All Air Transport articles – Page 60
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NewsGulf carrier acquisition of Royal Jordanian would ‘make sense’: chief executive
Royal Jordanian chief executive Samer Majali believes the airline is an ideal candidate for acquisition by a larger Gulf-based operator, given its location and capabilities. Speaking to FlightGlobal at the Arab Air Carriers Organization conference in Riyadh, Majali said a strategic investor would obtain an alternative hub – away from ...
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NewsSpirit AeroSystems seeks to renegotiate contracts with Airbus as losses pile up
Spirit AeroSystems is working to renegotiate loss-making supply contracts with Airbus and to refinance more than $1 billion in debt coming due in 2025, efforts executives describe as requiring urgent attention.
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NewsNorse Atlantic aims to shore up liquidity as it turns in profitable third quarter
Scandinavian long-haul operator Norse Atlantic Airways is looking at additional financing to support the company through the winter season, while also embarking on a strategic review to explore opportunities with industrial players. Norse Atlantic says it is considering supplementary fundraising of up to $45 million to “improve liquidity” through the ...
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NewsRoyal Jordanian chief dismayed as Israel-Gaza conflict threatens profitability
Royal Jordanian believes disruption from the Israeli-Gaza conflict will badly affect fourth-quarter performance and set back the airline’s efforts to return to profitability this year. The carrier made profits at the nine-month point, said chief executive Samer Majali, speaking to FlightGlobal during the Arab Air Carriers Organization conference in Riyadh. ...
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NewsSpirit AeroSystems loses $204 million in Q3 amid surging expenses and costly rework
Costly fuselage rework and increased supply chain and labour expenses pushed US aerostructures manufacturer Spirit AeroSystems to a $204 million loss in the third quarter of 2023.
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NewsAACO carriers to pilot SITA sustainability and digital-identity initiatives
Three airline members of the Arab Air Carriers Organization are to participate in pilot projects focused on sustainability management and digital identity, under a co-operation agreement with SITA. The agreement covering trials of the two technology solutions, which will take place over the next few months, was unveiled at the ...
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NewsSaudia seeking ‘quick fixes’ to ease supply-chain impact on fleet: chief
Saudi Arabian operator Saudia Group’s chief says the airline is working to obtain “quick fixes” – though not necessarily permanent resolutions – to address the supply-chain impact on its fleet. Speaking during a briefing at the Arab Air Carriers Organization conference in Riyadh, director general Ibrahim Al-Omar said the company ...
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NewsKuwait Airways weighs long-haul freighter options as it seeks to build cargo division
Kuwait Airways is weighing the Boeing 777F and the Airbus A350F as it looks to enhance its cargo division, a strategy through which it expects to acquire a fleet of dedicated freighters. Newly-appointed chairman Abdulmohsen Alfagaan, speaking to FlightGlobal at the Arab Air Carriers Organization conference in Riyadh, stressed the ...
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NewsCFM spare part sales boost Safran third-quarter revenues
Strong aftermarket demand for CFM International CFM56 spare parts on the back of increased single-aisle utilisation helped Safran to revenues of €5.8 billion ($6.1 billion) in the third quarter.
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NewsLufthansa Group carriers aim to source 2,000 pilots over next two years
Lufthansa Group is aiming to recruit more than 2,000 pilots over the next two years in order to meet increasing demand. The company – which is commencing services with its new City Airlines operation next year – has embarked on a promotional campaign to source more cockpit crew. Lufthansa Group ...
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NewsBaltic operator Heston Airlines obtains investment from lessor Genesis
Lithuanian operator Heston Airlines has obtained investment from Irish-based lessor Genesis, which is taking a minority shareholding. Neither the size of the investment nor that of the share has been disclosed. But the agreement underpins a partnership which has been in place since 2020. The Vilnius-based carrier commenced flights in ...
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NewsAir Inuit’s 737-800 freighters to be converted by Aeronautical Engineers
Canadian operator Air Inuit has selected US-based Aeronautical Engineers to convert three Boeing 737-800s into freighter configuration. The carrier had disclosed earlier this year that it planned to take three 737-800s to replace older 737-200s. Two of the three aircraft will be converted into a combi configuration. Aeronautical Engineers has ...
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NewsCzech investigators detail Legacy 600 stick-shaker incident during Sion approach
Czech investigators have detailed an incident involving an Embraer Legacy 600 executive jet which experienced a speed reduction and stick-shaker activation on descent to the Swiss city of Sion. The aircraft had been operating a service from Bratislava on 19 July and conducting an instrument guided system approach to Sion’s ...
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In depthBoeing pushing production rates to keep suppliers ‘hot’ despite delivery slowdown
While Boeing will deliver fewer than expected 737s this year due to a quality problem, the company is broadly working to speed up the pace of its entire 737 production system, aiming to hit a 38-monthly rate this year.
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NewsOverair nears assembly of prototype with flight testing on near horizon
After completing ground testing of its propulsion system last year, Southern California’s Overair is focusing on building and flying the production prototype of its ”Butterfly” air taxi.
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NewsGulfstream pulls back 2023 delivery forecast and still hopes for G700 approval this year
Gulfstream has become the latest aerospace company to trim its 2023 delivery goals as supply chain troubles prove more difficult to overcome than some industry executives suspected.
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NewsMore than half of Volaris’ Airbus jets may require Pratt engine inspections
More than half of Volaris’s fleet could be affected by the Pratt & Whitney GTF engine issues, the low-cost carrier’s executives say.
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NewsMichael Whitaker confirmed as administrator of the FAA
The US Senate on 24 October unanimously confirmed Michael Whitaker as administrator of the Federal Aviation Administration, ending an 18-month period of uncertainty regarding the agency’s long-term leadership.
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NewsArcher’s Midnight air taxi hovers for first time
Archer Aviation’s Midnight aircraft has hovered off the ground, a milestone in the company’s progress toward certification and commercialisation of its air taxi design.
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NewsAirbus renewing ocean transport vessel fleet to assist A320neo ramp-up demand
Airbus is to support its effort to hike monthly A320neo-family production to 75 aircraft through a renewal of its transatlantic logistics vessel fleet. The airframer has commissioned three new roll-on, roll-off ships – which will incorporate wind-assisted propulsion – for service entry in 2026. Airbus uses ships to transport A320neo ...