All air transport news – Page 112
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Start-up Electra Aero secures USAF funding for eSTOL development
US start-up Electra Aero has secured $30 million in funding through a US Air Force (USAF) programme to further develop an all-electric short take-off and landing (eSTOL) aircraft.
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Gulfstream targets 20% bump in 2023 aircraft deliveries
Business jet maker Gulfstream aims to hike its aircraft deliveries by a fifth in 2023 after missing its delivery target last year amid regulatory and supply chain issues.
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Pilot shortages holding back American’s expansion
Pilot availability is still limiting the size of American Airlines’ operation, through the carrier says it has ramped pilot training to accommodate its planned 2023 fleet expansion.
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Airbus continues recruitment ramp-up to feed new technological activities
Airbus is embarking on a recruitment drive to hire another 13,000 personnel this year, matching its effort last year.
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American turns $127m profit in 2022 as soaring expenses eat into record revenues
American Airlines made a $127 million profit in 2022 as surging expenses offset what was a record year of revenue for the Fort Worth-based carrier.
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Jet2 believes full-year financial results will beat expectations
UK leisure carrier Jet2 is forecasting it will exceed full-year financial expectations, with a profit of £370-385 million ($458-476 million) after winter bookings strengthened. Jet2 states that average load factors, as a result, are slightly ahead of the pre-pandemic winter 2018-19 season, compared with a 24% hike in capacity. The ...
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Boeing still coping with ‘unstable’ 737 delivery pace
Boeing expects to deliver between 30 and 40 737s monthly in 2023 – and where it falls in that range will depend largely on its ability to fix supply and labour issues.
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Boeing’s truss-braced-wing demonstrator will ‘definitely’ inform next aircraft: CEO
Boeing chief executive David Calhoun insists future narrowbody commercial aircraft will benefit from technologies advanced as part of Boeing’s partnership with NASA to develop a truss-braced-wing demonstrator.
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Boeing pushes back plan to bring 787 production to five monthly
Boeing has delayed until later this year a plan to bring 787 production to five aircraft monthly, citing a production slowdown due to a “supply constraint”.
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Swiss starts flying A340s with premium-economy cabins
Lufthansa Group carrier Swiss has started flying Airbus A340-300s fitted with premium-economy seating. Swiss is retrofitting all four of its A340s with the seats, the first of which (HB-JMB) commenced services with the new configuration on 24 January with a Zurich-Johannesburg flight. The airline says the A340s will all be ...
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Textron Aviation’s 2022 profit jumps as supply chain troubles disrupt production
Textron Aviation turned a $584 million profit in 2022, a year in which parts shortages held up production even as demand for new business aircraft remained strong.
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Commercial and defence programmes push Boeing to $5.1bn 2022 loss
Boeing lost $5.1 billion in 2022 as lacklustre performance from its commercial aviation division combined with its defence business swinging into the red.
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Uzbekistan Airways revives attempts to sell ageing Boeing and Soviet-era fleets
Uzbekistan Airways is reviving attempts to sell an ageing fleet of Boeing twinjets as well as older Soviet-era aircraft, having recruited a UK-based consultant. The flag-carrier of the Central Asian state has been modernising its operation and recently opted to acquire additional Airbus A320neo-family jets. But it has been trying ...
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Collins’ aircraft interiors business faces long road to recovery
Collins Aerospace’ aircraft interiors business is lagging the company’s broader recovery due to the slow return of demand for international long-haul air travel.
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Raytheon reports sluggish defence growth despite high demand
The aerospace conglomerate reports strong growth in the sale of commercial aviation products, but says it still faces significant manufacturing headwinds in its defence portfolio.
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Shortages of P&W engine components to continue through most of 2023
Availability of complex metal components used to produce aerospace turbofans will likely remain constrained through most of this year.
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Kazakhstan’s Qazaq Air seeks jets for network expansion
Kazakh regional carrier Qazaq Air is looking to introduce jets to its fleet in order to expand its network. The airline’s management has visited Dublin to discuss options with a number of possible lessors, aircraft manufacturers and financial firms. Qazaq Air has not disclosed its specific requirements. But the airline ...
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Norse Atlantic to open JFK service from fifth European capital
Scandinavian long-haul low-cost carrier Norse Atlantic Airways is to open services between Rome and New York JFK in mid-June. The airline is to operate to the US gateway from Rome’s main Fiumicino airport. Rome will be the fifth capital city that Norse will connect to JFK, after the airline previously ...
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GE Aerospace’s 2022 profit jumps as recovery continues
GE Aerospace’s 2022 profit jumped 66% year-on-year to $4.8 billion, partly reflecting a bump in revenue from commercial aviation parts and aftermarket services sales.
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Ramp personnel held engine-safety brief before fatal E175 ingestion accident
US investigators have disclosed that a ramp worker was fatally injured after being sucked into the engine of an Embraer 175 at Montgomery airport despite the ground crew’s holding specific engine-safety briefings a few minutes before the aircraft arrived at the gate. The safety briefings were conducted because the Envoy ...