All news – Page 821
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NewsChina Southern first among ‘Big Three’ to return to profitability since pandemic began
China Southern Airlines became the first of China’s three largest carriers to report a quarterly operating profit since the coronavirus outbreak began, breaking its loss-making streak in the first half of the year. Its compatriots Air China and China Eastern Airlines, while still in the red for the three ...
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NewsEl Al chief Usishkin to step down in January
Israeli flag-carrier El Al’s chief executive, Gonen Usishkin, is to step down from his position in January next year, three months after a board shake-up by the airline’s new controlling shareholder. Usishkin was named as the airline’s head in early 2018. He oversaw the transformation of El Al’s fleet, as ...
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NewsBell approved to sell two 412EPI and two 429 helicopters to Guyana
The US Department of State has approved the possible Foreign Military Sale of two Bell 412EPI and two 429 helicopters to the government of Guyana for an estimated $256 million.
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NewsUS Navy starts virtual flight training on Boeing MQ-25A unmanned tanker
US Navy unmanned air vehicle operators from the service’s developmental test squadron and operational test squadron recently learned to fly the Boeing MQ-25A Stingray unmanned in-flight refuelling tanker on a desktop-based simulator.
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NewsVueling pursues better maintenance control via ‘big bang’ project
Spanish budget carrier Vueling is in the process of constructing a spare-parts warehouse at its Barcelona hub as part of a wider project to insource critical maintenance management activities.
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NewsCargo pilots’ union blasts UPS for inadequate coronavirus protections
The head of the Independent Pilots Association, the union representing pilots at international cargo carrier UPS Airlines, says that the coronavirus could have a “significant impact” on the airline’s operations and sharply criticises the company for neglecting to keep cockpit crew safe from the highly-contagious virus.
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NewsDomestic demand bolsters Aeroflot revenue
Russian carrier Aeroflot saw quarter-on-quarter rises in passenger demand and revenue during the three months ended 30 September, underpinned by strong domestic demand. Although third-quarter revenue was down 67% on last year’s, at Rb55.2 billion ($695 million), the carrier notes that load factors and yields were at “comparable levels”. Still, ...
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NewsLosses prompt IAG review of fuel hedging
IAG is examining its policy of taking out fuel hedges following massive losses from the financial instruments.
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NewsCrisis helped engine OEMs clear modification backlog
The air transport crisis has helped engine makers Pratt & Whitney and Rolls-Royce to catch up with modifications to resolve in-service issues with their respective PW1000G and Trent 1000 programmes.
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NewsSpirit completes Bombardier aerostructures acquisition
Spirit AeroSystems has completed its acquisition of Bombardier’s aerostructures and aftermarket services businesses.
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NewsRomanian budget carrier Blue Air to add Heathrow and Frankfurt
Romanian low-cost carrier Blue Air is to switch its London flights to Heathrow from December and launch Frankfurt services next summer as it bids to challenge network carriers in their hubs. Blue AIr has served London Luton airport since 2012, but will begin Bucharest to Heathrow flights from the start ...
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News‘Debates remain’ with government on bailout deal: KLM chief
KLM chief executive Pieter Elbers says the carrier is continuing discussions with the Dutch government over the approval of its bailout deal, amid reports that the airline’s proposals have been rejected.
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NewsIAG looks to seal restructuring agreement with BA cargo operation
IAG is turning to attention to securing personnel agreements with British Airways’ freight-handling operation, in order to round off its cost-saving and restructuring measures. Chief executive Luis Gallego, speaking during a third-quarter briefing, said that the company had achieved substantial savings at the UK flag-carrier but “still has to close ...
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NewsComair restart hopes boosted by competition commission backing
Comair’s efforts to resume operations have been bolstered after competition regulators backed a consortium’s proposed bid to acquire the South African carrier from business rescue.
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NewsSafran targets 2024 for Leap delivery rebound
Safran is hopeful that deliveries of CFM International Leap engines can return to 2019 levels by 2024, although it stresses that this hinges on the ramp-up of the Boeing 737 Max.
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NewsAir France-KLM laments fresh lockdown as Q3 loss tops €1bn
The new lockdown imposed by the French government amid rising cases of coronavirus across the region will weigh on Air France-KLM’s performance through the fourth quarter of this year.
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NewsSonaca to develop airframe for VoltAero Cassio hybrid
Belgian aerostructures manufacturer will transition dual-powered concept into production-ready aircraft, says start-up.
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NewsIndian govt sweetens Air India sale terms, extends bid deadline
The Indian government has changed the rules for the Air India bidding process and again extended the timeline, hoping to garner more interest in a sale of the carrier. The government is now inviting bids at enterprise value, on an equity and debt basis, civil aviation minister Hardeep Singh Puri ...
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NewsJAL to reduce 777 fleet amid swing to steep first-half loss
Japan Airlines will retire up to 24 of its Boeing 777 aircraft over the next three years, as it battles the coronavirus crisis that saw it rack up significant losses for its half-yearly results. Elaborating on its future fleet plans, the Oneworld carrier states that 11 777-200ERs used in its ...
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NewsIndiGo will continue to honour all lease payments: CFO
IndiGo will continue to honour all of its lease rental payments to lessors and has not been delaying any payments, the carrier’s chief financial officer said in a 29 October earnings call. “We are current on all our lease costs and there is no renegotiation to reduce the lease costs. ...