All news – Page 434
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NewsFedEx encourages pilots to move to regional carrier PSA as cargo demand slumps
FedEx Express is encouraging pilots to move to regional passenger carrier PSA Airlines as direct-entry captains, with the opportunity to flow through to legacy American Airlines. The regional carrier is sweetening the deal with a $250,000 signing bonus.
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NewsChina Eastern orders 25 GEnx turbofans for 787s and Xiamen picks Leap-1A for A320neos
GE Aerospace and its affiliate CFM International have landed new orders from Chinese carriers for both GEnx-1B and Leap-1B turbofans.
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NewsCanadian helicopter repeatedly intercepted by Chinese J-11 fighters
Ottawa says the crew of a Sikorsky CH-148 Cyclone underway with a Royal Canadian Navy ship in the South China Sea was repeatedly intercepted by Chinese J-11 fighter jets acting in an “unsafe” manner.
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NewsBrazil’s Gol posts record third-quarter revenue on ‘strong and steady’ demand
Brazil’s Gol generated record revenue in the third quarter of 2023 as both leisure and corporate travel demand continued to strengthen.
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NewsBristow boss brands lack of ‘servicable’ S-92s as brake on growth
Bristow Group chief executive Chris Bradshaw has hit out at the parts shortages that have left the offshore helicopter specialist with fewer “serviceable” Sikorsky S-92s than it needs.
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NewsEDGE takes majority stake in UAV developer Anavia
Abu Dhabi national defence house EDGE has added to its autonomous air vehicle capabilities with a majority stake in Anavia, a Swiss developer of vertical take-off and landing aircraft.
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NewsCAA approves Virgin plans for transatlantic 100% SAF flight on 28 November
Virgin Atlantic has been granted approval by the UK Civil Aviation Authority (CAA) to perform a landmark transatlantic service using a Boeing 787-9 running on 100% sustainable aviation fuel (SAF).
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Paid contentFuelling change
How far is the industry on its net-zero journey and what can be done to increase availability of SAF? We ask Jan Toschka, President of Shell Aviation
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NewsUkraine’s Supernova plans all-cargo transatlantic services to US destinations
Ukrainian carrier Supernova Airlines is seeking to open widebody freighter services to US destinations, initially New York. The airline is affiliated with the e-commerce and logistics companies Nova Post and Nova Global, and has a pair of Antonov An-26s leased from United Arab Emirates-based Expedition Aviation. Nova Global says it ...
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NewsCollectors offered parts of BA 747-400 which carried BOAC heritage livery
Three years after British Airways withdrew its last Boeing 747s from service, the aircraft which bore the BOAC heritage livery is being dismantled and its parts offered to collectors. The aircraft (G-BYGC) was the first of three 747-400s, along with an Airbus A320, to be painted in retro schemes to ...
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NewsComac confirms ‘C929’ moniker as widebody enters ‘detailed design’ stage
Comac’s in-development C929 widebody programme appears to be progressing, despite the Chinese airframer having quietly dropped its Russian joint-venture partner.
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NewsAirbus signs up Indian firms to build airframe and wing components
Airbus has signed a series of agreements with Indian companies to locally produce airframe and wing parts for the A320neo, A330neo, and A350.
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NewsRyanair cautions over 737 Max deliveries as it sets out full-year profit forecast
Ryanair is expecting full-year net profit of up to €2.05 billion ($2.2 billion) despite higher fuel costs and uncertainties over Boeing 737 Max deliveries. The airline cautions that up to 10 of the 57 737s due for delivery before summer 2024 could be delayed until the winter season. “We are ...
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NewsGaruda swings to loss despite revenue jump
Garuda Indonesia swung back to a nine-month loss despite an increase in revenues, due to the lack of income gained from debt restructuring, and as it took a hit from foreign exchange losses.
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NewsEgyptian prime minister indicates plans for private sector to run airports
Egypt’s prime minister has stated that the government intends to open the management and operation of airports to the private sector. Mostafa Madbouly made the declaration during a roundtable at the transport and logistics event Trans MEA in Cairo, which opened on 5 November. The roundtable included more than 20 ...
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NewsRoyal Jordanian confirms profitable third quarter while bracing for conflict impact
Royal Jordanian has disclosed that it achieved a JD27.5 million ($38.8 million) net profit for the third quarter, taking the profit at the nine-month mark to JD10.8 million. This performance contrasts with the corresponding net losses of JD861,000 and JD71.6 million during the previous year. Over the quarter the company ...
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NewsSAS to replace debtor-in-possession finance pact as it enters investment agreement
Scandinavian operator SAS has entered a formal investment agreement with a Castlelake and Air France-KLM consortium, and will replace its debtor-in-possession financing from Apollo with a new arrangement with Castlelake. SAS is under US Chapter 11 bankruptcy protection and restructuring through implementation of its ‘SAS Forward’ programme. As part of ...
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NewsMiddle East air transport recovery faster than expected: Boeing regional sales chief
Middle Eastern air transport activity has recovered more sharply than expected post-pandemic, Boeing’s sales chief for the region believes, with Saudi Arabia becoming a particular focal point. Boeing’s latest commercial market outlook shows demand for 3,025 aircraft in the Middle East over the next 20 years. This figure includes 1,350 ...
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NewsNorse Atlantic expands share offering after strong investor demand
Norse Atlantic Airways is looking to issue another 9.1 million shares to investors, following the successful completion of a private share placement which raised gross proceeds of NKr613 million ($55 million) – higher than the NKr501 million originally sought. The private placement – aimed at shoring up liquidity for the ...
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NewsReliable Robotics embracing radar as integral part of autonomous flight system
Viewing radar technology as critical for developing its remote-autonomous flight system, California start-up Reliable Robotics has chosen industry expert Marc Pos to lead its radar design.