All air transport news – Page 230
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NewsBluebird Nordic to treble 737 capacity with ambitious freighter fleet expansion
Icelandic freight operator Bluebird Nordic is to treble its capacity under an expansion plan which involves taking 25 Boeing 737-800s over the next three years. The airline operates older-variant 737 freighters – comprising seven 737-400s and a single -300 – but will take its fleet to around 33 jets by ...
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NewsAeroflot slashes interim losses as domestic recovery lifts performance
Aeroflot Group managed to cut net losses by 38% over the first half, to Rb26.3 billion ($361 million) under Russian accounting standards. The company’s second quarter showed a “significant improvement”, it states, with a net loss of Rb1.4 billion in contrast to the figure of over Rb26 billion for the ...
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NewsUS export bank backs Turkish Airlines’ $833m purchase of Boeing jets
The USA’s export-credit agency has agreed to guarantee $833 million in financing for the acquisition by Turkish Airlines of an undisclosed number of Boeing 737 Max and 787s.
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NewsParker Hannifin to acquire Meggitt as aerospace merger activity resumes
Aerospace mergers are back, with US manufacturer Parker Hannifin revealing plans to nearly double the size of its aerospace systems business by acquiring UK-based aerospace company Meggitt for £6.3 billion ($8.8 billion) in cash.
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NewsEl Al in talks with ministry to push back share issue
Israeli flag-carrier El Al is seeing to defer plans to raise additional capital through a share issue. The airline has been preparing to issue new shares or options to generate $105 million as part of a support scheme El Al’s share scheme was one of the conditions attached to a ...
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NewsLong-haul start-up Norse Atlantic signs for more 787s
Scandinavian start-up Norse Atlantic is to lease six more Boeing 787-9s from the end of this year, which will take its fleet of 787s to 15. The aircraft will be introduced from December under a lease agreement with BOC Aviation. Norse Atlantic says the leases on the twinjets, around 16 ...
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NewsBombardier reaches deal with union three days into Downsview strike
Three days after a strike began, Bombardier has reached an employment deal with the union representing employees at its Global business jet manufacturing site in the Downsview section of Toronto.
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In depthGE Aviation ‘buttoning up’ Catalyst flight approvals, eyes applications besides Beechcraft’s Denali
GE Aviation is awaiting European certifications needed to begin flight testing its Catalyst turboprop, and aims to achieve first flight – which was to have occurred last year – in the coming months.
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NewsRussian far east unified carrier to commence operations in mid-August
Russia’s new unified carrier to serve the eastern side of the country, which is being based on the operator Aurora, has started conducting test flights ahead of opening a full initial schedule on 20 routes in mid-August. Prime minister Mikhail Mishustin stated during a 30 July government meeting that a ...
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NewsIAG retaining former Aer Lingus A350 order to gain flexibility
IAG has disclosed that it is holding on to the Airbus A350s previously ordered by Aer Lingus, but has yet to determine where best to deploy them. Aer Lingus ordered nine A350-900s but subsequently shifted four of them to sister IAG operator Iberia. Its remaining five A350s had remained listed ...
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NewsIAG sees prospects to rebuild Level’s ravaged network
IAG is confident that it can rebuild its long-haul low-cost operation Level from Barcelona once the air transport crisis subsides. Level’s operations have been badly affected and “very limited”, says IAG, reduced only to Buenos Aires services in the first quarter, although it re-introduced flights to San Francisco in the ...
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NewsSpanish carriers lead IAG recovery as restrictions impede BA and Aer Lingus
Spanish airlines Iberia and Vueling generated the greatest reductions in operating loss over IAG’s first half, which the group attributes to fewer travel restrictions and stronger demand in the Latin American and Spanish markets. Iberia cut its first-half operating loss by 62% to €330 million ($392 million) with Vueling managing ...
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NewsPresidential Rombac One-Eleven donated to Romanian aviation museum
Romania’s national aviation museum has formally received a licence-built Rombac One-Eleven, formerly in the presidential fleet of dictator Nicolae Ceausescu, donated following a 27 May auction. Rombac locally licence-built the UK’s BAC One-Eleven. The auctioned aircraft (YR-BRE) was manufactured in 1986 and served as the presidential transport from 1986 to ...
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NewsProfit jumps in second quarter at Textron Aviation as aircraft demand rebounds
Textron Aviation’s profits jumped in the second quarter to $96 million as the company’s aircraft deliveries neared pre-pandemic levels.
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NewsUK aviation regulators and accident investigators extend remit to spaceflight
UK civil aviation regulators and accident investigators are to extend their authority to the spaceflight sector under a new broadening of their remit. Under the new regime the Civil Aviation Authority has initiated a system allowing commercial spaceflight companies – with a variety of launch vehicles – to apply for ...
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NewsAirbus chief hints at frustration over supplier concerns with A320 ramp-up
Airbus chief executive Guillaume Faury has revealed signs of irritation over apparent supplier concerns with single-aisle ramp-up targets, stressing that the airframer has been transparent over its production-rate plans. The airframer brought monthly A320-family production down to just 40 aircraft last year but is intending to take this output to ...
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NewsCondor ordering seven A330neos and plans to lease nine more
German leisure carrier Condor’s long-haul fleet replacement will include orders for seven Airbus A330-900s directly from the manufacturer. But it will lease the other nine to provide the overall total of 16 aircraft. Condor has not specified the source of the leased jets. Airbus chief executive Guillaume Faury confirmed during ...
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NewsAirbus to base new A350 freighter ‘predominantly’ on -1000 variant
Airbus indicates that its proposed A350 freighter derivative will be a light hybrid of its current variants but primarily based on the -1000. It is aiming for a 2025 entry into service for the twinjet, after the company secured board approval for its development, but the airframer is yet to ...
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NewsAirbus board approves A350 freighter development
Airbus has secured board approval to develop a freighter version of the A350, as the airframer prepares for a commercial aircraft production ramp-up in the second half. Chief executive Guillaume Faury says the company is “enhancing our product line” with the A350 freighter derivative following the approval. “[We are] responding ...
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NewsAs profits jump, Gulfstream prepares to hike deliveries, tackle G700 certification difficulties
After earning a $195 million profit in the second quarter, General Dynamics’ aerospace division – which is anchored by business jet maker Gulfstream – is preparing to boost deliveries in the second half in response to improving demand.