All news – Page 2397
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News
BAE hit by defence spending cuts
BAE Systems' 2012 financial results underscored the austerity-era challenges facing arms makers, as sales dipped 7% to £17.8 billion ($27.2 billion) and pre-tax profits slipped nearly 6% to £1.41 billion.
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Air France-KLM narrows full-year operating loss
Air France-KLM has succeeded in reducing its operating loss during fiscal year 2012, but its results were hit by restructuring costs, an appreciation of...
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Sequestration could force USAF to reopen KC-46 tanker contract
A Congressional budgetary sequestration maneuver set to go into effect on 1 March may force the US Air Force to reopen its KC-46 fixed-price developmental...
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News
JetBlue unveils first A320 with sharklets
JetBlue Airways unveiled its first Airbus A320 outfitted with sharklet winglets on 21 February. The winglets will result in an about 3% fuel burn reduction...
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NASA unable to explain Taurus XL fairing failure
NASA is unable to fully determine the cause of the 2011 failure of an Orbital Sciences Taurus XL that resulted in the loss of an Earth observation satellite....
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Bombardier Aerospace announces Learjet 85 delay, disappointing 4Q12 results
Bombardier Aerospace announced a new delay for the Learjet 85 programme while posting a 30% decline in operating earnings during the fourth quarter.
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NBAA welcomes global emissions proposals
The National Business Aviation Association has welcomed global moves toward new standards to limit aircraft carbon emissions and continue the process of reducing noise levels.
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AgustaWestland and Sikorsky set to win out in UK SAR contest
AgustaWestland and Sikorsky look set to be the big winners in the UK's long-running search and rescue contest as it emerged that none of the shortlisted operators for the 10-year-plus deal, worth up to £3.1 billion ($4.7 billion), have proposed Eurocopter's EC175 for the requirement.
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IN FOCUS: A400M to meet requirements ‘from day one’: Airbus Military
Airbus Military says its first production A400M will meet performance and payload requirements for the French air force
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UK CAA plays down chances of early return for grounded EC225s
Eurocopter's hopes that its EC225 can make an early return to unrestricted overwater operations appear to be fading after the UK Civil Aviation Agency poured...
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Israel clears Elta equipment for Turkish AEW fleet
The Israeli government has approved the delivery of electronic support measures (ESM) equipment to be installed on the Turkish air force's new Boeing 737 airborne early warning and control (AEW&C) system aircraft, despite the ongoing severance of defence ties between the nations.
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PICTURE: Nigeria validates Bell 429
The Nigerian Civil Aviation Authority (NCAA) has validated the Bell 429 for operation in the country and has endorsed the light twin's gross weight increase to 3,402kg (7,500lb).
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UTair Aviation and Svyaz-Bank complete first refinancing acquisition deal for Mi-8AMTs
Russian operator UTair Aviation and Svyaz-Bank - in partnership with Region Leasing - have completed their first refinancing acquisition deal for the purchase of three new Mil Mi-8AMT medium twin-engined helicopters.
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India defence minister says indigenisation key to ending corruption
Indian defence minister AK Antony believes that an increased emphasis on indigenous arms purchases will help eliminate corruption in arms deals.
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Lockheed awarded $6.9 billion F-22 upgrade contract
The US Air Force has awarded Lockheed Martin an indefinite-delivery/indefinite-quantity contract with a ceiling of $6.9 billion to upgrade the service's...
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News
Qantas orders more 737s and upgrades A330s
Australia's Qantas Airways has ordered five additional Boeing 737-800 aircraft and extended the leases on two existing 737-800s for domestic operations. The...
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News
Ilyushin Finance moves closer to finalizing expanded CSeries order
Russian lessor Ilyushin Finance has expanded and moved a step closer to finalising an 18-month-old commitment to buy up to 42 Bombardier CSeries twinjets....
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Transport Canada clears CSeries engine for flight testing
Pratt & Whitney has achieved the first type certification for a member of the PurePower PW1000G geared turbofan family of engines, and moved the Bombardier CSeries closer to a first flight milestone by the end of June.
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Analysis
ANALYSIS: Rising aircraft acquisition prices will upset the revenue/cost equation
With aircraft expense a key factor in airline profitability, rising acquisition prices could upset the equation between cost and revenue