All news – Page 609
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News
Embattled HNA Group gets funding boost; airline units mull merger
Chinese conglomerate HNA Group has revealed plans to inject fresh capital in its airline units — including flagship carrier Hainan Airlines — marking a significant step in the debt-laden group’s long-drawn business restructuring process.
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AirAsia X’s second-quarter loss balloons to MYR24.5 billion
AirAsia X Group has posted an operating loss of MYR24.5 billion ($5.85 billion) for the quarter ended 30 June, widening significantly from a loss of MYR323 million in the year-ago period. The group’s revenue fell 21% at MYR72.3 million, the group says in its unaudited financial results disclosed to Bursa ...
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Boeing delivers first Block III Super Hornet to US Navy
Boeing has delivered the first operational F/A-18 Super Hornet Block III to the US Navy, marking a significant upgrade to carrier-borne fighter.
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Asia-Pacific travel market ‘in stasis’ amid weak August traffic: AAPA
Asia-Pacific airlines in August carried just 4% of international passengers against pre-pandemic 2019, underscoring the “severe weakness” in the region’s travel market which remains “in stasis”.
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Rolls-Royce confirms ITP Aero sale for €1.7 billion to Bain-led consortium
Rolls-Royce has confirmed the sale of its ITP Aero unit for €1.7 billion ($2 billion) to a Spanish consortium led by Bain Capital.
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DARPA’s HAWC scramjet missile goes hypersonic in successful test
The free flight test of the missile is the first time the US government has successfully launched a scramjet hypersonic vehicle since 2013 when the Boeing X-51 flew 240s, the record for longest air-breathing hypersonic flight.
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Lockheed agrees to F-35 ‘production smoothing’ plan
Coming off 2020, when the coronavirus pandemic threw production of the F-35 further behind schedule, the F-35 Joint Program Office and Lockheed Martin have agreed to a plan to ramp up production of the stealth fighter.
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Embraer pitches turboprop concept to US regional airlines
Embraer pitched its next-generation turboprop concept to regional airline executives during a 27 September event, saying such an aircraft could replace the hundreds of old 50-seat jets still operating in US fleets.
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Qatar Airways takes hefty impairment charge on A380, A330 and 737 Max jets
Qatar Airways recorded a net loss of QR14.9 billion ($4.1 billion) during its most recent fiscal year, it said today, with more than half that figure attributed to impairment charges involving Airbus widebodies and Boeing 737 Max jets.
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Emirates plans to have ‘more than 50’ A380s in service by year-end
Emirates Airline is aiming to have more than 50 of its Airbus A380s in service by the end of the year, under plans to restore 70% of its overall pre-crisis capacity.
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Qatar defence fund behind Aeralis investment
An investment fund with links to the Qatari ministry of defence has been revealed as the mystery backer that recently injected £10.5 million ($14.5 million) into UK start-up Aeralis.
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Airbus Helicopters tests battery power for emergency landings
Airbus Helicopters has begun flight tests of a battery-based electric back-up system (EBS), which will boost safety in light-single helicopters by providing up to 30s of power in the event of an engine failure.
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Bristow signs tentative eVTOL orders with Eve and Vertical Aerospace
Bristow Group, one of the world’s largest helicopter operators, has signalled its intention to move into a new market, signing tentative orders with a pair of developers for up to 150 electric vertical take-off and landing (eVTOL) aircraft.
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Taliban urges airlines to restore flights to ‘fully operational’ Kabul airport
Afghanistan’s Taliban-run government is urging airlines to restore services to the Central Asian state, insisting that the main international airport at Kabul is open. Foreign ministry spokesman Abdul Qahar Balkhi, through his official social media feed, states that the airport is “fully operational for domestic and international flights”, and problems ...
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Dante Aeronautical reveals roadmap for electric Cessna alongside Air Nostrum and Volotea
Spanish electric aircraft developer Dante Aeronautical intends to fly its first prototype within three years – a Cessna Grand Caravan converted to use both hydrogen fuel cells and battery power – in a project also involving regional carriers Air Nostrum and Volotea. Under its plans, the aircraft will use the ...
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Knafaim charts course for Cyprus’s Tus after investment agreement
Israeli investor Knafaim Holdings is expecting to concentrate initially on services to Mediterranean destinations from Israel and Cyprus, after completing its acquisition of a 49.9% shareholding in Tus Airways. Its Global Knafaim Leasing arm is looking at the possibility of leasing “one or two” Airbus A330s to the carrier following ...
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C919 reportedly faces delays over tightened US export rules
The Comac C919 narrowbody programme appears to have hit a roadblock, months before its targeted service entry.
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Sustainable fuel compatibility among aims of Safran-TotalEnergies tie-up
French aeronautics firm Safran is aiming to ensure current powerplants are capable of operating wholly on sustainable aviation fuel, through a strategic partnership with fuel supplier TotalEnergies. The two sides are to establish the partnership to decarbonise the aviation industry through joint development of technical and commercial initiatives. Sustainable aviation ...
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Air New Zealand explores commercial SAF production
The New Zealand government and Air New Zealand have signed a memorandum of understanding to explore the feasibility of sustainable aviation fuel (SAF) production.
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HAL’s civil Do-228 wins Alliance Air lease deal
Hindustan Aeronautics (HAL) has entered the commercial air traffic with a deal that will see Alliance Air lease a pair of Do-228s for use on regional routes.