All news – Page 649
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NewsEuropean Commission clears AerCap-GECAS merger
European regulators have cleared AerCap’s $30 billion acquisition of General Electric’s leasing division, GECAS, concluding that it raises no competition concerns.
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NewsJetBlue returns to profitability in Q2 with government aid
JetBlue Airways swung to a $64 million profit in the second-quarter of 2021, a result reflecting US government Covid-19-related aid and an improving air travel market. Excluding special items, which include government payroll-support grants, JetBlue would have lost $206 million in the second quarter.
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NewsGE earns $176m second-quarter profit as engine orders and deliveries tick higher
GE Aviation has continued its profit streak, earning $176 million in the second quarter of 2021 amid revenue gains and a significant bump in orders for new engines.
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NewsVolga-Dnepr expresses interest in freighter version of MC-21
Russian logistics specialist Volga-Dnepr Group has expressed interest in the potential for a freighter version of the Irkut MC-21. Representatives of the cargo firm toured the MC-21 during the MAKS 2021 Moscow air show. The MC-21 family is designed for passenger layouts of 150-211 seats. But Volga-Dnepr notes the “wide ...
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NewsMango suspends flights again over late payments
Cash-strapped South African low-cost carrier Mango Airlines has suspended flights until further notice owing to payments due to the country’s air navigation services provider ATNS.
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NewsCanadian investigators take over probe into Air Baltic A220 engine incident
Canadian investigators are to probe an engine-control incident involving an Air Baltic Airbus A220-300 during which both powerplants shut down after the aircraft touched down in Copenhagen. Danish authorities have delegated the investigation into the 11 July incident to the Transportation Safety Board of Canada. The board says the twinjet ...
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NewsSaab ships second T-7A aft fuselage section
Saab has delivered its second aft section for the test programme of the Boeing T-7A advanced jet trainer.
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NewsSingapore mulls border reopening from September
Singapore expects to slowly reopen its borders — and ease travel restrictions — in September, as a majority of the population are fully vaccinated.
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NewsCanberra redefines C-27J mission to focus on disaster relief
Canberra will redefine the mission of its Leonardo C-27J Spartan tactical transports to focus on the humanitarian and disaster relief mission.
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NewsCALC to ‘explore’ passenger-to-freighter conversions
China Aircraft Leasing has declared its ambition to expand into passenger-to-freighter conversions, after in June acquiring three Airbus A330-300s through leaseback transactions.
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NewsSriLankan reduced cash burn by 44%: chairman
SriLankan Airlines reduced its cash burn by approximately 44%, partly by renegotiating aircraft leases, according to chairman Ashok Pathirage.
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NewsChallenger 605 business jet crashes in northern California
A Bombardier Challenger 605 business jet has crashed on approach to Truckee-Tahoe airport in northern California.
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NewsLockheed Martin takes $225m loss on ‘significant’ classified aeronautics programme
Lockheed Martin took a $225 million loss on an unspecified classified programme within its aeronautics business segment during the second quarter of 2021.
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NewsIcon Aircraft nears type certificate for A5, eyeing more international sales
US aerospace company Icon Aircraft expects the Federal Aviation Administration will certificate its A5 amphibian as a “primary category” aircraft by late 2021 – a milestone the company says will expand the A5’s international appeal.
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NewsSouthwest Airlines joins Sabre booking network
Southwest Airlines has fully joined the Sabre global distribution system (GDS), allowing corporate accounts to more seamlessly access, book and modify travel on the low-cost carrier.
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NewsUnion threatens strike as De Havilland moves to relocate Dash 8 production
The union representing De Havilland Canada’s manufacturing workers has threatened to strike as early as 27 July over issues related to potential layoffs and De Havilland’s planned relocation of Dash 8 production.
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NewsUSA to maintain entry restrictions for non-citizens
The USA will maintain entry restrictions for foreign visitors as the coronavirus “Delta” variant continues spreading, thwarting airlines’ hopes of fully salvaging the summer travel season.
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NewsJet pack pioneer pitches Speeder at first responder market
Californian start-up completes initial flight trials of innovative platform.
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NewsBoeing video reviews fuselage ‘gap’ issue that prompted 787 delivery halt
Boeing has released a video about the fuselage-related quality issues that led the company to halt deliveries of 787s. The Chicago-based airframer released the video on 23 July alongside an email from Boeing Commercial Airplanes chief executive Stan Deal to all Boeing’s commercial aircraft employees.
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NewsAirline and airport bodies split on EU’s 50:50 slot threshold
Airports body ACI Europe has welcomed the European Commission’s decision to set a 50% slot usage threshold for the upcoming Winter 2021 season, in stark contrast to the condemnation of the move from airlines body IATA.