All air transport news – Page 15
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Spirit lost $143m in first quarter as airline pursues cost and capacity cuts
Spirit Airlines lost $143 million in the first quarter of 2024 amid heightened competitive pressures and other factors that have prompted the airline to shrink its operation and to seek out cost savings.
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Icelandic cargo carrier Bluebird Nordic discontinues operations
Iceland’s Bluebird Nordic has discontinued cargo operations, ending services on 30 April. The Reykjavik-based carrier says it has “voluntarily surrendered” its air operator’s certificate to the Icelandic civil aviation administration. Bluebird Nordic adds that it is returning all the aircraft in its fleet to their respective lessors. It was owned ...
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Emirates discloses initial routes for first batch of 312-seat A350-900s
Middle Eastern carrier Emirates has unveiled the first batch of nine routes on which it will deploy its new Airbus A350-900 fleet. Emirates has 65 of the type on order and it indicates the first will be operating on the carrier’s network from mid-September. The first 10 jets will be ...
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NetJets behind a 12-strong Challenger 3500 order revealed by Bombardier last year
Bombardier has disclosed that charter aircraft operator NetJets was the customer behind an order for 12 Challenger 3500 business jets landed by Bombardier last year.
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Cargolux’s full-year figures illustrate return of cyclical freight activity
Freight specialist Cargolux Group achieved a full-year net profit of $286 million, but the figure is substantially down on the previous level of $1.6 billion. Cargolux generated revenues of $2.97 billion for 2023, over 40% lower than its 2022 performance. The carrier says the figures show the “cyclical nature” of ...
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DHC-6 floatplane wing-strike inquiry wrestles with pilots’ contradictory testimonies
Investigators probing a Maldives water-landing accident which damaged a Viking Air DHC-6-300 floatplane have disclosed contradictory testimonies from the pilots over the application of power. The Trans Maldivian Airways turboprop had been approaching Vommuli aerodrome on 16 May last year, following a service from Sun Siyam Iru Veli. It conducted ...
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Aeroflot claims lowest first-quarter net loss in five years
Russian flag-carrier Aeroflot has turned in a first-quarter net loss of Rb6.9 billion ($75.3 million), but states that this is its lowest loss for the period in five years. It says the result – under Russian accounting standards – illustrates a “trend of progressive improvement”. Aeroflot says it achieved the ...
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Scandinavia’s Frost Air obtains own air operator’s certificate
Scandinavian ad hoc and sub-charter carrier Frost Air has been granted an air operator’s certificate from Danish regulators.
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Joby wraps up flight testing with pre-production eVTOL prototype
US air taxi start-up Joby Aviation has concluded the pre-production flight test programme that it launched four years ago, now transitioning into a production-focused phase of development.
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Textron consolidates parts distribution operations in Wichita
Textron Aviation has unveiled a massive expansion of its distribution facility in Kansas to support thousands of Cessna, Beechcraft and Hawker aircraft operating globally.
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Oman Air transformation to be led by Flyadeal chief Korfiatis
Middle Eastern carrier Oman Air has named Con Korfiatis, the head of Saudi budget airline Flyadeal, as its chief executive. Korfiatis will succeed acting chief Nasser Al Salmi, the airline’s chief operating officer, who stepped up to the top post last year in place of Abdulaziz Al Raisi. The appointment ...
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Jazeera blames currency fluctuations as first quarter performance dips
Kuwaiti budget carrier Jazeera Airways is blaming adverse foreign currency effects for a first-quarter net loss of KD2.7 million ($8.8 million). The figure is a reversal of the KD2.3 million profit achieved in the same quarter last year. Jazeera Airways says the result was “mainly due” to the impact of ...
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Colombian investigators probe ATR nose-gear collapse prior to take-off
Colombian authorities are probing a gear-collapse incident involving an ATR 42-500 turboprop preparing for departure from San Andres. The ATR, operated by regional carrier Satena, suffered a collapse of its nose-gear just before taking from Gustavo Rojas Pinilla airport on the Caribbean island territory, which lies east of Nicaragua. Colombian ...
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South Korea’s Hanwha ventures into engine leasing
South Korean conglomerate Hanwha has launched Hanwha Aviation, its first foray into the engine leasing business.
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Prototype ‘Russified’ SJ-100 flown to Zhukovsky for flight-test campaign
United Aircraft has transferred the prototype import-substituted Yakovlev SJ-100 to Moscow’s Gromov institute for flight certification testing. The twinjet flew from the assembly plant at Komsomolsk-on-Amur to Moscow Zhukovsky airport, with an intermediate stop in Novosibirsk. United Aircraft says factory development testing has been completed. Although the aircraft is designed ...
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Royal Jordanian’s aspiration for full-year profit dashed by Gaza conflict
Royal Jordanian Airlines has disclosed that the Israeli-Gaza conflict resulted in a near-JD40 million ($56 million) impact on revenues in the fourth quarter of last year. The flag-carrier turned in a full-year net loss of JD8.7 million, despite efforts to reduce expenditure and cut costs, says chief executive Samer Majali. ...
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Lessor Avation boosts ATR 72 portfolio with 10-aircraft order
Singapore-based lessor Avation has ordered 10 ATR 72-600s and signed purchase rights for another 24 examples.
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Bombardier unlikely to develop clean-sheet jet this decade: CEO
Bombardier chief executive Eric Martel has largely ruled out the airframer developing a clean-sheet aircraft for at least the rest of the decade, saying competitive dynamics and technological advancements do not support such a move.
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Bombardier to keep jet delivery rates flat this decade as other businesses expand
Bombardier expects its aircraft delivery rate will remain largely flat for much of this decade but anticipates significant revenue gains from its defence and aftermarket businesses.
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Bombardier brings new Global production site in Toronto fully online
Bombardier on 1 May marked the opening of its new Global business jet production site at Toronto Pearson International airport, completing a transition started several years ago as part of a broader business restructuring.