by entrepreneurs Ami Cohen and Arnon Englander – completed a transaction giving it a 75% stake in Tus on 6 November. ...
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Bombardier swings to $117m Q3 profit and plans year-end delivery push
Strong performance from Bombardier’s aftermarket services business pushed the Montreal business jet manufacturer to a $117 million profit for the third quarter of 2024, reversing a $37 million loss during the same period last year.
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News
El Al stays with Trent 1000 for additional 787s: Rolls-Royce
Israeli flag-carrier El Al appears to be sticking with Rolls-Royce engines for its latest Boeing 787s, as the manufacturer progresses with work on blade improvements. El Al already has 16 Trent 1000-equipped 787s, and is due to take delivery of another Trent-powered 787-9 originally intended for another customer. Rolls-Royce states, ...
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News
Wizz Air foresees return to growth as uncertainty lifts on engine-related aircraft grounding
Central European budget carrier Wizz Air expects to return to growth next year, given its Airbus delivery schedule and better visibility on Pratt & Whitney engine issues. Wizz expects the average number of grounded aircraft over the next 18 month to be around 40-45, an improvement on the previous assumption ...
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Britten-Norman has new owner alongside fresh investment
UK aircraft manufacturer Britten-Norman has gained new owners alongside fresh investment in the business, analysis of company records reveals.
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News
Travel demand pushes Emirates to record half-year pre-tax profit
Middle Eastern carrier Emirates is citing strong travel demand as it turns in a 2% rise in half-year pre-tax profit to a record Dhs9.7 billion ($2.6 billion). Emirates posted a net profit of Dhs8.7 billion, after it generated a 5% increase in revenues to Dhs62.2 billion for the six months ...
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News
NASA begins X-59 engine runs and now aims for 2025 first flight
The NASA team developing the X-59 supersonic demonstrator jet have fired up the aircraft’s GE Aviation F414-GE-100 powerplant for the first time, having started engine-run tests on 30 October.
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News
Spirit AeroSystems raises doubt about continuing as a ‘going concern’
Spirit AeroSystems is warning that its business viability remains in doubt, saying its cash reserves are drying up due to Boeing’s sharply reduced production rates and to other factors driving steep losses on its Airbus and Boeing programme work.
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News
Former Spirit Airlines CEO and ULCC pioneer Ben Baldanza dies at 62
Ben Baldanza, who worked four decades in the US airline industry and helped create the ultra-low-cost model as former chief executive of Spirit Airlines, died on 5 November at age 62 after battling amyotrophic lateral sclerosis (ALS).
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News
United Aircraft appoints new chief as Slyusar moves to regional governorship
Russian aerospace firm United Aircraft is undergoing a leadership change with chief executive Yuri Slyusar set to be succeeded by United Engine head Vadim Badekha. The management rejig follows the appointment of Slyusar, who has led the company for nine years, as governor of Russia’s Rostov region. Badekha will take ...
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News
Wizz Air loses legal challenge over pandemic-related aid to Tarom
Central European budget airline Wizz Air has lost a legal challenge over a capital injection for Romanian flag-carrier Tarom. The European Union’s General Court has ruled that the financial package, nearly €2 million ($2.1 million), is compatible with state aid regulations. Tarom was granted the support as compensation for damage ...
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EgyptAir A320 inquiry urges review of cockpit procedures to tackle oxygen fires
Investigators analysing the fatal loss of an EgyptAir Airbus A320 are recommending a review of cockpit firefighting procedures – particularly regarding oxygen-fuelled fires – and believe greater research is needed on alternative extinguishing agents to halon. The Egyptian air accident investigation commission’s recommendations draw on analysis by French counterpart BEA ...
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News
Ethiopian Airlines receives first of four A350-1000s
Ethiopian Airlines has taken delivery of its first Airbus A350-1000, the initial example of the largest family member on the African continent. The airline is to receive three more -1000s along with another 11 A350-900s. Ethiopian, which has 21 A350s in its fleet, converted four previous -900 orders to the ...
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News
Investment firm to acquire air cargo company ATSG for $3.1 billion
New York investment firm Stonepeak has signed an agreement to acquire US air cargo and aircraft leasing company Air Transport Services Group (ATSG) for $3.1 billion under a deal that would make ATSG a private company.
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News
Cockpit smoking risk should be assessed by EASA: French investigators
French investigators probing a fatal EgyptAir Airbus A320 crash in May 2016 have highlighted the potential risk of smoking in the cockpit, even though they could not establish whether a lit cigarette sparked an oxygen-fuelled fire on the jet. Investigation authority BEA has recommended that the European Union Aviation Safety ...
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Analysis
Tariffs, mergers, missiles and SAF: what Harris and Trump policies would mean for airlines and aerospace
The US presidential election on 5 November could determine much about the next four years for US airlines and aerospace manufacturers, leaving firms possibly facing major new policy shifts – or continuation of the status quo.