All news – Page 43
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News
SecInt Group details expansion plan on back of Polish acquisition
Uncrewed systems and surveillance specialist SecInt Group is promising to introduce a range of new and upgraded products as it builds on the recent acquisition of Polish aircraft manufacturer Marganski & Myslowski Aviation (MMA).
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News
Cargolux’s full-year figures illustrate return of cyclical freight activity
Freight specialist Cargolux Group achieved a full-year net profit of $286 million, but the figure is substantially down on the previous level of $1.6 billion. Cargolux generated revenues of $2.97 billion for 2023, over 40% lower than its 2022 performance. The carrier says the figures show the “cyclical nature” of ...
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News
DHC-6 floatplane wing-strike inquiry wrestles with pilots’ contradictory testimonies
Investigators probing a Maldives water-landing accident which damaged a Viking Air DHC-6-300 floatplane have disclosed contradictory testimonies from the pilots over the application of power. The Trans Maldivian Airways turboprop had been approaching Vommuli aerodrome on 16 May last year, following a service from Sun Siyam Iru Veli. It conducted ...
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News
Aeroflot claims lowest first-quarter net loss in five years
Russian flag-carrier Aeroflot has turned in a first-quarter net loss of Rb6.9 billion ($75.3 million), but states that this is its lowest loss for the period in five years. It says the result – under Russian accounting standards – illustrates a “trend of progressive improvement”. Aeroflot says it achieved the ...
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News
Scandinavia’s Frost Air obtains own air operator’s certificate
Scandinavian ad hoc and sub-charter carrier Frost Air has been granted an air operator’s certificate from Danish regulators.
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News
KL’s Subang airport could see jet operations by third quarter
Malaysia’s transport minister expects jet operations to resume at Kuala Lumpur’s Subang airport, possibly in the third quarter of 2024.
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News
Single-seat FA-50 to have 30% better range than current two-seater
The planned single-seat version of the Korea Aerospace Industries FA-50 light attack jet will have a 30% range improvement over the current two-seater.
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News
JAL doubles full-year profit amid spike in LCC, international revenue
Japan Airlines’ full-year earnings soared past pre-pandemic levels, as the airline benefited from a surge in inbound travel demand, along with strict cost controls.
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News
PAL parent sees Q1 profit dip amid cost pressures
Philippine Airlines parent PAL Holdings saw first-quarter profits decline on the back of cost pressures, but notes that this was “an expected outcome” as travel demand normalises.
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News
Joby wraps up flight testing with pre-production eVTOL prototype
US air taxi start-up Joby Aviation has concluded the pre-production flight test programme that it launched four years ago, now transitioning into a production-focused phase of development.
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News
Textron consolidates parts distribution operations in Wichita
Textron Aviation has unveiled a massive expansion of its distribution facility in Kansas to support thousands of Cessna, Beechcraft and Hawker aircraft operating globally.
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Analysis
Strong backlog but lack of new design work paints mixed picture at Sikorsky
The company that pioneered rotary-wing aviation boasts a years-long backlog for its existing aircraft, particularly variants of the H-60, but has not yet secured a customer for a clean-sheet aircraft using Sikorsky’s proprietary X2 compound coaxial technology.
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News
UK MoD must find use for wing technology from axed Mosquito project, argues Spirit executive
The UK Ministry of Defence (MoD) has so far missed the opportunity of utilising advanced manufacturing technologies developed through a cancelled unmanned aircraft demonstrator programme in future products, a leading supplier has argued. Speaking as part of the Northern Ireland Affairs Committee’s inquiry into defence spending in the country on ...
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Frontier expects capacity shift to pay off this spring
US ultra-low-cost carrier Frontier Airlines expects its new network strategy focused on overlooked markets with less competition from its rivals will start paying off soon.
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Initial A380 for UK start-up Global arrives in Scotland after gear-down transatlantic crossing
UK start-up Global Airlines’ first Airbus A380 has arrived in Scotland ahead of undergoing maintenance and an interior refurbishment before being put into service. The ex-China Southern Airlines aircraft departed its storage location at Mojave on 30 April, for a 17h journey to Glasgow Prestwick via a refuelling stop at ...
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News
Air Canada lost C$81m in first quarter as costs rose
Air Canada lost C$81 million ($59 million) in the first quarter of 2024 as higher costs related to increased capacity, and less cargo revenue, weighed on the company.
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News
Blade release due to manufacturing defect doomed VX4 prototype, says UK AAIB
Vertical Aerospace’s initial VX4 prototype was written off after the failure of a propeller blade due to a manufacturing fault which led to a loss of thrust from two of the aircraft’s remaining electric motors, ultimately causing it to impact the ground with a high rate of descent, UK investigators have determined.
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News
IATA’s Walsh blasts Germany for ‘unhealthy obsession’ with aviation taxes
IATA has blasted the German government for a rise in aviation taxes that went into effect on 1 May.
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News
Oman Air transformation to be led by Flyadeal chief Korfiatis
Middle Eastern carrier Oman Air has named Con Korfiatis, the head of Saudi budget airline Flyadeal, as its chief executive. Korfiatis will succeed acting chief Nasser Al Salmi, the airline’s chief operating officer, who stepped up to the top post last year in place of Abdulaziz Al Raisi. The appointment ...
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News
Jazeera blames currency fluctuations as first quarter performance dips
Kuwaiti budget carrier Jazeera Airways is blaming adverse foreign currency effects for a first-quarter net loss of KD2.7 million ($8.8 million). The figure is a reversal of the KD2.3 million profit achieved in the same quarter last year. Jazeera Airways says the result was “mainly due” to the impact of ...