All news – Page 766
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NewsVietjet profitable in 2020, banks on ancillary revenue and cargo
Vietjet Air reports a profitable year in 2020 despite the pandemic, banking on ancillary revenue and cargo.
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NewsJAL cuts earnings forecast citing pandemic uncertainty
Japan Airlines (JAL) has sharply reduced its profit and revenue forecasts for the 2020 financial year, as it reports significant nine-month losses.
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NewsRyanair summer fleet plans rest on 737-8200 certification
Ryanair is hoping that, following restoration of the Boeing 737 Max in Europe, certification of the specific high-density 737-8200 variant will shortly follow, allowing it to build a fleet of the jets ahead of summer. The US FAA’s flight standardisation board conducted an analysis of changes introduced for the -8200 ...
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NewsManila, Jakarta beef up tactical transport fleets
The Philippine air force has taken delivery of the first of two Lockheed Martin C-130H tactical transports provided under the US government’s Excess Defence Articles programme.
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NewsHainan Airlines warns full-year loss could hit staggering CNY65 billion
China’s Hainan Airlines has forecast a staggering full-year net loss of between CNY58 and 65 billion ($9-10 billion), with asset impairment costs expected to account for a significant portion of its red ink.
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NewsSIA Engineering ekes out small profit in third quarter
SIA Engineering (SIAEC) swung briefly back into the black in its third-quarter earnings, warning that the “glacial pace” of global air travel recovery is punishing its profitability.
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NewsChina’s ‘Big Three’ flag steep full-year losses from pandemic impact
China’s three largest carriers are expecting to swing firmly into the red for the year ended 31 December 2020.
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NewsIndustry groups urge US government to reject domestic testing requirement
A coalition of travel industry lobby groups and unions is urging the new US administration to reject a coronavirus testing mandate for domestic air travel similar to the one that was introduced for international arrivals earlier this week.
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NewsUnited warns 14,000 employees their jobs may be in danger
United Airlines has put 14,000 employees on notice that their jobs are once again in danger when the second round of US government financial aid set aside for airline payroll support expires on 31 March.
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NewsLockheed Martin’s board elects CEO James Taiclet to chairman role
Lockheed Martin’s board of directors has elected its president and chief executive James Taiclet to an additional role, chairman of the board, starting 1 March.
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NewsGermany shuts border to travellers from Ireland and Portugal
Germany has shut its border to two fellow European Union nations in an effort to halt the spread of coronavirus mutations that are more-easily transmitted.
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NewsBoom Supersonic hires aerospace, marketing veterans
Supersonic airliner developer Boom Supersonic has hired two senior executives with experience working at globally known aerospace and technology companies.
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NewsPSA returns CRJs to service after inspections
Regional carrier PSA Airlines is again flying its MHIRJ CRJ jets after having grounded the aircraft for mandatory inspections, PSA parent American Airlines says.
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NewsLilium partners with Ferrovial to build ‘vertiports’ in Florida
German electric air taxi company Lilium has partnered with Spanish infrastructure company Ferrovial to build “at least 10 vertiports” in what it calls “strategic locations” across the southern US state of Florida.
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NewsCanada suspends all flights to Mexico and the Caribbean
Canadian airlines will suspend all flights to Mexico and the Caribbean for the next three months as the country imposes even stricter measures to stem the spread of new variants of the coronavirus.
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NewsFinland requests final offers for HX fighter deal
Finland has asked all five bidders involved in its HX fighter contest to submit best and final offers by 30 April, ahead of a type selection decision at “the end of 2021”.
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NewsNew Spanish facility of BAA Training to offer 737 Max simulators
Pilot-training organisation BAA Training is intending to introduce Boeing 737 Max simulation devices at its Spanish facility over the course of this year. The company says the Barcelona centre will be introducing a Max full-flight simulator in April, and complement this with a flight-training device in the fourth quarter. With ...
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NewsBombardier becomes pure business jet company with sale of rail unit
Bombardier has completed its planned transformation into solely a business jet manufacturer, having closed the sale of its train business to French company Alstom.
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NewsAir cargo leaders expect ‘challenging but profitable’ 2021
Elevated demand for dedicated air cargo services will persist for several years until there is a meaningful return of passenger services, according to leading figures in the air cargo industry.
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NewsGulfstream G650 demand holding up despite development of G700
Gulfstream continues to see strong interest in the eight-year-old G650, despite fears that newer models elsewhere in airframer’s line-up would kill demand for the ultra-long-range business jet.