Latest Airlines news – Page 100
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NewsIAG positive on outlook but ‘mindful’ of geopolitical issues
While IAG gave relatively little away in terms of its full-year guidance after posting a strong set of third-quarter profits, this perhaps reflects confidence in the return of the fundamentals of the business more than a lack of visibility. IAG lifted operating profits 43% to €1.75 billion ($2.05 billion) in ...
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NewsKorean Air orders 20 more A321neos
Korean Air has increased its Airbus A321neo orderbook, committing to 20 additional narrowbodies as part of fleet renewal plans.
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NewsQantas adds Paris, Shanghai to network; airlines ramp up Japan-Korea flights
Qantas is expanding its international network, while other Asian carriers resume more international flights after the pandemic.
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NewsQantas refutes regulator’s ‘ghost flights’ allegations in lawsuit defence
Qantas has refuted claims by Australia’s competition watchdog that it misled its customers by selling seats on flights that never took off, charging that the regulator’s lawsuit “ignores the realities” of the airline sector.
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NewsChina Southern swings to nine-month profit as other Chinese carriers narrow losses
China Southern Airlines returned to the black in its nine-month financial results, continuing its streak of profitability since China swung open its international borders and eased pandemic restrictions.
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NewsAir France going CDG-only as Orly exit frees space for Transavia expansion
Air France’s recent announcement that it will end domestic flights at Paris Orly airport by 2026 marks what could be the final step towards the Air France-KLM Group having clearly differentiated operations at the Paris capital’s two main airports.
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NewsClarity on Lisbon airport important in TAP bid decision: Air France-KLM chief
Air France-KLM is seeking clarity on plans for new airport capacity in Lisbon, as it considers its involvement in the privatisation of flag-carrier TAP Air Portugal
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NewsLufthansa Group carriers aim to source 2,000 pilots over next two years
Lufthansa Group is aiming to recruit more than 2,000 pilots over the next two years in order to meet increasing demand. The company – which is commencing services with its new City Airlines operation next year – has embarked on a promotional campaign to source more cockpit crew. Lufthansa Group ...
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NewsAir France-KLM foresees ‘biggest benefits’ from SAS joining transatlantic JV
Air France-KLM sees SAS’s eventual membership of its transatlantic joint venture as the “biggest benefit” from its investment in the carrier, arguing that the Scandinavian operator has been “held back” from from fully capitalising on its strengths.
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NewsIAG carriers top pre-Covid levels as group posts Q3 profit of €1.7bn
IAG posted a 43% jump in operating profits to €1.75 billion ($2.05 billion) for the third quarter on continued strong demand which drove passenger revenues up a fifth for the period.
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NewsAir France-KLM cites strong summer demand as Q3 operating profit hits €1.3bn
Air France-KLM saw its operating performance hit record levels during the peak summer months amid strong passenger demand, prompting it to maintain a positive outlook for the rest of the year.
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NewsBaltic operator Heston Airlines obtains investment from lessor Genesis
Lithuanian operator Heston Airlines has obtained investment from Irish-based lessor Genesis, which is taking a minority shareholding. Neither the size of the investment nor that of the share has been disclosed. But the agreement underpins a partnership which has been in place since 2020. The Vilnius-based carrier commenced flights in ...
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NewsMAVCOM intensifies investigation into collapsed MYAirline
Police have arrested some of the grounded airline’s carriers on allegations of money laundering, unliicensed deposit-taking schemes, and fraud.
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NewsAir Inuit’s 737-800 freighters to be converted by Aeronautical Engineers
Canadian operator Air Inuit has selected US-based Aeronautical Engineers to convert three Boeing 737-800s into freighter configuration. The carrier had disclosed earlier this year that it planned to take three 737-800s to replace older 737-200s. Two of the three aircraft will be converted into a combi configuration. Aeronautical Engineers has ...
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NewsLufthansa evaluates A220 and E-Jets as it confirms City Airlines will fly in 2024
Lufthansa Group has confirmed that new short- and medium-haul carrier City Airlines will begin flights in the summer of 2024, operating out of its Frankfurt and Munich hubs.
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NewsWalsh urges others to learn from Europe ‘mistakes’ on aviation environmental policies
IATA director general Willie Walsh is urging other regions not to repeat what he calls the mistakes policy-makers in Europe have made in tackling aviation’s impact on environment.
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NewsHigher fuel costs biggest impact on industry so far from Israel war: Walsh
IATA director general Willie Walsh sees airlines feeling the brunt of the impact so far from the armed conflict in Israel through higher fuel costs rather than a noticeable impact on bookings.
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NewsTAP enjoys high yields during profitable third quarter
TAP Air Portugal has reported a profitable third quarter during which its revenues were significantly above pre-pandemic levels, as it “accelerated” its recovery from the Covid-19 pandemic downturn.
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NewsTurkish Airlines agrees to lease 28 Boeing jets from AerCap
Turkish Airlines is to lease 28 aircraft – including 25 Boeing 737 Max 8s – from Irish-based lessor AerCap from next year. Along with the 737 Max jets the carrier will lease three Boeing 787-9s. AerCap adds that Turkish Airlines will also extend leases on six Airbus A330-200s. The lessor ...
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NewsFinnair outlines full-year profit expectations after positive third quarter
Finnair Group has refined its full-year profit expectations, predicting a comparable operating result of €160-200 million ($170-212 million), and estimates that revenues will reach €2.9-3.1 billion. The upper threshold of the revenue prediction is around the pre-crisis figure recorded in 2019, although Finnair had previously doubted that this year’s revenues ...