Latest Airlines news – Page 102
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NewsAir Nostrum and CityJet finally join forces in European regional alliance
Regional carriers Air Nostrum and CityJet have formally joined forces to create a European regional airline alliance, nearly five years after a tie-up was first proposed.
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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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NewsKLM Cityhopper chief warns Schiphol transfer tax could ‘kill the network’
The chief executive of regional carrier KLM Cityhopper has warned of the potentially serious impact of introducing a transfer tax at Schiphol airport, while stating his belief that the commercial aviation sector and the Dutch government will “find each other again” and achieve better outcomes at the hub.
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NewsMalaysia’s MYAirline gets AOC revoked, as airline claims ‘multiple’ offers in revival bid
Malaysian regulators have suspended the air operator certificate (AOC) of start-up low-cost operator MYAirline, dealing a blow to the carrier’s revival plans.
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NewsJeju Air eyes growth after strong rebound from pandemic
The arrival of the 737 Max 8 next month sees Jeju air eyeing longer range services, as the carrier puts the coronavirus pandemic firmly behind it.
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NewsQantas hit by another executive departure as loyalty chief resigns
Qantas’ loyalty programme chief Olivia Wirth has announced her departure, the latest in the string of high-ranking executive resignations to hit the embattled carrier.
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NewsSAS agrees sale-and-lease of A320neo pair and looks to retain A330
Scandinavian operator SAS is intending to enter a sale-and-leaseback agreement covering a pair of Airbus A320neo twinjets. The airline is under US Chapter 11 protection as it implements a restructuring process, known as ‘SAS Forward’, of which the fleet re-organisation is a key part. It has set out details of ...
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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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NewsAeroflot settles foreign-aircraft claim with lessor CDB Aviation
Russian operator Aeroflot Group has reached another settlement over leased foreign aircraft, through a deal with CDB Aviation. The agreement with the Irish-based lessor covers four aircraft, but financial terms have not been revealed. Aeroflot says that, as a result of the settlement, the lessor has “ceased its claims” against ...
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NewsAir NZ expects slimmer profits amid ‘uncertain’ economic environment
Air New Zealand expects to report a lower half-year profit, as it flags “volatile” fuel prices, increased competition, as well as uneven travel demand.
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NewsMalaysia’s MYAirline suspends operations, citing ‘significant financial pressures’
Malaysian start-up MYAirline has abruptly suspended operations indefinitely – days after its founding CEO stepped down – citing “significant financial pressures”.
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PodcastAirline Business Podcast: SAS stakes, sustainability and sweet spots
Graham and Lewis discuss the latest consolidation moves in Europe, as Air France-KLM announces plans to take a minority stake in SAS.
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NewsLuxair orders up to nine Embraer E195-E2s
Luxair has ordered up to nine Embraer E195-E2 twinjets, as it continues with a fleet modernisation effort.
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NewsMaldivian start-up Beond unveils initial A319 as it promises ‘premium leisure’ flights
Start-up carrier Beond has formally unveiled its first aircraft at an event in the Maldives, from where it aims to conduct initial services to European cities. Beond will commence services with an Airbus A319 (8Q-FBA) which was originally delivered to EasyJet in 2004. It aims to operate from Male, the ...
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NewsQantas board shake-up sees departure of chairman
Qantas chairman Richard Goyder is to step down in late 2024, in the latest leadership shake-up at the embattled carrier as it works to repair its tattered reputation.
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NewsEmirates to purchase two A380s leased from investment vehicle
Middle Eastern carrier Emirates is to purchase a pair of Airbus A380s owned by a Guernsey-based investment vehicle. Emirates is acquiring the two jets – MSN77 and MSN90 – which it leases from the vehicle, Doric Nimrod Air Two. The entity purchased the aircraft respectively in October and December 2011. ...
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NewsSAS and financer Apollo clash over rescue consortium’s expense-repayment deadline
SAS has obtained a favourable court ruling to shorten a notice period for a hearing on repayment of expenses, in relation to its recent equity-solicitation process, despite objections from a key financial participant in the carrier’s restructuring.
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NewsOlder aircraft could be candidates as Finnair ponders eventual narrowbody renewal
Finnair is content with its current fleet structure but indicates that it is more likely to lean towards older engine technology for updating its narrowbodies given the long delivery lead times and recent technical snags with new powerplants.
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NewsKLM to help shape Heart ES-30 through advisory board role
Dutch flag carrier KLM has become the latest blue-chip airline to join Heart Aerospace’s industry advisory board.
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News‘Important milestone’: Virgin Australia posts first profit in 11 years
Virgin Australia has reported its first annual profit in 11 years on the back of record leisure travel demand, and as business transformation efforts continue to bear fruit.