All news – Page 577
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NewsSIAEC swings to net profit; warns of pandemic’s ‘uncertain and uneven impact’
SIA Engineering swung to a net profit for the half-year, helped by better operating performance and a lack of hefty impairment costs.
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NewsTaiwanese carriers swing back to profitability as revenues rise
Taiwan’s two largest carriers — China Airlines and EVA Air — were back in the black for the third quarter of the year, helped by a steady increase in revenue.
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NewsSydney Airport agrees to A$23.6 billion buyout
Sydney Airport has agreed to a A$23.6 billion ($17.4 billion) takeover offer from an investor consortium.
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NewsVietJet confirms A330 fleet plans; first jet to be delivered in November
Vietnamese low-cost carrier VietJet Air has confirmed it will lease up to three Airbus A330s, as part of fleet development plans “to better meet travel demand” in the future.
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NewsANA, Virgin Orbit to use Japan as Asian base for 747 RocketOne launches
ANA Holdings plans to enter the space launch business through a tie up with Virgin Orbit, which has developed the capability to launch its LauncherOne rocket from a 747-400.
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NewsSafran signs agreements with Vietnam’s Bamboo, VietJet
Vietnamese carriers VietJet Air and Bamboo Airways have both signed agreements with Safran, during a visit by the country’s prime minister to France.
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NewsKAI to pitch FA-50 for Slovakian trainer deal
Korea Aerospace Industries (KAI) will pitch the FA-50 for a Slovakian requirement for new advanced jet trainers, as Seoul and Jakarta continue to discuss KF-21 costs.
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NewsReaction Engines unveils low-carbon spin-off for SABRE technology
Reaction Engines is hopeful that newly unveiled technology which uses its heat exchanger system to allow regular jet engines to burn ammonia – producing zero carbon emissions – could enter service within a decade.
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NewsDARPA catches airborne X-61 Gremlins drone from C-130 cargo ramp
The US Defense Advanced Research Projects Agency in October for the first time caught an airborne X-61 Gremlins unmanned air vehicle using a mechanical arm and towed docking “bullet” deployed from the cargo ramp of a Lockheed Martin C-130.
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NewsSpanish carriers offer bright spot as IAG sees ‘inflection point’ in third quarter
IAG posted an operating loss of €452 million ($523 million) for the third quarter though its Spanish carriers Iberia and Vueling did both move out of the red.
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NewsAirbus must restore 70-per-month delivery rate to reach full-year target
Airbus handed over just 36 aircraft in October, confirming the airframer’s expectation of a continuing stall in the recovery of its delivery rates. Although monthly deliveries had picked up this year – exceeding 70 aircraft in March and again in June – they have not climbed above 40 aircraft since ...
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NewsAlaska appears to scrub inherited Virgin America order for A320neos
Alaska Airlines appears to have dropped the order for 30 Airbus A320neos it inherited during its merger with Virgin America three years ago. Airbus’s latest backlog figures, to the end of October, reveal a cancellation for 30 A320neos and the aircraft are no longer listed against Alaska’s total. The airline ...
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NewsVueling sees long-term returns from opportunistic push into new markets
Vueling chief executive Marco Sansavini believes the carrier’s moves to exploit new international opportunities that have emerged in the European short-haul market since the pandemic will provide long-term returns.
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NewsLeonardo says it will not sell aerostructures business despite 787 woes
Leonardo has ruled out divestment of its aerostructures operation despite the deep impact of the air transport crisis which has pushed back breakeven for the division until 2025.
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NewsATR output to hit 50 aircraft per year from 2023, says shareholder Leonardo
Production of ATR turboprops should stabilise at around 50 aircraft per year in 2023, as the market for regional aircraft returns, according to one of the joint venture’s owners.
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NewsBritish Airways aiming to finalise Gatwick plans by end of November
British Airways hopes to finalise talks with unions and London Gatwick airport over a new short-haul operation in time to launch its summer plans around the end of November.
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NewsIAG chief Gallego ‘less optimistic’ about stalled Air Europa deal
IAG chief executive Luis Gallego is “less optimistic” about completing a deal to acquire Spanish carrier Air Europa, but talks are continuing with the latter’s parent company Globalia, regulators and the Spanish government.
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NewsEmbraer third-quarter revenue rises to $958m
Embraer remains optimistic about the recovery in the aviation industry after the carrier sold more of its new-generation D195-E2 commercial jets and more large executive jets during the third quarter.
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NewsWright developing all-electric variant of BAe 146
US aerospace company Wright Electric has launched development of a “zero-emission” electric-powered passenger airliner based on British Aerospace’s 146 regional jet.
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NewsQantas to make narrowbody decision by end of year
Qantas’s discussions for its future fleet of narrowbody aircraft are well advanced, with an aim to order over 100 aircraft.