All air transport news – Page 248
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News
Rolls-Royce engine flying hours reach 40% of pre-crisis level
UK engine maker Rolls-Royce has reassured shareholders that its operational and financial performance so far this year is in line with expectations, and highlighted “encouraging” interest in the planned divestiture of Spanish subsidiary ITP Aero.
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News
Airbus procurement chief assigned to lead A220 towards profitability
Airbus systems procurement chief Benoit Schultz is to take over as head of the A220 operation, as chief executive of Airbus Canada, succeeding Philippe Balducchi who has led the division for nearly three years. Balducchi has “decided to pursue other opportunities” outside of Airbus, says the airframer, having spent two ...
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News
Alaska orders additional E175s, plans to acquire 13 more 737 Max
Alaska Air Group has ordered nine Embraer 175s, while partner SkyWest Airlines has ordered another eight E175s to operate for Alaska.
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News
ATR ready to start STOL version’s production under new schedule
Turboprop manufacturer ATR has completed the design phase and is preparing to begin production of the short take-off and landing (STOL) version of the ATR 42-600 under a revised schedule.
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Fractional-jet operator Airshare orders three Challenger 350s, takes 17 options
US fractional jet ownership company Airshare has ordered three Bombardier Challenger 350 business jets and taken options to purchase another 17, with the first three deliveries scheduled for 2021.
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News
Next-gen fuel for regional operators ‘will take time’: ATR
Turboprop manufacturer ATR has highlighted the difficulty of establishing a supply infrastructure for next-generation aviation fuels in remote areas that are served by regional aircraft.
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Airline Business
Why passenger-to-freighter conversion market is booming
Continued high cargo demand and buoyant rates, caused by absence of belly-hold capacity, are obvious drivers of freighter modification market, but other forces are also at play.
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News
Inquiry into fatal Aeroflot Superjet fire examines earlier Yakutia gear collapse
Russian investigators probing the fatal Aeroflot Sukhoi Superjet 100 landing accident at Moscow two years ago have analysed a Yakutia Superjet overrun and gear collapse as part of an assessment of the type’s structures and components. After returning to Sheremetyevo airport on 5 May 2019 the Aeroflot aircraft landed hard, ...
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News
Confident Airbus restarts work on new Toulouse A321neo production line
Airbus has given a further sign of its confidence in single-aisle recovery, by resuming work on an additional assembly line for A321neo twinjets. The airframer had unveiled plans for the modernised Toulouse line in January 2020, just weeks before the pandemic crisis forced it to slash production rates and shelve ...
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News
Honeywell’s $13m penalty shows it’s tricky doing business with China and Pentagon
Honeywell reached a $13 million settlement with the US Department of State over alleged violations of the Arms Export Control Act and the International Traffic in Arms Regulations (better known as ITAR).
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News
Boeing’s orders inch higher in April on fewer cancellations
Boeing’s aircraft orders outnumbered cancellations again in April, marking the third consecutive month of order expansion for the Chicago airframer.
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News
Green Africa unveils initial batch of Nigerian domestic destinations
Nigerian start-up carrier Green Africa Airways has unveiled an initial route network on which to commence operations. The network focuses on its Lagos base and comprises six domestic destinations, including the capital Abuja and Port Harcourt. Green Africa also says it will operate to Akure, Ilorin, Enugu and Owerri, cities ...
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News
Croatia Airlines trims losses but first-quarter bookings remain weak
Croatia Airlines has managed to reduce first-quarter operating losses to Kn86.2 million ($13.9 million) compared with the previous figure of Kn95.7 million. Its revenues for the period more than halved to Kn113.6 million. The company says the beginning of the year has been “weaker than expected”, with travel reservations still ...
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News
Luxair expecting gradual summer recovery after heavy full-year losses
Luxair is expecting a gradual resumption of activities for the summer season, but has revealed the effect of the crisis on its financial performance with a full-year operating loss of nearly €160 million ($194 million). The company recorded a 57% fall in revenues to €263 million. Operating losses for the ...
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News
Jazeera and Air Arabia experience contrasting first-quarter fortunes
Kuwaiti budget carrier Jazeera Airways has turned in a first-quarter loss while Sharjah low-cost operator Air Arabia managed to achieve a net profit in the same period. Jazeera Airways is proposing a rights issue of KD10 million ($33 million) to improve its liquidity position, after posting a net loss of ...
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News
EASA draws up criteria for single-pane observation window modification
European authorities have put forward safety proposals after receiving an application for a large aircraft modification which involves installing two observation windows in the upper aft fuselage. The windows need to be “optical quality”, says the European Union Aviation Safety Agency, which means they will comprise only a single glass ...
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News
Arlington Capital buys Triumph’s aerostructures sites, names business ‘Qarbon’
Triumph Group has completed the divestment of three aerostructures manufacturing sites to private equity company Arlington Capital Partners, which has renamed the businesses Qarbon Aerospace. The deal closed on 10 May, around nine months after it was disclosed by Pennsylvania firm Triumph and Maryland-based Arlington Capital. The companies have not ...
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News
Rolls-Royce UltraFan receives first intermediate compressor case
Rolls-Royce has taken delivery of the first UltraFan engine demonstrator’s intermediate compressor case. The structure has been produced by GKN Aerospace at its Swedish facility. UltraFan is a high-bypass engine being developed by Rolls-Royce for large civil aircraft applications from the middle of this decade, and is intended to improve ...
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News
El Al financing agreement with Israeli state clears final hurdle
Israeli flag-carrier El Al’s financing agreement with the state has entered into effect, after the final condition – a government approval on the main points of the deal – was met. Several conditions had been outlined when the agreement was detailed in March, among them approval from the boards of ...
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News
MHI aerospace business narrows full-year losses
Mitsubishi Heavy Industries’ aircraft, defence and space unit narrowed its full-year losses, though the group’s SpaceJet regional aircraft programme will remain frozen in the near term.