All News articles – Page 281
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NewsThai to expand fleet as airline swings to small net loss in 2022
Thai Airways International will return to service two Boeing 777-200ERs, as well as lease two Airbus A350s, as part of a fleet expansion plan amid “continued growth” in travel demand.
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News‘Seeing is believing’: Honeywell 757 demonstrator returns for Asia tour
Honeywell’s Boeing 757-200 is back in Asia-Pacific for a series of demonstration flights, five years after its previous tour in the region. This time, it’s showcasing its satellite communications for military use and the feedback has been largely positive, say executives.
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NewsAlliance to acquire 30 E190s following Qantas wet-lease boost
Australia’s Alliance Aviation is to acquire 30 Embraer E190s through a sale-and-purchase arrangement with Irish lessor AerCap, with first deliveries starting in September.
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NewsPilot shortage will erode US discounters’ low-cost edge: United executive
A shortage of pilots will increasingly erode the cost advantages long enjoyed by US discount airlines while improving the competitive position of giants like United Airlines.
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NewsPentagon clears resumption of F-35 engine deliveries
The US government had paused delivery of the fighter’s Pratt & Whitney F135 engine, following the December crash of a Lockheed Martin F-35B in Texas during pre-delivery flight tests.
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NewsOliver Wyman slashes 10-year fleet forecast amid production and labour issues
Three years have passed since Covid-19 flattened air travel, and the global fleet of commercial jets has still not quite recovered to pre-pandemic levels.
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NewsSmartLynx lands Australian approval for A330 operations
Latvian wet-lease specialist SmartLynx has secured authorisation to conduct operations from Australia, where is intends initially to use Airbus A330s. The company says it has received an Australian foreign air transport operator certificate. SmartLynx says operating flights to Australia has been “integral” to its strategic effort to extend its network ...
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NewsState funds to tackle historic debts as SAA covering operating costs
South African Airways (SAA) has flagged that it is now covering its operating costs after the country’s finance ministry set aside R1 billion ($55 million) to deal with a portion of its historic debts.
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NewsItalian army sees the need for speed in future rotorcraft requirements
The Italian army sees a future need for a next-generation rotorcraft to augment the capabilities of its conventional helicopter fleet, according to the service’s aviation chief.
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NewsBritish Airways chief upbeat on summer as recruitment drive set to tail off
British Airways chief executive Sean Doyle believes the UK carrier will have sufficient staff to meet demand this summer in contrast to the challenges the industry faced ramping up a year ago.
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NewsIndia’s first C295 tactical transport breaks cover in Seville
India’s first C295 tactical transport has emerged from assembly at Airbus Defence & Space’s San Pablo site near Seville, Spain.
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NewsSingapore to order eight additional F-35Bs
Singapore will acquire eight additional Lockheed Martin F-35Bs, bringing its future fleet of the short take-off and vertical landing (STOVL) type to 12 examples.
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NewsNATO next-generation helicopter could be flying by 2030 under prototype plans
Prototypes of a next-generation helicopter destined for NATO forces could be flying around 2030 if plans being touted by the alliance come to fruition.
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NewsIAG chief expects Spanish acquisition, with greater market ‘certainty’ supporting Air Europa deal
IAG group chief executive Luis Gallego sees “more certainty” in the market as providing greater hope that it can complete a deal for Air Europa after a previous acquisition attempt collapsed in late 2021.
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NewsRolls-Royce presents opportunity for cost-cutting through synergies: new chief
Rolls-Royce chief executive Tufan Erginbilgic argues that the company can still afford to undertake further cost-reduction measures despite the extensive restructuring carried out during the pandemic. Speaking during the company’s full-year briefing on 23 February, Erginbilgic said the previous cost-cutting efforts had focused primarily on civil aerospace and had been ...
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NewsSpanish carriers lead IAG profit return in 2022
All four of IAG’s major airlines returned to the black in 2022, a year in which its Spanish carriers Iberia and Vueling came closest to matching pre-pandemic operating profitability.
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NewsBluebird 737 freighter destabilised by ballast shift during Paris approach
Investigators are probing an apparent ballast shift on board a Bluebird Nordic Boeing 737-400SF during its descent towards Paris Charles de Gaulle. The incident involving the Icelandic-registered freighter occurred on 10 February, according to French investigation authority BEA, which is citing preliminary information from its Icelandic counterpart. BEA says the ...
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NewsOptimistic SAS lifts long-term financial forecast over strong demand
Scandinavian carrier SAS is reviewing long-term financial projections for 2024-26, with preliminary indications that stronger-than-expected demand will generate higher revenues and earnings towards the end of this period. SAS had previously estimated revenues of SKr49 billion ($4.7 billion) for 2026 but believes this figure will be greater, while it is ...
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NewsIAG agrees deal to acquire full control of Air Europa
Iberia parent IAG has agreed a deal with Air Europa owner Globalia to acquire the remaining 80% of the Spanish carrier in a transaction it expects to take 18 months to clear regulatory approvals.
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NewsIndustry recovery lifts ST Engineering’s aerospace revenue
The Commercial Aerospace division of ST Engineering saw revenue for its 2022 financial year rise 21% year on year to S$3 billion ($2.2 billion) as the aviation industry continued to recover from the coronavirus pandemic.