All News articles – Page 190
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Air France-KLM doubles profit in second quarter
Air France-KLM doubled operating profits in the second quarter to €733 million ($810 million) on revenues up 14% on the same period last year.
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AirAsia India cleared to operate under Air India Express brand
Indian low-cost carrier AirAsia India has received clearance to operate flights under the Air India Express branding, as the consolidation of the Tata Group’s airline businesses continues.
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Qantas, IndiGo, Air India add to international networks
Qantas, IndiGo, and Air India are all adding to their international networks, while Singapore and Japan are working towards greener air travel between the two countries.
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AirAsia units tap international ‘resurgence’ as passenger volumes double
AirAsia Aviation carriers are to reallocate more capacity to their international networks, amid a “resurgence” in demand in international travel.
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Southwest profitable in Q2 but network ‘not optimised’: CEO
Southwest Airlines on 27 July reported a second-quarter profit of $683 million based on “continued strong demand” from leisure travellers, but has struggled to attract business travellers during its recovery.
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US competition regulator clears L3Harris to acquire Aerojet Rocketdyne
The proposal by L3Harris to purchase the strategically important maker of rocket motors was approved by the US Federal Trade Commissionon on 27July, after the agency previously opposed a similar bid from Lockheed Martin.
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Southwest ordered 19 more 737 Max jets in recent months
Southwest Airlines has exercised options for 19 yet-to-be-certificated Boeing 737 Max 7s, while also converting 16 Max 7s to Max 8s in its order book for 2024.
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First B-21 bomber powered up ahead of flight testing
Northrop Grumman continues to progress toward first flight of its in-development B-21 stealth bomber, announcing it recently powered up the initial flight-test aircraft for the first time.
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US government approves Delta-Air Baltic codeshare deal
The US Department of Transportation (DOT) has approved a codeshare agreement between Delta Air Lines and Latvian carrier Air Baltic.
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Northrop bows out of NGAD fighter competition
Chief executive Kathy Warden says the defence manufacturer, which is currently developing the next-generation B-21 stealth bomber, will not submit a prime bid for the US Air Force’s sixth-generation fighter programme.
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Restructured Air Seychelles back to profit for first time since 2016
Air Seychelles posted a profit of $8.4 million in 2022 after completing a formal restructuring, marking its first year in the black for six years.
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Safran chief reveals previous CFM engine issue with contaminated powder metal
Safran chief Olivier Andries has disclosed that its CFM International engine venture experienced its own issue with powder metal contamination two years ago. Andries mentioned the situation during a half-year briefing on 27 July, days after rival Pratt & Whitney’s parent company revealed a powder metal contamination problem affecting in-service ...
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MC-21 manufacturer Irkut to rebrand under prominent Yakovlev name
Russian airframer Irkut is to be rebranded with the Yakovlev name, with the migration taking place by the end of August. Irkut is the manufacturer of the MC-21 and also produces the Superjet 100 and its successor, the SSJ-New. Yakovlev design bureau is already a part of Irkut but the ...
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SIA Group targets 90% pre-pandemic capacity by March in network rejig
Singapore Airlines Group expects to ramp up capacity to several parts of its network from the end of the year, as it targets operating at around 90% pre-pandemic capacity by March 2024.
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Wizz Air hit with UK enforcement action over disruption payments
Budget carrier Wizz Air has overhauled its commitments and processes for paying passengers when flights are cancelled and delayed after the UK aviation regulator took enforcement action over a high volume of passenger complaints of money still owed.
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SIA Group profit jumps in first quarter but warns of increasing competition
Singapore Airlines Group improved its first-quarter operating profit on the back of strong travel demand, though it warns that competition “is expected to intensify” in the coming months as international capacity grows.
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US-Bangla steps up to widebodies with A330 leases
Bangladeshi carrier US-Bangla Airlines is to step up to widebody operations by leasing a pair of Airbus A330-300s from Irish-based supplier Avolon. The airline, based in Dhaka, is intending to use the twinjets for medium-haul route expansion to destinations in the Middle East – including Saudi Arabia, Kuwait and Bahrain. ...
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Safran expects progress towards interiors profitability this year
Safran is confident that it will restore profitability to its aircraft interiors division following efforts to transform the business and given the returning market interest in seat products. The aerospace company turned in a first-half operating loss of €100 million ($111 million) for its interiors division – contrasting with its ...
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Ka-52 attack helicopter proves deadly foe to Ukrainian forces
The Kamov Ka-52 “Alligator” attack helicopter is proving to be a formidable adversary as the Ukrainian army continues its counter-offensive against Russian forces.
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Asia-Pacific air travel continued to recover in June: AAPA
International passenger traffic in the Asia-Pacific continues to power ahead, with June’s passenger numbers more than doubling year on year.