All news – Page 753
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NewsFrench shipping giant CMA CGM to enter air cargo market with A330-200Fs
French logistics and sea transport firm CMA CGM is branching into air freight operations, with the introduction of services using four Airbus A330-200Fs. The company is establishing a new division, CMA CGM Air Cargo, which will be dedicated to air freight services. It states that the strategic move is intended ...
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NewsSpirit targets return to full capacity in summer
Spirit Airlines made a $508 million operating loss in 2020 but plans to return to full pre-pandemic capacity levels by the summer travel season and take delivery of 16 aircraft by year-end. The US low-cost carrier’s 2020 loss compared with a $501 million profit in 2019. The rising number of ...
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NewsKaman plans flight tests of optionally piloted K-Max in first half of 2021
Kaman plans to start ground and flight testing its K-Max Unmanned Aerial System in the first half of 2021.
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NewsEthiopian Airlines is ‘cash-positive’ as shift to cargo pays off
Ethiopian Airlines’ decision to temporarily convert 25 passenger aircraft for cargo operations has helped it to become “cash positive” during the Covid-19 crisis, according to the African carrier’s chief executive Tewolde Gebremariam.
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NewsBell closes on 525 certification as it sets mid-2021 deadline for FAA submission
Bell could finally gain certification for the 525 Relentless this year, ending a 10-year development effort for the super-medium-twin helicopter.
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NewsPandemic could speed up sustainable ‘reset’ of aviation: webinar
Disruptive alternative propulsion will not come to aviation in leaps and bounds, but will require time, significant investment and partnerships between major manufacturers and small, nimble start-ups
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NewsJet2 raises £422m to guard against ‘unpredictable shutdown’
Jet2 has raised £422 million ($582 million) through an equity issue aimed at ensuring it has sufficient liquidity in the event of an “extended and likely unpredictable shutdown”.
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NewsBahrain military picks up former Braathens RJ100
Bahrain’s air force is to receive another BAE Systems Avro RJ100, one of the 10 Avros which had been withdrawn from the fleet of Swedish carrier Braathens Regional Airlines. Braathens Regional had been operating eight RJ100s and a pair of RJ85s but put the aircraft on the market, through Skyworld ...
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NewsBrazilian air force KC-390 in Alaska for cold weather testing
The Brazilian air force has sent one of its Embraer KC-390 Millennium transports to Fairbanks, Alaska, for cold weather testing.
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NewsCanada approves Air Canada’s acquisition of Transat
The Canadian government has approved Air Canada’s takeover of vacation specialist Transat AT, subject to numerous conditions.
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NewsBombardier to cut 1,600 jobs and reduce manufacturing footprint in bid to slash costs
Bombardier in 2021 will eliminate 1,600 jobs, concentrate aircraft completions work in Montreal and divest real estate as part of a plan to eliminate hundreds of millions in annual costs and recapture profitability.
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NewsBombardier to cease Learjet production at year-end
By the end of 2021 Bombardier will stop producing Learjets, a brand launched in the early 1960s by Bill Lear that quickly became synonymous with luxury travel for stars and business moguls.
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NewsEuropean aviation proposes framework for net-zero CO2 by 2050
Five industry associations have joined forces to propose a plan for European aviation to reach net-zero CO2 emissions by 2050.
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NewsMEPs back plan to ease airport slot rules for summer 2021
Members of the European Parliament have backed proposals to ease slot rules for the forthcoming summer season under which airlines only have to use half their airport slots in order to retain them for the following year.
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NewsEmbattled Air Namibia recalls fleet and ceases operations
Struggling African carrier Air Namibia is cancelling all flights from 11 February, and returning its fleet to its Windhoek base. The cessation of operations for the troubled flag-carrier comes eight months after the Namibian president, Hage Geingob, told the country’s parliament that the airline should be liquidated. Geingob had made ...
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NewsStart-up Flyr plans listing on Norwegian stock exchange
Norwegian start-up Flyr will apply for a listing on the Oslo stock exchange’s Euronext Growth market as it seeks to raise NKr600 million ($70 million) from private equity investors. The airline has already secured NKr165 million from cornerstone investors, giving the airline an initial valuation of NKr750 million. Investors already ...
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NewsParis airports operator works on new plan after Charles de Gaulle expansion scrapped
Paris airports operator Groupe ADP is to work on a new development plan for Charles de Gaulle airport after the French government scrapped its existing Terminal 4 project.
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NewsEmirates chief expects ‘meaningful’ capacity return in Q4
The impact of Covid-19 variants on government-imposed travel restrictions is likely to delay a “meaningful” restart of international travel until the fourth quarter of this year, in the view of Emirates president Tim Clark.
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NewsAirbus and Air France spearhead Paris bid to advance hydrogen-hub airports
Airbus and Air France-KLM are joining airports operator Groupe ADP and other French entities to explore the use of hydrogen at Parisian airports. They are seeking projects focused on storage and distribution of gaseous and liquid hydrogen within airports, options for hydrogen recycling, and diverse uses of hydrogen in aeronautics ...
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NewsGAMECO to open up third 737-800 freighter conversion line
Chinese MRO provider GAMECO is ramping up its Boeing 737-800 passenger-to-freighter conversion capabilities, as it announces the launch of a third conversion line at its Guangzhou facility.