All news – Page 475
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NewsJapan Airlines narrows full-year operating loss; eyes returns to profit
Japan Airlines narrowed its full-year operating losses amid an uptick in passenger travel revenue, and expects a swing to profitability in the new financial year.
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NewsIAG sees profits from second quarter onwards on summer ramp-up
European airline group IAG expects to be profitable from the second quarter and for the year as a whole on sharply ramped-up operations, after cutting operating losses before exceptionals by a third to €754 million ($797 million). The British Airways and Iberia parent reported a more than trebling of revenues ...
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NewsEASA cautions carriers over 20 safety concerns arising from conflict
European civil aviation regulators are highlighting multiple safety aspects arising from the Ukrainian conflict, drawing up a list of 20 specific issues covering such concerns as security, navigation, human performance, and infrastructure. Several of these relate directly to the potential threat to civil aircraft, both from misidentification or loss of ...
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NewsAirbus to introduce new Thales flight-management system across range
Airbus has selected Thales to provide a new flight-management system for its aircraft range, based on the French aerospace company’s PureFlyt product. The system has been adapted to Airbus’s specific requirements and is intended to become available at the end of 2026. It will be used for the A350 and ...
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NewsAir Baltic chief reiterates commitment to Ukraine return
Air Baltic chief executive Martin Gauss remains committed to restarting flights to Ukraine as soon as its war with Russia ends.
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NewsSIA Engineering swings to net profit as recovery gathers pace
SIA Engineering bounced back to a full-year net profit, as the travel recovery continues, though it was still loss-making at the operational level.
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NewsJet Airways inches closer to restart following test flights
India’s Jet Airways is a step closer to an operational restart, following the completion of its first test flight.
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NewsSun Country reports profit as scheduled service demand soars
Sun Country Airlines has reported a first-quarter profit as customer demand in its scheduled service segment grew quickly following an Omicron-driven dip early in the year.
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NewsBoeing headquarters now in Virginia, marking strategic shift
Boeing has moved its global headquarters from Chicago to Arlington, Virginia, a major transition the company says will align it closer with customers and help it advance development of new technologies.
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NewsAtlas’ long-term dedicated-freighter contracts drives higher earnings
Atlas Air Worldwide Holdings, the parent of Atlas Air, says long-term contracts for dedicated freighter capacity are fueling growth and profits, and driving fleet expansion.
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NewsBoeing to move headquarters to Arlington, Virginia: report
Boeing reportedly intends to move its corporate headquarters to the Washington, DC area from Chicago, reflecting the company’s ambition to be closer to government customers.
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NewsSpirit cites anti-trust ‘red flags’ in rejecting JetBlue bid
A myriad of anti-trust issues convinced Spirit Airlines’ board to reject JetBlue Airways’ offer to acquire it, and to pursue the original proposal from Frontier Airlines.
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NewsBombardier backlog swells in first quarter amid roaring demand for new business jets
Bombardier landed $1.3 billion in new aircraft orders in the first quarter of 2022 amid what executives describe as a continuing hot streak for business jet sales.
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NewsSwiss aims for breakeven as it outperforms Lufthansa Group partners
Swiss saw the biggest first-quarter operating result improvement of all Lufthansa Group carriers and is targeting breakeven this year, as it rides a wave of strong demand after a challenging couple of years.
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NewsSoftware snag spurs urgent A350 directive on elevator control
Operators of certain Airbus A350s have been instructed urgently to implement a number of operational and dispatch restrictions over a software snag which could lead to loss of elevator control. The issue centres on the introduction of a flight-control software standard, known as X13, on production aircraft and which is ...
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NewsCargojet 767 forced into high-altitude go-around during pressurisation incident
Canadian investigators have disclosed that a Boeing 767-200ER freighter which returned to Mexico City after a depressurisation incident was forced into a go-around by a prolonged wait for landing clearance. The go-around procedure at the high-elevation airport – which included climbing to 12,000ft – triggered cabin-altitude warnings, for which the ...
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NewsLufthansa reminds of A380 option amid strong demand and Boeing delays
Pent-up demand for air travel is “enormous” but the aviation industry faces a “major operational challenge” this summer as rising passenger numbers coincide with staff shortages at airports and other stakeholders, Lufthansa Group chief executive Carsten Spohr has warned.
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NewsAirbus chief insists titanium sourcing ‘protected’ over near term
Airbus chief executive Guillaume Faury believes the airframer has sufficient protection in titanium supply, following the imposition of sanctions on the Russian market. Speaking during a first-quarter briefing, Faury insisted that Airbus’s operations on the supply side were protected in the “short to medium term”. The company is looking to ...
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NewsLufthansa Group looks to strong summer demand as fuel costs bite
Lufthansa Group’s overall results improved in the first quarter, although rising fuel costs held back the recovery of its passenger airline business during the first three months of the year.
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NewsAir France-KLM projects summer profit after cutting first quarter loss
Air France-KLM Group expects to break even at the operating level in the second quarter and to be “significantly positive” in the third after reporting strong recovery signs in the first three months of the year despite the impact of Omicron and the Ukraine crisis.