All news – Page 495
-
NewsAerCap could list first-quarter impairment against leased fleet in Russia
Leasing giant AerCap is expecting to recognise an impairment on aircraft leased to Russian airlines which the company has been unable to retrieve. It says this impairment could be made as early as the first quarter of this year, but it stresses that it has “not determined the amount”. While ...
-
NewsAir France-KLM and other carriers lose legal bid to cut cargo cartel fines
Air France-KLM and a number of other operators have lost a legal bid to challenge fines imposed on them by the European Commission over participation in a pricing cartel for the airfreight market. But the European Union General Court ruling also partly annuls the Commission’s decision concerning several other airlines, ...
-
NewsEASA refines fuel-carriage rules to take advantage of better risk analysis
Aircraft operators will be permitted to reduce the amount of fuel they carry during flight operations, under new rules put forward by the European Union Aviation Safety Agency. Carriage of fuel beyond that specifically required for the trip from origin to destination is governed by regulations over contingencies, such as ...
-
NewsKenya Airways cuts full-year operating losses by 75%
Kenya Airways slashed full-year operating losses to KSh6.8 billion ($59 million) during 2021, a reduction of 75%. It generated just over KSh70 billion in revenues over the 12 months to 31 December. But passenger numbers of 2.2 million were still 57% down on the pre-crisis figure in 2019, and capacity ...
-
NewsRossiya shifts leased aircraft to Russian registry
Aeroflot Group carrier Rossiya is claiming to have completed transfer of operational aircraft in its fleet to the Russian registry. Rossiya says 125 of its aircraft are listed on the register. “In order to minimise the risks of disruption of the flight programme during flights to foreign countries on these ...
-
AnalysisC-130J deliveries pass 500 aircraft: we analyse type’s global fleet mix
Lockheed Martin recently delivered its 500th C-130J tactical transport: we look at the global fleet mix for its Super Hercules product.
-
NewsAir New Zealand to raise NZ$2.2 billion for post-pandemic recovery
Air New Zealand has rolled out a NZ$2.2 billion ($1.53 billion) recapitalisation package - aimed at boosting its war chest for post-pandemic recovery - as it expects to continue to be loss-making in the near-term.
-
NewsP&W partners Air BP for engine tests using full-SAF
Pratt & Whitney has signed a memorandum of understanding with Air BP on the use of 100% sustainable aviation fuel (SAF) for P&W’s engine testing and research.
-
NewsIndiGo appoints new finance chief
Indian low-cost carrier IndiGo has promoted Gaurav Negi as its new chief financial officer from 1 April.
-
NewsLearjet production goes silent after six decades
The Learjet brand has stepped into the sunset, with the famed business jet manufacturer delivering its final aircraft on 28 March.
-
NewsBiden asks for big spending increase on air power, missile systems
The administration of president Joe Biden wants Congress to approve more than $56 billion in new spending for what it describes as “lethal air forces”.
-
NewsEmirates chief sees ‘tectonic shift’ in airline industry from Russia-Ukraine conflict
The Russia-Ukraine war could have long-term consequences for the airline industry that are more significant than those resulting from the Covid-19 crisis, according to Emirates Airline president Tim Clark.
-
NewsSlot shortages and ‘astronomical’ demand justify A380 return: Emirates chief
A shortage of slots at major airports and strong consumer demand are underpinning the return of the Airbus A380 into Emirates’ fleet, according to the president of the Middle Eastern carrier.
-
Paid contentNavigating a net-zero future for aviation in Asia Pacific
Decarbonising aviation requires a global effort. Shell is working with customers and partners across Asia Pacific to accelerate aviation’s pathway to net-zero emissions.
-
NewsKazakh authority proposes airline divestments to increase competition
Kazakhstan’s government is proposing to increase competition in the air transport sector by selling shares in airlines which are part of the Samruk-Kazyna sovereign fund. The country’s Agency for the Protection and Development of Competition points out that airlines with state participation – including Air Astana, its budget operation FlyArystan ...
-
NewsAvolon sees no imminent need to top up VX4 order
Lessor Avolon sees no immediate requirement to top-up its order for Vertical Aerospace’s VX4 electric vertical take-off and landing (eVTOL) aircraft despite having now exceeded its initial 500-unit commitment.
-
NewsRussian composite wingbox for MC-21 passes strength tests
Russian airframer Irkut has completed strength testing of the MC-21 wingbox, constructed from domestic composites, demonstrating that its performance corresponds to analytical predictions. Irkut conducted the maiden flight of the MC-21-300 with a Russian composite wing on 25 December last year. The aircraft involved was numbered 73361. Testing of the ...
-
NewsLufthansa Technik unit back providing Comair maintenance after suspension lifted
Lufthansa Technik Maintenance International (LTMI) has resumed work for South African carrier Comair after regulators in the country lifted the temporary suspension on the MRO unit.
-
NewsUK funding for ATI hits £685m for next three-year period
UK government funding for the Aerospace Technology Institute (ATI) is to rise to £685 million ($895 million) for the next three financial years, topping the current £235 million settlement.
-
NewsAsia-Pacific traffic in February weak despite ‘increasing momentum’ for reopening: AAPA
While Asia-Pacific carriers are reporting a significant year-on-year uptick in passenger traffic in February, meaningful recovery is still far off, says the Association of Asia Pacific Airlines (AAPA).