Latest Airlines news – Page 126
-
NewsCourt grants approval for SAS’s equity-raise solicitation
Scandinavian carrier SAS has obtained court approval to commence solicitation procedures to raise equity as part of the airline’s ‘SAS Forward’ restructuring programme. The carrier, which is under US Chapter 11 protection, states that potential investors will have about 13 weeks to present final bids. “We will conduct a competitive ...
-
NewsJeju Air, Jin Air enjoy profits in first three months of 2023
South Korean low-cost carrier Jeju Air narrowed its operating loss for the 2022 financial year, while rival Jin Air swung to an operating profit in its first quarter.
-
NewsJapan’s Skymark Airlines turns profitable on ‘remarkable recovery’ in demand
Japanese operator Skymark Airlines rebounded to a full-year profit amid “remarkable recovery” in travel demand as Japan eased much of its pandemic curbs.
-
NewsAsiana net loss widens on weaker Won, though operating profit grows
Asiana Airlines widened its first-quarter net loss on the back of foreign exchange losses, and despite improving on its operating profit as travel demand picked up.
-
NewsUkraine’s SkyUp creates Maltese carrier to establish EU presence
Ukrainian carrier SkyUp Airlines has established a Maltese division, giving the operator a presence in the European Union. It has branded the division SkyUp MT and says it has obtained an air operator’s certificate as well as other regulatory certifications. SkyUp has transferred an initial aircraft, a 189-seat Boeing 737-800, ...
-
NewsUK cargo start-up One Air hints at eventual migration to 777F
UK start-up cargo carrier One Air has disclosed that it could look to modernise with Boeing 777 freighters as its business develops. The operator is formally seeking to operate US routes, and has submitted a filing with the US Department of Transportation. One Air has newly secured an air operator’s ...
-
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.
-
PodcastAirline Business Podcast: Q1 earnings, Ryanair order, Go First woes, Joyce's Qantas legacy
Graham and Lewis discuss how European and North American carriers performed during the recent earnings season, which saw a degree of ‘normalisation’ and plenty of positivity about the summer
-
NewsPhilippine Airlines confirms intention to sell Dash 8 Q300s
Philippine Airlines (PAL) has confirmed plans to sell its fleet of De Havilland Dash 8 Q300s, and is looking at “newer generation” aircraft to replace them.
-
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 ...
-
NewsJazeera chief stays coy on fleet requirements for Saudi carrier
Kuwaiti budget carrier Jazeera Airways is expecting to have around 35 aircraft by 2025, with a number of them potentially allocated to its proposed Saudi Arabian joint venture. Speaking during a briefing earlier this month, chief executive Rohit Ramachandran referred to ‘Jazeera Saudi’ – a start-up in which the Kuwaiti ...
-
NewsAir India continues to build Delhi hub; New Zealand eyes China tourists
Air India continued has continued to flesh out its international network, with the addition of a non-stop service between Delhi and Amsterdam, while Air New Zealand highlights rebounding international capacity.
-
NewsNorwegian claims success in limiting Q1 losses as it eyes strong summer
Norwegian is expecting one of its strongest-ever summer seasons after a first quarter during which it claims to have successfully limited losses.
-
NewsThai full-service carriers return to black amid tourism rebound
Thai Airways International and Bangkok Airways returned to profitability in the first quarter of the year amid strong growth in tourist arrivals, especially from North Asia.
-
NewsSpiceJet’s Singh insists there are no plans for insolvency
Indian low-cost carrier SpiceJet says it has no plans to file for insolvency, as it continues to reactivate grounded aircraft.
-
NewsCourt rules TAP pilot’s death no excuse for refusing passenger compensation
Portuguese carrier TAP is not relieved of its obligation to compensate passengers for a flight cancelled after the death of a pilot, European judges have ruled. The first officer of the Stuttgart-Lisbon service, on 17 July 2019, was found deceased in his hotel room about 2h before the scheduled departure ...
-
NewsEmirates surges back to profit
Profits at Dubai-based Emirates Group have soared to record levels for the year ended 31 March 2023, hitting Dhs10.9 billion ($3 billion), reversing two consecutive years of pandemic-driven losses.
-
NewsIraqi Airways aims for May delivery of first 787
Iraqi Airways has indicated that it will receive its first Boeing 787 at the end of May. The airline has been co-ordinating the introduction of the twinjet with the US airframer, and states that it is completing discussions on technical and operational preparations. Iraqi Airways has 10 787s on order, ...
-
NewsEmirates creates $200m sustainability fund as chief warns on decarbonisation pace
Middle Eastern carrier Emirates is creating a $200 million fund to accelerate research into reducing commercial aviation’s carbon impact. The Dubai-based airline is warning that the sector needs more effective options to decarbonise. Its sustainability fund is focused on engine, fuel and energy concepts. “It’s clear that, with the current ...
-
NewsJet2 puts first A321neo into service
Jet2’s first Airbus A321neo has entered service, marking the beginning of its shift away from operating a Boeing-dominated fleet.