All air transport news – Page 345
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News
Airbus assessing production impact as outbreak pressure intensifies
Airbus is evaluating potential impact of the coronavirus outbreak on production, particularly for twin-aisle aircraft, and acknowledges that it might have to store aircraft as tightening restrictions obstruct deliveries. But the airframer is emphasising that it retains a strong backlog, especially in the single-aisle sector, which will help to reduce ...
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News
Icelandair Group shifts nearly all staff to temporary working
Icelandair Group has disclosed that it is operating only 14% of its flight schedule and expects this to reduce further, and that it is taking steps to move 92% of employees to temporary part-time working. But it is also cutting 240 personnel across its divisions. The group employs just over ...
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News
Airbus beefs up finances to weather coronavirus
Airbus has announced measures to support its financial position in light of the economic challenges presented by coronavirus. The measures comprise a new €15 billion ($16.1 billion) credit facility, withdrawal of its 2019 dividend proposal, and suspension of top-up pension funding, says Airbus in a 23 March statement. The withdrawal ...
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News
Coronavirus prompts overnight closures of New York air traffic control sites
The coronavirus pandemic continues disrupting US air traffic control, with the Federal Aviation Administration temporarily shutting the New York Air Route Traffic Control Center and New York LaGuardia airport’s control tower, citing infections.
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News
A330-800 test aircraft deployed to transport coronavirus supplies
Airbus has been deploying an A330-800 test aircraft to assist with coronavirus protection measures, using it to transport some 2 million masks from Tianjin in China to Europe, where they will be distributed to French and Spanish authorities. The airframer disclosed the measure as it prepares to restart – at ...
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News
Largest A380 operator Emirates suspends most passenger services
Middle Eastern carrier Emirates is suspending most of its passenger operations from 25 March, but intends to continue freight services. Emirates has the world’s largest Airbus A380 and Boeing 777 fleets, and has been trying to maintain passenger flights for as long as it could, in order to ease passengers’ ...
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News
A321 uncontained failure spurs urgent V2500 disk measures
Operators of Airbus A320-family jets are being ordered to remove disks from certain International Aero Engines V2500 powerplants after an uncontained failure resulted in an aborted A321 take-off. The incident occurred on 18 March, says the US FAA, and involved a high-pressure turbine first-stage disk failure. While the regulator has ...
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News
An-124 disk inspection ordered after uncontained failure
Ukrainian authorities have ordered Antonov An-124 operators to inspect engines on the type after an uncontained powerplant failure. An-124s are fitted with Ivchenko-Progress D-18T engines, as is the sole example of the An-225. The Ukrainian state aviation administration says an investigation into the “serious incident”, which occurred to an An-124, ...
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Airline Business
Week of 16 March in review: North American carriers reel from coronavirus fallout
The aviation and aerospace industry in North America experienced the most dramatic week since the days and weeks following the terrorist attacks of 11 September 2001.
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News
Trump suggests airline aid package could restrict stock buybacks
President Donald Trump supports imposing stock buyback restrictions on companies that receive financial aid as part of the federal government’s coronavirus recovery package.
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News
Longview halts production of Q400s and Twin Otters
Longview Aviation Capital’s subsidiaries will suspend production of De Havilland Aircraft of Canada’s Dash 8-400 turboprop and Viking Air’s DHC-6-400 Twin Otter turboprop in response to the coronavirus crisis.
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News
FAA staff at JFK and Indianapolis test positive for coronavirus, prompting contingency operations
Federal Aviation Administration employees who work at an Indianapolis air traffic control center and the tower at John F Kennedy airport in New York have tested positive for coronavirus.
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Opinion
Boeing is too big to fail, but any rescue will be conditional
Eleven years after the end of the 2007-2009 Great Recession, the USA is again having “too big to fail” discussions, with the airframer at their centre.
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News
Governments could offer certainty by taking Airbus deliveries: research note
Governments should buy up to 600 aircraft from Airbus over the next three years, as a measure to sustain the airline and aerospace industries, according to a research note from US financial services firm Jefferies Group. Airbus deliveries might fall to some 600 aircraft per year – compared with 863 ...
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News
SAS in line to benefit as Sweden approves credit guarantees
Sweden’s national legislature has rapidly approved a proposal to issue credit guarantees of up to SKr5 billion ($488 million) to airlines, of which SKr1.5 billion will be allocated to SAS. Under the agreement the state will guarantee commercial loans to airlines affected by the coronavirus crisis. “The matter was decided ...
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News
Finnish government agrees to guarantee €600m loan to Finnair
Finland’s government has provisionally agreed to provide a state guarantee of up to €600 million to assist flag-carrier Finnair, although the measure still needs parliamentary consent. Its economic policy committee met to consider the guarantee on 19 March. Finnair is state-controlled, with nearly 56% of the carrier owned by the ...
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News
Nikki Haley leaves Boeing’s board in protest of coronavirus aid package
Former governor of South Carolina Nikki Haley resigned from her position on Boeing’s board of directors in protest of a coronavirus aid package
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News
Senate bill would make $150b available to struggling sectors, including aerospace manufacturing
The US Senate’s proposed financial aid package to businesses affected by the coronavirus would make $150 billion in loans available to “distressed” US companies, including those in the aerospace manufacturing sector.
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News
Senate aims to provide $58b in aid to airlines
The US government has offered its airline industry a package worth $58 billion to assist in supporting the sector as it manages through the coronavirus pandemic that has forced many to reduce schedules, ground aircraft and furlough staff.
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News
CargoJet redeploys capacity to support Canada's remote northern communities
Canadian cargo carrier CargoJet is redeploying some of its international capacity to domestic overnight routes, in order to bolster the supply chain to the country’s far north, largely indigenous communities which are only accessible by air.