All news – Page 260
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Finnair cautious on post-summer demand as it welcomes small Q1 profit
Finnair highlighted uncertainty about the durability of high passenger demand as it reported its third consecutive quarterly operating profit amid a strategic overhaul of the business.
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USA approves possible $1 billion Norwegian purchase of six Seahawks
US officials have approved the possible sale of six Sikorsky MH-60R Seahawk maritime helicopters and related equipment to Norway.
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ITA A330 departed JFK after crew did not notice taxi collision with 777
US investigators have concluded the crew of an ITA Airways Airbus A330-200 misjudged the available space while taxiing past an Air France Boeing 777-200ER, colliding with the parked aircraft and then proceeding to take off despite both jets’ sustaining damage. The accident occurred in darkness at New York JFK on ...
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MTU chief confident on supply chain improvements
Germany’s MTU Aero Engines predicts that disruption to the aerospace industry supply chain will ease as 2023 progresses but cautions there may be further bumps along the way.
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Airlines are maintaining focus on air cargo: IATA chief
Airlines are maintaining the focus on air cargo that they gained during the Covid-19 pandemic, according to IATA director general Willie Walsh.
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Lessor Avolon committing to 40 more 737 Max jets
Irish-based lessor Avolon is intending to order 40 Boeing 737 Max jets, for delivery over the course of 2027-30. The lessor values the provisional agreement at more than $4 billion at catalogue prices. Avolon was responsible for delivering the first Max to its customer in 2017. It has not specified ...
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AAPA flags ‘lacklustre’ Asia-Pacific cargo traffic as passenger travel rebounds
The Association of Asia Pacific Airlines (AAPA) has warned of a “lacklustre” air cargo market in the region amid a decline in demand that is being juxtaposed by “robust recovery” in passenger traffic.
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Boeing encouraged by China’s signals on 737 but keeps conservative outlook
Boeing is taking a conservative view on the Chinese market but is encouraged by the gradual return to service of 737 Max jets in the country. Speaking during a first-quarter briefing, chief executive Dave Calhoun said all Max operators in China have brought at least part of their fleet back ...
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ANA parent swings to first operating profit in three years
All Nippon Airways parent ANA Holdings swung to an operating profit for its 2022 financial year, benefiting from the lifting of travel restrictions related to the coronavirus pandemic.
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Air China to sell eight A330s to cargo unit in fleet rejig
Air China is to sell eight Airbus A330-200s to its cargo unit Air China Cargo in a deal worth up to $114 million, as part of fleet optimisation efforts and to “improve the economic benefits” of aircraft disposal.
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AirAsia units ramp up international capacity amid ‘sustained demand’
AirAsia Aviation carriers see “sustained demand” in international travel demand amid a significant capacity ramp-up in the first quarter of the year, including resuming flights to Mainland China.
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Strong demand, cheaper fuel prompt Air NZ to up profit guidance
Air New Zealand has increased its profit forecast for the 2023 financial year, citing strong demand for both domestic and international travel.
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Hong Kong Airlines restructuring gets underway; network, fleet ‘realignment’ to come
Hong Kong Airlines (HKA) expects to undertake a network and fleet “realignment” in the near term, as part of business recovery efforts after it secured investment for its restructuring.
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Avianca fires back at Aerocivil for ‘unfeasible conditions’ on Viva acquisition
Colombian airline Avianca has sharply criticized a decision by the country’s civil aviation regulator on it’s planned acquisition of now-defunct Viva Air.
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Spirit loses $104m as first quarter costs outpace surging revenue
US low-cost carrier Spirit Airlines reports a $104 million loss for the first quarter of 2023, compared with a $195 million loss during the same period last year.
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P&W only at halfway point of PW1100G durability upgrade programme
Pratt & Whitney is “only about 50%” through a critical upgrade programme designed to improve the durability of components in its PW1100G geared turbofan (GTF), an executive at the engine maker’s parent company has admitted.
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Collins developing digital brain for autonomous air-launched UAVs
Aviation systems producer Collins Aerospace is testing flight software that will control the US Army’s developmental Air Launched Effects concept, including collaborative teaming between pilots in the air and the uncrewed autonomous vehicles.
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Colombia’s Aerocivil grants final approval of Avianca-Viva merger
Colombia’s Directorate of Air Transport and Aero-Commercial Affairs, also known as Aerocivil, has formally approved the merger of Avianca and Viva Air.
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Boeing confident of overcoming 737 fuselage issue within months
Boeing is confident that it will recover within months from the recent 737 manufacturing process snag affecting aft fuselage sections, having understood the situation and the rework required. Chief executive Dave Calhoun stressed, during a first-quarter briefing, that the company was “working in a very constructive way” with fuselage supplier ...
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Sikorsky stands by X2 coaxial technology following FLRAA loss
After reviewing feedback from the US Army in its failed bid to provide a new long-range troop carrying helicopter, Sikorsky says it remains confident that its radical X2 line of coaxial compound rotorcraft are the right fit for the army’s needs.