All air transport news – Page 126
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News
Chinese lessors sign for 300 C919s, 30 ARJ21s
China’s Comac has clinched commitments for 300 C919 narrowbodies from a group of seven lessors, marking the programme’s first orders since gaining type certification more than a month ago.
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Republic Airways cuts 31 Embraer E175s from orderbook
Embraer has stripped 31 E175s from its backlog after US regional carrier Republic Airways apparently cancelled the orders.
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News
Honda Aircraft receives FAA certification for HondaJet Elite II
Honda Aircraft’s HondaJet Elite II – a recently unveiled longer-range variant of the light jet – has received type certification from the US Federal Aviation Administration.
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News
Airbus records strong single-aisle order activity during October
Airbus recorded a strong month for single-aisle orders during October, including 59 A320neo-family jets for IAG and an agreement for 28 A321neos attributed to an undisclosed customer. Chinese operator Xiamen Airlines booked 25 A320neos and 15 A321neos, while Jet2’s order for 35 A320neos also appeared in the backlog. Air Canada ...
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News
Boeing lost no orders to cancellations in October, a first since July 2019
Boeing in October logged its first month in more than three years without a single cancellation and padded its backlog with orders for 10 787s and more than 100 737 Max aircraft.
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News
Israeli state takes Israir convertible bonds in exchange for financial aid
Israel’s government is to provide financial assistance to operator Israir Group in exchange for convertible bonds. The ministry of finance has agreed to provide 33 million shekels ($9.4 million) to the company’s aviation and tourism division. It will provide the funding in US dollars, and receive convertible bonds as collateral ...
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Analysis
Bahrain’s freight players take growth steps
Boeing freighters sporting DHL’s distinctive yellow and red paint scheme are an unmistakable and familiar sight at Bahrain International. The German logistics and parcels carrier – which has had a presence in the kingdom for 40 years – has helped Bahrain establish a reputation as one of the Middle East’s key cargo crossroads.
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News
ATR 42-600 secures Chinese certification approval
Chinese civil aviation regulators have validated the type certificate of the ATR 42-600, clearing the turboprop for operations in the country.
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News
Air France-KLM repays €1bn of state loan early after strong results
Air France-KLM Group has repaid early part of the outstanding state-backed loan granted to support the company during the pandemic.
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News
Embraer’s third-quarter aircraft deliveries inch up to 33 shipments
Brazilian manufacturer Embraer delivered 33 commercial and business aircraft in the third quarter of 2022, a slight year-on-year improvement that still leaves the company’s year-to-date deliveries trailing its 2021 output.
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News
Pessimism over inflation risk to Ryanair’s business ‘exaggerated’: O’Leary
Ryanair chief executive Michael O’Leary insists that concerns over rising inflation and recession on its business have been “greatly exaggerated”. O’Leary shrugged off pessimistic forecasts as the budget carrier group unveiled strong second quarter net profits of €1.2 billion. “As the lowest-cost producer in Europe, we expect to grow strongly ...
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News
Ryanair to retrofit scimitar winglets on 737-800 fleet to cut fuel-burn
Budget carrier Ryanair is to retrofit scimitar winglets across more than 400 Boeing 737-800s in its fleet, in order to trim fuel consumption. The retrofit programme will commence during the winter season, the airline states, and represent an investment of more than $200 million. Scimitar winglets are an evolution of ...
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News
C919 among Chinese programmes to make public debut at Airshow China
Comac’s C919 narrowbody will make its first public appearance at this year’s Airshow China, over a month after the type was certificated by Chinese regulators.
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News
Fatalities as Precision ATR lands short and sinks in Lake Victoria
Tanzanian carrier Precision Air believes at least 19 fatalities resulted from an ATR 42-500 accident at Bukoba during which the turboprop came to rest submerged in Lake Victoria. The aircraft – identified by the airline as 5H-PWF – had been operating a service, PW494, from Dar es Salaam. Precision Air ...
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News
Israir unifying its fleet around A320s after agreeing to sell ATR 72s
Israeli leisure operator Israir has tentatively agreed to sell its pair of ATR 72-500 turboprops, in order to simplify its fleet. Israir intends to unify its fleet based on Airbus A320s. It has six A320s – two owned and four dry-leased – and intends to add a seventh in the ...
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News
Scotland’s Loganair takes more ATRs to replace Saab 340 fleet
Scottish carrier Loganair is to modernise its fleet, phasing out Saab 340B turboprops in favour of additional ATRs. It will introduce eight ATRs for next summer, while shedding its remaining eight 34-seat Saabs by July. The carrier says the Saabs will be replaced with 48-seat ATR 42s. Loganair states that ...
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News
Israeli carrier Israir lines up bid for Czech operator Smartwings
Israeli leisure carrier Israir has identified Czech budget operator Smartwings as the target of a takeover offer. Israir, which was acquired by an investment firm last year, had disclosed earlier this year that it was participating in a private process with a view to acquiring the entire share capital of ...
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News
Kenya Airways insists ‘unlawful’ pilot strike will undo efforts to bring down costs
Kenya Airways estimates that a strike by its pilots set to start on 5 November will cost around KSh300 million ($2.5 million) a day. The airline has condemned the industrial action by the Kenya Airline Pilots Association, describing it as “unlawful”. “This unfortunate action may affect both our passengers, who ...
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News
Embattled Flyr optimistic of positive earnings from mid-2023
Norwegian carrier Flyr is optimistic that its revised business plan will be sufficient to nurse the airline through the winter season, and that earnings margins will start to turn positive from June next year. Despite a strong summer market, Flyr turned in a third-quarter operating loss of NKr231 million ($22 ...
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News
Flyr seeks NKr530m through share issues to relieve ‘very strained’ finances
Norwegian budget carrier Flyr is looking to reinforce its financial position with share placements which would potentially raise NKr530 million ($50 million). This scheme comprises a private placement for NKr430 million and a possible subsequent placement, for those unable to participate in the private issue, aimed at raising another NKr ...