All news – Page 496
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Spirit confirms JetBlue makes surprise $3.6bn bid for outstanding shares
JetBlue Airways has made an unsolicited bid to purchase all of Spirit Airlines’ outstanding stock in an all-cash transaction, throwing into doubt Spirit’s $6.6 billion planned merger with Frontier Airlines.
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JetBlue confirms summer launch of Boston-London flights
JetBlue Airways will begin flights from Boston to both London Gatwick and London Heathrow airports this summer, a move that will expand the airline’s transatlantic network beyond its New York base.
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JetBlue pilots settle ‘Northeast Alliance’ dispute, but hurdles remain
JetBlue Airways’ pilots have ratified an agreement that ends a year-long dispute over aspects of the carrier’s “Northeast Alliance” (NEA) with American Airlines.
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Virgin Atlantic suffered ‘intensely challenging’ 2021 but profit expected in 2023
UK carrier Virgin Atlantic is finally transitioning from crisis-mode to recovery this year following an “intensely challenging 2021”, with an expectation that profitability will follow in 2023.
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GE picks Portsmouth for NMH engine sustainment
GE Aviation will use an existing overhaul site for the maintenance of T700 or CT7 engines should the UK select a rotorcraft equipped with either powerplant for the country’s looming New Medium Helicopter contest.
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Eurowings receives first A320neo
Lufthansa Group’s low-cost unit Eurowings has taken delivery of its first Airbus A320neo. The CFM International Leap-1A-powered jet landed in Dusseldorf on 1 April following a delivery flight from Toulouse. Source: Airbus Eurowings received its first A320neo in early April The carrier expects the aircraft to enter ...
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Conversion venture EFW names new chief executive
Freighter conversion venture EFW has named chief operating officer Jordi Boto as its new chief executive, succeeding the veteran Andreas Sperl. Sperl, whose career has included serving as Airbus chief financial officer, has stepped down from his post and left the company, says EFW. Source: EFW Boto’s career ...
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An-22 among several Antonov aircraft damaged during Gostomel combat
Ukrainian airframer Antonov has disclosed that several aircraft types, including an An-22 outsize freighter, were damaged during the firefight with Russian forces at Gostomel airport. The large four-engined An-22 had been – along with the six-engined An-225 – a highly-recognisable aircraft within the Ukrainian cargo fleet. Combat operations at Gostomel ...
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USA clears more F-16s for Bulgaria
US officials have approved the sale of an additional eight Lockheed Martin F-16 Block 70 fighters to Bulgaria.
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Hainan seeks to sell low-use A350s and lease others
Chinese carrier Hainan Airlines is to sell a pair of Airbus A350-900s, and offer another four of the type for lease. The carrier has detailed the plan in a formal tender invitation dated 2 April. It aims to divest the two A350s for sale – both delivered in late 2018 ...
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Indonesian cargo startup RGA-Black Stone eyes drone deliveries
Newly-formed Indonesian cargo carrier RGA-Black Stone Airlines is eyeing opportunities beyond its core freighter business, including venturing into drone delivery services.
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Bamboo Airways parent sees another high-level arrest
Vietnamese police have arrested an accountant at Vietnam’s FLC Group, the parent company of Bamboo Airways, following the arrest last week of the company’s chairman.
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Covid-19 hammers Vietjet revenue in 2021
Vietnam low-cost carrier Vietjet Air had a challenging 2021, with revenue and gross profit down from 2020.
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Air France-KLM eyes Leap engines for A320neo orders
Air France-KLM is in talks with CFM International over a potential Leap-1A engine deal to power its future fleet of Airbus A320neo and A321neo aircraft.
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Australia to accelerate JASSM-ER acquisition for Super Hornets
Canberra has approved an A$3.5 billion ($2.6 billion) plan to accelerate the acquisition of advanced strike capabilities, including the Lockheed Martin AGM-158 Joint Air-to-Surface Standoff Missile Extended Range (JASSM-ER).
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US defence budget marks start of five-year transition: US service chiefs
Chiefs of the US Navy, Marine Corps and Coast Guard say President Joe Biden’s fiscal year 2023 budget request represents the start of a five-year transition that will re-orient the US military to focus on countering China.
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Air Lease orders another 32 737 Max
Air Lease, one of the world’s leading aircraft lessors, has ordered another 32 Boeing 737 Max narrowbodies, bringing its total orderbook for the jets to 130 and handing a important win to Boeing’s still-recovering single-aisle programme.
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Beach towels inspire new Condor livery
German leisure carrier Condor has unveiled a new “brand identity” that will see its aircraft painted with a striped livery intended to evoke colours and designs associated with holidays.
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Russian firm looks to shift carriers onto domestic booking platform
Russian state technology firm Rostec’s joint venture with Sirena-Travel is preparing to enable Russian carriers to transfer to a domestic reservations system, to protect against possible problems with foreign booking platforms. The venture, RT-Transcom, is carrying out preparations under a state order in order to “protect the industry”. It says ...
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Piaggio sale spins up as five bidders conduct due diligence
Five potential buyers for Piaggio Aerospace have been given permission to conduct due diligence on the Italian manufacturer as the latest sale process gathers momentum.