All articles by Graham Dunn – Page 24
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NewsAir Algerie seals A330neo and A350 order
Air Algerie has finalised an order for five Airbus A330-900s and a pair of A350-1000s as part of the carrier’s wider fleet modernisation plans
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NewsLufthansa plans long-haul growth for ITA
Lufthansa expects ITA Airways’ long-haul fleet to reach 24 aircraft by 2027 under a plan to develop the Italian carrier’s business from Rome Fiumicino.
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NewsO’Leary urges fresh EC competition approach on state aid and acquisitions
Ryanair chief executive Michael O’Leary believes the carrier’s recent run of court victories in overturning Covid state aid should prompt European competition regulators to review their approach to such decisions.
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NewsRyanair petition ‘next step’ in bid to secure overflight protection from French ATC strikes
Ryanair chief executive Michael O’Leary describes a petition handed to the European Commission today as the next step in long-running efforts to force France to protect services overflying the country from air traffic control strike disruption.
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NewsSpohr sees ITA low market share making case for quick competition approval
Lufthansa Group chief executive Carsten Spohr argues the relatively weak market share of ITA Airways means there is a case for European regulators to deliver an early approval for its planned acquisition of a stake in the Italian carrier.
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NewsGo First extends grounding once again
Grounded Indian carrier Go First has once again extended its suspension of flights, cancelling all flights until 28 May.
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NewsSpohr confident ITA Airways can be profitable in 2025
Lufthansa chief executive Carsten Spohr believes ITA Airways can be profitable in 2025 if it can secure regulatory approval this year for its acquisition of a minority stake in the Italian carrier.
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NewsITA Airways takes delivery of first Airbus A330neo
ITA Airways has taken delivery of its first Airbus A330-900 today at a ceremony in Toulouse, the fourth new Airbus type the Italian carrier has introduced since its launch in October 2021.
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Airline BusinessLufthansa returns to growth ambitions with ITA deal
Lufthansa Group has agreed on options to potentially acquire the remainder of ITA Airways after striking a deal today to purchase 41% of the Italian carrier.
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NewsLufthansa seals deal for stake in ITA Airways
Lufthansa has reached agreement to acquire a minority stake in ITA Airways under a plan which envisages the Italian carrier boosting revenues from €2.5 billion this year to €4.1 billion in 2027.
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NewsItaly set to unveil agreement with Lufthansa for ITA stake
Italian government talks with Lufthansa over the latter acquiring stake in national airline ITA Airways appear to have come to fruition amid widespread reports that a deal could be announced on 25 May.
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NewsTogo’s ASKY to add first 737 Max jets
Togolese carrier ASKY is to add its first Boeing 737 Max 8s after reaching agreement to lease a pair of the jets from AerCap.
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NewsWestJet reaches tentative deal ahead of pilots’ strike
Canadian carrier WestJet has reached a tentative deal with pilots working at the airline and its low-cost unit Swoop in a move averting strike action which was due to begin today.
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NewsEasyJet chief sees chance to ‘significantly’ cut winter losses
Chief executive Johan Lundgren believes EasyJet is in position to significantly reduce losses incurred over the winter and ultimately for the off-season period to become profitable for the carrier.
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NewsEasyJet narrows first-half losses
EasyJet cut pre-tax losses to £411 million for the first six months of its financial year on revenues 80% up year-on-year.
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NewsAegean cuts pre-tax losses in first quarter on strong growth
Greek carrier Aegean Airlines cut its losses to below pre-pandemic levels for the first three months of 2023, with revenue nearly double last year's figure.
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NewsStrong yields and revenue help Pegasus narrow Q1 loss
Turkish carrier Pegasus Airlines narrowed its net loss in the first quarter to €22 million ($24 million) on record revenues for the period.
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NewsSpiceJet cargo unit set to secure $100m investment
Indian carrier SpiceJet has struck a preliminary deal for a $100 million investment into its recently spun out logistics unit SpiceXpress.
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NewsSAA merger set for competition green-light after Takatso shareholders agree divestment
Investors with interests related to South African operator Lift have agreed to divest their involvement in the Takatso consortium that is to take a controlling interest in South African Airways, clearing a path for competition authorities to approve the deal. South Africa’s Competition Commission says it is recommending the country’s ...
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NewsIndia on watch over failure to enact Go First lessor de-registration requests
A body that monitors countries’ compliance with the Cape Town Convention has placed India on a watchlist after lessor requests to de-register aircraft belonging to struggling local carrier Go First were not enacted prior to it entering insolvency proceedings.