All news – Page 82
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News
Lynx owes Indigo C$124m amid insolvency due to Max grounding and pandemic: court papers
Canadian start-up carrier Lynx Air attributes its descent into insolvency to factors including the grounding of Boeing’s 737 Max, Covid-19 travel restrictions and surging fuel prices.
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News
Play seeks further investor engagement as largest shareholders commit to extra funding
Icelandic budget carrier Play is to hold talks with other investors after its largest shareholders subscribed to new shares worth IcKr2.58 billion ($18.7 million). The airline, in early February, stated that it was seeking new share capital of IcKr3-4 billion to reinforce its cash position. It has since secured binding ...
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News
Loganair names new chief executive
Scottish regional carrier Loganair has appointed Luke Farajallah as its new chief executive following the recent departure of Jonathan Hinkles.
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News
Canada’s Chorus turns C$106 million profit in 2023 as all segments remain strong
Canada’s Chorus Aviation said its 2023 profit more than doubled year on year to C$106 million as all three segments of the company posted gains.
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News
LATAM improves earnings on strong international and domestic passenger demand
LATAM Airlines Group posted improved fourth-quarter and full-year earnings as international capacity surged and domestic demand also remained strong.
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News
Unapproved parts scandal spurs creation of aerospace supply-chain task force
Airframers and engine suppliers, as well as other representatives of the aerospace industry, have established a joint organisation intended to tackle the problem of unapproved parts. Airbus and Boeing, along with CFM International partners Safran and GE Aerospace, are among the founding partners of the Aviation Supply Chain Integrity Coalition. ...
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News
Kuwaiti lessor ALAFCO considers future as it sells 23 more jets to Macquarie
Macquarie Airfinance is to take another 23 aircraft, including five widebodies, from ALAFCO’s portfolio, bringing the total it is acquiring from the Kuwaiti lessor to 76.
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News
Hungary to take four more Gripen Cs under deal with Sweden
Hungary has signed a contract to take another four Saab Gripen C fighters from Sweden, in a move that will increase its fleet of the type to 18.
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Analysis
High-flying AALTO preparing to meet stratospheric demand for Zephyr services
After years of development and testing activity, UK-based Airbus subsidiary AALTO is gearing up to meet what it believes will be stratospheric demand for its game-changing Zephyr.
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News
RAF starts exploring Hawk T2 replacement options to support GCAP fleet
The UK Royal Air Force (RAF) is starting to assess its pilot training needs regarding the future Global Combat Air Programme (GCAP), having determined that its current BAE Systems Hawk T2s will not be suitable for the task.
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News
Finance chief Steenbergen to leave as Lufthansa Group restructures management
Lufthansa Group chief financial officer Remco Steenbergen is to leave the European airline group as part of series of executive changes which also include the appointment for former Airbus and Rolls-Royce executive Grazia Vittadini as its new technology chief.
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Opinion
C919 debut in Singapore highlights China’s hunger for success
The Singapore air show was notable for featuring the first international displays by China’s homegrown C919 airliner. Is it time for the ‘big two’ western airframers to start worrying?
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In depth
We fly Mwari, Paramount’s low-cost warrior with a big spirit
Paramount has begun delivering the strikingly-styled and highly versatile Mwari light tactical aircraft to its first two African customers. We put the low-cost warrior through its paces.
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Opinion
How additive manufacturing can help to transform the aerospace sector
Additive manufacturing will allow the aerospace industry to tackle supply chain challenges and work towards a greener future, argues John Stretton.
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Analysis
How reshaped flight simulator market is adapting to change
Despite a consolidation spree in full flight simulator manufacturing, with several big aerospace names exiting the market, there are still small rivals keen to challenge the status quo.
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Interview
Lou-Ann Seet and the power of networking
Lou-Ann Seet believes that the biggest challenge facing women who want a career in aviation is the lack of a network, a problem she is working to address through the Singapore chapter of Women in Aviation International.
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News
Russian regulator urges de-icing caution after detailing more 737 engine-surge occurrences
Russian authorities have discovered that at least one other Boeing 737 operator has encountered engine instability arising from blade contamination during winter operations. Federal air transport regulator Rosaviatsia states that a 737-800 of Smartavia was involved in an occurrence on 16 January while undergoing maintenance. It says the aircraft (RA-73654) ...
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Analysis
Can Boeing steady the ship after bumpy start to 2024?
It is clear that Boeing needs to do something to turn around its fortunes, but exactly what that something should be remains a subject of debate among the people who follow and work with the US aerospace giant.
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News
Lynx Air to cease operations due to high costs and stiff competition
Canadian start-up carrier Lynx Air is ceasing operations on 26 February, citing financial pressure in the highly competitive low-cost segment.
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News
LCI adds to Leonardo orderbook with deal for up to 21 helicopters
Lessor LCI has disclosed a commitment for up to 21 rotorcraft from Leonardo Helicopters under a new framework agreement.