All News articles – Page 472
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NewsEtihad still ‘on’ for reaching profit in 2023: Douglas
Etihad Airways group chief executive Tony Douglas believes the restructured UAE carrier is still on track to meet its original target of returning to profit in 2023 despite the negative impact of the pandemic.
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NewsCargo and strong second half help Etihad cut losses in 2021
Etihad Airways cut its full-year core operating loss to $476 million for 2021, aided by improved passenger demand in the second half and record cargo revenues.
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NewsTurkish Airlines returns to profit despite lagging passenger revenues
Turkish Airlines generated a full-year net profit of $959 million for 2021, sharply reversing the net loss of $836 million for the previous year and exceeding pre-crisis performance. International passenger revenues were $5.5 billion, down 44% on pre-crisis levels, while domestic revenues, which make a much smaller contribution, were down ...
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NewsBoeing temporarily shuts Kyiv office, Moscow simulator campus
Boeing has temporarily closed its Kyiv office and suspended operations at its Moscow Training Campus following Russia’s invasion of Ukraine.
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NewsCapital A upbeat despite aviation revenue dive in 2021
The aviation business of Malaysia’s Capital A – formerly the AirAsia Group – saw aviation revenue plummet by two thirds in a brutal 2021 financial year. For the year ended 31 December 2021, the group’s aviation business posted revenues of MYR997 million, down 65% from 2020, according to its full-year ...
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NewsThai narrows 2021 operating losses amid revenue plunge
Thai Airways narrowed its operating losses in 2021, while revenue declined sharply from 2020.
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NewsUkraine, energy prices will add to region’s travel challenges: AAPA
The Association of Asia Pacific Airlines (AAPA) warns that the Ukraine crisis and higher fuel costs will hurt the region’s airlines, which are still struggling with travel restrictions.
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NewsJetlines’ first aircraft arrives in Canada as launch timeline slips
Canada Jetlines’ first aircraft has arrived in Canada, as the company’s timeline to launch revenue flights slips to mid-2022.
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NewsItaly signs new C-130J support deal with industry
Italy’s defence ministry has signed a €380 million ($426 million), five-year contract covering in-service support for its air force fleet of Lockheed Martin C-130J tactical transports.
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NewsAirbus rejects Qatar claims for compensation over A350 grounding
Airbus has submitted a robust legal defence against Qatar Airways over the carrier’s grounding of several A350s, insisting the aircraft does not suffer from a design defect and that skin-paint deterioration is not an airworthiness issue. The airframer has filed a defence and counterclaim in its legal dispute with the ...
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NewsUS Marine Corps pilot discusses landing F-35B on Japanese carrier
US Marine Corps Lieutenat Colonel Robert Guyette added a footnote to aviation history on 3 October 2021, when he became the first pilot to land a fixed-wing aircraft aboard a Japanese carrier since the 1940s.
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NewsNorwegian leases 18 737s to build capacity for summer seasons
Scandinavian budget carrier Norwegian is to lease 18 Boeing 737s, including several Max variants, from AerCap to build its fleet over the next two summer seasons. The agreement covers eight 737-800s which will be part of a 70-aircraft fleet operated by the carrier for summer this year. It will also ...
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NewsFinnair faces significant Asian network impact from airspace closures
Finnair is working on cost-saving and traffic contingency plans, as it warns of potential significant financial impact from closure of Russian airspace to its flights. Russian overflights are important to European operators serving routes to the Asia-Pacific region, and Finnair has a strong dependency on Asian routes, having followed a ...
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NewsLockheed to integrate LRASM with RAAF Super Hornets
Lockheed Martin has secured a contract to integrate the AGM-158C Long-Range Anti-Ship Missile (LRASM) with Boeing F/A-18F Super Hornets operated by the Royal Australian Air Force (RAAF).
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NewsAvenger, virtual swarm in autonomous engagement with simulated threat
General Atomics Aeronautical Systems has conducted a live/virtual unmanned air vehicle (UAV) swarm test against a simulated air-to-air opponent.
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NewsStatus of An-225 Mriya in question; Ukraine claims Russian aircraft kills
Conflicting news has emerged about the status of the Antonov An-225 Mriya, the world’s largest aircraft, as Ukraine claims to have downed 74 Russian aviation assets.
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NewsEU proposes comprehensive ban on Russian commercial and business flights
European airspace is to be completely closed to Russian aircraft, under a new package of sanctions developed to respond to the conflict in Ukraine. The European Commission president, Ursula von der Leyen, has unveiled the proposal for the complete prohibitions of aircraft registered, owned or controlled by Russian entities. “We ...
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NewsUS, Mexican regulators make ‘significant’ safety progress: Volaris CEO
Mexican ultra-low-cost carrier Volaris expects the Federal Aviation Administration will restore Mexico’s aviation safety rating in the second half of 2022 as it seeks to expand between the USA and Mexico – the backbone of its business.
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NewsDelta withdraws codeshare with Aeroflot
Delta Air Lines has cut ties with its alliance partner Aeroflot after the Russian military invaded Ukraine earlier this week
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NewsBAE Systems boss eyeing further Typhoon sales opportunities
BAE Systems sees opportunities to extend production of the Eurofighter Typhoon beyond current orders for the type, as the company draws close to delivering its first example to Qatar.