All news – Page 949
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News
Virgin Australia owes creditors $4.4 billion: administrators
Virgin Australia owes just over A$6.8 billion ($4.4 billion) to more than 12,000 creditors, its administrators have disclosed. Meanwhile, Perth Airport has already moved to seize a number of Virgin Australia aircraft over outstanding payments. “Virgin has significant outstanding invoices from Perth Airport for airfield and terminal use charges – ...
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Analysis
Amid pandemic hit, whither Asia-Pacific’s mega airport projects?
Asia-Pacific is home to a number of mega airport projects, from Changi’s fifth terminal, to Hong Kong’s three-runway system. As the coronavirus outbreak continues to wreak havoc on the industry, is it time to give the mega airport concept a rethink?
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News
Indonesia bans commercial flying until 1 June
Indonesia has banned commercial flying from 24 April until 1 June, in a bid to prevent the spread of the coronavirus. The ban on commercial flying was part of a larger travel ban imposed by the Indonesian government on Indonesians seeking to travel back to their hometowns to mark the ...
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Analysis
Why Boeing’s jilting leaves Embraer bitter and frustrated
Embraer’s fierce reaction to prospective suitor Boeing’s decision to bale from their intended commercial partnership is hardly surprising, given that the Brazilian airframer stands to lose heavily from the split. While the tie-up proposal, unveiled in late 2017, might have given the impression of a hastily-shoehorned response to Airbus’s audacious ...
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News
Boeing-Embraer joint venture collapse throws cold water on C-390
Collapse of a joint venture agreement between Boeing and Embraer to promote the Embraer C-390 Millennium will likely make it more difficult to sell the medium-lift transport outside of Brazil, seriously hurting the overall sales of the aircraft programme.
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News
Embraer to seek damages as it accuses Boeing of sabotaging merger
Embraer has accused Boeing of deliberately wrecking the proposed tie-up between the two aircraft manufacturers, and is set to launch a damages claim over the collapsed deal. While it acknowledges Boeing’s notice of termination of the master transaction agreement – which set out plans for joint commercial and military aircraft ...
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News
Boeing walks away from Embraer tie-up
Boeing has abandoned its plans for a tie-up with Embraer, exercising its right to terminate the agreement for joint commercial and military aviation ventures. The US airframer says its master transaction agreement with the Brazilian manufacturer had reached its initial termination date on 24 April. This was subject to extension ...
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News
Rolls-Royce to continue ground test of E-Fan X systems despite axing of programme
Rolls-Royce is to continue ground-test activities on the power generation system it was developing as its contribution to the Airbus E-Fan X, despite the programme’s cancellation before the hybrid-electric demonstrator ever flew.
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News
Operators of 787s warned after latest ILS deviation incident at Hong Kong
Hong Kong authorities have warned Boeing 787 operators of possible adverse autopilot behaviour during localiser capture at the city’s international airport, after the latest in a string of incidents involving the type. A newly-issued NOTAM instructs carriers to check a Boeing flight crew operations bulletin referring to “anomalies” in localiser ...
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News
Supersonic jet maker Aerion to build manufacturing site in Florida
Supersonic business jet company Aerion will manufacture its in-development AS2 transport aircraft at a new facility in the Florida city of Melbourne, in the heart of the state’s aerospace cluster.
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News
SkyWest scores $438 million for wage support
SkyWest Airlines will receive $438 million in federal aid to fund salaries and benefits for its workers while helping mainline carriers keep US cities connected during the coronavirus downturn.
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News
Air France-KLM Group carriers secure Franco-Dutch financial package
Air France-KLM Group has secured government funding to help the operator cope with the impact of the coronavirus crisis. The group had previously warned that, despite measures to preserve liquidity, it would need a capital injection in the third quarter of this year. It has negotiated a French state-backed loan ...
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News
Boeing delivers last Block II F/A-18E/F Super Hornet to the US Navy
In total, the US Navy received 322 one-seater F/A-18Es and 286 two-seat F/A-18Fs as part of the Block II Super Hornet programme, which started in 2005.
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News
Airline pilots deal with coronavirus reality
While airline executives are struggling to figure out how to manage their fleets, pay staff and protect their businesses for a time after the coronavirus, employees on the front lines have been dealing with a very different reality.
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Analysis
Embraer-Boeing tie up tenuous on merger deadline date
The planned merger of Embraer’s commercial aircraft business with Boeing is hanging by a thread as the coronavirus crisis brings into sharp relief some of the problems with a transaction that seemed like a foregone conclusion just a few months ago.
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News
Cheap fuel should not tempt airlines to keep older aircraft: Ascend
Four-engined widebodies like 747 likely to be among the types worst-affected by the coronavirus crisis
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News
Airbus and Rolls-Royce cancel E-Fan X hybrid-electric RJ100 experiment
Airbus and Rolls-Royce have axed the E-Fan X demonstrator programme, a year before the experimental hybrid-electric engine airliner was supposed to fly. The E-Fan X programme was launched to explore electric aviation and involved equipping a BAE Systems Avro RJ100 with a hybrid engine. But Airbus chief technology officer Grazia ...
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News
Icelandair converting 767s for Chinese medical supply flights
Icelandair Group is to reconfigure three Boeing 767s to transport cargo after reaching an agreement to operate freight flights between China and Germany. It has entered a pact with German firm DB Schenker, which is owned by rail company Deutsche Bahn. Icelandair Group says the 767s will have their passenger ...
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In depth
Why leasing market is shedding 737 Max orders
Recent cancellations of Boeing 737 Max orders likely reflect unique pricing pressures faced by aircraft lessors and could foretell additional Max cancellations.
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Opinion
Boeing’s structural reboot vital to prepare for rebound
Management changes at US airframer are required as it seeks stability ahead of any recovery