All news – Page 316
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Air India teases ‘historic’ aircraft order as airline marks first year under Tata ownership
Air India is expected to make an imminent aircraft order announcement, as new owners Tata Sons today marked a year since they took control of the carrier.
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KLM to take A350 freighters while Air France reinforces A350-900 fleet
Air France-KLM Group has agreed to order four Airbus A350 freighters which its Martinair division will operate for KLM Cargo. The group will also order another three A350-900s for the Air France fleet.
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Indonesia AirAsia ‘planning’ for A330 operations amid fleet ramp-up
AirAsia Aviation Group is planning to operate Airbus A330s from Indonesia for medium- to long-haul operations, as it reiterates its commitment to growing its presence in the country.
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Singapore to assist in Yeti Airlines ATR 72 crash probe
Singapore will be assisting Nepalese investigators in the probe into the crash of a Yeti Airlines ATR 72, by helping to retrieve and readout data from the flight recorders of the turboprop.
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Cebu Pacific eyes profitable first quarter
Cebu Pacific is hoping to rebound to profitability in the quarter to 31 March, though it remains wary of potential challenges including fuel costs.
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Start-up Electra Aero secures USAF funding for eSTOL development
US start-up Electra Aero has secured $30 million in funding through a US Air Force (USAF) programme to further develop an all-electric short take-off and landing (eSTOL) aircraft.
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Southwest end-year meltdown costs $800 million, leads to Q4 loss
Southwest Airlines lost $220 million during the fourth quarter of 2022 after it was battered by a system-wide meltdown during the busiest travel days of the end-of-year holiday season.
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Gulfstream targets 20% bump in 2023 aircraft deliveries
Business jet maker Gulfstream aims to hike its aircraft deliveries by a fifth in 2023 after missing its delivery target last year amid regulatory and supply chain issues.
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Alaska posts $58m full-year profit on record revenues
Alaska Air Group posted record full-year operating revenues of $9.65 billion in 2022 and a net profit of $58 million for the year.
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Pilot shortages holding back American’s expansion
Pilot availability is still limiting the size of American Airlines’ operation, through the carrier says it has ramped pilot training to accommodate its planned 2023 fleet expansion.
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Airbus continues recruitment ramp-up to feed new technological activities
Airbus is embarking on a recruitment drive to hire another 13,000 personnel this year, matching its effort last year.
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JetBlue posts $24m profit in Q4 as travel spending outruns costs
JetBlue Airways posted a $24 million profit in the final quarter of the year as end-of-year travel spending rose to compensate for higher costs, especially for jet fuel.
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Alaska follows Airbus A320 retirements with Dash 8 withdrawal
Alaska Airlines unit Horizon Air today operates the last of its De Havilland Canada Dash 8-400s flights after Alaska earlier this month retired the last of its Airbus A320 fleet as part of its accelerated fleet transition announced last year.
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Wizz Air summer expansion based on ‘safe’ network growth: Varadi
While Wizz Air plans to increase its capacity 30% this summer, the airline’s chief executive Jozsef Varadi believe this represents a safe way of growing, given expansion is weighted on adding frequencies and has a focus on maturing markets.
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JAL invests in sea-glider start-up Regent Craft
Japan Airlines Innovation Fund, the venture arm of the Japanese carrier, has invested in start-up sea glider developer Regent Craft.
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American turns $127m profit in 2022 as soaring expenses eat into record revenues
American Airlines made a $127 million profit in 2022 as surging expenses offset what was a record year of revenue for the Fort Worth-based carrier.
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Leonardo Helicopters ditches HTS900 engine from AW09 in favour of Safran Arriel 2K
Leonardo Helicopters has dropped the Honeywell HTS900 powerplant from the Kopter AW09 light-single, replacing it with the Safran Helicopter Engines Arriel 2K.
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Wizz sees strong summer ahead as currency gains boost third quarter
European budget carrier Wizz Air is confident of returning to profit and pre-Covid utilisation in the next financial year after more than doubling its revenues in its latest financial quarter.
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Italian industry cements its role in GCAP fighter effort
Italy’s leading defence companies have signed a contract to advance the nation’s role in the UK-led Global Combat Air Programme (GCAP), which seeks to deliver a new manned Tempest fighter and complementary systems for operational use from 2035.
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Police UAV operator ‘saturated’ before collision with landing Cessna
Canadian investigators believe the police operator of an unmanned aerial vehicle became task-saturated, and unaware of a collision risk, before the craft was struck by a Cessna 172N flown by a student on a training flight. York Regional Police was operating the drone in the vicinity of Toronto-Buttonville municipal airport ...