All News articles – Page 366
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Aegean full-year profit hopes boosted by strong second quarter
Greek carrier Aegean Airlines returned to profit in the second quarter after trebling revenues following a strong jump back in demand.
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United views Flydubai deal as crucial to broader pact with Emirates
United Airlines’ new codeshare deal with Emirates Airline includes a related agreement with Flydubai that United views as particularly valuable in expanding its international reach.
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Sweden’s Heart Aerospace scales up to develop 30-seat hybrid-electric ES-30
Sweden’s Heart Aerospace will now build a 30-seat hybrid-electric regional aircraft called the ES-30, dropping previous plans for a 19-seater called the ES-19.
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AirAsia’s Singapore flights to surpass pre-pandemic frequencies by year-end
AirAsia Aviation Group expects the number of weekly flights from Singapore to surpass pre-pandemic numbers by the end of the year, as it looks to – for the first time – operate widebodies on flights to the city state.
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Embraer picks OGMA as maintenance provider for Super Tucano customers
Embraer has appointed its Portuguese subsidiary OGMA as a service centre provider for the A-29 Super Tucano turboprop trainer and light-attack aircraft.
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Porter enters sale-and-leasebacks for a dozen E195-E2s
Canada’s Porter Airlines has added more lessors to its fleet-sourcing for Embraer 195-E2 twinjets, with sale-and-leaseback agreements for a dozen aircraft equally split between TrueNoord and funds linked to Apollo and Merx Aviation. The arrangement means the carrier has secured lease agreements with five lessors covering 26 E195-E2s. Porter ordered ...
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Bullish AirAsia Aviation targets 100 more jets, big cargo ramp-up
AirAsia Aviation Group expects to add 100 more aircraft across its airline units within the next five years – with its sister cargo unit taking “at least” 50 more freighters – amid optimism about growth prospects.
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Insurance firm Phoenix takes near-20% share of El Al loyalty programme
Israeli insurance firm Phoenix is taking a near-20% shareholding in flag-carrier El Al’s loyalty programme. Phoenix is exercising an option to acquire the 19.9% stake as part of a financing transaction sealed earlier this year. Under the agreement it is able to purchase up to 25% of the loyalty scheme, ...
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Ryanair and Lufthansa Group sign for sustainable fuel with OMV
Budget carrier Ryanair has reached a provisional agreement with Austrian energy firm OMV covering the supply of sustainable fuel at various airports. The memorandum of understanding will give Ryanair the ability to purchase up to 160,000t of fuel over the next eight years. Ryanair says the agreement will involve delivery ...
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Wizz Air firms purchase rights on another 75 A321neos
Central European budget carrier Wizz Air is exercising purchase rights to take another 75 Airbus A321neo twinjets. Chief executive Jozsef Varadi says the A321neo will provide a “strong platform” for the airline’s growth, and that Wizz remains “on track” to be a 500-aircraft group by the end of the decade. ...
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Northrop rolls out first Australian MQ-4C Triton
Northrop Grumman has rolled out the first MQ-4C Triton unmanned air vehicle for the Royal Australian Air Force.
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Gulfstream amped up software testing to meet FAA’s post-Max oversight
Gulfstream completed comprehensive “model-based” software validation to clear FAA’s new hurdles for software approval.
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Top Aces’ private F-16 fleet wins USAF contract for adversary air
The Canadian company flies the world’s only fleet of commercially-operated F-16 fighter jets, which will now go head to head against US Air Force pilots in training.
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United to fly non-stop to Dubai, partner with Emirates
United Airlines and Emirates Airline will partner on flights between the USA and the Middle East beginning next year.
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Airbus to expand SAF flight trials after A400M test success
Airbus Defence & Space has detailed its success with conducting a first flight of the A400M tactical transport using a partial sustainable aviation fuel (SAF) load earlier this year, and announced plans to expand the trials activity to its other platform types.
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Transport Canada certificates Pratt’s powerplant for Gulfstream’s G400
Canada’s civil aviation regulator has granted a type certificate to Pratt & Whitney Canada’s (P&WC) PW812GA, the engine that will power Gulfstream’s in-development G400 large-cabin business jet.
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Edelweiss chief adds leadership of Eurowings Discover
Lufthansa Group is to bring its two leisure carriers Edelweiss and Eurowings Discover under one leader as the chief executive of the Swiss unit is to take on the same role at the recently launched German operation.
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Korean consortium eyes Jeju UAM service in 2025
A South Korean consortium plans to start a commercial urban air mobility (UAM) service on the resort island of Jeju in 2025.
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Project Heart pushes ahead with sub-regional plans as phase 3 funding kicks in
A UK government-backed consortium seeking to develop technologies that could revolutionise sub-regional aviation could begin tests of a highly automated, retrofitable flight-control system as early as next July.
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Asia-Pacific recovery momentum expected to continue: IATA regional head
Asia-Pacific carriers are expected to continue recovery momentum through the end of the year – with profitability in the near-term – though a key challenge will be making sure capacity “can catch up” with demand.