All air transport news – Page 290
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News
UK fraud investigators probe Bombardier over Garuda Indonesia deals
UK fraud investigators are probing aircraft manufacturer Bombardier over contracts relating to Asian carrier Garuda Indonesia. The Serious Fraud Office states that it is investigating the manufacturer over “suspected bribery and corruption” in connection with orders or agreements with Garuda. It has not elaborated on the probe, pointing out that ...
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Bombardier plans restructuring as it transitions to aviation-only company
Bombardier has broadly laid out a plan to return to profitability in the coming years as a standalone aviation company that will deliver 100 to 120 business jets annually.
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Wizz maintains focus on A321neo as fleet expansion slows
Wizz Air’s latest fleet plan projects a slower overall increase in the number of aircraft, compared with the beginning of this year, but with a focus on expanding the A321neo rather than the A320neo fleet. At the beginning of 2020, before the onset of the air transport crisis, the carrier ...
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Wizz Air confident of surviving worst-case winter
Budget carrier Wizz Air is confident that it would be able to survive a severe deterioration in the air transport crisis, having considered scenarios in which the entire fleet had to be grounded for the second half of the year. Wizz Air turned in a net loss of €243 million ...
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Aero engine makers shrink to survive, putting development projects in doubt
Just how significantly the coronavirus pandemic has hammered aircraft engine makers came starkly into view in recent weeks, when several top manufacturers disclosed third-quarter results. Whether this will affect future disruptive initiatives remains to be seen
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Turkish A350s quietly begin operations as crisis saps profits
Turkish Airlines has been operating its newly-delivered initial pair of Airbus A350-900s on domestic routes, but has yet to confirm a schedule for the remaining aircraft. The airline had 25 A350s on order but, while it had been intending to take five this year, the carrier has not detailed the ...
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Landing 747 crew unaware of short runway before striking construction vehicles
Nigerian investigators have disclosed that the crew of a Boeing 747-200 freighter did not receive critical information about reduced available landing distance at Abuja before the aircraft landed, veered off the runway and collided with construction equipment. The Armenian-registered Veteran Avia aircraft (EK-74798) had been operating a wet-lease cargo service ...
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UK suppliers sweat on government help as French rescue fund makes first investment
UK aerospace suppliers are anxiously waiting to see if their government will roll out targeted support for the sector in its forthcoming spending review, a situation in sharp contrast to France where a public-private bailout fund has already made its first investment.
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UAE’s Flydubai to open Israeli services in November
United Arab Emirates operator Flydubai is to open services to Tel Aviv this month, following the normalisation pact signed between the Gulf state and Israel. Flydubai says it will carry out a twice-daily service between Dubai and Tel Aviv from 26 November. The carrier uses a fleet of Boeing 737-800s ...
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Jazeera liquidity ‘sound’ as losses persist in third quarter
Kuwaiti carrier Jazeera Airways is confident that it remains a going concern, with sufficient resources, after turning in a KD5.6 million ($18.3 million) third-quarter net loss. The performance brings overall net losses, for the nine months to 30 September, to KD15.5 million. Jazeera Airways says there is a “risk of ...
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Spirit AeroSystems aims for 10-monthly 737 rate in early 2021
Spirit AeroSystems intends to produce 737 fuselages at a rate of 10 monthly starting in January 2021 – a rate that would allow the company to burn down its inventory of finished fuselages.
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Spirit AeroSystems reports $156m Q3 loss
Wichita-based aerostructures manufacturer Spirit AeroSystems lost $156 million in the third quarter of 2020 amid tumbling revenue resulting from the dual pressures of the pandemic and Boeing 737 Max grounding.
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Wet-lease operator Hi Fly to axe A380 in favour of A330s
Portuguese operator Hi Fly is ending its Airbus A380 services, just two-and-a-half years after taking on the type to explore its potential for the wet-lease market. Hi Fly acquired a former A380, MSN6, in mid-2018. The aircraft, powered by Rolls-Royce Trent 900 engines and configured with 471 seats, had been ...
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Poorly-maintained Air Namibia scissor-lift collapsed while overloaded
Investigators in Namibia have concluded that poor maintenance of a scissor-lift passenger assistance vehicle, and possibly its overloading, resulted in its collapsing during disembarkation of an Air Namibia aircraft at Windhoek. The vehicle was offloading people from flight SW708, which had arrived from Cape Town on 13 December last year. ...
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Trump or Biden: How might aerospace fare?
How might a Joe Biden presidency impact the aerospace sector differently than another four years with President Donald Trump in the White House?
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CO2 emissions fail to fall in line with flight cuts, Dutch researchers find
Dutch researchers believe that an increase in long-distance cargo flights, combined with steeper reductions in short-haul passenger services than for long-haul operations, are responsible for carbon dioxide (CO2) emissions failing to fall in line with the overall drop in flights.
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Ryanair looks beyond hard winter towards 737 Max arrival
Ryanair envisions taking delivery of 30 Boeing 737 Max jets before the peak of summer 2021, but is expecting to face heavy losses over the upcoming winter season. It is not prepared to forecast full-year performance but states that it is expecting “higher losses” over the second half to 31 ...
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Indonesia plans to merge Garuda Indonesia with tourism companies
The Indonesian government has outlined plans to merge nine state-owned tourism companies, including flag carrier Garuda Indonesia, in a move to maximise operational efficiencies. The country’s state-owned enterprises ministry states that the nine entities will be merged under a single holding company. Source: Airbus Indonesia has outlined plans ...
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KLM urges pilots to sign crucial pact necessary to secure ‘survival’ loan
KLM has urged pilot and cabin crew representatives to join other unions in committing to labour contributions, in order to secure a €3.4 billion ($4 billion) state-backed loan. The Dutch carrier says the cockpit union VNV has not signed a commitment clause, while the FNV union – representing cabin and ...
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El Al chief Usishkin to step down in January
Israeli flag-carrier El Al’s chief executive, Gonen Usishkin, is to step down from his position in January next year, three months after a board shake-up by the airline’s new controlling shareholder. Usishkin was named as the airline’s head in early 2018. He oversaw the transformation of El Al’s fleet, as ...