SQUAWK

Malaysia Airlines has option to extend lease deferrals into 2022

Malaysia Airlines has the option of extending lease rental deferrals into 2022 if the market for air travel does not recover quickly enough. Malaysia Airlines has the option of extending lease rental deferrals into 2022 if the market for air...

Continue Reading  

Allegiant ‘bullish’ about summer travel, after turning small profit

Allegiant Travel Company, the parent of ultra-low-cost carrier Allegiant Air, turned a slim profit in the first three months of the year as the company prepares for a busy summer with a “bullish” outlook. Allegiant Travel Company, the parent of...

Continue Reading  

Dassault flies second Falcon 6X

Dassault Aviation has flown the second flight-test Falcon 6X, with the new twinjet making a 2h sortie from the airframer’s Merignac production site near Bordeaux on 30 April. Dassault Aviation has flown the second flight-test Falcon 6X, with the new...

Continue Reading  

Mark Your Calendar: 2021 FAA UAS Symposium

The Federal Aviation Administration (FAA) and the Association for Unmanned Vehicle Systems International (AUVSI) will co-host Episodes III and IV of the virtual FAA Unmanned Aircraft Systems (UAS) Symposium Remotely Piloted Edition.The theme for this years virtual event is Above...

Continue Reading  

Domestic and cargo pick-up in March fail to offset international traffic gloom

A strong recovery in the large Chinese domestic market was the key driver for an improved global passenger traffic performance in March, though RPKs still remain two-thirds below pre-crisis levels. A strong recovery in the large Chinese domestic market was...

Continue Reading  

Corrosion caused by storage prompts FAA to order Leap-1B checks

The Federal Aviation Administration is requiring airlines perform checks to prevent storage-induced corrosion issues involving CFM International Leap-1B engines. The Federal Aviation Administration is requiring airlines perform checks to prevent storage-induced corrosion issues involving CFM International Leap-1B engines. The agency...

Continue Reading  

Turkish Airlines heavily reduces first-quarter losses

Turkish Airlines managed to contain first-quarter operating losses to $72 million, a substantial improvement on the $300 million loss for the same period last year. The airline even generated a $61 million net profit for the first three months. Turkish...

Continue Reading  

Textron to take time over eVTOL development as batteries ‘not yet ready’

Scott Donnelly, the chief executive of Textron – owner of Beechcraft, Cessna and Bell – has seemingly ruled out the imminent launch of an urban air mobility (UAM) vehicle, stressing that battery technology has not advanced sufficiently to support such...

Continue Reading  

Major airlift underway to help India fight Covid-19

Air Forces and airlines are conducting a major airlift operation to bring urgently needed medical supplies to India amid the South Asian nation’s coronavirus crisis. Air Forces and airlines are conducting a major airlift operation to bring urgently-needed medical supplies...

Continue Reading  

Environmental impact now part of airline fleet thinking: Udvar-Hazy

While Air Lease executive chairman Steven Udvar-Hazy sees airlines giving greater attention to addressing environmental concerns in their fleet planning amid heightened pressure to tackle aviation’s climate impact, he does not believe it will change the useful life of aircraft....

Continue Reading