All air transport news – Page 58
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NewsLeisure carrier Jet2 initiates share buyback as strong financial performance continues
UK leisure carrier Jet2 is embarking on a £250 million ($335 million) share buyback, which will be conducted in two stages of up to £125 million each. Jet2 will be able to purchase a maximum of just under 21.47 million shares, 10% of its issued stock. It states that the ...
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NewsCondor secures re-approval for restructuring aid package
German leisure carrier Condor has secured re-approval for a €321 million ($367 million) restructuring package, a year after the European Union’s General Court annulled the previous clearance. The annulment in May 2024 resulted from a case brought by budget operator Ryanair. In its judgement the court stated that the European ...
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NewsEtihad bringing ‘widebody’ interior, including first-class suites, to A321LR fleet
Etihad Airways is introducing first-class suites as part of an enhanced interior on its long-range Airbus A321LR twinjets, set to enter the fleet later this year. The initial aircraft – one of 10 to arrive this year – will enter service on 1 August. It will be configured with two ...
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NewsFinnair furloughs pilots as labour dispute prompts cuts to Qantas wet-lease
Finnair is to furlough nearly 40 long-haul pilots for at least eight months in relation to the continuing dispute over its wet-lease operation for Oneworld partner Qantas. Qantas wet-leases two Airbus A330s for services on the Sydney-Bangkok and Sydney-Singapore routes. Finnair says the arrangement has enabled it to find use ...
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NewsUK union aims to pressure government over Spirit Belfast break-up
Representatives of Spirit AeroSystems workers in the UK are seeking political support over concerns for the future of the company’s Short Brothers plant in Belfast as it faces break-up. Airbus has reached an agreement to acquire wing production for the A220 and – if a third party is not identified ...
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NewsRoyal Jordanian claims progress as it turns in full-year operating profit
Royal Jordanian is claiming progress in its effort to restore financial stability, after turning in a full-year operating profit of JD11.8 million ($16.6 million) and reducing net losses. Its net loss fell from JD8.7 million to JD3.5 million. The carrier suffered from the impact of the Gaza conflict, and its ...
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NewsAirbus agrees to take over Spirit A350 and A220 work for reduced compensation
Airbus has reached a definitive agreement to take over several work packages from US-based Spirit AeroSystems, including A350 fuselage and A220 wing production.
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NewsBoom picks Colorado site to test in-development Symphony engine
Boom says it expects to begin testing the Symphony engine’s core this year at the Colorado site.
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NewsAir Tanzania should review aircraft operation model after persistent losses: auditor
Auditors of Air Tanzania are recommending that the carrier collaborates with the government on a study to determine the most suitable aircraft operation model, after revealing continuing heavy losses at the company. This should include an assessment as to whether it should continue to use Airbus A220s, after its fleet ...
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NewsJet Freight Logistics to launch converted A330s in India through UAE’s Confity
Indian cargo specialist Jet Freight Logistics is to be the country’s first operator of converted Airbus A330s, under a modification deal with EFW. The aircraft will be converted through an agreement between EFW and United Arab Emirates investment entity Confity Capital Partners. EFW says Confity has entered a ”multi-aircraft” pact ...
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NewsSafran sees customer surcharges as key measure to mitigate tariff impact
Safran will “not be shy” in applying tariff-related surcharges to its airline and OEM customers as it seeks to insulate itself from the financial impacts of a looming trade war.
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NewsWizz Air leans heavily on sustainable fuel to stay on net-zero course
Central European budget carrier Wizz Air has placed sustainable aviation fuel at the centre of a decarbonisation strategy, as it expresses concern that efforts to achieve net-zero emissions are derailing. The airline says its net-zero roadmap “offers a realistic path”, by concentrating on sustainable fuel, aircraft technology, and air traffic ...
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NewsBoeing to halt X-66 development, narrow focus to thin wings for future jets
Boeing this summer will stop developing NASA’s X-66 truss-braced-wing demonstrator aircraft and shift its focus specifically toward developing thin-wing technology that had been central to X-66’s design.
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NewsTextron CEO expects minimal impact from tariffs
Textron is the latest US company with a large aerospace manufacturing operation to say the Trump administration’s new tariffs are unlikely to create significant financial trouble this year.
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NewsUnited places ‘conditional’ order for up to 200 of JetZero’s blended-wing airliners
United Airlines has become the latest major US carrier to throw support behind start-up JetZero’s development of a blended-wing-body airliner.
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NewsPath for UK plants unclear as Airbus and Boeing prepare to divide Spirit
As the future of Spirit AeroSystems’ UK operations nears clarification, Airbus has established a new entity in Belfast, while Boeing could ultimately become a supplier to Bombardier’s business jet production.
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NewsGeneral Dynamics’ revenue surges as Gulfstream moves more G700s
Gulfstream delivered 36 large-cabin jets in the first quarter of 2025, pushing up parent General Dynamics’ aerospace revenue 45% year on year.
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NewsCanada’s Cargojet hauls record Q1 revenue amid ‘decoupling’ of US and Canadian supply chains
Freight carrier Cargojet reports a surge of cargo entering Canada directly as other countries seek to avoid US tariffs, boosting its first-quarter revenue to record levels.
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NewsBoeing sheds more 787s and 737s from inventory, completes 787 rework project
Boeing has finished fuselage-related rework to a batch of undelivered 787s and continues making progress offloading its once-massive inventory of undelivered 737 Max and 787s.
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NewsFully-substituted SJ-100 prototype carries out maiden flight
United Aircraft has carried out the maiden flight of the fully-substituted Yakovlev SJ-100, whose equipment includes Aviadvigatel PD-8 powerplants. The aircraft is the third prototype to participate in the SJ-100 programme but the first to combine the domesticated airframe and the Russian-built engines. United Aircraft is aiming to complete SJ-100 ...