Latest Airlines news – Page 150
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NewsJet2 lifts full-year outlook after return to profit in first half
UK leisure carrier Jet2 outstripped pre-crisis profits for the six months ended 30 September, returning to the black on surging demand after markets reopened as Covid restrictions ended.
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NewsScoot becomes latest IATA member
Singapore low-cost carrier Scoot has attained IATA membership, joining parent company Singapore Airlines as part of the international trade body.
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NewsAir India adds services on USA, Europe networks
Air India has moved to increases its international network with the addition of new services to the USA and Europe.
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NewsAirAsia India becomes India's second largest low-cost operator
AirAsia India has become the country’s second largest domestic low-cost operator, overtaking rivals SpiceJet and Go First in domestic market share.
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NewsIATA chief sees balanced load factors as sign of sustainable recovery
IATA director general Willie Walsh believes load factors in the highly profitable third quarter for airlines illustrate capacity has been well-matched to demand and provides reason for optimism that recent profitability is sustainable even with economic headwinds ahead.
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NewsNigeria’s Ibom introduces leased A320s as it awaits A220 deliveries
Nigerian carrier Ibom Air is introducing a pair of Airbus A320s as bridging capacity while the airline awaits A220 deliveries. Ibom Air is wet-leasing the aircraft on a one-year term from operator GetJet. The Nigerian airline plans to take 10 A220-300s under an agreement reached at last year’s Dubai air ...
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NewsNew Uzbek carrier Silk Avia solidifies ATR 72 fleet plan
Uzbekistan’s Silk Avia is to become the first carrier in the Central Asian state to introduce ATRs, following an agreement to acquire a fleet of turboprops. It will take three ATR 72-600s directly from the airframer and another two from a leasing company. They will be fitted with Pratt & ...
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News‘We are back indeed’: AirAsia X swings to quarterly profit
AirAsia X swung back to profitability in its latest quarterly earnings, helped by strong recovery in passenger traffic amid “significant consumer demand”.
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NewsSIA nixes A380s from North America network, as Asia-Pacific sees capacity boost
Singapore Airlines is to axe its sole Airbus A380 operation to North America, as part of a network rejig in 2023 that will see it ramp up Asia-Pacific flights amid “stronger demand”.
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NewsFinnair starts cutting jobs as airspace exclusion continues
Finnair is to shed some 150 personnel as a result of its adopting a new business strategy aimed at restoring the airline’s profitability. The carrier had previously warned that it could cut up to 200 positions as part of the measures. It states that around 90 jobs will be lost ...
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NewsVirgin Atlantic attaches new conditions to support for third Heathrow runway
Virgin Atlantic is now attaching conditions to its support for the building of a third runway at London Heathrow airport, having previously been “unequivocal” in its backing of the idea.
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NewsRomanian state set to take controlling stake in grounded Blue Air
Romania’s government is set to take a 75% controlling stake in grounded low-cost carrier Blue Air after opting to enforce a guarantee related to owed state-aid granted during the pandemic.
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NewsAsiana sees 43% rise in profits as passenger travel returns
Asiana Airlines improved its quarterly profits, amid an upswing in passenger travel following the easing of domestic and international travel restrictions.
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NewsSaudia’s Flyadeal broadens AviLease portfolio with A320neo agreement
Middle Eastern operator Saudia Group has become the latest to agree a fleet lease from new Riyadh-based lessor AviLease. Saudia Group has entered a sale-and-lease transaction covering 20 Airbus A320neos. The twinjets will be operated by the group’s budget arm Flyadeal. Saudia Group director general Ibrahim Al-Omar says the agreement ...
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NewsMalaysia’s MYAirline cleared for take-off
Malaysian start-up MYAirline has been awarded its Air Services License from the country’s regulators, paving the way for it to launch flights.
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NewsItaly names new head of streamlined ITA Airways board
Italy’s finance ministry has named Antonino Turicchi as the new president of national carrier ITA Airways after a shareholders meeting today.
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NewsSAS renegotiates leases with Bocomm on a batch of long-haul aircraft
Scandinavian carrier SAS’s restructuring of leasing agreements has advanced further with renegotiated terms covering another lessor. The latest agreement, reached as part of SAS’s US Chapter 11 re-organisation, covers three long-haul aircraft. SAS has concluded the deal with Bocomm, it states. Filings with the US bankruptcy court on 15 November ...
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NewsAir France-KLM to launch €300m offering to further repay state aid
Air France-KLM is to launch a new €300 million ($311 million) offering in a further step to accelerate the repayment of French state aid it received in response to the the Covid crisis.
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NewsSouth Korean low-cost operators narrow Q3 losses as international traffic soars
Three South Korean low-cost airlines cut their red ink in their third-quarter earnings, as passenger traffic continues to recover with the country’s easing of entry restrictions.
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NewsUK start-up Hans Airways secures fresh financing in push for AOC
UK start-up Hans Airways has completed a new round of financing which it says satisfies the UK Civil Aviation Authority’s requirements for it to secure an air operator certicate (AOC).