All news – Page 142
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SIA Engineering ekes out half-year profit amid looming challenges
SIA Engineering swung to a small half-year profit on the back of stronger MRO demand, but the company warns of impending “headwinds”, including supply chain disruptions and increased competition.
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AirAsia X re-attempts bid to shed financially distressed status
AirAsia X is to appeal against the Malaysian stock exchange’s decision to reject its bid to shed its financially distressed status, reiterating the “significant improvements” in operations in recent months.
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US NTSB to hold pilot mental health forum in December
The US National Transportation Safety Board (NTSB) will hold a roundtable discussion on pilot mental health after several recent incidents have come to light in which pilots apparently suffered mental breakdowns.
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Canada’s Flair Airlines plans to step up flying to USA in 2024
Canadian discount carrier Flair Airlines’ summer schedule for 2024 includes twice as much flying to the USA and new routes to Quebec City and Guadalajara, Mexico.
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Allegiant loses $25m in third quarter amid ‘modest demand decline’
Allegiant Travel Company posted a $25.1 million loss during a third quarter that increasingly appears to have been a slow period for US low-cost carriers.
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Dufour Aerospace targets medevac and cargo missions with tilt-wing Aero3
Hybrid-electric aircraft developer Dufour Aerospace is aiming its proposed vertical take-off and landing vehicle at pre-existing helicopter markets, hoping to leave competitors behind with a fast and efficient cruise stage.
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Bombardier thinks its business-jet-focused restructuring is paying off
Bombardier executives are pointing to their company’s third-quarter financial performance as evidence that a turnaround plan started several years ago is working.
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Allegiant’s first 737 Max delivery pushed to 2024
US-based ultra-low-cost carrier Allegiant Air reports that delivery of its first Boeing 737 Max has been delayed until next year.
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Norwegian cuts weight of on-order Max jets as it ‘pushes hard’ on costs
Scandinavian low-cost carrier Norwegian is working on raft of measures to offset the impact of the high-cost environment, including through the removal of certain “add-ons” from its incoming Boeing 737 Max jets.
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Bombardier sticks to 2023 delivery target as other aerospace companies reset expectations
Bombardier still expects to meet its full-year 2023 aircraft delivery target despite supply chain struggles that have prompted other aerospace manufacturers to curtail delivery expectations.
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Lufthansa sees no impact on 2024 capacity despite GTF issue grounding 20 aircraft each day
Lufthansa Group expects to ground 20 aircraft each day during 2024 because of continuing issues with Pratt & Whitney geared-turbofan (GTF) engines, but chief executive Carsten Spohr believes the mitigation measures it has in place mean capacity plans will not be impacted.
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Uzbek start-up Air Samarkand begins building Airbus fleet with initial A330
Uzbekistan-based start-up Air Samarkand is set to open services from the city whose name it bears by the end of this year. The new airline intends to operate Airbus flights from Samarkand to cities in Turkey, Vietnam, China, Malaysia and Indonesia. Samarkand is the second-largest city in Uzbekistan after the ...
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Norwegian cautiously positive on booking trends after strong summer
Scandinavian low-cost carrier Norwegian has reported “encouraging” booking trends through to the end of the year, after it achieved its second-highest-ever operating profit during the third quarter.
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Royal Air Maroc aims for quick decision on ambitious fleet expansion
Royal Air Maroc is expecting to issue a request for proposals relating to a large fleet expansion by the end of this year. Speaking during the Arab Air Carriers Organization conference in Riyadh, the Moroccan flag-carrier’s chief executive, Abdelhamid Addou, said the airline was looking to expand the fleet to ...
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Turkish Airlines lifts Q3 profits by one quarter
Turkish Airlines’ profits climbed by around one quarter for the three months ended 30 September as improving passenger revenues outweighed a drop in cargo turnover during the period.
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Stretched Ilyushin Il-96-400M carries out maiden flight
Russia’s United Aircraft has carried out the maiden flight of its Ilyushin Il-96-400M, a stretched and modernised version of the four-engined airliner. The Il-96-400M – rolled out in the aerospace firm’s corporate livery earlier this year – took off from Voronezh on 1 November for a 26min sortie. United Aircraft ...
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Lufthansa sticks to full-year outlook after Q3 profits climb to €1.5bn
Lufthansa Group is sticking to its full-year profit expectations despite rising fuel costs, after posting a third quarter operating profit of €1.47 billion ($1.55 billion) on continued strong demand.
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Gulf carrier acquisition of Royal Jordanian would ‘make sense’: chief executive
Royal Jordanian chief executive Samer Majali believes the airline is an ideal candidate for acquisition by a larger Gulf-based operator, given its location and capabilities. Speaking to FlightGlobal at the Arab Air Carriers Organization conference in Riyadh, Majali said a strategic investor would obtain an alternative hub – away from ...
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Asiana board okays cargo unit sale to help smooth Korean merger
Asiana Airlines is set to divest its cargo unit, ending an impasse on acquisition plans from compatriot Korean Air, and paving the way for possible European regulatory approval for the impending merger.
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Singapore SAF pilot validates airport infrastructure and credit scheme
A 20-month pilot programme to deploy sustainable aviation fuel at Singapore’s Changi airport has shown the site is “operationally ready” for SAF, but that more work is needed to support its adoption.