Month: May 2021

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IAG expresses confidence in liquidity position but caution on Q2 capacity

European airline group IAG expects to operate around 25% of pre-crisis capacity in the second quarter of this year amid the continued impact of Covid-19 travel restrictions. Reporting its first-quarter performance on 7 May, the British Airways and Iberia parent cites...

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​Australian leaders sound cautious tone on international reopening

Australian cabinet ministers have suggested that international travel to the country might not open up until the second half of 2022. Australian cabinet ministers have suggested that international travel to the country might not open up until the second half...

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Covid-19 crushes AirAsia Group Q1 traffic figures

AirAsia Group carriers reported a significant decline in passenger traffic for the first quarter of 2021, amid an uptick in coronavirus cases in key markets that threaten hopes of a recovery. AirAsia Group carriers reported a significant decline in passenger...

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Air Tractor, L3Harris launch AT-802U Sky Warden light attack aircraft

Air Tractor has teamed with L3Harris Technologies to produce the AT-802U Sky Warden, a new variant of its light attack aircraft. Air Tractor has teamed with L3Harris Technologies on the AT-802U Sky Warden, a new variant of its light attack...

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Taiwanese carriers in the red for first quarter

Taiwan’s two main carriers — China Airlines and EVA Air — were both loss-making in their first quarter earnings as revenue took a hit.  Taiwan’s two main carriers — China Airlines and EVA Air — were both loss-making in their...

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Leonardo nets ‘major export order’ for M-346 trainer

Leonardo appears to have secured a new order for its M-346 advanced jet trainer on top of a likely commitment from Elbit Systems for the type. Leonardo appears to have secured a new order for its M-346 advanced jet trainer...

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Skyborg autonomy ‘brain’ flies for first time aboard Kratos UTAP-22 UAV

The US Air Force’s (USAF) Skyborg autonomy core system flew for the first time aboard a Kratos UTAP-22 Mako tactical unmanned vehicle (UAV) at Tyndall AFB in Florida. The US Air Force’s (USAF) Skyborg autonomy core system flew for the...

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Copa posts first quarter loss, sees diverging trends in the Americas

Panama’s Copa Airlines is banking on its advantageous geographical position and extensive network to smaller cities across the Americas and the Caribbean to eventually pull itself out of the coronavirus-driven slump. Panama’s Copa Airlines is banking on its advantageous geographical...

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Azul posts quarterly loss, cargo revenue rises

Brazil’s Azul narrowed its loss in the first three months of the year compared to 2020, as a bump in cargo sales partly offset steep declines in passenger revenue. Brazil’s Azul narrowed its loss in the first three months of...

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Leonardo reports strong first quarter, despite aerostructures woes

Defence market pays off for Italian giant, as ATR and Boeing business continue to be affected by pandemic slump. An impressive performance by its military businesses has helped Leonardo shrug off slow sales of ATR turboprops and Boeing 787 fuselages...

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