All news – Page 313
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Gulfstream targets 20% bump in 2023 aircraft deliveries
Business jet maker Gulfstream aims to hike its aircraft deliveries by a fifth in 2023 after missing its delivery target last year amid regulatory and supply chain issues.
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Alaska posts $58m full-year profit on record revenues
Alaska Air Group posted record full-year operating revenues of $9.65 billion in 2022 and a net profit of $58 million for the year.
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Pilot shortages holding back American’s expansion
Pilot availability is still limiting the size of American Airlines’ operation, through the carrier says it has ramped pilot training to accommodate its planned 2023 fleet expansion.
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Airbus continues recruitment ramp-up to feed new technological activities
Airbus is embarking on a recruitment drive to hire another 13,000 personnel this year, matching its effort last year.
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JetBlue posts $24m profit in Q4 as travel spending outruns costs
JetBlue Airways posted a $24 million profit in the final quarter of the year as end-of-year travel spending rose to compensate for higher costs, especially for jet fuel.
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Alaska follows Airbus A320 retirements with Dash 8 withdrawal
Alaska Airlines unit Horizon Air today operates the last of its De Havilland Canada Dash 8-400s flights after Alaska earlier this month retired the last of its Airbus A320 fleet as part of its accelerated fleet transition announced last year.
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Wizz Air summer expansion based on ‘safe’ network growth: Varadi
While Wizz Air plans to increase its capacity 30% this summer, the airline’s chief executive Jozsef Varadi believe this represents a safe way of growing, given expansion is weighted on adding frequencies and has a focus on maturing markets.
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JAL invests in sea-glider start-up Regent Craft
Japan Airlines Innovation Fund, the venture arm of the Japanese carrier, has invested in start-up sea glider developer Regent Craft.
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American turns $127m profit in 2022 as soaring expenses eat into record revenues
American Airlines made a $127 million profit in 2022 as surging expenses offset what was a record year of revenue for the Fort Worth-based carrier.
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Leonardo Helicopters ditches HTS900 engine from AW09 in favour of Safran Arriel 2K
Leonardo Helicopters has dropped the Honeywell HTS900 powerplant from the Kopter AW09 light-single, replacing it with the Safran Helicopter Engines Arriel 2K.
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Wizz sees strong summer ahead as currency gains boost third quarter
European budget carrier Wizz Air is confident of returning to profit and pre-Covid utilisation in the next financial year after more than doubling its revenues in its latest financial quarter.
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Italian industry cements its role in GCAP fighter effort
Italy’s leading defence companies have signed a contract to advance the nation’s role in the UK-led Global Combat Air Programme (GCAP), which seeks to deliver a new manned Tempest fighter and complementary systems for operational use from 2035.
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Police UAV operator ‘saturated’ before collision with landing Cessna
Canadian investigators believe the police operator of an unmanned aerial vehicle became task-saturated, and unaware of a collision risk, before the craft was struck by a Cessna 172N flown by a student on a training flight. York Regional Police was operating the drone in the vicinity of Toronto-Buttonville municipal airport ...
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AirAsia Aviation units still below half pre-Covid traffic, despite ‘strong recovery path’ in 2022
AirAsia Aviation units were operating at less than half of pre-pandemic capacity – with total passenger volume also far from 2019 levels – despite seeing an “exceptional increase” in demand as international travel resumed in 2022.
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Jet2 believes full-year financial results will beat expectations
UK leisure carrier Jet2 is forecasting it will exceed full-year financial expectations, with a profit of £370-385 million ($458-476 million) after winter bookings strengthened. Jet2 states that average load factors, as a result, are slightly ahead of the pre-pandemic winter 2018-19 season, compared with a 24% hike in capacity. The ...
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Boeing still coping with ‘unstable’ 737 delivery pace
Boeing expects to deliver between 30 and 40 737s monthly in 2023 – and where it falls in that range will depend largely on its ability to fix supply and labour issues.
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India domestic traffic rises 47% in 2022
Indian airlines saw a significant increase in domestic traffic in 2022 as pandemic restrictions eased, with Tata Sons-owned Vistara and Air India clawing back market share.
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Hawaiian restores flights between Honolulu and Fukuoka, Japan
Hawaiian Airlines is reinstating more flights to Japan, its most important overseas market, as it rebuilds its network in the Asia-Pacific region after almost three years of coronavirus-driven restrictions.
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Boeing’s truss-braced-wing demonstrator will ‘definitely’ inform next aircraft: CEO
Boeing chief executive David Calhoun insists future narrowbody commercial aircraft will benefit from technologies advanced as part of Boeing’s partnership with NASA to develop a truss-braced-wing demonstrator.
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Boeing pushes back plan to bring 787 production to five monthly
Boeing has delayed until later this year a plan to bring 787 production to five aircraft monthly, citing a production slowdown due to a “supply constraint”.