All news – Page 653
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Norway’s first P-8A Poseidon emerges from paint shop
Oslo’s first of five Boeing P-8A Poseidon maritime patrol aircraft has emerged in Royal Norwegian Air Force markings, with its maiden flight scheduled to occur within the coming weeks.
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Unfair to restrict travel to fully-vaccinated only: Walsh
IATA director general Willie Walsh believes it would be unfair to restrict air travel only to fully-vaccinated passengers, as he again urged “sensible responses” from governments to reopening air travel markets.
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Finnair predicts positive monthly cash-flow by year-end as it lifts savings target
Finnair has again raised the target for its permanent cost-base reduction, intending to reach a savings figure of €200 million ($237 million) from 2022 compared with 2019 levels. This is the fourth time Finnair has raised the target since it put forward original planned savings of €80 million just over ...
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Vietnam Airlines to sell ATR 72 fleet, raise D8 trillion
Vietnam Airlines will sell its fleet of ATR 72s and seek replacement regional jet aircraft, as part of efforts to improve its competitiveness in the regional market.
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Sydney Airport rejects ‘opportunistic’ A$22.3 billion takeover bid
The operator of Sydney Airport has rejected a A$22.3 billion ($16.6 billion) takeover bid mounted by a group of infrastructure investors, slamming the move as “opportunistic” and “not in the best interest” of its shareholders.
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Why visionaries think small electric aircraft can revolutionise regional air travel
If all goes to plan, by this time next year Canadian regional carrier Harbour Air will make history as the first airline to fly paying passengers on an all-electric aircraft.
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The USA should invest in electric regional aircraft – not high-speed rail
In earlier decades, there wasn’t a workable and environmentally friendly alternative to high-speed rail. That is no longer the case.
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Northrop Grumman breaks ground on hypersonic missile design and production facility
Northrop Grumman has started construction of a “Hypersonics Center of Excellence” in Elkton, Maryland that will house the company’s hypersonic missile design, development and production work.
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Wheels Up becomes public company, raises $650m
US private-aviation services provider Wheels Up became a publicly traded company on 14 July, generating $650 million through a stock offering the company says will help fund accelerated global growth and technology investment.
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Industry confident of meeting net-zero carbon goal, panel insists, but SAF scale-up is key
Representatives from three distinct industry segments have underlined their belief that aviation can meet its goal of net-zero carbon emissions by 2050, but stress that there is no single route to achieving that aim.
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Delta eyes continued financial recovery in second half of 2021
Delta anticipates its business will continue improving in the third quarter, with revenue and capacity expected to creep closer to 2019 levels thanks partly to strong demand for travel within the USA and to Latin America.
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IATA unhappy as EU proposes tax on aviation fuel
Airline industry association IATA has criticised European Commission proposals to tax the jet kerosene used for intra-bloc flights, suggesting its focus should instead be on other sustainability measures.
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Ryanair loses Austrian state-aid case
Ryanair has lost a legal challenge against the provision of financial support to Austrian Airlines on state-aid grounds.
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Delta returns to profit in Q2 with help from US government payroll grants
Delta Air Lines returned to the black posting a $652 million profit in the second quarter, aided by $1.5 billion in US government Covid-19 support,
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Ecosystem management crucial to achieving EU sustainable fuel targets
Senior aerospace technology figures believe government incentives and co-ordination will be vital to achieving the sustainable aviation fuel targets newly laid down by the European Union, pointing out that the fuel ecosystem – rather than the technology – is the crucial aspect. Under the EU proposal the share of sustainable ...
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Plea for industry to collaborate on green targets
Panelists at Farnborough Connect webinar say progress will be made despite considerable technological challenges.
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Air Astana swings to modest half-year profit
Kazakhstan’s Air Astana Group posted a net profit of $4.9 million for the first six months of 2021, swinging from a loss of $66.2 million in the same period in 2020.
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Airframers see analytical approach key to industry response to Covid
Airbus and Boeing executives believe the analytical and data-driven approach the industry has taken to demonstrate aircraft are safe to fly since the pandemic hit will remain key in supporting the further reopening of air travel.
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Lock pin inserted in wrong slot before BA 787 on-stand nose-gear retraction
UK investigators have disclosed that ground personnel inserted a Boeing 787-8 downlock pin into the wrong location before the British Airways aircraft suffered an inadvertent nose-gear retraction at London Heathrow. The accident involving G-ZBJB occurred on 18 June at Heathrow stand 583 as the aircraft was being prepared for a ...
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‘I will not forget the lessors who have treated us badly’: AirAsia chief
AirAsia Group chief executive Tony Fernandes says he has found it “painful” how some unnamed lessors have treated the business during the Covid-19 crisis.