All news – Page 276
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NewsChatGPT already offering ‘immediate-term business benefits’ for airlines
The leaders of Air Baltic and Finnair have joined other industry chief executives in talking up ChatGPT’s potential to positively impact their businesses across a range of functions.
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NewsFailed Flybe was ‘losing millions per month’, say administrators, as total deficiency tops £82m
Birmingham-headquartered Flybe was losing an average of up to £5 million ($6.1 million) during each month of its brief existence, the administrators of the collapsed UK regional carrier have disclosed.
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NewsEuropean SAF development ‘put back a decade’ by US IRA measures
Aviation stakeholders have urged the European Commission to consider improving its sustainable aviation fuel (SAF) incentives in light of the measures included US Inflation Reduction Act, which one airline chief executive described as a global “game-changer”.
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NewsScoot chief: ‘Business case’ for regional jets as network grows
Scoot chief executive Leslie Thng says the carrier has a good business case for regional aircraft, which will help it expand in the region.
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NewsRyanair's O'Leary rounds on regulators for failing to act on ATC strikes
Ryanair chief executive Michael O’Leary fears improved service reliability this summer from higher staffing levels across the airport ecosystem could be offset by the impact of air traffic control strikes and continued airspace restrictions because of the war in Ukraine.
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NewsBahrain targets purchase of 24 ex-US Marine Corps AH-1W attack helicopters
Bahrain has requested the purchase of 24 surplus Bell AH-1W Super Cobra attack helicopters from the USA, via a Foreign Military Sales deal worth an estimated $350 million.
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InterviewATR chief admits 2022 orders and deliveries below expectations
New head Nathalie Tarnaud Laude insists Franco-Italian manufacturer is set to return to annual output of 80-plus aircraft by the second half of the decade.
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NewsHeart taps BAE Systems for ES-30 battery work
Sweden’s Heart Aerospace is to work with BAE Systems to define the battery system required for its ES-30 hybrid-electric aircraft.
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NewsCathay, ANA, Qantas move to shore up future SAF supply
Cathay Pacific, All Nippon Airways (ANA), and the Qantas Group have announced initiatives aimed at shoring up their future supply of Sustainable Aviation Fuel (SAF).
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NewsSouth Korea clears acquisition of CH-47Fs
South Korea has approved the acquisition of Boeing CH-47F Chinook transport helicopters to replace its ageing fleet of CH-47Ds.
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NewsVertical seeks Japanese certification for VX4 eVTOL
Vertical Aerospace is seeking Japanese type certification for its VX4 electric vertical take-off and landing (eVTOL) aircraft.
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NewsHigh airfares ‘pose threat’ to aviation sector recovery: ACI
Trade body Airports Council International (ACI) warns that high airfares in the Asia-Pacific and Middle East affect the recovery prospets of both airlins and airports, noting that most airports are still in the red.
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NewsSumitomo Mitsui Finance to take 35% stake in helicopter lessor LCI
Japan’s Sumitomo Mitsui Finance and Leasing Co (SMFL) is to take a 35% stake in helicopter lessor LCI.
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NewsUSAF adds 54 AESA radars to F-16 modernisation order
The $128 million contract adds to a similar order last November aimed at modernising the US Air Force’s fleet of multirole Lockheed Martin F-16 fighters.
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NewsPacific Air Charters orders two Tecnam P2012s, takes 23 options
Italian aircraft manufacturer Tecnam has secured orders for two of its P2012 Traveller commuter aircraft from Hawaii’s Pacific Air Charters.
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NewsUnited Airlines invests $15m in carbon-capture company Svante
United Airlines is investing $15 million in carbon-capture technology firm Svante, which is researching how to convert carbon dioxide removed from the atmosphere into sustainable aviation fuel (SAF).
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NewsAAR picks up American 757s for spares
AAR Supply Chain is to acquire nine Boeing 757-200 passenger jets and their 18 Rolls-Royce RB211 engines from American Airlines to provide spare parts for freighter aircraft.
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NewsJet2 the only top five UK carrier to grow in 2022 versus 2019: CAA
Leisure operator Jet2 was the only top five UK-based airline to carry more passengers in 2022 than it did prior to the pandemic in 2019, according to data from the country’s Civil Aviation Authority (CAA). Passenger numbers at the UK’s two biggest airlines, EasyJet and British Airways, were down 36% ...
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NewsLufthansa CEO positive on ITA deal but says price must reflect €486 million loss
Lufthansa Group chief executive Carsten Spohr is confident a deal can be reached on taking an ITA Airways stake before an exclusivity period ends, but says the latter’s valuation must reflect its newly announced full-year loss.
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NewsBRA lends support to ZeroAvia’s Swedish hydrogen push
Swedish carrier Braathens Regional Airlines (BRA) is to supply turboprop aircraft to ZeroAvia for conversion to hydrogen fuel cell power as part of an agreement to develop zero-emission routes in the northeast of the country.