All news – Page 1550
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Cebu Pacific to add 12 aircraft in 2019
Cebu Pacific will add 12 new aircraft to its fleet this year, as it enters the next stage of expansion with the delivery of the re-engined Airbus A320 family aircraft.
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Airspace agreement set to open up more Tokyo Haneda slots
A tentative agreement to allow civilian aircraft through US-controlled airspace around Tokyo could allow for more slots to be opened up at Haneda International airport.
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Hainan Airlines warns of potential CNY500m net loss for 2018
Hainan Airlines has warned that it may report a net loss of up to CNY500 million ($74.5 million) for for the 2018 full-year as a result of higher fuel prices, currency movements and losses from asset disposals.
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Boeing CEO: No NMA firm launch decision this year
Boeing will not take a firm decision to launch its proposed New Mid-market Airplane (NMA) this year, but it aims to secure authority to offer from the board before the end of 2019.
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Leonardo sees US Navy favoring single-engined trainer helicopters
Leonardo’s pitch for the US Navy’s TH-XX helicopter trainer replacement competition will focus on what it said is the affordability of its light-weight, single-engined TH-119 helicopter.
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Boeing's 2018 profit hits $10.5bn as production soars
A record number of aircraft deliveries and a rapidly expanding aircraft services business lifted Boeing's net profit up 24% year-on-year in 2018 to $10.5 billion.
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Boeing Defense turnaround helps company post record $101bn sales
Boeing’s revenue reached a record $101 billion in 2018, partly helped by a turnaround in the company’s defence unit, which won several large contracts thereby reversing more than a decade of declining sales.
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US carriers cancel flights as extreme cold hits Midwest
US airlines canceled hundreds of flights on 30 January as record-breaking cold temperatures descended upon the Midwest USA.
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Etihad and LHT partner to stimulate aircraft modification market
Etihad Airways Engineering and Lufthansa Technik have formed a tentative partnership – alongside engineering specialists EAD Aerospace and Envoy Aerospace – to establish common standards for and promote development of supplemental type certificates (STC) for aircraft modifications.
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AnalysisANALYSIS: Boeing plays catch-up with KC-46A deliveries
When US Secretary of the Air Force Heather Wilson's aircraft was grounded because of smoke in the cockpit, causing her to miss the delivery ceremony for the first Boeing KC-46A Pegasus tanker, the snag seemed to be par for the course for the programme.
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Delta TechOps completes its first Trent 1000 shop visit
Delta Air Lines’ maintenance division has completed its first overhaul shop visit of a Rolls-Royce Trent 1000 engine.
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Air Vanuatu starting Melbourne service
Air Vanuatu plans to start a Port Vila-Melbourne service on 17 June.
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Garuda considers majority stake in Sriwijaya Air
Garuda Indonesia is studying its options about a 51% stake in Sriwijaya Air through low-cost unit Citilink.
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SIA expands JetBlue codeshare; deploys regional A350 to Brisbane
Singapore Airlines (SIA) recently expanded its codeshare with JetBlue on flights out of New York John F. Kennedy International airport, while also deploying the regionally configured Airbus A350-900s on flights to Brisbane.
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Air NZ lowers FY2019 earnings guidance
Air New Zealand (Air NZ) is expecting to post a lower earnings before tax for its 2019 financial year ending on 30 June, as it expects slower revenue growth.
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SIAEC, Jamco re-jig joint ventures
SIA Engineering Company has concluded transactions in two joint venture units, resulting in the divestment of shares and incorporating another as a wholly-owned subsidiary.
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Korean Air standalone profit dropped 28% in 2018
Korean Air reported a 28% slide in its 2018 full year unconsolidated operating profit to W692 billion ($620 million), primarily due to the impact of higher fuel costs.
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NokScoot to begin Shanghai services
NokScoot plans to begin Bangkok Don Mueang-Shanghai Pudong services on 25 February.
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GIC closes investment in Nordic Aviation Capital
Singapore sovereign wealth fund GIC has taken a minority shareholding in Nordic Aviation Capital (NAC) as the deal officially closed today.
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Pentagon will not cut F-35 orders for Boeing F-15: Lockheed
Lockheed Martin Chief Executive Marillyn Hewson said she was assured by Department of Defense officials that any order of Boeing F-15 aircraft will not come at the cost of future Lockheed Martin F-35 Lightning II purchases.