All news – Page 952
-
News
ICAO recovery task force aims for first outcomes by end of May
Representatives from 36 countries on the governing council of ICAO have established an aviation recovery task force and aims to have its first outcomes by the end of May.
-
News
Industry bodies hit out at Argentina move to block flights until September
Airline and airport bodies have warned the Argentinean authorities about the ’imminent and substantial risk’ of its to move to suspend air travel in the country until the start of September.
-
News
Cebu Pacific slips into first-quarter loss
Cebu Pacific posted an operating loss of Ps693 million ($13.7 million) in the first quarter of 2020, reversing the Ps3.85 billion operating profit made in the same period last year. Total revenue for the quarter ended 31 March fell 24.9% to Ps15.9 billion, as revenue from passenger, cargo, and ancillary ...
-
News
AirAsia to take no new aircraft this year
The AirAsia Group is “relooking” its orders for Airbus aircraft, as it gears up for return to service across its various networks. The airline group also confirmed that it will not be taking delivery of any new aircraft for the rest of the year, and targets a fleet size ...
-
News
Chinese carriers flag worsening financial impact amid Q1 losses
China’s three largest carriers have warned of deeper financial impact from the coronavirus outbreak, as they each swung to significant first-quarter losses. Air China, China Southern Airlines and China Eastern Airlines all warned of “adverse” and “severe” impact on their first-half financial results, pointing towards “uncertainty” in the development of ...
-
News
US Air Force launches study of another hypersonic cruise missile
The US Air Force is conducting market research in search of companies capable of helping to build an air-breathing hypersonic cruise missile.
-
News
‘Air Force One’ gets $168 million cost overrun due to coronavirus
Boeing added a $168 million charge to its development of the US Air Force’s VC-25B presidential transport due to disruptions to its engineering process caused by coronavirus.
-
News
Boeing CEO dismisses major new commercial product launches amid pandemic uncertainty
Boeing will not unveil a major new aircraft programme anytime soon, but will continue investing funds into updates to existing products and efforts to develop next-generation manufacturing and design processes.
-
News
Boeing KC-46A refuelling boom camera redesign to cost $551 million
Total losses on the KC-46A programme have now risen to about $4.6 billion.
-
News
Boeing anticipates Q3 return of 737 Max
Boeing believes it will resume 737 Max deliveries in the third quarter of 2020, with chief executive David Calhoun saying the company is progressing well through certification work despite challenges posed by coronavirus.
-
News
Boeing has time to review 787 production strategy in light of rate cuts: CEO
Boeing has no immediate plan to restructure its 787 manufacturing footprint despite announcing a major cut in production.
-
Opinion
Why industry can benefit from enforced hiatus in airliner production
Rates are being slashed as demand slumps - but this will provide crucial breathing space for stretched industry
-
News
Safran expects to build 1,000 CFM Leap engines this year
French aerospace specialist Safran is expecting to manufacture around 1,000 CFM International Leap engines this year, having delivered 40% fewer civil powerplants over the first quarter. It says it handed over 326 engines from the CFM56 and Leap range in the three-month period. These included 272 Leap engines, down 35%. ...
-
News
March figures reveal scale of initial coronavirus hit on airline traffic
Figures from IATA for March show global airline passenger traffic already down by more than 50% and collective load factors down more than 20 percentage points in a further illustration of how sharply the coronavirus crisis has hit the sector.
-
News
Frontier wins DOT approval to suspend flights to several cities
The US Department of Transportation (DOT) is exempting Frontier Airlines from operating routes to Charlotte, Detroit, Boston and Providence through 10 June, as a condition of its federal payroll support.
-
News
Boeing to cut commercial aircraft staff by 15% and slash production as losses mount
Boeing is slashing its commercial aircraft workforce by more than 15% and cutting production rates in response to the coronavirus pandemic and ensuing cash crunch.
-
News
Heathrow chief sees biosecurity standards key to air travel recovery
London Heathrow Airport chief executive John Holland-Kaye believes introducing common rules around biosecurity standards will be key to restoring confidence in and fuelling the recovery of air travel.
-
News
UAE takes delivery of first Saab GlobalEye
The United Arab Emirates’ first of potentially five GlobalEye swing-role surveillance aircraft has touched down in Abu Dhabi following a delivery flight from Linkoping, Sweden.
-
News
EU eases airline licensing and ground-handling rules
European authorities are putting forward proposals to ease airline licensing rules and ground-handling firms’ regulatory burdens, with the intention of reducing costs during the coronavirus crisis. Airlines which are unable to meet financial obligations over the next 12 months would normally have their operating licences revoked, or be issued with ...
-
News
British Airways mass redundancies reflect pared-back ‘new normal’
British Airways‘ drastic announcement that it could cut up to 12,000 jobs is the latest suggestion that normality in the airline industry is a thing of the past and efforts should turn instead to preparing for a slimmed-down ’new normal’ once travel restrictions begin to lift.