All news – Page 1361
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SAA receives first A350 and plans to introduce four
South African Airways has disclosed that it will lease another pair of Airbus A350-900s, after taking delivery of the first of two initial leased aircraft.
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UK space sector eyes future outside EU
Echoing ongoing speculation about the United Kingdom’s post-Brexit future as an economic and diplomatic player, the county’s future as a space power remains uncertain.
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Bombardier keeps 2019 delivery goal as 7500 production ramps up
Bombardier remains confident it will reach its goal of delivering 175 to 180 aircraft in 2019, though the Montreal-based airframer must significantly boost aircraft handoffs to achieve that goal.
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Piper's M600 and Cirrus Vision Jet add automated landing feature
Piper Aircraft’s M600 turboprop and Cirrus Aircraft’s Vision Jet are to feature a new Garmin automatic landing capability in a first for general aviation aircraft.
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Spirit acquires Bombardier aerostructures plants
Bombardier is selling its aerostructures business to US-based Spirit AeroSystems, a deal which includes its wing operation in Belfast and other facilities in Morocco and the USA.
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Air France-KLM's third-quarter profit dips on softer unit revenue
Air France KLM has posted a moderate decline in third-quarter profit after higher fuel costs and weaker unit revenue overwrote a steady growth in passenger numbers.
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Weak international demand hits JAL's first-half result
Japan Airlines' operating profit fell 16% to Y81.3 billion ($751 million) in the six months ended 30 September, amid weakness in its international business.
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Hainan Airlines third-quarter profit down 36%
Hainan Airlines saw operating profit decline 36% to CNY150 million ($21.3 million) in the third quarter.
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Higher costs drag Juneyao's Q3 profit
Juneyao Air saw its operating profit for the third quarter fall 14.7% to CNY905 million ($129 million), on the back of higher costs.
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Qantas dismisses 'alarmist' union call to ground 737s
Qantas has hit back at its engineers' union's "alarmist" call to ground its entire fleet of Boeing 737-800s, after one of them was found to contain structural cracks.
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BA strike brings down IAG third-quarter profits
British Airways parent IAG is blaming the UK carrier's pilot strike in September for a fall in third-quarter operating profit.
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Trans States cancels SpaceJet orders
Mitsubishi Aircraft's SpaceJet programme has been dealt a fresh blow after Trans States Holdings, which owns several US regional airlines, cancelled all of its orders for the aircraft.
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GAMECO to open 737-800BCF production line in Guangzhou
Guangzhou Aircraft Maintenance Engineering (GAMECO) will open a Boeing Converted Freighter (BCF) production line at its Guangzhou base.
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China Southern posts 9% increase in Q3 profit
China Southern Airlines saw its third quarter operating profit rising 8.9% to CNY3.34 billion ($473 million).
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Air China third-quarter profit up 5%
Lower expenses helped to push Air China’s operating profit for the third quarter up 5.4% to CNY4.86 billion ($690 million).
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Thomas Cook’s Nordic airline renamed after investors swoop
Thomas Cook Airlines Scandinavia is to be rebranded as Sunclass Airlines after the collapsed tour operator Thomas Cook Group’s Northern Europe division was acquired by a trio of investors. The investors include Strawberry Group, the fund controlled by businessman Petter Stordalen, as well as Altor Funds and TDR Capital. Strawberry ...
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Muilenburg tells lawmakers he will not resign as Boeing CEO
Boeing chief executive Dennis Muilenburg says he has no plans to resign his post despite widespread speculation that his days atop the world's largest aerospace company are numbered due to the ever-deepening 737 Max crisis.
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Lockheed Martin wins $25m contract for new F-35 anti-jamming GPS
Lockheed Martin won a $25 million contract to start engineering and manufacturing work on a new version of its GPS Spatial Temporal Anti-Jam Receiver (GSTAR) which will be installed in the F-35 Lightning II stealth fighter.
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Wizz shareholders approve A321XLR order
Central European budget carrier Wizz Air's shareholders have overwhelmingly voted in favour of its plans to purchase 20 Airbus A321XLR twinjets.