All news – Page 479
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News
Domestic revenue boosts Gol’s Q1 earnings
Domestic sales boosted Brazil’s Gol airlines’ first quarter earnings as it finalised a codeshare agreement with American Airlines and launched a cargo collaboration.
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Boeing reports ‘messier quarter’ with revenue declines across defence programmes
Supply-chain constraints and changes to government contracts drove a nearly 25% decline in revenue on defence programmes year-over-year.
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In depth
Ampaire on a charge: how electric propulsion developer plans to go it alone
Collapse of acquistion by Surf Air Mobility has not deterred US powertrain start-up from goal of revolutionising regional air transport, as it gears up for flight testing of a converted Cessna Grand Caravan and eyes future product roadmap.
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Czech firm acquires L-410 manufacturer Aircraft Industries from Russian owners
Czech defence electronics and aviation technology company Omnipol Group has agreed to acquire the entirety of the aerospace firm Aircraft Industries from its Russian owners. Russian mining entity UGMK has controlled the company since 2008 when it acquired a 51% share of the firm, which produces aircraft including the L-410 ...
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Probe into 777-300ER 'control instability' finds no evidence of inconsistent response
French investigators probing the control instability experienced by an Air France Boeing 777-300ER on final approach to Paris Charles de Gaulle have found no inconsistency between the pilots’ control inputs and the movement of the aircraft. The aircraft, arriving from New York JFK on 5 April, had been conducting an ...
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Profitable Cargolux foresees continued capacity strain on trade
Cargolux has generated a full-year pre-tax profit of $1.7 billion for 2021, but it warning that global trade is likely to suffer from the effects of the pandemic and the geopolitical situation in Ukraine. Pressure on supply chains will continue, the Luxembourg-based freight carrier states, with border restrictions still in ...
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EasyJet to help drive GKN hydrogen propulsion projects
UK carrier EasyJet could be the first airline to trial a pair of hydrogen propulsion systems being developed by GKN Aerospace under a new pact between the companies.
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ANA narrows operating losses; cargo revenue hits record
All Nippon Airways parent ANA Holdings has narrowed its 2021 full-year operating loss to Y173 billion ($1.3 billion), compared with an operating loss of Y465 billion a year earlier.
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Travel recovery ‘well underway’, as AirAsia carriers report jump in Q1 traffic
AirAsia Aviation Group is seeing robust traffic growth in the quarter to 31 March, as it believes travel revival is “well underway” amid easing of travel restrictions in the region.
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News
Aeroflot board set to discuss increasing company’s share capital
Aeroflot Group’s board is to hold a meeting at which the directors will discuss increasing the authorised share capital of the company. The board meeting is set to take place on 29 April, the airline has disclosed. Its agenda includes amending articles of association for the company and determining the ...
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News
Russia’s Aeroflot suspended from SkyTeam alliance
Aeroflot has had its membership of global alliance SkyTeam temporarily suspended amid the continued fallout of global sanctions impacting the country’s operators following Russia’s invasion of Ukraine.
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News
No cheer as China expects 77% plunge in traffic during Labour Day holidays
Chinese civil aviation regulators forecast a 77% year-on-year decline in passenger traffic over the Labour Day holiday period, underscoring the travel restrictions Beijing has imposed in a bid to crush coronavirus infection numbers.
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News
Safran Nacelles signs support deals with Hawaiian, Viva Air Columbia
Safran Nacelles has signed two long-term service contracts with Hawaiian Airlines, as well as low-cost carrier Viva Air Columbia.
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News
Border reopening lifts Asia Pacific airlines’ March traffic
Asia-Pacific carriers reported a three-fold jump in passenger numbers in March – with load factors hitting a two-year high – following border reopenings in several countries.
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News
Malindo re-brands as Batik Air
Lion Group carrier Malindo Air has adopted the branding of the group’s Indonesia full-service unit, Batik Air.
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News
Full domestic recovery drives Aeromexico’s Q1 revenue
Grupo Aeromexico, the parent company of Mexico’s legacy carrier Aeromexico says a total domestic recovery – coupled with a significant jump in international markets – has helped it almost double revenue during the first quarter.
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News
Volaris ‘well-positioned’ for a successful summer travel season
Ultra-low-cost carrier Volaris anticipates lower coronavirus infections and ongoing strong demand for leisure travel to Mexico will make for a successful summer season.
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News
Boeing’s undelivered 737 Max backlog still stands at 320 jets
Boeing lost $1.2 billion in the first quarter of 2022 and has made limited progress in divesting hundreds of stored 737 Max and 787s.
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News
Surf Air pulls plug on Ampaire purchase
Surf Air Mobility has quietly abandoned its acquisition of hybrid-electric powertrain developer Ampaire, although the online booking provider still appears to harbour ambitions in the electric aircraft segment.
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News
Boeing CEO sees chance for exemption from Max 10 cockpit alert update
Boeing’s chief executive thinks the company has a solid chance of securing an exemption for its 737 Max 10 from new certification regulations that are due to take effect in December.