SQUAWK

Nok Air issues RFP for deliveries through 2026: sources

Nok Air has issued a request for proposals for the operating lease of up to 26 aircraft to be delivered between this year and 2026, according to a document seen by Cirium dated 21 January. Nok Air has issued a...

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Facing Biden administration, Raytheon drops sale of offensive weapon to Middle Eastern country

Raytheon dropped the sale of an offensive weapon system to an unnamed Middle Eastern country due to concerns that the new President Joseph Biden administration would not grant it a direct commercial sales export license. Raytheon dropped the sale of...

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Hawaiian Airlines posts Q4 loss as travel restrictions remain

Hawaiian Airlines reported a fourth-quarter loss of $172.8 million as the ongoing global coronavirus crisis and ensuing strict travel restrictions in its home state continue to create hardship for the business. Hawaiian Airlines reported a fourth-quarter loss of $172.8 million as the...

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Aeromexico and LATAM seek to code-share on US flights

Aeromexico and LATAM Airlines Group have agreed to a code-sharing partnership under which Aeromexico’s flights to the USA will carry LATAM flight codes. Aeromexico and LATAM Airlines Group have agreed to a code-sharing partnership under which Aeromexico’s flights to the...

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H225 orders a cause for concern, but H160 offers lift for Airbus Helicopters

Relatively strong order intake in previous years should see Airbus Helicopters maintain output levels over the next 12 months, delaying the impact of 2020’s 20% fall in bookings for one or two years, according to the airframer’s chief executive. Relatively...

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Commercial aerospace recovery will begin in Q2, accelerate through 2021: Raytheon

Raytheon Technologies believes its subsidiaries Pratt & Whitney and Collins Aerospace will begin experiencing notable recovery starting in the second quarter of 2021. Raytheon Technologies believes its subsidiaries Pratt & Whitney and Collins Aerospace will begin experiencing notable recovery starting...

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Fewer engine shipments and less aftermarket work hammer P&W and Collins 2020 results

Steep losses at Pratt & Whitney and slumping profits at Collins Aerospace pushed parent company Raytheon Technologies to a $3.5 billion loss in 2020. Steep losses at Pratt & Whitney and slumping profits at Collins Aerospace pushed parent company Raytheon...

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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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