Latest Airlines news – Page 129
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NewsEl Al ties up with travel specialist to create tourism joint-venture company
Israeli flag-carrier El Al is aiming to establish a joint-venture company specialising in tourism, in which it will hold a 40% share. The airline has reached a provisional agreement through which it will collaborate with Tel Aviv-based travel firm Issta, which would also have 40% of the venture. El Al ...
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NewsFlydubai shows off sliding-door privacy suite for business-class cabin on 737s
Middle Eastern carrier Flydubai has unveiled a new premium business suite for single-aisle aircraft, which will include a sliding privacy door. The airline showed off the development at the Arabian Travel Market and states that it will be introduced on its fleet from November this year. Flydubai operates some 75 ...
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NewsProfitability imminent for China’s ‘Big Three’: HSBC
HSBC Global Research believes China’s three largest carriers could return to the black as early as the quarter ended 30 June, amid “robust travel demand” and rising airfares.
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NewsQantas appoints finance chief as new CEO
Qantas has appointed finance chief Vanessa Hudson as its new airline CEO, making her the first female leader in its 103-year history, and ending months of speculation over the carrier’s leadership succession plans.
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NewsLuxair commits to another pair of 737 Max 8s
Luxembourg’s flag-carrier, Luxair, is to purchase another pair of Boeing 737 Max 8s, taking its overall commitment to four of the type. The airline states that the additional aircraft will feature spacious cabins, and offer passengers a “more comfortable flying experience”. Luxair had already opted, earlier this year, to order ...
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NewsChina’s ‘Big Three’ shave Q1 losses as ‘zero-Covid’ eases
China’s three largest carriers dramatically slashed their red ink in their first quarterly earnings since Beijing eased much of its ‘zero-Covid’ curbs.
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NewsAir Algerie opts for A350, A330neo, 737 Max and plans lease of additional jets
Air Algerie has provisionally selected a mix of Airbus and Boeing jets to meet a 15-aircraft fleet requirement, after seeking offers last year. The Algerian flag-carrier states, in a tender document, that it has tentatively opted for two Airbus A350-1000s and five A330-900s. It is also planning to take eight ...
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NewsJet2 becomes latest carrier to detail investment in sustainable fuel facility
UK leisure travel and budget airline firm Jet2 is investing in a sustainable aviation fuel plant which will be established near Liverpool. The company will take an equity stake in the Ellesmere Port plant, which will start operations in 2027 and produce fuel from non-recyclable household waste. Fulcrum BioEnergy will ...
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NewsStarlux marks long-haul foray with inaugural Los Angeles flight
Taiwanese operator Starlux Airlines has begun trans-pacific flights to Los Angeles, as it eyes opportunities in the North America-Asia transit market.
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NewsIcelandic carrier Play’s first quarter burdened by ramp-up expenditure
Ramp-up costs for Icelandic budget carrier Play’s summer season affected the airline more heavily than last year. The carrier has disclosed a net loss of $17.2 million for the first quarter of this year, compared with the previous loss figure of $11.2 million. But it says operating losses of $17.7 ...
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NewsIcelandair passenger activity strong in first quarter but cargo proves disappointing
Icelandair Group’s passenger operations proved strong over the first quarter, but the company is citing an unfavourable market – as well as schedule irregularities – for a below-expectation performance in the cargo sector. The company generated revenues of $233 million, including $170 million from passenger services, with record unit revenues. ...
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NewsAgeing freighters face fallout from reduced air cargo demand
Older freighters are being grounded as a result of ongoing reduced demand and increased capacity in the air cargo sector, according to Sander Schuringa, manager of market intelligence at Seabury Cargo.
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NewsFinnair cautious on post-summer demand as it welcomes small Q1 profit
Finnair highlighted uncertainty about the durability of high passenger demand as it reported its third consecutive quarterly operating profit amid a strategic overhaul of the business.
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NewsAirlines are maintaining focus on air cargo: IATA chief
Airlines are maintaining the focus on air cargo that they gained during the Covid-19 pandemic, according to IATA director general Willie Walsh.
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NewsAAPA flags ‘lacklustre’ Asia-Pacific cargo traffic as passenger travel rebounds
The Association of Asia Pacific Airlines (AAPA) has warned of a “lacklustre” air cargo market in the region amid a decline in demand that is being juxtaposed by “robust recovery” in passenger traffic.
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NewsANA parent swings to first operating profit in three years
All Nippon Airways parent ANA Holdings swung to an operating profit for its 2022 financial year, benefiting from the lifting of travel restrictions related to the coronavirus pandemic.
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NewsAir China to sell eight A330s to cargo unit in fleet rejig
Air China is to sell eight Airbus A330-200s to its cargo unit Air China Cargo in a deal worth up to $114 million, as part of fleet optimisation efforts and to “improve the economic benefits” of aircraft disposal.
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NewsAirAsia units ramp up international capacity amid ‘sustained demand’
AirAsia Aviation carriers see “sustained demand” in international travel demand amid a significant capacity ramp-up in the first quarter of the year, including resuming flights to Mainland China.
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NewsStrong demand, cheaper fuel prompt Air NZ to up profit guidance
Air New Zealand has increased its profit forecast for the 2023 financial year, citing strong demand for both domestic and international travel.
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NewsHong Kong Airlines restructuring gets underway; network, fleet ‘realignment’ to come
Hong Kong Airlines (HKA) expects to undertake a network and fleet “realignment” in the near term, as part of business recovery efforts after it secured investment for its restructuring.