All news – Page 207
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IndiGo to launch venture capital arm
IndiGo is seeking regulatory approval for the launch of a venture capital arm.
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Buoyant IndiGo reports record quarterly profit and passenger numbers
IndiGo recorded its highest-ever quarterly revenue of Rs172 billion ($2.1 billion) during the April-June period, powering it to a record net profit of Rs31 billion.
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Korean Air reports ‘moderate’ Q2 profit amid declining cargo market
Korean Air boosted its overall revenue in the second quarter of this year but saw its operating profit fall, as the strong recovery of passenger demand was offset by higher costs and a significantly weaker freight market.
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Canary Islands start-up Surcar aims to use hydrogen-electric Twin Otters
Canary Islands floatplane start-up Surcar Airlines is intending to use hydrogen-electric engines on De Havilland Twin Otter aircraft. The company plans to introduce aircraft retrofitted with the ZA600 powertrain developed by propulsion specialist ZeroAvia. Surcar Airlines is looking to offer inter-island services and sightseeing tours. It will initially use conventionally-powered ...
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Etihad Airways unveils new route to US gateway
Middle Eastern carrier Etihad Airways is to open another US route, with services to Boston from spring next year. The Abu Dhabi-based carrier says the connection will take the number of US cities it serves to four. Etihad already operates to New York, Chicago and Washington, and also flies to ...
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First Russian-built collision-avoidance system to be fitted on Superjet
Russian avionics specialist Navigator is aiming to deliver the country’s first domestically-built collision-avoidance system later this year. Navigator says the system – known as SPSV – has passed the third of four certification stages for aviation equipment under Russian standards. The fourth stage will finalise the process and confirm that ...
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Garuda swings to half-year operating loss of $110 million
Indonesian carrier Garuda swung to operating loss of $110 million in the first six months of 2023, despite a surge in revenue.
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Shinmaywa sees higher production volumes for 777X, 787 programmes
Japanese conglomerate Shinmaywa is seeing higher production volumes for shipsets related to the Boeing 787 and Boeing 777X aircraft, in addition to more local defence work.
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Israel’s El Al receives long-deferred final 787-8
Israeli flag-carrier El Al has finally taken delivery of the last Boeing 787 from its original order, bringing its fleet of the twinjets to 16. The aircraft is s 787-8 variant (4X-ERD) and arrived in Tel Aviv from Seattle on 31 July. It was subsequently put into operation on routes ...
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Fuel-cell-converted aircraft could replace 20% of turboprop market: report
A new report concludes that fuel-cell powered ATR and De Havilland Canada turboprops could have enough range to cover most typical turboprop routes – but only when carrying far fewer passengers.
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Air NZ calls for airports to support Mission Next Gen flights from 2026
Air New Zealand is looking for domestic airports to become test locations for its planned low emissions demonstrator aircraft.
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RNZAF pauses NH90 flying in wake of Australian MRH90 crash
The Royal New Zealand Air Force (RNZAF) has temporarily halted flight operations with its NH Industries NH90 helicopters following the fatal crash of an Australian MRH90 Taipan on 28 July.
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JAL rebounds to first quarter profit as passenger revenues surge
Japan Airlines Group swung back to profitability in its fiscal first quarter, amid an uptick in passenger revenues past pre-pandemic levels.
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Frontier navigates weather, ATC issues and long-haul competition to Q2 profit
Frontier Airlines on 1 August reports a $71 million second-quarter profit amid competition from international long-haul flights and ongoing operational difficulties.
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JetBlue posts profitable Q2 amid operational struggles, breakup with American
US low-cost carrier JetBlue Airways reports a second-quarter profit of $138 million – compared with a $188 million loss last year – while the carrier struggles operationally and works to unwind its alliance with American Airlines.
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JetBlue’s operational struggles in Northeast contribute to gloomy Q3 revenue outlook
Flight disruptions related to summertime thunderstorms and air traffic control worker shortages at major airports in the Northeast USA have been “much, much worse” than anticipated by JetBlue Airways.
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Israir Group agrees six-month extension to Smartwings negotiations
Israeli operator Israir Group has agreed a six-month extension to the deadline for completing negotiations over its proposed acquisition of Czech carrier Smartwings. Israir Group says the 180-day extension – which commences on 4 August – has been agreed with Smartwings shareholders. The negotiations between the parties concern particular aspects ...
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Shimmy dampers examined after Red Air MD-82 gear collapse
US investigators have been scrutinising shimmy damper mechanisms from a Red Air Boeing MD-82 which suffered a main landing-gear collapse and runway excursion after touching down at Miami. The aircraft – arriving from Santo Domingo on 21 June last year – touched down on runway 09 but, some 1,300ft into ...
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Akasa clears international flight threshold after taking Asia’s first Max 8-200
Ambitious Indian low-cost carrier Akasa Air has become the first Asia-Pacific operator to take delivery of a higher-density 737 Max.
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Nordica turns to Knighthood Global for turnaround after revenue falls short
Estonian carrier Nordic Aviation Group has brought in consultancy firm Knighthood Global to carry out a restructuring, in an attempt to turn around losses after supply chain issues hit its revenues amid rising costs.