All air transport news – Page 361
-
InterviewSteven Udvar-Hazy on the pandemic, environment and airline market recovery
In an exclusive video interview with FlightGlobal, Air Lease executive chairman Steven Udvar-Hazy gives his insight on how the pandemic and environmental pressures are changing the airline industry, when the market might return to some kind of normality and the challenges and opportunities that lie ahead for Airbus and Boeing in future aircraft development.
-
NewsAirbus parks second Beluga as larger XL variant takes over
Airbus has parked a second A300-600ST Beluga transport following the introduction of the higher-capacity BelugaXL. The airframer withdrew one of its five -600STs – the Beluga 2 aircraft, F-GSTB – last October, placing it into temporary storage. Airbus tells FlightGlobal that it has similarly stored another aircraft, Beluga 1 (F-GSTA), ...
-
NewsSafran sees signs of hope, despite stalled traffic recovery in first quarter
French aerospace giant Safran saw glimmers of recovery in the first quarter but a stalled air traffic revival amid fresh lockdowns led to sales “weakness” during the period.
-
NewsGlimmers of optimism for US MRO sector, recovery pace unclear
The Covid-19 pandemic has jumbled the aircraft maintenance and repair industry, driving down prices for some aircraft components and leaving MRO shops reeling from depressed demand.
-
NewsCargo proves strong as Icelandair awaits passenger traffic recovery
Icelandair Group has highlighted cargo activity as a strong performance area in the first quarter, a period in which the company generated a net loss of just over $30 million. Revenues for the first three months of the year reached $57.3 million, a decline of 73%, but the company points ...
-
NewsTransat secures C$700m in government aid
Transat, the parent company of Canadian leisure carrier Air Transat, has reached a deal to borrow up to C$700 million ($569 million) from the Canadian government.
-
NewsEmbraer delays E175-E2 service entry one year
Embraer has delayed the E175-E2’s service entry by one year, until 2024, saying it is continuing certification work on the regional jet, but on a revised timeline.
-
NewsEmbraer narrows Q1 loss, takes order for 30 E-Jets
Brazilian airframer Embraer says it is confident of the company’s post-coronavirus future after posting higher sales and a smaller loss for the first quarter of the year.
-
NewsAirbus signals intention to address ‘weak’ presence in freighter market
Airbus has signalled that it intends to reinforce its participation in the freight sector, after admitting that it has a relatively poor presence in the market. The airframer only has a single dedicated freighter, the A330-200F, in its aircraft range, having previously ceased production of the older A300-600F and opting ...
-
NewsAirbus yet to decide on future of Cadiz aerostructures site
Airbus is yet to clarify the future of its Spanish plant at Puerto Real in the Cadiz region, following the decision on re-organisation of its aerostructures business in France and Germany. The Puerto Real facility depends heavily on twin-aisle production, manufacturing horizontal stabiliser boxes for the Airbus A350 and A330 ...
-
NewsFaradair names former Boeing figure Tinseth to lead hybrid-aircraft advisory board
UK electric aircraft start-up Faradair has recruited former Boeing commercial aircraft vice-president of marketing Randy Tinseth to head its advisory board. It has also signed up former EasyJet executive Tony Anderson to the panel. Faradair says it has made the appointments to “help steer the company through its next phase ...
-
NewsAirbus commercial aircraft earnings improve over first quarter
Airbus’s commercial aircraft earnings improved over the first quarter, despite a 4% fall in revenues for the division. The airframer turned in EBIT earnings of €343 million ($416 million) for the three months to 31 March, on revenues of €7.27 billion. Its adjusted EBIT reached €533 million, compared with the ...
-
NewsSpirit AeroSystems acquires MRO provider Applied Aerodynamics
Aerostructures manufacturer Spirit AeroSystems has acquired US composites MRO provider Applied Aerodynamics.
-
NewsNew aircraft efficiency will rely less on propulsion, more on engineering: Boeing CEO
Boeing chief executive David Calhoun believes that the next generation of aircraft will distinguish themselves by the way they are engineered and constructed, rather than through increasingly efficient engines alone.
-
NewsBoeing aims to evenly split narrowbody aircraft market share
Boeing aspires to split the narrowbody aircraft market evenly with Airbus after losing ground to the European airframer as a result of the nearly two-year grounding of its 737 Max.
-
NewsBoeing delivers nine 787s after five-month pause
Boeing has delivered nine of its widebody 787 Dreamliners following a five-month break due to quality issues.
-
NewsBoeing pauses deliveries of 737 Max while awaiting electrical fix
Boeing has paused deliveries of its 737 Max narrowbody as it works on a fix for the electrical issues that forced airlines to temporarily pull some of their aircraft from service.
-
NewsBoeing calls on US government to normalise trade relationship with China
Boeing is calling on the administration of president Joe Biden to reinstate trade relations with China, saying aircraft orders from that country will be key to the airframer’s long-term health.
-
News737 Max operators to check for transducer corrosion after storage
Operators of Boeing 737 Max jets are being instructed to check a subcomponent of the engine control system for potential corrosion, which could result in reduced thrust control. The 737 Max family is exclusively powered by CFM International Leap-1B engines. As a result of the near two-year grounding of the ...
-
NewsAvianca Holdings chief Van der Werff selected to lead SAS
Latin American airline operator Avianca Holdings’ head, Anko Van der Werff, is to take up the position of chief executive of Scandinavian flag-carrier SAS by mid-July. Van der Werff will succeed Rickard Gustafson, who will relinquish his position in May and hand control in the interim to chief commercial officer ...