SQUAWK

Alaska posts $316mn Q4 loss, sees mixed bag for 2021

Alaska Air Group lost $316 million in the fourth quarter of 2020, and is preparing for a mixed bag in the current year as the coronavirus crisis drags on. Alaska Air Group lost $316 million in the fourth quarter of 2020, and...

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CityAirbus tests show path to certification: Airbus Helicopters chief

Airbus Helicopters believes it is in a position where it could begin the certification process for a new aircraft architecture following a series of flight tests with urban air mobility (UAM) demonstrators. Airbus Helicopters believes it is in a position...

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Airbus Helicopters chief continues to push next-generation European rotorcraft

Airbus Helicopters chief executive Bruno Even has reiterated the need for Europe to develop a next-generation military rotorcraft and continues to court Italian rival Leonardo as a potential partner for the project. Airbus Helicopters chief executive Bruno Even has reiterated...

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UK regional Eastern Airways eyes former Flybe French routes

Eastern Airways has outlined plans to begin flights from Southampton to Nantes and Rennes in France from the end of April. Eastern Airways has outlined plans to begin flights from Southampton to Nantes and Rennes in France from the end...

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Spirit team to fly LANCA loyal wingman demonstrator for UK

The UK Ministry of Defence has picked one bidder to advance its lightweight affordable novel combat aircraft (LANCA) concept to flight-test status by the end of 2023. The UK Ministry of Defence (MoD) has picked one bidder to advance its...

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GE Aviation eyes recovery this year, as 2020 profits plunge by 82%

In 2020, GE Aviation’s engine sales sank 48% and its service revenue tumbled 36%, but the company expects the aerospace sector will begin recovering in the second half of this year. GE Aviation’s engine sales sank 48% and its service...

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UK’s FlyZero project steps into high gear

If all goes to plan, at this point in 2022 the UK’s FlyZero project will be entering its second year with a pair of low-emission aircraft concepts on the drawing board and a firm plan on how to bring them...

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Airborne 01.25.21: Electric Velis, Whitehouse Moon Rock, Drone Chutes

Also: Bryant S-76B Crash Hearing, AeroEducate Initiative, Liberty University, Sustainable Fuels Pipistrel-USA reports that over the course of 2020, Pipistrel delivered 111 certified Pipistrel Velis electric aircraft, as well as a number of the Pipistrel ALPHA Electro aircraft. One stunning...

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El Al remains in limbo as Israeli government curbs air travel

Israeli flag-carrier El Al has prolonged the furlough of close to 5,000 personnel at least until the end of February, as the government imposes restrictions on air services. El Al says it has “decided to extend” the unpaid leave of...

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Rolls-Royce more pessimistic over long-haul recovery in 2021

Rolls-Royce is assuming engine flying hours on twin-aisle long-haul aircraft will reach just 55% of pre-crisis levels during 2021, down from a previous base case of 70%. The outlook reflects the uncertainty over air traffic recovery for the widebody sector...

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