All news – Page 131
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South Korean LCCs swing to Q3 profit as international travel demand climbs
South Korean low-cost operators T’way Air, Jin Air and Jeju Air continued a profitable streak in their third-quarter earnings, helped by strong international travel demand.
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Copa posts 61% higher Q3 profit as demand climbs
Copa Holdings, the parent company of Copa Airlines, reported a third-quarter profit on higher demand and stable expenses, as the cost of jet fuel fell by one-fifth.
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Pratt & Whitney lands contract to maintain B-52 and E-3 engines
Engine maker Pratt & Whitney (P&W) has won a Pentagon contract valued up to $870 million for sustainment of TF33 engines, which power Boeing B-52H heavy bombers and Boeing E-3 Sentry airborne early warning jets. The TF33 is the military designation for P&W’s JT3 commercial jet engine. The sustainment contract, ...
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Delta and Air Baltic launch codeshare partnership
Delta Air Lines and Latvia’s Air Baltic have launched a codeshare partnership due to begin this month.
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Alaska Air Cargo takes delivery of freighter-converted 737-800
Alaska Airlines’ cargo arm has added its first Boeing 737-800 as it plans to increase “flexibility and capacity” on routes throughout Alaska and the contiguous USA.
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Safety review team says US airspace at “significant risk” for accidents
A comprehensive report by an independent review committee has found the US national airspace system (NAS) and air traffic control organisation (ATO) full of risks for potential accidents.
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Aurora proposes fan-in-wing aircraft for DARPA Sprint competition
Revealing the second of four designs for DARPA’s Speed and Runway Independent Technologies aircraft development programme, Boeing subsidiary Aurora is opting for a blended-wing-body approach using fan-in-wing rotors for vertical lift.
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NATO to buy six Boeing E-7A Wedgetails for initial AEW&C transformation
NATO plans to acquire six Boeing E-7A Wedgetail aircraft for introduction from early next decade, as part of preparations to draw down its veteran Boeing E-3A airborne warning and control system fleet.
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Collaboration and cannibalisation to extend Emirates A380 fleet life: Clark
Emirates is aiming to keep 116 Airbus A380s in service over the next few years, with the effort supported by a series of maintenance agreements disclosed by the carrier. The carrier is the largest operator of the type, and eventually placed total orders for 123 before Airbus discontinued production. While ...
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Ethiopian commits to additional A350-900s
Ethiopian Airlines has followed-up its order for additional Boeing jets with a commitment to take another 11 Airbus A350-900s. The carrier disclosed the agreement, currently in the form of a memorandum of understanding, during the Dubai air show. It would take Ethiopian’s orders and commitments for the A350 to 33, ...
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Flydubai follows Emirates in establishing Dubai South MRO centre
United Arab Emirates carrier Flydubai is following Emirates’ plans for a substantial maintenance presence near Dubai’s Al Maktoum airport, by unveiling its own agreement for a purpose-built MRO facility in the Dubai South area. Flydubai has reached an agreement with Mohammed bin Rashid Aerospace Hub to develop the $190 million ...
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Angola’s TAAG picks GEnx to power 787 fleet
Angolan flag-carrier TAAG has selected General Electric GEnx engines for its Boeing 787 fleet, in an agreement which will also include a spare powerplant. TAAG disclosed in October that it was ordering four 787s although it did not indicate a delivery schedule. Boeing’s official backlog figures indicate that the TAAG ...
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Emirates discloses extensive Safran supply deal including A350 and 777X seats
Emirates Group has disclosed a series of agreements with Safran’s interiors division covering seats and other fittings on new aircraft types in the Dubai-based carrier’s fleet. The airline values at $1 billion – at catalogue prices – the deal for seats on the Airbus A350-900s and Boeing 777-9s which it ...
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Singapore Airlines, Philippine Airlines enter into codeshare agreement
Singapore Airlines has entered into a codeshare agreement with Philippines Airlines, adding to its growing list of regional partners.
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Widebody delivery timelines likely to slip as order books fill-up: Udvar-Hazy
Steven Udvar-Hazy, executive chairman of aircraft lessor Air Lease, believes delivery timelines are likely to change for some airlines given the long lead times in the market currently for future aircraft deliveries.
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Ethiopian Airlines chief in the market for more aircraft after Boeing order
Ethiopian Airlines chief executive Mesfin Tasew expects to place further aircraft orders as part of its Vision 2035 growth strategy after commiting to up to 67 Boeing aircraft at the Dubai air show.
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Wright Electric and Axter flight test hybrid-electric system on Thrush S2R
Start-up Wright Electric has completed test flights of a hybrid-electric modified crop-dusting aircraft and has squeezed more power out of a separate electric motor it is developing to power regional passenger aircraft.
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Korean Air, Asiana see drop in profit amid rising costs, cargo weakness
South Korea’s two largest carriers reported a decline in their third-quarter profits, as a jump in operating costs outpaced a rise in revenues from increased passenger traffic.
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Qantas reveals special livery on first A220 as delivery draws closer
Qantas has unveiled the livery on its first Airbus A220-300, as it prepares for the imminent arrival of the aircraft by the end of this year.
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Surf Air Mobility struggles with Q3 aircraft availability ahead of 2024 deliveries
US start-up Surf Air Mobility reported during its first-ever earnings call a third-quarter loss of $74.6 million amid supply-chain constraints and limited aircraft availability.