All news – Page 327
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American turns $127m profit in 2022 as soaring expenses eat into record revenues
American Airlines made a $127 million profit in 2022 as surging expenses offset what was a record year of revenue for the Fort Worth-based carrier.
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Leonardo Helicopters ditches HTS900 engine from AW09 in favour of Safran Arriel 2K
Leonardo Helicopters has dropped the Honeywell HTS900 powerplant from the Kopter AW09 light-single, replacing it with the Safran Helicopter Engines Arriel 2K.
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Wizz sees strong summer ahead as currency gains boost third quarter
European budget carrier Wizz Air is confident of returning to profit and pre-Covid utilisation in the next financial year after more than doubling its revenues in its latest financial quarter.
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Italian industry cements its role in GCAP fighter effort
Italy’s leading defence companies have signed a contract to advance the nation’s role in the UK-led Global Combat Air Programme (GCAP), which seeks to deliver a new manned Tempest fighter and complementary systems for operational use from 2035.
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Police UAV operator ‘saturated’ before collision with landing Cessna
Canadian investigators believe the police operator of an unmanned aerial vehicle became task-saturated, and unaware of a collision risk, before the craft was struck by a Cessna 172N flown by a student on a training flight. York Regional Police was operating the drone in the vicinity of Toronto-Buttonville municipal airport ...
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AirAsia Aviation units still below half pre-Covid traffic, despite ‘strong recovery path’ in 2022
AirAsia Aviation units were operating at less than half of pre-pandemic capacity – with total passenger volume also far from 2019 levels – despite seeing an “exceptional increase” in demand as international travel resumed in 2022.
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Jet2 believes full-year financial results will beat expectations
UK leisure carrier Jet2 is forecasting it will exceed full-year financial expectations, with a profit of £370-385 million ($458-476 million) after winter bookings strengthened. Jet2 states that average load factors, as a result, are slightly ahead of the pre-pandemic winter 2018-19 season, compared with a 24% hike in capacity. The ...
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Boeing still coping with ‘unstable’ 737 delivery pace
Boeing expects to deliver between 30 and 40 737s monthly in 2023 – and where it falls in that range will depend largely on its ability to fix supply and labour issues.
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India domestic traffic rises 47% in 2022
Indian airlines saw a significant increase in domestic traffic in 2022 as pandemic restrictions eased, with Tata Sons-owned Vistara and Air India clawing back market share.
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Hawaiian restores flights between Honolulu and Fukuoka, Japan
Hawaiian Airlines is reinstating more flights to Japan, its most important overseas market, as it rebuilds its network in the Asia-Pacific region after almost three years of coronavirus-driven restrictions.
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Boeing’s truss-braced-wing demonstrator will ‘definitely’ inform next aircraft: CEO
Boeing chief executive David Calhoun insists future narrowbody commercial aircraft will benefit from technologies advanced as part of Boeing’s partnership with NASA to develop a truss-braced-wing demonstrator.
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Boeing pushes back plan to bring 787 production to five monthly
Boeing has delayed until later this year a plan to bring 787 production to five aircraft monthly, citing a production slowdown due to a “supply constraint”.
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Swiss starts flying A340s with premium-economy cabins
Lufthansa Group carrier Swiss has started flying Airbus A340-300s fitted with premium-economy seating. Swiss is retrofitting all four of its A340s with the seats, the first of which (HB-JMB) commenced services with the new configuration on 24 January with a Zurich-Johannesburg flight. The airline says the A340s will all be ...
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Airbus promises to be ‘voice of reason’ in face of eVTOL hype
Airbus Helicopters intends to be the “voice of reason” in the emerging market for electric vertical take-off and landing (eVTOL) aircraft, arguing that the industry is making too many unrealistic promises about service entry.
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Textron confident Bell’s FLRAA win will survive Lockheed challenge
The parent company of helicopter manufacturer Bell is confident the company’s win in the US Army’s Future Long Range Assault Aircraft contest will be upheld, amid a challenge from competitor Lockheed Martin.
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Textron Aviation’s 2022 profit jumps as supply chain troubles disrupt production
Textron Aviation turned a $584 million profit in 2022, a year in which parts shortages held up production even as demand for new business aircraft remained strong.
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US approval for H160 expected in 2023: Airbus Helicopters chief
US certification of the Airbus Helicopters H160 could finally be obtained this year – almost three years behind the type’s initial validation by European regulators.
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Commercial and defence programmes push Boeing to $5.1bn 2022 loss
Boeing lost $5.1 billion in 2022 as lacklustre performance from its commercial aviation division combined with its defence business swinging into the red.
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Airbus Helicopters confident on Broughton’s abilities if picked to build Puma replacement
Airbus Helicopters maintains there is no need to produce a ‘proof-of-concept’ H175M at its proposed Broughton assembly line for the super-medium-twin as it chases a key contract from the UK.
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Uzbekistan Airways revives attempts to sell ageing Boeing and Soviet-era fleets
Uzbekistan Airways is reviving attempts to sell an ageing fleet of Boeing twinjets as well as older Soviet-era aircraft, having recruited a UK-based consultant. The flag-carrier of the Central Asian state has been modernising its operation and recently opted to acquire additional Airbus A320neo-family jets. But it has been trying ...