All news – Page 935
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NewsRyanair cuts office staff at four bases
Ryanair has axed more than 250 office-based jobs at four locations and will this month announce details of its plan to slash up to 3,000 crew positions
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NewsOutbreak interrupts El Al 747-400 powerplant sale
El Al is renegotiating the sale of a batch of Boeing 747-400 engines after the economic impact of the coronavirus outbreak interrupted the original agreement. The Israeli flag-carrier withdrew its 747-400 fleet from service last year. All the aircraft were fitted with Pratt & Whitney PW4056 engines. It reached an ...
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NewsJet2 owner accesses £300m UK government loan
Jet2’s parent company has qualified for a £300 million ($366 million) loan from the UK government’s Covid Corporate Financing Facility (CCFF).
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NewsKorean Air reports $46 million first-quarter loss
Korean Air reported a W56.6 billion ($46 million) operating loss for the first quarter of 2020 and says the “relatively mild loss” was mitigated by lower operating costs.
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NewsCathay posts $580m loss for January to April on coronavirus impact
Cathay Pacific and its subsidiary Cathay Dragon made a HK$4.5 billion ($580 million) loss for the first four months of the year, according to unaudited financial results, amid depressed travel demand during the coronavirus outbreak. Releasing its traffic figures for April, Cathay adds that the financial outlook in the next ...
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NewsSIA coy on accelerated retirements amid pandemic hit
Singapore Airlines will fully phase out the older aircraft types in its fleet - such as the Boeing 777-200ER and Airbus A330-300 - within a year, but declines to say whether the retirement of the widebodies has been accelrated by the coronavirus outbreak.
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NewsSikorsky signs $905 million deal for 24 MH-60R anti-submarine helicopters for Indian navy
Sikorsky has signed a contract with the US Navy to provide 24 examples of the MH-60R helicopter to the Indian navy for anti-submarine warfare.
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NewsBoom mates supersonic XB-1’s wings with fuselage
Boom Supersonic has mated the wings and fuselage of XB-1, a supersonic demonstrator aircraft the company has said it will unveil this summer.
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NewsIATA lays out guidelines for restarting Latin American air travel
Airline trade group IATA has presented an air travel rebook strategy to nearly 50 Latin American and Caribbean governments, laying out guidelines aimed at minimising the spread of coronavirus during airline travel.
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NewsEl Al awaiting final 787 as it cancels 737 leases
Israeli flag-carrier El Al has yet to take delivery of its final Boeing 787, while the airline shuffles its current fleet as part of efforts to reduce cash burn. The carrier’s rejig includes cancelling a lease for two more Boeing 737-800s, it has disclosed in a newly-released full-year financial statement. ...
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NewsEl Al still discussing loan with carrier's survival at stake
Israeli flag-carrier El Al has warned that the survival of the airline is uncertain as it seeks to secure urgent funding to cope with the coronavirus crisis. In its belated full-year financial statement, El Al says a loan is “essential” and that the are “significant doubts” about the continued existence ...
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NewsGAO denies Airbus protest of US Navy trainer contract, paving way for Leonardo
With protest out of the way, Leonardo plans to restart manufacturing on its light, singled-engined TH-119 in Philadelphia.
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NewsAzul cites flexibility as key to coronavirus operations
Brazilian carrier Azul says it is preparing a host of scenarios to manage its way out of the coronavirus crisis, while keeping cash burn low and maintaining a high level of liquidity that it hopes will help it see through to the other side of the global pandemic.
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NewsSingapore Airlines parent slips to full-year net loss
SIA Group saw its annual operating profit dwindle to S$59 million ($41 million) in the 12 months ended 31 March – from S$1.07 billion the previous financial year – and was loss-making at the net level.
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NewsDelta to retire 777s, completing shift to A350s
Delta Air Lines says it will be retiring its Boeing 777 fleet by the end of 2020 as the coronavirus pandemic continues to disrupt global travel, creating openings for airlines to permanently streamline their fleets and save money by shifting to more efficient aircraft.
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NewsUS Senators propose aerospace industry private-public partnership
US Senators Jerry Moran and Mark Warner have put forward a bill to support the aerospace industry as the aftereffects of the global coronavirus pandemic continue to ravage the sector and threaten to destroy thousands of jobs.
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NewsRolls-Royce introduces virtual reality maintenance training programme
With coronavirus-imposed travel restrictions and social-distancing measures making face-to-face learning difficult, Rolls-Royce has introduced a virtual reality maintenance training programme for its business aviation customers.
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NewsPIA 777 taxied without all-clear from ground crew
UK investigators have determined that a Pakistan International Airlines Boeing 777-200LR incorrectly assumed that ground-support equipment had been removed before commencing to taxi, striking the towbar which was still in front of the jet. The tug and towbar had been disconnected from the aircraft (AP-BGZ), which was preparing to depart ...
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NewsBA A321 low-thrust take-off traced to temperature entry error
British Airways has highlighted to crews the importance of avoiding distraction while conducting take-off calculations, after a low-thrust incident involving an Airbus A321’s departure from Glasgow. The aircraft, bound for London Heathrow on 24 November last year, was being prepared for a full-length take-off from runway 05. As part of ...
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NewsRussian government grants subsidies to coronavirus-hit airlines
Russia’s government is allocating Rb23.4 billion ($317 million) to the country’s carriers to provide financial support as the coronavirus crisis begins to affect their operations substantially. Passenger traffic among Russian airlines was down by 93% in April. Aeroflot, Rossiya and Ural Airlines passengers numbers fell by 92-95%, while Utair’s and ...