All news – Page 360
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NewsConfirmation bias over incorrect altitude put executive jet at risk of terrain collision
French investigators have emphasised the risk of confirmation bias following an incident in which a Cessna 525 executive jet suffered a simultaneous failure of an air-data system and the left-side primary flight display. Immediately after take-off from Paris Le Bourget on 14 August 2020 the left-hand primary display blanked, prompting ...
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NewsTurkish Airlines reports Q3 net profit of $1.5bn as passenger revenue surges
Turkish Airlines has reported a net profit of $1.5 billion for the third quarter of 2022, as capacity, traffic and yields – as well as costs – surged beyond pre-Covid levels.
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NewsEmbattled Flyr optimistic of positive earnings from mid-2023
Norwegian carrier Flyr is optimistic that its revised business plan will be sufficient to nurse the airline through the winter season, and that earnings margins will start to turn positive from June next year. Despite a strong summer market, Flyr turned in a third-quarter operating loss of NKr231 million ($22 ...
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NewsCollins, Indonesian Aerospace in avionics upgrade pact for C-130Hs
Collins Aerospace and Indonesian Aerospace have entered an agreement to modernise Jakarta’s Lockheed Martin C-130H tactical transports.
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NewsFlyr seeks NKr530m through share issues to relieve ‘very strained’ finances
Norwegian budget carrier Flyr is looking to reinforce its financial position with share placements which would potentially raise NKr530 million ($50 million). This scheme comprises a private placement for NKr430 million and a possible subsequent placement, for those unable to participate in the private issue, aimed at raising another NKr ...
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NewsJakarta resumes payments for KF-21 participation
Indonesian has resumed payments related to its share of developments costs for the Korea Aerospace Industries (KAI) KF-21 Boramae fighter.
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NewsPositive about prospects, Qantas acknowledges industry ‘far from post-Covid’
Australia’s Qantas has acknowledged that the airline sector is “far from post-Covid”, even as its leaders remain optimistic about near-term recovery prospects.
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NewsIsrael’s El Al repays $45m state loan
Israeli flag-carrier El Al has repaid a state loan of $45 million advanced to the carrier as part of a financial support package. The airline, which had indicated in September that it would be repaying the loan two years ahead of schedule, says the transaction was completed on 2 November. ...
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NewsZhuhai static display offers insights into H-6K bomber, Y-20U tanker
The static display of this year’s Airshow China has offered new insights into key Chinese platforms such as the Xian H-6K bomber and the Y-20U tanker.
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NewsKorean Air begins ‘intensive’ inspections of A330s following spate of safety incidents
Korean Air has started “intensive” inspections on its fleet of Airbus A330s, taking them out of service in phases, following two incidents involving the type within the span of a week.
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NewsGaruda swings to nine-month profit on revenue gains
Garuda Indonesia rebounded to the black in its nine-month earnings, helped by a 60% increase in revenue as international borders reopened.
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NewsAir New Zealand firms up programme for zero emissions aircraft
Air New Zealand has announced a programme to for a zero emissions aircraft, building on the carrier’s Product Requirements Document (PRD).
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NewsLATAM Airlines Group completes restructuring and exits Chapter 11
LATAM Airlines Group has completed its restructuring and has exited bankruptcy proceedings.
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NewsFrontier Airlines eyes expansion in Dallas
Frontier Airlines plans to open a new crew base at Dallas-Fort Worth International airport in mid-2023 that would employ up to 120 pilots and 220 flight attendants.
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NewsPilotless Black Hawk flies medevac, resupply missions in DARPA experiment
The Pentagon’s secretive weapons development office, working with helicopter maker Sikorsky, successfully modified a UH-60 Black Hawk to fly without pilot input.
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NewsBoeing scraps plan for services revenue to hit $50 billion this decade
Boeing has ditched a goal for its aircraft service division to grow its revenue to $50 billion annually in the coming years, saying doing so would lead to “indiscriminate” investment.
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NewsBoeing’s next new aircraft is years away but 787 updates are imminent: executives
Boeing’s product development timeline became clearer on 2 November when the company said it will soon reveal a higher-gross-weight 787, while indicating it will not launch a clean-sheet aircraft.
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NewsAtlas Air posts $60.1 million Q3 profit with acquisition looming
Third-quarter profits were down year-on-year for Atlas Air Worldwide Holdings, the parent of cargo and passenger carrier Atlas Air, as the airline grappled with “operational disruptions”.
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NewsLabour and supply chain costs push Spirit AeroSystems to $128m Q3 loss
Aerostructures manufacturer Spirit AeroSystems sunk further into the red during the third quarter, as costs from its Airbus A350 and Boeing 787 programmes pushed the company to a $128 million loss.
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NewsGreater consideration of risks might have averted BA 787 nose-gear collapse
UK investigators believe a British Airways Boeing 787-8 nose-gear retraction accident at London Heathrow might have been prevented if health and safety risks in an airworthiness directive had been given greater attention by the operator. The accident occurred when a nose-gear locking pin was inserted in the wrong location on ...