All Air Transport articles – Page 38
-
NewsTus Airways’ ownership split three ways after investment transaction
Cypriot-based Tus Airways’ ownership has been equally split three ways, following completion of an investment transaction by a third party. Tus Airways had previously been owned by Global Knafaim Leasing and US entrepreneur Kenneth Woolley, with Woolley holding a stake of slightly over 50%. But Global Knafaim states that a ...
-
NewsEASA transitioning to new leadership in April
Transition to new leadership at the European Union Aviation Safety Agency will take place on 1 April, when Florian Guillermet formally takes up the post of executive director. Guillermet was identified as the successor to interim chief Luc Tytgat in December last year although a timeline had still to be ...
-
In depthRevamped Britten-Norman eyes brighter future as it seeks to emerge stronger from recent ‘trauma’
UK aircraft manufacturer Britten-Norman is hopeful that a sweeping business restructuring combined with a fresh working capital injection from its new owners will enable a return to financial stability and allow it to target future growth.
-
NewsCorsair participates in Thales-led consortium developing pilot-behaviour evaluation method
French leisure carrier Corsair is participating in a consortium, led by aerospace firm Thales, which aims to develop a new methodology for evaluating pilot behaviour. The project, known as ‘Perceval’, is a response to changes in training programmes, notably the introduction of evidence-based training. Evidence-based training concentrates on assessing core ...
-
NewsSAS’s parent company formally seeks Swedish re-organisation
Scandinavian carrier SAS’s parent company, SAS AB, has formally filed for re-organisation in Sweden, a measure previously indicated during SAS’s proceedings under US Chapter 11 protection. Successful completion of this re-organisation is a condition for the airline’s Chapter 11 plan, which recently secured US bankruptcy court approval. The company requires ...
-
NewsBombardier ceases aircraft production at historic Toronto Downsview site
Bombardier has wrapped up all aircraft assembly work at its Downsview facility in Toronto, closing a chapter in the history of a now largely residential site that had hosted aerospace manufacturing for nearly a century.
-
NewsIceland’s Play to open public share offering window in April
Icelandic budget carrier Play will aim to raise up to IcKr500 million ($3.6 million) in a public offering next month, to support funding already promised under subscription commitments. The airline will open the offer period on 9 April and it will run to 11 April. Play is prepared to issue ...
-
NewsUK’s Jet2 to open Bournemouth base next year
UK leisure carrier Jet2 is to establish a new base at Bournemouth, on the south coast, and unveiled a batch of destinations to be served in summer next year. The decision brings the number of UK bases for the holiday airline to 12. Jet2 says it will initially base two ...
-
NewsSouthwest 737 diverts after misaligned approach to LaGuardia
Clarity has yet to emerge as to why a Southwest Airlines Boeing 737-800 was not aligned with the runway during final approach to New York LaGuardia, following a service from Nashville.
-
NewsSupernal’s new chief technology officer David McBride to lead air taxi development
Hyundai Motor Group subsidiary Supernal has appointed NASA veteran David McBride as chief technology officer, tasking him with leading the development and certification of the company’s proposed electric air taxi.
-
NewsBoeing management overhaul could spark real change – or bring more of the same
The broad management shake up disclosed on 25 March by Boeing might hold a chance of finally setting the embattled company on a real recovery path. The challenge, however, lies in the tricky fact that many of Boeing’s troubles originate not in its corporate suites, but rather on the floors of its factories.
-
NewsXTI Aerospace seeks performance edge over eVTOLs with jet-fuel-burning TriFan 600
New aircraft developer XTI Aerospace has chosen a development path unconstrained by current battery technology as it seeks to outperform the pack of electric vertical take-off and landing (eVTOL) aircraft by offering greater range, speed and payload.
-
NewsBritten-Norman looks to the long term after restructuring
UK manufacturer Britten-Norman’s immediate future has been secured with the sale via an apparent pre-pack administration of the business and assets of five companies within the B-N Group to a private equity firm.
-
NewsBoeing chief Calhoun to leave at end-2024 as Deal departs Commercial Airplanes
Boeing has implemented a broad management shake up that will see chief executive David Calhoun leave the company at the end of 2024 and that includes the immediate retirement of Boeing Commercial Airplanes boss Stan Deal. Stepanie Pope is now leading that division
-
NewsRomania’s Bees Airlines obtains air operator’s certificate
Romanian start-up carrier Bees Airlines has secured an air operator’s certificate from the country’s regulator. The carrier is aiming to operate international non-scheduled services from Bucharest’s primary Henri Coanda airport. Bees Airlines says it plans to serve routes to holiday destinations including resorts in Turkey and Egypt. The carrier will ...
-
NewsRoyal Jordanian expands cargo fleet with converted A321 freighter
Royal Jordanian Airlines has introduced an Airbus A321 converted freighter, providing additional dedicated cargo capacity as part of the carrier’s fleet modernisation.
-
NewsEdelweiss to assign initial A350s to North American destinations
Swiss carrier Edelweiss intends to be the first carrier in the country to introduce Airbus A350s, and has unveiled initial long-haul routes for the type.
-
NewsSAS expects network disruption as batch of A320neos undergoes component checks
Scandinavian carrier SAS is temporarily withdrawing several Airbus A320neo jets from service while it carries out checks on a specific component on the type. The airline says it needs to inspect pressure regulator transmitters on 18 A320neos. SAS states that this “requires pausing operations with these aircraft”, and admits that ...
-
NewsEl Al considers raising funds through offer of securities
Israeli carrier El Al is considering carrying out a fundraising exercise through a public offering of securities. The airline has not stated the quantity of capital it aims to obtain, and it has not given a timeline. Controlling shareholder Kanfei Nesharim has informed the carrier that it intends to participate ...
-
NewsIsrael’s El Al tentatively signs for up to nine more 787s
Israeli flag-carrier El Al has disclosed a preliminary agreement to purchase three more Boeing 787-9s, with options for another six. The airline says that the three aircraft would be delivered in 2029 and 2030. El Al adds that the optioned 787s, should they be taken up, would arrive from 2030 ...