All news – Page 790
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NewsUral unveils crisis-driven losses for first nine months
Ural Airlines has revealed a pre-tax loss of RB4.5 billion ($61 million) for the first nine months of the year, as Russian air transport embarks on its recovery from the pandemic crisis. The figure, to 30 September, contrasts sharply with the previous year’s Rb3.4 billion profit for the same period. ...
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AnalysisWill scars from US sanctions drive Indonesia to buy Rafale?
Indonesia needs new fighter aircraft, that much is clear, but its traditional appetite for buying both Russian and US hardware may have been supressed by fears of Washington’s policy whims, potentially opening the door to France and the Dassault Rafale.
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NewsCathay Pacific appoints new chief financial officer
Hong Kong flag carrier Cathay Pacific’s chief financial officer Martin Murray is stepping down in January after more than nine years in the role.
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NewsMC-21 with Russian-built PD-14 engines carries out maiden flight
Irkut has carried out the maiden flight of the MC-21-310, the version of the twinjet powered by Russian-built Aviadvigatel PD-14 engines. The flight – with aircraft number 73055 – took place from Irkutsk aviation plant’s airfield on 15 December and lasted about 1h 25min. It was crewed by two test ...
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NewsSingapore to allow business travel with movement restrictions
Singapore will allow short-term business travel without quarantine, starting January, but with strict restrictions on travellers’ movements.
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NewsLessor DAE delivers 737 Max 8 to American Airlines
Lessor Dubai Aerospace Enterprise (DAE) has delivered a Boeing 737 Max 8 to American Airlines, the first of 18 737 Max 8s acquired under a sale & leaseback (SLB) deal. DAE adds that the SLB for the 18 aircraft took place during the third quarter, with the delivery of the ...
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NewsKorean Air, Asiana Airlines streamline check-in processes
Korean Air and Asiana Airlines are launching an inter-airline through check-in (IATCI) service from today.
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NewsF-22, F-35A and XQ-58A attempt airborne data sharing via gatewayONE
The US Air Force F-22 Raptor, F-35A Lightning II and Air Force Research Laboratory XQ-58A Valkyrie flew in formation for the first time on 9 December at Yuma Proving Ground in Arizona.
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NewsSaab offers two aerospace centres in Gripen E proposal for Canada’s Future Fighter
Saab is offering to open two new aerospace centres as part of its Gripen E proposal for Canada’s Future Fighter Capability Project.
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NewsTransat warns of ability to remain ‘going concern’, eyes Air Canada lifeline
Transat AT, owner of Canadian leisure carrier Air Transat, has warned investors about its ability to remain in business “as a going concern” if a planned acquisition by Air Canada falls through.
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NewsFAA clears pilots to receive Pfizer vaccine
The Federal Aviation Administration is allowing pilots to receive Pfizer’s Covid-19 vaccine, so long as they wait 48h before returning to the cockpit.
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NewsCroatia Airlines to receive Kn600m through capital injection and loan
Participants in a Croatia Airlines extraordinary assembly have approved an increase in the airline’s share capital through the issue of new shares to the Croatian government. The decision was made during the assembly on 14 December. Under the measure 35 million ordinary shares will be issued, with a nominal value ...
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NewsAirAsia X plans stock issue to raise funds while cutting share capital
Long-haul budget carrier AirAsia X is planning to broaden the extent of a planned capital reduction, and raise additional funding through a new share issue. AirAsia X aims to raise RM300 million from current shareholders plus another RM200 million from new investors – a total of RM500 million ($123 million). ...
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NewsTamarack calls attention to factors contributing to a 2019 Cessna CJ1+ incident
Winglet maker Tamarack Aerospace is stressing that several factors other than erroneous deployment of a control surface contributed to a 2019 incident involving a Cessna Citation CJ1+.
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NewsMontreal’s aerospace industry to partner with Nagoya’s aviation cluster
Quebec’s aerospace industry has partnered with the aerospace cluster in Japan’s Aichi prefecture, home to Japanese aerospace company Mitsubishi Aircraft in the industrial city of Nagoya.
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NewsCorsair secures state aid as Intro and TUI sell stakes
The Europe Commission has approved €136.9 million ($166 million) in state aid for French leisure carrier Corsair.
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NewsVirgin Atlantic cancels launch of Delhi and Mumbai flights from Manchester
Virgin Atlantic has cancelled the launch of services between Manchester airport and the Indian cities of Delhi and Mumbai. “We are continuously reviewing our flying programme and in response to the ongoing impact of Covid-19 we have made the difficult decision to withdraw our Manchester to Delhi and Mumbai services, ...
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NewsElbit secures Romanian IAR-99 avionics contract
Elbit Systems has been awarded a contract worth $27 million for its role in a project to upgrade the Romanian air force’s IAR-99 Standard jet trainers.
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NewsReturn of 737 Max marks just one of Boeing’s comeback challenges for 2021
Boeing’s troubles are far from solved, but the events of 18 November 2020 at least cleared a cloud that had overshadowed the Chicago airframer for 20 months.
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NewsAzores’ SATA faces extensive restructuring as financial aid ruled illegal
Azorean carrier SATA Air Acores is facing the prospect of substantial restructuring after European regulators declared that a previous government’s capital injections to the company amounted to illegal state aid. The Portuguese archipelago’s secretary for finance, Joaquim Bastos e Silva, has disclosed during a legislative assembly that nearly €73 million ...