All news – Page 553
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NewsSAF and turboprops are best way to decarbonise aviation in short-term, says white paper
Only increased production of sustainable aviation fuel (SAF) and reintroduction of turboprops in place of jets, plus incentives to speed retirements of older gas-guzzlers, will help commercial aviation reach its decarbonisation goals in the short term, a new white paper argues.
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NewsUS bank stress dampens Bombardier’s Q1 orders as revenue surges
Trouble at US regional banks eroded some of Bombardier’s expected first-quarter order activity, a change following several years of exceedingly strong demand for new business jets.
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NewsSouthwest loses $159m in Q1, cuts 2023 capacity expectations
Southwest Airlines still feels lingering effects from its December 2022 operational meltdown and is now feeling squeezed by Boeing aircraft delivery delays.
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NewsToyota and Joby Aviation deepen their partnership
Japan’s Toyota Motor Corporation will supply Joby Aviation with “key powertrain and actuation components” for Joby’s in-development electric vertical take-off and landing (eVTOL) aircraft.
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NewsSouthwest cuts expected 2023 Max 8 deliveries by 20 jets
Southwest Airlines is now expecting 20 fewer new Boeing 737 deliveries in 2023 than previously estimated.
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NewsSpirit to soon take delivery of first of 41 A321neos
Spirit Airlines will accept delivery of the first of 41 Airbus A321neo aircraft it has on order sometime “over the next week”.
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NewsAmerican posts Q1 profit of $10m amid ‘dynamic’ air travel demand
American Airlines posted a profit of $10 million – its first first-quarter profit in four years – as demand for air travel remained “dynamic”.
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NewsAgeing freighters face fallout from reduced air cargo demand
Older freighters are being grounded as a result of ongoing reduced demand and increased capacity in the air cargo sector, according to Sander Schuringa, manager of market intelligence at Seabury Cargo.
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NewsLufthansa to start Munich-Bangalore flights, adds A380 to Bangkok and LA routes
Lufthansa is to begin services this winter to Bangalore in India, part of an expansion of its operations from Munich which will also see it deploy its returned Airbus A380s on flights to Bangkok and Los Angeles from the German city.
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NewsFinnair cautious on post-summer demand as it welcomes small Q1 profit
Finnair highlighted uncertainty about the durability of high passenger demand as it reported its third consecutive quarterly operating profit amid a strategic overhaul of the business.
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NewsUSA approves possible $1 billion Norwegian purchase of six Seahawks
US officials have approved the possible sale of six Sikorsky MH-60R Seahawk maritime helicopters and related equipment to Norway.
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NewsITA A330 departed JFK after crew did not notice taxi collision with 777
US investigators have concluded the crew of an ITA Airways Airbus A330-200 misjudged the available space while taxiing past an Air France Boeing 777-200ER, colliding with the parked aircraft and then proceeding to take off despite both jets’ sustaining damage. The accident occurred in darkness at New York JFK on ...
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NewsMTU chief confident on supply chain improvements
Germany’s MTU Aero Engines predicts that disruption to the aerospace industry supply chain will ease as 2023 progresses but cautions there may be further bumps along the way.
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NewsAirlines are maintaining focus on air cargo: IATA chief
Airlines are maintaining the focus on air cargo that they gained during the Covid-19 pandemic, according to IATA director general Willie Walsh.
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NewsLessor Avolon committing to 40 more 737 Max jets
Irish-based lessor Avolon is intending to order 40 Boeing 737 Max jets, for delivery over the course of 2027-30. The lessor values the provisional agreement at more than $4 billion at catalogue prices. Avolon was responsible for delivering the first Max to its customer in 2017. It has not specified ...
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NewsAAPA flags ‘lacklustre’ Asia-Pacific cargo traffic as passenger travel rebounds
The Association of Asia Pacific Airlines (AAPA) has warned of a “lacklustre” air cargo market in the region amid a decline in demand that is being juxtaposed by “robust recovery” in passenger traffic.
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NewsBoeing encouraged by China’s signals on 737 but keeps conservative outlook
Boeing is taking a conservative view on the Chinese market but is encouraged by the gradual return to service of 737 Max jets in the country. Speaking during a first-quarter briefing, chief executive Dave Calhoun said all Max operators in China have brought at least part of their fleet back ...
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NewsANA parent swings to first operating profit in three years
All Nippon Airways parent ANA Holdings swung to an operating profit for its 2022 financial year, benefiting from the lifting of travel restrictions related to the coronavirus pandemic.
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NewsAir China to sell eight A330s to cargo unit in fleet rejig
Air China is to sell eight Airbus A330-200s to its cargo unit Air China Cargo in a deal worth up to $114 million, as part of fleet optimisation efforts and to “improve the economic benefits” of aircraft disposal.
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NewsAirAsia units ramp up international capacity amid ‘sustained demand’
AirAsia Aviation carriers see “sustained demand” in international travel demand amid a significant capacity ramp-up in the first quarter of the year, including resuming flights to Mainland China.