All news – Page 154
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Analysis
UAE ramps up SAF ambitions ahead of Dubai air show and COP28
Dubai will next month host two major global events which are likely to underline the UAE’s ambition to be a significant player in the supply of renewable energy, particular sustainable aviation fuel.
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News
IAG carriers top pre-Covid levels as group posts Q3 profit of €1.7bn
IAG posted a 43% jump in operating profits to €1.75 billion ($2.05 billion) for the third quarter on continued strong demand which drove passenger revenues up a fifth for the period.
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In depth
Hyundai eVTOL unit Supernal readies campaign to service entry
US urban air mobility firm Supernal has an ambitious roadmap to service entry, as it prepares to reveal the configuration of its first eVTOL aircraft.
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News
Air France-KLM cites strong summer demand as Q3 operating profit hits €1.3bn
Air France-KLM saw its operating performance hit record levels during the peak summer months amid strong passenger demand, prompting it to maintain a positive outlook for the rest of the year.
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News
Baltic operator Heston Airlines obtains investment from lessor Genesis
Lithuanian operator Heston Airlines has obtained investment from Irish-based lessor Genesis, which is taking a minority shareholding. Neither the size of the investment nor that of the share has been disclosed. But the agreement underpins a partnership which has been in place since 2020. The Vilnius-based carrier commenced flights in ...
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News
MAVCOM intensifies investigation into collapsed MYAirline
Police have arrested some of the grounded airline’s carriers on allegations of money laundering, unliicensed deposit-taking schemes, and fraud.
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News
Chinese J-11 makes dangerous intercept of USAF B-52 over international waters
Pacific Air Forces express concern that Chinese pilot failed to realise how the intercept could have caused a collision.
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News
Brazil’s Embraer delivers 43 jets during the third quarter
Brazilian airframer Embraer delivered 43 jets during the third quarter, 30% more than it did in the same period last year.
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News
Mexico’s VivaAerobus posts $56m profit during third quarter
Mexican low-cost carrier VivaAerobus earned $56 million during the third quarter of 2023, its second consecutive quarter with a profit, as demand was high and fares improved.
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News
SkyWest profitable in Q3 as block hours fall
US regional carrier SkyWest Airlines earned $23.5 million during the third quarter, down from $48.3 million last year as it flew 10% fewer block hours.
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News
United plans flights to 38 European destinations next year
United Airlines will fly to 38 European destinations during the 2024 northern hemisphere summer travel season, including the only flight between the New York City metropolitan area and Faro, Portugal, as well as new connections to Reykjavik, Brussels, Rome and Malaga.
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News
SkyWest orders 19 new E175s to fly on behalf of United
US regional carrier SkyWest Airlines will acquire 19 new Embraer 175s to fly under contract for United Airlines.
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News
Beta delivers first electric aircraft to USAF
The Vermont-based aircraft manufacturer flew one if its conventional take-off variant Alia types from the northeastern USA to Eglin AFB in Florida, delivering the fully-electric platform to the US Air Force for evaluation.
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News
Southwest third-quarter profit falls 30% to $193m as expenses rise
Southwest Airlines reported a 30% decline in profit as increasing costs outweighed strong leisure demand and additional ancillary and loyalty programme revenue during the summer travel season.
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News
Southwest orders 108 Boeing 737s and takes more order options
Southwest Airlines has restructured its order book with US airframer Boeing, planning to receive up to 216 more 737 Max between 2023 and 2031.
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News
Frontier reports lacklustre Q3 results as it struggles in ‘over-saturated’ core markets
Frontier Group Holdings struggled with soft third-quarter demand in its core markets and operational difficulties that company executives attribute to air traffic controller shortages.
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News
Frontier adopting European ultra-discounter strategies amid ATC-related disruptions
Biffle describes how the Denver ultra-low-cost carrier is shifting its network and capacity strategy partly in response to ongoing operational difficulties it attributes to ATC staffing shortages.
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News
Northrop expects B-21 low-rate production contract by year-end
Defence contractor Northrop Grumman says it remains on track to fly the secretive B-21 Raider stealth bomber before the end of 2023, with the US Air Force expected to issue the company a low-rate initial production contract for the type shortly after that milestone.
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News
Spirit Airlines posts ‘disappointing’ third-quarter results on price weakness
Spirit Airlines lost $158 million in the third quarter of 2023 as the carrier experienced price weakness in its core markets.
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News
Air France-KLM renews and deepens partnership with Gol
Air France-KLM and Brazilian carrier Gol have reached agreement to renew their existing co-operation for a further 10 years.