All news – Page 889
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NewsPandemic torpedoes IndiGo profitability
Indian low-cost carrier IndiGo plunged deeper into the red in its latest quarterly financial results, amid a collapse in revenue from the coronavirus outbreak. For the quarter ended 30 June, IndiGo reported an operating loss of Rs28.4 billion ($380 million), reversing the INR15.1 billion profited it made last year. The ...
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In depthAnalysts view Charleston as central to 787’s future as Boeing CEO urges patience
Boeing’s chief executive has cautioned against speculation that the company’s 787 production review will culminate in an eventual shift of all 787 work to South Carolina. But analysts view Boeing as heading in that direction.
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NewsAllegiant loses $93 million in ‘most turbulent’ quarter
Allegiant Travel Company, parent of ultra-low-cost carrier Allegiant Air, reported a $93 million loss in the second quarter as the coronavirus pandemic ravaged the air transport industry during the period.
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NewsUncoordinated government response to coronavirus hinders recovery: experts
As the coronavirus pandemic drags on, air passengers have become accustomed to social distancing rules and other safety measures, but industry experts say uncoordinated government responses continue to prevent the industry from meaningful recovery.
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NewsBoeing aims to deliver ‘majority’ of 450 stored 737 Max within one year
Boeing intends to deliver most of its 450-strong 737 Max stockpile within one year of resuming deliveries of the still-grounded jet.
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NewsAerCap cancels 15 737 Max orders
Aircraft lessor AerCap has cancelled orders for 15 Boeing 737 Max, becoming the latest Boeing customer to nix orders for the still-grounded jet.
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NewsGE Aviation loses thrust as pandemic takes toll
GE Aviation’s sales tumbled by nearly half in the second quarter of 2020 as the industry downturn sapped commercial aircraft engine demand and erased profits.
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NewsBoeing pushes to Q4 its expectation for resuming 737 Max deliveries
Boeing has pushed back its expectation of the 737 Max’s certification by one quarter, saying it now expects to resume 737 Max deliveries in the fourth quarter.
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NewsBoeing slashes output, delays 777X to 2022 and confirms end for 747
Boeing has pushed back its first 777X delivery, slashed production rates, warned of more layoffs and confirmed it will end 747 production in 2022. The company also says it is evaluate whether to consolidate its two 787 production facilities.
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NewsSIA A380 future in limbo as review of future network, fleet size underway
Singapore Airlines Group will in the next six months be reviewing the size and shape of its network and fleet over the long term.
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NewsHeathrow issues Covid-19 testing plea as losses mount
London’s Heathrow airport has reiterated calls for the UK government to introduce a Covid-19 testing programme as an alternative to quarantine for arriving passengers.
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NewsWizz Air chief claims ‘this is our time’ as carrier expands network
Wizz Air is taking advantage of the opportunities created by the coronavirus crisis to expand its footprint across eastern and central Europe with new bases and routes.
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NewsSIA defers Airbus deliveries amid S$1 billion Q1 operating loss
Singapore Airlines Group has reached an agreement with Airbus regarding aircraft deliveries and payment deferrals, as it reported a massive quarterly operating loss. The group, which comprises mainline carrier SIA, regional arm SilkAir, as well as low-cost unit Scoot — says it has reached an agreement with Airbus on ...
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NewsS7 temporarily tops Russian passenger carriage table
S7 Airlines has temporarily emerged as Russia’s largest individual operator, the aviation regulator shows, as passenger numbers in the country halved to 27.8 million in the first six months of the year. Federal air transport authority Rosaviatsia states that the number of air passengers travelling in Russia was nearly 52% ...
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NewsAirbus Helicopters accelerates VSR700 testing as UAV flies untethered
Airbus Helicopters expects to begin accelerating testing of its VSR700 unmanned air vehicle (UAV) prototype following its first free flight, as the airframer builds towards deck landing trials later this year and sea trials in 2021.
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AnalysisTrump administration’s relaxation of UAV export rules offers belated boon for US manufacturers
The Trump administration’s decision to modify its adherence to the Missile Technology Control Regime (MTCR) is positive for American manufacturers of large unmanned air vehicles (UAVs), but comes after much ground has already been ceded to China. From the perspective of US defence firms, the MTCR is perhaps the most ...
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NewsANA swings to ‘large quarterly loss’ amid revenue collapse
Despite attempts to bring expenses down amid the coronavirus outbreak, All Nippon Airways’ parent company ANA Holdings swung to a massive loss in the first quarter. For the three months ended 30 June, ANA Holdings reported an operating loss of Y159 billion ($1.51 billion). This was in contrast to ...
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NewsFedEx pilots urge airline to suspend operations to Hong Kong
Unionised pilots with FedEx Express are urging the US cargo carrier to suspend operations to Hong Kong, as they object to compulsory hospitalisation and quarantine of flightcrew exposed to Covid-19 as part of stricter measures imposed by the local government to control the virus outbreak. “Recently, three Covid-19-positive asymptomatic FedEx ...
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NewsP&W says no retrenchments yet at Singapore joint venture
Pratt & Whitney has refuted retrenchment rumours at its Singapore-based joint venture with Singapore Airlines’ engineering arm, as it reiterated its commitment to its capabilities in the city-state. The engine maker responded to Singapore media reports that around 140 Eagle Services Asia (ESA) staff members were axed, saying that ...