All Airlines articles – Page 9
-
NewsSouth Korean LCCs narrow losses as revenue picks up
South Korean low-cost carriers remained in the red during the second quarter, though losses narrowed on the back of revenue uptick.
-
News
Asiana’s Q2 operating profit declines amid higher fuel prices
Asiana Airlines saw its operating profit fall 17.5% to W94.9 billion ($81.1 million) in the second quarter, as higher fuel costs weighed on performance.
-
News
Commercial pilots warned Afghan airspace is ‘uncontrolled’
Commercial pilots are being warned that the status of aeronautical information services for Afghanistan is unknown while air traffic services remain unavailable in the country’s airspace. NOTAMs for the Kabul flight information region state that any transit through the airspace “will be uncontrolled” and that surrounding FIRs have been notified ...
-
News
SpiceJet targets October completion of logistics unit divestment
India’s SpiceJet expects to complete the divestment of its logistics platform SpiceXpress by 1 October, paving the way for the latter to commence operations as a separate entity.
-
News
Malaysia proposes to approve Korean Air-Asiana merger
Malaysia’s aviation regulators have proposed to approve the merger between Korean Air and Asiana Airlines, noting that the move “would not infringe” local laws.
-
News
Satellite imagery shows crowds, aircraft at Kabul airport
Satellite images have highlighted the chaotic situation at Kabul’s Hamid Karzai International airport on 16 August.
-
News
Spirit’s operational meltdown cost $50m; expects Q3 loss
Spirit Airlines has cut its third-quarter revenue expectations after cancelling thousands of flights due to weather and staffing issues.
-
News
Ampaire charges up UK ambitions after successful Scottish test campaign
California-based electric aircraft developer outlines future evaluations under government-backed Future Flight Challenge programmes.
-
News
Emirates cements partnership with South African regional Airlink
Emirates has expanded its co-operation with South African regional operator Airlink into a full codeshare partnership.
-
News
Jazeera’s second quarter operating loss widens
Kuwait’s Jazeera Airways’ operating loss widened significantly in the second quarter to KD4.73 million ($15.7 million) as compared to KD1.87 million in the same period in 2020.
-
News
Helvetic receives fourth E195-E2 as carrier completes fleet renewal
Helvetic Airways has taken delivery of its fourth and final Embraer E195-E2 – and its 12th second-generation E-Jet - as the Swiss regional carrier concluded a fleet renewal programme begun in October 2019.
-
News
German state begins to reduce stake in Lufthansa
Germany’s Economic Stabilisation Fund (WSF) is to sell up to a quarter of the 20% stake it took in flag carrier Lufthansa as part of a state rescue package last summer.
-
News
Thai 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.
-
News
Jeju Air to raise $180 million via share issue
Jeju Air aims to raise nearly W210 billion ($180 million) from an equity raise.
-
News
Rex 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.
-
News
Thai 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.
-
News
SpiceJet 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.
-
News
Vityaz-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 ...
-
News
Cathay 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.
-
Analysis
Bright 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.
