All News articles – Page 188
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JAL rebounds to first quarter profit as passenger revenues surge
Japan Airlines Group swung back to profitability in its fiscal first quarter, amid an uptick in passenger revenues past pre-pandemic levels.
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Frontier navigates weather, ATC issues and long-haul competition to Q2 profit
Frontier Airlines on 1 August reports a $71 million second-quarter profit amid competition from international long-haul flights and ongoing operational difficulties.
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JetBlue posts profitable Q2 amid operational struggles, breakup with American
US low-cost carrier JetBlue Airways reports a second-quarter profit of $138 million – compared with a $188 million loss last year – while the carrier struggles operationally and works to unwind its alliance with American Airlines.
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JetBlue’s operational struggles in Northeast contribute to gloomy Q3 revenue outlook
Flight disruptions related to summertime thunderstorms and air traffic control worker shortages at major airports in the Northeast USA have been “much, much worse” than anticipated by JetBlue Airways.
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Israir Group agrees six-month extension to Smartwings negotiations
Israeli operator Israir Group has agreed a six-month extension to the deadline for completing negotiations over its proposed acquisition of Czech carrier Smartwings. Israir Group says the 180-day extension – which commences on 4 August – has been agreed with Smartwings shareholders. The negotiations between the parties concern particular aspects ...
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Shimmy dampers examined after Red Air MD-82 gear collapse
US investigators have been scrutinising shimmy damper mechanisms from a Red Air Boeing MD-82 which suffered a main landing-gear collapse and runway excursion after touching down at Miami. The aircraft – arriving from Santo Domingo on 21 June last year – touched down on runway 09 but, some 1,300ft into ...
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Akasa clears international flight threshold after taking Asia’s first Max 8-200
Ambitious Indian low-cost carrier Akasa Air has become the first Asia-Pacific operator to take delivery of a higher-density 737 Max.
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Nordica turns to Knighthood Global for turnaround after revenue falls short
Estonian carrier Nordic Aviation Group has brought in consultancy firm Knighthood Global to carry out a restructuring, in an attempt to turn around losses after supply chain issues hit its revenues amid rising costs.
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Bahrain takes delivery of first single-seat F-16 Block 70 fighter
Lockheed Martin has delivered its first single-seat Block 70-model F-16 to Bahrain, with the transfer announced in late July.
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Poland advances on Armed Black Hawk deal, as Apache training starts
Poland’s Ministry of National Defense has initiated the procurement process to acquire PZL Mielec-built S-70i Armed Black Hawks, further bolstering its helicopter modernisation activities.
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Losses spur Air Belgium to seek capital injection from new investor
Air Belgium has been holding discussions with a new investor after turning in a full-year loss of €44.6 million ($49 million), nearly four times deeper than the previous deficit. The airline’s auditor, Mazars, points out that cumulative losses have reached €91.6 million, and remarks that uncertainty exists which could present ...
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Taiwan explores upgrades for ageing Mirage fleet
Taiwan has commissioned Dassault Aviation to assess the viability of upgrading nine of the country’s Mirage 2000-5 fighters.
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US DOT suspends review of Allegiant-Viva Aerobus joint venture
The US Department of Transportation (DOT) has suspended its review of a joint venture between ultra low-cost carrier (ULCC) Allegiant Air and Mexico’s Viva Aerobus, putting a wrench in the carriers’ already-delayed plans for expansion in each others’ home markets.
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Canada Jetlines takes delivery of third Airbus A320, plans 15-strong fleet
North American ultra-low-cost carrier Canada Jetlines has taken delivery of its third Airbus A320, which it hails as a “significant milestone” in its fleet-growth strategy.
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Johann Bordais picked as chief executive of eVTOL developer Eve
Brazilian air taxi developer Eve Air Mobility’s board of directors has named Johann Bordais as the company’s sole chief executive, with current co-CEOs Jerry DeMuro and Andre Stein shifting to new roles.
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US lessor Azorra finds avenue to widebodies with absorption of struggling Voyager
US-based lessor Azorra Aviation is to acquire the leasing firm Voyager Aviation Holdings through a $743.5 million agreement which involves Voyager’s filing for US Chapter 11 bankruptcy protection. Azorra, which has its headquarters in Fort Lauderdale, will acquire substantially all of Voyager’s assets. The Voyager portfolio includes a fleet of ...
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Professor Cingolani begins process of change at Leonardo
Leonardo’s new chief executive Roberto Cingolani is a former professor of experimental physics who holds more than 100 patents. Now he has begun the process of reinventing Italy’s biggest aerospace company to become a global force in the burgeoning sectors of space and cybersecurity. Source: Alexandros Michailidis/Shutterstock Cingolani ...
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Czech Republic welcomes arrival of first two AH-1Z attack helicopters
The Czech Republic has received its first two Bell AH-1Z Viper attack helicopters, with the assets having been delivered on 26 July aboard a US Air Force Boeing C-17 strategic transport.
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Archer secures $142m contract to deliver up to six ‘Midnight’ eVTOLs to USAF
Electric air taxi developer Archer Aviation has secured contracts with the US Air Force (USAF) worth up to $142 million, expanding both its partnership with the military and potential use cases for its in-development Midnight aircraft.
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Croatia Airlines edges into first-half profit as fuel costs fall
Croatia Airlines’ passenger numbers over the first half of the year were still nearly 20% down on the pre-crisis level, but the carrier has claimed a net profit for the period. The operator states that it transported 773,000 passengers over the six months to 30 June – up by nearly ...