All News articles – Page 67
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NewsAir France-KLM hit by disruption costs in loss-making end to profitable 2023
Air France-KLM made a loss in the fourth quarter of 2023, as costs relating to geopolitical developments in the Middle East and Africa contributed to its swing into the red but only slightly dented a positive full-year performance from the group.
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NewsEl Al defies impact of Gaza conflict to post fourth-quarter and full-year profits
Israeli flag-carrier El Al has fended off the impact of the Gaza conflict, posting a full-year pre-tax profit of $125 million, and a net of $117 million, after experiencing a strong fourth quarter. El Al generated full-year revenues of $2.5 billion, a rise of 26%, while operating expenses only increased ...
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NewsItaly to convert stored AEW-roled AW101s to amphibious support configuration
Italy’s navy is to boost its operational fleet of Leonardo Helicopters AW101 rotorcraft by removing the airborne early warning (AEW) system equipment installed on four stored examples.
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NewsIAG almost trebles operating profit in 2023
British Airways and Iberia parent IAG nearly trebled full-year operating profits in 2023 to just over €3.5 billion ($3.8 billion) after lifting revenue 28% during the year.
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NewsStrong MRO market lifts ST Engineering’s 2023 earnings
The Commercial Aerospace business of ST Engineering saw sharply higher revenue in 2023 on the back of freighter conversion and MRO activity.
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NewsAsia-Pacific airlines enjoyed strong January: AAPA
Asia-Pacific airlines had a good start of the year in January, with international passenger and cargo businesses improving year on year.
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NewsSingapore to obtain eight F-35As, adding to 12 on-order F-35Bs
Singapore has announced an intention to obtain eight Lockheed Martin F-35As, in addition to the 12 F-35Bs it has on order.
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NewsAsiana to retire its last passenger 747
Asiana Airlines is to retire its sole Boeing 747-400 by the end of March, marking the end of 747 operations for the South Korean carrier.
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NewsIcon ups A5’s gross weight and range with new four-blade prop
Icon Aircraft has increased the gross weight of its A5 light sport aircraft, allowing new-build A5s to carry more fuel and giving the type 2h more flight endurance.
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NewsInvestigations under way after fatal Norwegian S-92 accident
Investigations are under way after a search and rescue-configured Sikorsky S-92 operated by Bristow Group came down off the coast of Norway.
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NewsBell and Leonardo team up for military tiltrotor push including NGRC study work
Bell and Leonardo Helicopters are to work together to explore future military opportunities for tiltrotor technologies – dashing Airbus Helicopters’ hopes of an alliance with its European counterpart for an upcoming NATO contract.
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NewsGo-around after reverser activation left A320 crew startled by asymmetric thrust
Danish investigators have determined that an Airbus A320 crew’s aborting a landing, despite activating reverse-thrust, resulted in control difficulties as the aircraft climbed away with one engine’s reverser doors deployed. Both pilots were aware that selecting reverse-thrust meant committing to land, but investigation authority Havarikommissionen states that each was “convinced” ...
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NewsIAG secures large e-fuel commitment from US-based firm Twelve
British Airways and Iberia parent IAG has unveiled its largest sustainable aviation fuel purchase so far, with an agreement to take 260 million USgal (984 million litres) of synthetic e-fuel from California-based manufacturer Twelve. The ‘power-to-liquid’ e-fuel – or e-SAF – is generated by combining green hydrogen with carbon dioxide ...
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NewsOliver Wyman cuts 10-year aircraft fleet growth forecast amid industry pressure
The global commercial aircraft fleet and the aircraft maintenance market will grow slower than previously expected over the next decade due to tepid economic growth, regulations, constrained production of new aircraft and a pilot shortage.
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NewsColumbia Helicopters sets out standard for civil version of CH-47D Chinook
Columbia Helicopters is looking to capitalise on growing demand for commercial heavy-lift rotorcraft for firefighting and other utility missions as it pushes ahead with a new military-to-civil conversion development for the Boeing CH-47 Chinook.
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NewsUnited adds former Walgreens CEO Rosalind Brewer to board
United Airlines has added Rosalind Brewer, former chief executive of retail pharmacy and healthcare company Walgreens Boots Alliance, to its board of directors.
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NewsNorwegian refreshes visual identity after more than two decades
Scandinavian budget carrier Norwegian is to start rolling out a refreshed version of its corporate logo, for the first time since the airline emerged more than two decades ago. Norwegian says the new visual identity has a “richer” colour and updated typography. It says it will begin adopting the updated ...
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NewsAirbus Helicopters sees ‘no need’ for H125 successor now as programme nears 50-year milestone
Airbus Helicopters has no immediate plans to launch a new light single-engined rotorcraft as a replacement for the venerable H125, even as the programme closes on 50 years in service.
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NewsFAA gives Boeing 90 days to submit quality improvement plan
The Federal Aviation Administration has given Boeing a 90-day deadline to submit a plan detailing how it intends to address quality-control concerns recently identified by FAA investigators and by a separate safety review panel.
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NewsTHC plays down overexpansion fears as it unveils deals for almost 300 helicopters
Saudi Arabia’s The Helicopter Company (THC) will not grow too large, too soon, its chief executive insists, despite an orderbook that has ballooned with the signature of agreements for almost 300 new helicopters to be delivered by the end of the decade.