All News articles – Page 432
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Singapore to resume Changi airport Terminal 5 project
Singapore is to restart work on the mega Terminal 5 project - with construction expected to commence within the next three years - amid optimism over projected air traffic recovery.
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Spirit will review JetBlue’s new offer, advises shareholders to sit tight
Spirit Airlines says it will review a new hostile takeover offer from JetBlue Airways but advised shareholders to take no action at this time.
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SMBC acquiring Goshawk to create lessor with over 700 aircraft
Japanese-owned SMBC Aviation Capital is to acquire fellow Irish-based lessor Goshawk Aviation under a transaction valued at $6.7 billion. It will create the second-largest lessor worldwide in terms of aircraft numbers, and the largest to be owned by Japanese interests. SMBC will take over Goshawk following an agreement with NWS ...
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Gol CEO Kakinoff to step down, Ferrer to take helm
Longtime Gol chief executive Paolo Kakinoff will step down from his post in July, with current chief operating officer Celso Ferrer to succeed him as CEO.
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Sweden confirms plan to request NATO membership
Swedish Prime Minister Magdalena Andersson has confirmed her government’s intention to request the nation’s accession to NATO.
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JetBlue urges Spirit shareholders to scuttle planned Frontier acquisition
JetBlue Airways has launched another push to take over Spirit Airlines by urging the low-cost carrier’s shareholders to vote against a planned acquisition by Frontier Airlines.
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O’Leary sees strong summer peak but cautions recovery is still ‘fragile’
Ryanair chief executive Michael O’Leary says the carrier is reluctant to offer profit guidance for the coming financial year based on the “fragile” nature of the travel industry’s recovery and the potential for future headwinds such as a recession or a resurgence of Covid-19.
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China’s shut borders ‘clearly disappointing’, but not challenge to recovery: Walsh
While it is ‘clearly disappointing’ that China continues to pursue a zero-infection strategy, IATA director general Willie Walsh has downplayed any notions that the country’s continued closure will pose a key challenge in the region’s recovery.
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First customer C919 conducts maiden test flight
China’s first Comac C919 bound for a customer has carried out its first test flight, with a 3h sortie from Shanghai. The twinjet, powered by CFM International Leap-1C engines, lifted off from Pudong airport at 06:52 on 14 May. Comac says the aircraft (B-001J) flew for 3h 2min, and that ...
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E175 operators ordered to check for tip cracks after winglet-loss incident
Brazilian authorities have ordered Embraer 175 operators to conduct urgent checks for wing-tip cracks, following the in-flight loss of a winglet on the variant. Civil aviation regulator ANAC says there is a “possibility of cracks development” on the wing-tip connection area. “[This] can affect its structural integrity to the point ...
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Ryanair predicts summer capacity and peak fares will exceed pre-crisis levels
Budget carrier Ryanair is aiming to reach a fleet of 70 Boeing 737 Max 8-200s for the summer peak, up from the previous target of 65, as it seeks to deploy summer capacity 15% above the pre-crisis level of 2019. It is “cautiously optimistic” that the summer fare peak will ...
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Russian pilots in Ukraine using insecure, non-military navigation equipment: UK defence secretary
UK Secretary of State for Defence Ben Wallace has said Russian forces are ‘failing’ in Ukraine, describing downed Su-34s with off-the-shelf GPS receivers taped to flight controls.
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Rolls-Royce hopeful on more 787 wins for Trent 1000 as durability issues fade
Rolls-Royce is hopeful that it can increase the market share of its Trent 1000 on the Boeing 787 now that the engine’s durability issues are, in its view, behind it.
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United to ‘gradually’ return PW4000-powered 777s to service from 26 May
At the end of this month, United Airlines plans to begin “gradually” reintroducing to service its 52 Pratt & Whitney PW4000-powered Boeing 777s that have been grounded since February 2021 following an in-flight engine failure.
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Lockheed sees numerous growth areas including FLRAA, precision weapons: CFO
Lockeed Martin sees increased sales of precision weapons, higher levels of defence spending by European countries, and a forthcoming decision on the US Army’s first new rotary aircraft program in decades as positive signs.
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Norwegian chief says rest of year is ‘cost game’ after Q1 disappointment
Scandinavian airline Norwegian is hoping to benefit from improved economies of scale during 2022 after a ‘disappointing’ first quarter of the year.
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Pilots of PA-28 lost over Channel unqualified to fly in cloud
UK investigators examining the disappearance of a Piper PA-28 light aircraft over the English Channel have disclosed that its pilots were flying through cloud, despite neither being qualified for instrument conditions, when contact was lost. The single-engined PA-28 was one of a group of seven aircraft undertaking a Channel crossing ...
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Norwegian talks to Airbus and Boeing over desire to own 'maybe over 50%' of its fleet
Scandinavian low-cost carrier Norwegian has ambitions to own a significant proportion of its fleet, as looks beyond the leased capacity already secured for the 2023 summer season.
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Over half of Emirates A380s have returned to service
Middle Eastern carrier Emirates had returned more than half of its Airbus A380 fleet to service by the end of the financial year in March, having already restored full Boeing 777 operations. Passenger seat capacity for the company over 2021-22 was around 56% down on pre-crisis levels, according to the ...
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Dubai government injects more capital into Emirates as it looks to restore profits
Emirates Group has disclosed that it received a Dubai government capital injection of Dhs3.5 billion ($954 million) during the last financial year, in which the company turned in a loss of Dhs3.8 billion. But the group, which also benefited from Dhs11.3 billion in government aid the year prior, is expecting ...