All news – Page 1002
-
NewsSAA's 'complex' rescue plan pushed back to end-March
South African Airways’ restructuring plan has been pushed back to the end of March, as the airline’s business rescue practitioners seek further time to address the complexity of the effort. The practitioners have informed that the extension of the deadline to publish the plan – from 28 February to 31 ...
-
In depthTaking its place with the cosmic elite
From its early satellite ventures to its latest attempt to land on the Moon, the country has long seen space as a crucial component of its security, industrial strategy and national prestige
-
NewsCFM strikes deal with Boeing on Leap-1B payments for 2020
Engine joint venture CFM International has struck an agreement to receive payment from Boeing for all Leap-1B powerplants delivered in 2020.
-
NewsAirbus carries out first flight of 251t A330neo
Airbus has commenced test flights with the first A330-900 with the higher maximum take-off weight of 251t. The airframer confirms that aircraft MSN1967 – bearing the test registration F-WWCE – lifted off from Toulouse at 12:27 local time on 28 February (below). Source: Airbus Airbus has been ...
-
In depthIsrael focus
Israel had one of the largest national presences at the Singapore air show - the island nation and much of Asia are major export markets for the state’s highly innovative aerospace and defence companies, whose products are often honed by the exacting requirements of their domestic customer. Here, we look ...
-
In depthRafael's deadly lessons
Rafael’s latest Spice missile identifies its target using artificial intelligence
-
In depthWhy Elbit is looking to its global footprint
Elbit, more than any other Israeli aerospace and defence company, has expanded its international presence. Investing in innovation remains at the core of its strategy
-
In depthThe changing face of Israel’s UAV sector
Israel has long been a power in UAVs, but it is a market that is going through many changes, with a new breed of intelligent missiles and a trend towards miniaturisation – both of payloads and platforms
-
In depthControp's eyes in the sky
Controp’s airborne cameras and sensors are getting smaller and cleverer at the same time
-
In depthWhy exports are vital for Israel's aerospace and defence sector
Israel’s aerospace and defence sector is pivotal in guaranteeing the nation’s existence – but success also depends on winning lucrative export deals
-
OpinionWhy Boeing's venerable Chinook keeps on winning
It may have been a stalwart of military aviation since the Vietnam War, but the Chinook’s appeal seems undiminished.
-
OpinionMilitary powers must keep control over machine AI
Not so long ago there was a good chuckle to be had in thinking about how the PC on your desk could outperform the room full of big metal cases with flashing lights and whirly tape reels that was the supercomputer of days gone by.
-
NewsRolls-Royce nears break-even delivery for A350-900 powerplant
Airbus’s A350-900 helped Rolls-Royce to cut its average unit losses on its large engine programmes last year, and contributed to the powerplant manufacturer’s achieving a record 510 Trent engine deliveries. Average original equipment unit losses for its large engines fell by 14%, from £1.4 million to £1.2 million, last year ...
-
NewsFinnair seeks savings as it rapidly rethinks coronavirus impact
Finnair is taking a more pessimistic view of the potential impact from the coronavirus outbreak, expecting it to result in significantly lower operating profits for the first half. It is looking to trim costs by €40-50 million ($44-55 million) to cope with the threat to its revenue streams, and is ...
-
NewsAirAsia X to renegotiate aircraft leases, defer A330neos
AirAsia X will ask lessors for lease reductions across its entire fleet as the coronavirus crisis puts a strain on its business. The Malaysian low-cost long-haul carrier has targeted a 30% lease reduction and plans to renegotiate maintenance reserves. It is also seeking the early return of five leased aircraft ...
-
NewsStrong IAG full-year profits dip but coronavirus clouds 2020 outlook
British Airways and Iberia parent IAG’s operating profit before exceptional items slipped 5.7% for the full year in 2019 to €3.29 billion as its fuel costs rose.
-
NewsRolls-Royce provisions for loss-making Trent 1000 TEN contracts
Rolls-Royce is taking a £459 million ($591 million) charge provision to recognise that some future Trent 1000 TEN contracts will become loss-making as a result of margins being affected by the blade issues affecting the engine. The engine manufacturer says the situation affects a “small number” of contracts, the result ...
-
NewsJakarta mulls debt restructuring for Garuda
Indonesia is looking to restructuring Garuda Indonesia’s debts as the maturity of one of its bonds, with a face value of $500 million, draws close. “Garuda at this point of time is under extraordinary pressure as [some of its] debt are maturing. And we will be sure to restructure [the ...
-
NewsAirAsia X cuts 2019 loss despite revenue decline
AirAsia X narrowed its operating loss to MYR90.1 million ($21.3 million), despite a decline in passenger numbers which affected its total revenue. The loss posted in 2019 is an improvement to the MYR204 million loss made in 2018. Revenue for the year ended 31 December 2019 declined 4% to MYR4.4 ...
-
NewsUK and Australia open F-35 reprogramming lab in USA
The UK and Australia have opened a joint facility related to the Lockheed Martin F-35 at Eglin AFB, Florida. The “Reprogramming Laboratory” produces mission data files that include details about the operating environment and assets in an area, which are then loaded onto aircraft using a portable hard drive. “Combined ...