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United expects expanded profit margins by 2023

United Airlines expects to exceed its 2019 profit margin by 2023, executives say a day after the airline reported a $7.1 billion full-year loss for coronavirus-plagued 2020. United Airlines expects to exceed its 2019 profit margin by 2023 due to...

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Airbus Helicopters looks to Leonardo to counter US threat in military sector

Europe’s two rotorcraft manufacturers must come together to develop a next-generation military helicopter or run the risk of losing out to their rivals, an Airbus Helicopters executive has warned. Europe’s two rotorcraft manufacturers must come together to develop a next-generation...

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How STEM isn’t the only route into aerospace for jobseekers

While the industry needs more female engineers, former chartered accountant Victoria Foy, chief executive of a Safran unit, insists there are other routes for women into aerospace Sparking an early interest among female school students in science, technology, engineering and...

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Flydubai latest to reinstate Doha flights

Flydubai is to restore its service to Doha from 26 January, a day after fellow UAE carrier Etihad announced a resumption of flights to Qatar. Flydubai is to restore its service to Doha from 26 January, a day after fellow...

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Restructuring Thai Airways and Asiana offload non-core subsidiaries

Thai Airways International and Asiana Airlines, both undergoing restructuring, have disclosed details about selling off non-core subsidiaries. Thai Airways International and Asiana Airlines, both undergoing restructuring, have disclosed details about selling off non-core subsidiaries. Thai Airways completed on 19 January the sale of a...

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Stronger Norwegian business plan convinces government to offer support

Norway’s government has signalled that it is prepared to offer financial support to budget carrier Norwegian, to assist with the restructuring airline’s recovery, but has laid out a number of conditions. The government is stressing that it has no intention...

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Malaysia Airlines gets UK court green light for creditors’ meeting

Malaysia Airlines’ parent company has been given the green light by the UK courts to commence a “major component” of its restructuring programme, which it hopes to wrap up by the end of the first quarter of this year.  Malaysia...

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Changi Airport’s full-year passenger traffic nosedives 83%

Singapore’s Changi Airport reported a staggering 83% year-on-year plunge in passenger movement in 2020, amid a pandemic-driven collapse in international travel demand.  Singapore’s Changi Airport reported a staggering 83% year-on-year plunge in passenger movement in 2020, amid a pandemic-driven collapse...

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‘Complete stop’ in European air travel as Covid testing wipes out demand

Aircraft movements in European airspace are collapsing towards the low levels seen during the first wave of the pandemic in April, as more travel restrictions hit demand for airline operations, according to Eurocontrol. Aircraft movements in European airspace are collapsing towards...

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Boeing maintenance hangar at Gatwick operational under adjusted plan

Boeing’s maintenance hangar at London Gatwick airport is handling a “steady flow” of customer aircraft despite “much reduced” flying activity amid the pandemic, the airframer tells Cirium. Boeing’s maintenance hangar at London Gatwick airport is handling a “steady flow” of customer aircraft despite “much...

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