All News articles – Page 182
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Canada’s Air Transat to expand flying to Latin America this winter
Canadian leisure carrier Air Transat looks to gain a greater foothold in Mexico and South America starting in December.
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US imposes sanctions against Belarusian carrier and government jet
US authorities have imposed sanctions against the Belarusian flag-carrier Belavia, as well as a specific aircraft used by the country’s government. Belavia operates the aircraft, a Bombardier Challenger 850 – registered EW-301PJ – which is based on the CRJ200 regional jet. It was originally delivered in 2006 to Canadian private ...
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Romania moves toward $6.5 billion F-35 buy
The Romanian defence ministry has requested parliamentary approval for an initial purchase of 32 Lockheed Martin F-35A stealth fighters, valued at some $6.5 billion.
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Air Canada rides wave of international travel to second quarter profit
Air Canada generated second-quarter revenue of C$5.4 billion ($4 billion), up 36% from C$3.9 billion during the same period a year ago, as international travel rebounded strongly from the Covid-19 pandemic.
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Air Arabia maintains strong momentum through second quarter
Middle Eastern budget carrier Air Arabia has turned in a 78% rise in first-half net profit, reaching Dhs801 million ($218 million), on revenues of more than Dhs2.8 billion. The Sharjah-based airline disclosed the performance after a strong second quarter during which it made a net profit of Dhs459 million – ...
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Turkish Airlines lifts outlook after strong first half despite cargo decline
Strong demand in the passenger business during the first half has prompted Turkish Airlines to lift its full-year EBITDA expectations, despite a sharp fall in cargo revenues.
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Mexicana successor to start with 737 fleet after government seals compensation deal with workers
Mexico’s government is poised to create a new carrier based on defunct operator Mexicana’s assets, after securing a compensation agreement with workers to take over the brand. Overseen by the defence ministry, and led by a Mexican air force general, the new carrier will lease 10 Boeing 737-800s, with three ...
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Poland moves closer to new order for 22 AW101 helicopters
A Polish order for 22 additional Leonardo Helicopters AW101s has moved a step closer after the country started negotiations with the manufacturer’s local subsidiary.
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Accounting change brings volatility to Aeroflot’s reinstated financial results
Aeroflot’s reinstatement of financial disclosures earlier this month has given an insight into its performance in the year-and-a-half since the Ukrainian conflict began, although the picture has been complicated by changes to accounting methods and the effect of currency exchange. Application of the new federal accounting standard – which affects ...
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China’s ‘Big Three’ still expected to be loss-making in 2023: HSBC report
China’s three largest airlines are expected to be in the red in 2023, despite improving recovery prospects and the likelihood of a small profit in the second-half of the year, a HSBC Global Research report notes.
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ST Engineering aerospace profit holds steady amid continued recovery
ST Engineering’s commercial aerospace unit remained profitable for the half year, on the back of a significant jump in revenue led by “continued strong recovery”.
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China eases group travel ban to Australia, UK, USA, Japan
China has scrapped a ban on outbound group travel to over 70 countries, including to major economies like the USA, UK, Japan, India and South Korea.
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Cebu Pacific flags supply chain, weather woes amid second-quarter profit
Cebu Pacific remained in the black for a second consecutive quarter, though it has acknowledged the “significant operational headwinds” which has “tempered” its recovery and growth outlook.
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Archer keeps burning cash as it seeks to ‘take lead’ in air taxi race
Electric air taxi developer Archer Aviation lost $181 million during the second quarter of 2023 as the start-up pushes to certificate its Midnight aircraft.
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Boeing invests in Archer, settling lawsuit with Wisk
Air taxi rivals Archer Aviation and Boeing-backed Wisk Aero have settled their long-running lawsuit, with Boeing making an investment in Archer.
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US NTSB attributes Maui near-crash to ‘miscommunication’ in United cockpit
The US National Transportation Safety Board (NTSB) has attributed a near-accident off the coast of an Hawaiian island late last year to flightcrew miscommunication.
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US airlines modify schedules, evacuate people from Hawaii’s Maui as brush fires rage
US airlines have modified their operations and begun evacuating residents and tourists from a Hawaiian island as brush fires there have killed at least three dozen.
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Military aircraft respond to deadly Hawaii wildfire
Military aircraft from the US Coast Guard and the Hawaii National Guard are responding to a fast-moving wildfire on the island of Maui that has already killed at least 36 people and destroyed hundreds of structures.
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Textron Aviation’s SkyCourier gains certification in Brazil
Textron Aviation has secured certification for its SkyCourier twin turboprop from the National Civil Aviation Authority of Brazil (ANAC), clearing the way for operations in that Latin American country.
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US start-up carrier Avelo plans to launch first flights outside continental USA
US start-up carrier Avelo Airlines plans to operate its first international flights with new routes from the East Coast of the USA to Puerto Rico starting in November.