All news – Page 536
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NewsAlaska turns small Q4 profit despite Omicron disruption
“Disciplined” cost management and a “measured approach to bringing back capacity” helped Alaska Air Group grow revenue and turn a small profit during the fourth quarter of 2021, even while contending with a new coronavirus variant, the company reports.
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NewsSouthwest reports first quarterly profit since 2019
Southwest Airlines has earned its first quarterly profit since 2019, as demand for low-cost fares climbed in the last three months of 2021.
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AnalysisQuestions, uncertainty abound as Boeing works for 2022 recovery
Boeing executives are framing 2022 as the year the company will fix the 787’s troubles, hike 737 Max delivery rates and begin mending its financial position.
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NewsJetBlue cuts Q4 loss, calls Omicron ‘temporary setback’
JetBlue Airways more than halved its loss in the fourth quarter of 2021 as leisure passengers returned in greater numbers.
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NewsNorwegian to operate 54 routes out of reopened Stockholm base this summer
Restructured low-cost carrier Norwegian is to set to operate 54 routes from Stockholm Arlanda after it reopens it base at the Swedish airport this summer for the first time since the pandemic.
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NewsUnited Engine tests domestically-built control system for SSJ-New’s PD-8
Russia’s United Engine has developed an automatic control system for the Aviadvigatel PD-8 powerplant which will be installed on the Sukhoi SSJ-New aircraft. The SSJ-New is a version of the Superjet 100 that includes a greater proportion of domestically-built components. PD-8 engines will serve as an alternative to the PowerJet ...
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NewsCovid impact on F-35 production costs Northrop Grumman $93 million
Northrop Grumman incurred charges totalling $93 million against the Lockheed Martin F-35 programme last year, due to reduced sales and pandemic-related business effects.
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InterviewHow Parent nurtured CAE to become services powerhouse
Chief executive’s record in transforming the Canadian training company with a succession of acquisitions over 13 years is reflected in leadership award.
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NewsTata formally takes the reins of Air India
Indian conglomerate Tata Group has formally completed its acquistion of Air India.
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NewsEight BA and Virgin jets at Heathrow suffered insect blockages in six weeks
Insect nesting activity affected the pitot-static systems of eight different aircraft in the space of six weeks at London Heathrow last year, and UK investigators believe the behaviour could have been influenced by changes in air quality and lower noise at the airport during the pandemic. Two of the incidents ...
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NewsVertical Aerospace taps Avolon boss Slattery for chairman role
Electric air taxi developer Vertical Aerospace has appointed Avolon chief executive Domhnal Slattery as non-executive chairman.
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NewsOffshore market weighs on H175 but Airbus Helicopters confident on long-term prospects
Airbus Helicopters is confident that its H175 will bounce back from two consecutive years of low sales amid a continued demand slump for offshore-roled rotorcraft.
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NewsAirbus C295 demonstrator takes flight with semi-morphing wing
Airbus has performed the first flight of a modified C295 military transport in support of the EU’s Clean Sky 2 initiative to lessen the environmental impact of aviation.
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NewsEasyJet load factors clipped by Omicron but still positive on summer bounce
UK low-cost carrier EasyJet is still expecting a return to pre-crisis capacity levels during the peak summer season this year after Omicron clipped its recovering load factor in December.
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NewsCargo lifts Korean to record operating profits in 2021
Korean Air saw its 2021 operating profit jump six-fold year on year to W1.5 trillion ($1.2 billion) on the back of its strong cargo business.
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NewsChina Airlines orders four more 777Fs amid record cargo performance
China Airlines has placed an order for four additional Boeing 777 freighters, with deliveries slated to begin from 2023.
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NewsTravel restrictions push Asia-Pacific airlines to dismal 2021: AAPA
Government-imposed travel restrictions pushed Asia-Pacific airlines to another dismal year in 2021, but cargo carriage proved to be a silver lining.
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NewsAsian aerospace panel optimistic as Singapore Airshow approaches
An industry roundtable convened ahead of the Singapore Airshow expressed optimism that the Asia-Pacific aviation market will eventually return to strong growth.
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NewsBoeing eyes Q1 resumption of 737 Max deliveries to China
Boeing expects to resume 737 Max deliveries to China from the first quarter of the year, as the airframer reiterates its confidence in the market despite looming geopolitical tensions and a weak travel recovery.
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NewsJAL partners GE for CF34 engine foam wash
Japan Airlines has become the first regional aircraft operator to use GE Aviation’s 360 Foam Wash to clean the CF34 engines that power its Embraer E170s.