All news – Page 275
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Marshall Aerospace trials C-130J with modular Osprey radar fit
Marshall Aerospace has unveiled a modular intelligence, surveillance and reconnaissance modification for the Lockheed Martin C-130J.
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Commercial chief to become new Lufthansa Cargo boss
Lufthansa Cargo’s chief commercial officer will be promoted to chief executive following the departure of Dorothea von Boxberg to Brussels Airlines.
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Finland to join NATO alliance ‘in the coming days’, following key Turkish approval
NATO is poised to formally add Finland to its ranks imminently, after the nation’s membership request secured final approval from a current alliance member.
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Rolls-Royce overhauls executive team as transformation ramps up
Rolls-Royce has announced several changes to its executive team following the launch in February of a business transformation effort by new chief executive Tufan Erginbilgic.
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British Airways CFO leaving to take role at soft drinks firm
British Airways chief financial officer Rebecca Napier is to take up the same role at Britvic, the soft drinks company.
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PAL enjoys profitable 2022 on back of post-pandemic boom
Philippine Airlines (PAL) swung to an operating profit of $298 million in 2022, the first positive operating figure since 2019.
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Russia claims stealth material breakthrough
Russia’s Roselectronics claims to have made a breakthrough in low observable materials, with a composite capable of absorbing a wide range of radar frequencies.
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China’s ‘Big Three’ post record full-year losses amid ‘unprecedented difficulties’
China’s three largest airlines plunged to record losses in 2022, a year that was marked by “unprecedented difficulties” as the country’s ‘zero Covid’ policy came to head with a spike in infections.
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Bullish Bonza opens new Melbourne base, eyes network expansion
Australian low-cost start-up Bonza has opened a second operations base in Melbourne - two months after it commenced operations - as it rolls out 11 new routes from the city.
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Virgin Orbit laying off 85% of workforce, plans to cease operations
Cash-strapped Virgin Orbit is laying off 85% of its workforce – about 675 employees – after struggling to operate in recent weeks and ultimately failing to “secure meaningful funding”.
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Alaska Air Cargo to convert two 737-800s into freighters
Alaska Air Cargo plans to boost its fleet supporting the state of Alaska in 2023 by converting two Boeing 737-800s into freighters, with the first jet expected to start hauling cargo this summer.
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USAF to drop Lockheed hypersonic weapon programme after failed test
The Air-launched Rapid Response Weapon had a mixed record, with numerous technical challenges early in development and a recent failed test.
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New US charter carrier Red Way plans to launch operations in June
A new discount charter carrier called Red Way plans to launch in June from Lincoln, Nebraska with nonstop flights to seven US cities.
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Colombia’s Ultra Air shuts down
Colombian discount carrier Ultra Air suspended all flights on 29 March, a move following news that the carrier was short of cash.
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US aerospace leaders disagree on best path to ’net-zero’ carbon emissions
Executives at some aerospace companies clashed on 29 March about which technologies can best help wean the sector off its reliance on fossil fuels.
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Aegean and CAE to launch Greece’s ‘most advanced’ pilot training centre
Greece’s Aegean Airlines plans to establish the country’s first advanced flight training centre through a partnership with Canada’s CAE, a top provider of flight simulators for pilot training.
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Nine dead in double Black Hawk crash
Two US Army Sikorsky UH-60 Black Hawk helicopters crashed in Kentucky during a night training exercise, killing nine soldiers.
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ITA Airways board backs business plan
ITA Airways appears to have taken a further step towards securing a deal with would-be investor Lufthansa after the Italian carrier’s board approved a business plan “shared” with the German airline group.
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SMFL stake purchase to accelerate LCI growth, says lessor’s chief executive
Lessor LCI can “accelerate” its growth path on an “exponential scale” following the acquisition of a substantial stake in the business by a Japanese finance house, its chief executive claims.
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China Eastern, China Southern to resume 737 Max deliveries
Two of China’s three largest airlines are set to restart deliveries of Boeing 737 Max aircraft this year, a move that provides some clarity about the fate of the type in one of Boeing’s key markets.