All news – Page 526
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NewsVolocopter eyes 2024 Singapore launch and promises S$4.2 billion in economic benefits
Urban air mobility developer Volocopter is targeting commercial launch in Singapore around 2024 — once it clinches type certification — with intra-city tourist flights the first in its plans.
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NewsAvionics can play role in recovery, sustainability, says Thales
Despite slower recovery in the Asia-Pacific region from the coronavirus crisis, Thales remains confident of opportunities in the region.
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NewsEmbraer spins up turboprop ambitions
Embraer continues to explore the development of a turboprop airliner, with an announcement possible later this year.
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NewsAirbus Helicopters targets Asia-Pacific replacement demand
Airbus Helicopters anticipates strong replacement demand both for military and civilian rotorcraft in the Asia-Pacific region. Speaking at a Singapore air show media briefing, the company said it has a 22% share of the overall market in the region, and it claims leadership of the civil and parapublic segments. ...
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NewsRaytheon shuffles executives; Calio to take over COO post
Raytheon Technologies has appointed Christopher Calio as its new chief operating officer, and Shane Eddy to replace Calio as president of Pratt & Whitney.
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NewsST Engineering expands component support deals with Asian carriers
ST Engineering has signed a number of long-term component maintenance contracts with Asian carriers covering their fleet of narrowbody aircraft.
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NewsJoby and ANA team up to bring aerial ridesharing to Japan
US electric air taxi developer Joby Aviation is teaming up with ANA Holdings, the parent of Japan’s All Nippon Airways, and Toyota Motor Corporation to create an aerial ridesharing service in Japan.
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NewsFAA proposal targets manufacturing defects in Leap-1B components
The Federal Aviation Administration intends to require airlines to modify maintenance procedures to address potential manufacturing defects in CFM International Leap-1B turbofans.
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NewsEviation’s former CEO Bar-Yohay calls departure planned but still ‘surprise’
Eviation co-founder Omer Bar-Yohay confirms he has been let go as the company’s chief executive, saying the move had long been planned but that the timing caught him off guard.
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NewsLockheed scraps $4.4bn acquisition of Aerojet Rocketdyne
Lockheed Martin has called off its $4.4 billion acquisition of Aerojet Rocketdyne, after the US Federal Trade Commission (FTC) last month said it would fight the transaction.
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NewsUkraine International rejigs fleet in response to insurance hurdles
Ukraine International Airlines is transferring five Boeing 737-800s to Spain, as part of its response to withdrawal of insurance for Ukrainian carriers. The airline is also taking the opportunity to send two aircraft to Belgrade for engine maintenance. UIA states that the 737s are being moved to Spain at the ...
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NewsFormer Turkish Airlines chairman to head revamped Air India
Air India’s new owners Tata Sons has appointed former Turkish Airlines chairman Ilker Ayci as the carrier’s new chief executive and managing director.
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NewsAirbus ‘still hopeful’ of Chinese market despite tapering backlog
Airbus remains confident of its prospects in China, despite the fact that its order backlog for Chinese operators is dwindling with no major deals clinched in the last few years.
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NewsUkraine’s government establishes fund to cover airline insurance gap
Ukraine’s government has opted to allocate Hr16.6 billion ($590 million) in funds to cover insurance for aircraft operating within the country. The measure is intended to protect the country’s airlines after carriers informed that they were set to lose insurance coverage over the risk of armed conflict. Under the plan, ...
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NewsKC-46 the right aircraft for KC-Y: Boeing’s Caret
Boeing stands ready to pitch the KC-46 should the US government hold a competition for a possible acquisition of up to 160 new tankers under its nascent KC-Y requirement.
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NewsAviation Capital and Jazeera firm Airbus narrowbody orders
Aircraft lessor Aviation Capital Group has firmed its tenative commitment for 20 Airbus A220s, while Kuwaiti low-cost carrier Jazeera Airways has finalised its order for 28 A320neo family aircraft.
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NewsSIA’s selection of A350F is ‘huge endorsement’ for programme, says Airbus sales chief
Airbus sales chief Christian Scherer believes Singapore Airlines’ endorsement of the A350 Freighter will help the airframer capture additional sales for the new cargo variant of its widebody twin. Speaking on the eve of the Singapore air show, Scherer said it was extremely “satisfying” that SIA had tentatively selected ...
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NewsRevamped AirAsia X takes further step in boosting cargo revenues
Malaysian long-haul, low-cost operator AirAsia X has further bolstered efforts to build its cargo revenues under its restructured business model with a belly-space utilisation deal covering a third of its Airbus A330-300 fleet with the logistics venture of Capital A, formerly AirAsia Group.
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NewsBoeing’s China 737 Max completions centre ready for delivery restart
Boeing’s 737 Max completion and delivery centre in Zhoushan, China is ready to support deliveries of the narrowbody when they resume to the Mainland.
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NewsJazeera Airways confident as quarterly profit run continues
Kuwaiti budget carrier Jazeera Airways is optimistic over recovery prospects after turning in a full-year net profit of KD7.1 million ($23.4 million). The airline transported 1 million passengers last year, contributing to revenues of KD80.4 million, and average load factor reached nearly 69%. “We are confident that restrictions on the ...