All News articles – Page 383
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Spirit blames slower recovery on air traffic control issues in Florida
Spirit Airlines is blaming its slower post-Covid recovery in part on air traffic control staffing issues in its home state of Florida.
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LATAM benefits from easing of travel restrictions in Q2
LATAM Airlines Group benefited from increased passenger demand during the second quarter of 2022 as numerous Latin American countries relaxed travel restrictions, making travel easier than it has been for two years.
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Joby expands military partnership in eVTOL development
The California developer of electric vertical take-off and landing (eVTOL) aircraft says a modification to its existing contract under the US Air Force’s Agility Prime programme is worth $45 million.
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Boeing resumes 787 deliveries, handing aircraft to American Airlines
American Airlines has taken delivery of the first Boeing 787 Dreamliner to leave the production line after the US aviation regulator green-lighted the airframe following a 21-month pause
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United pays first installment of $10m to Archer for air taxis
United Airlines has paid air-taxi developer Archer Aviation $10 million in a first installment on its conditional order with the start-up, representing what the companies say is a “watershed moment” for the electric vertical take-off and landing (eVTOL) industry.
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Beta ALIA becomes latest eVTOL to secure Bristow custom
Helicopter operator Bristow Group is ordering up to 55 eVTOL aircraft, further cementing its venture into the emerging electric aviation sector. The company has signed for US firm Beta Technologies’ ALIA-250 which will be capable of accommodating a pilot and five passengers. Bristow’s agreement for five firm and 50 optioned ...
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TUI blames UK flight-disruption costs for third-quarter losses
Leisure company TUI would have generated positive third-quarter earnings but for the operational disruption to its flights, mainly at UK airports, during the period. TUI puts the cost of flight disruption at €75 million ($76 million) but states that the resulting EBIT loss of €27 million for the three months ...
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Avianca seeks urgent integration of financially-pressured Viva
Colombian operator Avianca is seeking to accelerate closer ties with Latin American low-cost carrier Viva, in order to protect the budget airline. Avianca has requested authorisation from the Colombian civil aviation regulator to integrate Viva over concerns about Viva’s ability to compete in the face of increased financial pressures. Viva ...
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Cathay Pacific cuts losses despite ‘particularly unfavourable’ start of year
Cathay Pacific Group narrowed its losses for the six months to 30 June on the back of a significant jump in passenger travel revenues, despite what it calls a “particularly unfavourable” operating environment at the start of the year.
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Taiwanese carriers remain in the black amid rising costs
Taiwan’s two largest carriers were profitable in their second-quarter financial results, even as costs and expenses continued to steadily increase.
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Russian airbase in occupied Crimea rocked by explosions
The strategically important Black Sea peninsula was annexed by Russia in 2014 and is home to air fields and naval bases.
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Chinese aircraft continue heavy activity around Taiwan as Beijing extends military exercises
The island nation’s defence ministry says dozens of Chinese military aircraft are still operating around the disputed territory, with Beijing extending its exercises in the area.
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ASL takes full control of maintenance firm X-air Services
ASL Holdings has taken full control of X-air Services, the Belgian MRO joint venture it co-owns with Sabena Technics.
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Boeing notches 130 new orders in July, delivers 26 jets
Boeing landed new orders for 130 aircraft in July, most of which were 737 airframes, with four cancellations.
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Spirit cuts Q2 losses as revenue lift counters rising costs
JetBlue-bound discount carrier Spirit Airlines cut its pre-tax losses for the second quarter to $67.5 million as better than expected revenues helped counter higher fuel costs for the period.
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Pratt-powered MC-21 engines swapped to pursue PD-14 certification
Russian airframer Irkut is preparing to conduct test flights with an MC-21-300 whose engines are being swapped from foreign-built to domestically-built powerplants. The aircraft, number 73051, was originally an MC-21-300 variant fitted with Pratt & Whitney PW1400G engines. But Russian state technology firm Rostec says the aircraft will be tested ...
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Frankfurt hikes passenger forecast but expects to miss satisfaction targets
Frankfurt Main airport’s operator admits passenger satisfaction targets will probably not be reached this year, as operational capacity bottlenecks persist. Operator Fraport states, in its first-half briefing, that almost 21 million passengers passed through the hub over the six months to 30 June – although this was still 38% below ...
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US inquiry probes fatal Cessna-Piper collision on approach path to same runway
US investigators probing a fatal mid-air collision between two light aircraft at North Las Vegas airport are trying to ascertain why both appeared to be on the approach path to the same runway. The aircraft collided on 17 July around 0.25nm from the end of runway 30R which runs parallel ...
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Mitsubishi Heavy aerospace business sees profit jump despite revenue dip
Mitsubishi Heavy Industries’ (MHI) aircraft, defence and space unit posted an operating profit of Y6.5 billion ($48.2 million) for the three months to 30 June, helped by strong performance across the business.
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Mesa posts fiscal Q3 loss amid increasing pilot shortage issues
Mesa Air Group, the parent company of Mesa Airlines, posted a loss for its fiscal third quarter as the company’s block hours fell and it continues to suffer from the pilot shortage.