All news – Page 749
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NewsAlaska burned $137 million in January amid steady recovery
Alaska Air Group forecasts that revenue for the first quarter will be slightly better than expected yet will still be down 55-60% year on year compared with the first quarter of 2020 before the coronavirus pandemic began.
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NewsAir New Zealand mulls ‘opportunities to adjust’ widebody fleet amid half-year loss
Air New Zealand will take no new aircraft before June as it eyes “opportunities to adjust” its future widebody fleet, including reducing the number of Boeing 777-300ERs and delaying 787 deliveries.
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NewsSAS poised to re-open European summer routes if restrictions ease
Scandinavian operator SAS is preparing to re-open 180 routes for the summer within the Nordic region and Europe, believing that vaccination programmes are set to ease travel restrictions. The airline is continuing to suffer heavily from the air transport crisis, turning in a pre-tax loss of SKr1.94 billion ($234 million) ...
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NewsLeap engine delivery slump drives Safran revenue and profit sharply down
French aerospace group Safran saw revenue and profit pummelled in 2020 amid the aerospace industry’s “greatest crisis in its history” as the Covid-19 pandemic drove down activity across all three of its divisions.
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NewsBoeing bullish on growth in Southeast Asia, including 737 Max prospects
While Boeing will “continue to defer” to civil aviation regulators in Southeast Asia for the recertification and return to service of the 737 Max, it remains optimistic about the narrowbody’s long-term demand.
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NewsAirAsia Japan closure has cost group $80 million so far
AirAsia Japan’s closure has cost the Malaysia-based AirAsia Group nearly $80 million over three quarters.
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NewsDOT raises concern about FAA’s self-certification oversight
The US Department of Transportation’s top inspector has doubts that the Federal Aviation Administration, as currently structured, can identify risks within its Organisation Designation Authorization (ODA) programme.
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NewsQantas delays international network restart to end-October
Qantas expects to gradually resume regular international passenger flights by the end of October — about four months later than it had previously projected.
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NewsQantas swings to massive interim loss amid Covid-19 crisis
Qantas swung to an underlying loss before tax of A$1.03 billion for the six months ended 31 December 2020, as the carrier continued to suffer from the collapse in air traffic amid the coronavirus pandemic.
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NewsErickson pitches US Army on autonomous S-64F+ Air Crane
The company believes the S-64F+ could compliment the US military services’ fleet of Boeing CH-47 and Sikorsky CH-53 heavy lift helicopters by supporting training and logistics operations.
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NewsP&W to perform 777 PW4000 fan blade checks required by FAA
Pratt & Whitney will perform the PW4000 thermal acoustic imaging (TAI) inspections required under the Federal Aviation Administration’s recent emergency airworthiness directive (AD).
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NewsBusiness jet deliveries sink 20% in 2020
The Covid-19 pandemic definitely hit commercial aerospace harder than other aviation segments, though the fallout on private and business aviation was not insignificant.
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NewsJoby Aviation reveals plan to go public, showcases eVTOL in flight
Joby Aviation, a Silicon Valley-headquartered air taxi company, will merge with Reinvent Technology Partners with the eventual goal of taking the startup public as it shows off its five-seat aircraft in flight and introduces a new chief financial officer.
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NewsPakistan still interested in T129 acquisition
Pakistan’s long-running attempt to acquire Turkish Aerospace T129 attack helicopters may finally be nearing a conclusion. Speaking at Defence IQ’s virtual International Military Helicopter 2021 conference on 24 February, an unnamed Pakistani army official said that the Turkish-built type was “still very much under consideration”. Source: Turkish Aerospace ...
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NewsSpirit AeroSystems expects to lose money on A220 work for up to five years
Spirit AeroSystems expects to lose money on its Airbus A220 work for three to five years, until Airbus ramps the twin-jet’s production to at least 100 aircraft annually.
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NewsNorwegian gives update on progress in settling with lessors
Norwegian continues to make progress in settling leases and other contracts with creditors under its Irish restructuring process, but faces opposition from some parties.
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NewsAirline industry might burn through $95bn in cash this year: IATA
The global airline industry might continue to burn cash into 2022 amid uncertainty over when governments will release travel restrictions, according to a range of scenarios presented by IATA.
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NewsSpirit AeroSystems performing 787 analysis and rework
Spirit AeroSystems is performing engineering analysis and “rework” on Boeing 787 components as part of Boeing’s broader effort to address 787 quality issues.
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NewsIncorrectly-set radio preceded serious Q400 runway incursion
Regional operator QantasLink has reviewed procedures at non-controlled airports to improve communication, after a Bombardier Q400 entered and taxied along an active runway, forcing a landing light aircraft to execute a go-around. Investigators found the Q400 crew had been under time and workload pressure before the departure from Gladstone airport ...
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NewsInfluential Lufthansa Group shareholder Thiele dies
German entrepreneur Heinz-Hermann Thiele has died, a year after he emerged as a substantial shareholder in Lufthansa Group and threatened to reject a crucial bail-out for the airline company. Thiele was the majority shareholder and deputy chair of rail and commercial vehicle systems supplier Knorr-Bremse. The company says he “passed ...