All news – Page 356
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NewsAzul’s Q3 revenue up 61% on leisure-travel demand
Demand for leisure travel and a shift in working behaviour pushed Brazilian airline Azul’s third-quarter revenue to a new record, yet the company still lost R1.65 billion ($308 million) in the period.
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NewsAegean Q3 profit and revenue top 2019 levels
Greek carrier Aegean Airlines posted revenue and profits above pre-crisis levels during a strong third quarter in which capacity was almost fully restored.
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NewsAir Arabia reports Q3 revenue ahead of 2019 level as Fly Jinnah begins operations
Air Arabia Group’s third-quarter revenue of Dhs1.61 billion ($436 million) was 12% up on the same period of 2019, as the low-cost group benefited from the recovery in air travel demand. It outlined its July-September earnings on 9 November, days after its latest joint-venture operation, Pakistani carrier Fly Jinnah, commenced ...
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NewsStruggling Flyr aims to raise NKr700m through revised financing plan
Norwegian carrier Flyr is hoping to raise NKr700 million ($68 million) through a newly launched capital raise after a previous planned private placement was under-subscribed
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News2Excel outlines fleet move plan after Doncaster-Sheffield closure
Aerospace services provider 2Excel Aviation is to transfer its fleet to two sites in northeast England following the closure of Doncaster-Sheffield airport, the firm’s current base of operations.
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NewsAzerbaijan’s Silk Way West signs for two Boeing 777-8 Freighters
Azerbaijani cargo carrier Silk Way West Airlines has placed an order for two Boeing 777-8 Freighters and taken options on two more of the type.
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NewsArcher and United plan 2025 launch of air taxi service in New York
Archer Aviation and United Airlines intend to launch their first airport-to-downtown urban air mobility (UAM) route in the New York City metropolitan area from 2025.
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NewsMalaysia Airlines eyes 25 more narrowbodies; does not rule out 737 Max, regional jets
Malaysia Airlines is to kick off airframer discussions for a potential order for 25 more narrowbody aircraft, as the airline awaits delivery of its first Boeing 737 Max in about half a year.
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NewsEmbraer hails Chinese approval for E190-E2, with larger E195-E2 to follow
Chinese regulators have certificated the Embraer 190-E2, with the approval process for the larger E195-E2 also under way.
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News‘China hasn’t come to the party’: Asia-Pacific recovery stymied despite good prospects
The continued closure of Mainland China has depressed the recovery of traffic demand in the Asia-Pacific – even as borders fully reopen in other parts of the region – with airlines cautiously optimistic about their near-term prospects.
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NewsAverage passenger weight unchanged despite obesity trend: EASA
Contrary to expectations, the average weight of passengers has not changed significantly since a previous study conducted nearly 15 years ago. Lufthansa Consulting reached the finding after conducting an extensive survey at six airports on behalf of the European Union Aviation Safety Agency. Standard passenger weights are used for aircraft ...
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NewsNew Evolito chief helps motor maker lead the charge towards electrification
Electric motor developer Evolito has welcomed back one of the individuals responsible for spearhading its development as an aviation business inside automotive supplier Yasa Motors.
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NewsSkymark set to commit to a dozen Boeing 737 Max jets
Japanese carrier Skymark Airlines has outlined plans to bring in a dozen Boeing 737 Max jets, including four ordered directly from the manufacturer.
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NewsEmirates expects return to full-year profit after strong first half
Emirates Group had returned 73 Airbus A380s to service, along with its entire Boeing 777 fleet, by the end of the first half – a period in which it generated a net profit of Dhs4.2 billion ($1.1 billion). The financial performance contrasts with the Dhs5.7 billion net loss from the ...
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NewsAsia-Pacific airlines back in growth mode: Airbus
Following the travails of the coronavirus pandemic, Asia-Pacific airlines are once again focused on growth, according to Airbus’s Asia-Pacific chief.
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NewsMENA Aerospace partners on new MRO and air freight ventures
The region’s flurry of airline start-ups and burgeoning single-aisle fleet has spurred MENA Aerospace to launch Bahrain’s first maintenance, repair and overhaul business in partnership with US specialist Aviance Global.
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NewsBoeing and lessors back study into potential Irish sustainable fuel facility
Boeing is linking with Irish lessors Avolon and Orix Aviation, to support energy specialists’ examination of potential sustainable fuel production in Ireland. The feasibility collaboration is being led by Dutch-based future fuel firm SkyNRG and local sustainability partner SFS Ireland. They aim to identify opportunities for a commercial-scale sustainable fuel ...
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NewsBahraini AH-1Z makes show debut, as deliveries gather pace
One of Bahrain’s newly delivered Bell AH-1Z attack helicopters broke cover on the opening day of the Bahrain International Airshow, with the “Zulu” appearing in the static display.
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NewsCebu Pacific narrows quarterly loss as revenue jumps five-fold
Cebu Pacific trimmed its operating loss for the third quarter on the back of a significant increase in passenger travel revenue, despite it being a “lean season”.
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NewsAero engines boost returns IHI aerospace unit to profitability
The Aero Engine, Space and Defence business of Japan’s IHI swung to a half-year operating profit, helped by a boost in revenue from its aircraft engines segment.