All news – Page 1151
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NewsPentagon confident F-35 full-rate production decision won’t slip again
After suffering delays, including problems caused by the coronavirus, the US Department of Defense (DoD) believes the Lockheed Martin F-35 Lightning II will be ready for a full-rate production decision by March 2021.
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NewsAirlines walk tightrope on pilot furloughs
Airlines find themselves facing a critical dilemma as they resize their networks for a new post-coronavirus normal, and must walk a tightrope between furloughing pilots and keeping them on staff to maintain their network flexibility, experts say.
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NewsPentagon approves five US drone makers ahead of likely ban on China’s DJI
Ahead of a likely ban on the US federal government’s use of Chinese-made quadcopters, including the very popular DJI drones, the Department of Defense has approved the products of five US-based unmanned air vehicle makers for government use.
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NewsLufthansa ticket refund bill reaches €2.3 billion
Lufthansa Group has disclosed it paid more than €2.3 billion ($2.7 billion) in ticket refunds to almost 5.4 million customers so far this year.
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NewsFrance performs first ‘wet’ contact between A400M and H225M helicopter
France has carried out the first in-flight refuelling of an Airbus Helicopters H225M Caracal using its Airbus Defence & Space A400M
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OpinionBoeing’s challenge to address the reputational crisis around Max brand
Seattle’s marketing strategy is in the spotlight amid renewed speculation about its commitment to the name. But is a rebrand the right solution?
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NewsAerion lands ‘multi-million’ investment from state of Florida
Aerion Supersonic has received a “multi-million” dollar investment from Florida’s aerospace development agency for the purpose of supporting Aerion’s plan to relocate to Florida.
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NewsAirline Business podcast: uncertainties prevail after bleak Q2 results
Graham and Lewis discuss a bleak financial results season, as airlines count the costs of a ruinous April-June period while grappling with a bumpier-than-expected comeback in the current quarter.
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NewsBritish Airways’ union calls for strike action
British Airways staff represented by the Unite union have “overwhelmingly” called for strike action over the airline’s plans for job losses and changes to employment terms.
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NewsLufthansa pilot school under threat: union
German pilot union Vereinigung Cockpit sees Lufthansa’s in-house flight academy in Bremen under threat as the ministry of defence in Berlin evaluates a termination of its training contract with the school.
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NewsHandler Swissport to deleverage under financial restructuring scheme
Ground-handling firm Swissport is set to undergo an extensive restructuring, having obtained a commitment for €300 million ($354 million) in liquidity from creditors. The transaction would take its overall liquidity to €500 million by adding to the €200 million currently available to the company.. This interim funding would ultimately be ...
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NewsVietnamese airlines press PM for liquidity support
Vietnamese airlines have asked the government to set up a credit package of D25-27 trillion ($1.1-1.3 billion) to help see them through the coronavirus crisis. According the Civil Aviation Authority of Vietnam (CAAV), the Vietnam Association of Aviation Enterprises has made a direct appeal to the prime minister’s office. ...
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NewsLessor NAC swings to $639m loss in ‘extremely challenging’ year
Nordic Aviation Capital (NAC) could have delivered its strongest-ever results in fiscal year (FY) 2019/2020, based on first-half performance, had it not been for the Covid-19 pandemic. “The company was on track to deliver its 24th consecutive year of increased profitability; however, as Covid-19 began to surface in early 2020, ...
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NewsSeoul orders two KUH-1P Chamsuri police helicopters
The South Korean government has signed a W47.1 billion ($39.7 million) contract with Korea Aerospace Industries (KAI) for two additional KUH-1P Chamsuri helicopters for police work. The two rotorcraft are parapublic variants of the Surion military helicopter, and will be delivered by February 2023, says KAI. Source: KAI ...
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AnalysisCan sightseeing flights tap pent-up air travel demand?
Two Asia-Pacific airlines have this month operated domestic sightseeing flights to meet pent-up flying demand as Covid-19 limits air travel, but how much potential does this market offer in the long run? DINE AND FLY Royal Brunei Airlines’ first-ever scenic flight took off on 16 August, departing from Brunei International ...
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NewsUAE sees Israeli peace deal making it ‘easier’ to buy F-35
The United Arab Emirates (UAE) sees broad benefits flowing from its recent peace deal with Israel, including an easier path to buying the Lockheed Martin F-35 Lightning II stealth fighter, as well as other US-made military products.
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NewsBOC Aviation maintains steady profits amid pandemic
Singapore-based lessor BOC Aviation registered a slight increase in its profits in the first half of this year, though its cash collection rate plummeted to the lowest level in more than a decade. The company posted a profit before income tax of $354 million for the six months ended 30 ...
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NewsXwing successfully tests autonomous flight systems on a Cessna Grand Caravan
Xwing, a San Francisco Bay Area autonomous systems startup, has conducted numerous fully autonomous passenger flights in a Cessna 208B Grand Caravan.
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NewsAI wins 5 to 0 in simulated dogfights against human F-16 fighter pilot
The AI program, named “Falcon”, defeated a senior fighter pilot and F-16 Weapons Instructor Course graduate, call sign “Banger”, in a series of nearly flawless performances that took advantage of the computer program’s ability to fly more precisely and aggressively.
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NewsRolls-Royce deepens partnership with Reaction Engines on cooling technology
A recent surge of interest in multi-Mach propulsion projects from Rolls-Royce is followed today by another technical partnership – which sees the aero-engine manufacturer deepen its partnership with Reaction Engines and its radical cooling technology.