All Airlines articles – Page 208
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NewsSpirit cites anti-trust ‘red flags’ in rejecting JetBlue bid
A myriad of anti-trust issues convinced Spirit Airlines’ board to reject JetBlue Airways’ offer to acquire it, and to pursue the original proposal from Frontier Airlines.
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NewsSwiss aims for breakeven as it outperforms Lufthansa Group partners
Swiss saw the biggest first-quarter operating result improvement of all Lufthansa Group carriers and is targeting breakeven this year, as it rides a wave of strong demand after a challenging couple of years.
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NewsSoftware snag spurs urgent A350 directive on elevator control
Operators of certain Airbus A350s have been instructed urgently to implement a number of operational and dispatch restrictions over a software snag which could lead to loss of elevator control. The issue centres on the introduction of a flight-control software standard, known as X13, on production aircraft and which is ...
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NewsCargojet 767 forced into high-altitude go-around during pressurisation incident
Canadian investigators have disclosed that a Boeing 767-200ER freighter which returned to Mexico City after a depressurisation incident was forced into a go-around by a prolonged wait for landing clearance. The go-around procedure at the high-elevation airport – which included climbing to 12,000ft – triggered cabin-altitude warnings, for which the ...
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NewsLufthansa reminds of A380 option amid strong demand and Boeing delays
Pent-up demand for air travel is “enormous” but the aviation industry faces a “major operational challenge” this summer as rising passenger numbers coincide with staff shortages at airports and other stakeholders, Lufthansa Group chief executive Carsten Spohr has warned.
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NewsLufthansa Group looks to strong summer demand as fuel costs bite
Lufthansa Group’s overall results improved in the first quarter, although rising fuel costs held back the recovery of its passenger airline business during the first three months of the year.
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NewsAir France-KLM projects summer profit after cutting first quarter loss
Air France-KLM Group expects to break even at the operating level in the second quarter and to be “significantly positive” in the third after reporting strong recovery signs in the first three months of the year despite the impact of Omicron and the Ukraine crisis.
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NewsWinglet missing from Envoy E175 after turbulence encounter
Investigators are probing the loss of a winglet from an Embraer 175, apparently during turbulent conditions while carrying out a domestic US service. The aircraft (N233NN) was being operated by American Airlines’ regional division Envoy Air, and was en route from Charleston to Dallas on 3 May. According to a ...
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NewsCargo propels Korean Air to record Q1 operating profit
Strong cargo revenue and recovery passenger traffic have propelled Korean Air to a record high operating profit for the first quarter of 2021.
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NewsQantas to acquire Alliance Aviation in A$614 million deal
Qantas will acquire compatriot Alliance Aviation in a A$614 million ($445 million) deal that will see the national carrier gain a foothold in charter operations for the country’s resources industry.
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NewsSpirit Airlines doubles revenue in Q1, saw ‘dramatic improvement’
Spirit Airlines doubled sales in the first quarter as demand trends showed a “dramatic improvement” in the later part of the period.
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NewsAllegiant experiences ‘busiest and best Spring ever’
Allegiant Travel Company, the parent of Allegiant Air, expects “substantial opportunities” to propel its earnings during 2022 as it experienced the “busiest and best Spring ever”.
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Airline BusinessWhy sparks are flying over airport charges post-pandemic
While airlines and airports found common ground during the pandemic in pressing for the lifting of restrictions, the fractious debate over future pricing at Heathrow underlines the wider financing challenges ahead for an industry on its heels from two years of losses but with a long-term capacity crunch still on the horizon
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NewsApril traffic marks Ryanair’s busiest month since August 2019
Ryanair underlined the strength of its recovery in activity by carrying 14.2 million passengers and reporting load factors of over 90% in April, marking the low-cost carrier’s busiest month since August 2019.
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NewsHainan makes leap back to profitability in 2021
Hainan Airlines swung back to profitability in 2021, but began the new year in the red as China’s pandemic-related curbs impacted travel demand.
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NewsDelta, Rex to form interlining partnership
Delta Air Lines and Australia’s Regional Express (Rex) have signed a letter of intent (LOI) for an interlining arrangement.
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NewsAvolon records $300m impairment over unretrieved fleet in Russia
Irish-based lessor Avolon has recorded an impairment of over $300 million against aircraft still left with Russian operators, following the imposition of sanctions over the Ukraine conflict. Avolon had previously disclosed that 10 of its owned aircraft were still located in Russia. It says the $304 million impairment reduces the ...
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NewsSpirit confirms it rejected JetBlue’s offer due to anti-trust concern
Spirit Airlines confirms it declined JetBlue Airways’ takeover bid due to concern that the proposed merger would not receive Department of Justice (DOJ) anti-trust clearance.
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NewsSpirit board rejects acquisition by JetBlue, moves ahead with Frontier combination
Spirit Airlines has rejected an acquisition proposal from JetBlue Airways, saying its board of directors favours a competing proposal under which Frontier Airlines would acquire the budget carrier.
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NewsQantas enjoys strong domestic, international rebound
Qantas Group is enjoying a rebound as the coronavirus pandemic abates, with both domestic and international travel demand picking up strongly.