All news – Page 412
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News
Weaker currency forces Wizz to absorb €140m foreign-exchange loss
Weakening of the euro against the US dollar generated a foreign-exchange impact of €140 million which exacerbated budget carrier Wizz Air’s losses over the first quarter. Wizz Air turned in an operating loss of €284 million ($289 million) for the three months to 30 June. But a revaluation of US ...
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Australian competition regulator okays Rex’s National Jet acquisition
Australia’s Regional Express (Rex) says that it has received preliminary clearance from Australian regulators for its acquisition of National Jet Express.
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North America and international demand lifts Hawaiian’s Q2 revenue
Hawaiian Holdings, the parent company of Hawaiian Airlines, credits more international flying and ongoing strong demand from North American markets for its 68% rise in revenue during the second quarter.
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Turbofan deliveries are Boeing’s ‘number one’ supply constraint
Limited availability of CFM International turbofans is the chief parts shortage hindering Boeing’s ability to ramp 737 production.
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GE Aviation ‘grappling’ with constrained turbofan supply chain
GE Aviation’s production of aircraft turbofans remains behind schedule due to factors including parts and labour shortages.
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Canada Jetlines to launch revenue service on 15 August
Canada Jetlines, a start-up leisure carrier based in Vancouver, is set to launch passenger revenue service next month.
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Raytheon continues struggling with labour and supply shortages amid delivery delays
Supply chain constraints and labour shortages continue limiting the ability of Raytheon Technologies and its subsidiaries to deliver aerospace products, including aircraft engines.
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Baffled Ryanair vows to appeal EU ruling on €8.4m in ‘illegal’ state aid
Low-cost group Ryanair has vowed to appeal what it describes as a “bizarre” ruling by the European Commission that it benefited from illegal state aid relating to France’s La Rochelle airport between 2003 and 2010. In approving the financial aid provided by the French government to La Rochelle and Beauvais ...
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Lufthansa cancels more than 1,000 flights as ground staff strike
Lufthansa has cancelled more than 1,000 flights on and around 27 July in response to a “warning strike” by members of the Verdi trade union over a pay dispute. The action involves around 20,000 ground staff from across the Lufthansa Group’s German units and comes with the mainline carrier already ...
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Poland’s first H-model Hercules arrives for in-country preparation
A first of five Lockheed Martin C-130H tactical transports acquired for use by the Polish air force landed at the nation’s Bydgoszcz airport on 15 July.
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Military type certification nod to drive AT-6E Wolverine sales, Textron says
Beechcraft’s AT-6E Wolverine has secured military type certification approval from the US Air Force.
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Lessor Avolon's chief Slattery to step down from top post
Irish-based lessor Avolon has nominated Andy Cronin as chief executive, succeeding Domhnal Slattery who is stepping down from his position. Cronin is the chief financial officer of Dublin-based Avolon, and has been unanimously appointed as chief executive designate by the board. Slattery was the founding chief of the leasing firm, ...
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Airbus exercising patience over Chinese certification for A220
Airbus does not envision a near-term certification of its A220 in China, but nevertheless expects eventual approval for the twinjet from Chinese regulators. The airframer recently obtained agreements from four Chinese carriers covering close to 300 single-aisle jets – all from the A320neo-family range. These included 100 for China Eastern ...
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A400M tests aerial firefighting adaptation with Spanish support
The A400M’s potential for use as an aerial firefighting asset has been put to the test, with Airbus conducing an initial campaign in collaboration with the Spanish air force.
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EasyJet takes £133m disruption hit but says operations now ‘normalised’
EasyJet recorded a loss before tax of £114 million ($137 million) for the three months ending 30 June 2022, as operational disruption had a £133 million cost impact. Providing a fiscal third-quarter trading update on 26 July, the UK-based low-cost carrier lamented capacity caps imposed by London Gatwick and Amsterdam ...
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‘Signs of strain’ loom for Asia Pacific carriers, as travel demand soars
The Association of Asia Pacific Airlines (AAPA) has called for action to be taken to “rebuild the resilience” of the sector, as an uptick in travel demand clashes with looming operational challenges.
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US clears weapons sales for Japan, Singapore
The US government has approved Foreign Military Sales (FMS) deals related to the Japan Air Self-Defense Force and the Republic of Singapore Air Force (RSAF).
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Heathrow insists passenger cap will remain until ground-handling resource improves
London Heathrow airport’s operator insists its capacity cap will remain in place until airlines increase ground-handling resources to a level that matches demand. The operator introduced the cap of 100,000 daily departing passengers after service levels – flight cancellations, aircraft parking logistics issues, and baggage problems – became unacceptably low. ...
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Rolls-Royce selects former BP fuels executive as new chief
Rolls-Royce has named Tufan Erginbilgic, a former executive of petroleum firm BP, as its new chief executive, succeeding Warren East. Erginbilgic, a UK and Turkish national with an engineering background, will take up the post on 1 January next year. His most recent role has been as partner with Global ...
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Northrop continues work on new missile to attack air defences
Northrop Grumman is continuing work on a new prototype missile development designed to attack air defence systems.