All News articles – Page 304
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NewsEmbraer swings to $29 million first-quarter profit as business jet deliveries soar
Embraer turned a $28.7 million profit in the first quarter of 2024, a significant year-on-year improvement coming amid significantly better results from the company’s business aviation division.
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NewsNolinor bolsters Northern Canada network with new Edmonton base
With plans to step up flying in support of mining activity in Nunavut, Canadian charter carrier Nolinor Aviation is establishing a secondary base in Edmonton.
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NewsH3 Dynamics to supply fuel cells for Airbus UpNext HyPower APU project
Toulouse-based H3 Dynamics has been contracted by Airbus UpNext to supply a 0.5MW hydrogen fuel cell system for the latter’s HyPower demonstrator project.
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NewsElectron charges ahead with ambitions for all-electric five-seater
Dutch electric aircraft start-up Electron Aerospace is pressing ahead with a goal of securing certification and entry into service by 2028 for its five-seater Electron 5 aircraft but concedes the timing hinges on securing additional funding.
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NewsLilium wins 20-unit deal from Florida start-up UrbanLink
Lilium has secured a 20-unit order for its electric vertical take-off and landing (eVTOL) Lilium Jet from Florida-based start-up UrbanLink.
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NewsEtihad engineering arm and other MRO entities absorbed by Abu Dhabi Aviation
Middle Eastern service provider Abu Dhabi Aviation has acquired Etihad Engineering as well as Advanced Military MRO Centre, plus a 50% stake in Global Aerospace Logistics, to establish an operation with broad range of capabilities. It is taking the stakes from Abu Dhabi investment holding ADQ which, in turn, will ...
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NewsBonza unlikely to see return of seized fleet, as grounding drags on
Bonza is unlikely to get its fleet of seized Boeing 737 Max 8 jets back from lessor AIP Capital, adding to the embattled low-cost carrier’s woes as its suspension of operations is extended for another week.
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NewsLufthansa names Amadeus CFO as new group finance chief
Lufthansa Group has named Till Streichert, chief financial officer of technology firm Amadeus, as its new finance head in succession to Remco Steenbergen.
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NewsUnidentified customer orders over 50 A321neos
Airbus has revealed an order for 51 A321neos placed by an undisclosed customer in its latest backlog figures. The 18 April agreement was the most significant activity recorded by the airframer during the month. British Airways is taking five single-aisle jets – three A320neos and two A321neos – while Airbus ...
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NewsEmirates expanding cabin retrofit to cover 110 A380s and over 80 777s
Middle Eastern carrier Emirates is to expand a cabin refurbishment programme to cover a total of 110 Airbus A380s.
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NewsAn-2-based drone completes cross-sea flight carrying seeds
An unmanned Chinese aircraft has carried out the country’s first cross-sea flight of a cargo drone between two provinces.
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NewsJakarta seeks to cut KF-21 financial commitment by 62%
Indonesia is reportedly seeking a major reduction in its funding commitment for the Korea Aerospace Industries KF-21 fighter.
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NewsSIA and Scoot to be first customers for Singapore-produced SAF
Singapore Airlines and its low-cost unit Scoot have become the first customers for sustainable aviation fuels (SAF) produced in Singapore, following an order for 1,000t of neat SAF from producer Neste.
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NewsChinese fighter drops flares in path of Australian MH-60R
A Chinese fighter has conducted a dangerous intercept of a Royal Australian Navy helicopter operating in international waters in support of sanctions against North Korea.
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NewsMesa granted another 180 days to show stock worth more than $1 per share
Struggling US regional airline company Mesa Air Group remains at risk of de-listing on the Nasdaq stock exchange, needing to show that its share price can consistently close higher than $1.
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NewsFormer Southwest sales chief joins Wheels Up as chief commercial officer
Former Southwest Airlines executive Dave Harvey will become US charter aircraft provider Wheels Up’s chief commercial officer starting 20 May, an appointment coming as the company continues a broad restructuring.
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NewsMagnix names Reed Macdonald as new CEO
Electric propulsion developer Magnix has named longtime avionics and finance executive Reed Macdonald as its next chief executive, filling a role held until recently by former Rolls-Royce executive Nuno Taborda.
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NewsPentagon to accelerate fielding of AeroVironment Switchblade 600 loitering munition
AeroVironment’s Switchblade 600 is now the first lethal platform to be officially purchased under the Pentagon’s so-called Replicator initiative to field mass numbers of autonomous combat systems.
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NewsPyka reveals militarised version of Pelican cargo UAV
Electric aircraft start-up Pyka is expanding into the defence realm, teaming with defence systems provider Sierra Nevada to offer a militarised version of the company’s Pelican uncrewed cargo aircraft.
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NewsUS government approves Frontier to use new trade name ‘Frontera’
US discount carrier Frontier Airlines has received approval to use the new trade name “Frontera” for at least some of its operations, though details about the plans remain unclear.