All news – Page 869
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NewsAustralia’s regional aviation to normalise within two years: Rex
Government grants and subsidies have kept Australia’s Regional Express afloat, the company says, and it expects regional aviation to return to normalcy within two years. The Rex Group managed a marginal 1.3% increase in revenue for the fiscal year (FY) ended 30 June, as government grants and subsidies mitigated the ...
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NewsThai airlines petition prime minister for $774m in soft loans
Senior management of seven Thai airlines have petitioned the country’s prime minister to provide Bt24 billion ($774 million) in soft loans to local carriers. The government said in a 28 August statement posted on its website that executives from Thai AirAsia, Thai AirAsia X, Thai Smile, Thai Lion Air, Thai ...
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NewsNok Air narrows losses in second quarter
Thai budget carrier Nok Air narrowed its losses in the second quarter despite the impact of the Covid-19 pandemic, though overall losses for the first half of the year were significantly higher than the year-ago period. Apart from Covid-19, other factors that contributed to its first-half performance include greater foreign ...
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NewsJAL in consortium to study drone deliveries in Tokyo
Japan Airlines has joined a consortium of four other Japanese companies in a feasibility study on drone deliveries in Metropolitan Tokyo. The two-year project will see the group study the feasibility of drone deliveries in the medical, food, as well as security sectors. Source: Japan Airlines Japan Airlines ...
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NewsExosonic developing low-boom supersonic jet possibly to serve as ‘Air Force One’
Start-up Exosonic recently won a US Air Force (USAF) contract to develop a low-boom supersonic executive transport that could serve as a future “Air Force One”.
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NewsRaytheon slows hybrid-electric airliner project, citing pandemic
Raytheon Technologies has slowed development of a hybrid-electric airliner under an effort called Project 804, though the company insists it remains committed to advancing electric-aircraft technologies.
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NewsDelta and American follow United in abolishing change fees
A day after United Airlines killed the long-hated change fee, Delta Air Lines and American Airlines have matched the Chicago-based carrier’s move, also pledging to “permanently” eliminate all change fees for domestic and some international travel.
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NewsEVA Air swaps some 787-10s for 777Fs and 787-9s
Taiwanese carrier EVA Air is amending its order for Boeing 787-10s, swapping some of the outstanding aircraft for 777 freighters and 787-9s. The airline says it has reached agreement with Boeing to exchange seven of the 787-10s yet to be delivered for four 787-9s and three 777Fs. EVA Air says ...
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NewsUS Army to accept Airbus UH-72B Lakotas with shrouded tail rotors in 2021
The service has placed an order for 17 examples of the new variant of the Lakota.
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NewsRussian state helps Aeroflot Group obtain Rb70bn in loans
Aeroflot Group has obtained state guarantees to enable it to secure two loans totalling Rb70 billion ($940 million), and has also received a subsidy worth Rb7.9 billion. The Russian operator has turned in a net loss of Rb58.3 billion for the first six months of the year, under international accounting ...
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NewsAvianca secures $370m government loan commitment
Colombia’s government has committed $370 million in aid to Avianca as part of a $2 billion financing package aimed at helping the struggling carrier weather the coronavirus downturn.
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NewsEl Al 737 arrives in Abu Dhabi after landmark flight
El Al’s landmark United Arab Emirates service from Tel Aviv has arrived at Abu Dhabi, having conducted the flight through Saudi Arabian airspace. The Boeing 737-900ER touched down on Abu Dhabi’s runway 13R at about 15:38, having departed Tel Aviv at about 11:22 – a flight time of some 3h ...
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NewsUS reiterates fears about Beijing’s plans for Ukraine’s Motor Sich
The US government has again expressed concern about Chinese efforts to gain control of Ukrainian engine manufacturer Motor Sich.
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NewsGE changes LPT protective coating after 2018 Qantas A330 aerofoil failure
The Australian Transport Safety Bureau (ATSB) has identified oxidation — and subsequent deterioration — of the protective coating around parts of a GE Aviation CF6 engine’s low‑pressure turbine as the cause of aerofoil failure, leading to an inflight engine shutdown. Releasing its final report into the June 2018 incident, ...
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NewsCreditors to take over Swissport under debt-for-equity restructuring
Ground-handling firm Swissport is set to be taken over by a group of creditors under a €1.9 billion ($2.3 billion) debt-for-equity swap as part of an extensive financial restructuring. Once the process is completed, seven institutions – a group collectively known as AHG – will control more than 75% of ...
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NewsTaiwan F-16 MRO centre to boost fleet availability
Taiwan has inaugurated a new maintenance centre for the Lockheed Martin F-16 fighter, which will improve local sustainment for the air force’s fleet of the single-engined type.
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NewsUnited eliminates change fee for US travel, allows free standby
United Airlines has “permanently” eliminated reservation change fees for domestic economy- and premium-cabin tickets and opened free same-day standby to all customers.
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NewsChina’s ‘Big Three’ carriers suffer first-half losses
At least one of China’s three largest state-owned carriers has explicitly warned that the coronavirus outbreak will continue to severely impact its profitability in the short term. In the release of its half-yearly results, China Southern Airlines says the “severe impact” of the pandemic has led it to predict ...
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NewsEl Al plans to cross Saudi airspace with 737 to reach UAE
El Al’s planned inaugural flight to the United Arab Emirates is being flightplanned to transit Saudi Arabian airspace, a route which would normally be off-limits to Israeli aircraft. The intended flightpath for the Tel Aviv-Abu Dhabi flight on 31 August would cross Jordanian airspace and then enter Saudi airspace at ...
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NewsComair receives binding offer as it finalises business plan
South African carrier Comair’s rescue practitioners have received a binding offer from the preferred investors for the company. As a result, the practitioners are seeking creditors’ consent for a further extension to the deadline to publish the business rescue plan for the operator. Comair, which operates as a British Airways ...