Rolls-Royce is to test a Trent engine with a fully-sustainable aviation fuel as part of its development of the advanced UltraFan powerplant. The Trent 1000 engine will feature a lean-burn low-emissions system known as ALECSys, says the manufacturer. UltraFan is...
Airbus Defence & Space has received a contract to build a Tranche 4 batch of 38 Eurofighters for the German air force. Airbus Defence & Space has received a contract to build a Tranche 4 batch of 38 Eurofighters for...
Israeli flag-carrier El Al’s chief financial officer, Dganit Palti, is to step down before the end of this year. Palti’s departure will mark another high-profile change in the wake of the ownership shake-up at the carrier. El Al undertook a...
Emirates Group posted a loss of Dh14 billion ($3.8 billion) for the six months ended 30 September as revenues slumped 74% during the first half of its pandemic-hit financial year. Emirates Group posted a loss of Dh14 billion ($3.8 billion)...
Israeli aircraft lessor Global Knafaim Leasing has submitted a revised offer for leisure airline Israir, having initially failed to advance to the next stage of the bidding process. It has outlined a 107 million ($31.6 million) shekel proposal comprising 35...
Thai Airways International’s losses deepened and revenues plummeted in the third quarter ended 30 September as the impact of the Covid-19 pandemic on its operations continued to be felt. Thai Airways International’s losses deepened and revenues plummeted in the third...
With many of their foreign competitors in the doldrums amid a pandemic-led downturn, China’s three largest carriers — having already experienced a steady domestic recovery — are well-placed to recapture market share in the international air travel market. With many...
Japanese firm IHI continues to see weakness in its civil aircraft engines business owing to the coronavirus pandemic. “Sales of engines and spare parts in the civil aero engines business is greatly decreasing owing to the drastic decline in demand...
A steady increase in cargo revenue helped Indian low-cost carrier SpiceJet narrow its quarterly operating loss, even as passenger travel demand remains in the doldrums amid the coronavirus pandemic. A steady increase in cargo revenue helped Indian low-cost carrier SpiceJet...
SMBC Aviation Capital has joined the list of lessors that are suing Garuda Indonesia over unpaid aircraft lease rentals. SMBC Aviation Capital has joined the list of lessors that are suing Garuda Indonesia over unpaid aircraft lease rentals. The Indonesian...