Aviation Daily Roundup: April. 27, 2023

April 28, 2023

Safran To Lead EU-Funded Open-Fan Demonstration

Credit: Safran

Safran Aircraft Engines is coordinating a European technology demonstration program that is intended to pave the way for the flight testing of an open-fan engine in 2027.

Southwest Plans Flight Reductions, Cites MAX Delivery Delays

Credit: Southwest Airlines

Southwest Airlines plans to reduce flights in the second half of the year due to ongoing Boeing aircraft delivery delays.

Never Been Better Time To Be Buyer In M&A, Honeywell CEO Says

Credit: Honeywell

Honeywell International Chairman and CEO Darius Adamczyk expects his company to become more active in mergers and acquisitions, and deals could be as large as $5-7 billion.

Hainan Airline Subsidiary Urumqi Air To Acquire 30 C919s

Credit: Alamy Stock Photo

Hainan Airline Group has signed a framework agreement with Comac to acquire 30 C919 narrowbody aircraft for subsidiary Urumqi Air. 

ANA Confirms Return To Annual Profit As Passenger Demand Grows

Credit: Alamy Stock Photo

The parent company of All Nippon Airways (ANA) returned to profitability in the fiscal year that ended March 31, although it predicts a slightly smaller profit in the current fiscal year.

Avolon Returns To Boeing With Major MAX Order

Credit: Boeing

Lessor Avolon will take 40 Boeing 737 MAXs from the manufacturer toward the end of this decade, in a switch from its recent method of acquiring the type.

American Airlines Reports Profit, And A Focus On Technology

Credit: American Airlines

American Airlines says it is focused on a “technology-first mindset” to boost operational reliability and resilience of daily flight operations.

Air China Transferring Eight A330s To Cargo Unit

Credit: Alamy Stock Photo

Air China plans to transfer eight Airbus A330-200s to its cargo division for a base price of $14.7 million for each aircraft; the transfer would occur in tranches between now and 2025. 

A4A ‘Cautiously Optimistic’ On Ancillary NPRM Outcome

Credit: Airbus/Stefan Krujer

As U.S. airlines await a decision from the U.S. Transportation Department (DOT) on a proposed ancillary rulemaking that Frontier Airlines dubbed “a solution searching for a problem,” Airlines For America (A4A) is cautiously optimistic.

Embraer Deliveries In Q1: Seven Commercial, Eight Business Aircraft

Credit: Nigel Prevett

Embraer ended its first quarter (Q1) of 2023 with the deliveries of seven commercial aircraft and eight executive jets.

 

From Air China transferring eight A330s to its cargo unit to ANA confirming return to annual profit as passenger demand grows. Take a look at the daily roundup of air transport news.

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