All news – Page 818
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NewsSecond Iran Air aircraft makes wrong-runway landing at Tabriz
Iranian investigators have indicated that an Airbus A319 crew landed on the wrong runway at Tabriz airport after becoming accustomed to using it on two previous flights. The Iran Air aircraft (EP-IEP) had been inbound to Tabriz from Isfahan on 7 October but, despite being cleared to land on runway ...
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NewsRevenue collapse widens Cebu Pacific third-quarter loss
Cebu Pacific continued its loss-making streak for the third quarter this year, as it widened its operating losses on the back of a steep revenue decline. For the quarter ended 30 September, the Philippine low-cost carrier and its subsidiaries reported an operating loss of Ps6.7 billion ($139 million), reversing ...
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NewsSingapore, Hong Kong travel bubble begins 22 November
The air travel bubble between Singapore and Hong Kong — the first such arrangement for both cities — will commence on 22 November, allowing for all forms of travel without having to undergo a 14-day quarantine. Outlining further details on the travel arrangements, the Civil Aviation Authority of Singapore ...
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NewsBoeing secures $9.8 billion contract for Saudi F-15 work
Boeing has secured a contract worth up to $9.8 billion related to modernisation and support work for Saudi Arabia’s F-15 fleet.
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NewsComac delivers first ARJ21 to China Express
China Express Airlines has become the country’s seventh operator of the Comac ARJ21 regional aircraft, after taking delivery of its first example.
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NewsBoeing wins $808m worth of contracts in support of Qatari F-15QA fighters
Boeing has won three foreign military sales contracts from the US Air Force for training services, aircraft support and spare parts for F-15QA fighter aircraft ordered by the Qatari air force.
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NewsEmbraer cuts jobs, restructures and lays out recovery plan as losses mount
Embraer continues restructuring its operation and cutting costs as it aims to return to growth after 2021.
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NewsUnited Airlines returns to New York’s JFK airport
United Airlines will return to New York’s John F Kennedy International airport in early 2021 with flights to the US West Coast, aiming to benefit from new trends in travel following the coronavirus crisis.
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NewsUSA approves $23bn sale of F-35s, MQ-9Bs and thousands of weapons to UAE
The US Department of State has approved the sale of an aircraft and weapons package worth up to $23.37 billion to the United Arab Emirates (UAE), including 50 examples of the Lockheed Martin F-35A Lightning II stealth fighter.
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NewsLufthansa lifts liquidity with €600m bond issue
Lufthansa has bolstered its liquidity by placing a €600 million ($712 million) convertible bond. The German airline group says the transaction was more than six times oversubscribed. The bonds, which have an annual coupon of 2%, are redeemable in November 2025. Source: Lufthansa Lufthansa Group executive board ...
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NewsAeroflot chief Saveliev to become Russian transport minister
Long-serving Aeroflot Group chief executive Vitaly Saveliev is set to become Russian transport minister after he was nominated for the role by prime minister Mikhail Mishustin. The transport ministry says that Saveliev will take over, following a Russian presidential decree dated 10 November. Saveliev has led the Russian carrier group ...
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NewsIrkut rolls out first MC-21 with Russian PD-14 engines
Russian airframer Irkut has rolled out the first MC-21 equipped with domestically-built Aviadvigatel PD-14 powerplants. The variant, designated the MC-21-310, is the alternative to the -300 which features Pratt & Whitney PW1400G engines. Irkut has yet to fix a date for the maiden flight of the -310 but says it ...
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NewsUnion conflict erupts at TUIfly over restructuring plan
Management at German leisure carrier TUIfly and pilot union Vereinigung Cockpit are blaming each other for a breakdown in talks about restructuring measures amid the air transport crisis.
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NewsMax cancellations inch up in October as Boeing lands no new orders
In October, Boeing lost another 12 orders for the 737 and received no new commitments for any commercial aircraft type, while deliveries inched up to 13 jets.
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NewsWizz signs ‘indefinite’ contract with chief Varadi
Wizz Air chief executive Jozsef Varadi has agreed to lead the central European budget operator indefinitely. In a 10 November stock-exchange notice, Wizz says it has agreed a new service contract with Varadi. Source: BillyPix “The contract term is indefinite and the terms of his service agreement ...
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NewsVaccines mean summer could see 80% of 2019 demand: Ryanair chief
Intra-European air travel is likely to see “some degree of normality” in summer 2021 as a result of positive vaccine developments, according to Ryanair group chief executive Michael O’Leary.
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NewsNorwegian flags ‘significant’ bankruptcy risk amid heavy losses
Scandinavian budget carrier Norwegian has today warned that it faces a “significant risk” of insolvency, as it revealed a third-quarter net loss of NKr980 million ($108 million). Still reeling from the Norwegian government’s 9 November announcement that it would not provide any more financial support to the struggling airline, the ...
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NewsArkia-Israir merger proposal among bids for Israeli leisure carrier
Israeli carrier Arkia has revealed it is bidding to take over leisure operator Israir, one of multiple parties to have declared formal interest in acquiring the carrier. Israir is being auctioned as part of a restructuring of troubled parent company IDB Development. Arkia says it would pursue Israir “by way ...
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NewsGAMECO completes first 737-800 freighter conversion
Chinese MRO GAMECO has completed its first Boeing 737-800 passenger-to-freighter conversion, nearly half a year since it launched the programme. The first aircraft, a former AeroMexico example registered N520AM, was inducted into the Boeing Converted Freighter (BCF) line in Guangzhou in late May. GAMECO completes first Boeing 737-800 passenger ...
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NewsManila receives first five S-70i Black Hawks
Five new Sikorsky S-70i Black Hawk Helicopters have arrived in the Philippines, the first batch of a 16-rotorcraft order.