All news – Page 158
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News‘Airline sweet spot may have got sweeter’: IATA chief economist
The global airline industry’s fortunes have improved since IATA’s mid-year financial forecast for the industry, according to the association’s chief economist Marie Owens Thomsen, with positive factors continuing to more than offset negative ones.
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NewsIndonesian late payments continue to dog KF-21 programme
Despite periodic remarks that KF-21 payment issues have been resolved, Jakarta remains tardy with its share of development funding.
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NewsBoeing signs civil aviation pact with Indonesia, as it opens new Jakarta office
Airframer’s opening of a new Jakarta office follows Indonesia’s August commitment for 24 F-15EX fighters.
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NewsCargo players see ‘bright spots’ in Asia, despite geopolitical ‘surprises’
Despite a softer cargo market, industry players say there is still growth potential in areas such as e-commerce, despite “surprises” from the uncertain geopolitical environment.
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NewsAAPA flags costs, supply chain challenges, as travel boom lifts recovery
The Association of Asia Pacific Airlines (AAPA) has warned of challenges posed by ongoing supply chain issues and rising costs, amid “resilient” travel demand boosted by tourism growth.
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NewsCalifornia eVTOL developer Joby begins piloted test flights
Air taxi developer Joby Aviation has begun flying its pre-production prototype aircraft with a pilot on board.
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NewsUS Navy preparing ‘significant’ E-2D modernisation package
The US Navy describes the $845 million upgrade package as the “most significant change” since the iconic airborne early warning turboprop entered service, including new systems to reduce pilot workload, improve situational awareness and boost cybersecurity.
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NewsFARA engine delivery expected in coming weeks
Helicopter makers Bell and Sikorsky, finalists for the US Army’s Future Attack Reconnaissance Aircraft (FARA) contract, will receive the long-delayed Improved Turbine Engine that will power their prototype designs from GE Aerospace before the end of October.
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NewsIndian air force receives first Tejas trainer from HAL
India’s air force has taken delivery of its first two-seat trainer example of the Tejas light combat aircraft (LCA) from Hindustan Aeronautics (HAL).
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NewsRiyadh Air eyes key partnerships ahead of launch
Ambitious Saudi Arabian start-up Riyadh Air is likely to announce a number of key airline partnerships ahead of its planned launch in 2025.
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NewsMalta puts hopes on higher load factors and profitable routes for successor carrier
Malta’s government believes an eight-strong fleet together with a right-sized network and staff levels will enable its planned successor carrier to Air Malta to be profitable.
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NewsArmed NH90 troop transport helicopter could form part of Block 2 upgrade
NH Industries (NHI) is for the first time considering arming the NH90 transport, potentially offering a range of weapons – including rockets and guided missiles – as part of a future mid-life upgrade for the helicopter.
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NewsRoyal Jordanian restructures capital to reduce large accumulated losses
Royal Jordanian Airlines has agreed a restructuring of the carrier’s capital, in order to reduce the company’s accumulated losses which amounted to nearly JD400 million ($564 million) at the end of last year. The airline stated in its annual report for 2022 that accumulated losses exceeded the company’s capital, noting ...
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NewsCebu Pacific engineering head sees OEMs making no progress on spares
The engineering chief of Philippine low-cost carrier Cebu Pacific Air sees little sign of improvement in the availability of aircraft spare parts.
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NewsAir France-KLM has potential avenue to becoming controlling SAS shareholder
While Air France-KLM Group would initially have a non-controlling stake in Scandinavia’s SAS, the company has indicated that the investment agreement includes a potential avenue to becoming a controlling shareholder. Air France-KLM’s emergence as a participant in the investment consortium for SAS underlines its strategy to help drive consolidation, and ...
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NewsBrunei start-up Gallop Air targets Q3 2024 launch in search for investors, partners
China-backed Bruneian start-up Gallop Air is hoping to launch services in the third-quarter of 2024, as it looks to find backers and “local partners” – in addition to securing its air operator’s certificate (AOC).
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NewsAllegiant adds options for 30 more jets to Boeing 737 Max deal
Ultra low-cost carrier Allegiant Air has amended its agreement with Boeing to add options for up to 30 more 737 Max, and changed the mix of 737 variants it plans to acquire.
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NewsRussia’s Aeroflot Group reaches fleet settlement with another lessor
Russian operator Aeroflot Group has disclosed a settlement with Irish lessor SMBC Aviation Capital, covering 17 aircraft. The settlement relates to foreign-built aircraft which were retained by Russian airlines in the aftermath of international sanctions imposed over the Ukrainian conflict. Aeroflot says that, under the agreement reached, the lessor has ...
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NewsUnited Airlines to add 110 aircraft to fleet beginning in 2028
United Airlines will add 110 more Boeing and Airbus aircraft to its fleet beginning in 2028, bringing “additional flexibility” for its long-term strategy.
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NewsPorter to launch flights from Toronto to Los Angeles and San Francisco
Canada’s Porter Airlines plans to launch its first flights to California early next year as part of an ongoing expansion to the USA.