Troubled Cathay Pacific Group took a one-time HK$2.8 billion ($361 million) impairment charge relating to the early retirement of 34 aircraft, as it discloses that nearly half of its fleet are in long-term storage overseas. Troubled Cathay Pacific Group took...
Cathay Pacific Group saw its full-year passenger revenue collapse to just 2-3% of pre-pandemic levels, as it warned that its immediate outlook continues to be challenging. Cathay Pacific Group saw its full-year passenger revenue collapse to just 2-3% of pre-pandemic...
Corrosion related to extensive low-level flying over the ocean led to the failure of a Pratt & Whitney Canada (P&WC) PW100 engine aboard a De Havilland Canada DHC-8-315 operated by Surveillance Australia. Corrosion related to extensive low-level flying over the...
Deliveries of ATR turboprops barely reached double-figures last year as the joint-venture manufacturer saw demand slump due to the pandemic. Deliveries of ATR turboprops barely reached double-figures last year as the joint-venture manufacturer saw demand slump due to the pandemic....
German seating manufacturer believes it can sell more into segment, as industry resizes after pandemic. Recaro believes it can boost its presence in a growing regional aircraft market after winning its first seat deal in the segment, with KLM Cityhopper....
Boeing landed orders for 82 new commercial aircraft and was hit by only 51 cancellations in February, marking the first month since November 2019 that the airframer’s net order total has been in positive territory. Boeing landed orders for 82...
NASA has launched a research effort aimed at squeezing 5-10% more fuel efficiency out of turbofan cores, with the goal of developing engine technology for future commercial aircraft, possibly including an eventual Boeing 737 replacement. NASA has launched a research...
Governments around the world are not moving quickly enough to plan for the reopening of international travel markets, in the view of IATA, particularly when it comes to the creation of digital standards for Covid-19 testing and vaccination records. Governments around the...
The UK’s future combat air system (FCAS) activity is on track to enter its concept and assessment phase later this year. The UK’s future combat air system (FCAS) activity is on track to enter its concept and assessment phase later...
AerCap has confirmed it is in talks with General Electric in respect to GECAS, but notes that the outcome of the discussions “has yet to be determined”. AerCap has confirmed it is in talks with General Electric in respect to...