All news – Page 256
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News
Allegiant reports $56m Q1 profit on strong demand, ancillary revenue
Ultra low-cost carrier Allegiant Air’s leisure-oriented business is humming along smoothly and shows no sign of slowing.
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News
Kremlin targeted in apparent UAV strike
The Russian government says a kinetic strike by an unmanned aerial vehicle targeted the country’s seat of power in Moscow in the early hours of 3 May, with authorities attributing the attack to Ukraine.
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News
Hogan and Eurlings join board as Knighthood invests in Odys Aviation
Former Etihad Airways chief executive Jame Hogan is to join the board of advanced air mobility developer Odys Aviation as part of a deal under which advisory firm Knighthood Global is investing in the Californian company
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News
Airbus A350 freighter entry-into-service slips to 2026
Airbus has shifted the entry into service date for the A350 freighter into 2026, but is more broadly maintaining its industrial targets for other programmes. The airframer, which has disclosed first-quarter results, says the industrial planning for the freighter is being “slightly adjusted” as its initial milestones are reached. Chief ...
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News
Spirit loses $281m in Q1 as supply chain and quality problems drive up costs
Spirit AeroSystems expects a recently revealed fuselage problem affecting Boeing 737s will cost it $31 million in 2023, including a $17 million hit in the first quarter.
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News
Estonia to field IAI-built loitering munitions from next year
Israel Aerospace Industries (IAI) is to supply NATO member Estonia with long-range loitering munitions, as the Baltic state moves to strengthen its defensive capabilities.
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News
Third of Swiss A220s grounded as Lufthansa boss lists supply constraints
One-third of Swiss’ Airbus A220 fleet is currently grounded amid supply-side challenges that will be a “major driver” of the industry in the coming years, according to Lufthansa Group chief executive Carsten Spohr.
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News
Air Moldova suspends operations to await court decision on restructuring
Struggling carrier Air Moldova is suspending all operations while it seeks court approval for a restructuring programme intended to avert bankruptcy and put the airline in a sustainable position. The airline says the suspension – which commenced on 2 May – could be lifted within three days, depending on the ...
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News
UK targets $32m purchase of APKWS-II laser-guided rockets
The UK has requested a possible acquisition of Advanced Precision Kill Weapon System-II (APKWS-II) laser-guided rockets from US-based BAE Systems Inc.
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News
Comlux delivers first completed ACJ TwoTwenty
Comlux has handed over the first ACJ TwoTwenty to Dubai-based FIVE Hotels & Resorts following cabin completion at its Indianapolis facility.
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News
Los Angeles becomes latest airport to test Hexwave threat-detection system
Los Angeles airport’s operator is the latest to conduct tests of security technology firm Liberty Defense’s Hexwave artificial-intelligence screening system, which will be used to scan employees. The week-long trial at Los Angeles International will be held within the Tom Bradley terminal. Hexwave uses a combination of 3D imaging, millimetre-wave ...
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News
Rising costs eat into Korean Air Q1 profit
Korean Air posted slimmer profits in the first quarter of this year, as rising fuel and operational costs offset an increase in revenue on the back of travel demand recovery.
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Interview
Airbus research head sees no ‘show-stoppers’ yet in hydrogen push
Few could have accused Airbus of lacking ambition when in September 2020 it unveled conceptual designs for a potential zero-emissions commercial aircraft and a 15-year horizon for its entry into service.
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News
Air India, Vistara enter interline partnership
Air India and Vistara have entered an interline partnership, bringing the two Tata Group carriers closer together pending their merger.
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News
Lufthansa predicts ‘summer travel boom’ after loss-making Q1
Lufthansa Group says it is on track to exceed its pre-Covid financial performance in the second quarter of the year, despite capacity still being significantly down on 2019 levels, amid strong post-Covid demand for travel.
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News
Coulson 737 crew attempted to pull up before ridge impact
A preliminary report into the crash of a Boeing 737-300 firefighting aircraft in Western Australia shows a last moment attempt to pull up before the aircraft impacted a ridgeline.
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News
Garuda Indonesia narrows Q1 loss on revenue uptick
Garuda Indonesia cut its red ink in the first quarter, on the back of significant increase in revenue as travel demand picked up.
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News
USAF now targets early 2030s for fielding stealthy aerial tanker
Speaking during budget hearings in Washington, the top civilian administrator for the US Air Force says he wants to begin production of the still-conceptual Next Generation Air-refuelling System in the early 2030s.
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News
Perlan aims to fly glider to 90,000ft this summer before ending test programme
High-altitude aerospace research nonprofit Perlan Project plans this year to take another shot at flying its Perlan 2 glider to a record 90,000ft, after which it intends to terminate that flight-test programme.
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News
Lilium secures $250 million funding lifeline
Lilium has secured a funding lifeline of up to $250 million which the start-up says should tide it through to a crucial development milestone.