All News articles – Page 477
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SpiceJet swings to Q3 profit on revenue uptick following Max settlement
India’s SpiceJet returned to profitability in its third-quarter earnings on the back of “significant improvement” in domestic travel demand.
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China’s J-10C secures Pakistan as its first export market
Pakistan appears to have become the first export customer for the Chengdu J-10 fighter, with images of J-10Cs in Pakistan air force markings appearing on Chinese social media.
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China’s ‘Big Three’ paint mixed picture of January domestic traffic
China’s three largest carriers reported mixed domestic traffic results in January, as the Omicron variant of the coronavirus damps air travel demand.
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Pel-Air wins Victoria air ambulance tender
Regional Express (Rex) unit Pel-Air has won a 12-year tender to provide air ambulance services in Australia’s Victoria state.
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US Navy CMV-22B secures initial operational capability
The US Navy has awarded the Bell Boeing CMV-22B Osprey tiltrotor with its initial operational capability (IOC).
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Qantas picks Airbus for A321P2F systems upgrade
Qantas has signed an agreement with Airbus for a series of modifications and upgrades to its Airbus A321 passenger-to-freighter aircraft.
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Asiana returns to profitability in 2021, as cargo lifts revenue
Asiana Airlines’ cargo business provided a significant boost to the carrier’s earnings, helping the carrier eke out a modest profit after a loss-making 2020.
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AirAsia X sees MYR11.4 million operating loss in Q2
Malaysian long-haul, low-cost carrier AirAsia X posted an operating loss of MYR11.4 million for its second quarter ended 31 December 2021.
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Delta network planning exec Laurence resigns after just one month
Delta Air Lines says a top executive has resigned just one month after he arrived at the carrier.
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Air Canada reverses decision to cancel 12 A220s, will take the jets after all
Air Canada now intends to make good on taking delivery of 12 ordered Airbus A220s that it had previously intended to cancel.
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Measures prompt Lufthansa to rule out compulsory pilot redundancies
German carrier Lufthansa Airlines has lifted the threat of needing to make compulsory redundancies among its pilots through a series of measures aimed at reducing staff levels in light of the pandemic-hit on demand.
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Air Canada reports heavy 2021 loss but plans significant growth in 2022
Air Canada logged another year of steep losses in 2021 though its overall financial position improved and the airline plans significant 2022 expansion.
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How Sumati Sharma took on aviation’s gender imbalance
As an Oliver Wyman partner and former member of Virgin Atlantic’s leadership team, Sumati Sharma is the driving force behind a charter that pledges signatories to work to create a less male-dominated aerospace industry
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Norwegian to fly 80-85 aircraft in summer 2023
Restructured low-cost carrier Norwegian is looking to bring in new aircraft for next summer as it aims to rebuild its fleet to between 80 and 100 aircraft by 2024.
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How Singapore show highlighted the changing world of aviation
Covid-19 might have reshaped aviation, but some things stay the same. Boeing and Airbus will always be slugging it out.
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EASA explores take-up of anti-incursion concept to cut runway risk
European regulators are to examine the degree to which a crucial safety concept, intended to avoid runway incursions, is being implemented at airports, in order to provide a clear basis for any potential legislative measures. The concept is known as ‘triple one’ – for ‘one runway, one frequency, one language’ ...
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IndiGo co-founder Gangwal to ‘slowly reduce’ stake
Co-founder of Indian low-cost carrier IndiGo Airlines Rakesh Gangwal has stepped down from the board of the airline’s parent company as he plans to reduce his stake over the coming years.
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Gatwick slot sales and improved demand help Norwegian to profit
A sale of some of its slots at London Gatwick airports together with ongoing benefits from its restructuring and improved travel demand helped Norwegian post a small pre-tax profit for the fourth quarter and the the full-year.
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Qantas ‘Project Sunrise’ A350 talks ongoing as Airbus touts widebody family credentials
Discussions with Qantas about firming up its order for Airbus A350-1000s to operate ultra-long-haul flights are still ongoing, but Airbus is optimistic of the outcome.
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Asia Digital Engineering ‘keen to’ expand MRO capabilities as region rebounds
Asia Digital Engineering (ADE) — the AirAsia-linked MRO unit of Capital A group — has begun work to build a sprawling facility at Kuala Lumpur International Airport (KLIA), as it eyes expanding its maintenance capabilities to more aircraft types.