All news – Page 968
-
NewsChangi airport to close Terminal 2 for 18 months from May
Singapore’s Changi airport is closing Terminal 2 (T2) for 18 months from May 1 due to the dramatic fall in traffic as a result of the coronavirus crisis. Transport minister Khaw Boon Wan told parliament on 6 April that the impact on Changi was “severe”, describing the airport, which has ...
-
NewsIndian regional carrier falls victim to coronavirus pandemic
Air Deccan, a small regional airline that was once India’s largest low-cost carrier, has become the first airline in the country to fall victim to the coronavirus pandemic. Cirium fleets data shows the airline has just two 19-seater Beechcraft 1900Ds but once boasted Airbus narrowbodies and ATR turboprops. It announced ...
-
NewsBOC Aviation’s first-quarter collection rate falls to 94%
BOC Aviation reported 100% aircraft utilisation for the three months ended 31 March 2020, though lease payment collection rate for the period was 94%. Data from the company’s historical stock-exchange filings show that since 2008 – the first full-year the company operated as BOC Aviation after Bank of China acquired ...
-
NewsFAA proposes noise standards for new class of supersonic civilian jets
The US Federal Aviation Administration is moving forward with an effort to establish noise certification standards for supersonic aircraft, a development intended to set the US government on a path to permitting a new class of ultra-fast jets.
-
NewsBoeing shuts down South Carolina 787 site due to coronavirus
Boeing will suspend production at its 787 facility in North Charleston, South Carolina on 8 April “until further notice” due to the spread of coronavirus.
-
NewsSweden’s BRA files for protection to buy time for restructuring
Swedish carrier Braathens Regional Airlines has filed for protection in order to undergo a restructuring exercise. It has suspended all services with effect from 6 April with the intention of gradually resuming flights “after the summer”, it says, when conditions are expected to have improved. BRA says the decision will ...
-
NewsBoeing demonstrates S-100 Camcopter UAV resupplying US Army soldiers
Boeing recently demonstrated the S-100 Camcopter unmanned air vehicle resupplying soldiers with small cargo packages in an unnamed US Army exercise.
-
NewsAirbus suspends A220 and A320 assembly at Mobile
Airbus is temporarily suspending aircraft production at its US assembly line in Mobile for about three weeks, and is adapting activity at its German facilities in Bremen and Stade. The airframer assembles A320 and A220 jets at the Mobile plant. Airbus says it will “pause” production this week and expects ...
-
NewsCTT to supply inflight humidification system for BBJ Max 9
Swedish cabin climate specialist CTT Systems has secured an order from AMAC Aerospace for an inflight humidification (IFH) system on a Boeing BBJ Max 9.
-
NewsHSBC expects European airline consolidation amid Covid-19 crisis
The coronavirus crisis will speed up airline-industry consolidation across Europe as less profitable carriers fail or are taken over by leaner competitors, according to an analysis by HSBC. “We expect financially weak airlines that survive to be… significantly smaller as they exit the outbreak,” the bank writes in an update ...
-
NewsHexcel and Woodward cancel merger due to coronavirus downturn
Downturn and broader economic fallout caused by coronavirus prompts Woodward and Hexcel to terminate planned merger
-
NewsIAI ships first cargo-converted 737-800s following certification
Approval adds second variant to existing -700 modification
-
NewsEasyJet borrows from UK coronavirus fund as part of liquidity plan
Budget carrier EasyJet has taken steps to borrow funds from the UK government’s corporate financing facility, established to assist companies during the coronavirus crisis. EasyJet chief executive Johan Lundgren says the airline’s “priority” is to “safeguard short-term liquidity”. He says the company has been successful in issuing £600 million of ...
-
NewsBusiness aircraft activity plummets in March
The coronavirus outbreak pummelled business aircraft activity in March across Asia, Europe and North America, according to German research company WingX Advance.
-
NewsIncorrectly-sized parts found after Icelandair 757 gear collapse
Investigators have found incorrectly-sized components on the landing-gear assembly of an Icelandair Boeing 757-200 which suffered a main landing-gear collapse at Reykjavik earlier this year. Icelandic investigation authority RNSA has recommended specific safety checks on four aircraft serviced by Landing Gear Technologies, to ensure that parts which have undergone undersizing ...
-
NewsEasyJet founder refuses to inject new funds as he directs ire at CFO
EasyJet founder and shareholder Stelios Haji-Iaonnou has refused to inject any fresh capital into the UK budget airline while a contract to acquire further Airbus jets remains in place, and is turning his wrath on chief financial officer Andrew Findlay. Haji-Ioannou has named Findlay as the second director he aims ...
-
NewsIcelandair Group studies options to avoid liquidity depletion
Icelandair Group has recruited advisors to look into options for reinforcing its capital structure, and explore possibilities for strengthening its competitiveness. It states that its liquidity position is still “well above” its minimum level of $200 million. But it adds that – given the assumption of “minimum revenue generation” in ...
-
NewsTrent 1000 fix progressing despite coronavirus disruption
Rolls-Royce is aiming to bring the number of Boeing 787s on the ground for Trent engine modification reasons to fewer than 10 by the end of the second quarter. While the manufacturer is taking steps to deal with the impact from the coronavirus crisis, it is maintaining efforts to address ...
-
NewsANA in talks for Y1.3 trillion in liquidity: reports
All Nippon Airlines (ANA) is reportedly exploring options for credit lines that would furnish approximately Y1.3 trillion ($11.9 billion) in liquidity to see it through the coronavirus pandemic. Japanese news outlets, originating with the Nikkei Asian Review, report unamed sources as saying that the airline is looking for Y1 trillion ...
-
NewsRolls-Royce shores up defences as airlines’ widebody engine activity drops
Rolls-Royce has disclosed that the primary impact of the coronavirus crisis on its civil aerospace business has been a reduction in widebody engine flying hours by 25% over the first quarter, including a 50% fall in March. It expects “further deterioration” during April, and beyond, given the increasing grounding of ...