All News articles – Page 187
-
NewsBeijing shifts large number of naval aviation units to air force
China appears to have conducted a major reorganisation of its naval airpower, with several key People’s Liberation Army Navy (PLAN) aviation units moving to the People’s Liberation Army Air Force (PLAAF).
-
NewsLATAM posts Q2 profit of $145m as it expands its network
Chile’s LATAM Airlines Group posted a $145 million profit for the second quarter, as it strengthened its network and diversified revenue streams.
-
NewsJoby flies production prototype of its electric air taxi
Joby Aviation says that it has successfully flown the production prototype of its in-development electric vertical take-off and landing (eVTOL) aircraft for the first time.
-
NewsJoby loses $286m in second quarter, reports $1.2 billion cash position
Electric air taxi developer Joby Aviation continues burning cash as it pushes for certification and service-entry of its aircraft, reporting a loss of $286 million in the second quarter.
-
NewsSpirit Aerosystems takes Q2 earnings, deliveries hit due to strike and 737 quality issue
Spirit Aerosystems, which makes Boeing 737 fuselages and other components, said it lost $206 million during the second quarter, as it was hit by a work stoppage and a vertical fin quality issue on the 737.
-
NewsAllegiant posts $89m Q2 profit, reports delayed 737 Max deliveries
Allegiant Travel Company, parent of Allegiant Air, reports making a profit of $88.5 million in the second quarter “in the face of high demand and operational complexity”.
-
NewsWizz seals order for 75 A321neos after shareholder approval
Wizz Air shareholders have approved the firming of 75 Airbus A321neo purchase rights, a plan originally disclosed by the carrier nearly 11 months ago. Approval for the purchase was secured at an extraordinary general meeting on 2 August. Wizz Air’s board says the proposal received “strong shareholder support”, and it ...
-
NewsSurf completes acquisition of Southern, orders up to 150 Cessna Grand Caravans
Surf Air Mobility has completed its acquisition of US regional carrier Southern Airways, and now turns attention to its fleet expansion and electrification plans.
-
NewsIndiGo to launch venture capital arm
IndiGo is seeking regulatory approval for the launch of a venture capital arm.
-
NewsBuoyant IndiGo reports record quarterly profit and passenger numbers
IndiGo recorded its highest-ever quarterly revenue of Rs172 billion ($2.1 billion) during the April-June period, powering it to a record net profit of Rs31 billion.
-
NewsKorean Air reports ‘moderate’ Q2 profit amid declining cargo market
Korean Air boosted its overall revenue in the second quarter of this year but saw its operating profit fall, as the strong recovery of passenger demand was offset by higher costs and a significantly weaker freight market.
-
NewsCanary Islands start-up Surcar aims to use hydrogen-electric Twin Otters
Canary Islands floatplane start-up Surcar Airlines is intending to use hydrogen-electric engines on De Havilland Twin Otter aircraft. The company plans to introduce aircraft retrofitted with the ZA600 powertrain developed by propulsion specialist ZeroAvia. Surcar Airlines is looking to offer inter-island services and sightseeing tours. It will initially use conventionally-powered ...
-
NewsEtihad Airways unveils new route to US gateway
Middle Eastern carrier Etihad Airways is to open another US route, with services to Boston from spring next year. The Abu Dhabi-based carrier says the connection will take the number of US cities it serves to four. Etihad already operates to New York, Chicago and Washington, and also flies to ...
-
NewsFirst Russian-built collision-avoidance system to be fitted on Superjet
Russian avionics specialist Navigator is aiming to deliver the country’s first domestically-built collision-avoidance system later this year. Navigator says the system – known as SPSV – has passed the third of four certification stages for aviation equipment under Russian standards. The fourth stage will finalise the process and confirm that ...
-
NewsGaruda swings to half-year operating loss of $110 million
Indonesian carrier Garuda swung to operating loss of $110 million in the first six months of 2023, despite a surge in revenue.
-
NewsShinmaywa sees higher production volumes for 777X, 787 programmes
Japanese conglomerate Shinmaywa is seeing higher production volumes for shipsets related to the Boeing 787 and Boeing 777X aircraft, in addition to more local defence work.
-
NewsIsrael’s El Al receives long-deferred final 787-8
Israeli flag-carrier El Al has finally taken delivery of the last Boeing 787 from its original order, bringing its fleet of the twinjets to 16. The aircraft is s 787-8 variant (4X-ERD) and arrived in Tel Aviv from Seattle on 31 July. It was subsequently put into operation on routes ...
-
NewsFuel-cell-converted aircraft could replace 20% of turboprop market: report
A new report concludes that fuel-cell powered ATR and De Havilland Canada turboprops could have enough range to cover most typical turboprop routes – but only when carrying far fewer passengers.
-
NewsAir NZ calls for airports to support Mission Next Gen flights from 2026
Air New Zealand is looking for domestic airports to become test locations for its planned low emissions demonstrator aircraft.
-
NewsRNZAF pauses NH90 flying in wake of Australian MRH90 crash
The Royal New Zealand Air Force (RNZAF) has temporarily halted flight operations with its NH Industries NH90 helicopters following the fatal crash of an Australian MRH90 Taipan on 28 July.