All Air Transport articles – Page 174
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NewsProfitable Flydubai cites fuel-cost benefits as 737 Max fleet expands
Middle Eastern carrier Flydubai expanded its fleet to 74 aircraft last year, with Boeing 737 Max variants accounting for more than half. The airline has turned in a full-year profit of Dhs1.2 billion ($327 million) for 2022, during which it took delivery of 17 more 737 Max 8s – the ...
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NewsUK authority clears Korean Air-Asiana merger based on Virgin access to Seoul
Korean Air has secured UK competition approval for its proposed merger with fellow Korean operator Asiana, based on its supporting Virgin Atlantic’s access to the London-Seoul route. The UK’s Competition and Markets Authority says that undertakings given by Korean Air are “appropriate” to remedy or mitigate a lessening of competition ...
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NewsAsia-Pacific carrier traffic to be near full recovery by early 2024 after China boost
It is still too early to determine how quickly the Chinese international travel market will recover, though it is clear there is “no let-up” in recovery momentum in the greater Asia-Pacific region, according to the Association of Asia Pacific Airlines (AAPA).
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NewsCroatia Airlines remains loss-making despite progress in recovery
Croatia Airlines has turned in a full-year net loss of Kn137 million ($19 million) as its performance, while recovering, still lagged pre-crisis levels. The carrier transported 1.45 million passengers but this figure remained one-third down on that achieved in 2019. Croatia Airlines says passenger load factor reached an average of ...
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NewsIsrair completes sale of ATR 72-500s
Israeli leisure operator Israir Group has completed the sale of a pair of ATR 72-500 turboprops whose phase-out was part of the company’s fleet-simplification plans. The company had previously disclosed, at the end of last year, that it had reached a binding agreement with a buyer for the aircraft. It ...
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NewsRoyal Society warns over cost of UK’s net-zero aviation ambitions
The UK’s ambitions to achieve net-zero emissions from aviation will be hugely expensive and require enormous quantities of agricultural land or renewable electricity to produce future fuels in sufficient quantities, a new study warns.
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NewsEgyptAir claims Africa’s first A321neo introduction
EgyptAir is has received the first Airbus A321neo for the African continent, following delivery of its latest twinjet at the airframer’s Hamburg Finkenwerder plant. The airline is introducing the variant with a two-class configuration comprising 16 business-class and 166 economy-class seats. Airbus has identified the airframe as SU-GFR, with MSN11164, ...
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NewsViva Air dismayed as merger hold-up forces it to suspend operations
Colombian budget carrier Viva Air has suspended operations, citing regulatory hold-ups regarding its efforts to form a tie-up with Avianca.
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NewsBoeing hands 787 to United but deliveries otherwise remain paused
Boeing has handed over a 787-10 to United Airlines but says its broader pause on deliveries of the widebody type remains in effect.
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NewsMadrid reconfigures airspace to simplify arrivals and departures
Spanish air navigation service Enaire has started implementing an air traffic optimisation project at Madrid Barajas airport, including independent approaches to its parallel runways. The project aims to modernise instrument arrival and departure procedures by adapting them to area navigation and performance-based navigation requirements. Enaire says the scheme – known ...
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NewsEl Al 787 cuts flight time to Thailand with Saudi-Omani transit
El Al has conducted its first flight through Saudi Arabian and Omani airspace since recent agreements lifted restrictions on transit by Israeli carriers. The airline operated its LY083 service from Tel Aviv to Bangkok on 26 February, using a Boeing 787-9 – a flight which took about 7h 30min. Its ...
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NewsPilot shortage will erode US discounters’ low-cost edge: United executive
A shortage of pilots will increasingly erode the cost advantages long enjoyed by US discount airlines while improving the competitive position of giants like United Airlines.
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NewsOliver Wyman slashes 10-year fleet forecast amid production and labour issues
Three years have passed since Covid-19 flattened air travel, and the global fleet of commercial jets has still not quite recovered to pre-pandemic levels.
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NewsSmartLynx lands Australian approval for A330 operations
Latvian wet-lease specialist SmartLynx has secured authorisation to conduct operations from Australia, where is intends initially to use Airbus A330s. The company says it has received an Australian foreign air transport operator certificate. SmartLynx says operating flights to Australia has been “integral” to its strategic effort to extend its network ...
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NewsRolls-Royce presents opportunity for cost-cutting through synergies: new chief
Rolls-Royce chief executive Tufan Erginbilgic argues that the company can still afford to undertake further cost-reduction measures despite the extensive restructuring carried out during the pandemic. Speaking during the company’s full-year briefing on 23 February, Erginbilgic said the previous cost-cutting efforts had focused primarily on civil aerospace and had been ...
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NewsBluebird 737 freighter destabilised by ballast shift during Paris approach
Investigators are probing an apparent ballast shift on board a Bluebird Nordic Boeing 737-400SF during its descent towards Paris Charles de Gaulle. The incident involving the Icelandic-registered freighter occurred on 10 February, according to French investigation authority BEA, which is citing preliminary information from its Icelandic counterpart. BEA says the ...
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NewsOptimistic SAS lifts long-term financial forecast over strong demand
Scandinavian carrier SAS is reviewing long-term financial projections for 2024-26, with preliminary indications that stronger-than-expected demand will generate higher revenues and earnings towards the end of this period. SAS had previously estimated revenues of SKr49 billion ($4.7 billion) for 2026 but believes this figure will be greater, while it is ...
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NewsSoon-to-be-acquired Atlas Air posts profitable Q4, but cargo demand slips from 2021
US air cargo company Atlas Air Worldwide made $126 million during its fourth quarter of 2022 and $356 million for the full year – “one of the best years in Atlas’ history”, chief executive John Dietrich said on 23 February. The freight hauler’s results were down from 2021, however.
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NewsNew Rolls-Royce chief tears into underperformance and strategic weakness
New Rolls-Royce chief executive Tufan Erginbilgic has given a withering assessment of the company’s strategic and financial performance as it unveiled its full-year results. Rolls-Royce has been “underperforming for an extended period”, he said during a presentation on 23 February. “Cash generation is unsatisfactory. Our debt is still too high. ...
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NewsRolls-Royce civil aerospace profits up but company 'capable of much more': CEO
Large engine flying hours for Rolls-Royce increased further last year, but remain 35% below the pre-crisis level of 2019, the manufacturer has disclosed. But it expects this gap to reduce to 10-20% this year following the easing of travel restrictions in China. Rolls-Royce large civil engine deliveries reached 190 – ...