All news – Page 763
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Southwest posts full-year loss for the first time since 1972
Southwest Airlines lost $908 million in the fourth quarter of 2020, bringing the airline’s full-year loss to $3 billion – the first time in 47 years that the carrier ended the year in negative earnings territory.
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Ju 52 fatal crash probe uncovers atrocious catalogue of safety violations
Swiss investigators have concluded, in a damning inquiry, that a Junkers Ju 52 on a pleasure flight stalled after the crew flew it into a narrow valley at low altitude, at a dangerously low airspeed and with its centre-of-gravity out of limits. The crew intended to exit the valley via ...
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JetBlue lost $1.4bn in 2020
JetBlue Airways lost $1.4 billion in 2020, but is stressing that network and fleet shifts should position it to perform well when the air travel market recovers.
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PSA Airlines grounds ‘most’ of CRJ fleet for inspections
US regional carrier PSA Airlines has removed “most” of its fleet of MHIRJ CRJ-series regional jets from service so as to inspect nose landing-gear doors.
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American posts $2.2bn Q4 loss, bets on vaccinations
American Airlines says it lost $2.2 billion during the fourth quarter of the year, bringing its full-year loss to $8.9 billion as the coronavirus continues to plague the industry.
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Most commercial pilots no longer flying
A survey highlights the sudden economic and psychological impact of the Covid-19 pandemic on cockpit professionals, with only 43% still doing the job for which they trained.
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IndiGo narrows losses in third quarter
Indian low-cost carrier IndiGo posted another loss in the third quarter of its financial year as revenues slumped by half on capacity cut 40%, though figures did mark some improvement on the previous quarter. In a stock-market announcement today, the airline’s parent Interglobe Aviation disclosed a pre-tax loss of Rs6.2 ...
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Controlling out-of-trim 737 Max will not require ‘exceptional’ strength
Critical to pilots’ acceptance of the Boeing 737 Max’s re-entry into service is the assurance that a serious out-of-trim situation can be easily resolved without the risk of manual controls becoming impossible to manipulate owing to aerodynamic forces. Not only will aircraft need to be modified but Max simulators will ...
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Europe’s air traffic outlook a ‘complete disaster’ until at least April
Europe faces a “quickly deteriorating” situation in terms of falling air traffic during the first quarter, with competing “reasonable” assumptions regarding a significant improvement or otherwise from April onwards, according to the latest short-term forecast data from Eurocontrol.
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DLR to develop large-scale synthetic fuel production concept
German aerospace research centre DLR has been engaged by the country’s government to develop a concept for large-scale synthetic fuel production, including a plan for a pilot facility.
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Singapore Airlines to fly first redeployed SilkAir 737-800 in March
Singapore Airlines will begin operating the first of nine ex-SilkAir Boeing 737-800s from March, as it expects the integration of the latter into mainline operations to be completed by April 2022.
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EasyJet operating 10% capacity but eyes chances to pounce
EasyJet expects to operate only around 10% of its capacity during the first quarter of the calendar year as travel restrictions tighten, but believes it can quickly capitalise on opportunities at key airports where rivals have retrenched. In a trading update today, the UK low-cost carrier says it carried almost ...
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IATA warns that paper tests for Covid-19 are open to fraud
IATA is urging governments to embrace digital platforms for Covid-19 testing as it warns that paper-based tests are vulnerable to fraudulent results.
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Thai granted final extension to submit rehabilitation plan
Thai Airways International’s submission of its rehabilitation plan is being delayed a second time after it won approval to submit the plan an additional month later.
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Wizz Air optimistic that 2021 will be ‘transition’ year
Central European budget carrier Wizz Air is expecting travel limitations to continue impacting capacity levels over much of the its fiscal fourth quarter – the three months from January to March – but adds that 2021 will be a “year of transition” as restrictions ease. Wizz Air gave the outlook ...
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Airbus, RAAF to support A330 MRTT boom through data partnership
Airbus Defence & Space has secured a contract from the Royal Australian Air Force (RAAF) to use data analytics to better support the air refuelling boom system used by the service’s A330 multi-role tanker transports.
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Qantas, BP in SAF, emission reduction partnership
Qantas and fuel giant BP will explore carbon emission reductions and sustainable aviation fuel development.
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Cathay Pacific to raise $869m from convertible bonds due 2026
Cathay Pacific is issuing HK$6.74 billion ($869 million), 2.75% guaranteed convertible bonds due 2026.
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Air New Zealand backs Wellington’s biofuel mandate
Flag carrier Air New Zealand is backing the government’s in-principle decision to implement a biofuels mandate aimed at reducing carbon emissions in the transport sector, as part of the country’s goal to reach net-zero carbon emissions by 2050.