Latest Airlines news – Page 148
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NewsAir India in sweeping widebody cabin update
Air India will spend $400 million to refurbish the cabins of 40 widebody jets, as it continues progress under its Vihaan.AI transformation programme.
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NewsBrussels fleet expansion to include more A320neos
Brussels Airlines is to introduce a pair of Airbus A320neos in 2024, supplementing three of the type due to arrive next year. The carrier says its board of directors has approved the expansion. “Fleet renewal is the most powerful measure to reduce carbon dioxide and noise emissions from flights,” it ...
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NewsAir New Zealand forecasts higher profits amid strong travel demand, fuel price decline
Air New Zealand has raised its half-year profit forecast, on the back of “continued” strong travel demand, as well as a steady decline in jet fuel prices, though it flagged several factors that could affect its profitability in the new year.
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NewsAir Greenland becomes third A330-800 operator
Air Greenland has become the third operator of the Airbus A330-800, following delivery of the single example ordered by the airline. The carrier formally received the Rolls-Royce Trent 7000-powered twinjet on 30 November, according to the airframer’s latest delivery figures. Only seven A330-800s – the smaller variant of the A330neo ...
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NewsBA starts transferring jets to Euroflyer as new Gatwick carrier secures AOC
British Airways has started transferring aircraft to its new BA Euroflyer division after securing an air operator’s certificate for the carrier, set up to conduct short-haul operations from London Gatwick.
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NewsIAG sustainability chief warns of industry expertise shortage
Airlines will need to recruit and train more environmental experts if they are to meet carbon reduction commitments, but there is a shortage of required skills.
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NewsVirgin strikes deal for 20% of 2030 SAF requirements
Virgin Atlantic has struck a deal to purchase 10 million gallons annually of sustainable aviation fuel (SAF) produced by US firm Gevo and supplied via the carrier’s joint-venture partner and shareholder Delta Air Lines.
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NewsIATA cites importance of post-war return to Russian airspace for all airlines
A post-war reopening of Russian airspace is an important target for the airline industry, given the congestion and competition concerns created by the current situation, in the view of IATA director general Willie Walsh. Speaking during a media briefing on 6 December, Walsh explained that congestion over Europe is being ...
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NewsShortage of airframe and engine spares ‘worse than I realised’: IATA chief
IATA director general Willie Walsh has warned that a shortage of airframe and engine spares could weigh on the airline industry’s recovery in 2023.
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NewsIATA forecasts global airline industry will return to profit in 2023
The global airline industry is forecast to achieve a net profit of $4.7 billion in 2023 as the recovery from the Covid-19 crisis continues, according to IATA. That would mark the industry’s first positive result since the pandemic hit in 2020, with airlines on course for a loss of $6.9 ...
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NewsAustralian competition watchdog ‘concerned’ airlines withholding capacity to keep fares high
The Australian Competition and Consumer Commission (ACCC) has warned airlines not to withhold domestic capacity to keep airfares high, as travel demand remains robust.
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NewsSIA, Thai sign MOU to increase codesharing
Singapore Airlines and Thai Airways International have entered a memorandum of understanding (MOU) that will see more extensive codesharing between the two carriers.
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NewsQantas to add 6th A380 as international network expands
Qantas will see a sixth Airbus A380 join its fleet in December, as it plans to start operating additional international destinations.
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NewsGetJet granted air operator’s certificate in Latvia
Lithuanian wet-lease carrier GetJet has been granted an air operator’s certificate for a division based in neighbouring Latvia. GetJet Airlines Latvia obtained the AOC on 30 November from the Baltic state’s ministry of transport. Both operators will conduct flights using single-aisle Airbus A320 and Boeing 737 twinjets, with the Latvian ...
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NewsSAS expects SKr9.5bn equity raise to slip to end-January
Scandinavia’s SAS expects to commence its crucial SKr9.5 billion ($907 million) equity raise around the end of January, after the schedule for its ‘SAS Forward’ restructuring programme slipped. The airline is re-organising under US Chapter 11 protection and expects to exit the process in the second half of next year, ...
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NewsGlobal Knafaim to raise equity for Tus Airways loan repayment
Israel’s Global Knafaim Leasing is injecting additional capital into Cypriot carrier Tus Airways, via a share issue, the lessor reveals in its third-quarter financial statement. It says that the board approved the extra investment of $2 million on 30 November. Investment partner Kenneth Woolley has similarly contributed in order to ...
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NewsJetstar Group, Changi Airport end terminal reallocation impasse
Jetstar Group is to relocate its operations to Changi Airport’s Terminal 4 from end-March 2023, months after it slammed the airport operator for “unilaterally” relocating its carriers.
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NewsIndonesia AirAsia parent still in the red despite fivefold increase in revenue
AirAsia Indonesia remained in the red in its third-quarter earnings, only narrowing its operating losses slightly despite a fivefold jump in revenue for the period.
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NewsAirAsia Aviation sees ‘encouraging’ tailwinds as group returns to black
AirAsia Aviation Group expects further improvement in its performance in the near-term, helped by a continued upswing in travel demand, as the group’s carriers remained profitable for a second consecutive quarter.
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NewsIATA sees cargo demand under more pressure in October
Air freight capacity dipped below 2021 levels for the first time since April IATA figures released today show as economic headwinds continue to tighten cargo demand.