All news – Page 1425
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News
SIAEC's first quarter profit up 74%
SIA Engineering (SIAEC) posted a dramatic increase in its operating profit in the first quarter of fiscal 2019, with a 74% jump to S$17.7 million ($12.9 million).
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News
Restated accounts show Garuda loss widened in 2018
Garuda Indonesia has restated its 2018 financial results, which now show that it made a full year operating loss of $139 million, instead of the $101 million operating profit disclosed in April.
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News
Alliance gains two year extension to BHP Iron Ore contract
Alliance Airlines will continue to provide fly in, fly out charter services from Perth to BHP’s Coondewanna and Barimunya mines for two more years.
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News
First AH-64E Apaches arrive in India
The Indian Air Force will receive its full complement of 22 Boeing AH-64E Apache attack helicopters by 2020, as its first four examples arrive at Hindan Air Force Station.
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News
Southwest outlines latest Max return-to-service plan
Southwest Airlines executives used much of the company’s second quarter earnings call to outline how the Boeing 737 Max grounding has affected its operations, finances and fleet plan.
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NewsCape Air team inspects two P2012 Travellers ahead of deliveries
Cape Air has edged closer to receiving its first Tecnam P2012 Travellers, with airline staff having recently inspected the first two of those aircraft at Tecnam’s headquarters in Capua, Italy.
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News
Genghis Khan Airlines launches operations
Chinese start-up carrier Genghis Khan Airlines has launched operations with the Comac ARJ21.
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OpinionAviation faces increasingly uncertain outlook
Glass-half-empty people generally do not run airlines; as the old saying goes, the industry has never made money. Like most old sayings, that one is not strictly true – but it is fair to note that “airlines” and “troubled” often go together.
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NewsAmbitious EcoPulse project must overcome significant hurdles
An all-French bid to devise a technical path to hybrid-powered flight highlights one of the most daunting challenges facing engineers looking to enlist electric propulsion in the battle against noise and emissions: the high voltages required by such systems.
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OpinionMax costs keep rising but airlines have few options
For months, Boeing has framed its 737 Max issues as a temporary, though unfortunate, setback to an aircraft programme that will surely rise again.
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Analysis
ANALYSIS: L3Harris raises training game at new Gatwick centre
The new L3Harris, with its combined revenues of around $17 billion, may tower over CAE in terms of size, but in the reasonably new area of pilot training for the US defence systems giant it comes in a far second to the Canadian market leader. However, the company’s impressive London ...
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News
Cobham eyes spin off Australian unit ahead of buyout
QantasLink and resource charter operator Cobham Aviation Services Australia looks likely to be sold after its UK parent company agreed to a £4 billion ($5 billion) takeover deal with US private equity firm Advent International.
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News
American funds spare engines with $650m EETC
American Airlines closed a $650 million secured engine financing via the private placement market in June.
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NewsAmerican overcomes Q2 challenges with record revenue
American airlines reports a $1.1 billion profit for the second quarter, a period marketed by operational disruption, ongoing litigation with mechanics and a capacity shortfall caused by the 737 Max grounding.
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News
Spirit warns of cost creep, reliability woes as Q2 profit jumps
Spirit Airlines forecasts higher costs and more cancelled flights for the rest of 2019 as it aims to reconfigure its flight plans and factor in challenging weather conditions as the ultra-low-cost airline adapts to its expanding network and new routes.
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NewsMTU raises 2019 profit outlook
German engine specialist MTU Aero Engines has increased its 2019 earnings forecast, following improved profitability in its manufacturing and maintenance segments.
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News
737 Max grounding prompts Southwest to cease Newark service
Southwest Airlines will end service at Newark Liberty International airport on 3 November in response to constraints created by the grounding of the Boeing 737 Max, the airline says on 25 July.
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News
Cobham snapped up by US private equity group
Cobham, the publicly listed UK-based aviation equipment, electronics and services business, is to be taken over private by a US private equity group in a cash deal pegging its value at approximately £4 billion ($5 billion).
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Interview
INTERVIEW: Qatar Airways head of talent development on how technology is changing training in the industry
With a solid track record working at Middle East carriers Gulf Air and Emirates, Brendan Noonan was plucked from retirement by Qatar Airways, where he now manages the training of some 30,000 staff
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InterviewMaking the super-fast connection
Sergio Aguirre is president of Gogo’s Business Aviation division, where he is focused on driving down the cost of in-flight connectivity while increasing capacity and speed for its growing customer base