Must read – Page 14
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News
Airline Business Index shows industry close to 2019 size amid soaring revenue
The latest Airline Business Index shows the global airline industry’s revenue soared even further above 2019 levels in the first quarter of 2023, as the sector moved to within touching distance of its pre-Covid size.
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Airline Business
How strong is the corporate air travel recovery?
As airline quarterly earnings ‘normalise’ in the Covid-19 recovery, many large European and US carriers are beginning to quantify how strongly – or not – corporate travel is coming back.
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Airline Business
Indian market at ‘inflection point’, but can its airlines prosper?
While ambitious start-ups, a reinvigorated flag carrier and the continued growth of IndiGo provide plenty of reason for India’s leaders to believe this could be a turning point for the country’s aviation market, ongoing challenges facing Go First and SpiceJet remind of growing pains ahead
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News
AAM sector eyes the long-term for investment returns
While the Advanced Air Mobility (AAM) industry is far from mature, the investment climate around the sector is maturing, with returns only likely in the 2030s.
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Airline Business
Qantas CEO succession a fitting outcome after Joyce’s diversity focus
It is Alan Joyce’s exit from Qantas that has perhaps brought the most high-profile evidence of his diversity and inclusion efforts, with the appointment of chief financial officer Vanessa Hudson as his successor.
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News
Supply-chain hitches ‘no excuse’ for aircraft delivery delays: Air Lease
US lessor Air Lease is not prepared to let airframers blame the supply chain for aircraft delivery delays, with executive chairman Steve Udvar-Hazy insisting that the manufacturers’ problems are “self-inflicted”. Speaking during a first-quarter briefing, Udvar-Hazy said Airbus and Boeing were increasing production rates across their single-aisle and long-haul ranges ...
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News
India’s Go First replaced 510 GTFs, takes case against P&W to US court
Indian airline Go First has replaced 510 Pratt & Whitney PW1100G geared turbofans (GTFs) in recent years, and last month had 64 of what it calls “defective” GTFs, citing combustor and other issues.
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News
Airbus A350 freighter entry-into-service slips to 2026
Airbus has shifted the entry into service date for the A350 freighter into 2026, but is more broadly maintaining its industrial targets for other programmes. The airframer, which has disclosed first-quarter results, says the industrial planning for the freighter is being “slightly adjusted” as its initial milestones are reached. Chief ...
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News
India’s Go First suspends flights, blames P&W engine woes for insolvency protection filing
Indian low-cost carrier Go First has suspended flights for the next three days and reportedly filed for insolvency protection, laying the blame on “ever-increasing” failures of Pratt & Whitney engines, which it says have left half its Airbus A320neo fleet grounded.
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Airline Business
Unpacking Alan Joyce’s Qantas legacy
Alan Joyce will retire from Qantas in November after 15 years at the helm, and he departs with a mixed legacy, including standing up to worker unions, and seeing the airline through the coronavirus pandemic.
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News
Turkish Aerospace reveals prototype TF-X stealth fighter
In a major show of force for its domestic aerospace industry, one of Turkey’s primary aircraft manufacturers unveiled a new stealthy fighter jet, combat UAV and attack helicopter in quick succession.
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News
Hainan Airlines commits to 60 C919s, 40 ARJ21s
Hainan Airlines has disclosed commitments for 60 Comac C919 narrowbody aircraft and 40 ARJ21 regional jets meant for two airline units, providing an orderbook boost even as the airframer grapples with service entry delays.
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News
Boeing confident of overcoming 737 fuselage issue within months
Boeing is confident that it will recover within months from the recent 737 manufacturing process snag affecting aft fuselage sections, having understood the situation and the rework required. Chief executive Dave Calhoun stressed, during a first-quarter briefing, that the company was “working in a very constructive way” with fuselage supplier ...
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News
Mexican president finally offloads ‘ostentatious’ VIP 787 to Tajikistan’s government
Mexico’s government has agreed to sell its controversial presidential Boeing 787-8 to the government of Tajikistan, after trying to offload the twinjet for years. President Andres Manuel Lopez Obrador, speaking in Veracruz on 21 April, said the government had sold the “ostentatious” aircraft after the Tajik authorities expressed interest. The ...
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In depth
How the NH90 is delivering for Spain’s air force
Service reports that its new aircraft are ‘working perfectly’ as it continues to field new type as Super Puma replacement.
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News
New 737 issue makes Boeing production and delivery goals uncertain
Boeing’s ability to meet its 2023 delivery and production goals are more uncertain after it revealed on 13 April having halted some 737 deliveries due to a newly disclosed quality problem.
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In depth
Leaked Pentagon documents estimate heavy aircraft losses on both sides of Ukraine conflict
Unverified estimates from classified US government intelligence materials leaked on social media indicate large numbers of aircraft losses for both Russia and Ukraine, including fixed-wing fighters and helicopters.
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Airline Business
Why European short-haul travel will become more expensive
Analysts at Bernstein this week became the latest industry observers to suggest that airlines will need to charge more for short-haul air travel as the decade progresses, in response to European Union measures aimed at reducing carbon emissions.
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News
Boeing pauses some 737 deliveries due to manufacturing error
Boeing has paused deliveries of some 737s due to a manufacturing error that will likely affect “a significant number” of in-production aircraft.
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News
Storage rates of GTF-powered jets in double-digits, analysis shows
Airbus A320neo-family aircraft powered by Pratt & Whitney PW1100G engines are presently experiencing significantly higher storage rates than those equipped with the rival CFM International Leap-1A, analysis of Cirium data reveals.