Oil and gas helicopter operator CHC Group is to acquire the offshore business of UK-headquartered Babcock for an undisclosed fee. Oil and gas helicopter operator CHC Group is to acquire the offshore business of UK-headquartered Babcock for an undisclosed fee....
Recent financial results from Asia-Pacific airlines highlight how the disappearance of bellyhold space has given a massive boost to cargo yields. Recent financial results from Asia-Pacific airlines highlight how the disappearance of bellyhold space has given a massive boost to cargo yields....
Rolls-Royce large engine flying hours were down by 57% last year, while deliveries of such engines almost halved to 264. The powerplant manufacturer disclosed the full-year impact of the air transport crisis as it turned in a £2.6 billion ($3.6...
A retired US Air Force B-1B bomber will serve as an integration laboratory at Edwards AFB in California. A retired US Air Force B-1B bomber will serve as an integration laboratory at Edwards AFB in California. The aircraft, 86-0999, is...
Australia has rolled out its latest round of financial support for its tourism and airline sectors, which have acutely felt the impact of the coronavirus pandemic. Australia has rolled out its latest round of financial support for its tourism and...
The US Department of Transportation (DOT) says airline industry employment in January rose to its highest level since April 2020, a tentative sign that demand for air travel may be returning following an almost year-long decline due to the coronavirus....
Northrop Grumman plans to pitch the US Army on an air-launched effect variant of the UVision Hero family of loitering munitions. The air launched effect, called Hero ALE, is intended for use with the service’s Future Vertical Lift aircraft, including...
Russian carrier NordStar has entered a tie-up with regional operator KrasAvia, a consortium intended to increase air transport access for the area. President Vladimir Putin had supported a proposal to establish a base carrier at Norilsk – a designation which...
Boeing is closing in on the sale of 737 Max 7 jets to Southwest Airlines, a deal that, if closed, would prove a massive win by Boeing and reflect Southwest’s continued loyalty to the Chicago airframer, according to a report from...
Aeroflot Group has disclosed a Rb6.5 billion ($88 million) write-off of goodwill for its subsidiary airline Rossiya in its full-year financial results. The company has also listed a Rb5.07 billion loss from the disposal of another subsidiary, the eastern Russian...