All Airlines articles – Page 177
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NewsANA swings to profitable first half on air travel recovery
ANA Holdings swung to an operating profit of Y31.4 billion ($212 million) in the first half of its 2022 financial year from an operating loss of Y116 billion a year earlier, with revenues jumping 83% to Y791 billion.
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NewsVietnam’s IPP Air Cargo axes launch plans
Vietnam’s IPP Air Cargo is abandoning its launch plans, apparently due to concerns about weakening demand for air cargo and an uncertain economic outlook.
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NewsUS orders 737 Classic spoiler sensor check to avert split-throttle risk
Operators of certain older ‘Classic’ Boeing 737 variants are being instructed to conduct tests to check for potential spoiler sensor failure, which could escape detection by the autothrottle computer. According to the US FAA, a review of system logic on the variants – from the 737-300 to the -500 – ...
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NewsRevenue surges but Air Canada loses C$508m in Q3
Air Canada’s revenue more than doubled compared with its third quarter of 2021 but the flag carrier still lost C$508 million ($373 million) in the three months ending 30 September.
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Airline BusinessVueling heads IAG carrier capacity and profits return
Spanish low-cost carrier Vueling is leading the pace in restoring capacity and profit returns among IAG carriers as the group sees all but British Airways and Level operating at or above 2019 ASKs in the first quarter of next year.
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NewsStart-up Evia Aero outlines zero-emission ambitions
German start-up carrier Evia Aero believes it is launching into the market with a fleet of zero-emission aircraft at the optimum time, as it looks towards the start of operations in 2026.
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NewsIAG sees full-year operating profit of €1.1bn after confirming strong third quarter
European airline group IAG expects to post an operating profit of €1.1 billion ($1.1 billion) before exceptionals for the full-year after confirming a strong third quarter in which all of its carriers were back in the black.
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NewsCompetition watchdog delays verdict again on Qantas’s Alliance buy
Australia’s competition regulator has delayed its findings - for the third time - on Qantas’ proposed acquisition of Alliance Aviation, prompting the national carrier to express “disappointment” at what it calls one of the “longest processes for informal clearance”.
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NewsDespite pilot shortage, SkyWest turns $48m Q3 profit
SkyWest made a $48 million profit in the third quarter despite its “crew imbalance” related to the global pilot shortage, chief executive Chip Childs said 27 October.
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NewsGol to add more 737 Max 10s from 2027 and taps ‘white-tail’ market
Brazilian carrier Gol has struck a deal with Boeing covering delivery of a dozen 737 Max 10 jets from 2027 as part of fleet plans which will also see it take ‘white-tail’ aircraft to help reach its target of having 44 Max aircraft by year-end.
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NewsRiding strong demand, Southwest Airlines posts $277 million Q3 profit
Southwest Airlines reported a profit of $277 million in the third quarter thanks to “robust” demand for discount air travel, says chief executive Bob Jordan on 27 October.
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NewsFrontier Airlines turns $33m Q3 profit on strength of demand for leisure travel
Frontier Group Holdings, parent of Frontier Airlines, reported a profit of $33 million in the third quarter of 2022 – the second consecutive profitable quarter for the Denver-based ultra-low-cost carrier (ULCC).
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NewsAmid slow recovery, Spirit Airlines loses $36.4m in Q3
Buffeted by hurricane winds, higher fuel costs and operational constraints, Spirit Airlines reported a loss of $36.4 million in the third quarter of 2022.
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NewsSurging revenue returns Gol to Q3 operating profit
Brazilian low-cost carrier Gol posted record revenues of R$4 billion ($750 million) and the highest yields in its history during the third quarter.
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NewsParis airports operator raises traffic outlook again
Paris airports operator Groupe ADP has further lifted its passenger traffic expectations for the year after a strong summer performance.
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NewsWestJet’s acquisition of Sunwing raises red flags from competition regulator
A Canadian business-competition regulator has raised concerns about WestJet’s proposed acquisition of rival Sunwing Airlines, citing a “substantial lessening or prevention of competition in the sale of vacation packages to Canadians”.
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NewsHeathrow lifts passenger outlook but flags demand return ‘a number of years’ away
London Heathrow airport’s operator still does not expect demand to return to pre-pandemic levels for “a number of years” despite raising its passenger forecast for this year after a strong summer.
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NewsNorwegian trialling expansion beyond Nordics with Riga base
Norwegian views its plan to base two aircraft at Riga International airport from summer 2023 as a “kind of a test” regarding the viability of expanding beyond its current markets.
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NewsAlaska orders 52 more 737 Max, preps to divest remaining Airbus jets
Alaska Airlines has ordered another 52 Boeing 737 Max jets and secured rights to purchase a further 105, aligning the airline’s future with the narrowbody as it aims to divest its remaining Airbus fleet next year.
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NewsAir Canada orders another 15 Airbus A220s
Air Canada has ordered another 15 Airbus A220-300s in a deal that brings the Montreal-based carrier’s total orders for the Canadian-built type to 60 jets.