All articles by David Kaminski-Morrow – Page 211
-
NewsEU eases airline licensing and ground-handling rules
European authorities are putting forward proposals to ease airline licensing rules and ground-handling firms’ regulatory burdens, with the intention of reducing costs during the coronavirus crisis. Airlines which are unable to meet financial obligations over the next 12 months would normally have their operating licences revoked, or be issued with ...
-
NewsAirbus rekindles support from export credit agencies
Airbus believes the support of export credit agencies will be important to assist the funding of deliveries to customers during the air transport crisis. But the airframer is not intending to extend financing itself, unless particular circumstances warrant such a measure. Airbus chief financial officer Domink Asam, speaking on 29 ...
-
NewsAirbus staying prepared for aggressive single-aisle rebound
Airbus is expecting the single-aisle market to recover faster than the long-haul sector, but the airframer is stressing that the pattern of deliveries is the most difficult part of its business to forecast. It has not offered any guidance in its newly-issued first-quarter financial statement. Airbus chief executive Guillaume Faury, ...
-
NewsAirbus not expecting to review production levels before mid-year
Airbus is not expecting to review the cuts to its aircraft production rates until around mid-year, when the second-quarter impact of the air transport crisis becomes clearer. The manufacturer has made deep cuts to the output from its A320, A330 and A350 lines. Chief executive Guillaume Faury, speaking during a ...
-
NewsAirbus concentrates on cash preservation as crisis starts to bite
Airbus’s first-quarter earnings in the commercial aircraft sector have fallen by more than 80% under the impact of fewer deliveries arising from the coronavirus crisis. The ariframer says it is maintaining a “strong focus” on cash containment after its “solid” start to the year rapidly deteriorated as the pandemic evolved. ...
-
NewsEurocontrol scenarios illustrate need for co-ordinated recovery
Pan-European air navigation organisation Eurocontrol has underlined the importance of a co-ordinated approach to operational procedures and lifting of national restrictions during recovery from the coronavirus crisis. It has illustrated the potential difference between scenarios based on co-ordinated measures — which Eurocontrol estimates would result in the loss of 45% ...
-
NewsBritish Airways considers axing 12,000 jobs as parent unveils huge losses
British Airways is proposing a restructuring programme which, it warns, could result in up to 12,000 redundancies. The IAG-owned carrier states that it has notified its trade unions about the measure and – while it remains subject to consultation – the proposal is likely to affect “most” of the UK ...
-
NewsAirbus furloughs over 3,000 UK wing-plant personnel
Airbus’s UK division is to furlough some 3,200 personnel at its wing-production plant in Broughton as part of measures to cope with the coronavirus crisis. The staggered furloughs – which will start over the next three weeks, and last for three weeks – affect the majority of production and production ...
-
NewsEmbraer starts Boeing split proceedings but stays vague on future plans
Embraer has formally commenced arbitration proceedings following the decision by Boeing to terminate the companies’ $4.2 billion merger. But the Brazilian airframer has offered little insight into its response to the sudden collapse of the proposed commercial and military partnership, and the extent to which it had prepared for such ...
-
AnalysisWhy Boeing’s jilting leaves Embraer bitter and frustrated
Embraer’s fierce reaction to prospective suitor Boeing’s decision to bale from their intended commercial partnership is hardly surprising, given that the Brazilian airframer stands to lose heavily from the split. While the tie-up proposal, unveiled in late 2017, might have given the impression of a hastily-shoehorned response to Airbus’s audacious ...
-
NewsEmbraer to seek damages as it accuses Boeing of sabotaging merger
Embraer has accused Boeing of deliberately wrecking the proposed tie-up between the two aircraft manufacturers, and is set to launch a damages claim over the collapsed deal. While it acknowledges Boeing’s notice of termination of the master transaction agreement – which set out plans for joint commercial and military aircraft ...
-
NewsBoeing walks away from Embraer tie-up
Boeing has abandoned its plans for a tie-up with Embraer, exercising its right to terminate the agreement for joint commercial and military aviation ventures. The US airframer says its master transaction agreement with the Brazilian manufacturer had reached its initial termination date on 24 April. This was subject to extension ...
-
NewsOperators of 787s warned after latest ILS deviation incident at Hong Kong
Hong Kong authorities have warned Boeing 787 operators of possible adverse autopilot behaviour during localiser capture at the city’s international airport, after the latest in a string of incidents involving the type. A newly-issued NOTAM instructs carriers to check a Boeing flight crew operations bulletin referring to “anomalies” in localiser ...
-
NewsAir France-KLM Group carriers secure Franco-Dutch financial package
Air France-KLM Group has secured government funding to help the operator cope with the impact of the coronavirus crisis. The group had previously warned that, despite measures to preserve liquidity, it would need a capital injection in the third quarter of this year. It has negotiated a French state-backed loan ...
-
NewsAirbus and Rolls-Royce cancel E-Fan X hybrid-electric RJ100 experiment
Airbus and Rolls-Royce have axed the E-Fan X demonstrator programme, a year before the experimental hybrid-electric engine airliner was supposed to fly. The E-Fan X programme was launched to explore electric aviation and involved equipping a BAE Systems Avro RJ100 with a hybrid engine. But Airbus chief technology officer Grazia ...
-
NewsIcelandair converting 767s for Chinese medical supply flights
Icelandair Group is to reconfigure three Boeing 767s to transport cargo after reaching an agreement to operate freight flights between China and Germany. It has entered a pact with German firm DB Schenker, which is owned by rail company Deutsche Bahn. Icelandair Group says the 767s will have their passenger ...
-
NewsSAA left with no options but wind-down or liquidation: rescue practitioners
South African Airways’ business rescue practitioners have warned that the exhaustion of funding to draw up a rescue plan for the flag-carrier has left them with two stark options for the airline. The practitioners state that they are facing the choice of attempting to secure a better return for SAA’s ...
-
NewsFastjet sells ERJ-145 to Solenta to offset maintenance debt
African budget operator Fastjet Group has sold a dormant Embraer ERJ-145 to Solenta Aviation in a deal to reduce debts owed for maintenance work within Fastjet’s Zimbabwean division. The ERJ-145 had been used for Fastjet’s operations in Mozambique before the company suspended services in the country last year. Fastjet Group ...
-
NewsEl Al sells three 737-800s to ease financial pressure
Israeli flag-carrier El Al has reached a sale-and-leaseback agreement with an unidentified foreign company covering three Boeing 737-800s. The airline, which has been seeking to shore up its finances, says it signed a memorandum of understanding for the transaction on 23 April. El Al has not identified the specific airframes ...
-
NewsMis-set altitude led Neos 737 to descend unnoticed during go-around
Investigators have found that a Neos Boeing 737-800 continued to descend, unnoticed by the crew, during an aborted landing at Bristol, after a rushed approach meant the go-around altitude was not correctly set. It dipped below 460ft as it travelled over runway 27, with its landing-gear retracted, before the pilots ...