All news – Page 367
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News
Israeli state takes Israir convertible bonds in exchange for financial aid
Israel’s government is to provide financial assistance to operator Israir Group in exchange for convertible bonds. The ministry of finance has agreed to provide 33 million shekels ($9.4 million) to the company’s aviation and tourism division. It will provide the funding in US dollars, and receive convertible bonds as collateral ...
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News
H2FLY begins cryogenic fuel tank integration under EU-backed scheme
H2FLY has begun installation of a new liquid hydrogen storage system into its fuel cell-powered HY4 aircraft.
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Analysis
Bahrain airport operator follows new terminal with focus on freight
Almost two years after opening its impressive passenger facility, BAC is building a cargo village to enhance the kingdom’s status as a logistics crossroads
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Analysis
Bahrain’s freight players take growth steps
Boeing freighters sporting DHL’s distinctive yellow and red paint scheme are an unmistakable and familiar sight at Bahrain International. The German logistics and parcels carrier – which has had a presence in the kingdom for 40 years – has helped Bahrain establish a reputation as one of the Middle East’s key cargo crossroads.
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News
Tunisian air force receives its first T-6C trainer
Tunisia has received its first of eight Beechcraft T-6C trainers, making it the second African nation to field the turboprop-powered type.
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News
ATR 42-600 secures Chinese certification approval
Chinese civil aviation regulators have validated the type certificate of the ATR 42-600, clearing the turboprop for operations in the country.
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News
Boeing, Indonesian Aerospace sign MOU pending F-15ID deal
Boeing and Indonesian Aerospace have signed a memorandum of understanding (MOU) to look at areas where the two companies could work together should Indonesia obtain the F-15EX fighter.
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News
Emirates places order for five new 777Fs
Emirates has placed a firm order for five Boeing 777Fs in a deal worth over $1.7 billion at list prices.
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News
Collins talks up China aerospace work at Zhuhai
Collins Aerospace has been awarded a contract for seven additional avionics shipsets for helicopters from Avic’s Harbin Aircraft Industries Corporation (HAIG).
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News
Regulatory constraints crimp SIA’s capacity growth in some markets
Singapore Airlines (SIA) wants to continue adding capacity on its path to rebuild its network, but faces regulatory constraints for resuming services to some countries.
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News
China’s Ameco to begin A330P2F conversion work under EFW agreement
China’s Ameco is to undertake Airbus A330 passenger-to-freighter (A330P2F) conversions, becoming the programme’s first third party conversion provider in Asia.
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News
Air France-KLM repays €1bn of state loan early after strong results
Air France-KLM Group has repaid early part of the outstanding state-backed loan granted to support the company during the pandemic.
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News
Embraer’s third-quarter aircraft deliveries inch up to 33 shipments
Brazilian manufacturer Embraer delivered 33 commercial and business aircraft in the third quarter of 2022, a slight year-on-year improvement that still leaves the company’s year-to-date deliveries trailing its 2021 output.
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Interview
Gulf Air’s ‘boutique’ strategy gives it point of difference: chief executive
Capt Waleed Al Alawi says Bahrain airline is ’small, personal and effective’
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News
IndiGo still cool on hedging despite fuel and currency challenges
IndiGo remains unconvinced that fuel and foreign exchange hedging would be beneficial to the business, despite such costs weighing heavily on its financial performance in its fiscal second quarter.
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News
Pessimism over inflation risk to Ryanair’s business ‘exaggerated’: O’Leary
Ryanair chief executive Michael O’Leary insists that concerns over rising inflation and recession on its business have been “greatly exaggerated”. O’Leary shrugged off pessimistic forecasts as the budget carrier group unveiled strong second quarter net profits of €1.2 billion. “As the lowest-cost producer in Europe, we expect to grow strongly ...
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News
Ryanair to retrofit scimitar winglets on 737-800 fleet to cut fuel-burn
Budget carrier Ryanair is to retrofit scimitar winglets across more than 400 Boeing 737-800s in its fleet, in order to trim fuel consumption. The retrofit programme will commence during the winter season, the airline states, and represent an investment of more than $200 million. Scimitar winglets are an evolution of ...
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News
SIA attributes strong results to early investment in capacity
Singapore Airlines (SIA) partially attributes recent strong financial results to its injection of capacity prior to the emergence of pent-up demand in 2022 as the region’s travel restrictions eased.
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News
C919 among Chinese programmes to make public debut at Airshow China
Comac’s C919 narrowbody will make its first public appearance at this year’s Airshow China, over a month after the type was certificated by Chinese regulators.
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News
Chinese majors sign engine, component MRO agreements
Two of China’s largest carriers – China Eastern Airlines and China Southern Airlines – have signed maintenance support contracts, covering engine and component MRO.