All Air Transport articles – Page 77
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NewsAirbus chief insists airframer not ‘doomed’ to backloaded deliveries
Airbus chief executive Guillaume Faury acknowledges that the airframer is again having to cope with a heavily-backloaded fourth quarter, but views it as a consequence of trying to ramp-up production while addressing unexpected disruptive events.
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NewsLearjet experienced in-flight upset from A330 wake during Halifax approach
Canadian investigators have disclosed that a Bombardier Learjet 35A experienced an in-flight upset from wake turbulence during an approach to Halifax.
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NewsAirbus proposes MTU head Wagner to succeed Scherer as commercial aircraft chief
Airbus has proposed MTU Aero Engines chief Lars Wagner to succeed Christian Scherer as the head of the airframer’s commercial aircraft business.
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NewsAirbus maintains production ramp-up targets as supply-chain issues persist
Airbus is maintaining its full-year delivery estimate and its longer-term production ramp-up targets, although it states that supply-chain issues remain a concern.
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NewsFinnair shows off revamped E190 cabin interiors
Finnair has shown off a cabin revamp on its Embraer 190s, which the Nordic carrier uses for regional European services.
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NewsSpain’s Iberia takes delivery of first long-range Airbus A321XLR
Iberia has taken delivery of the first Airbus A321XLR, the longest-range variant of the A321neo family.
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NewsFinnair bets on sustainable fuel progress but pushes back carbon-neutrality target date
Finnair has pushed back its long-term target for achieving carbon neutrality, fixing the timeline at 2050 rather than its previous ambition of 2045. The carrier disclosed the shift as it revealed that short-term plans to decarbonise its operations had secured validation, with formal acceptance of a science-based target to reduce ...
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NewsBoeing continues accepting Leap-1B deliveries despite machinists’ strike
CFM International has continued delivering Leap-1B engines to Boeing during the ongoing machinists’ strike, leading to the airframer accumulating an excess inventory of the powerplants.
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NewsNasdaq stock exchange to delist Lilium following insolvency filings
The Nasdaq stock exchange will halt trading of financially embattled air taxi developer Lilium’s shares after 5 November, a move coming in response to insolvency filings for two of the German company’s main subsidiaries.
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NewsFinnair to re-introduce A330s deployed under Qatar Airways co-operation
Finnair intends to re-introduce a pair of redeployed Airbus A330s to its own network when a Qatar Airways co-operation agreement ends early next year.
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NewsJetBlue swings to $60m third-quarter loss but points to improving financial trends
JetBlue Airways lost $60 million in the third quarter of 2024 but insists its turnaround plan is yielding results, citing improving cost and revenue trends.
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NewsFinnair maintains full-year outlook despite lower third-quarter performance
Finnair is maintaining its forecast for full-year profit, despite a lower third-quarter performance as the post-pandemic traffic surge eased. The carrier has reiterated its revenue outlook of €3-3.2 billion ($3.2-3.4 billion) and has narrowed its comparable earnings range to €120-170 million. It is also sticking with plans to achieve an ...
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NewsSmartLynx secures US authorisation for Latvian fleet operations
Wet-lease specialist SmartLynx Airlines has secured broader authorisation to conduct US operations, with approval of its Latvian division. SmartLynx has operated US services under its Maltese air operator’s certificate since 2019. But the US FAA has since conducted an audit of the Latvian air transport regulator. SmartLynx says that, following ...
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NewsSAA chair: South African domestic market strong despite Mango absence
South African Airways’ chairman is uncertain whether budget carrier Mango will be revived, but believes that the country’s domestic market is strong and signals that SAA is more focused on regional and intercontinental services.
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NewsCzech Airlines drops out of SkyTeam as Smartwings takes over flight operations
Czech Airlines has ceased to be a member of the SkyTeam alliance, following a change to the company’s business model that involves associate airline Smartwings taking over its operations. SkyTeam says the carrier’s membership ended effective 26 October. As a result of the structural change, Czech Airlines will no longer ...
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NewsTextron trims 2024 financial estimates due to machinists’ strike, delivery slowdown
Executives cut $500 million off Textron Aviation’s expected 2024 revenue following month-long walkout by machinists
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NewsSAA striving to recover R1bn from Zimbabwe as it seeks funds for development
South African Airways is keen to recover some R1 billion ($59 million) in funds from a Zimbabwean legacy debt, but admits it has achieved only minimal success. The carrier’s senior management appeared before a parliamentary public accounts committee on 22 October, laying out the need to source funding after a ...
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NewsSAA floats possibility of selling Heathrow slots to fund fleet expansion
South African Airways has raised the possibility of selling slots at London Heathrow in order to help address the airline’s financial pressures. SAA is government-owned and has been forced to revise its business strategy after a long-running attempt at privatisation collapsed earlier this year. The carrier’s chair, Derek Hanekom, told ...
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NewsMoody’s thinks Boeing still has negotiating room with union as cash crunch continues
Boeing faces the prospect of losing billions more dollars in the fourth quarter and may need to accelerate efforts to raise cash after machinists on 23 October voted down another of the company’s contract offerings.
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NewsIceland’s Play slashing hub-and-spoke activity as it shifts to new model
Icelandic budget carrier Play expects to slash the proportion of hub-and-spoke operations in its activity from 75% to just 30% as it adopts a new business model. Leisure travel will account for 35% – up from the current 25% – while charter and wet-lease services will account for the remaining ...