All News articles – Page 454
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NewsCovid-19 hammers Vietjet revenue in 2021
Vietnam low-cost carrier Vietjet Air had a challenging 2021, with revenue and gross profit down from 2020.
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NewsAir France-KLM eyes Leap engines for A320neo orders
Air France-KLM is in talks with CFM International over a potential Leap-1A engine deal to power its future fleet of Airbus A320neo and A321neo aircraft.
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NewsAustralia to accelerate JASSM-ER acquisition for Super Hornets
Canberra has approved an A$3.5 billion ($2.6 billion) plan to accelerate the acquisition of advanced strike capabilities, including the Lockheed Martin AGM-158 Joint Air-to-Surface Standoff Missile Extended Range (JASSM-ER).
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NewsUS defence budget marks start of five-year transition: US service chiefs
Chiefs of the US Navy, Marine Corps and Coast Guard say President Joe Biden’s fiscal year 2023 budget request represents the start of a five-year transition that will re-orient the US military to focus on countering China.
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NewsAir Lease orders another 32 737 Max
Air Lease, one of the world’s leading aircraft lessors, has ordered another 32 Boeing 737 Max narrowbodies, bringing its total orderbook for the jets to 130 and handing a important win to Boeing’s still-recovering single-aisle programme.
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NewsBeach towels inspire new Condor livery
German leisure carrier Condor has unveiled a new “brand identity” that will see its aircraft painted with a striped livery intended to evoke colours and designs associated with holidays.
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NewsRussian firm looks to shift carriers onto domestic booking platform
Russian state technology firm Rostec’s joint venture with Sirena-Travel is preparing to enable Russian carriers to transfer to a domestic reservations system, to protect against possible problems with foreign booking platforms. The venture, RT-Transcom, is carrying out preparations under a state order in order to “protect the industry”. It says ...
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NewsPiaggio sale spins up as five bidders conduct due diligence
Five potential buyers for Piaggio Aerospace have been given permission to conduct due diligence on the Italian manufacturer as the latest sale process gathers momentum.
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NewsRussian presidential decree orders aircraft lease payments in roubles
Russian president Vladimir Putin has issued a decree setting out measures for fulfilling aircraft and engine lease payments, stating that they will be met in Russian currency. The decree on “temporary procedures” to meet obligations to certain foreign creditors was signed on 1 April. Hundreds of aircraft leased to Russian ...
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NewsSAS commercial chief steps down for post in education sector
SAS is losing another senior executive in the space of two weeks, with the decision by chief commercial officer Karl Sandlund to step down. He is set to leave SAS by the beginning of October. His resignation comes two weeks after that of chief financial officer Magnus Ornberg. Sandlund has ...
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NewsRyanair expects full-year loss towards deeper end of guided range
Budget carrier Ryanair is expecting a full-year net loss of €350-400 million ($385-440 million), prior to exceptional items. This is towards the higher end of the previously-guided loss range of €250-450 million for the airline, whose financial year closed on 31 March. Ryanair says its full-year passenger numbers recovered to ...
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News737 Max faces mixed fate in China, as first delivery post-grounding looms
Two of China’s three largest carriers appear to be putting off taking new Boeing 737 Max aircraft in the near term, casting uncertainty the twinjet’s prospects in one of Boeing’s largest markets.
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NewsCanberra kills big acquisition of MQ-9B SkyGuardian
Canberra has moved to axe its acquisition of 12-16 General Atomics Aeronautical Systems (GA-ASI) MQ-9B SkyGuardian unmanned air vehicles (UAVs).
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NewsUS investigators assist probe into China Eastern 737 crash
US investigators have arrived in China to assist an ongoing probe into the crash of a China Eastern Airlines Boeing 737-800.
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NewsAmerican Airlines’ Isom becomes CEO as Parker retires
American Airlines’ Robert Isom has taken over the chief executive role from Doug Parker, who retired on 31 March, marking the end of a 36-year airline career.
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NewsDefiant X completes 700nm test flight ahead of Army air show
The airframe is being jointly developed by Sikorsky and Boeing for a competition to replace the US Army’s iconic UH-60 Blackhawk utility lift helicopter.
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NewsAir France to restore 90% capacity, introduce ‘shuttle’ to JFK
Air France will restore capacity to near pre-pandemic levels by what the airline hopes to be a strong peak summer travel season.
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NewsPobeda parks large part of fleet and concentrates Moscow network on Vnukovo
Aeroflot Group’s budget carrier Pobeda is to cut back its operations, putting 40% of its fleet into storage and trimming its network in response to the constraints on Russian air transport. It will maintain services with 25 Boeing 737s but park 16 others. The airline will also suspend the transfer ...
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NewsOzturk to succeed Nane as Pegasus Airlines chief executive
Pegasus Airlines’ chief commercial officer Guliz Ozturk will step up to lead the airline from 1 May, with current chief executive Mehmet Nane moving to a boardroom role.
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NewsITA reaches Airbus lease agreement with AerCap
Italian operator ITA Airways has reached a formal lease agreement for 12 Airbus aircraft, including a pair of A330neos, with AerCap. The agreement covers 10 A320neos in addition to the two long-haul twinjets. AerCap says the aircraft are scheduled for delivery to the new airline – which commenced operations last ...