All news – Page 867
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News
Argentina to use pension funds to restart development of IA-100 ‘Malvina’
Argentina, which defaulted on its national debt in May, has decided to dip into its military pension and retirement fund to restart the development of its new trainer aircraft, the IA-100. The country sees its pension funds a means to develop other projects in the future.
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Hill Helicopters unveils ‘disruptive’ HX50 but has mountain to climb to bring it to market
UK start-up Hill Helicopters has revealed the first images of a clean-sheet rotorcraft it says can be delivered in 2023, as it bids to take on established players in light-single segment. However, details of key suppliers and certification process remain under wraps.
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US Navy researches long-range aerial sea mine
The service wants sea mines it can launch while out of enemy air defence reach.
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Spirit pilots agree to deal preventing 600 layoffs
Spirit Airlines’ pilots have agreed to work fewer hours as part of a deal that will prevent the airline from needing to lay off 600 of pilots.
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Virgin Atlantic creditors back rescue plan
Virgin Atlantic’s recapitalisation efforts have been boosted after creditors voted in favour of its restructuring plan.
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Qantas to cut another 2,500 jobs by outsourcing ground handling
The carrier will review operations at 10 Australian airports where ground handling is done in-house, alongside external ground handlers.
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Europe’s air travel recovery runs out of steam
The rebound in the levels of aircraft being operated in Europe has stalled, with indications that several airlines are beginning to pull back on capacity.
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Kuwaiti lessor ALAFCO defers Airbus deliveries
Kuwaiti lessor ALAFCO has reached an agreement with Airbus to defer aircraft deliveries, in the wake of the air transport downturn. ALAFCO has 75 Airbus A320neos on order, of which it has received 33. It has also yet to take delivery of any of its 10 A321neos. The lessor says ...
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Finnair to cut 1,000 jobs and continue temporary layoffs
Finnair has started negotiations to cut up to 1,000 permanent jobs – 15% of its total workforce – amid “exceptionally tight” travel restrictions in its home country.
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Finnair seals A350 sale-and-leaseback to bolster cash position
Finnair has flagged an immediate positive cash effect in excess of €100 million after finalising the sale-and-leaseback of one of its Airbus A350 aircraft.
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SAS impairs older fleet as it pushes back Airbus deliveries
SAS has pushed back deliveries of two Airbus A350-900s and eight A320neos, which will reduce the Scandinavian operator’s capital expenditure for 2021-24. But the company insists it is “still committed” to achieving an all-Airbus fleet by 2023, to reduce fuel consumption and maintenance costs. “We have made progress on our ...
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New aircraft-noise rule would do little to quiet the skies: government report
A ban on aircraft that do not meet new noise standards would do little to reduce overall aircraft noise and would impose costly requirements on airlines and aerospace manufacturers.
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Wallet, watch, mask and lots of hand sanitiser: wary passengers return to the skies
Face-masked and armed with hand sanitiser and disinfectant wipes, passengers in the USA are returning to air travel in slightly larger numbers even though coronavirus cases continue to steadily rise across the country and a possible vaccine could be months away.
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US Air Force leaders watch first Agility Prime eVTOL demonstration
Several top US Air Force leaders watched a demonstration flight of an electric-vertical-takeoff-and-landing (eVTOL) aircraft on 20 August at Camp Mabry in Austin, Texas.
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Union warns Boeing may seek concessions amid 787 production review
The union representing Boeing’s Washington state workforce has warned members that the airframer may seek to renegotiate contract terms as it considers closing one of two 787 production facilities.
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Arcus Fire and partners launch clean-sheet F-45 turboprop
UK start-up Arcus Fire has joined forces with New Zealand firms Flight Structures and Pacific Aerospace to develop a clean-sheet single-engined turboprop targeted at the firefighting, cargo and commuter airline markets.
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ExpressJet to cease operations on 30 September
ExpressJet will shutter operations at the end of next month after passenger demand sharply declined due to the coronavirus, and United Airlines decided to consolidate its regional flying with another carrier.
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In depth
BAE prepares to roll out new flight-control and energy-management systems
BAE Systems is developing a new class of flight-control and energy-management systems for the burgeoning hybrid-electric and all-electric aircraft segments.
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Serial production of Mi-35P attack helicopter starts
Russian Helicopters has begun serial production of the Mil Mi-35P after confirming the performance of the upgraded variant.
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Manchester airport shuts one of its terminals again as recovery stalls
Manchester airport is to temporarily close one of its terminals again from next month in a further sign of the slower-than-hoped-for pick-up in travel demand.