All news – Page 509
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NewsTransat fiscal Q1 earnings hit by Omicron, hopes for more government aid
Transat AT, the parent company of Air Transat, experienced a “significant” Omicron-variant-fuelled hit during its fiscal first quarter 2022, as passengers took a step back from planning air travel.
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AnalysisNew roles will propel C-27J Next Generation sales, Leonardo says
Leonardo is making good progress with the development of additional multi-mission capabilities for its C-27J Next Generation tactical transport, with maritime and firefighting offerings its newest focus areas.
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NewsAirbus and Leonardo eye collaboration on future military helicopter
European helicopter rivals Airbus and Leonardo continue to eye a future alliance similar to their NH Industries (NHI) venture to address proposed NATO requirements for a next-generation rotorcraft.
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NewsRussian draft transport legislation could complicate return of leased fleet
Russia’s transport ministry has drafted new legislation outlining conditions for returning leased aircraft to foreign lessors, including approval from a government committee. The proposed legislation also states that payments between lessors and lessees will be carried out in Russian currency – the rouble, which has sunk in value against the ...
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NewsMarenco’s Stucki sticks to task with new hybrid helicopter venture
Swiss entrepreneur and engineer Martin Stucki has made a surprise return to the helicopter industry five years after he was ousted from the business he started in order to develop what would eventually become the Kopter AW09 light-single.
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NewsDHL, SIA team up for new 777F operation
DHL Express and Singapore Airlines have entered an agreement for the operation of five Boeing 777Fs in the Asia-Pacific and to the Americas.
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NewsMalaysia Aviation Group targets capacity boost as borders reopen
Malaysia Aviation Group (MAG) aims to operate 70% of pre-pandemic capacity by the end of the year — a significant uptick from current levels — as the country reopens its border to all vaccinated travellers.
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NewsPhilippine air force takes delivery of first two T129 ATAKs
The Philippine air force has taken delivery of two Turkish Aerospace (TAI) T129 ATAK attack helicopters.
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NewsSingapore prioritises aviation recovery; mulls full border reopening
Singapore will make a “fundamental shift” to a full border reopening in due course, as the city-state stresses that recovery of its aviation sector remains its “immediate priority”.
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NewsBrazil’s Embraer full-year revenue rises 11% to $4.2bn in 2021
Brazilian airframer Embraer ended 2021 on a high note, posting total revenue of $4.2 billion, up from $3.8 billion in 2020.
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NewsUS rejects transfer of Polish fighter jets to Ukraine
The US Department of Defense has ruled out transferring 23 Polish MiG-29 fighter jets to Ukraine, calling the idea “high-risk” and fearing it could raise tensions in the region.
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NewsUS government explores logistics of Polish fighter jet transfer to Ukraine
The US government is speaking to its NATO allies about an offer by the government of Poland to transfer some of its fighter jets to Ukraine, as the back-and-forth on the transaction continues.
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NewsAvelo to expand from New Haven
US start-up discount carrier Avelo Airlines continues to expand out of New Haven in Connecticut, with plans to add routes from the city to three destinations.
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NewsSpirit picked for CityAirbus NextGen wing work
Airbus has selected Spirit AeroSystems to design and manufacture the wing for its CityAirbus NextGen urban air mobility vehicle.
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NewsLATAM on ‘improving trajectory’ as it works through reorganisation
LATAM Airlines Group posted a fourth-quarter loss but sees its business on “an improving trajectory” as it aims to exit bankruptcy protection process later this year.
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NewsSikorsky waits on demand return as it seeks new home for S-92
Sikorsky hopes to have found a new permanent home for the S-92 heavy-twin before demand from the offshore oil and gas market for new helicopters returns, a milestone the airframer anticipates in 2025.
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NewsLufthansa Technik on course for part-divestment in 2022 as it returns to profit
German MRO unit expects return to pre-pandemic levels for industry by 2023, but warns of impact of Russia’s Ukraine invasion
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NewsVietnam’s Sun Group to establish private air charter arm
Vietnamese leisure and infrastructure investment firm Sun Group is to establish a new luxury business aviation company, offering a range of aircraft types. The company will be known as Sun Air and will specialise in private jet charter and aircraft management. Sun Air will initially operate a pair of long-range ...
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NewsGlobal air cargo markets already disrupted by Ukraine conflict: IATA
Global air cargo markets are already feeling the effects of the Russia-Ukraine conflict, according to IATA, although it is too soon to assess the depth of the impact.
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NewsSmartLynx to take A330 converted freighters through ATSG agreement
Wet-lease specialist SmartLynx Airlines is to introduce converted Airbus A330-300 freighters, stepping up to the long-haul jets having already started bringing in A321 cargo aircraft. The company has agreed with Air Transport Services Group to acquire six modified A330s under a six-year lease. SmartLynx will take delivery of the first ...