All news – Page 407
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Analysis
Retrofit momentum continues as older aircraft re-energised with new power
Deals disclosed at recent Farnborough air show underline continued interest in transplanting new powertrains into existing airframes as a fast and affordable way to cut emissions and reduce maintenance costs.
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TUI blames UK flight-disruption costs for third-quarter losses
Leisure company TUI would have generated positive third-quarter earnings but for the operational disruption to its flights, mainly at UK airports, during the period. TUI puts the cost of flight disruption at €75 million ($76 million) but states that the resulting EBIT loss of €27 million for the three months ...
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News
Avianca seeks urgent integration of financially-pressured Viva
Colombian operator Avianca is seeking to accelerate closer ties with Latin American low-cost carrier Viva, in order to protect the budget airline. Avianca has requested authorisation from the Colombian civil aviation regulator to integrate Viva over concerns about Viva’s ability to compete in the face of increased financial pressures. Viva ...
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News
Cathay Pacific cuts losses despite ‘particularly unfavourable’ start of year
Cathay Pacific Group narrowed its losses for the six months to 30 June on the back of a significant jump in passenger travel revenues, despite what it calls a “particularly unfavourable” operating environment at the start of the year.
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News
Taiwanese carriers remain in the black amid rising costs
Taiwan’s two largest carriers were profitable in their second-quarter financial results, even as costs and expenses continued to steadily increase.
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Russian airbase in occupied Crimea rocked by explosions
The strategically important Black Sea peninsula was annexed by Russia in 2014 and is home to air fields and naval bases.
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Chinese aircraft continue heavy activity around Taiwan as Beijing extends military exercises
The island nation’s defence ministry says dozens of Chinese military aircraft are still operating around the disputed territory, with Beijing extending its exercises in the area.
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ASL takes full control of maintenance firm X-air Services
ASL Holdings has taken full control of X-air Services, the Belgian MRO joint venture it co-owns with Sabena Technics.
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News
Boeing notches 130 new orders in July, delivers 26 jets
Boeing landed new orders for 130 aircraft in July, most of which were 737 airframes, with four cancellations.
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Spirit cuts Q2 losses as revenue lift counters rising costs
JetBlue-bound discount carrier Spirit Airlines cut its pre-tax losses for the second quarter to $67.5 million as better than expected revenues helped counter higher fuel costs for the period.
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News
Pratt-powered MC-21 engines swapped to pursue PD-14 certification
Russian airframer Irkut is preparing to conduct test flights with an MC-21-300 whose engines are being swapped from foreign-built to domestically-built powerplants. The aircraft, number 73051, was originally an MC-21-300 variant fitted with Pratt & Whitney PW1400G engines. But Russian state technology firm Rostec says the aircraft will be tested ...
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News
Frankfurt hikes passenger forecast but expects to miss satisfaction targets
Frankfurt Main airport’s operator admits passenger satisfaction targets will probably not be reached this year, as operational capacity bottlenecks persist. Operator Fraport states, in its first-half briefing, that almost 21 million passengers passed through the hub over the six months to 30 June – although this was still 38% below ...
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US inquiry probes fatal Cessna-Piper collision on approach path to same runway
US investigators probing a fatal mid-air collision between two light aircraft at North Las Vegas airport are trying to ascertain why both appeared to be on the approach path to the same runway. The aircraft collided on 17 July around 0.25nm from the end of runway 30R which runs parallel ...
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Mitsubishi Heavy aerospace business sees profit jump despite revenue dip
Mitsubishi Heavy Industries’ (MHI) aircraft, defence and space unit posted an operating profit of Y6.5 billion ($48.2 million) for the three months to 30 June, helped by strong performance across the business.
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Mesa posts fiscal Q3 loss amid increasing pilot shortage issues
Mesa Air Group, the parent company of Mesa Airlines, posted a loss for its fiscal third quarter as the company’s block hours fell and it continues to suffer from the pilot shortage.
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Sun Country sees higher leisure demand, struggles with ‘training challenges’
Sun Country Airlines notched higher revenue during the second quarter of 2022, as leisure travel demand rose. However, the Minneapolis, Minnesota-headquartered carrier joins its airline peers across the USA in struggling with ensuring it has enough qualified and current flight crew to cover all of its needs.
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US military will ‘continue to fly’ in Taiwan Strait following crisis ‘manufactured’ by Beijing: Pentagon
The declaration from a senior US defence official comes amid heightened tensions with China over an official visit to Taiwan.
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Pentagon not ruling out Western fighter jets for Ukraine
The US Department of Defense’s policy chief says a transfer of US-built fighters is not currently in the works, but did not take such a move off the table for the future.
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News
Chinese carriers help lift Airbus net orders by nearly 400 aircraft
Airbus has added nearly 400 net orders to its total for the year, following a strong July, and includes the large agreement for aircraft from four Chinese carriers. These Chinese operators are collectively taking 196 A321neos, plus 82 A320neos and 14 A319neos. Airbus also recorded 39 A321neo orders from LATAM, ...
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News
Boeing will resume 787 deliveries ‘in the coming days’: FAA
Boeing will resume deliveries of its beleaguered 787 Dreamliner “in the coming days”, according to the FAA.