All news – Page 1083
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News
IAG acquires Air Europa in bid to transform Madrid
Iberia and Vueling parent IAG has agreed to acquire another Spanish operator, Air Europa, for a cash transaction of €1 billion ($1.1 billion).
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Singapore mandates unmanned aircraft registration
The Civil Aviation Authority of Singapore (CAAS) is implementing mandatory registration of all unmanned aircraft — such as drones — from next year.
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Ryanair cuts 737 Max fleet forecast again
Ryanair has cut back further its Boeing 737 Max fleet forecast, expecting only 20 aircraft to arrive in time for the 2020 summer season.
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Ryanair tightens full-year profit range outlook
Budget carrier Ryanair is expecting a slight improvement to the fare situation over the second half, while other contributing elements have led the airline to narrow its full-year net profit forecast to €800-900 million ($890 million to $1 billion).
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News
Cebu Pacific firms up A330-900 commitment
Cebu Pacific has firmed up its commitment to acquire 16 Airbus A330-900 aircraft, first made at the Paris air show in June.
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RAF's first Poseidon delivered for training
Boeing has formally delivered a first P-8A Poseidon MRA1 maritime patrol aircraft to the UK Royal Air Force (RAF), with the adapted 737NG to support crew training activities in the USA for the next few months.
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Garuda's nine-month result shows return to profitability
Garuda Indonesia posted an operating of $253 million for the first nine months of 2019, a significant turnaround from a $70.8 million operating loss in the year-ago period.
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News
JAL adds new routes in 2020
Japan Airlines (JAL) has announced the routes it will launch in 2020, covering flights within Asia-Pacific and to the United States.
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Mahan Air further restricted from European operations
Italian civil aviation regulators have limited the authorisation of Iranian carrier Mahan Air, cutting off its route permits just a month and a half into its winter schedule.
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Ural introduces first A321neo
Ural Airlines has received its first Airbus A321neo, the third aircraft from the re-engined family to enter the Russian carrier's fleet.
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Loss-making Thai Airways' chairman quits
Thai Airways International's chairman has stepped down amid continuing pressure over the loss-making airline's financial performance.
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Spirit AeroSystems sees Bombardier deal as path to new markets
Spirit AeroSystems views its pending purchase of Bombardier's aerospace businesses as a means to acquire more Airbus work, expand its footprint into lower-cost regions and acquire high-tech, composite manufacturing assets.
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News
USA approves possible Croatian Black Hawk sale
Croatia is closer to the acquisition of a pair of Sikorsky UH-60M Black Hawk helicopters after the US State Department gave its blessing to the possible deal.
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Indonesia plans to buy two squadrons of F-16s, but also Su-35s
The Indonesian air force plans to buy two squadrons of Lockheed Martin F-16 Block 72 Viper fighters, while also following through on its plan to purchase a squadron of Russian’s Sukhoi Su-35s.
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Thomas Cook shareholder Fosun picks up brand name
Leisure firm Thomas Cook's brand has been acquired by shareholder Fosun Tourism Group as part of an £11 million ($14 million) agreement to pick up assets from the collapsed company.
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Analysis
Contrasting fortunes of UAE's two low-cost carriers
It has been a year of contrasting fortunes for the United Arab Emirates’ (UAE’s) two low-cost carriers. All-Airbus operator Air Arabia has continued to thrive, notching up robust first-half profits and adding its first three A321LRs to its fleet of 52 A320s.
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Investigators belatedly detail An-24's fatal loss of stability
Ukrainian investigators have belatedly detailed the deceleration and stall of a heavy Antonov An-24RV which fatally crashed as it attempted to land at Donetsk six years ago.
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SIA Engineering claims strong rise in quarterly profit
Singapore's SIA Engineering boosted operating profit 73% in its fiscal second quarter, to S$19.6 million ($14.4 million).
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Icelandair secures additional 737 Max compensation
Icelandair Group has reached a second agreement with Boeing regarding partial compensation for the 737 Max suspension.
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Mitsubishi Heavy’s aviation unit turns profitable in first half
Mitsubishi Heavy Industries’ (MHI) aircraft, defence and space unit continued to remain in the black, posting a first-half operating profit of Y12.6 billion ($117 million).