All air transport news – Page 218
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NewsOptimistic SAS lifts long-term financial forecast over strong demand
Scandinavian carrier SAS is reviewing long-term financial projections for 2024-26, with preliminary indications that stronger-than-expected demand will generate higher revenues and earnings towards the end of this period. SAS had previously estimated revenues of SKr49 billion ($4.7 billion) for 2026 but believes this figure will be greater, while it is ...
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NewsBoeing once again halts 787 deliveries, this time due to ‘analysis error’
Boeing has once again halted deliveries of its 787 Dreamliners due to what it calls “an analysis error” by one of its suppliers.
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NewsSoon-to-be-acquired Atlas Air posts profitable Q4, but cargo demand slips from 2021
US air cargo company Atlas Air Worldwide made $126 million during its fourth quarter of 2022 and $356 million for the full year – “one of the best years in Atlas’ history”, chief executive John Dietrich said on 23 February. The freight hauler’s results were down from 2021, however.
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NewsNew Rolls-Royce chief tears into underperformance and strategic weakness
New Rolls-Royce chief executive Tufan Erginbilgic has given a withering assessment of the company’s strategic and financial performance as it unveiled its full-year results. Rolls-Royce has been “underperforming for an extended period”, he said during a presentation on 23 February. “Cash generation is unsatisfactory. Our debt is still too high. ...
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NewsRolls-Royce civil aerospace profits up but company 'capable of much more': CEO
Large engine flying hours for Rolls-Royce increased further last year, but remain 35% below the pre-crisis level of 2019, the manufacturer has disclosed. But it expects this gap to reduce to 10-20% this year following the easing of travel restrictions in China. Rolls-Royce large civil engine deliveries reached 190 – ...
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NewsFlyr administrator pessimistic over creditors’ claims
Collapsed Norwegian carrier Flyr’s administrator believes there will be no funds available for non-priority creditor claims, once it has addressed those with greater precedence such as wage arrears. Flyr was placed in bankruptcy by an Oslo court on 1 February. Law firm Kvale held an initial creditor meeting on 16 ...
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NewsTajikistan’s Somon Air considers possible L-410 acquisition
Tajik carrier Somon Air appears to be considering potential acquisition of Let Aircraft Industries L-410s for regional operations. Somon Air says a delegation from the airline has conducted a familiarisation visit to the Czech plant of the company. It says representatives aimed to become acquainted with the production process of ...
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NewsGE continues pushing F-35 engine replacement over upgrade
Calling its campaign to develop an adaptive-cycle engine for the fifth-generation stealth fighter a success, GE Aerospace is pushing for the US Air Force to adopt the technology, rather than opting to perform a core upgrade on the existing F-35 powerplant.
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In depthWill electric air taxis really soar over LA during the 2028 Olympics? Industry players bank on it
Some believers in emerging aviation technology have a futuristic vision of a highly connected fleet of electric vertical take-off and landing (eVTOL) vehicles in the sky above Southern California within five years. Type certification is the next big step.
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NewsFAA to publish airworthiness directive for Continental engines
The Federal Aviation Administration plans to publish an airworthiness directive (AD) for Continental Aerospace engines later this week.
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NewsPitch-up after tailwind shift led to SAS A320neo tail-strike at Split
Croatian investigators believe a late shift in tailwind preceded an SAS Airbus A320neo’s loss of lift just before touchdown in Split, leading to a tail-strike. The aircraft, arriving from Bergen, had been stabilised during an ILS approach to runway 05. But winds were varying from 170-245°, and a 10kt change ...
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NewsLeap engines still 'suffering' in harsh conditions, says Safran chief
Premature wear of turbine components in CFM International Leap engines operated in “harsh” environments is causing higher than anticipated workload for the manufacturer’s repair and overhaul network. First disclosed in late 2021, the problem relates to the cracking of first-stage rotor blades of Leap engines that are operated in challenging ...
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NewsCRJ900 unexpectedly climbed and accelerated during cruise: safety board
Canadian investigators have disclosed that a Jazz Mitsubishi CRJ900 experienced an uncommanded climb and acceleration during a domestic service. The aircraft had departed Vancouver for Saskatoon on 13 February. Transportation Safety Board of Canada states that the incident occurred as the aircraft was cruising at 37,000ft some 60nm east of ...
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NewsEmirates prepares for A350 and 777X training with new simulator centre
Middle Eastern carrier Emirates is preparing for the introduction of its Airbus A350 and Boeing 777X fleets with a new pilot-training facility in Dubai. The facility, to be sited next to its current training centre, is scheduled to open in March next year. It will have six full-flight simulator bays ...
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NewsSiberia’s Yakutia restores ‘dismantled’ Superjet to flight
Siberian carrier Yakutia has restored an Irkut Superjet 100 to flight after extensive maintenance, giving the operator additional jet capacity. Russian lessor GTLK says the aircraft was one of two it leased to the airline which, is says, were in a “dismantled state” at the end of last year. Yakutia ...
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NewsRoyal Jordanian expands network as fuel costs weigh on full-year results
Royal Jordanian Airlines is looking to expand its network, as it seeks to reverse full-year net losses of more than JD79 million ($111 million). The Middle Eastern carrier attributes the performance – worse than the previous year’s JD74.3 million – to higher fuel prices, which accounted for a near-JD98 million ...
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NewsHong Kong outbound traffic storms back after restrictions ease
Passenger numbers at Hong Kong International Airport (HKIA) soared in January, as the abandonment of travel restrictions boosted travel demand.
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NewsKorean Air-Asiana competition investigation focuses on four Seoul-EU routes
Korean Air’s proposed merger with Asiana is to be scrutinised by European Union regulators concerned that the tie-up will reduce or eliminate competition on Korean-European routes. The European Commission is opening an in-depth investigation which will focus on four particular connections from Seoul. Korean Air and Asiana both operate to ...
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NewsEmbraer’s deliveries surged in final months of 2022
Brazilian airframer Embraer closed 2022 on a high, with its deliveries surging to 80 aircraft in the fourth quarter, pushing its full-year deliveries to 159.
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NewsCFM firm on 1,700 Leap delivery target in 2023: Safran chief
Safran is confident that 1,700 CFM International Leap-series engines can be delivered in 2023 – a 600-unit increase on 2022 – despite ongoing supply chain disruption.