All news – Page 855
-
NewsHydrogen-powered airliners unlikely in near term: Boeing exec
Boeing’s top product developer doubts hydrogen-powered airliners will be viable in the near future due to technical and regulatory hurdles and remaining technological uncertainty.
-
NewsVolaris shareholders vote in favour of capital increase
Mexican low-cost carrier Volaris has won shareholder approval to raise up to Ps3.5 billion ($164 million) in capital. The airline says it is “evaluating different financing alternatives” after shareholders approved the plan at an extraordinary general meeting on 18 September. Source: Airbus Options under consideration are a ...
-
NewsJamco targets incremental cabin improvements – for now
Jamco is awaiting All Nippon Airways’ decision on whether to modify lavatory doors on its aircraft for hands-free use, as the interior equipment manufacturer focuses attention on incremental, cost-effective passenger-experience improvements.
-
NewsSpirit predicts Asco purchase will terminate, describes Bombardier buy as uncertain
Spirit AeroSystems expects not to close its planned $420 million acquisition of Belgium company Asco and has raised uncertainty about closing a planned $500 million purchase of Bombardier’s commercial aviation businesses.
-
NewsTravel restrictions prompt Wizz to put St Petersburg launch on hold
Expanding Central European carrier Wizz AIr has been forced to put plans to launch its first Russian base on hold as a result of fresh travel restrictions.
-
NewsCrisis diminishes cross-border merger prospects: IAG ex-chief Walsh
Former IAG chief executive Willie Walsh believes the prospects for greater cross-border merger freedom have receded in the wake of the air transport crisis, because governments are more likely to act to protect airlines. Speaking at a Eurocontrol event on 22 September, Walsh said he expected consolidation in the form ...
-
NewsInternational air travel can only be revived by Covid-19 testing: IATA
A systematic pre-flight coronavirus testing regime for all international passengers is the only way to kick-start the airline sector’s recovery, according to IATA.
-
NewsUS rule on early 777 fuel-tank inerting overrides foreign carriers’ objections
US safety regulators have adopted a controversial rule aimed at modifying early Boeing 777s to reduce the risk of a centre fuel-tank explosion, having dismissed multiple objections by foreign operators of the type. Part of a long-running FAA effort to reduce the risk of fuel-vapour explosion across a range of ...
-
NewsRwandAir seeks to acquire freighter
The African carrier is “looking at acquiring a cargo freighter in the near future”, its chief executive Yvonne Makolo tells FlightGlobal.
-
NewsTUI brings down winter capacity as short-term booking trend persists
Leisure company TUI Group has further cut its winter capacity, to around the 40% level, as it laments the uncertainty over travel restrictions to which it attributes a persistent trend for short-term bookings. TUI had stated in August that it was reducing capacity for the winter 2020-21 season by 40%. ...
-
In depthRecovery in China hard to replicate elsewhere: GAMECO chief
China’s rapid recovery in domestic air travel — after a battering by the coronavirus pandemic —will be difficult to replicate in other countries and regions, but can set the tone for a wider, global recovery. Chief executive officer and general manager of Chinese MRO GAMECO Norbert Marx says the key ...
-
NewsRex taps private equity for $110m to launch domestic operations
Australia’s Regional Express is in “advanced exclusive negotiations” with PAG Asia Capital for up to A$150 million ($110 million) funding to support its plans for commencing domestic operations. Rex describes PAG as a leading Asia-Pacific-focused private investment firm and the parties inked a long-form term sheet on 21 September evening, ...
-
NewsUS lawmakers propose additional $29bn in airline support for staff
Two US senators have introduced a bill that would provide airlines with another $28.8 billion in funds earmarked for employee expenses incurred through March 2021.
-
NewsUS Air Force HH-60W combat rescue helicopter starts live-fire tests
The service aims to demonstrate the functionality, accuracy and safety of three gun options for the new combat rescue helicopter, the USAF says on 16 September. The helicopter was grounded for the initial live-fire tests.
-
NewsBoeing lays off pilot group that supports service entry of new aircraft types
Boeing is laying off a group of seven “line-assist instructor pilots” whose work includes helping airlines bring into their fleets aircraft types that those airlines have not previously operated.
-
NewsAirbus turns to hydrogen as energy promise of batteries fades
Airbus is backing away from battery power in favour of pursuing hydrogen as a primary propulsion source for future aircraft development, over concerns that battery technology will not advance quickly enough to adapt to large airliners. The airframer has unveiled three conceptual designs – two based on conventional turboprop and ...
-
NewsLufthansa to mothball entire A380 and A340-600 fleet
Lufthansa Group will put all of its Airbus A380s and 10 of its A340-600s into long-term storage, only to be reactivated in the event of an “unexpectedly rapid market recovery”, and will permanently remove the remainder of its A340-600 fleet from service.
-
NewsNew York bankruptcy court green-lights LATAM’s revised financing proposal
LATAM Airlines’ revised debtor-in-possession financing proposal has been approved by a bankruptcy court in New York,
-
NewsAirlines UK-commissioned study calls for reopening of US routes
Ongoing travel restrictions between the UK and the USA will negatively affect the former’s economy by £32 million ($41 million) a day by the beginning of October, but losses could be reduced and confidence restored if some markets between the two countries were allowed to reopen later this year, according to a new study carried out by York Aviation on behalf of Airlines UK.
-
NewsState takes 14% of El Al as Knafaim is displaced as main shareholder
Israel’s government has taken a 14% shareholding in flag-carrier El Al, during a share offering which led to a change in its largest shareholder. Kanfei Nesharim Aviation has acquired a near-43% share of El Al after it picked up more than 585.6 million shares. Even at the minimum price for ...