Latest Airlines news – Page 147
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NewsEtihad recruits another ex-TAP executive as chief financial officer
Etihad Airways has named another former TAP Portugal executive, Raffael Quintas, as chief financial officer, just weeks after appointing TAP’s ex-chief, Antonoaldo Neves, to lead the airline. Quintas became TAP’s finance chief in 2018 having previously worked as treasurer of Brazilian carrier Azul. His career has also included strategic roles ...
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NewsHong Kong Airlines wins court approvals for HK$49 billion debt restructuring
Courts have approved a major restructuring plan for embattled carrier Hong Kong Airlines, which will see its fleet reduced to 20 aircraft from 53.
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NewsCyprus Airways looks to bring in A320neos mid-decade
Cyprus Airways is aiming to modernise its fleet with Airbus A320neos, and take the number of aircraft it operates to 11 by 2026. The carrier has outlined a strategic plan under which it will conduct services with four A320s next year – doubling its capacity from the current two – ...
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NewsHong Kong travel opening lifts Cathay November traffic
Cathay Pacific saw strong traffic growth in November on the back of Hong Kong’s continued opening as it emerges from the coronavirus pandemic.
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NewsCapital A’s Teleport secures $50 million to fund A321F acquisitions
Capital A’s Teleport logistics unit has raised $50 million to help finance new cargo aircraft, and to build out its cargo infrastructure.
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NewsAir New Zealand reveals four partners for low-emission aircraft trials
Air New Zealand has selected four aircraft providers – Beta Technologies, Cranfield Aerospace Solutions, Eviation, and VoltAero – for its Mission NextGen programme, which will see the carrier perform commercial demonstration flights of low-emission aircraft from 2026.
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NewsStrong end to 2022 prompts Lufthansa Group to raise full-year profit forecast
Lufthansa Group has raised its full-year operating profit forecast to around €1.5 billion ($1.6 billion), as the final months of 2022 exceed expectations.
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NewsViolent protests halt airport operations in Arequipa
Violent protesters have overrun the airport in Arequipa, Peru, causing the airport’s operator to close the terminal and airlines to cancel flights.
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NewsFinnair extends repayment of €600m loan amid business restructuring
Finnair has extended the period over which it will repay a largely state-guaranteed loan, as it seeks to shore-up its financial position amid the impact of its exclusion from Russian airspace.
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NewsRyanair to pay compensation for 2018 strikes after dropping appeal
Ryanair is to offer compensation to passengers affected by a pilot strike four years ago, after dropping plans to take a rejected appeal to the UK Supreme Court. The budget airline, having chosen to recognise trade unions for pilots and cabin crew, suffered a series of industrial actions in 2018, ...
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NewsStar Alliance chief Goh set to head Gulf Air holding company
Star Alliance chief Jeffrey Goh is to take up a position heading the Middle East’s Gulf Air Group Holding, which oversees Gulf Air and its associated companies. Goh will become the chief of the Bahraini group from 1 January. He had indicated earlier this year that he planned to step ...
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NewsEU ETS reforms upset Ryanair but draw mixed reaction from airline bodies
A provisional agreement on reform of the European Union’s Emissions Trading Systems with regards to aviation has prompted a mixed reaction from airlines.
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NewsVirgin Atlantic livid as UK regulator details interim Heathrow price cap
The UK Civil Aviation Authority has published proposals for an interim price cap on passenger charges at Heathrow airport for 2023, prompting a predictable backlash from airlines including Virgin Atlantic.
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NewsIATA chief doubts single-pilot operations will be seen soon, ‘if ever’
The director general of airline association IATA believes the debate over single-pilot operations in commercial aviation will continue for many years, with no certainty that such practices will ever be adopted by airlines.
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NewsEtihad partially restoring A380 fleet for service on London route
Middle Eastern carrier Etihad Airways is to re-introduce Airbus A380s from next year, initially on the London Heathrow route. Four of the double-deck type will be brought in from summer 2023 to address increasing demand on the Abu Dhabi-based airline’s network. New Etihad chief executive Antonoaldo Neves says the carrier ...
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NewsAirAsia to stand-up majority-owned carrier in Cambodia
The AirAsia Aviation Group will set up a new joint venture low-cost carrier in Southeast Asia’s popular tourist destination of Cambodia.
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NewsMadagascar Airlines to lease three Embraer E190-E2 jets
Madagascar Airlines is to take three Embraer E190-E2 jets from lessor Azorra, an executive from the airframer said on 7 December.
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NewsKorean Air offers Virgin route access in return for Asiana tie-up approval
Korean Air is offering to ease entry for the UK’s Virgin Atlantic on specific routes in order to remedy competition concerns over its merger with Asiana. Virgin Atlantic is in line to join the SkyTeam alliance, of which Korean Air is already a member. The UK Competition and Markets Authority ...
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NewsIATA predicts 4% drop in air cargo volumes next year
Air cargo traffic is predicted to drop by a further 4% next year, while yields and revenues are also expected to weaken compared with this year’s levels.
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NewsRyanair group chief O’Leary staying at least until mid-2028
Ryanair Group chief executive Michael O’Leary will remain in his post until at least mid-2028, under a new agreement with the company. The agreement extends his leadership contract by four years, from July 2024 to July 2028, the budget carrier has disclosed. It says O’Leary – who originally became Ryanair ...