Latest Airlines news – Page 151
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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).
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NewsBangkok Airways again looks to replace aging A319s
Bangkok Airways will resume its hunt for a new narrowbody aircraft as Thailand’s air travel recovery picks up speed.
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NewsSIA to address 777-9 delays with -300ERs, not additional A380s
Singapore Airlines (SIA) will rely on the Boeing 777-300ER to accommodate delays in the 777-9 programme, and has no plans to reinstate surplus Airbus A380s while it waits for the new type.
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NewsBangkok Airways ekes out first profit since pandemic; Thai AirAsia widens loss
Two Thai operators posted stark differences in their third-quarter earnings, despite seeing a significant rise in their revenues as travel demand picked up.
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NewsHigher fuel prices punish SpiceJet in second quarter
Indian low-cost carrier SpiceJet saw its second quarter operating loss widen to Rs8.4 billion ($104 million) from an operating loss of Rs5.6 billion a year earlier.
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NewsUS DOT fines six airlines and forces refunds
The US Department of Transportation (DOT) has fined six airlines a total of $7.25 million dollars and forced them to refund more than $600 million to customers whose flights were disrupted during the Covid-19 pandemic.
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NewsAir India becomes AAPA’s first Indian member airline
Air India has joined the Association of Asia Pacific Airlines (AAPA), giving the trade body an active member in the fast growing Indian air travel market.
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NewsPAL parent posts Q3 profits as passenger revenue triples
PAL Holdings was in the black in its third-quarter earnings, retaining its profitable streak amid a three-fold jump in passenger revenue.
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NewsAir Astana to lease three Boeing 787-9s
Air Astana has signed a deal take three Boeing 787-9s through lessor Air Lease as it continues with its fleet-upgrade programme.
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NewsIATA calls for China opening; Asian government support for SAF
IATA has called on China to open its borders to boost air travel in the Asia-pacific following the coronavirus pandemic, and stressed that Asian government support is essential for the airline sector to reduce carbon emissions.
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NewsAAPA chief flags ‘disconnect’ between passenger demand, softening economy
Subhas Menon, director general of the Association of Asia Pacific Airlines (AAPA), believes there is a “disconnect” between the Asia-Pacific’s upbeat air travel recovery and the prevailing economic gloom facing the world.
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NewsAir Arabia reports Q3 revenue ahead of 2019 level as Fly Jinnah begins operations
Air Arabia Group’s third-quarter revenue of Dhs1.61 billion ($436 million) was 12% up on the same period of 2019, as the low-cost group benefited from the recovery in air travel demand. It outlined its July-September earnings on 9 November, days after its latest joint-venture operation, Pakistani carrier Fly Jinnah, commenced ...
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NewsStruggling Flyr aims to raise NKr700m through revised financing plan
Norwegian carrier Flyr is hoping to raise NKr700 million ($68 million) through a newly launched capital raise after a previous planned private placement was under-subscribed
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News‘China hasn’t come to the party’: Asia-Pacific recovery stymied despite good prospects
The continued closure of Mainland China has depressed the recovery of traffic demand in the Asia-Pacific – even as borders fully reopen in other parts of the region – with airlines cautiously optimistic about their near-term prospects.
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NewsEmirates expects return to full-year profit after strong first half
Emirates Group had returned 73 Airbus A380s to service, along with its entire Boeing 777 fleet, by the end of the first half – a period in which it generated a net profit of Dhs4.2 billion ($1.1 billion). The financial performance contrasts with the Dhs5.7 billion net loss from the ...
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NewsAsia-Pacific airlines back in growth mode: Airbus
Following the travails of the coronavirus pandemic, Asia-Pacific airlines are once again focused on growth, according to Airbus’s Asia-Pacific chief.
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NewsCebu Pacific narrows quarterly loss as revenue jumps five-fold
Cebu Pacific trimmed its operating loss for the third quarter on the back of a significant increase in passenger travel revenue, despite it being a “lean season”.
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NewsRoyal Jordanian signs Pratt & Whitney deal for A320neo, E-Jet fleets
Royal Jordanian and Pratt & Whitney have signed propulsion contracts to equip the carrier’s future Airbus A320neo-family and Embraer E-Jet E2 aircraft with geared turbofan engines.
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NewsCourt orders Kenya Airways pilots to return to work
Kenya Airways has welcomed a court decision compelling striking pilots to resume their work for the carrier. The employment and labour relations court ruling follows a walkout by cockpit crews that began on 5 November. Kenya Airways says the court has ordered pilots to return to work on 9 November. ...
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NewsLATAM cuts Q3 losses as revenues almost back to pre-pandemic levels
LATAM Airlines Group revenues moved to within 3% of pre-crisis levels in the third quarter as it posted an adjusted operating profit of $63 million for the period.