All News articles – Page 345
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NewsWestJet’s acquisition of Sunwing raises red flags from competition regulator
A Canadian business-competition regulator has raised concerns about WestJet’s proposed acquisition of rival Sunwing Airlines, citing a “substantial lessening or prevention of competition in the sale of vacation packages to Canadians”.
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NewsGulfstream’s backlog growth slows but profits roll in
Backlog growth at General Dynamics’ aerospace business – which Gulfstream anchors – slowed in the third quarter of 2022 amid what an executive described as slightly cooling demand for business jets.
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NewsGulfstream parent warns of FAA delays to G700 certification, still hopes for mid-2023 approval
General Dynamics still hopes subsidiary Gulfstream will have its in-development G700 certified by mid-2023 but now cautions that the resource-constrained Federal Aviation Administration could impact the timeline.
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NewsHeathrow lifts passenger outlook but flags demand return ‘a number of years’ away
London Heathrow airport’s operator still does not expect demand to return to pre-pandemic levels for “a number of years” despite raising its passenger forecast for this year after a strong summer.
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NewsSaudia to launch eVTOL network with commitment for 100 Lilium jets
Saudia claims to be the first Middle East airline to commit to sustainable air mobility with plans to buy 100 aircraft from electric vertical take-off and landing (eVTOL) jet developer Lilium. Source: Saudia Saudia says the eVTOL aircraft will encourage sustainable tourism The Saudi Arabian national carrier ...
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NewsNorwegian trialling expansion beyond Nordics with Riga base
Norwegian views its plan to base two aircraft at Riga International airport from summer 2023 as a “kind of a test” regarding the viability of expanding beyond its current markets.
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NewsCommercial aircraft and defence divisions push Boeing to $3.3bn third-quarter loss
Despite recent positive momentum in its commercial aircraft business, Boeing lost $3.3 billion in the third quarter of 2022 as heavy losses in its defence unit took their toll.
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NewsAlaska orders 52 more 737 Max, preps to divest remaining Airbus jets
Alaska Airlines has ordered another 52 Boeing 737 Max jets and secured rights to purchase a further 105, aligning the airline’s future with the narrowbody as it aims to divest its remaining Airbus fleet next year.
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NewsAir Canada orders another 15 Airbus A220s
Air Canada has ordered another 15 Airbus A220-300s in a deal that brings the Montreal-based carrier’s total orders for the Canadian-built type to 60 jets.
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NewsNorwegian saw historic-high unit revenue during profitable third quarter
Scandinavian carrier Norwegian achieved an operating profit of NKr1.03 billion ($100 million) during the third quarter of 2022, driven by high unit revenue.
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NewsDovetail Aviation seals 10-unit order for electric conversions from South Korea’s MintAir
South Korean start-up MintAir has ordered up to 10 electric conversions from Dovetail Aviation as the Seoul-based company looks to complement a planned advanced air mobility service with zero-emission commuter aircraft.
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NewsAsia Pacific passenger recovery robust, though cargo outlook subdued: AAPA
Asia Pacific carriers continue to see robust recovery in their September passenger traffic, with load factors for the month closing in on pre-pandemic levels.
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NewsAsiana returns sole 747-400 to passenger service in China ramp-up
Asiana Airlines is to resume operating its sole Boeing 747-400 – Asia-Pacific’s last in-service example – as it ups capacity on its China network.
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NewsHawaiian Airlines loses $9.3m in Q3 as ‘international network is still rebuilding’
Hawaiian Holdings, parent company of Hawaiian Airlines, reported a third-quarter loss of $9.3 million as the carrier continues its pandemic recovery.
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NewsEmbraer-owned Portuguese maintainer OGMA secured approval to work on E-Jets E2
Portuguese maintenance shop OGMA has been certified to perform heavy maintenance on Embraer E-Jets E2, a move OGMA majority owner Embraer describes as further expanding its aftermarket reach.
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NewsBoeing delivers first upgraded Apache to Netherlands
The NATO country will ultimately enhance 28 of the attack helicopters, which its forces have operated since 1998.
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NewsJetBlue squeezes $57m profit in Q3
Positioning itself to consume a rival low-cost airline amid concerns from federal antitrust regulators, JetBlue Airways has reported a $57 million third-quarter profit.
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NewsRaytheon logs declines in defence sales despite billions in backlog
Sales of avionics, jet engines and precision missiles all declined year-over-year, despite surging defence spending and billions of dollars worth of backlogged orders.
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NewsMonte signs for Ampaire Eco Caravans in latest low-emission aircraft order
Monte Aircraft Leasing has placed its latest order for low-emission turboprop conversions, signing with hybrid-electric powertrain developer Ampaire for up to 50 nine-passenger Eco Caravans.
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NewsP&W’s commercial engine deliveries hit post-pandemic high in Q3 as profits soar
Pratt & Whitney delivered more large commercial aircraft engines in the third quarter of 2022 than in any period since early 2020, powering the engine maker to a $316 million quarterly operating profit, up 69% year on year.