All Air Transport articles – Page 58
-
NewsArcher keeps burning cash on quest for scaled air taxi operations
US air taxi maker Archer Aviation reports a third-quarter cash position significantly lower than the one it held on 30 September of last year. .
-
NewsWheels Up loses $145m in Q3 but aims for operating profit in 2024
Charter aircraft provider Wheels Up lost $145 million in the third quarter of 2023, but executives insist a network overhaul, a partnership with Delta Air Lines and new financing position it to turn operationally profitable next year.
-
NewsAeroflot Group settles aircraft claims with lessor BOC Aviation
Russian operator Aeroflot Group has settled with another lessor over its continued use of foreign-built aircraft. The company states that it has “completed” a settlement arrangement with the Irish arm of Singapore-based BOC Aviation. While Aeroflot Group has not disclosed terms, BOC Aviation states that it has received a cash ...
-
In depthJoby bucks competitors by pushing adoption of its ‘universal’ electric charging system
US air taxi maker Joby Aviation is pushing for the electric aviation sector to adopt its system for charging aircraft rather than the automotive-based standards recently proposed by competing start-ups Archer Aviation and Beta Technologies.
-
NewsEl Al introduces 737 freighter as conflict disrupts passenger operations
El Al is expecting that the negative impact of the Israel-Gaza conflict is likely to persist into the first quarter of 2024. The flag-carrier states that there has been a decline in the demand in future flights as a result of the month-old conflict. El Al says it has increased ...
-
NewsLeonardo targets improved contract terms from Boeing for 787 work
Boeing could be facing more cost increases on the 787 programme after aerostructures supplier Leonardo indicated that it was seeking to follow Spirit AeroSystems’ lead and renegotiate its current contract with the airframer.
-
NewsUral A320 forced-landing crew made ‘unreasonable’ decision to divert: inquiry
Russian investigators have described as “unreasonable” a Ural Airlines Airbus A320 crew’s decision to divert to Novosibirsk, having incorrectly estimated the fuel required after failing to take into account the aircraft’s extended landing-gear. The aircraft, originally bound for Omsk on 12 September, was forced to land in a field 186km ...
-
NewsZeroAvia eyes Airbus opportunity following airframer’s investment
Advanced powertrain specialist ZeroAvia believes it can become Airbus’s future hydrogen propulsion supplier of choice following a recent collaboration pact between the two companies.
-
NewsZeroAvia eyes flight-test and certification milestones before year-end
Hydrogen propulsion developer ZeroAvia is readying its converted Dornier 228 demonstrator for the next round of test flights, as it prepares to submit its certification proposal for the ZA600 powertrain to the UK regulator.
-
NewsEmirates operating over 100 A380s as half-year profits surge
Middle Eastern operator Emirates Group has turned in a first-half net profit of just over Dhs10 billion ($2.7 billion), with carrier Emirates contributing Dhs9.4 billion to the total. The group says the figure, to 30 September, is a record for its interim performance and it adds that it expects customer ...
-
NewsWizz Air raising utilisation and prolonging A320 leases to mitigate P&W engine impact
Central European budget carrier Wizz Air is expecting to ground around 45 Airbus A320neo-family jets by the end of March 2024, in relation to Pratt & Whitney engine inspections. These figures include aircraft grounded in September 2023 and others which will be affected from mid-January next year. “The final number ...
-
NewsP&W’s defective disk issue found to affect more business jet engines
Dozens of Pratt & Whitney Canada PW307 turbofans on Dassault Aviation business jets may contain disks with the same manufacturing defect affecting more than 1,000 Pratt & Whitney (P&W) PW1100Gs.
-
NewsAeroitalia takes large share of Romanian regional Air Connect
Italian operator Aeroitalia has finalised the acquisition of a large shareholding in Romanian regional carrier Air Connect. Aeroitalia emerged last year as a private airline serving routes primarily within Italy but also to destinations in Romania and Spain. The carrier uses a fleet of Boeing 737s supplemented by ATR 72-600s ...
-
NewsWould-be operator Global picks Avia Solutions division for interior A380 refurbishment
Would-be Airbus A380 operator Global Airlines has recruited a division of Avia Solutions Group to refurbish the cabin of its initial aircraft. Global Airlines says work on the aircraft, to be carried out by UK-based JetMS Completions, is set to begin in January next year. The start-up operator says the ...
-
NewsIraqi ministry signals re-opening of services to Germany and Denmark
Iraq’s transport ministry has signalled a resumption of flights to European destinations in Germany and Denmark this month. The ministry indicates that daily services will be operated to Frankfurt, Berlin, Munich, Dusseldorf and Copenhagen from 10 November. Iraqi Airways is promoting the flights but the government has not disclosed full ...
-
NewsCargojet’s Q3 profits dip amid cooling air freight market
Canada’s Cargojet Airways reports a third-quarter profit of C$10.5 million ($7.63 million) – versus marking C$83.4 million during the same period last year – amid cooling demand for air cargo.
-
NewsEmbraer expects PW1000G work will triple revenues at Portuguese MRO provider OGMA
Embraer expects a massive revenue bump in the coming years for its Portuguese maintenance unit OGMA as it begins ramping up work on Pratt & Whitney (P&W) PW1000G geared turbofan (GTF) engines.
-
NewsEve doubles third quarter R&D spending as it starts building air taxi prototype
Electric air taxi developer Eve Air Mobility reports high spending on research and development during the third quarter as it starts assembling its first prototype ahead of a planned 2024 flight-test campaign.
-
NewsMadagascar Airlines suspends long-haul flights as financial situation becomes ‘critical’
Madagascar Airlines has declared that its financial situation is “critical” and it intends to implement urgent measures including withdrawing long-haul services and focusing on its domestic network. The carrier emerged in April last year, in the post-pandemic period, but accumulated losses of $25 million over the course of nine months ...
-
NewsArcher and Beta call for standardised electric air taxi charging systems
A pair of leading air taxi developers on opposite coasts of the USA – California’s Archer Aviation and Vermont’s Beta Technologies – are working together to “spur the widespread roll-out” of shared charging infrastructure for electric aircraft.