All news – Page 747
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NewsTexan aviation investment group MDI acquires three Austrian 767s
Lufthansa Group carrier Austrian Airlines has agreed to sell three of its Boeing 767-300ERs to a US company, Texas-based MonoCoque Diversified Interests. Austrian says the first of the 767s will be transferred at the beginning of March with a second to be handed over in May. The carrier had disclosed ...
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NewsNorwegian posts $2.7bn annual loss
Norwegian made a net loss of NKr23 billion ($2.7 billion) in 2020, dramatically deepening one of NKr1.61 billion in 2019, as its long-haul low-cost business model was devastated by the Covid-19 pandemic.
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NewsItalian ministers to discuss Alitalia successor with EU
Italian government ministers are set to meet with European Commission representatives to discuss plans to establish a new national carrier. The airline, which has initially been branded ITA, is emerging from the restructuring of troubled flag-carrier Alitalia. “We evaluated the possibility of continuing the ITA project and expressed the desire ...
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NewsPrior United 777 blade-out might give clues to UA328 engine structure loss
While US investigators disagree with the immediate impression that the recent United Airlines Boeing 777-200 engine incident was one of uncontained failure, the extent of the damage to the powerplant was nonetheless catastrophic. Uncontained failure is defined as the inability of the engine casing to prevent high-energy rotating parts, such ...
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NewsGallego sees Air Europa deal more likely to close in late 2021
IAG chief executive Luis Gallego expects completion of the group’s planned acquisition of Spanish carrier Air Europe to be nearer to year-end, having set a second-half target to close the delayed deal.
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NewsSafran advances hydrogen studies as part of future-fuel evaluation
Safran has launched a study alongside Ariane Group and Airbus examining the potential for hydrogen as a future fuel source for aviation.
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NewsIAG to operate 20% of capacity in first quarter after tumbling to €7.4bn loss
British Airways and Iberia parent IAG expects to operate just a fifth of its 2019 capacity in the first quarter after disclosing it swung to a €7.43 billion ($9.1 billion) operating loss last year. IAG posted a €1.47 billion loss for the fourth quarter, a period in which it operated ...
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NewsBangkok Airways posts 69% decline in full-year operating revenue
Bangkok Airways’ losses widened in 2020, as it reports a 69% decline in operating revenue to Bt7.95 billion ($262 million) for the year. Revenue from its airline business, which accounted for 55% of the company’s total revenue in 2020 versus 67% in 2019, was down 70% year-on-year to Bt5.64 billion ...
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NewsKelley Aerospace unveils supersonic combat drone concept
Singapore-based aerospace company Kelley Aerospace has officially launched its supersonic unmanned combat air vehicle (UCAV) concept, and has reportedly secured over 100 orders from undisclosed customers.
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NewsAustralian competition watchdog re-authorises American, Qantas joint venture
The Australian Competition & Consumer Commission (ACCC) will re-authorise the joint venture between Qantas Airways and American Airlines across the Pacific.
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NewsAustralia first in Asia-Pacific to lift 737 Max grounding
Australia has become the first country in the Asia-Pacific to lift a ban on Boeing 737 Max flights to and from the country.
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NewsColombian civil aviation chief to head ICAO
Colombia’s Juan Carlos Salazar has been named as the new Secretary General of the International Civil Aviation Organization (ICAO).
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NewsFAA fines Boeing $6.6 million to settle three cases involving ODA failures
The Federal Aviation Administration has fined Boeing $6.6 million in penalties to settle three enforcement cases, including those related to its Organisation Designation Authorization (ODA) programme.
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NewsThai Airways to sell 10 747-400s as part of rehabilitation plan
Thai Airways International intends to put 10 Boeing 747-400s up for sale as part of its rehabilitation plan and has issued a request for proposals (RFP) to assess interest from buyers.
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NewsHK businessman becomes substantial shareholder of AirAsia Group
AirAsia Group has disclosed that existing shareholder Stanley Choi Chiu Fai is now a substantial shareholder, having acquired a chunk of new shares offered in the first tranche of the company’s private placement.
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NewsUSAF ponders Boeing E-3 Sentry replacement, some ask for Boeing E-7 Wedgetail
The US Air Force (USAF) is pondering replacing its Boeing E-3 Sentry airborne early warning and control aircraft and the commander of the Pacific Air Forces wants the Boeing E-7 Wedgetail.
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NewsDHL to source A321 freighter capacity through SmartLynx
Logistics specialist DHL Express is to introduce a pair of Airbus A321 freighters, to be operated by wet-lease capacity provider SmartLynx Malta. SmartLynx Malta had emerged last year as a customer for A321 freighters from Vallair as it sought to enter the cargo aircraft market. The company has reached a ...
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NewsUSAF to flight test Skyborg autonomous system at Orange Flag this summer
The US Air Force Research Laboratory (AFRL) plans to flight test its Skyborg autonomous aircraft technology during Orange Flag exercises this summer for the first time.
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NewsIsrael picks CH-53K as next heavy-lift helicopter
Israel has become the first export customer for the Sikorsky CH-53K, having selected the heavy-lift helicopter as a replacement for its fleet of elderly CH-53D ‘Yasur’ rotorcraft which have been in service since the 1960s.
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NewsAirlines warned slow action on CO2 means people will soon fly less
Europe’s airline industry has been warned that in the absence of concrete and speedy technological progress towards a reduction in CO2 emissions, people might choose to fly less as the impacts of climate change become more apparent.