SQUAWK

UK carrier Jet2 to post loss of up to £385m for pandemic-hit year

UK leisure carrier Jet2 expects to post a group loss of between £375-385 million ($521-535 million) for for the 12 months ended 31 March 2021, a year in which its activities have been heavily curtailed by pandemic travel restrictions. UK...

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Finnair hikes cost-base reduction target for a third time

Finnair is raising a permanent cost-savings target a third time, to €170 million ($205 million), more than double the original figure unveiled last year. The company had stated in May 2020 that it was aiming for €80 million in cost-base...

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JAL confirms plan for big investment in Spring Airlines Japan

Japan Airlines (JAL) plans to increase its investment in low-cost carrier Spring Airlines Japan sometime in June. Japan Airlines (JAL) plans to increase its investment in low-cost carrier Spring Airlines Japan sometime in June. The airline confirmed reports in Japanese...

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Seoul to develop new attack helicopter, buy transport aircraft

South Korea plans to develop a new attack helicopter for its marines, and also obtain four new tactical transports. South Korea plans to develop a new attack helicopter for its marines, and also obtain four new tactical transports. A high...

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ANA targets carbon-neutral aircraft operations by 2050

ANA Holdings is aiming to achieve net-zero carbon emissions from aircraft operations by 2050. ANA Holdings is aiming to achieve net-zero carbon emissions from aircraft operations by 2050. By 2030, the company targets for CO2 emissions from aircraft operations to be less...

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All USAF B-1B bombers grounded for fuel pump issue, as fleet shows its age

The US Air Force grounded all of its B-1B Lancer bombers on 20 April after a fuel pump issue was discovered. The US Air Force (USAF) grounded all of its B-1B Lancer bombers on 20 April after a fuel pump...

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NASA envisions revived US regional air transportation network

The USA’s many small, underused airports, combined with autonomous and electric-propulsion technologies, could enable a vast new US regional air transportation system. The USA’s many small, underused airports, combined with autonomous and electric-propulsion technologies, could enable a vast new US...

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Kaman’s autonomous K-Max Titan helicopter makes first flight

Kaman’s unmanned K-Max Titan helicopter flew for the first time on 21 April. Kaman’s unmanned K-Max Titan helicopter flew for the first time on 21 April. The helicopter was controlled from the ground with a safety pilot on-board during its...

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EASA approves virtual-reality simulation for R22 training

Creators of a flight-simulation trainer for rotorcraft pilots have obtained the first European certification for a virtual-reality system. The trainer is designed to enable pilots to practice risky manoeuvres in a virtual environment, says the European Union Aviation Safety Agency....

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Guangzhou displaces Atlanta as Chinese airports dominate latest ranking

Guangzhou Baiyun displaced Atlanta Hartsfield as the world’s busiest airport in 2020, as Chinese facilities shot up the global ranking to dominate the top 10, according to preliminary data released by ACI World in late April. Guangzhou Baiyun displaced Atlanta Hartsfield as the world’s busiest airport...

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