All news – Page 644
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News
South Korea tweaks pilot training amid weak hiring demand
South Korea has tweaked its pilot training programme, in response to the prolonged coronavirus pandemic, which has dampened hiring prospects.
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KAI wins Thai deal for two T-50THs; teams with Boeing on E-737 work
Korea Aerospace Industries (KAI) has sold two additional T-50TH advanced jet trainers to Thailand, and entered a deal with Boeing for upgrades to Seoul’s four E-737 airborne early warning & control (AEW&C) aircraft.
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Qantas furloughs staff, warns of ‘extended period of reduced flying’
Qantas and its low-cost Jetstar unit will furlough 2,500 employees for two months, owing to a capacity collapse stemming from domestic travel restrictions.
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VietJet increases net profit in first half of 2021
VietJet Aviation increased its net profit for the January-June half-year period, despite a spike in Covid-19 infections in Vietnam that began at the end of April and caused Q2 profit to plummet compared with the first three months of the year.
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Bell unveils three ‘High-Speed Vertical Take-Off and Landing’ design concepts
The company claims its High-Speed Vertical Take-Off and Landing aircraft could blend “the hover capability of a helicopter with the speed, range and survivability features of a fighter aircraft”. Such as system would be capable of “low-downwash hover” and “jet-like cruise speeds over 400kt [740km/h]”, the manufacturer says.
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US Navy looks to add JPALS to CMV-22B Osprey
The US Navy is working toward adding Raytheon’s Joint Precision Approach and Landing System (JPALS) to its Bell Boeing CMV-22B Osprey.
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US export bank backs Turkish Airlines’ $833m purchase of Boeing jets
The USA’s export-credit agency has agreed to guarantee $833 million in financing for the acquisition by Turkish Airlines of an undisclosed number of Boeing 737 Max and 787s.
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Spirit delays or cancels almost 1,000 flights
In the latest disruption to passenger air travel across the USA, Spirit Airlines has been forced to cancel more than one-third of its flights in the past two days.
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US Navy test launches AARGM-ER from F/A-18, missile production poised for summer start
The US Navy (USN) test launched for the first time an AGM-88G Advanced Anti-Radiation Guided Missile Extended Range (AARGM-ER) on 19 July, deploying the weapon from a Boeing F/A-18 Super Hornet.
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Brazil’s Azul inks $1b deal with Lilium
Brazil’s Azul has signed a commercial deal with German electric aviation startup Lilium worth up to $1 billion.
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Parker Hannifin to acquire Meggitt as aerospace merger activity resumes
Aerospace mergers are back, with US manufacturer Parker Hannifin revealing plans to nearly double the size of its aerospace systems business by acquiring UK-based aerospace company Meggitt for £6.3 billion ($8.8 billion) in cash.
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RwandAir and Qatar Airways deepen partnership with interline agreement
Deal will give travellers access to more than “160 destinations in the combined networks” from the carriers’ respective Kigali and Doha hubs.
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Air Europa names new director general amid leadership tensions
Richard Clark has been appointed as director general of Air Europa amid what local media have characterised as “great turbulence” around leadership of the Spanish carrier.
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El Al in talks with ministry to push back share issue
Israeli flag-carrier El Al is seeing to defer plans to raise additional capital through a share issue. The airline has been preparing to issue new shares or options to generate $105 million as part of a support scheme El Al’s share scheme was one of the conditions attached to a ...
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Flight numbers in Europe exceeded best-case scenario in July: Eurocontrol
Air traffic in European airspace exceeded Eurocontrol’s “optimistic” scenario in July, with flight numbers at 65% of 2019 levels.
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In depth
New Chinese carrier promises blue-water airpower
Work on Beijing’s new Type 003 aircraft carrier is proceeding apace, but the composition of its air wing remains a source of considerable speculation.
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Australia extends financial relief for airlines
The Australian government has extended financial assistance measures yet again for domestic carriers, amid a coronavirus resurgence that has sent several states into prolonged lockdowns.
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Long-haul start-up Norse Atlantic signs for more 787s
Scandinavian start-up Norse Atlantic is to lease six more Boeing 787-9s from the end of this year, which will take its fleet of 787s to 15. The aircraft will be introduced from December under a lease agreement with BOC Aviation. Norse Atlantic says the leases on the twinjets, around 16 ...
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Garuda swings to first-quarter loss as revenue halves
Garuda Indonesia was in the red for the first quarter of the year, as declining revenue outpaced a reduction in costs amid less flying during the pandemic.
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Colombia’s Salazar steps into ICAO leadership role
Colombia’s Juan Carlos Salazar has commenced his mandate as the secretary-general of ICAO.