All news – Page 374
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IAG reports ‘better than expected’ third-quarter trading
British Airways and Iberia owner IAG says trading during the third quarter was better than expected, driven by revenue strength on the passenger side of the business.
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ATR gains approval for PW127XT-M upgrade
European regulators have certificated ATR 42- and 72-600 twin-turboprops powered by Pratt & Whitney Canada’s new PW127XT-M engines.
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Singapore Airlines and Tata in talks over merging Vistara with Air India
Singapore Airlines is in talks with Tata Group over the possible merger of Vistara into Air India.
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Delta tops record revenues in strong third quarter
Delta Air Lines reports being ahead of plan on profits for the year after posting record revenues of just under $14 billion for the third quarter.
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Challenger pilots disagreed over ‘go-around’ call after ground-proximity warning
Pilots of a Bombardier Challenger 601 disagreed over their recollections of a go-around call after a ground-proximity warning sounded during an unstable approach to Oxford airport.
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SmartLynx ties up with US lessor Aero Capital on A321 freighter conversions
Latvian wet-lease specialist SmartLynx is establishing an Airbus A321 converted freighter partnership with US lessor Aero Capital Solutions.
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Airbus chief Faury ‘relaxed’ over course of single-aisle ramp-up
Airbus chief executive Guillaume Faury remains confident about the A320neo-family ramp-up, having shifted the trajectory for achieving a monthly production rate of 65 aircraft.
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EasyJet expects full-year EBIT break-even after strong summer quarter
UK budget carrier EasyJet is expecting to break even at EBIT level for the full year, following a strong fourth quarter which encompassed the summer season. Its holidays division achieved a pre-tax profit of more than £35 million. EasyJet is forecasting an overall group pre-tax loss of £170-190 million ($188-211 ...
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Kaohsiung airport expansion to start in 2023 as Taiwan reopens to travellers
Kaohsiung airport is set to expand its capacity with the construction of a new passenger terminal, as part of plans to turn the airport into a gateway hub for southern Taiwan.
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Qantas Group expects big swing to profitability
Qantas Group expects a major swing to profitability in the first half of its 2023 financial year, as it rides a strong domestic and international traffic recovery.
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Congress signals support for continued advanced-propulsion research funding
US lawmakers sent a letter to the Pentagon urging defence leaders to continue funding research into adaptive-propulsion jet engines, which are expected to power future military aircraft.
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Republic Airways pilots secure major pay raise
Amid a broad surge in regional pilot pay, Republic Airways pilots represented by the Teamsters Local 357 union will receive a big rate increase.
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Oneworld alliance moves headquarters to Fort Worth from New York City
The Oneworld airline alliance plans to move its global headquarters to Fort Worth, Texas from New York City in December 2022.
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Flexjet plans to become public company in 2023
US fractional business aircraft ownership company Flexjet has jumped on the go-public bandwagon, revealing plans to sell public shares by merging with a so-called special purpose acquisition company (SPAC).
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Surf Air strikes $450m financing deal with Jetstream Aviation Capital
US aviation company Surf Air Mobility has secured $450 million in financing over six years from Jetstream Aviation Capital to fund the planned growth of its fleet of turboprop aircraft.
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Ethiopian completes initial 767-300ER freighter conversion
Ethiopian Airlines is completed the freighter conversion of an initial Boeing 767-300ER in co-operation with Israel Aerospace Industries. The work was performed within the carrier’s maintenance facilities at its Addis Ababa base. Ethiopian says it began introducing the 767s in 2004 and the twinjets are being replaced by more modern ...
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US Air Force to test blended-wing logistics aircraft by 2027
The airframe concept proposed in the service’s recent climate action plan would serve as a refueller and cargo transport.
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Air Arabia venture Fly Jinnah set for first flights after securing licences
Air Arabia’s joint-venture Pakistani carrier Fly Jinnah is set to commence flights from Karachi having secured its air operator’s certificate and licence. Fly Jinnah will become the fifth private airline in the Asian state. It says it has passed “rigorous” inspections from the Pakistani civil aviation authority, and been granted ...
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Cargolux firms order for 10 777-8 Freighters
Luxembourg freighter specialist Cargolux Airlines has ordered 10 Boeing 777-8 Freighters, finalising an agreement disclosed by the companies at July’s Farnborough air show.
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UK takes its penultimate A400M, as Airbus demonstrates tactical progress
The UK Royal Air Force has received the penultimate example of its on-order A400M tactical transports, with Airbus Defence & Space having transferred its 21st Atlas on 11 October.