All News articles – Page 282
-
NewsFA-50 wins Malaysia’s light combat aircraft competition
The Korea Aerospace Industries FA-50 has won Malaysia’s Fighter Lead In Trainer-Light Combat Aircraft requirement for 18 aircraft.
-
NewsBangkok Airways slashes full-year loss on Thai tourism recovery
Bangkok Airways narrowed its operating loss for 2022, as revenues doubled on the back of significant growth in passenger numbers.
-
NewsBoeing once again halts 787 deliveries, this time due to ‘analysis error’
Boeing has once again halted deliveries of its 787 Dreamliners due to what it calls “an analysis error” by one of its suppliers.
-
NewsAmerican’s Smith will succeed Parker as chairman of the board
American Airlines has named current board member Greg Smith as its new chairman, succeeding Doug Parker, who is retiring.
-
NewsAvelo targets three more underserved US airports for nonstop service
Discount start-up Avelo Airlines is planning a springtime expansion of its national network with three new destinations in Colorado, Texas and Virginia, bringing the total number of cities it serves to 35.
-
NewsSoon-to-be-acquired Atlas Air posts profitable Q4, but cargo demand slips from 2021
US air cargo company Atlas Air Worldwide made $126 million during its fourth quarter of 2022 and $356 million for the full year – “one of the best years in Atlas’ history”, chief executive John Dietrich said on 23 February. The freight hauler’s results were down from 2021, however.
-
NewsBoeing to cease F/A-18 production by end-2025
On 23 February, Boeing disclosed plans to cease production of the venerable fourth-generation fighter in late 2025 after delivering the final jet to the US Navy.
-
NewsAir Canada and United to offer more than 260 daily transborder flights from June
Star Alliance partners Air Canada and United Airlines are upping their offering between the USA and Canada during the upcoming Northern Hemisphere summer travel season.
-
NewsBoeing shifts stance on prime contractor role for NMH
Boeing has shifted its approach to the UK’s New Medium Helicopter (NMH) contest and is no longer pursuing the requirement as a prime contractor, FlightGlobal understands.
-
NewsNew Rolls-Royce chief tears into underperformance and strategic weakness
New Rolls-Royce chief executive Tufan Erginbilgic has given a withering assessment of the company’s strategic and financial performance as it unveiled its full-year results. Rolls-Royce has been “underperforming for an extended period”, he said during a presentation on 23 February. “Cash generation is unsatisfactory. Our debt is still too high. ...
-
NewsGA manufacturers shrug off supply chain snags with strong 2022 performance
The body that represents business and general aviation manufacturers is putting a positive spin on supply chain pressures that have led to customers waiting longer for aircraft, suggesting they put a helpful “governor” – or speed limiter – on unsustainable demand.
-
NewsBAE reports record order intake, as chief executive eyes future growth
BAE Systems secured orders worth £37 billion ($44.5 billion) in 2022, up from almost £21.5 billion during the previous 12 months.
-
NewsOmani government to permit Israeli overflights: ministry
Oman has become the latest Middle Eastern state to allow transit of Israeli aircraft, a decision which will enable a reduction in flight times for carriers operating Asian routes to and from Tel Aviv. The opening of Omani airspace follows several months of discussions between the two sides, and comes ...
-
NewsST Engineering sets up new MRO joint venture in Hubei, China
ST Engineering has entered into a joint venture with cargo operator SF Airlines to set up a MRO unit in Mainland China, as it eyes “rising opportunities” in MRO demand in China and Asia-Pacific.
-
NewsRolls-Royce civil aerospace profits up but company 'capable of much more': CEO
Large engine flying hours for Rolls-Royce increased further last year, but remain 35% below the pre-crisis level of 2019, the manufacturer has disclosed. But it expects this gap to reduce to 10-20% this year following the easing of travel restrictions in China. Rolls-Royce large civil engine deliveries reached 190 – ...
-
NewsHong Kong eyes return of international aviation hub status
Hong Kong has pledged to reclaim its status as an international aviation hub, as it introduces a raft of measures to boost the recovery of passenger traffic at Hong Kong international airport (HKIA).
-
NewsQantas reveals ‘Project Sunrise’ premium cabin products
Qantas has unveiled first and business class cabin product concepts for its Airbus A350-1000s, which will operate the ultra-long-haul ‘Project Sunrise’ flights from Australia’s east coast to New York and London.
-
NewsQantas picks up used jets amid delivery delays
Qantas Group is to add used and wet-leased narrowbodies over the next two years, as part of near-term measures to mitigate aircraft delivery delays while boosting capacity.
-
NewsAir NZ swings back to profitability on air travel recovery
Air New Zealand swung to a pre-tax profit of NZ$299 million ($185 million) in the first half of its 2023 financial year, riding a strong recovery in domestic and international air travel.
-
News‘Huge turnaround’: Qantas reports record half-year profit on strong demand, higher yields
Australia’s Qantas Group swung back to profitability on the back of “robust” travel demand and higher yields, despite being hit by a series of operational snags.