U.S. lessor Aircastle will continue a trend of emphasizing mid-aged narrowbody commercial airliners in its portfolio over other aircraft, especially widebodies, even as pressures rise on worldwide airlines, the company’s CEO said Nov. 1.
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NASA will begin quiet supersonic research flights at Galveston, Texas, Nov. 5 as it prepares for the X-59 QueSST low-boom flight demonstrator now under development by Lockheed Martin’s Skunk Works.
Aircraft lessor Aircastle—citing program slippage but not soft customer demand—will not take three Embraer EJet E2s as scheduled in 2019, the company’s top executive confirmed.
NASA has rolled out its Grand Challenge plan to help guide, foster and enable the coming generation of urban air mobility (UAM) vehicles and is seeking feedback from industry to fine tune and guide the initiative.
International Airlines Group (IAG) low-cost unit Level plans to operate 43 aircraft in 2023 and has “aspirational targets beyond that,” the company’s new CEO Vincent Hodder said.
Aeroflot Group plans to double its passenger traffic within the next five years, according to a new strategy first outlined by Aeroflot CEO Vitaly Saveliev to Russian President Vladimir Putin Oct. 29.
The Swedish Energy Agency has approved an application by a consortium, including KLM Royal Dutch Airlines, to pursue a project for biofuel production in Småland province in southern Sweden.
Emirates Airline is close to signing up for more Rolls-Royce Trent 900 engines for its incoming fleet of Airbus A380s, according to Emirates President Tim Clark.
The Joint Business Agreement (JBA) between Dallas/Fort Worth-based American Airlines and Santiago, Chile-based LATAM Airlines Group was approved by the Chilean Court of Free Competition (TDLC) Oct. 31, bringing the long-gestating link-up closer to completion, pending remaining approval by the U.S. Department of Transportation.
More details are emerging about problems with the previous day’s flight of the Lion Air Boeing 737-8 that crashed into the sea on Oct. 29, according to wire reports. The aircraft – PK-LQP – flew from Bali to Jakarta the evening before the crash. The pilots on the aircraft during its Oct. 28 flight requested a return to the airport in Bali, Reuters reported, citing airport authorities. The pilots apparently gave the “pan-pan” radio alert that signifies urgency. However, the pilots canceled the request soon after and continued to Jakarta.
Purchase, New York-based Atlas Air Worldwide (AAW) posted third-quarter 2018 net earnings of $71.1 million and raised its full-year outlook for the third straight quarter, citing continued demand for its freighter-focused leasing and charter businesses.
Cape Town International Airport will realign its primary runway and upgrade terminal facilities as international traffic continues to grow at South Africa’s second-largest airport.
The UK signaled another rise in its Air Passenger Duty (APD)—a departure tax—on the same day the country’s transport minister made a speech stressing how important its airports were to its future prosperity.
Mitsubishi Heavy Industries (MHI) will increase its stake in Mitsubishi Aircraft to 86.7% from 64% with a capital injection that will pay for delays in development of the MRJ regional jet, the company announced Oct. 31.
