All news – Page 817
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News
F-35 gives European air forces an edge over Russia, but coordination is key
The growing number of Lockheed Martin F-35 Lightning II stealth fighters possessed by European air forces would give the NATO alliance an edge over Russia in high-intensity conflict.
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Analysis
Lessors submit proposals to Thai Airways – reluctantly
Thai Airways’ lessors were given a 4 November deadline to tell the carrier what by-the-hour rates, rental haircuts, and other concessions they would be willing to offer the struggling flag carrier to help with its restructuring. Sixteen lessors have exposure to the airline and its subsidiaries, to the tune of ...
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News
Embraer and Porsche team up to sell Phenom-911 combos
Embraer and Porsche have launched a limited-edition vehicle couple they call “Duet”, available for delivery beginning in mid-2021.
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News
Lawsuit seeks to force release of FAA’s 737 Max ‘ungrounding’ documents
A US advocacy group has asked a federal judge to order the Federal Aviation Administration to release some 100 documents related to the agency’s pending re-certification of the Boeing 737 Max.
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News
Cockpit union dissuades prospective pilots from enrolling to train
UK cockpit crew representatives have taken the unusual step of warning against embarking on a career as a commercial pilot, given the expense and diminished prospects of employment. The UK pilot union BALPA says the crisis means there are fewer jobs for cockpit crew, and competition for places will be ...
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News
Germany closes on order for new batch of 38 Eurofighters
Germany is expected to sign in the coming days for a batch of 38 new Eurofighters to replace its earliest Tranche 1 examples. Parliamentary approval for the deal was secured on 5 November, and Berlin will now proceed with what it refers to as Project Quadriga, says the nation’s defence ...
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News
Fresh lockdown prompts British Airways to suspend Gatwick flights
British Airways is suspending flights at London Gatwick airport as a result of the fresh national lockdown in the UK which took effect today. The Oneworld carrier, which consolidated flights at London Heathrow airport during the first wave of the pandemic earlier this year, says it is reducing flights at ...
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News
UK fraud investigators probe Bombardier over Garuda Indonesia deals
UK fraud investigators are probing aircraft manufacturer Bombardier over contracts relating to Asian carrier Garuda Indonesia. The Serious Fraud Office states that it is investigating the manufacturer over “suspected bribery and corruption” in connection with orders or agreements with Garuda. It has not elaborated on the probe, pointing out that ...
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News
Lufthansa outlines long-haul fleet plan for Eurowings
Lufthansa Group foresees that Eurowings will operate no more than seven long-haul aircraft in 2021 amid plans for the low-cost subsidiary’s intercontinental operations to be consolidated in new unit Ocean.
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News
Bombardier plans restructuring as it transitions to aviation-only company
Bombardier has broadly laid out a plan to return to profitability in the coming years as a standalone aviation company that will deliver 100 to 120 business jets annually.
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News
Iberia deploys first converted Airbus A330 freighter
Iberia has put its first converted Airbus A330 freighter into service, operating on flights between Madrid and Los Angeles.
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News
Norwegian debt-equity swap follows 90% fall in October traffic
Scandinavian low-cost carrier Norwegian has converted another €1.7 million ($2 million) of debt into equity after perpetual bondholders agreed to swap loans for shares. The bonds are being converted into nearly 4.6 million new, freely tradeable shares in the company, states Norwegian in a 5 November notice to the Oslo ...
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News
Wizz maintains focus on A321neo as fleet expansion slows
Wizz Air’s latest fleet plan projects a slower overall increase in the number of aircraft, compared with the beginning of this year, but with a focus on expanding the A321neo rather than the A320neo fleet. At the beginning of 2020, before the onset of the air transport crisis, the carrier ...
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News
Air cargo demand helps Korean to Q3 operating profit
Air cargo demand helped Korean Air eke out an operating profit of W7.6 billion ($6.5 million) in the third quarter — its second consecutive profitable quarter since the coronavirus struck — but its overall revenue was down more than half from a year earlier. The W7.6 billion operating result for ...
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News
Lufthansa to scale winter capacity back after further losses in third quarter
Lufthansa Group will cut capacity to no more than a quarter of previous-year levels for the rest of the 2020 after disclosing a third-quarter net loss of almost €2 billion ($2.3 billion).
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News
Rex takes its first 737-800
Australia’s Regional Express (Rex) has taken delivery of its first of six Boeing 737-800 aircraft, as it mulls taking up to 10 examples by the end of 2021. The aircraft, stripped of its previous livery save for a ring of red round the engine nacelles, arrived in Sydney on 5 ...
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News
Tu-160M takes flight with updated engines
The Tupolev Tu-160M strategic bomber has conducted its first flight using updated United Engine Corporation NK-32-02 engines. The flight lasted for 2h 20min and the aircraft reached an altitude of 19,700ft, according to Russian defence holding company Rostec. Source: United Aircraft Corporation The Tu-160M flying with updated NK-32 ...
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News
Wizz Air confident of surviving worst-case winter
Budget carrier Wizz Air is confident that it would be able to survive a severe deterioration in the air transport crisis, having considered scenarios in which the entire fleet had to be grounded for the second half of the year. Wizz Air turned in a net loss of €243 million ...
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News
Thai puts 34 aircraft on sale, including entire 747 fleet
Embattled Thai Airways has put up its entire Boeing 747 and its 777-200/300 fleet up for sale, as it aims to raise cash amid a long-drawn business rehabilitation process. The Star Alliance carrier disclosed on its aircraft trading website that 34 aircraft from its fleet will be put up for ...
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News
AirAsia X makes creditor status concession to Malaysia Airports
AirAsia X (AAX) has agreed to classify Malaysia Airports as a secured creditor, as it seeks to expedite its massive debt restructuring programme. “After consultation, AirAsia X has accommodated [Malaysia Airports] and made certain clarifications and revised the scheme under two separate classes ’A’ and ‘B’,” says the carrier in ...