All news – Page 641
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Iberia and Vueling spearhead fleet and crew readiness
IAG carriers are potentially able operate up to 75% of 2019 capacity by the fourth quarter of this year, with the Spanish airlines Iberia and Vueling in the best readiness positions. Iberia’s entire long-haul and short-haul fleet is operationally ready, as it its full pilot and cabin crew complement, although ...
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IAG outlines latest forecast on capacity recovery
IAG is forecasting that capacity will reach 45% of 2019 levels in the third quarter of this year and recover to 91% by the fourth quarter of 2022. But the company is not providing any profit guidance for the full year 2021, citing uncertainty over the timing for lifting of ...
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ANA narrows Q1 losses amid continued Covid-19 pain
All Nippon Airways parent ANA Holdings saw operating losses narrow to Y64.6 billion ($584 million) for the first quarter of its 2021 financial year, as the coronavirus pandemic continued to weigh on air travel demand.
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Spanish carriers lead IAG recovery as restrictions impede BA and Aer Lingus
Spanish airlines Iberia and Vueling generated the greatest reductions in operating loss over IAG’s first half, which the group attributes to fewer travel restrictions and stronger demand in the Latin American and Spanish markets. Iberia cut its first-half operating loss by 62% to €330 million ($392 million) with Vueling managing ...
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Airlines pull out of Nanjing airport amid surge in infections
Airlines have cancelled flights in and out of the Chinese city of Nanjing, the epicentre of a fast-growing coronavirus cluster which has spread to capital Beijing and five other provinces.
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Fiji Airways returns two A330-200s to lessor
Fiji Airways is returning a pair of Airbus A330-300s as it works to reduce fixed costs amid the continued impact of the coronavirus pandemic.
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Leonardo aims to finish first AW609 tiltrotor production example by end of 2021
The initial commercial rotorcraft is in final assembly at the manufacturer’s Philadelphia facility.
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SkyWest sees continued improvement in Q2
SkyWest Airlines saw continued improvement in the second quarter of 2021, and expects to reach pre-pandemic flying levels by the first part of 2022.
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Presidential Rombac One-Eleven donated to Romanian aviation museum
Romania’s national aviation museum has formally received a licence-built Rombac One-Eleven, formerly in the presidential fleet of dictator Nicolae Ceausescu, donated following a 27 May auction. Rombac locally licence-built the UK’s BAC One-Eleven. The auctioned aircraft (YR-BRE) was manufactured in 1986 and served as the presidential transport from 1986 to ...
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Hybrid airship developer HAV to float in IPO
Hybrid Air Vehicles (HAV), the designer of the Airlander 10 hybrid airship, is to seek a US public listing backed by a $200 million stake from investment firm Global Emerging Markets (GEM).
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Strong defence sales offset Leonardo’s flagging civil aerostructures business
Civil aerostructures was the only brake on growth in a strong first half for Italian aerospace and defence champion Leonardo.
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American takes minority stake in Indigo Partners’ JetSmart
American Airlines plans to take a minority stake in low-cost carrier JetSmart in order to broaden its network in Latin America further and help fuel the Chile-based carrier’s growth.
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Gol recovery on track as Brazil vaccinations climb: CEO
Brazil’s Gol experienced increased customer demand in the second quarter as the rate of vaccination against the Covid-19 virus also rises in the vast Latin American country.
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Sun Country will buy used aircraft – even if not yet needed
Sun Country Airlines is prepared to buy aircraft – even if it does not yet need them – to meet its goal of having 50 passenger aircraft by the end of 2023.
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Spirit Airlines loses $288m loss in ‘challenging’ Q2
Spirit Airlines says the second quarter of 2021 was “challenging” as the industry slowly bounces back, and that it still faces a “choppy recovery”.
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Profit jumps in second quarter at Textron Aviation as aircraft demand rebounds
Textron Aviation’s profits jumped in the second quarter to $96 million as the company’s aircraft deliveries neared pre-pandemic levels.
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UK aviation regulators and accident investigators extend remit to spaceflight
UK civil aviation regulators and accident investigators are to extend their authority to the spaceflight sector under a new broadening of their remit. Under the new regime the Civil Aviation Authority has initiated a system allowing commercial spaceflight companies – with a variety of launch vehicles – to apply for ...
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Britten-Norman to sell on former UK military Islanders
Rolls-Royce-powered turboprop BN2T-4S has been in service with armed forces since 2004, and nine examples will be refurbished and offered to export market by manufacturer.
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Airbus chief hints at frustration over supplier concerns with A320 ramp-up
Airbus chief executive Guillaume Faury has revealed signs of irritation over apparent supplier concerns with single-aisle ramp-up targets, stressing that the airframer has been transparent over its production-rate plans. The airframer brought monthly A320-family production down to just 40 aircraft last year but is intending to take this output to ...
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Singapore Airlines narrows quarterly loss as revenue ticks upward
Singapore Airlines Group narrowed its first-quarter losses on the back of revenue increase, though it warns that new coronavirus variants and fresh infection waves could dampen recovery momentum.