All news – Page 479
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Sun Country reports profit as scheduled service demand soars
Sun Country Airlines has reported a first-quarter profit as customer demand in its scheduled service segment grew quickly following an Omicron-driven dip early in the year.
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Boeing headquarters now in Virginia, marking strategic shift
Boeing has moved its global headquarters from Chicago to Arlington, Virginia, a major transition the company says will align it closer with customers and help it advance development of new technologies.
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Atlas’ long-term dedicated-freighter contracts drives higher earnings
Atlas Air Worldwide Holdings, the parent of Atlas Air, says long-term contracts for dedicated freighter capacity are fueling growth and profits, and driving fleet expansion.
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Boeing to move headquarters to Arlington, Virginia: report
Boeing reportedly intends to move its corporate headquarters to the Washington, DC area from Chicago, reflecting the company’s ambition to be closer to government customers.
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Spirit cites anti-trust ‘red flags’ in rejecting JetBlue bid
A myriad of anti-trust issues convinced Spirit Airlines’ board to reject JetBlue Airways’ offer to acquire it, and to pursue the original proposal from Frontier Airlines.
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Bombardier backlog swells in first quarter amid roaring demand for new business jets
Bombardier landed $1.3 billion in new aircraft orders in the first quarter of 2022 amid what executives describe as a continuing hot streak for business jet sales.
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Swiss aims for breakeven as it outperforms Lufthansa Group partners
Swiss saw the biggest first-quarter operating result improvement of all Lufthansa Group carriers and is targeting breakeven this year, as it rides a wave of strong demand after a challenging couple of years.
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Software snag spurs urgent A350 directive on elevator control
Operators of certain Airbus A350s have been instructed urgently to implement a number of operational and dispatch restrictions over a software snag which could lead to loss of elevator control. The issue centres on the introduction of a flight-control software standard, known as X13, on production aircraft and which is ...
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Cargojet 767 forced into high-altitude go-around during pressurisation incident
Canadian investigators have disclosed that a Boeing 767-200ER freighter which returned to Mexico City after a depressurisation incident was forced into a go-around by a prolonged wait for landing clearance. The go-around procedure at the high-elevation airport – which included climbing to 12,000ft – triggered cabin-altitude warnings, for which the ...
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Lufthansa reminds of A380 option amid strong demand and Boeing delays
Pent-up demand for air travel is “enormous” but the aviation industry faces a “major operational challenge” this summer as rising passenger numbers coincide with staff shortages at airports and other stakeholders, Lufthansa Group chief executive Carsten Spohr has warned.
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Airbus chief insists titanium sourcing ‘protected’ over near term
Airbus chief executive Guillaume Faury believes the airframer has sufficient protection in titanium supply, following the imposition of sanctions on the Russian market. Speaking during a first-quarter briefing, Faury insisted that Airbus’s operations on the supply side were protected in the “short to medium term”. The company is looking to ...
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Lufthansa Group looks to strong summer demand as fuel costs bite
Lufthansa Group’s overall results improved in the first quarter, although rising fuel costs held back the recovery of its passenger airline business during the first three months of the year.
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Air France-KLM projects summer profit after cutting first quarter loss
Air France-KLM Group expects to break even at the operating level in the second quarter and to be “significantly positive” in the third after reporting strong recovery signs in the first three months of the year despite the impact of Omicron and the Ukraine crisis.
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Winglet missing from Envoy E175 after turbulence encounter
Investigators are probing the loss of a winglet from an Embraer 175, apparently during turbulent conditions while carrying out a domestic US service. The aircraft (N233NN) was being operated by American Airlines’ regional division Envoy Air, and was en route from Charleston to Dallas on 3 May. According to a ...
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Airbus promotes A220 for Asia-Pacific regional routes
Airbus in the midst of an Asia-Pacific promotional tour for the A220, which it says is ideal for carriers aiming to operate new regional routes.
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Changi Airport passenger volumes double in April
Singapore has seen a “significant improvement” in air travel, with passenger movements at Changi Airport more than doubling in the month following the country’s full opening of its borders.
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Cargo propels Korean Air to record Q1 operating profit
Strong cargo revenue and recovery passenger traffic have propelled Korean Air to a record high operating profit for the first quarter of 2021.
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Qantas to acquire Alliance Aviation in A$614 million deal
Qantas will acquire compatriot Alliance Aviation in a A$614 million ($445 million) deal that will see the national carrier gain a foothold in charter operations for the country’s resources industry.
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Canberra sticks with Camcopter S-100 for shipborne UAV requirement
Canberra has decided to go with a sole-source acquisition to fill an unmanned air vehicle (UAV) requirement for the Australian navy.
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Spirit Airlines doubles revenue in Q1, saw ‘dramatic improvement’
Spirit Airlines doubled sales in the first quarter as demand trends showed a “dramatic improvement” in the later part of the period.