All news – Page 923
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News
SMBC chief expects new aircraft to be favoured in recovery despite cheap fuel
SMBC Aviation Capital chief executive Peter Barrett expects airlines will resist the temptation to favour older, less-efficient aircraft over new metal in the current low-fuel-price environment as capacity is restored in the recovery.
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News
USA bans Chinese carriers from mid-June
The US Department of Transportation has banned Chinese airlines from flying to the USA from mid-June in retaliation for a Chinese order that US officials say effectively prohibits US airlines from resuming China flights.
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News
SMBC eyes purchase and leaseback opportunities as airlines face finance crunch
SMBC Aviation Capital’s efforts to support customers impacted by the coronavirus crisis have included purchase and leaseback deals where airlines are in need of financial support.
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News
SMBC Max deferrals linked to programme’s ‘challenge’, not coronavirus
SMBC Aviation Capital is the latest customer to reach agreement with Boeing around deferral of 737 Max deliveries
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News
A400M secures long-delayed paratroop jump certification
Airbus Defence & Space has secured approval for one of the A400M tactical transport’s long-awaited key contractual capabilities, after demonstrating the dispatch of a maximum 58 paratroops from each of its two side doors.
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News
IATA sees April as turning point in Covid-19 crisis
April may have brought the beginnings of a recovery in global airline traffic after its obliteration at the hands of the coronavirus, IATA has suggested.
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News
Greece halts Qatar flights after positive Covid-19 tests
Greece has suspended flights to and from Qatar until mid-June after 12 passengers arriving in Athens on a Qatar Airways flight from Doha tested positive for Covid-19.
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News
Swiss to cut fleet as crisis drags carrier to Q1 loss
Lufthansa subsidiary Swiss is planning to reduce its fleet, after incurring a Swfr84.1 million ($86.1 million) operating loss in the first quarter.
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News
Comair to cut fleet and remain inactive until November
South African carrier Comair requires a substantial cash injection and is unlikely to resume operations until at least November. Its fleet will also be reduced to 16 aircraft, comprising 13 Boeing 737-800s and three spare 737-400s. The airline’s business rescue practitioners have outlined the situation to creditors and employee representatives. ...
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News
Lufthansa steps up restructuring as it confirms big jump in Q1 losses
Lufthansa Group has confirmed its earlier guidance that it made an adjusted EBIT loss of €1.2 billion ($1.3 billion) in the first quarter and warns it still expects around 300 aircraft to be parked next year.
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News
Wizz Air to slow fleet modernisation over next three years
Central European budget carrier Wizz Air has revealed a revised fleet plan which will not realign with its previous expansion forecast until the 2023-24 financial year. Wizz Air states that it expects to have 131 aircraft in its fleet by the end of 2020-21. This is seven fewer than the ...
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News
Digital solutions among opportunities amid pandemic gloom: Frost & Sullivan
Despite the negative impact of the coronavirus outbreak across various segments of the aviation industry, there are pockets of growth opportunities, such as digital solutions and research and development. Consultancy firm Frost & Sullivan, in its latest analysis report of the global commercial aircraft market, also notes that amid the ...
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News
IndiGo to rapidly replace A320ceo fleet to save costs
IndiGo plans to swiftly replace its Airbus A320ceo fleet with more cost-efficient A320neos, the Indian budget carrier’s chief financial officer has revealed. “We value the efficiency and structural low costs associated with our new Neo aircraft, and thus we will continue to substitute them for the older Ceo aircraft as ...
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News
First A220 assembled in Mobile takes flight
The first Airbus A220 produced at the company’s Mobile, Alabama assembly site completed its maiden flight on 2 June.
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News
Air Canada looking to quit Transat deal: reports
French-language media in Canada report that legacy carrier Air Canada is looking to exit its planned takeover of Transat AT, the parent company of Air Transat, as Canada’s biggest airline attempts to manage through the coronavirus crisis while preserving its liquidity.
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News
Investigators download data from crashed PIA A320 recorders
Investigators have downloaded information from the two flight recorders retrieved from the Pakistan International Airlines Airbus A320 which crashed in Karachi. French investigation authority BEA states that – at the request of the Pakistani inquiry team – it has “successfully” obtained information from the cockpit-voice and flight-data recorders. “Analysis of ...
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News
Delta retires MD-88s and MD-90s
Delta Air Lines marked the end of an era on 2 June when it retired its final McDonnell Douglas MD-88 and MD-90 aircraft, closing 34 years during which the types served as workhorses in the fleets of US carriers.
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News
Runaway trolley injured several passengers on Air France 777
French investigators believe cabin crew’s increased workload, after an unexpected change of aircraft type, meant a trolley was left unsecured and injured several passengers when it broke free. The accident occurred on board an Air France Boeing 777-300ER (F-GSQL) departing Mauritius for Paris Charles de Gaulle on 16 September 2018. ...
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News
US Army buys $3.4bn worth of Hydra-70 rockets
The Hydra-70 is an unguided 70mm (2.75in) rocket. When the BAE Systems Advanced Precision Kill Weapon System (APKWS) II upgrade kit is added it becomes a precision weapon, however.
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Interview
Keeping it under wraps reaps rewards for Air Covers
Sasha Pattinson has had a passion for aviation since childhood. She is now co-owner and director of Air Covers, a UK company specialising in designing and supplying bespoke protective covers for the aerospace and marine industry worldwide