All news – Page 883
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News
Safran slashes Leap output to just 800 engines this year
Engine joint venture CFM International will deliver just 800 Leap-series powerplants this year – a further output reduction on previous forecasts, and a figure lower even than 2019’s first-half total.
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ARJ21 conducts flight testing at world’s highest airport
Comac has completed flight-testing of its ARJ21 regional aircraft at Daocheng Yading airport — the world’s highest civilian airport — in Sichuan province. The Chinese airframer says test aircraft 103 performed take off and landing tests at the airport, before returning to Shanghai. Source: Comac Comac completed high-altitude ...
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Boeing responds to Australian trainer RFI with T-7 information
Boeing is pitching the T-7 as a replacement for Canberra’s Hawk 127s.
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Myanmar further extends international flight ban to end-August
Myanmar has further extended a ban on all international flights to the end of August. “In order to continue to [curb] the spread of Covid-19 in Myanmar effectively, the National Central Committee for Prevention, Control, and Treatment of Covid-19 has decided to further extend the effective period of the temporary ...
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Airbus impairs inventories ‘at risk’ as stored aircraft level rises
Airbus has recorded a near-€300 million charge for impairment of inventories considered at risk, as stored aircraft continue to push up its inventory level. The airframer reveals in its first-half accounts to 30 June that its inventories stood at €37.5 billion – up by nearly €6 billion on the figure ...
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Prolonged 737 Max grounding, pandemic punish SpiceJet earnings
India’s SpiceJet has incurred more than Rs6.7 billion ($89.6 million) in costs from the year-long global grounding of the Boeing 737 Max. Taken together with the impact from the coronavirus outbreak, which has dented passenger travel demand, SpiceJet saw losses widen for the year ended 31 March. The low-cost carrier ...
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Airbus trims A350 rates again as crisis becomes ‘visible’ in second quarter
Airbus is trimming A350 production rates, to five aircraft per month from six, in a further adjustment to its output in the face of weak air transport market demand. The airframer has disclosed that some 145 commercial aircraft went undelivered during the first half of this year, as a result ...
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News
HAECO parts out first A320 following CAAC nod
HAECO’s Xiamen unit has started disassembly works on its first A320 (MSN 0950), after the Civil Aviation Administration of China (CAAC) gave its approval to do so. Cirium fleets data indicates that the aircraft was delivered to China Southern Airlines in 1999, before being bought by Jiangsu YanWu Aviation Investment ...
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Pandemic torpedoes IndiGo profitability
Indian low-cost carrier IndiGo plunged deeper into the red in its latest quarterly financial results, amid a collapse in revenue from the coronavirus outbreak. For the quarter ended 30 June, IndiGo reported an operating loss of Rs28.4 billion ($380 million), reversing the INR15.1 billion profited it made last year. The ...
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In depth
Analysts view Charleston as central to 787’s future as Boeing CEO urges patience
Boeing’s chief executive has cautioned against speculation that the company’s 787 production review will culminate in an eventual shift of all 787 work to South Carolina. But analysts view Boeing as heading in that direction.
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Allegiant loses $93 million in ‘most turbulent’ quarter
Allegiant Travel Company, parent of ultra-low-cost carrier Allegiant Air, reported a $93 million loss in the second quarter as the coronavirus pandemic ravaged the air transport industry during the period.
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Uncoordinated government response to coronavirus hinders recovery: experts
As the coronavirus pandemic drags on, air passengers have become accustomed to social distancing rules and other safety measures, but industry experts say uncoordinated government responses continue to prevent the industry from meaningful recovery.
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Boeing aims to deliver ‘majority’ of 450 stored 737 Max within one year
Boeing intends to deliver most of its 450-strong 737 Max stockpile within one year of resuming deliveries of the still-grounded jet.
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AerCap cancels 15 737 Max orders
Aircraft lessor AerCap has cancelled orders for 15 Boeing 737 Max, becoming the latest Boeing customer to nix orders for the still-grounded jet.
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GE Aviation loses thrust as pandemic takes toll
GE Aviation’s sales tumbled by nearly half in the second quarter of 2020 as the industry downturn sapped commercial aircraft engine demand and erased profits.
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Boeing pushes to Q4 its expectation for resuming 737 Max deliveries
Boeing has pushed back its expectation of the 737 Max’s certification by one quarter, saying it now expects to resume 737 Max deliveries in the fourth quarter.
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Boeing slashes output, delays 777X to 2022 and confirms end for 747
Boeing has pushed back its first 777X delivery, slashed production rates, warned of more layoffs and confirmed it will end 747 production in 2022. The company also says it is evaluate whether to consolidate its two 787 production facilities.
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SIA A380 future in limbo as review of future network, fleet size underway
Singapore Airlines Group will in the next six months be reviewing the size and shape of its network and fleet over the long term.
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Heathrow issues Covid-19 testing plea as losses mount
London’s Heathrow airport has reiterated calls for the UK government to introduce a Covid-19 testing programme as an alternative to quarantine for arriving passengers.
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Wizz Air chief claims ‘this is our time’ as carrier expands network
Wizz Air is taking advantage of the opportunities created by the coronavirus crisis to expand its footprint across eastern and central Europe with new bases and routes.