All news – Page 723
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NewsLong-term goal to be publicly listed: Virgin Australia chief
Virgin Australia’s long-term goal strategy remains to be publicly listed, confirms airline chief Jayne Hrdlicka, as the airline rebounds to profitability.
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NewsCathay plans hiring spree as airline anticipates network ramp-up
Cathay Pacific is looking to fill 4,000 roles across various sectors in the next two years, as the airline resumes flights to more points across its network with restrictions gradually easing up in its home city of Hong Kong.
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News‘I figured out how to buy an airline on Zoom’: CEOs reveal pandemic projects
While bread-making and learning a new language were among the most popular Covid-19 lockdown projects for many people, it was a difference story for the airline chief executives who featured in a panel discussion at the IATA AGM on 20 June.
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NewsAlliances have ‘lost founding discipline’ as airlines break rank: Qatar Airways chief
More carriers are today willing to break rank and look outside the airline alliances for partnerships, according to Qatar Airways chief executive Akbar Al Baker.
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NewsOman Air to become Oneworld’s third Middle East member airline
Oman Air will join the Oneworld alliance in 2024, becoming its third new member in five years.
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NewsA350-1000 ‘too small’ to top Airbus range: Emirates chief
Emirates Airline president Tim Clark has again expressed concern about how airlines will cope with rising demand in the future without recourse to new Airbus A380-sized jets, warning that ticket prices could eventually rise as a consequence of fewer seats being available into slot-constrained airports.
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NewsRwandAir’s Makolo set to be first female IATA chair in 2023
RwandAir chief executive Yvonne Makolo is set to become the first women to serve as IATA’s chair of the board of governors after being named chair-elect at its AGM in Doha today.
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NewsAir Baltic chief sees potential role for Airbus A321XLR
The Airbus A321XLR is of interest to Air Baltic in the longer term, according to the carrier’s chief executive Martin Gauss, as the carrier considers options to extend its reach.
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NewsD328eco to be powered by latest PW127XT variant
Pratt & Whitney Canada has unveiled a third variant of its PW127XT turboprop engine series, with the S-model powerplant to equip Deutsche Aircraft’s D328eco.
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NewsCrew of 777 aborted take-off at high speed after seeing E190 stopping on runway
Canadian investigators have determined that a Boeing 777-300ER crew rejected take-off at high speed after seeing that a preceding aircraft, an Embraer 190, was still on the runway after conducting its own high-speed abort. False information about the air-ground status of both aircraft, each operated by Air Canada, along with ...
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NewsIATA to return to Istanbul for next AGM
IATA is to hold its next AGM in Istanbul in 2023 with Turkish carrier Pegasus Airlines acting as host airline.
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NewsPAL hopeful of China reopening as international capacity hits 60%
With China yet to reopen its borders, Philippines Airlines, which counts the Mainland among its key markets, is reallocating capacity to other parts of its network.
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News‘Nightmare is becoming reality’ on airport charges: IATA chief
IATA director general Willie Walsh has called on governments to ‘show backbone’ and reject airport requests to increase their charges to airlines.
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NewsIATA trims industry loss expectations for 2022 to $9.7bn
IATA director general Willie Walsh believes a return to profit across the industry is possible in 2023 after the association cut back its estimate of airline losses for this year to $9.7 billion.
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NewsShell partners with Accenture and AMEX GBT on SAF ‘book-and-claim’ initiative
Three airlines including Cathay Pacific have signed up to trial a new blockchain-powered ‘book and claim’ sustainable aviation fuel initiative launched by Shell, Accenture, and American Express Global Business Travel aimed at boosting corporate demand.
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NewsWizz Air revisits fuel-hedging policy dropped during pandemic
Budget carrier Wizz Air is embarking on a return to fuel hedging having abandoned the policy during the pandemic in order to avoid future losses. Coverage levels are likely to range from 65% in the first quarter of the hedging horizon to 15% in the last. The airline says it ...
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NewsEasyJet consolidates flights to claw back operational reliability
UK budget carrier EasyJet is consolidating flights from various airports, cutting departures in order to counter operational problems caused by staffing and supply-chain issues during post-pandemic ramp-up. It says the industry is suffering personnel shortages, longer aircraft turnaround times, knock-on delays and cancellations. “A very tight labour market for the ...
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NewsGaruda secures creditor approval for restructuring
Garuda Indonesia has secured creditor approval for a major restructuring, according to media reports from Indonesia.
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NewsAVIC conducts maiden flight of TP500 cargo UAV
AVIC has conducted the maiden sortie of a new unmanned air vehicle (UAV) designed for carrying freight.
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NewsCourt’s restructuring approval shifts LATAM towards Chapter 11 exit
Latin American operator LATAM Airlines Group is expecting to exit its US bankruptcy-protection process in the second half of this year after its restructuring plan secured court approval. The operator says the plan has been backed by “nearly all” of its creditors, following months of negotiation and mediation which, according ...