All air transport news – Page 52
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NewsTen A350-900s among orders for over 100 Airbus jets in October
Airbus has revealed that 10 A350-900s were among nearly 120 aircraft ordered from the airframer in October. But the identity of the customer behind the agreement – the only widebody order recorded during the month – has not been disclosed. The deal takes overall A350 orders to 1,056 aircraft of ...
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NewsMadagascar Airlines suspends long-haul flights as financial situation becomes ‘critical’
Madagascar Airlines has declared that its financial situation is “critical” and it intends to implement urgent measures including withdrawing long-haul services and focusing on its domestic network. The carrier emerged in April last year, in the post-pandemic period, but accumulated losses of $25 million over the course of nine months ...
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NewsArcher and Beta call for standardised electric air taxi charging systems
A pair of leading air taxi developers on opposite coasts of the USA – California’s Archer Aviation and Vermont’s Beta Technologies – are working together to “spur the widespread roll-out” of shared charging infrastructure for electric aircraft.
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NewsRussian regulator alerts operators after recent series of runway excursions
Russian investigators have disclosed that a serious Nordwind Boeing 737-800 runway excursion in August was one of four such incidents in the space of two months involving the country’s carriers. Federal air transport regulator Rosaviatsia’s newly-appointed chief, Dmitry Yadrov, has highlighted the importance of stabilised approach criteria, weather considerations – ...
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NewsIsrair cuts back fleet and rejigs operation in response to Gaza conflict
Israeli leisure carrier Israir has effectively halved its operational fleet as part of its response to the air transport disruption triggered by the Israel-Gaza conflict. The airline says it had been operating nine aircraft before the conflict began on 7 October, but has reduced this to “three or four”, states ...
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NewsJazeera cites yield pressure as third-quarter profits halve
Kuwaiti budget carrier Jazeera Airways’ net profit halved during the third quarter, to just under KD7 million ($22.7 million). The carrier’s revenues dipped slightly to KD61 million despite a 28% rise in passenger numbers to 1.38 million for the three months to 30 September. Jazeera expanded its fleet with the ...
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NewsMHI sees ‘negative impact’ from PW1100G issues as aero-engines profit takes hit
Mitsubishi Heavy Industries (MHI) has flagged the “negative impact” stemming from technical issues facing the Pratt & Whitney PW1100G powerplant, with its aero-engines division seeing a dip in profit.
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NewsEmbraer turns profitable in third quarter and sticks to 2023 aircraft-delivery goal
Embraer swung to profitability in the third quarter of 2023 and still expects to meet its full-year delivery and financial expectations despite a still-struggling supply chain.
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NewsEmbraer CEO sees US pilot shortage as ‘improving’
Embraer’s chief executive sees his company’s recent success selling regional jets to US carriers as signifying that a shortage of pilots is easing.
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NewsEve names trio of systems suppliers for in-development air taxi
Air taxi developer Eve Air Mobility has identified a trio of systems suppliers for its proposed five-person electric vertical take-off and landing aircraft.
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NewsChina Eastern orders 25 GEnx turbofans for 787s and Xiamen picks Leap-1A for A320neos
GE Aerospace and its affiliate CFM International have landed new orders from Chinese carriers for both GEnx-1B and Leap-1B turbofans.
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NewsCAA approves Virgin plans for transatlantic 100% SAF flight on 28 November
Virgin Atlantic has been granted approval by the UK Civil Aviation Authority (CAA) to perform a landmark transatlantic service using a Boeing 787-9 running on 100% sustainable aviation fuel (SAF).
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NewsUkraine’s Supernova plans all-cargo transatlantic services to US destinations
Ukrainian carrier Supernova Airlines is seeking to open widebody freighter services to US destinations, initially New York. The airline is affiliated with the e-commerce and logistics companies Nova Post and Nova Global, and has a pair of Antonov An-26s leased from United Arab Emirates-based Expedition Aviation. Nova Global says it ...
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NewsComac confirms ‘C929’ moniker as widebody enters ‘detailed design’ stage
Comac’s in-development C929 widebody programme appears to be progressing, despite the Chinese airframer having quietly dropped its Russian joint-venture partner.
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NewsRyanair cautions over 737 Max deliveries as it sets out full-year profit forecast
Ryanair is expecting full-year net profit of up to €2.05 billion ($2.2 billion) despite higher fuel costs and uncertainties over Boeing 737 Max deliveries. The airline cautions that up to 10 of the 57 737s due for delivery before summer 2024 could be delayed until the winter season. “We are ...
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NewsRoyal Jordanian confirms profitable third quarter while bracing for conflict impact
Royal Jordanian has disclosed that it achieved a JD27.5 million ($38.8 million) net profit for the third quarter, taking the profit at the nine-month mark to JD10.8 million. This performance contrasts with the corresponding net losses of JD861,000 and JD71.6 million during the previous year. Over the quarter the company ...
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NewsSAS to replace debtor-in-possession finance pact as it enters investment agreement
Scandinavian operator SAS has entered a formal investment agreement with a Castlelake and Air France-KLM consortium, and will replace its debtor-in-possession financing from Apollo with a new arrangement with Castlelake. SAS is under US Chapter 11 bankruptcy protection and restructuring through implementation of its ‘SAS Forward’ programme. As part of ...
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NewsMiddle East air transport recovery faster than expected: Boeing regional sales chief
Middle Eastern air transport activity has recovered more sharply than expected post-pandemic, Boeing’s sales chief for the region believes, with Saudi Arabia becoming a particular focal point. Boeing’s latest commercial market outlook shows demand for 3,025 aircraft in the Middle East over the next 20 years. This figure includes 1,350 ...
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NewsNorse Atlantic expands share offering after strong investor demand
Norse Atlantic Airways is looking to issue another 9.1 million shares to investors, following the successful completion of a private share placement which raised gross proceeds of NKr613 million ($55 million) – higher than the NKr501 million originally sought. The private placement – aimed at shoring up liquidity for the ...
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NewsReliable Robotics embracing radar as integral part of autonomous flight system
Viewing radar technology as critical for developing its remote-autonomous flight system, California start-up Reliable Robotics has chosen industry expert Marc Pos to lead its radar design.