All news – Page 937
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NewsAustralia’s Rex studies launch of capital city flights
Australia’s Regional Express has confirmed plans to expand into capital city flights within Australia. “Rex discloses that it has been approached by several parties interested in providing the equity needed for Rex to start domestic operations in Australia,” it said in a statement to the Australian Securities Exchange (ASX) today, ...
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NewsThai AirAsia parent slips into first-quarter loss
Thai AirAsia’s parent company has posted an operating loss of Bt1.37 billion ($42.7 million) in the first quarter of 2020, partly due to a fall in its total revenue. This contrasts to an operating profit of Bt1.12 billion for the same quarter last year. Asia Aviation’s revenue for the quarter ...
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NewsUS regional Mesa reports $14 million profit
Mesa Air Group generated a $14 million operating profit for its fiscal second quarter, a 41% drop year-over-year, even as the coronavirus crisis has caused a significant drop air travel demand in the USA. The parent company of Mesa Airlines, which operates flights through capacity purchase agreements with American Airlines ...
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News‘Agile’ strategy fails to deliver as F-35 upgrade two years late and cost rise $1.5bn
The Block 4 upgrade, modernisation of the relatively new stealth fighter’s software and hardware, was initially to be delivered by 2024, but now will not be handed over until 2026. Problems also pushed up the cost on the modernisation effort to an estimated $12.1 billion.
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NewsAllegiant reports first quarter loss
Allegiant Travel Company, the parent of Allegiant Air, reported a first-quarter loss as the coronavirus took its toll on leisure travel following shelter-in-place orders imposed across most of the USA.
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NewsVoltAero reveals new configuration for hybrid-electric Cassio
A French bid to bring hybrid-electric propulsion to regional air transport from as early as 2022 has unveiled the production configuration of an aircraft family whose largest variant promises to carry 10 people over distances of around 650nm (1,200km).
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NewsBA CityFlyer looks to rejig Edinburgh crew base and cut pilot numbers
British Airways’ CityFlyer division is looking at changes to its Edinburgh crew base and cutting 72 pilots as part of restructuring being introduced in response to the coronavirus crisis. CityFlyer primarily operates out of London City and Edinburgh, using a fleet of Embraer 190s and 170s. The airline has formally ...
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NewsAvianca reorganisation begins
Avianca says initial motions in the proceedings for reorganisation under its Chapter 11 bankruptcy filing have been approved by the US Bankruptcy Court for the Southern District of New York, allowing it to pay employees and creditors and maintain some operations.
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NewsBoeing’s jet deliveries trickle in April, down 116 aircraft in four-month period
Boeing delivered six aircraft in April, bringing its deliveries in the first four months of the year to 56, a 67% slide from the January-April period last year.
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NewsTime to revive export credit financing: BOC Aviation chief
Leading lessor believes government-backed financing in wake of the airline industry crisis created by the coronavirus pandemic.
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NewsEmbraer blames Boeing for 30% drop in deliveries
Embraer says it delivered a total of 14 aircraft during the first quarter of 2020, a more than 30% drop from the same period a year ago as the company was preparing to carve out its commercial aircraft division in a now-scuppered joint venture with Boeing.
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NewsSpain to quarantine international arrivals from 15 May
Spain’s government has decreed that all visitors entering the country from abroad must go into quarantine for 14 days from 15 May, potentially scuppering attempts by airlines to restart Spanish summer holiday flights.
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NewsBrussels Airlines to cut workforce by 25% and remove 16 aircraft
Brussels Airlines is reducing the number of aircraft in its fleet by 30% and slashing its workforce by a quarter in response to the coronavirus crisis.
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NewsRosaviatsia prominent in new Russian accident investigation legislation
Russian authorities appear to be reinforcing the position of federal air transport regulator Rosaviatsia in the role of air accident investigation, proposed legislation from the ministry of transport indicates. An extensive draft document setting out the rules for investigation of civil aircraft accidents and incidents, seen by FlightGlobal, has been ...
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OpinionWhy strong supplier chain could save Boeing
With the world’s number one aerospace manufacturer facing a barrage of problems, from the Max grounding to the Covid-19 collapse in demand, Alex Krutz, manging director at Patriot Industrial Partners, considers whether a supply chain that is much more robust than in the past can be crucial to getting it through the crisis?
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NewsBOC Aviation chief sees 2020 deliveries at ‘lower end of 600-1,000’ range
Mainline jet deliveries will be heading down significantly this year as the impact of the coronavirus takes its toll from both a demand and supply-chain perspective, warns BOC Aviation chief executive Robert Martin.
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NewsTokyo’s first V-22 Ospreys reach Japan
Tokyo has received its first pair of Bell Boeing V-22 Osprey tiltrotors, as the nation continues to build up its amphibious capabilities.
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NewsRyanair aims to re-open most of its network from 1 July
Ryanair is to reinstate flights across some 90% of its network from the beginning of July, with an ambitious bid to restore an air transport operation demolished by the coronavirus crisis. While much of the network will be available, with most bases active, the overall schedule – around 1,000 daily ...
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NewsMitsubishi to halve SpaceJet budget, review M100 development
Mitsubishi Aircraft’s parent company will review the development of a 76-seater variant of its regional jet programme nearly a year after its launch, as full-year losses related to the programme widened. Mitsubishi Heavy Industries (MHI) will also halve the budget allocated for the SpaceJet regional aircraft programme to Y60 ...
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NewsChangi airport to close Terminal 4 indefinitely from 16 May
Singapore’s Changi airport will temporarily close Terminal 4 (T4) from 16 May, “in view of the small number of flights still operating in the terminal”. “The timing of [when T4 will resume operations] will depend on when air travel demand picks up and on the requirements of airlines seeking to ...