All Airlines articles – Page 416
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NewsHigher expenses drag Mesa Q4 profits
Mesa Air Group reported a net profit of $12 million for its fourth quarter of 2019, down from $19 million during the same quarter in 2018 as Phoenix-based regional carrier Mesa Airlines expands its fleet. Operating revenue during the quarter rose 6% year-on-year to $188 million, compared with $177 million ...
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NewsQantas tentatively picks A350-1000 for Project Sunrise
Qantas has tentatively selected the Airbus A350-1000 for its Project Sunrise ultra-long-haul route initiative, following a competition against the rival Boeing 777X. The Australian carrier would order up to a dozen aircraft, and says a final “go or no-go” decision will take place in March 2020. Source: Qantas ...
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NewsSouthwest and Boeing agree to terms on damages from Max grounding
Boeing has agreed to compensate Southwest Airlines for a portion of projected financial damages from the grounding of the global 737 Max fleet, the Dallas-based airline discloses 12 December.
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NewsIATA foresees modest air cargo recovery in 2020
Air cargo demand measured by freight tonne-kilometres will increase by around 2% in 2020, IATA estimates, as rebounding economic growth boosts trade volumes.
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Airline BusinessWhy IATA is sounding a more optimistic note for airlines in 2020
When IATA delivered a further downgrade of its industry profits outlook for this year, it was perhaps more notable that it struck such a positive tone when it came to 2020.
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NewsWizz Air to set up joint-venture Abu Dhabi carrier
Central European budget carrier Wizz Air has provisionally agreed to establish a low-cost carrier venture in Abu Dhabi, the second such budget airline plan to emerge in the emirate in recent weeks. The Abu Dhabi government says a preliminary agreement has been reached with Wizz to launch the venture in ...
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NewsTaiwan carrier FAT goes belly up
Privately owned Taiwanese carrier, Far Eastern Air Transport (FAT), will cease operations from 13 December, according to a notice on their website. “Due to long-term operating losses and difficulty in raising funds, the company will cease operations from 13 December. We apologise for any inconvenience caused to passengers and seek ...
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NewsAir New Zealand taps alliance partner Cathay for extra capacity
Cathay Pacific will operate Air New Zealand’s Hong Kong-Auckland services through to the end of March as the latter continues to deal with capacity issues due to ongoing Boeing 787-9 engine issues. In addition to its own services to New Zealand, the Hong Kong-based carrier will operate daily a 280-seat ...
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NewsSouth Korean low-cost carriers fined for safety lapses
South Korea’s Minister of Land, Infrastructure and Transport (MOLIT) has imposed fines totaling W810 million ($682,000) on Jeju Air, T’way Air and Air Seoul for flouting safety rules. Three incidents involved Jeju Air. In February, during takeoff and landing of flight 8401 between Seoul Incheon and Qingdao, the aircraft’s braking ...
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Airline BusinessNorth American airline profits seen strengthening in 2019
IATA sees all regions except North American carriers making less profits in 2019 than it expected six months ago, but by contrast expects all these other regions to improve their performance next year.
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NewsRyanair passengers ‘will not know if 737 Max is due to operate flight’
Ryanair’s aircraft allocation procedures mean passengers will not be told during the booking process whether or not their flights are due to be operated by Boeing 737 Max jets, according to group chief executive Michael O’Leary.
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NewsRyanair chief wants ‘majority in favour of something’ from UK election
The airline industry would benefit from the UK’s parliamentary election on 12 December producing a “clear majority” regarding a way forward on Brexit, in the view of Ryanair group chief executive Michael O’Leary.
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Airline BusinessDo high-profile failures tell the airline story of 2019?
Collective airline profits are likely to end 2019 still relatively high by the industry’s historical performance standards, if short of their more recent peaks. But several high-profile failures mean it feels like anything but a banner year for the sector.
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NewsIATA sees airline profits jumping back after cutting outlook for 2019
Airline body IATA expects collective industry profits to climb back to almost $30 billion in 2020, despite cutting its outlook for the current year by a further $2 billion in its latest forecast.
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Airline BusinessLack of 737 Max continues to depress Asia-Pacific deliveries
Airbus is enjoying strong Asia-Pacific deliveries of the A320neo family amid Boeing’s 737 Max woes.
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NewsShortfalls in Armenian oversight concern EASA
Scrutiny of Armenian regulation is being stepped up after the country’s Civil Aviation Committee failed to convince European air safety specialists that it was providing sufficient oversight to carriers. The European Union Aviation Safety Agency discovered shortfalls in oversight when it carried out a visit to carriers Taron Avia and ...
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NewsEl Al details Melbourne test flights
Israeli flag-carrier El Al is to operate at least three non-stop services to Melbourne over the course of April-May next year, as part of a test of ultra-long-haul operations. The airline’s reservations system reveals that it will start operating the LY87 service from Tel Aviv to the Australian city on ...
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NewsChilean carrier Sky orders 10 A321XLRs
Chilean low-carrier Sky has ordered 10 Airbus A321XLRS and arranged a training partnership with the airframer.
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NewsAer Lingus revealed as customer for two more A330s
Aer Lingus has emerged as a customer for two more Airbus A330-300s, analysis of the airframer’s latest backlog figures has revealed.
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NewsA340 limit at Bogota averted worse windshear incident
Air France restrictions on Airbus A340 take-off runs from Bogota prevented a serious windshear departure incident from potentially becoming even more hazardous, investigators have disclosed.