All news – Page 701
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NewsJAL plunges to $3.6bn operating loss in FY2020
Japan Airlines (JAL) swung to an operating loss of Y390 billion ($3.6 billion) in its 2020 financial year to 31 March.
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NewsIAG expresses confidence in liquidity position but caution on Q2 capacity
European airline group IAG expects to operate around 25% of pre-crisis capacity in the second quarter of this year amid the continued impact of Covid-19 travel restrictions. Reporting its first-quarter performance on 7 May, the British Airways and Iberia parent cites uncertainty regarding the future path of the pandemic, noting ...
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NewsQantas uses Alliance E190 options to beef up regional capacity
Qantas has called up five additional Alliance Aviation Embraer E190s under a wet lease agreement with the regional operator.
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NewsAustralian leaders sound cautious tone on international reopening
Australian cabinet ministers have suggested that international travel to the country might not open up until the second half of 2022.
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NewsCovid-19 crushes AirAsia Group Q1 traffic figures
AirAsia Group carriers reported a significant decline in passenger traffic for the first quarter of 2021, amid an uptick in coronavirus cases in key markets that threaten hopes of a recovery.
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NewsAir Tractor, L3Harris launch AT-802U Sky Warden light attack aircraft
Air Tractor has teamed with L3Harris Technologies to produce the AT-802U Sky Warden, a new variant of its light attack aircraft.
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NewsTaiwanese carriers in the red for first quarter
Taiwan’s two main carriers — China Airlines and EVA Air — were both loss-making in their first quarter earnings as revenue took a hit.
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NewsLeonardo nets ‘major export order’ for M-346 trainer
Leonardo appears to have secured a new order for its M-346 advanced jet trainer on top of a likely commitment from Elbit Systems for the type.
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NewsSkyborg autonomy ‘brain’ flies for first time aboard Kratos UTAP-22 UAV
The US Air Force’s (USAF’s) Skyborg autonomy core system flew for the first time aboard a Kratos UTAP-22 Mako tactical unmanned vehicle (UAV) at Tyndall AFB in Florida.
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NewsCopa posts first quarter loss, sees diverging trends in the Americas
Panama’s Copa Airlines is banking on its advantageous geographical position and extensive network to smaller cities across the Americas and the Caribbean to eventually pull itself out of the coronavirus-driven slump.
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NewsAzul posts quarterly loss, cargo revenue rises
Brazil’s Azul narrowed its loss in the first three months of the year compared to 2020, as a bump in cargo sales partly offset steep declines in passenger revenue.
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NewsLeonardo reports strong first quarter, despite aerostructures woes
Defence market pays off for Italian giant, as ATR and Boeing business continue to be affected by pandemic slump.
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NewsAvelo plans US East Coast expansion with New Haven base
Recently launched US start-up Avelo Airlines will expand to the US East Coast this year with flights from Tweed New Haven airport in Connecticut.
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NewsDomestic links feature as Ryanair to open Stockholm Arlanda base
Low-cost carrier Ryanair is to open a base at Stockholm Arlanda this winter, initially basing two aircraft at the Swedish airport.
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InterviewInternational C-130 support deals mean bright future, Marshall defence boss says
Having provided in-service support to the UK Royal Air Force’s (RAF’s) tactical airlifter fleet for a remarkable 55 years, Marshall Aerospace and Defence Group (MADG) knew that their relationship on the Lockheed Martin C-130 could not last forever.
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NewsDassault takes fight to ultra-long-range rivals with Falcon 10X launch
French airframer unveils 7,500nm-range aircraft – its largest every business jet – which will be powered by twin Rolls-Royce engines and feature host of flightdeck innovations alongside a class-leading cabin.
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NewsBombardier makes first-quarter loss but hopes worst of downturn ‘behind us’
Bombardier’s operating business lost $251 million in the first quarter of 2021, but the company’s chief executive insists the aerospace industry has turned a corner and that an upswing is under way.
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NewsSun Country earns $12.4m profit in first quarter
Sun Country Airlines’ diversified business model – which includes scheduled passenger services, charter flights and freight transport – helped propel the airline to a first-quarter profit.
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NewsSwiss downsizing for smaller market
Lufthansa Group carrier Swiss is to cut its fleet by 15% and its headcount by a fifth as it attempts to right-size itself to serve what it perceives will be a permanently smaller customer base.
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NewsFlyZero ramps up as project scouts for green aviation concepts
The UK’s FlyZero initiative has begun investigating different aircraft architectures and powertrains as the project begins to hit its stride.