Latest Airlines news – Page 149
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NewsSAS progresses with restructuring but full-year losses remain heavy
Scandinavian operator SAS is aiming to complete its court-supervised restructuring process in the second half of next year, as it releases its first full-year figures since entering US Chapter 11 protection. Its Chapter 11 process is intended to enable the airline to progress with its extensive ‘SAS Forward’ restructuring programme. ...
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NewsIsrair details updated bid for Smartwings
Israeli carrier Israir has detailed its binding offer for Czech operator Smartwings, but has yet to discover whether it will be successful. Israir says the transaction, if accepted, would be valued at €44 million which includes €8 million for the entire share capital of Smartwings. Another €12 million would be ...
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NewsAsia-Pacific air travel rebound continues in October: AAPA
International air travel continued to recover in October, helped along by the easing of travel restrictions in key North Asian markets.
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NewsNorse Atlantic to open Paris-New York service next year
Norse Atlantic Airways is to open transatlantic services to New York JFK from Paris Charles de Gaulle next year. The airline states that the operation – which will be daily – will commence on 26 March. Norse Atlantic uses a fleet of Boeing 787s for its services. The airline’s route ...
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NewsCapital A to divest airline units to AirAsia X as part of restructuring plan
Capital A has outlined plans to dispose of its airline interests to AirAsia X after seeking an extension from the Malaysian stock market to submit “a holistic regularisation” plan.
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NewsAir Corsica receives first ATR 72-600 with PW127XT engines
ATR has delivered the first ATR 72-600 twin-turboprop equipped with new Pratt & Whitney Canada PW127XT engines to Air Corsica, a milestone coming little more than a year since the update was unveiled.
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NewsCroatia Airlines to operate up to 15 A220s as it places firm order
Croatia Airlines has formally ordered six Airbus A220-300, and aims to lease a further nine of the type. The carrier is intending to build a fleet of 15 of the twinjets under a modernisation programme. Airbus says the A220s will replace earlier-generation aircraft in the fleet. Croatia Airlines operates a ...
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NewsUK competition watchdog ‘to consider’ revised Korean Air-Asiana merger plan
The UK’s Competition and Markets Authority (CMA) is considering approving a revised plan from Korean Air over its proposed acquisition of compatriot Asiana Airlines.
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NewsFlyr chief steps down as carrier bids to overcome financial strife
Norwegian carrier Flyr’s chief executive, Tonje Wikstrom Frislid, has opted to step down from her post having led the airline since it commenced operations last year. Chief financial officer Brede Huser is taking over, the carrier states. The transition comes at a crucial point in the airline’s development, because Flyr ...
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NewsAir Moldova quarrels with civil aviation regulator over safety inspections
Air Moldova has clashed with the country’s civil aviation regulator in an extraordinary spat over the results of inspections at the airline. The Moldovan civil aviation authority has declared that, during unannounced inspections, it found “serious deficiencies” in the airline’s finances which could potentially interfere with air safety and the ...
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NewsNorse Atlantic issues new shares to raise funds for UK operation
Norse Atlantic Airways has raised NKr300 million ($30 million) through a private placement aimed to generate funds required for its UK operation. The airline, having completed the placement, is turning its attention to a subsequent offering to other shareholders, intended to generate further proceeds – as well as “limit the ...
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NewsUkraine’s SkyUp secures third-country approval for UK operations
Ukrainian carrier SkyUp Airlines has obtained the third-country approval required to open services to the UK. The airline, which has been using a fleet of Boeing 737-700s and -800s, says it has obtained the approval from the UK regulators. Operators which were previously able to access the UK under the ...
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NewsEl Al to bring in freighter next year and signals plans to renew narrowbodies
Israeli flag-carrier El Al is pressing ahead with plans to introduce a dedicated freighter, indicating that the aircraft will arrive in the second quarter of next year. It has not identified the type but indicates that it will be a narrowbody aircraft in its latest fleet plan, outlined in the ...
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NewsUK aviation calls for bigger role in economic growth planning amid Brexit pain
Key stakeholders in the UK’s air transport industry have lamented the impact of Brexit as they urged the government to put the sector at the centre of growth plans for the wider economy.
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NewsMalaysia’s MYAirline to start flying on 1 December
Malaysia start-up MYAirline will commence services in Malaysia from 1 December, flying to three destinations in the Southeast Asian country.
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NewsRex to turn profitable by end-June
Australia’s Regional Express expects to report a profit for its current financial year, which ends on 30 June 2023, as its domestic jet operations continue to be profitable.
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NewsPrototype MC-21s to carry Rossiya livery during training programme
Irkut has painted an MC-21 twinjet in the colour scheme of Aeroflot Group carrier Rossiya, the first airline set to receive the type. The aircraft was painted at a facility in Ulyanovsk. Rossiya was designated as the main operator of Russian-built aircraft under a re-organisation by Aeroflot Group prior to ...
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NewsEl Al turns in third-quarter profit as revenues near pre-crisis level
Israeli flag-carrier El Al has turned in further evidence of a recovery trend in its operations, with a third-quarter pre-tax profit of $68 million. It states that the business is benefiting not only from the summer season but also the lifting of travel restrictions and compulsory masking, and the cancellation ...
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NewsRwandAir takes delivery of first freighter
Central African carrier RwandAir has taken delivery of its first dedicated freighter as it seeks to expand its cargo operations.
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NewsSAS to open JFK link to complement Newark operation
Scandinavian operator SAS is to open a new connection to New York JFK, from its hub in the Danish capital Copenhagen. The Star Alliance carrier – which is currently restructuring under US Chapter 11 protection – says the route will open early next year. SAS will serve the sector five-times ...