All news – Page 62
-
News
South African Airways’ drawn-out privatisation deal collapses as parties agree cancellation
South Africa’s government and an investment consortium have ended public-private partnership plans for South African Airways under which the consortium would have taken a majority share in the flag-carrier. The Takatso consortium had been unveiled as a potential investor in SAA some two-and-a-half years ago. But finalising the agreement has ...
-
News
Bell extends H-1 production with $455m attack helicopter order from Nigeria
The US rotorcraft manufacturer finalised a contract to provide the Nigerian air force with 12 of the latest AH-1Z Viper attack helicopters.
-
News
Leonardo rules out adding Piaggio to portfolio
Leonardo has reiterated that it has no interest in acquiring Piaggo Aerospace despite being urged by an Italian government minister to bid for the troubled airframer.
-
News
Air Mauritius appoints outsourcing specialist as new chief executive
Air Mauritius has introduced outsourcing and business process specialist Charles Cartier as its new chief executive, succeeding Kresimir Kucko.
-
News
Second AviaAM 777-300ER transferred for Mammoth freighter conversion
Irish-based AviaAM Leasing has transferred a second Boeing 777-300ER for cargo conversion by US-based Mammoth Freighters. Mammoth is undertaking conversion of 777-200LR and -300ER twinjets. AviaAM states that it ferried the -300ER to Fort Worth Alliance airport, where Mammoth partner Aspire MRO has a facility, on 28 February. The leasing ...
-
Analysis
Comic-loving Cingolani outlines Leonardo’s reinvention to meet changed security outlook
New chief executive details Italian aerospace and defence giant’s strategy for the next five years as it seeks to transform in the face of rising global instability and spearhead evolution in European industry.
-
News
Indian domestic start-up Fly91 prepares to commence services
Indian start-up carrier Fly91 is to commence services on 18 March, having secured its air operator’s certificate.
-
News
Chilean authority confirms it is leading LATAM 787 upset inquiry
Chilean authorities have clarified that they will lead the investigation into the in-flight upset involving a LATAM Boeing 787, after initially indicating delegation to New Zealand counterparts. Several occupants were injured after the twinjet experienced the upset en route from Sydney to Auckland, as flight LA800, on 11 March. Chile’s ...
-
News
Pentagon declares full-rate production on F-35, years behind schedule
The US Department of Defense has approved Lockheed Martin for full-rate production on the F-35 stealth fighter programme, years behind schedule and well after the airframer had already started assembling the jets at maximum capacity.
-
News
Swiss skydiver aircraft crash likely caused by ‘unintentional’ parachute opening
Aviation accident investigators in Switzerland have said that the crash of a Pacific Aerospace P-750 utility aircraft last month was likely caused by the unintentional opening of a skydiver’s parachute while he was still in the aircraft.
-
News
MBDA boosted by European spike in air-defence system demand
MBDA secured contracts worth €9.9 billion ($10.8 billion) last year, with increased demand for air-defence equipment dominating its business.
-
News
Cathay begins mid-sized widebody renewal campaign with orders to come in next few years
Cathay Pacific’s ongoing campaign for new mid-sized widebody jets is “still in its early days” with the airline expecting to place an order only in the next few years.
-
News
Cathay reports record annual profit as full recovery pushed back to 2025
Cathay Pacific Group swung to a full-year net profit in 2023 – for the first time in four years – as it pushes back its full recovery forecast and flags a normalisation of yields and “ongoing” manpower and supply chain headwinds.
-
News
Jet Airways revival back on track after top tribunal green-lights ownership transfer
Jet Airways has cleared a significant hurdle in its long-running revival plan, after an appellate tribunal approved the transfer of ownership to the Jalan-Kalrock Consortium, which must be completed within 90 days.
-
News
Frontier to create new cabin class by blocking middle seat in first two rows
US ultra-discounter Frontier Airlines is again taking cues from European carriers by guaranteeing open middle seats in the two front rows of all its aircraft.
-
News
Boeing steps up quality inspections as part of initial response to two concerning safety audits
The chief executive of Boeing Commercial Airplanes has laid out initial steps the company is taking to address quality and safety concerns raised by two recent investigations into its 737 Max assembly site in Renton.
-
News
GE Aerospace targets production and quality improvements with $650m investment
GE Aerospace plans to spend $650 million this year on efforts to boost quality and production at its sites and those of suppliers, more than twice the $335 million it spent on similar projects last year.
-
News
Leonardo chief eyes synergies from ‘wide-ranging’ tiltrotor pact with Bell
Leonardo’s chief executive has hinted at a potentially deeper relationship with Bell on military tiltrotor applications following a recent pact between the pair.
-
News
Boeing MH-139 nuclear security helicopter begins operational service
An operational US Air Force unit has for the first time received one of the new Grey Wolf helicopters which will replace the Bell UH-1N in supporting physical security at the service’s nuclear-armed intercontinental ballistic missile silos.
-
News
‘Boeing needs to become a better company’: Southwest CEO
Boeing’s 737 Max delivery delays have drawn sharp criticism from Southwest Airlines’ chief executive Bob Jordan, who described on 12 March the carrier’s highly constrained 2024 growth plan.