Administrators assessing financial position as Air Vanuatu enters liquidation process
Administrators are assessing the financial position of South Pacific island operator Air Vanuatu after it named financial firm EY as liquidator and grounded flights on 9 May.
Korean aircraft sale suggests 747-8I derivative to replace E-4B
The sale of five Korean Air aircraft to Sierra Nevada Corporation suggests that a derivative of the Boeing 747-8I could replace the US Air Force’s E-4B “Doomsday” aircraft.
Thai Airways to exit restructuring in 2024 as first-quarter profit shrinks
Thai Airways International expects to wrap up its restructuring this year, capping off close to four years of business rehabilitation following the Covid-19 pandemic.
Comac to reportedly expand C919 production lines following mega orders
Comac is looking at expanding production capacity for its C919 narrowbody programme, as its order backlog continues to grow.
Australian E-7A helps Filipino, US aircraft sink decommissioned ship
Aviation assets from Australia, the Philippines, and the USA have participated in a joint training effort to target and destroy a decommissioned ship.
Saab 340 propeller strap incident underlines importance of proper pre-flight checks: ATSB
An overlooked propeller strap on a Link Airways Saab 340 that damaged the aircraft and hurt a passenger is an important reminder that everyone involved in an aircraft’s operation must remain vigilant, Australian investigators have stressed.
Cebu Pacific doubles first-quarter profit
Cebu Pacific saw its first-quarter profit double as a jump in revenue – driven by strong passenger travel demand – outpaced an increase in costs.
MHI aero engines unit sees PW1100G issues impacting profit, despite revenue increase
Mitsubishi Heavy Industries’ aero engines business took a hit in its full-year results from the ongoing technical issues surrounding the Pratt & Whitney PW1100G engine, in which it is a key partner.
Singapore probes first fighter crash in two decades
Singapore is investigating the crash of a Lockheed Martin F-16 on 8 May, its first fighter crash in two decades.
Korean Air to focus on ‘route profitability’ as capacity nears full recovery
Korean Air will prioritise “route profitability” in light of intensifying global competition, as it saw first-quarter profits improve on the back of strong passenger and cargo demand.