All news – Page 369
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NewsBullish Garuda targets restructuring completion by year-end
Garuda Indonesia expects to wrap up restructuring by the end of the year, amid an improvement in its operating outlook.
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NewsUS transportation chief squarely blames airlines for last summer’s operational meltdown
US transportation secretary Pete Buttigieg is insisting that airlines, not the Federal Aviation Administration, are primarily responsible for last summer’s US air travel meltdown, saying airlines scheduled more flights than they could staff.
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NewsLockheed Martin predicts F-35 production slowdown in 2023
Executives expect Lockheed will produce fewer of the advanced multi-role fighter next year, citing uncertainty over US orders and competing budget priorities.
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NewsLessor Nordic firms order with Embraer for E-Jet cargo conversions
Embraer has firmed an agreement to convert up to 10 passenger E190s and E195s into cargo jets for Irish aircraft lessor Nordic Aviation Capital (NAC).
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NewsAlaska Airlines posts Q3 profit despite higher fuel prices, new labour deals
Alaska Air Group turned a narrow profit in the third quarter, reporting income of $40 million for the three months ending 30 September.
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NewsITA board hands president’s powers to chief executive Lazzerini
ITA Airways directors have stripped executive president Alfredo Altavilla of his powers and handed them to chief executive Fabio Maria Lazzerini.
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NewsAir Transat and WestJet link networks with regional Canadian airlines
Canadian passenger carriers Air Transat and WestJet have expanded their respective networks through codeshare agreements with smaller regional airlines.
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NewsTransatlantic recovery lifts Icelandair third-quarter performance
Icelandair Group generated third-quarter operating profit of $92.7 million, after a strong period in which it took revenues of more than $487 million – including record passenger revenues of $408 million. Net profit stood at $57.8 million. The company reached 82% of pre-crisis capacity. “We had robust results on the ...
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NewsRolls-Royce progresses Pearl 10X as it closes on next test milestone
Rolls-Royce is gearing up for the first run of a complete Pearl 10X engine as it pushes ahead with development of the powerplant that will equip Dassault’s Falcon 10X.
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NewsLockheed Martin F-35 crashes at Utah air base, pilot ejected
An investigation is under way into the crash at Hill AFB, which is home of the US Air Force’s F-35 flight-demonstration team and a combat fighter wing.
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NewsWizz Air UK drawing up preliminary network plans for A321XLR
Wizz Air UK has commenced preliminary work assessing possible routes for the long-range Airbus A321XLR, as part of the carrier’s fleet-expansion strategy. Speaking during a briefing in London on 20 October, managing director Marion Geoffroy said the UK would be a “good market” for the A321XLR. “We’ve actually started design ...
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NewsAmerican earns nearly $500m in third-quarter profit
American Airlines turned a $483 million profit in the third quarter of 2022, more than double its profit in the same period last year and also up from the comparable 2019 pre-pandemic period.
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NewsTUIfly Belgium to modernise regional fleet with E195-E2s
Leisure company TUI Group is to introduce Embraer 195-E2 twinjets to its Belgian operation, under a lease agreement with AerCap. TUIfly Belgium – which already operates the earlier-generation E190 – will receive the re-engined aircraft in the first half of next year. They will be configured in a single-class layout ...
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NewsLack of clarity on aviation’s non-CO2 effects ‘creates risk’ in net-zero push
Commercial aviation must monitor the science relating to the impact of non-CO2 factors on climate change, according to speakers at the Aviation Carbon 2022 conference in London on 17 October.
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NewsResurgent Air India sees domestic market share rise as low-cost rivals languish
Air India recaptured domestic market share in September, at the expense of its low-cost competitors who have seen a drop in passenger numbers.
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NewsJetBlue-Spirit deal approved by Spirit shareholders
Shareholders of Spirit Airlines approved on 19 October JetBlue Airways’ $3.8 billion bid to purchase the low-cost carrier, potentially signalling a dramatic shift in the North American discount airline market.
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NewsFirst production AW609 takes flight
Leonardo Helicopters has flown the first production AW609 tiltrotor as the programme moves closer to certification.
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NewsEvia Aero adds Eviation Alice to orderbook
German green airline start-up Evia Aero has signed a tentative agreement for 25 Eviation Alice all-electric aircraft.
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NewsCanadian start-up Lynx Air charts course with new chief operating officer
Canadian start-up airline Lynx Air named Jim Sullivan as its new chief operating officer on 18 October as the company seeks to carve out a place among North American discount carriers.
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NewsMagnix plans to add fuel cells to powertrain offering
Electric motor manufacturer Magnix has disclosed an interest in offering hydrogen fuel cells, in addition to battery or hybrid-electric solutions, as it broadens its range of complete powertrain options.