All news – Page 1102
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NewsComair restart hopes boosted by competition commission backing
Comair’s efforts to resume operations have been bolstered after competition regulators backed a consortium’s proposed bid to acquire the South African carrier from business rescue.
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NewsSafran targets 2024 for Leap delivery rebound
Safran is hopeful that deliveries of CFM International Leap engines can return to 2019 levels by 2024, although it stresses that this hinges on the ramp-up of the Boeing 737 Max.
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NewsAir France-KLM laments fresh lockdown as Q3 loss tops €1bn
The new lockdown imposed by the French government amid rising cases of coronavirus across the region will weigh on Air France-KLM’s performance through the fourth quarter of this year.
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NewsSonaca to develop airframe for VoltAero Cassio hybrid
Belgian aerostructures manufacturer will transition dual-powered concept into production-ready aircraft, says start-up.
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NewsIndian govt sweetens Air India sale terms, extends bid deadline
The Indian government has changed the rules for the Air India bidding process and again extended the timeline, hoping to garner more interest in a sale of the carrier. The government is now inviting bids at enterprise value, on an equity and debt basis, civil aviation minister Hardeep Singh Puri ...
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NewsJAL to reduce 777 fleet amid swing to steep first-half loss
Japan Airlines will retire up to 24 of its Boeing 777 aircraft over the next three years, as it battles the coronavirus crisis that saw it rack up significant losses for its half-yearly results. Elaborating on its future fleet plans, the Oneworld carrier states that 11 777-200ERs used in its ...
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NewsIndiGo will continue to honour all lease payments: CFO
IndiGo will continue to honour all of its lease rental payments to lessors and has not been delaying any payments, the carrier’s chief financial officer said in a 29 October earnings call. “We are current on all our lease costs and there is no renegotiation to reduce the lease costs. ...
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NewsIndiGo posts $160 million loss in Q2 FY2021
IndiGo has posted a loss from operations before exceptional items and tax of Rs11.9 billion ($160 million) for the second quarter of the 2021 fiscal year ended 30 September as it focuses on managing the Covid-19 crisis and looks towards the “promise of the future”. The Gurugram-based carrier’s net losses ...
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NewsBritish Airways parent IAG takes €275m charge for staff cuts
IAG has recorded exceptional charges of €275 million ($321 million) in the third quarter relating to staff restructuring at British Airways and Aer Lingus. The parent company says the restructuring corresponds to a reduction of 10,000 in employee numbers, of whom over 9,000 had left by the end of September. ...
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NewsLeap deliveries more than halved so far this year
Deliveries of CFM International Leap engines more than halved across the first nine months of the year, falling to 622 against 1,316 in the same period a year earlier. French aerospace giant Safran, which is a 50:50 partner in the CFM joint venture with GE Aviation, says 172 Leap engines ...
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NewsMitsubishi imposes ‘temporary pause’ on SpaceJet; certification work continues
Mitsubishi Heavy Industries (MHI) will further trim the budget of its troubled SpaceJet programme and “temporarily pause” most related activities, as it mulls a “possible programme restart”. Releasing its medium-term business plan for its 2021-23 fiscal years, MHI adds that it will, however, still carry on with type certification documentation ...
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NewsMHI confirmed for F-X fighter development
The Japanese Ministry of Defence has signed a contract with Mitsubishi Heavy Industries (MHI) for development of the new F-X fighter. “We have signed a contract with Mitsubishi Heavy Industries,” says the ministry. “In the future, we will steadily proceed with the development of the next fighter (F-X) together with ...
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NewsAirbus delivers 500th China-built A320 to China Southern
Airbus has delivered the 500th Airbus A320 family aircraft built in its Tianjin plant in China, more than a decade after the Chinese final assembly line began operations. The aircraft, an A320neo registered B-30FX, went to China Southern Airlines. It is equipped with CFM International Leap-1A engines and is configured ...
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NewsDelta and its pilot union reach agreement to avoid furloughs
Delta Air Lines has reached a tentative deal with its pilot union to avoid furloughs at the Atlanta-based carrier until 2022.
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In depthHow Atlas freighter crash revived scrutiny of pilot performance tracking
When investigators delivered their scathing verdict on the loss of Giant 3591, the Atlas Air Boeing 767-300F that disintegrated after diving into a lake on approach to Houston on 23 February 2019, the language barely contained their frustration over the missed opportunities to prevent the accident.
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NewsTextron Aviation posts Q3 loss but aims to turn profitable in Q4
Textron Aviation lost $29 million in the third-quarter, but executives predict the aircraft manufacturer will regain profitability in the final quarter of 2020.
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NewsLockheed Martin to support JASSM-ER launch demonstrations from cargo aircraft
The US Air Force awarded Lockheed Martin a $25 million contract to help with the service’s Palletized Munitions Experimentation Campaign, an effort to test the feasibility of launching cruise missiles from the back of cargo aircraft.
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NewsEmbraer tweets picture of conceptual turboprop, hints at potential design
Embraer has released an image of what appears to be a conceptual turboprop aircraft with a fuselage seemingly borrowed from the company’s E-Jet.
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NewsSpirit Airlines reports Q3 loss, anticipates more end-of-year travel
Spirit Airlines reports lower third-quarter results and is preparing for a significant upturn as leisure travellers look to the end-of-year holidays to begin to alleviate their pent-up demand for cheap, safe travel to visit family and friends.
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NewsF-35 saga of delays continues as full-rate production pushed back again
The DoD had expressed confidence as recently as August that IOT&E would be complete by March 2021, after multiple delays since the process started in December 2018.