All news – Page 938
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NewsBoeing picks STS for UK Wedgetail conversions
Boeing Defence UK has named STS Aviation Services as its conversion partner for the Royal Air Force’s future fleet of five 737NG-based E-7A Wedgetail surveillance aircraft, after Marshall Aerospace and Defence Group withdrew from the project.
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NewsMajor lessors now hold substantial interests in Norwegian
Chinese-linked interests will hold significant shareholdings in Scandinavian budget carrier Norwegian following a debt-to-equity conversion scheme established to shore up the company’s financial position. Norwegian’s new share capital amounts to nearly 3.07 billion shares following the conversion scheme. Leasing firm BOC Aviation – which is Singapore-based, but ultimately controlled by ...
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NewsRolls-Royce overhaul primarily to affect UK civil aerospace
Rolls-Royce has increased its civil aerospace workforce by about one-third over the last 10 years, but admits that deep cuts in the sector will be necessary during its newly-unveiled restructuring. The company employs 26,100 personnel in the civil aerospace sector – accounting for about half its global workforce – with ...
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NewsFinnair seeks further layoffs to match reduced flying schedule
Finnair will enter talks with its entire workforce to secure additional temporary layoffs aimed at downsizing the number of employees to match its much-reduced flying schedule over the coming months.
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NewsNorwegian secures key state loan after sealing equity restructuring
Norwegian has completed its financial restructuring under which it converted NKr12.7 billion ($1.27 billion) debt into equity to enable it to access NKr3 billion in lifeline state aid.
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NewsMalaysia Airlines details maintenance plan amid pandemic grounding
As Malaysia Airlines parks nearly half of its fleet in long-term storage amid the coronavirus outbreak, its engineering unit has switched up its usual operations. For instance, various representatives from divisions within the unit — such as technical services, quality assurance, and maintenance control — have come together to ...
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NewsUSAF loses two stealth fighters in one week
The US Air Force has lost two stealth fighters in one week during operations from Eglin AFB, Florida.
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NewsRolls-Royce to cut 9,000 jobs largely in civil aerospace
Rolls-Royce is expecting to have to axe around 9,000 personnel – about 17% of its global workforce – in the aftermath of the economic downturn caused by the coronavirus outbreak. Its civil aerospace division will be “predominantly” affected, it says, following the severe deterioration of the air transport market. “We ...
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NewsLockheed Martin F-35 to miss 2020 production target due to coronavirus-caused parts shortage
The company’s suppliers are not able to deliver parts on time, a disruption caused by the coronavirus. As a result, the number of F-35s produced this year could fall by 18 to 24 units below the 141 aircraft goal.
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NewsAirbus opens dedicated A220 site in Mobile, starts JetBlue A220 assembly
Airbus has marked the opening of a new A220 final assembly site in Mobile, Alabama, a move the airframer says doubles its manufacturing presence in the city.
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NewsKKR to buy six Delta A321s in sale-leaseback deal
Investment company KKR has signed an agreement to buy six Airbus A321s from Delta Air Lines, which it will lease back to the Atlanta-based carrier.
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NewsHawaiian Airlines hopes for speedy end to quarantine
Hawaiian Airlines chief executive Peter Ingram says the lifting of Hawaii’s blanket coronavirus quarantine order for all inbound travelers will be integral to returning to normalcy for the airline, and the state, for which tourism is an essential industry.
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NewsUS Air Force cancels GE Aviation sole-source for F-15EX engine, asks for competitive bids
The US Air Force is asking for engine proposals for its Boeing F-15EX programme, just a few months after it said it would grant a sole source award to GE Aviation for 480 of the company’s F110 jet turbines
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NewsRescuers believe Comair has ‘reasonable’ chance of survival
South African carrier Comair’s business rescue practitioners believe there is a reasonable chance of the Johannesburg-based airline’s being saved. The airline’s board opted to enter business rescue on 4 May. Practitioners Shaun Collyer and Richard Ferguson met with creditors and employees on 19 May to outline the carrier’s position. They ...
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NewsDelta aims to reduce cash burn to zero by year-end
Delta Air Lines says it aims to reduce its daily cash burn to zero by the end of the year as it begins to ramp up its schedule to accommodate a small uptick in demand after the global coronavirus pandemic decimated air travel several weeks ago.
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NewsIATA sets out biosecurity roadmap to restarting flights
Passengers and airlines would face radical changes to the process of air travel under IATA’s guidelines for restarting the industry when the Covid-19 pandemic subsides. While its recommendations are not binding, the association hopes that governments, airlines and airports will adopt the measures as a middle ground to allow passengers ...
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NewsSouth African CAA postpones replacing lost calibration jet
South Africa’s civil aviation regulator has been forced to defer ICAO audits, and postpone replacement of its lost flight-calibration aircraft, as a consequence of the coronavirus outbreak. The Civil Aviation Authority told a parliamentary transport portfolio committee on 18 May that it had drawn up three scenarios for the development ...
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NewsGerman panel, industry, assess ethics of FCAS technology
Germany has initiated an independent process to consider the ethical and legal implications of using autonomy and artificial intelligence as part of a multinational Future Combat Air System, to enter use by around 2040.
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NewsPeruvian air force adds third 737 to transport fleet
Peru has placed a contract worth $3.75 million with Fort Lauderdale, Florida-based D&S Aviation for the supply of a second-hand Boeing 737-300 for the country’s air force.
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NewsFlying start for Jetflite’s Challenger 650
Finnish charter operator completes frantic period of coronavirus repatriation and medevac flights with newest jet