All articles by Graham Dunn – Page 19
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NewsBoeing to inject cash into Spirit AeroSystems under new deal to lift deliveries
Boeing has reached an agreement with struggling aerostructures firm Spirit AeroSystems under which it will provide a funding boost to stabilise and support future 737 Max and 787s production rate rises.
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NewsEmirates strikes Neste deal to secure SAF for 2024-25
Middle East carrier Emirates has struck a major deal with Neste to supply sustainable aviation fuel (SAF) during 2024 and 2025.
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NewsTransavia to pick up routes as Air France signals end to Paris Orly flights by 2026
Air France has outlined plans to transfer operations of its domestic flights from Paris Orly airport to its leisure unit Transavia citing a “structural fall” in demand for the network carrier’s services.
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NewsUnited lifts Q3 profits a fifth on strong international demand
United Airlines’ net profits climbed by one-fifth in the third quarter to reach $1.1 billion, in part driven by a strong performance on its international routes in the Atlantic and Pacific regions.
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NewsAir Canada stays with GEnx for fresh Boeing 787 order
Air Canada has opted for GE Aerospace GEnx-1B engines to power its latest batch of Boeing 787 Dreamliners ordered last month.
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NewsArcher strikes deal to launch electric air taxi flights in Abu Dhabi in 2026
US electric vertical take-off and landing (eVTOL) vehicle developer Archer Aviation has struck a deal with the Abu Dhabi Investment Office (ADIO) to establish air taxi operations in Abu Dhabi during 2026.
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NewsCompetition watchdog confirms CAA decision on Heathrow charges
Heathrow Airport and three of its leading operators have lost their respective appeals after the UK’s competition watchdog confirmed it had broadly backed the UK CAA’s ruling on airline charges through until 2026.
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NewsEl Al unable yet to estimate financial hit from war
Israeli flag carrier El Al has warned of a negative impact on its results for the fourth quarter as a result of the security situation in the country but is not yet able to estimate the full scope of the financial hit.
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NewsRolls-Royce to cut up to 2,500 jobs as part of group restructuring
Engine manufacturer Rolls-Royce is to cut between 2,000 and 2,500 jobs across its total business as part of a new structure aimed at “removing duplication and cost efficiencies”.
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Airline BusinessEasyJet banks on basics in push for new profit heights
Aircraft upgauging, reducing winter losses and boosting profits from its holiday business are key parts to EasyJet’s plan to lift full-year pre-tax profitability to more than £1 billion annually
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NewsStrong demand helps Delta lift third-quarter net profit to $1.1bn
Delta Air Lines’ net profits climbed 59% to over $1.1 billion in the third quarter, as revenues jumped 11% on continued strong demand.
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NewsAerolineas Argentinas to upgrade Embraer fleet with E195-E2s
Aerolineas Argentinas is to take a dozen Embraer 195-E2 regional jets to upgrade its existing fleet of smaller E190 aircraft.
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NewsEasyJet outlines £1bn profit target after strong summer confirms return to the black
Carrier expects to post a pre-tax profit in the range of £440-460 million ($541-566 million) for the 12 months ending 30 September 2023, driven by a record headline profit over the second half of its financial year.
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NewsEasyJet agrees deal with Airbus on planned order for up to 257 A320neo-family jets
UK low-cost carrier EasyJet has reached an agreement with Airbus to order a further 157 A320neo-family jets and take purchase rights on 100 more.
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Airline BusinessTop 100 airline group financial rankings 2022
Robust revenues as passenger markets reopened enabled many of the world’s leading airlines to restore profitability in 2022 – but the scars of the pandemic were still evident. FlightGlobal’s analysis of the airline industry financial performance in 2022 based on the top 100 airline groups by revenue.
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NewsTAAG Angola orders four Boeing 787s to renew fleet
Existing Boeing widebody operator TAAG Angola Airlines is renewing its fleet with an order for four 787s from the US manufacturer.
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NewsLoganair owners halt moves to sell carrier
Scottish regional carrier Loganair’s shareholders Stephen and Peter Bond are to remain as owners of the company “for the foreseeable future”, a year after detailing plans to look to sell their stake.
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Airline BusinessEuropean consolidation wave spreads north with Air France-KLM move for SAS
Consolidation within Europe post-pandemic has largely focused on opportunities for the big three airline groups to bolster their presence in the south of the continent.
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NewsRiyadh Air eyes key partnerships ahead of launch
Ambitious Saudi Arabian start-up Riyadh Air is likely to announce a number of key airline partnerships ahead of its planned launch in 2025.
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NewsMalta puts hopes on higher load factors and profitable routes for successor carrier
Malta’s government believes an eight-strong fleet together with a right-sized network and staff levels will enable its planned successor carrier to Air Malta to be profitable.