All news – Page 371
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Airbus chief Faury ‘relaxed’ over course of single-aisle ramp-up
Airbus chief executive Guillaume Faury remains confident about the A320neo-family ramp-up, having shifted the trajectory for achieving a monthly production rate of 65 aircraft.
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EasyJet expects full-year EBIT break-even after strong summer quarter
UK budget carrier EasyJet is expecting to break even at EBIT level for the full year, following a strong fourth quarter which encompassed the summer season. Its holidays division achieved a pre-tax profit of more than £35 million. EasyJet is forecasting an overall group pre-tax loss of £170-190 million ($188-211 ...
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Kaohsiung airport expansion to start in 2023 as Taiwan reopens to travellers
Kaohsiung airport is set to expand its capacity with the construction of a new passenger terminal, as part of plans to turn the airport into a gateway hub for southern Taiwan.
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Qantas Group expects big swing to profitability
Qantas Group expects a major swing to profitability in the first half of its 2023 financial year, as it rides a strong domestic and international traffic recovery.
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Congress signals support for continued advanced-propulsion research funding
US lawmakers sent a letter to the Pentagon urging defence leaders to continue funding research into adaptive-propulsion jet engines, which are expected to power future military aircraft.
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Republic Airways pilots secure major pay raise
Amid a broad surge in regional pilot pay, Republic Airways pilots represented by the Teamsters Local 357 union will receive a big rate increase.
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Oneworld alliance moves headquarters to Fort Worth from New York City
The Oneworld airline alliance plans to move its global headquarters to Fort Worth, Texas from New York City in December 2022.
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Flexjet plans to become public company in 2023
US fractional business aircraft ownership company Flexjet has jumped on the go-public bandwagon, revealing plans to sell public shares by merging with a so-called special purpose acquisition company (SPAC).
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Surf Air strikes $450m financing deal with Jetstream Aviation Capital
US aviation company Surf Air Mobility has secured $450 million in financing over six years from Jetstream Aviation Capital to fund the planned growth of its fleet of turboprop aircraft.
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Ethiopian completes initial 767-300ER freighter conversion
Ethiopian Airlines is completed the freighter conversion of an initial Boeing 767-300ER in co-operation with Israel Aerospace Industries. The work was performed within the carrier’s maintenance facilities at its Addis Ababa base. Ethiopian says it began introducing the 767s in 2004 and the twinjets are being replaced by more modern ...
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US Air Force to test blended-wing logistics aircraft by 2027
The airframe concept proposed in the service’s recent climate action plan would serve as a refueller and cargo transport.
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Air Arabia venture Fly Jinnah set for first flights after securing licences
Air Arabia’s joint-venture Pakistani carrier Fly Jinnah is set to commence flights from Karachi having secured its air operator’s certificate and licence. Fly Jinnah will become the fifth private airline in the Asian state. It says it has passed “rigorous” inspections from the Pakistani civil aviation authority, and been granted ...
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Cargolux firms order for 10 777-8 Freighters
Luxembourg freighter specialist Cargolux Airlines has ordered 10 Boeing 777-8 Freighters, finalising an agreement disclosed by the companies at July’s Farnborough air show.
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UK takes its penultimate A400M, as Airbus demonstrates tactical progress
The UK Royal Air Force has received the penultimate example of its on-order A400M tactical transports, with Airbus Defence & Space having transferred its 21st Atlas on 11 October.
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United Airlines will introduce flights to Dubai, Stockholm and Malaga in 2023
United Airlines is expanding its transatlantic summer flying schedule in 2023 to include new destinations Stockholm, Dubai and Malaga, Spain, in addition to adding flights to six other European cities.
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Icelandic carrier Play names new finance chief
Icelandic budget carrier Play has named Olafur Thor Johannesson as its new finance chief, following the decision by Thora Eggertsdottir to step down. Johannesson will take up the position at the beginning of November, the airline states. He previously served as the chief executive of energy firm Skeljung, a post ...
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Nok Air narrows 2021 loss on restructuring revenue gains
Thai low-cost operator Nok Air narrowed its 2021 loss, helped by a revenue gain from debt restructuring, as well as recovery in domestic air travel demand in the second half of the year.
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Boeing 747-400LCF Dreamlifter sheds wheel on take-off from Taranto
One of the modified Boeing 747-400s used by the airframer for 787 aerostructure transport has apparently suffered a landing-gear malfunction during take-off from Taranto. Video footage circulating on social media purportedly shows one of the aircraft’s main landing-gear wheels detaching and falling, trailing smoke, to the ground as the jet ...
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Japan, Taiwan see capacity rise as regional reopening gathers pace
Following news of Japan reopening its international borders on 11 October, airlines in the region have announced a ramp-up in capacity, in anticipation of an upswing in demand.
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Frontier unveils first A321neo and tweaked paint scheme, plans expansion
Frontier Airlines marked the delivery of its first Airbus A321neo on 11 October, with the carrier’s chief executive saying the jet will further strengthen Frontier’s cost advantage and let it expand to new destinations, possibly including those outside North America.