All News articles – Page 299
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NewsJetBlue posts $24m profit in Q4 as travel spending outruns costs
JetBlue Airways posted a $24 million profit in the final quarter of the year as end-of-year travel spending rose to compensate for higher costs, especially for jet fuel.
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NewsAlaska follows Airbus A320 retirements with Dash 8 withdrawal
Alaska Airlines unit Horizon Air today operates the last of its De Havilland Canada Dash 8-400s flights after Alaska earlier this month retired the last of its Airbus A320 fleet as part of its accelerated fleet transition announced last year.
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NewsWizz Air summer expansion based on ‘safe’ network growth: Varadi
While Wizz Air plans to increase its capacity 30% this summer, the airline’s chief executive Jozsef Varadi believe this represents a safe way of growing, given expansion is weighted on adding frequencies and has a focus on maturing markets.
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NewsJAL invests in sea-glider start-up Regent Craft
Japan Airlines Innovation Fund, the venture arm of the Japanese carrier, has invested in start-up sea glider developer Regent Craft.
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NewsAmerican turns $127m profit in 2022 as soaring expenses eat into record revenues
American Airlines made a $127 million profit in 2022 as surging expenses offset what was a record year of revenue for the Fort Worth-based carrier.
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NewsLeonardo Helicopters ditches HTS900 engine from AW09 in favour of Safran Arriel 2K
Leonardo Helicopters has dropped the Honeywell HTS900 powerplant from the Kopter AW09 light-single, replacing it with the Safran Helicopter Engines Arriel 2K.
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NewsWizz sees strong summer ahead as currency gains boost third quarter
European budget carrier Wizz Air is confident of returning to profit and pre-Covid utilisation in the next financial year after more than doubling its revenues in its latest financial quarter.
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NewsItalian industry cements its role in GCAP fighter effort
Italy’s leading defence companies have signed a contract to advance the nation’s role in the UK-led Global Combat Air Programme (GCAP), which seeks to deliver a new manned Tempest fighter and complementary systems for operational use from 2035.
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NewsPolice UAV operator ‘saturated’ before collision with landing Cessna
Canadian investigators believe the police operator of an unmanned aerial vehicle became task-saturated, and unaware of a collision risk, before the craft was struck by a Cessna 172N flown by a student on a training flight. York Regional Police was operating the drone in the vicinity of Toronto-Buttonville municipal airport ...
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NewsAirAsia Aviation units still below half pre-Covid traffic, despite ‘strong recovery path’ in 2022
AirAsia Aviation units were operating at less than half of pre-pandemic capacity – with total passenger volume also far from 2019 levels – despite seeing an “exceptional increase” in demand as international travel resumed in 2022.
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NewsJet2 believes full-year financial results will beat expectations
UK leisure carrier Jet2 is forecasting it will exceed full-year financial expectations, with a profit of £370-385 million ($458-476 million) after winter bookings strengthened. Jet2 states that average load factors, as a result, are slightly ahead of the pre-pandemic winter 2018-19 season, compared with a 24% hike in capacity. The ...
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NewsBoeing still coping with ‘unstable’ 737 delivery pace
Boeing expects to deliver between 30 and 40 737s monthly in 2023 – and where it falls in that range will depend largely on its ability to fix supply and labour issues.
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NewsIndia domestic traffic rises 47% in 2022
Indian airlines saw a significant increase in domestic traffic in 2022 as pandemic restrictions eased, with Tata Sons-owned Vistara and Air India clawing back market share.
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NewsHawaiian restores flights between Honolulu and Fukuoka, Japan
Hawaiian Airlines is reinstating more flights to Japan, its most important overseas market, as it rebuilds its network in the Asia-Pacific region after almost three years of coronavirus-driven restrictions.
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NewsBoeing’s truss-braced-wing demonstrator will ‘definitely’ inform next aircraft: CEO
Boeing chief executive David Calhoun insists future narrowbody commercial aircraft will benefit from technologies advanced as part of Boeing’s partnership with NASA to develop a truss-braced-wing demonstrator.
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NewsBoeing pushes back plan to bring 787 production to five monthly
Boeing has delayed until later this year a plan to bring 787 production to five aircraft monthly, citing a production slowdown due to a “supply constraint”.
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NewsSwiss starts flying A340s with premium-economy cabins
Lufthansa Group carrier Swiss has started flying Airbus A340-300s fitted with premium-economy seating. Swiss is retrofitting all four of its A340s with the seats, the first of which (HB-JMB) commenced services with the new configuration on 24 January with a Zurich-Johannesburg flight. The airline says the A340s will all be ...
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NewsAirbus promises to be ‘voice of reason’ in face of eVTOL hype
Airbus Helicopters intends to be the “voice of reason” in the emerging market for electric vertical take-off and landing (eVTOL) aircraft, arguing that the industry is making too many unrealistic promises about service entry.
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NewsTextron confident Bell’s FLRAA win will survive Lockheed challenge
The parent company of helicopter manufacturer Bell is confident the company’s win in the US Army’s Future Long Range Assault Aircraft contest will be upheld, amid a challenge from competitor Lockheed Martin.
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NewsTextron Aviation’s 2022 profit jumps as supply chain troubles disrupt production
Textron Aviation turned a $584 million profit in 2022, a year in which parts shortages held up production even as demand for new business aircraft remained strong.