All news – Page 328
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EDGE invests in Israeli UAV ATM specialist
UAE defence group EDGE is buying a $14 million stake in an Israeli specialist in air traffic management (ATM) technology for unmanned air vehicles.
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Airbus insists Tiger MkIII upgrade is not ‘at risk’ amid signs of faltering French support
Airbus Helicopters remains confident that France will continue to back the MkIII upgrade of the Tiger attack helicopter, despite media reports that Paris is seriously considering scaling back the programme due to budget constraints.
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EasyJet expects to beat full-year profit expectations after cutting Q1 losses
EasyJet expects to beat current market expectations for full-year profits after narrowing losses in a stronger than expected first quarter of its financial year.
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Faury laments imbalance of US-European space-launch capabilities
Airbus chief executive Guillaume Faury has expressed concern over the disparity between European and North American space launch capability, during an event in London. He spoke at the social event – attended by several members of the UK’s parliament, as well as business figures – on 24 January. Participation in ...
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Lockheed’s first Greenville-built F-16 makes debut flight
Lockheed Martin has performed a debut flight with the first F-16 fighter built at its Greenville site in South Carolina: a two-seat, Block 70 example built for Bahrain.
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India’s Akasa Air picks AFI KLM E&M for component, APU support
Indian start-up Akasa Air has selected Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) for component and APU maintenance support.
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Collins’ aircraft interiors business faces long road to recovery
Collins Aerospace’ aircraft interiors business is lagging the company’s broader recovery due to the slow return of demand for international long-haul air travel.
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Flat sales in 2023, return to growth in 2024 for Lockheed Martin
Inflation and supply chain headwinds continue to challenge the defence manufacturer, but company executives say new contracts and better than expected defence funding in the USA will drive a return to growth in 2024.
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Guardia di Finanza takes first skid-equipped AW169M
Italy’s Guardia di Finanza law-enforcement body has received its first of an eventual six skid-equipped Leonardo Helicopters AW169Ms.
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Raytheon to combine military systems businesses and names Calio president
Raytheon Technologies has disclosed plans to consolidate two defence-focused divisions, reoganising its business into three divisions with Christopher Calio as its next president.
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United takes 10% stake in Mesa Air Group, valued at $10.5m
United Airlines has taken a 10% stake in Mesa Air Group, the parent of Mesa Airlines, valued at $10.5 million.
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Passenger fleet to grow by 22,000 aircraft by end-2041: Cirium
The global passenger fleet is forecast increase by around 22,000 aircraft – or 86% – between end-2021 and end-2041 to meet growing demand for air travel, according to Ascend by Cirium.
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Raytheon reports sluggish defence growth despite high demand
The aerospace conglomerate reports strong growth in the sale of commercial aviation products, but says it still faces significant manufacturing headwinds in its defence portfolio.
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Shortages of P&W engine components to continue through most of 2023
Availability of complex metal components used to produce aerospace turbofans will likely remain constrained through most of this year.
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Kazakhstan’s Qazaq Air seeks jets for network expansion
Kazakh regional carrier Qazaq Air is looking to introduce jets to its fleet in order to expand its network. The airline’s management has visited Dublin to discuss options with a number of possible lessors, aircraft manufacturers and financial firms. Qazaq Air has not disclosed its specific requirements. But the airline ...
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Norse Atlantic to open JFK service from fifth European capital
Scandinavian long-haul low-cost carrier Norse Atlantic Airways is to open services between Rome and New York JFK in mid-June. The airline is to operate to the US gateway from Rome’s main Fiumicino airport. Rome will be the fifth capital city that Norse will connect to JFK, after the airline previously ...
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GE Aerospace’s 2022 profit jumps as recovery continues
GE Aerospace’s 2022 profit jumped 66% year-on-year to $4.8 billion, partly reflecting a bump in revenue from commercial aviation parts and aftermarket services sales.
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Ramp personnel held engine-safety brief before fatal E175 ingestion accident
US investigators have disclosed that a ramp worker was fatally injured after being sucked into the engine of an Embraer 175 at Montgomery airport despite the ground crew’s holding specific engine-safety briefings a few minutes before the aircraft arrived at the gate. The safety briefings were conducted because the Envoy ...
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Qinetiq boosts fixed-wing training fleet for German military
German operator Qinetiq GmbH has announced a fleet expansion involving its acquisition of nine secondhand Pilatus PC-9Bs and a new-build pair of Diamond DA62s.
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TVRS-44 undergoes performance analysis for water ditching scenarios
Russian analysts have been examining the behaviour of the proposed UZGA TVRS-44 turboprop during ditching events. The aircraft – also known as the ‘Ladoga’ – is a twin-engined high-wing design intended to accommodate 40-50 passengers. Researchers at the Central Aerohydrodynamic Institute have completed a series of tests for an emergency ...