All news – Page 864
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NewsBoeing production cuts dent MHI aerospace revenue
Mitsubishi’s aerospace business swung to a net profit of Y7.6 billion ($66.6 million) for the first half of its 2021 financial year, although revenues fell 26.5% to Y247 billion.
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NewsAirAsia X faces possible delisting after auditors issue disclaimer of opinion
Beleaguered long-haul, low-cost carrier AirAsia X could be delisted from the Malaysian stock exchange if it fails to successfully restructure its business.
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NewsTokyo takes delivery of first KC-46A
Boeing has delivered the first KC-46A tanker to the Japan Air Self-Defense Force (JASDF), the first delivery of the 767 derivative to a customer outside the USA.
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NewsCovid-19 resurgence pushes China’s ‘Big Three’ deeper in the red
China’s three largest carriers widened their net losses for the third quarter of the year — despite an increase in revenue — as recent spikes in coronavirus infections dealt a “sustainable impact” on profitability.
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NewsUS Air Force names GE Aviation engine supplier for F-15EX fleet
The US Air Force has named GE Aviation as the sole engine supplier for its new Boeing F-15EX Eagle II fleet.
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NewsSkyryse raises $200m to allow ‘anyone to fly anywhere in any aircraft’
US start-up Skyryse has raised a $200 million in funding to develop a touchscreen tablet-based flight automation program that would allow “anyone to fly anywhere in any aircraft”.
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NewsFormer 737 Max technical pilot’s trial delayed until 15 December
The trial of former Boeing 737 Max chief technical pilot Mark Forkner will start on 15 December – one month later than previously scheduled.
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NewsFrance-backed consortium begins flight tests of 100% SAF-powered single-aisle
A French government-backed aerospace consortium has launched a study of a single-aisle jet running on 100% sustainable aviation fuel (SAF), with the flight-test campaign kicking off on 28 October.
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NewsDomestic lift helps Aeroflot turn a profit for the third quarter
Aeroflot turned a group profit under Russian accounting standards for the first time since the pandemic in the third quarter, driven by a strong domestic traffic performance during the period.
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NewsPressure mix-up preceded altitude alert for CRJ1000 approaching Nantes
French investigators have indicated that a minimum safe altitude alert for a Bombardier CRJ1000 was triggered after its crew misunderstood a pressure setting. The aircraft was being operated by Air France regional division Hop on a domestic service from Lyon to Nantes on 20 October. According to investigation authority BEA ...
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NewsSkyTeam confirms ITA to replace Alitalia as Italian partner in alliance
SkyTeam has confirmed that new Italian carrier ITA Airways will replace defunct national operator Alitalia in the global alliance.
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NewsAvianca A320 records exceptionally hard landing during airport test flight
Colombian investigators are probing a serious incident in which an Avianca Airbus A320 made a hard landing following an approach to Ibague airport, west of Bogota. The twinjet (N742AV) was carrying out an approach to runway 32, during an initial operational check to validate new approach procedures, according to French ...
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NewsSafran raises Leap delivery guidance but flags ramp-up challenges from ‘fragile’ supply chain
French aerospace supplier Safran has increased its guidance for deliveries of CFM International Leap-series engines in 2021, citing a stronger recovery than previously forecast, alongside higher demand for spare powerplants.
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NewsWizz dismisses executive over undisclosed share trading
Wizz Air has dismissed its chief supply officer over a series of undisclosed share dealings following an investigation by the Financial Conduct Authority, the UK’s finance regulator.
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NewsAirAsia carriers optimistic of strong year-end recovery, amid Q3 traffic collapse
AirAsia Group’s airline units expect a “strong revival” for the year-end period, as key South-east Asia markets begin reopening to tourism.
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NewsProfitable Transavia reflects rebound in European leisure activity
Budget carrier Transavia’s third-quarter operating profit of €105 million ($123 million) reflected strong recovery in leisure demand within Europe. Transavia’s capacity returned to around 85% of the pre-crisis level for the same quarter, and load factor exceeded 78%. Parent company Air France-KLM adds that the budget airline’s yield over the ...
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NewsKAI in rapid development project for manned-unmanned teaming
Korea Aerospace Industries (KAI) has secured a government contract to rapidly develop and demonstrate a manned-unmanned teaming (MUM-T) application with its KUH-1 Surion helicopter.
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NewsANA cuts full-year earnings forecast, citing ‘delay’ in recovery
All Nippon Airways parent ANA Holdings expects to be loss-making for the full-year, as it cites a “delay in full recovery” from the “extended impact” of a prolonged coronavirus pandemic globally.
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NewsSafran ‘optimistic’ as recovery gathers pace
Safran sees continued momentum in the industry’s recovery from the Covid-19 downturn as the French aerospace giant reported a robust performance in the third quarter.
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NewsAir France-KLM awaits Asia re-opening as it turns in third-quarter operating profit
Air France-KLM Group is expecting its overall capacity for the fourth quarter to be some 25-30% down on the same period in pre-crisis 2019. The company gave the estimate as it demonstrated gradual recovery by posting a third-quarter operating profit of €132 million ($154 million). But it is not giving ...