All Airlines articles – Page 262
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NewsThai Airways narrows H1 operating loss; revenue down 75%
Thai Airways swung to a net profit — and narrowed its half-yearly operating loss — as cost-cutting measures appear to bear some fruit.
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NewsJeju Air to raise $180 million via share issue
Jeju Air aims to raise nearly W210 billion ($180 million) from an equity raise.
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NewsRex furloughs 500 staff amid prolonged domestic lockdowns
Australia’s Regional Express has stood down 500 staff members for nearly a month, as domestic lockdowns — meant to contain the spread of the coronavirus — show no sign of letting up.
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NewsThai AirAsia parent widens second-quarter operating loss
Thai AirAsia parent company Asia Aviation widened its second-quarter operating loss — with revenue decline outpacing cost reduction efforts — as the low-cost carrier eyes alternative revenue streams in e-commerce and cargo.
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NewsSpiceJet Q1 losses widen amid India’s second Covid-19 wave
Indian carrier SpiceJet saw its net loss for the first quarter of its 2022 financial year widen to INR7.29 billion, compared with INR 5.9 billion a year earlier.
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NewsVityaz-Aero banned from passenger transport after fatal Mi-8 lake crash
Russian helicopter operator Vityaz-Aero has been temporarily barred from transporting passengers following the fatal Mil Mi-8T accident at lake Kuril on the Kamchatka peninsula. At least eight of the 16 occupants survived the accident. Several fatalities have been confirmed after the Russian emergency services ministry – using a deep-sea vessel ...
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NewsCathay expects demand boost following traffic improvement in July
Cathay Pacific has reported “improvements” in passenger travel demand in July — despite seeing a slight dip in capacity for the month — as it anticipates a further boost to demand in August and September.
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Airline BusinessBright spots in second quarter fail to mask continued airline losses
While the airline sector as a whole remains firmly in the red as it struggles to shake free from grip of the global pandemic, recent weeks have seen at least carriers in pockets of the industry post profits of some kind in the second quarter.
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NewsRomania’s Blue Air breaks new ground with Heathrow-Nice service
Romanian low-cost carrier Blue Air is to launch services from London Heathrow to Nice, a move underlining its intent to both operate from primary airports and to expand outside of its home market.
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NewsGatwick opens lender talks over debt after losses continue in first half
London Gatwick airport has entered talks with lenders to temporarily waive financial covenants after posting a loss of £245 million ($339 million) in the first six months of the year as the Covid crisis continues.
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NewsKorean Air’s operating profit rises on record cargo performance
Korean Air lifted its second quarter operating profit 31% to W197 billion ($174) million on the back of a record performance from its cargo business.
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NewsBangkok Airways narrows losses in challenging second quarter
Bangkok Airways narrowed its second quarter operating loss to Bt493 million ($14.8 million) from Bt2.7 billion a year earlier, as it continued to suffer from the collapse of Thailand’s tourism market amid the coronavirus pandemic.
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NewsAir New Zealand defers equity raise to first quarter of 2022
Air New Zealand will defer a planned equity raise to at least the first quarter of 2022, in accordance with New Zealand’s latest action plan for a phased reopening.
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NewsBrazil’s Azul optimistic about continued recovery
Brazilian airline Azul says business picked up markedly toward the end of the second quarter, and the airline remains positive that the country’s air transport recovery will continue in the coming months.
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NewsCovid-19 creates vexing planning environment: Cathay chairman
Cathay Pacific Group chairman Patrick Healy has highlighted the difficulties the coronavirus pandemic poses for planning airline operations.
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NewsCebu Pacific suffers another tough quarter amid Covid-19
Cebu Pacific Air narrowed its second quarter operating loss to P5.8 billion ($115 million), with revenue more than doubling to P3.2 billion from a year earlier.
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NewsRoyal Brunei Airlines cuts July-October schedule amid outbreak
Royal Brunei Airlines will reduce flight operations to a few direct services between July and October, amid a new wave of Covid-19 infections.
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NewsJetBlue set to launch inaugural transatlantic flight
JetBlue Airways is scheduled to launch its inagural flight to London on 11 August.
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NewsUS charter carrier Global Crossing Airlines begins passenger operations
Global Crossing Airlines, a charter carrier based in Miami, has begun passenger operations.
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NewsVirgin Atlantic to start transatlantic flights from Edinburgh
Virgin Atlantic will launch flights to Barbados and Orlando from Edinburgh as part of wider capacity growth to the region.