All news – Page 583
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Analysis
How a diversified portfolio and deep pockets helped DAE survive the pandemic
The Dubai-based aircraft lessor and MRO says it went into the downturn in good shape and is well placed for the recovery
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Analysis
Sanad looks to bundle MRO and leasing in new group approach
The Abu Dhabi-based services company is bringing the two parts of its business together this year
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Analysis
UAE aiming to establish an EDGE in defence exports
Two years ago, the nation consolidated its industry into one grouping with the intention of achieving self-reliance in military industrial capabilities. Progress has been impressive
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News
No indications of big aircraft orders at Dubai air show: IATA chief
IATA director general Willie Walsh says the “cautious” approach being taken by airlines reduces the chance of any major aircraft orders being announced at the upcoming Dubai air show, despite carriers needing to rebuild their fleets post-Covid.
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News
Lufthansa chief Spohr sees no let-up in strong cargo demand
While many of the fundamentals underpinning the strong financial performance of air freight have been driven directly or indirectly by the pandemic, Lufthansa Group chief executive Carsten Spohr still sees demand remaining strong even as passenger activities recover.
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News
Emirates opens Israeli links with 777-300ER service to Tel Aviv
Middle Eastern carrier Emirates is to join the market for Israeli flights, with daily services to Tel Aviv starting in the first week of December. Emirates says it will open the link following the diplomatic normalisation between Israel and the United Arab Emirates agreed last year. Ties between the two ...
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News
Aggressive Wizz lays ground to capitalise on summer 2022
Central European budget carrier Wizz Air has turned in a second-quarter operating profit of €57 million ($66 million), but is expecting an operating loss of €200 million in the third as the company enters the winter season. Chief executive Joszef Varadi says the quarter showed the airline’s “return towards” pre-crisis ...
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News
RAF’s Shadow surveillance fleet to grow by two aircraft, get new defences
The UK Royal Air Force has ordered two additional Raytheon Shadow R1 reconnaissance aircraft to grow its fleet to eight examples.
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News
Lockheed, Rafael partner to sell SPICE 250 glide bomb kit to USA and Poland
Lockheed Martin and Rafael Advanced Defense Systems of Israel signed an agreement to jointly develop, manufacture, support and market the Smart, Precise Impact and Cost-Effective (SPICE) 250 guidance kit to the USA and Poland.
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News
Belarusian authority suspends An-12 services after fatal Irkutsk crash
Belarusian authorities have suspended commercial operations with Antonov An-12s as a precaution following the accident involving an Aircompany Grodno aircraft at Irkutsk. The Belarusian transport ministry says the aviation division’s suspension has been put in place pending the findings of the inquiry. Seven personnel were on board, according to the ...
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News
FAA pushing global effort to improve pilots’ flying skills
The Federal Aviation Administration is leading what its chief regulator calls a global effort to ensure the world’s airline pilots have adequate manual flying skills and sufficient training in “flight path management”.
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Analysis
Aerospace industry’s rebound may be hindered by state of suppliers
Although the big players in aerospace are looking to increase production rates and bounce back from 2020’s horrific downturn, global shortages of labour and materials have the potential to throw that recovery off course.
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News
Lufthansa still pondering MRO unit options as strengthening efforts continue
Lufthansa Group is still evaluating whether to carry out a partial divestment of its MRO business despite progress on improving its balance sheet.
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Atlas Air tops $1b in quarterly revenues for first time
Atlas Air Worldwide Holdings reported strong third-quarter results as the demand for air freight transportation continues to outstrip supply, and problems with ground-based shipping networks are slowing down the global supply chain.
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News
Belarusian An-12 crashes during approach to Irkutsk
Russian investigators have opened a probe into an accident which destroyed a Belarusian-registered Antonov An-12BK in the vicinity of Irkutsk. The aircraft was operated by the carrier Aircompany Grodno – located in the city of Grodno, in western Belarus – and was conducting a freight service from Keperveyem to Yakutsk ...
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News
FAA has given China and Russia ‘all’ technical data for 737 Max certification
The Federal Aviation Administration has shared with China and Russia all technical data relevant to the 737 Max’s re-certification, though when those countries will clear the jet to fly remains unclear. “We are meeting with the Chinese and Russian civil aviation authorities on a regular basis and have provided them ...
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Bahrain’s MENA launches cargo airline
Operation launches with 737-300 P2F, but with ambition for fleet of 15 to 20 aircraft as it pushes to exploit under-served market for e-commerce air freight in Middle East and Africa
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Air cargo demand still high but ‘tangled’ global trade a concern: IATA
Airlines are continuing to benefit from high demand for air cargo, according to industry association IATA, but rising consumer and producer prices could eventually weigh on growth.
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News
Lufthansa capacity to top 70% of pre-crisis levels in 2022 as US demand booms
Lufthansa Group expects its capacity to increase to more than 70% of pre-crisis levels next year as it flags strong demand in the key transatlantic market, particularly in premium cabins.
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News
Prospective investors emerge for troubled Frankfurt Hahn airport
Potential investors have started emerging following the appointment of a provisional administrator for Germany’s Frankfurt Hahn airport. The airport’s operator filed for insolvency in mid-October but administrator Jan Markus Plathner says Hahn is able to function for winter flights. “It has been possible to create the conditions for winter flight ...