All news – Page 477
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Air cargo market told to brace for ‘growing challenges’ as demand falls
Demand for air cargo fell in March, according to data released by IATA on 3 May, as factors including China’s ‘zero-Covid’ policies and the Russia-Ukraine war weighed on demand and threatened to become longer-term hindrances.
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Airbus tweaks A320 software to address rare go-around pitch-up anomaly
Airbus has tweaked the flight guidance software for A320-family jets to address a pitch-up issue which could occur under certain circumstances on go-around. The modification followed an incident involving an unstable approach by an A321neo during which a go-around was initiated with the autopilot engaged. According to the European Union ...
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Avolon records $300m impairment over unretrieved fleet in Russia
Irish-based lessor Avolon has recorded an impairment of over $300 million against aircraft still left with Russian operators, following the imposition of sanctions over the Ukraine conflict. Avolon had previously disclosed that 10 of its owned aircraft were still located in Russia. It says the $304 million impairment reduces the ...
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Aernnova completes $174 million Embraer aerostructures buy
Spanish firm Aernnova has completed its acquisition of Embraer’s Portuguese aerostructures manufacturing businesses for $174 million.
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Air Baltic leases jets including Ukraine International 737 amid lack of A220 spares
Global supply chain issues mean Air Baltic is looking to airlines including Ukraine International Airlines for short-term leased capacity as maintenance schedules for its own jets are extended.
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Airbus rolls out initial A321XLR in livery highlighting twinjet’s range
Airbus has unveiled the paint scheme on its first A321XLR, the longest-range variant of its single-aisle twinjet range. The aircraft is carrying a livery featuring landmarks from New York and Rome, on its port side and London and New Delhi on the starboard, to illustrate the additional range of the ...
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Two Russian ships destroyed by Ukranian drone strikes
Two Russian patrol boats were destroyed in the Black Sea by missile strikes launched from TB-2 Bayraktar drones, according to Ukraine.
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Spirit confirms it rejected JetBlue’s offer due to anti-trust concern
Spirit Airlines confirms it declined JetBlue Airways’ takeover bid due to concern that the proposed merger would not receive Department of Justice (DOJ) anti-trust clearance.
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Spirit board rejects acquisition by JetBlue, moves ahead with Frontier combination
Spirit Airlines has rejected an acquisition proposal from JetBlue Airways, saying its board of directors favours a competing proposal under which Frontier Airlines would acquire the budget carrier.
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Qantas enjoys strong domestic, international rebound
Qantas Group is enjoying a rebound as the coronavirus pandemic abates, with both domestic and international travel demand picking up strongly.
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Qantas to launch Project Sunrise flights in 2025 as airline locks in A350 orders
Qantas has confirmed its order for 12 Airbus A350-1000s for its ultra-long-haul Project Sunrise initiative, with the first flights from Sydney to New York and London slated for a late-2025 launch.
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China’s ‘Big Three’ widen Q1 losses as Covid-19 battle rages on
China’s three largest carriers plunged deeper in the red, as a surge in coronavirus infections comes to head with the country’s strict ‘Zero-Covid’ strategy.
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Ukrainian airspace remains contested as fighting ramps up in Donbas
US officials say Russia remains reliant on airfields and missile launch sites within its own territory.
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US regional airline Tailwind adds seaplane flights to Provincetown
US floatplane operator Tailwind Air is expanding this summer with seasonal flights from Boston Harbor to Provincetown on Cape Cod.
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Avelo may expand eastern US network to Wilkes-Barre/Scranton
Avelo Airlines may expand its eastern US network to include Wilkes-Barre/Scranton iInternational airport, about 115 miles (xxxkm) north of Philadelphia.
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Further A320neo rate rise could be on the cards as CFM agrees 2024 Leap-1A delivery volumes
Airbus may be preparing to confirm a further rate rise in 2024 for its A320neo family after engine supplier CFM International agreed to an unspecified delivery volume for that year.
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ATR readies first STOL prototype for early stage flight tests
Turboprop manufacturer ATR is nearing completion of the first phase of modifications to a 42-600 test aircraft to turn it into a short take-off and landing (STOL) variant.
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Latin carriers Avianca and Viva strike joint ownership deal
Owners of Avianca and the low-cost operator Viva have struck a deal to to form a joint holding company in a move to provide greater financial stability for the Latin American carriers post-pandemic.
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Norse Atlantic opens bookings with JFK route starting mid-June
Scandinavian start-up Norse Atlantic Airways has commenced ticket sales for transatlantic services, with the initial flight from Oslo to New York JFK set to take place on 14 June. Norse Atlantic will also open flights to Los Angeles, Orlando and Fort Lauderdale. It says the beginning of ticket sales “marks ...
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SAS struggles to obtain stakeholder backing for crucial transformation
SAS remains downbeat over progress with its ambitious transformation plan, with negotiations to overhaul its cost structure failing to yield any breakthrough. The Scandinavian operator says the ‘SAS Forward’ plan is “entirely dependent” on deleveraging the company and raising “significant amounts” of new equity. It says it needs to the ...