All news – Page 371
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News
SAS seals renegotiated fleet leases with more lessors
Scandinavian operator SAS has secured additional agreements with lessors to change the terms of lease contracts as part of its restructuring programme. SAS is operating under US Chapter 11 bankruptcy protection, and the court is overseeing progress with the carrier’s ‘SAS Forward’ re-organisation initiative. The restructuring crucially requires amendments to ...
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Wizz returns conflict-stranded Airbus to service and awaits return of others
Central European budget carrier Wizz Air has returned to service one of the four Airbus jets stranded in Ukraine as a result of the conflict. The rescued aircraft, an A320, was retrieved from the city of Lviv on 13 September, and flown to Katowice in Poland. Wizz says “no significant ...
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Wizz Air seeks to offset choppy currency impact as operations stabilise
Budget carrier Wizz Air has shifted towards euro-denominated lease contracts as part of a strategy to counter the effects of economic conditions. The airline has turned in a first-half operating loss of €63.8 million ($63 million) for the six months to 30 September. But a net foreign-exchange losses amounting to ...
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News
Royal Jordanian Air Force orders Bell 505 trainers
The Royal Jordanian Air Force is to acquire 10 Bell 505s for training duties, under a deal signed with the US manufacturer on 1 November.
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Australia, South Korea in air-to-air refuelling pact
The air forces of Australia and South Korea have entered an agreement to cooperate on air-to-air refuelling.
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Leonardo tapped for RAAF C-27J avionics upgrade
Leonardo has been tapped to provide avionics upgrade work for the Royal Australian Air Force’s (RAAF’s) fleet of C-27J Spartan tactical transports.
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News
SIA Engineering widens Q2 loss as costs outpace revenue uptick
SIA Engineering (SIAEC) widened its second-quarter operating loss despite an increase in revenue, as higher operating costs drove up expenses.
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GAMECO completes China’s first 767-300BCF conversion
Chinese MRO provider GAMECO has completed work the country’s first 767-300 Boeing Converted Freighter (BCF), more than half a year since the widebody conversion line began operations.
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News
JAL narrows first-half operating loss on surging revenues
Japan Airlines (JAL) narrowed operating losses for the first half of its 2022 financial year to Y4 billion ($38.3 million) from Y142 billion a year earlier, as revenues surged amid a revival in air travel.
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Mitsubishi Heavy aerospace business doubles profit as order intake rises
Mitsubishi Heavy Industries’ (MHI) aircraft, defence and space unit more than doubled its half-year profits, helped by up an uptick in orders at its aerostructures business.
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News
US DOT grants Canada Jetlines permission to fly to USA
The US Department of Transportation (DOT) has tentatively granted Canadian discount airline Canada Jetlines a foreign air carrier permit, allowing it to operate routes to the United States.
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United pilots vote down tentative contract
Nearly 10,000 United Airlines pilots seeking higher pay rejected a tentative contract that would have given them a 14.5% pay raise over 18 months.
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Sun Country Airlines makes $10.7m profit despite Q3 headwinds
Sun Country Airlines posted a $10.7 million profit in the third quarter of 2022 despite higher operating costs and ongoing struggles to hire enough flight crews.
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US Air Force to retire Japan-based F-15s
Billed as a modernisation effort, the USAF will decommission its older Boeing F-15C/D models currently assigned to an important military hub in Okinawa.
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In depth
Aviation sector resilient in the face of computer chip shortage
While a global crunch in the supply of semiconductors has impacted other high-tech industries like automotive manufacturing and consumer electronics, the aerospace sector has proven less vulnerable.
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News
Four firms to fight for UK’s New Medium Helicopter requirement
Defence officials have whittled down the number of bidders for the UK’s New Medium Helicopter (NMH) contest to four companies – Airbus Helicopters, Boeing, Leonardo Helicopters and Sikorsky – following an initial selection process.
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News
Sweden to axe NH90 fleet under revised defence equipment plan
Sweden plans to join near neighbour Norway in ditching the NH Industries NH90 helicopter under new defence equipment and spending plans. Revealed on 1 November, the proposals laid out by General Micael Byden, head of the Swedish military, will see the country retire the NH90s operated by its armed forces ...
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Lufthansa reaches pay deal with cabin crew
Lufthansa has struck a pay deal with flight attendants through a collective agreement running until at least the end of next year.
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Government pays arrears and takes over fleet loan after Kenya Airways default
Kenya’s government has stepped in to pay Kenya Airways debts after the airline defaulted on a loan agreement for aircraft and engine acquisitions. The government is also set to take over the loan in the current 2022-23 fiscal year, according to the country’s treasury. In an annual public debt management ...
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News
Chinese twin-tailed civilian UAV makes maiden sortie: state media
A four-engined, twin-tailed UAV – known as the ‘Double-tailed Scorpion’ – took off on its first flight in Sichuan province in China.