All news – Page 610
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Shell to produce 2 million tonnes of sustainable aviation fuel by 2025
Royal Dutch Shell has announced that it intends to produce 2 million tonnes of sustainable aviation fuel (SAF) by 2025, the largest and most aggressive target among the oil majors to date.
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Lufthansa launches $2.5bn capital raise to repay state support
Lufthansa is launching a €2.14 billion ($2.50 billion) capital raise aimed at strengthening its equity position and repaying part of the German state’s investment in the airline during the crisis.
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Boeing to build MQ-25As at MidAmerica St Louis Airport
Boeing will build a new factory in St. Louis to build the MQ-25A Stingray unmanned air vehicle (UAV) for the US Navy (USN).
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Cathay cuts year-end capacity forecast; August traffic hits 2021 high
Cathay Pacific has reduced its capacity forecast for the year-end — amid ongoing travel restrictions — as the embattled carrier’s passenger numbers in August hit a new high for the year.
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HK waypoint error saw Atlas 747-8F stray toward mountain
The omission of a waypoint in the flight management system saw an Atlas Air Boeing 747-8F turn right shortly after taking off from Hong Kong International Airport, heading toward high ground on Lantau Island.
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Australia extends aviation financial aid scheme until March
The Australian government has upped financial support measures for its aviation sector, as a long-awaited international border reopening draws closer.
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Alliance Airlines in component pact with Embraer
Australia’s Alliance Airlines has entered a multi-year services agreement with Embraer related to the carrier’s fleet of E-190 regional jets.
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L-410 crash spurs consideration of night-landing ban at visual-only airports
Russian federal air transport regulator Rosaviatsia is recommending an analysis be conducted on the feasibility of banning commercial flights at night to airfields which have only visual approach capabilities and no instrument approach procedures. The recommendation to the regulator’s territorial authorities follows the fatal accident involving an Aeroservis Let L-410 ...
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US airlines could miss 2021 profit targets as end-of-year travel demand sags
US airlines may struggle to meet already trimmed 2021 financial targets due to the persistence of Covid-19, which continues eroding demand for autumn and winter travel despite a strong summer period.
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Lockheed Martin unveils ‘LMXT’ in-flight refuelling tanker
Lockheed Martin has unveiled its bid for the US Air Force’s KC-Y in-flight refuelling tanker programme: the LMXT.
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United to serve Lagos from Washington DC
United Airlines will launch flights to Lagos in Nigeria from Washington DC on 29 November.
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Administrator sets €290m starting price for Alitalia brand
Administrators for Alitalia will tomorrow launch a tender for the Italian carrier’s brand, having the set the price at €290 million ($341 million) to participate.
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US government to grant 16 Newark slots to a discount airline
The US Department of Transportation is making 16 take-off and landing slots at Newark Liberty International airport available to a single US low-cost airline.
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Airlines hail scrapping of UK ‘traffic light’ system for travel
Airlines based in and serving the UK have welcomed the decision by the country’s government to simplify its requirements for arrivals at English airports.
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Middle East funding to help Aeralis trainer take off
UK start-up Aeralis has secured a major funding boost from an undisclosed Middle East backer, plus new technical support from propulsion giant Rolls-Royce, moving its modular jet trainer concept a step closer to manufacturing reality.
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Aegean Airlines narrows second-quarter loss
Aegean Airlines has posted a pre-tax loss of €34.8 million ($41 million) in the second quarter ended 30 June, narrowing from a loss of €88.5 million in the year-ago period.
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Italy, UK to complete Meteor, Spear missile integration on F-35 fleets
BAE Systems and MBDA have been contracted to complete the integration of Meteor and Spear missiles onto the Lockheed Martin F-35 for two European operators.
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BAE picks Marshall to support Team Tempest
The UK’s Marshall has been granted delegated design authority by BAE Systems to support activities linked to the Tempest future combat air system programme.
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SIA exhausts S$8.8 billion funds from 2020 rights issue
Singapore Airlines has fully utilised the S$8.8 billion ($6.54 billion) in gross proceeds from a June 2020 rights issue.
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China Eastern talks up ambitious plans for Hainan operations
China Eastern Airlines hopes to place up to 50 aircraft at its newly-established base on Hainan island, as part of broader plans to grow its presence at the up-and-coming free trade hub.