All news – Page 1048
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NewsFewer engine shipments and less aftermarket work hammer P&W and Collins 2020 results
Steep losses at Pratt & Whitney and slumping profits at Collins Aerospace pushed parent company Raytheon Technologies to a $3.5 billion loss in 2020.
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NewsAlaska posts $316mn Q4 loss, sees mixed bag for 2021
Alaska Air Group lost $316 million in the fourth quarter of 2020, and is preparing for a mixed bag in the current year as the coronavirus crisis drags on.
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NewsCityAirbus tests show path to certification: Airbus Helicopters chief
Airbus Helicopters believes it is in a position where it could begin the certification process for a new aircraft architecture following a series of flight tests with urban air mobility (UAM) demonstrators.
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NewsAirbus Helicopters chief continues to push next-generation European rotorcraft
Airbus Helicopters chief executive Bruno Even has reiterated the need for Europe to develop a next-generation military rotorcraft and continues to court Italian rival Leonardo as a potential partner for the project.
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NewsUK regional Eastern Airways eyes former Flybe French routes
Eastern Airways has outlined plans to begin flights from Southampton to Nantes and Rennes in France from the end of April.
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NewsSpirit team to fly LANCA loyal wingman demonstrator for UK
The UK Ministry of Defence has picked one bidder to advance its lightweight affordable novel combat aircraft (LANCA) concept to flight-test status by the end of 2023.
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NewsGE Aviation eyes recovery this year, as 2020 profits plunge by 82%
In 2020, GE Aviation’s engine sales sank 48% and its service revenue tumbled 36%, but the company expects the aerospace sector will begin recovering in the second half of this year.
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NewsUK’s FlyZero project steps into high gear
If all goes to plan, at this point in 2022 the UK’s FlyZero project will be entering its second year with a pair of low-emission aircraft concepts on the drawing board and a firm plan on how to bring them – or at least the technologies required – to reality
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NewsEl Al remains in limbo as Israeli government curbs air travel
Israeli flag-carrier El Al has prolonged the furlough of close to 5,000 personnel at least until the end of February, as the government imposes restrictions on air services. El Al says it has “decided to extend” the unpaid leave of employees until 28 February, putting the figure at 4,864 staff. ...
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NewsRolls-Royce more pessimistic over long-haul recovery in 2021
Rolls-Royce is assuming engine flying hours on twin-aisle long-haul aircraft will reach just 55% of pre-crisis levels during 2021, down from a previous base case of 70%. The outlook reflects the uncertainty over air traffic recovery for the widebody sector and the engine manufacturer expects, on this basis, free cash ...
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NewsCO2 emissions track falling air traffic in Europe but with ‘variation’
Flights across European airspace in 2020 saw a fall in CO2 emissions that was largely in line with declining flight numbers, according to data released by Eurocontrol.
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NewsUS Army touts new rotorcraft in ocean fight with China
China poses several awkward challenges for the US Army. First, the US Army is a land-based military service and China is an ocean away. Second, the wide-open spaces of the Pacific Ocean would seem to make it more difficult to hide in-bound helicopters and tiltrotors from radar.
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NewsGreece signs to receive used Rafales from mid-2021
Greece has signed a deal to acquire 18 Rafale fighters, including a dozen examples which will be drawn from the French air force’s current inventory and delivered from mid-2021.
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NewsNew Zealand expects borders to remain closed through 2021
New Zealand’s international borders will likely remain closed off for the rest of the year, amid uncertainty over the rollout of coronavirus vaccines.
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NewsTokyo sees advanced networks as key for air warfare in 2035
Tokyo has reiterated the critical importance of connectivity in its developmental Mitsubishi F-X future fighter programme.
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NewsIAI to provide two Heron Mk IIs to Central Asian country
Israel Aerospace Industries (IAI) has secured deals to provide two Heron Mk II unmanned air vehicles (UAVs) to an unnamed country in Central Asia.
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NewsANA to retire domestic large aircraft ‘ahead of schedule’
All Nippon Airways will retire large aircraft operating domestic flights “ahead of schedule” — and cut their utilisation by half — as it discloses that domestic operations will “make up the core” of its earnings in the coming financial year, which begins on 1 April.
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NewsCebu Pacific outlines $250m convertible preferred shares issue
Cebu Pacific has outlined the details of a $250 million stock rights offering, which it intends to use to finance its debt obligations.
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NewsUS extends entry ban for most European nations and Brazil
The US government has extended an entry ban preventing travellers from Europe’s Schengen Area, the United Kingdom, Ireland and Brazil from entering the country in a further attempt to slow the spread of the highly contagious coronavirus, and its even more virulent mutations.
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NewsDOT faces new pressure to halt implementation of American-JetBlue joint business
The US Department of Transportation (DOT) is receiving more pressure to reexamine an already-approved revenue-sharing partnership between American Airlines and JetBlue Airways.