All news – Page 1142
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News
Boeing intends to issue debt to fund Embraer purchase
Boeing intends to issue debt to fund the majority of its planned $4.2 billion acquisition of Embraer’s commercial division, a deal the companies hope will close by the end of the year.
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News
Onex seeking $2.4 billion to fund WestJet buyout
WestJet Airlines is seeking a $2.4 billion in debt to fund Onex’s leveraged buyout of the carrier after winning shareholder approval to go ahead with the transaction on 23 July.
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News
WestJet returns to profit, nears Onex acquisition
WestJet returned to a second-quarter profit this year, while also moving one step closer to being acquired by private equity firm Onex by the end of 2019..
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News
RETROSPECTIVE: How the press missed the Comet’s maiden flight
It’s an extraordinary fact that the maiden flight 60 years ago this month of the pioneering de Havilland Comet was an event missed by the British aviation press, because they’d all headed back to their London offices.
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News
Boeing needs to 'get its [act] together': Ryanair chief
Ryanair chief executive Michael O’Leary has expressed concern about slips in the timeframe for the Boeing 737 Max’s expected return to service.
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News
Scoot to take 16 new A321neos
Singapore Airlines’ budget unit Scoot is to take delivery of 16 new Airbus A321neos in the last quarter of 2020.
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News
Start-up Air Antwerp receives Fokker 50
Start-up carrier Air Antwerp has received its first aircraft, a Fokker 50, painted in the operator’s colour scheme.
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News
Aer Lingus takes first A321LR
Aer Lingus has received its first Airbus A321LR, one of eight of the long-range twinjet type being delivered to the IAG-owned operator.
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News
Regulators lift Airvan 8 grounding
Regulators have lifted a temporary grounding of the Mahindra Aerospace Airvan 8, after new information into the fatal crash of an aircraft (SE-MES) in Sweden on 14 July found the type is not unsafe to operate.
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News
A220 embarks on six-stop Asian tour
The Airbus A220 test aircraft will be making its way to six points in Asia as part of a demonstration tour.
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News
Hainan Airlines warned for busting guarantees limit
The China Securities Regulatory Commission (CSRC) has issued Hainan Airlines a warning about the level of guarantees it provided to subsidiaries in 2018.
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News
SIAEC's first quarter profit up 74%
SIA Engineering (SIAEC) posted a dramatic increase in its operating profit in the first quarter of fiscal 2019, with a 74% jump to S$17.7 million ($12.9 million).
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News
Restated accounts show Garuda loss widened in 2018
Garuda Indonesia has restated its 2018 financial results, which now show that it made a full year operating loss of $139 million, instead of the $101 million operating profit disclosed in April.
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News
Alliance gains two year extension to BHP Iron Ore contract
Alliance Airlines will continue to provide fly in, fly out charter services from Perth to BHP’s Coondewanna and Barimunya mines for two more years.
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News
First AH-64E Apaches arrive in India
The Indian Air Force will receive its full complement of 22 Boeing AH-64E Apache attack helicopters by 2020, as its first four examples arrive at Hindan Air Force Station.
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News
Southwest outlines latest Max return-to-service plan
Southwest Airlines executives used much of the company’s second quarter earnings call to outline how the Boeing 737 Max grounding has affected its operations, finances and fleet plan.
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News
Cape Air team inspects two P2012 Travellers ahead of deliveries
Cape Air has edged closer to receiving its first Tecnam P2012 Travellers, with airline staff having recently inspected the first two of those aircraft at Tecnam’s headquarters in Capua, Italy.
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News
Genghis Khan Airlines launches operations
Chinese start-up carrier Genghis Khan Airlines has launched operations with the Comac ARJ21.
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Opinion
Aviation faces increasingly uncertain outlook
Glass-half-empty people generally do not run airlines; as the old saying goes, the industry has never made money. Like most old sayings, that one is not strictly true – but it is fair to note that “airlines” and “troubled” often go together.
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News
Ambitious EcoPulse project must overcome significant hurdles
An all-French bid to devise a technical path to hybrid-powered flight highlights one of the most daunting challenges facing engineers looking to enlist electric propulsion in the battle against noise and emissions: the high voltages required by such systems.