SQUAWK

Spirit Airlines reports Q3 loss, anticipates more end-of-year travel

Spirit Airlines reports lower third-quarter results and is preparing for a significant upturn as leisure travellers look to the end-of-year holidays to begin to alleviate their pent-up demand for cheap, safe travel to visit family and friends. Spirit Airlines has...

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F-35 saga of delays continues as full-rate production pushed back again

The DoD had expressed confidence as recently as August that IOT&E would be complete by March 2021, after multiple delays since the process started in December 2018.  The F-35 Joint Program Office estimates that the stealth fighter will not complete...

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Boeing approves ‘higher-fatigue’ 3D printing material

3D printing specialist Stratasys says Boeing’s approval of its latest thermoplastic material means the technology can be deployed to manufacture higher-fatigue structural components than previously. 3D printing specialist Stratasys says Boeing’s approval of its latest thermoplastic material means the technology...

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Rossiya sets up pilot corps to prepare for Superjet 100 operations

Russian carrier Rossiya has established a new flight unit which will second pilots from parent Aeroflot Group to operate Sukhoi Superjet 100s on its network. Rossiya uses a mix of Boeing 747s and 777s for its long-haul services, as well...

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MTU confident on Airbus rate-rise readiness

German propulsion specialist MTU believes it can cope with any Airbus narrowbody production rate increase next year without the need for additional investment. German propulsion specialist MTU believes it can cope with any Airbus narrowbody production rate increase next year...

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Government defends public funding of SAA rescue plan

South Africa’s government has defended its R10.5 billion ($640 million) funding of South African Airways’ rescue plan, insisting that the financing will help finalise the restructuring and assist the selection of a strategic equity partner. It is dismissing criticism of...

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Airbus cuts undelivered aircraft to 135 as production converges

Airbus has reduced to about 135 the number of aircraft it has been unable to deliver as a result of the air transport crisis. The airframer insists it has managed, over the third quarter, to achieve convergence between production and...

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Airbus delivers first A330-800s with handover to Kuwait Airways

Airbus has delivered its first A330-800s, both aircraft being handed over to Middle Eastern operator Kuwait Airways. The -800 is the smaller of the two A330neo family members. Kuwait Airways had ordered eight of the twinjets, powered by Rolls-Royce Trent...

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EU targets common protocol for Covid testing of travellers

The European Commission is preparing common passenger testing, quarantine and tracking practices for member states to help ensure safe travel as it battles the Covid-19 pandemic. “Free movement within the EU and the border-free Schengen area are prized achievements of...

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Airbus acknowledges ‘white-tails’ among inventory of stored aircraft

Airbus has acknowledged that its inventory of undelivered aircraft includes a number of ‘white-tails’, but stresses that the proportion is relatively small. The airframer put the undelivered total at 135 by the end of September, down from 145 at the...

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