All news – Page 933
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NewsEasyJet to axe up to 30% of jobs as it cuts fleet
EasyJet is to begin consultations on proposals to cut staff levels by up to 30% as it expects to reduce its fleet by 51 through a mix of deferrals and returning leased aircraft by the end of 2021. In a trading update released today the UK budget carrier says it ...
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NewsSAS to defer Airbus deliveries as it overhauls business plan
Scandinavia’s SAS is to defer and review future Airbus deliveries and those from lessors, as part of its response to the coronavirus crisis, as it continues to pursue additional funding. The airline is drawing up a revised business plan which aims to bring SKr4 billion ($417 million) in improvements by ...
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NewsA400M wins certification for automatic low-level flight
The Airbus A400M tactical airlifter has received certification for its automatic low flight capability.
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NewsThai Airways appoints planners for business rehabilitation
Thai Airways International has appointed five people, including one of its former presidents, to jointly hold the position of plan preparer during its business rehabilitation process. The carrier’s chairman Chaiyapruk Didyasarin and acting president Chakkrit Parapuntakul have been appointed, along with three newly appointed board members: former president Piyasvasti Amranand, ...
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NewsBabcock selects Bell 429 for Australian special forces bid
Babcock Australia has down selected the Bell 429 as its bidding platform in Australia’s bid to obtain a new special forces helicopter.
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NewsLessor Avation pulls the plug on sale process
Avation is ending its formal sale process as the Covid-19 pandemic brings unprecedented disruption to the aviation industry that is still ongoing. The Singapore-based lessor says in a 27 May statement that over the past “several weeks”, Covid-19 has “continued to disrupt business activities, particularly air travel, on an unprecedented ...
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NewsChina opens ‘green channel’ for charters
China’s aviation regulator will gradually reopen its borders, as it allows selected travellers from certain countries to travel to the country. Under a new “green channel” policy, the Civil Aviation Administration of China (CAAC) will allow carriers — both Chinese and international — to apply for rights to operate ...
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NewsBankruptcy is not a financial tool: American chief
American Airlines chief executive Doug Parker expects all the major US airlines to survive the current zero-revenue environment created by coronavirus pandemic, including the one he leads. Despite the many millons of dollars being burned daily by American (and by its peers), filing for bankruptcy protection is not perceived by ...
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NewsAir Canada seeks five new international cargo routes
Air Canada is seeking government approval to add five new destinations in Europe and South America to its air freight network starting 1 June, seeking to take advantage of demand for cargo capacity even as passenger travel demand remains stagnant. If approved, the Canadian flag carrier would operate air freight ...
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NewsRyanair challenges Lufthansa state-aid package
Ryanair plans to appeal against Lufthansa’s €9 billion ($9.9 billion) financial package from the federal German government on the grounds that it “distorts competition”. Lufthansa Group received approval from the German government’s economic stabilisation fund, WSF, on 25 May for a rescue deal under which the fund would take a ...
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NewsUnited reshuffles management to prepare for post-coronavirus world
United Airlines says that it is reshuffling top management roles to better prepare itself for a post-coronavirus transformation.
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NewsBoeing restarts 737 Max production
Boeing has resumed 737 Max production, bringing the factory back on line at “low” production rates almost five months after halting Max assemblies.
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NewsRussia starts building first stealth bomber: state media
Russia has started building its first stealth bomber, also known as the Perspective Aviation Complex for Long-Range Aviation (PAK DA) programme.
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NewsAmerican sees signs of travel rebound
American Airlines says it sees promising signs of a rebound in air travel after the coronavirus pandemic decimated the industry earlier this year, but warns that the bounce in demand is tenuous, and from a vanishingly low level.
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NewsMitsubishi Aircraft’s pause comes amid renewed ‘scope’ uncertainty
Mitsubishi Aircraft’s decision to halt SpaceJet M100 development may partly reflect fresh uncertainty about “scope clauses” – those pilot contract provisions that dictate which aircraft US regional airlines can operate.
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NewsKenya Airways losses widen in 2019 on higher costs
Kenya Airways pre-tax losses deepened to KSh13 billion for the year ending December 2019 despite increasing passenger levels and revenues.
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NewsAdministrators see ‘reasonable’ prospect of SAA rescue
Business rescue practitioners at South African Airways describe as “reasonable” the prospects of rescuing the struggling carrier, though stress this is dependent on the necessary funding.
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NewsHow the ACJ320neo family has come of age
Five years ago John Leahy, then Airbus chief operating officer, made his first and only visit to EBACE, to sign a single aircraft deal that heralded the launch of the ACJ320neo family, and a new era for the corporate airliner family.
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NewsNearly 7,000 workers to lose jobs in Boeing’s first wave of job cuts
Boeing will notify nearly 7,000 employees this week that their jobs will be eliminated as part of a 10% companywide staff reduction that targets the aerospace giant’s commercial aircraft business.
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NewsTecnam launches diesel-engined P2010
Italian general aviation aircraft manufacturer Tecnam has launched a diesel-engined version of its P2010 piston-single, targeted at owners and operators who are seeking a lower-cost and more versatile alternative to traditional avgas-fuelled light aircraft.