Latest Airlines news – Page 143
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NewsAirAsia Aviation units still below half pre-Covid traffic, despite ‘strong recovery path’ in 2022
AirAsia Aviation units were operating at less than half of pre-pandemic capacity – with total passenger volume also far from 2019 levels – despite seeing an “exceptional increase” in demand as international travel resumed in 2022.
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NewsJet2 believes full-year financial results will beat expectations
UK leisure carrier Jet2 is forecasting it will exceed full-year financial expectations, with a profit of £370-385 million ($458-476 million) after winter bookings strengthened. Jet2 states that average load factors, as a result, are slightly ahead of the pre-pandemic winter 2018-19 season, compared with a 24% hike in capacity. The ...
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NewsIndia domestic traffic rises 47% in 2022
Indian airlines saw a significant increase in domestic traffic in 2022 as pandemic restrictions eased, with Tata Sons-owned Vistara and Air India clawing back market share.
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NewsSwiss starts flying A340s with premium-economy cabins
Lufthansa Group carrier Swiss has started flying Airbus A340-300s fitted with premium-economy seating. Swiss is retrofitting all four of its A340s with the seats, the first of which (HB-JMB) commenced services with the new configuration on 24 January with a Zurich-Johannesburg flight. The airline says the A340s will all be ...
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NewsUzbekistan Airways revives attempts to sell ageing Boeing and Soviet-era fleets
Uzbekistan Airways is reviving attempts to sell an ageing fleet of Boeing twinjets as well as older Soviet-era aircraft, having recruited a UK-based consultant. The flag-carrier of the Central Asian state has been modernising its operation and recently opted to acquire additional Airbus A320neo-family jets. But it has been trying ...
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NewsPassenger fleet to grow by 22,000 aircraft by end-2041: Cirium
The global passenger fleet is forecast increase by around 22,000 aircraft – or 86% – between end-2021 and end-2041 to meet growing demand for air travel, according to Ascend by Cirium.
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NewsKazakhstan’s Qazaq Air seeks jets for network expansion
Kazakh regional carrier Qazaq Air is looking to introduce jets to its fleet in order to expand its network. The airline’s management has visited Dublin to discuss options with a number of possible lessors, aircraft manufacturers and financial firms. Qazaq Air has not disclosed its specific requirements. But the airline ...
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NewsNorse Atlantic to open JFK service from fifth European capital
Scandinavian long-haul low-cost carrier Norse Atlantic Airways is to open services between Rome and New York JFK in mid-June. The airline is to operate to the US gateway from Rome’s main Fiumicino airport. Rome will be the fifth capital city that Norse will connect to JFK, after the airline previously ...
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NewsFlyr optimistic for summer as it reaches charter flight agreements
Norwegian carrier Flyr has reached tentative agreements to operate charter services for the summer season. The airline says it has signed a letter of intent with an undisclosed partner covering flights which will operate from May to October this year. Chief commercial officer Thomas Ramdahl says the carrier “looks forward ...
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NewsFinnair outlines profitability incentive plans for staff and management
Finnair has drawn up incentive plans to support its strategic efforts to restore profitability, based on pre-tax earnings targets. It has approved a personnel plan for 2023-25 which covers staff groups that contributed to savings agreement as the carrier sought to reduce unit costs – this plan envisions a cash ...
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NewsCathay flags steeper full-year net loss, but ‘excited’ about 2023 outlook
Cathay Pacific Group expects to report a steeper net loss for the 2022 financial year on the back of “significant losses” from its associates, but remains “encouraged” about its recovery in the new year.
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NewsAmbitious Uzbek start-up Centrum looks to build 100-aircraft fleet
Start-up Uzbek carrier Centrum Air is aiming to build a fleet of 20 aircraft by the end of the year, having acquired its first single-aisle types. Centrum Air has received a pair of Airbus A320s – with a third set to arrive shortly – as well as two Boeing 737s. ...
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NewsUzbekistan places order for a dozen A320neo-family jets
Uzbekistan Airways is ordering 12 Airbus A320neo-family aircraft as part of a fleet modernisation. Four A321neos and eight A320neos are featured in the agreement, although no delivery date has been disclosed. Uzbekistan Airways has previously ordered A320s directly from Airbus, and its fleet also includes eight A320neo-family aircraft acquired through ...
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NewsCrucial Airbus-Qatar meeting rescheduled after being scuppered by attendance rules
Airbus and Qatar Airways have rescheduled a crucial meeting with European and Qatari civil aviation regulators, after a plans for an earlier gathering, intended for 11 January, fell apart following a disagreement over conditions for attendance. Qatar Airways is immersed in a legal dispute with the airframer, over skin-paint deterioration ...
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NewsRyanair chief encouraged by 737 Max ‘production ramp-up’ at Boeing
Ryanair has observed an improvement in Boeing’s output of 737 Max jets following issues with production delays last year, prompting the carrier to upgrade its delivery expectations for the coming months.
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NewsAurora’s unified east Russian carrier to integrate Khabarovsk Airlines
Russian regional carrier Khabarovsk Airlines is to be integrated with the unified eastern carrier being created under operator Aurora Airlines, through a newly-signed shareholder agreement. The agreement covers key aspects of corporate governance of Khabarovsk Airlines, which has a fleet of Antonov An-24, An-26 and Let L-410 aircraft. Aurora’s wholly-owned ...
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NewsSanctions add complexity to Russian-linked CargoLogicAir’s administration
Administrators of UK-based freight operator CargoLogicAir expect to realise sufficient funds to pay all creditors in full, but have outlined the difficulties of its task given the company’s Russian links and the international sanctions regime. CargoLogicAir, which operated Boeing 747 freighters, was forced to halt services after sanctions relating to ...
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NewsRyanair chief keener on organic growth than ‘pain in the arse’ acquisitions
Ryanair is likely to focus on organic growth in the coming years, having found its acquisitions to be “a pain in the arse”, according to group chief executive Michael O’Leary
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NewsBookings and fares strong despite consumer spending concern: Ryanair chief
Bookings and fares are proving resilient to Europe’s economic challenges, according to Ryanair group chief executive Michael O’Leary
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NewsEurope powerless to stop Russian overflights by Chinese airlines, says official
The official who runs Europe’s air transport policy admits Brussels is powerless to stop Chinese airlines gaining a competitive edge by overflying Russia after Beijing opened up to international flights for the first time in three years.