All news – Page 993
-
News
Conviction for Pan Am 747 bombing over Lockerbie set for appeal
Scottish judicial authorities have referred the case of the Pan Am Boeing 747-100 bombing over Lockerbie to a court of appeal, 19 years after the only conviction for the attack was secured. The bombing on 21 December 1988 resulted in 259 fatalities from the aircraft, operating flight PA103 to New ...
-
News
Air Canada cancels 11 737 Max orders
Air Canada says it has cancelled orders for 11 Boeing 737 Max aircraft as it reassess its needs in the wake of the troubled aircraft’s year-long grounding.
-
News
Boeing’s order book declines as customers cancel and modify new-jet orders
Boeing’s commercial aircraft order backlog declined by 28 in February as customers cancelled deals for 737 Max, 787s and 777s, and converted Max orders to other types.
-
News
Two more Boeing staffers at Everett test positive for coronavirus
Another two Boeing employees who work at the company’s Everett site have tested positive for the disease caused by coronavirus, bringing to three the number of employees who have tested positive.
-
News
Cathay Pacific in talks to defer aircraft deliveries
Cathay Pacific is in talks with Boeing and Airbus over possible deferral of aircraft deliveries this year, as the coronavirus outbreak leaves an impact on its fiscal performance. At a briefing after Cathay released its annual results for 2019, chief operations and services delivery officer Greg Hughes confirmed that discussions ...
-
News
Air Baltic to cut staff as coronavirus ends positive run
Latvia’s Air Baltic is to cut its workforce by up to 250 personnel in a measure to stave off the impact of the coronavirus outbreak. Air Baltic, which employs around 1,600 staff, says it will “temporarily” reduce the workforce – mainly by cutting crew. It says it ...
-
News
Fly Aeolus plots expansion on Cirrus success
Fly Aeolus, the largest operator of the Cirrus SR22 in Europe, is preparing to expand its fractional ownership programme within its core regions of Belgium, France, Germany and the Netherlands to exploit the growing business demand for the high-performance piston-single.
-
News
Korean Air grounds A380 fleet until 25 April
Korean Air has grounded its entire fleet of 10 Airbus A380s amid the traffic slump caused by the coronavirus outbreak. The 10 A380s will be grounded until 25 April, says the airline. Out of the airlines’ 145 aircraft, 100 grounded. South Korea has emerged as a major ...
-
News
Southwest uncertain over growth once 737 Max deliveries resume
Almost one year after the Boeing 737 Max was grounded, Southwest Airlines chief Gary Kelly has alluded to a fringe financial benefit from the Max situation as the budget carrier braces for the impact of the coronavirus outbreak. Kelly says the severity of the decline has been “breathtaking”, with the ...
-
News
Indonesia AirAsia parent issues first-quarter profit warning
The parent company of Indonesia AirAsia (IAA) has issued a profit warning for the current quarter, attributing it to new lease accounting standards and projected declines in ticket sales due to the coronavirus outbreak. In an Indonesia Stock Exchange disclosure, AirAsia Indonesia discloses that implementing the new standard will result ...
-
Analysis
How Airbus has optimised its Beluga operation
Before Airbus introduced the A300-600 Super Transport, or BelugaST, in 1995, there was an industry aphorism that presumably resonated in Seattle: every Airbus had its first flight on a Boeing wing.
-
News
Coronavirus to keep M90 FTV10 first flight a quiet affair
Mitsubishi Aircraft is planning for a low-key first flight of the SpaceJet M90 Flight Test Vehicle 10 (FTV10), owing to government policy to prevent the spread of coronavirus. The company adds that the aircraft is “in final preparations for its first flight, which we will announce in the coming weeks.” ...
-
News
Malindo Air transferring 15 Boeing 737s to Batik Air
Malindo Air will begin transferring 15 Boeing 737s to its Lion Air Group sister carrier Batik Air this month, as part of measures taken to overcome challenges from the coronavirus outbreak. In a 6 March internal memo to employees seen by Cirium, Malindo’s chief executive Mushafiz Bakri says that in ...
-
News
Cathay flags ‘substantial loss’ for first half of 2020
The ongoing coronavirus outbreak is taking its toll on the Cathay Pacific group’s financial performance, with the group warning that it expects to incur a “substantial loss” for the first-half of this year. Cathay adds in its full-year financial results that the outbreak, which first originated in China late 2019, ...
-
News
‘Turbulent’ 2019 squeezes Cathay profit
The Cathay Pacific Group saw operating profit for 2019 shrink, following a worse-than-expected second-half result that was affected by political turmoil in Hong Kong. For the year ended 31 December 2019, the group reported an operating profit of HK$3.4 billion ($437 million), a 4.3% decrease compared to 2018. ...
-
News
China announces measures to give aviation industry fillip
China has rolled out a raft of measures – from financial support to infrastructure investments – for the country’s aviation industry, which has been hit by the coronavirus outbreak. In total, the Civil Aviation Administration of China (CAAC) announced 16 measures, all of which are aimed at “promoting the stable ...
-
News
Virgin’s Richard Branson urges faith in airlines
Virgin Group founder Richard Branson says that the airline industry has endured past crises but could “come to a grinding halt fairly quickly” amid coronavirus outbreak risks. The founder of numerous companies including air launch to orbit service Virgin Orbit and Virgin Atlantic Airways accepted an award from the Royal ...
-
News
Malaysia Airlines cutting capacity 7% in first quarter
Malaysia Airlines is scaling down first-quarter capacity 7.1% amid the coronavirus outbreak, as it halves Chinese operations and makes a double-digit cut to North Asian services. Addressing employees in a video seen by Cirium, Izham Ismail – chief executive of the airline’s parent Malaysia Aviation Group – describes the 7.1% ...
-
News
American suspends numerous flights to Europe and Latin America
American Airlines has extended the suspension and cancellation of numerous international flights, including to regions that have not yet been severely impacted by the coronavirus, such as Latin America.
-
News
Carriers not necessarily exempt from coronavirus payouts: UK CAA
UK regulators are warning that European airlines might not be completely exempt from passenger compensation payments relating to the coronavirus outbreak, although much of the disruption is likely to fall under ‘extraordinary circumstance’ immunity. The Civil Aviation Authority has outlined its interpretation of European Union compensation rules in light of ...