All news – Page 520
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NewsSouth Korea competition watchdog conditionally approves Korean Air-Asiana merger
South Korea’s competition regulators have conditionally approved Korean Air’s plans to acquire compatriot Asiana Airlines, though it will impose several measures to ensure the merger does not reduce competition.
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NewsHawk sees off rivals to remain RAAF lead-In trainer
The Royal Australian Air Force (RAAF) will upgrade its fleet of BAE Systems Hawk 127s with updated engines as well as other improvements.
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NewsAirAsia X to have 15 A330s in service by end-2022
Malaysia long-haul, low-cost carrier AirAsia X is reactivating its fleet as borders start to reopen in the Asia-Pacific.
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NewsSIA Engineering posts quarterly loss as costs outpace revenue recovery
SIA Engineering sank back to the red in its third-quarter earnings, as a rise in costs — caused by a drop in government wage support — outpaced revenue recovery.
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NewsGreater Bay Airlines cleared for launch after gaining operating licence
Hong Kong has granted Greater Bay Airlines an operating licence, a move that effectively means the start-up carrier can begin scheduled flights immediately.
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NewsP&W to develop novel hydrogen engine in US government-backed project
Pratt & Whitney is to develop a novel hydrogen-burning engine that will cut carbon dioxide emissions to zero, slash nitrous oxide emissions by 80% and reduce fuel consumption for next-generation single-aisles by 35%.
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NewsVistaJet grows with Air Hamburg takeover
VistaJet parent Vista Global Holding has struck an agreement to acquire German charter firm Air Hamburg for an undisclosed fee.
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NewsGovernments should have let airlines fail during pandemic: UK IEA study
Analysts from the UK’s Institute of Economic Affairs think-tank have argued that governments could have helped contain the pandemic by allowing a “natural collapse” of the airline industry, rather than permitting huge bail-outs. The institute has published a study – entitled The Future of Transport After Covid-19 – which looks ...
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NewsGround-handler Menzies prepared to accept improved Kuwaiti takeover bid
Ground-handler Menzies has indicated willingness to recommend a takeover offer from Kuwaiti firm National Aviation Services, after the prospective buyer substantially increased its bid. UK-based Menzies specialises in ground-handling, fuelling and air cargo and operates at over 200 airports. NAS is proposing a cash offer of £6.08 per share which, ...
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NewsKAI’s Light Armed Helicopter in cold weather tests
The Korea Aerospace Industries (KAI) Light Armed Helicopter (LAH) has completed a series of low-temperature tests in Northern Canada.
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NewsSmartavia receives first newly-built A320neo
Russian operator Smartavia has taken delivery of its first brand-new Airbus A320neo, in co-operation with lessor CDB Aviation. The airline says the aircraft – powered by CFM International Leap-1A engines – is one of seven to be acquired under the agreement. Smartavia has configured the A320neo (VP-BQA) with a single-class, ...
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NewsMC-21 test aircraft returns after month of cold-weather trials in Siberia
One of the Irkut MC-21-300 test aircraft has returned to Moscow Zhukovsky from Yakutsk, following completion of extreme cold-weather testing in the east of Russia. Irkut has secured initial type certification for the -300 from the Russian civil aviation authorities and the testing is intended to extend this certificate. The ...
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NewsSpiceJet swings to Q3 profit on revenue uptick following Max settlement
India’s SpiceJet returned to profitability in its third-quarter earnings on the back of “significant improvement” in domestic travel demand.
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NewsChina’s J-10C secures Pakistan as its first export market
Pakistan appears to have become the first export customer for the Chengdu J-10 fighter, with images of J-10Cs in Pakistan air force markings appearing on Chinese social media.
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NewsChina’s ‘Big Three’ paint mixed picture of January domestic traffic
China’s three largest carriers reported mixed domestic traffic results in January, as the Omicron variant of the coronavirus damps air travel demand.
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NewsPel-Air wins Victoria air ambulance tender
Regional Express (Rex) unit Pel-Air has won a 12-year tender to provide air ambulance services in Australia’s Victoria state.
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NewsUS Navy CMV-22B secures initial operational capability
The US Navy has awarded the Bell Boeing CMV-22B Osprey tiltrotor with its initial operational capability (IOC).
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NewsQantas picks Airbus for A321P2F systems upgrade
Qantas has signed an agreement with Airbus for a series of modifications and upgrades to its Airbus A321 passenger-to-freighter aircraft.
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NewsAsiana returns to profitability in 2021, as cargo lifts revenue
Asiana Airlines’ cargo business provided a significant boost to the carrier’s earnings, helping the carrier eke out a modest profit after a loss-making 2020.
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NewsAirAsia X sees MYR11.4 million operating loss in Q2
Malaysian long-haul, low-cost carrier AirAsia X posted an operating loss of MYR11.4 million for its second quarter ended 31 December 2021.