All news – Page 272
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NewsVirgin Orbit laying off 85% of workforce, plans to cease operations
Cash-strapped Virgin Orbit is laying off 85% of its workforce – about 675 employees – after struggling to operate in recent weeks and ultimately failing to “secure meaningful funding”.
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NewsAlaska Air Cargo to convert two 737-800s into freighters
Alaska Air Cargo plans to boost its fleet supporting the state of Alaska in 2023 by converting two Boeing 737-800s into freighters, with the first jet expected to start hauling cargo this summer.
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NewsUSAF to drop Lockheed hypersonic weapon programme after failed test
The Air-launched Rapid Response Weapon had a mixed record, with numerous technical challenges early in development and a recent failed test.
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NewsNew US charter carrier Red Way plans to launch operations in June
A new discount charter carrier called Red Way plans to launch in June from Lincoln, Nebraska with nonstop flights to seven US cities.
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NewsColombia’s Ultra Air shuts down
Colombian discount carrier Ultra Air suspended all flights on 29 March, a move following news that the carrier was short of cash.
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NewsUS aerospace leaders disagree on best path to ’net-zero’ carbon emissions
Executives at some aerospace companies clashed on 29 March about which technologies can best help wean the sector off its reliance on fossil fuels.
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NewsAegean and CAE to launch Greece’s ‘most advanced’ pilot training centre
Greece’s Aegean Airlines plans to establish the country’s first advanced flight training centre through a partnership with Canada’s CAE, a top provider of flight simulators for pilot training.
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NewsNine dead in double Black Hawk crash
Two US Army Sikorsky UH-60 Black Hawk helicopters crashed in Kentucky during a night training exercise, killing nine soldiers.
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NewsITA Airways board backs business plan
ITA Airways appears to have taken a further step towards securing a deal with would-be investor Lufthansa after the Italian carrier’s board approved a business plan “shared” with the German airline group.
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NewsSMFL stake purchase to accelerate LCI growth, says lessor’s chief executive
Lessor LCI can “accelerate” its growth path on an “exponential scale” following the acquisition of a substantial stake in the business by a Japanese finance house, its chief executive claims.
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NewsChina Eastern, China Southern to resume 737 Max deliveries
Two of China’s three largest airlines are set to restart deliveries of Boeing 737 Max aircraft this year, a move that provides some clarity about the fate of the type in one of Boeing’s key markets.
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NewsChatGPT already offering ‘immediate-term business benefits’ for airlines
The leaders of Air Baltic and Finnair have joined other industry chief executives in talking up ChatGPT’s potential to positively impact their businesses across a range of functions.
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NewsFailed Flybe was ‘losing millions per month’, say administrators, as total deficiency tops £82m
Birmingham-headquartered Flybe was losing an average of up to £5 million ($6.1 million) during each month of its brief existence, the administrators of the collapsed UK regional carrier have disclosed.
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NewsEuropean SAF development ‘put back a decade’ by US IRA measures
Aviation stakeholders have urged the European Commission to consider improving its sustainable aviation fuel (SAF) incentives in light of the measures included US Inflation Reduction Act, which one airline chief executive described as a global “game-changer”.
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NewsScoot chief: ‘Business case’ for regional jets as network grows
Scoot chief executive Leslie Thng says the carrier has a good business case for regional aircraft, which will help it expand in the region.
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NewsRyanair's O'Leary rounds on regulators for failing to act on ATC strikes
Ryanair chief executive Michael O’Leary fears improved service reliability this summer from higher staffing levels across the airport ecosystem could be offset by the impact of air traffic control strikes and continued airspace restrictions because of the war in Ukraine.
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NewsBahrain targets purchase of 24 ex-US Marine Corps AH-1W attack helicopters
Bahrain has requested the purchase of 24 surplus Bell AH-1W Super Cobra attack helicopters from the USA, via a Foreign Military Sales deal worth an estimated $350 million.
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InterviewATR chief admits 2022 orders and deliveries below expectations
New head Nathalie Tarnaud Laude insists Franco-Italian manufacturer is set to return to annual output of 80-plus aircraft by the second half of the decade.
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NewsHeart taps BAE Systems for ES-30 battery work
Sweden’s Heart Aerospace is to work with BAE Systems to define the battery system required for its ES-30 hybrid-electric aircraft.
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NewsCathay, ANA, Qantas move to shore up future SAF supply
Cathay Pacific, All Nippon Airways (ANA), and the Qantas Group have announced initiatives aimed at shoring up their future supply of Sustainable Aviation Fuel (SAF).