All News articles – Page 128
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Wheels Up loses $145m in Q3 but aims for operating profit in 2024
Charter aircraft provider Wheels Up lost $145 million in the third quarter of 2023, but executives insist a network overhaul, a partnership with Delta Air Lines and new financing position it to turn operationally profitable next year.
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United applies to US regulators for operating slots at Tokyo’s Haneda airport
United Airlines has applied to the US Department of Transportation (DOT) to operate daily nonstop flights to Tokyo’s Haneda airport from Bush Intercontinental airport in Houston, intending to acquire slots vacated by Delta Air Lines earlier this year.
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Aeroflot Group settles aircraft claims with lessor BOC Aviation
Russian operator Aeroflot Group has settled with another lessor over its continued use of foreign-built aircraft. The company states that it has “completed” a settlement arrangement with the Irish arm of Singapore-based BOC Aviation. While Aeroflot Group has not disclosed terms, BOC Aviation states that it has received a cash ...
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El Al introduces 737 freighter as conflict disrupts passenger operations
El Al is expecting that the negative impact of the Israel-Gaza conflict is likely to persist into the first quarter of 2024. The flag-carrier states that there has been a decline in the demand in future flights as a result of the month-old conflict. El Al says it has increased ...
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Leonardo targets improved contract terms from Boeing for 787 work
Boeing could be facing more cost increases on the 787 programme after aerostructures supplier Leonardo indicated that it was seeking to follow Spirit AeroSystems’ lead and renegotiate its current contract with the airframer.
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US airlines gearing up for ‘busiest ever’ Thanksgiving holiday travel period
US airlines are gearing up for a major holiday travel weekend as demand for air travel over the upcoming Thanksgiving travel period is higher than both last year and pre-pandemic 2019.
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Ural A320 forced-landing crew made ‘unreasonable’ decision to divert: inquiry
Russian investigators have described as “unreasonable” a Ural Airlines Airbus A320 crew’s decision to divert to Novosibirsk, having incorrectly estimated the fuel required after failing to take into account the aircraft’s extended landing-gear. The aircraft, originally bound for Omsk on 12 September, was forced to land in a field 186km ...
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First Boeing T-7A arrives at California air base for flight testing
The first example of Boeing’s T-7A Red Hawk has arrived at Edwards AFB in California, as Boeing and the US Air Force (USAF) progress through flight testing toward low-rate production of the new jet trainer.
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ZeroAvia eyes Airbus opportunity following airframer’s investment
Advanced powertrain specialist ZeroAvia believes it can become Airbus’s future hydrogen propulsion supplier of choice following a recent collaboration pact between the two companies.
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USA launches F-15 strikes and B-1 flights over the Middle East following MQ-9 downing
American air power is on full display across the Middle East, with a B-1 bomber flight and lethal strikes from F-15 fighters coming the same day a US Air Force MQ-9 UAV was downed by rebel fighters in Yemen.
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INTA lands contract for Eurodrone propulsion system testing
Spain’s National Institute for Aerospace Technology (INTA) will perform ground-based testing of the propulsion system for the Airbus Defence & Space-led Eurodrone unmanned air vehicle.
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Vertical Aerospace aims to fly VX4 at Farnborough air show in 2024
Vertical Aerospace has revealed plans to fly its VX4 prototype at next year’s Farnborough air show as part of a wider public demonstration campaign that kicks off in 2024.
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Airbus vows to take lessons from A320neo ramp-up when raising A350 rate
Airbus chief executive Guillaume Faury is confident that the airframer can justify and manage the ramp-up of A350 production back to its pre-crisis level in 2026. The company is looking to restore a 10-per-month production rate for the widebody twinjet family. “We have secured a number of orders, we have ...
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Turkish Airlines seals leases on 21 more aircraft
Turkish Airlines has struck deals to lease a further 20 narrowbodies and one widebody as it aims to secure capacity to meet its near-term growth ambitions.
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Archer and InterGlobe strike deal to launch 2026 air taxi operations in India
Hot on the heels of striking a deal to establish air taxi operations in Abu Dhabi, US developer Archer Aviation has secured an agreement to deploy its electric aircraft on the Indian subcontinent.
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ZeroAvia eyes flight-test and certification milestones before year-end
Hydrogen propulsion developer ZeroAvia is readying its converted Dornier 228 demonstrator for the next round of test flights, as it prepares to submit its certification proposal for the ZA600 powertrain to the UK regulator.
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Emirates operating over 100 A380s as half-year profits surge
Middle Eastern operator Emirates Group has turned in a first-half net profit of just over Dhs10 billion ($2.7 billion), with carrier Emirates contributing Dhs9.4 billion to the total. The group says the figure, to 30 September, is a record for its interim performance and it adds that it expects customer ...
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AAPA chief expects demand recovery in early 2024, even as China rebound ‘subdued’
Asia-Pacific airlines are expected to see a full demand recovery in the first half of 2024, underpinning the “resilient” growth seen following the reopening of borders.
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Wizz Air raising utilisation and prolonging A320 leases to mitigate P&W engine impact
Central European budget carrier Wizz Air is expecting to ground around 45 Airbus A320neo-family jets by the end of March 2024, in relation to Pratt & Whitney engine inspections. These figures include aircraft grounded in September 2023 and others which will be affected from mid-January next year. “The final number ...
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Vistara stake put SIA in the right place at the right time: Goh Choon Phong
Singapore Airlines is bullish about India’s long-term prospects and feels its 49% stake in Vistara positioned it well for an evolving Indian airline market.