Latest Airlines news – Page 152
-
NewsBRA to operate corporate route with maximum-permitted sustainable fuel blend
Swedish carrier Braathens Regional Airlines is claiming to be the first to operate services with the maximum-permitted blend of sustainable aviation fuel. BRA, which uses a fleet of ATR 72s, will conduct two flights weekly between Gothenburg and Lyon, on behalf of automotive firm Volvo Group, from autumn this year. ...
-
NewsCyprus Airways expands network to major European capitals
Cyprus Airways is to expand its network to the major European capitals of Paris and Rome, with year-round services from mid-December. The airline currently operates to seven regional destinations from its Larnaca base: the Greek cities of Athens, Thessaloniki, Rhodes and Heraklion, plus Beirut, Tel Aviv and Yerevan. It uses ...
-
NewsLufthansa launches Airbus virtual-reality cockpit training for A320s
Lufthansa Group is to serve as launch customer for a virtual-reality procedure trainer for pilots being developed by Airbus. Airbus intends the system to allow pilots to undertake procedures training without the use of a flight simulator or fixed training equipment. The airframer showed off the development at the European ...
-
NewsAir Serbia to open Chinese long-haul link despite restrictions
Air Serbia is to open a new long-haul service connecting Belgrade to the Chinese city of Tianjin before the end of the year. The airline is to open the connection on 9 December. Air Serbia will deploy Airbus A330 twinjets on the route. But continuing Chinese restrictions from the pandemic ...
-
NewsIsraeli state takes Israir convertible bonds in exchange for financial aid
Israel’s government is to provide financial assistance to operator Israir Group in exchange for convertible bonds. The ministry of finance has agreed to provide 33 million shekels ($9.4 million) to the company’s aviation and tourism division. It will provide the funding in US dollars, and receive convertible bonds as collateral ...
-
NewsRegulatory constraints crimp SIA’s capacity growth in some markets
Singapore Airlines (SIA) wants to continue adding capacity on its path to rebuild its network, but faces regulatory constraints for resuming services to some countries.
-
NewsAir France-KLM repays €1bn of state loan early after strong results
Air France-KLM Group has repaid early part of the outstanding state-backed loan granted to support the company during the pandemic.
-
InterviewGulf Air’s ‘boutique’ strategy gives it point of difference: chief executive
Capt Waleed Al Alawi says Bahrain airline is ’small, personal and effective’
-
NewsIndiGo still cool on hedging despite fuel and currency challenges
IndiGo remains unconvinced that fuel and foreign exchange hedging would be beneficial to the business, despite such costs weighing heavily on its financial performance in its fiscal second quarter.
-
NewsPessimism over inflation risk to Ryanair’s business ‘exaggerated’: O’Leary
Ryanair chief executive Michael O’Leary insists that concerns over rising inflation and recession on its business have been “greatly exaggerated”. O’Leary shrugged off pessimistic forecasts as the budget carrier group unveiled strong second quarter net profits of €1.2 billion. “As the lowest-cost producer in Europe, we expect to grow strongly ...
-
NewsRyanair to retrofit scimitar winglets on 737-800 fleet to cut fuel-burn
Budget carrier Ryanair is to retrofit scimitar winglets across more than 400 Boeing 737-800s in its fleet, in order to trim fuel consumption. The retrofit programme will commence during the winter season, the airline states, and represent an investment of more than $200 million. Scimitar winglets are an evolution of ...
-
NewsIsrair unifying its fleet around A320s after agreeing to sell ATR 72s
Israeli leisure operator Israir has tentatively agreed to sell its pair of ATR 72-500 turboprops, in order to simplify its fleet. Israir intends to unify its fleet based on Airbus A320s. It has six A320s – two owned and four dry-leased – and intends to add a seventh in the ...
-
NewsScotland’s Loganair takes more ATRs to replace Saab 340 fleet
Scottish carrier Loganair is to modernise its fleet, phasing out Saab 340B turboprops in favour of additional ATRs. It will introduce eight ATRs for next summer, while shedding its remaining eight 34-seat Saabs by July. The carrier says the Saabs will be replaced with 48-seat ATR 42s. Loganair states that ...
-
NewsIsraeli carrier Israir lines up bid for Czech operator Smartwings
Israeli leisure carrier Israir has identified Czech budget operator Smartwings as the target of a takeover offer. Israir, which was acquired by an investment firm last year, had disclosed earlier this year that it was participating in a private process with a view to acquiring the entire share capital of ...
-
PodcastAirline Business Podcast: Record revenues, cargo concerns, ICAO deal and Latin latest
Graham and Lewis discuss a strong third-quarter results season for airlines in Europe and North America, as constrained capacity met surging demand. They also examine the recent ICAO agreement on emissions and the latest in the Latin American airline industry
-
NewsKenya Airways insists ‘unlawful’ pilot strike will undo efforts to bring down costs
Kenya Airways estimates that a strike by its pilots set to start on 5 November will cost around KSh300 million ($2.5 million) a day. The airline has condemned the industrial action by the Kenya Airline Pilots Association, describing it as “unlawful”. “This unfortunate action may affect both our passengers, who ...
-
NewsIndiGo finalising wet-lease deal to offset aircraft delivery delays
Indian low-cost carrier IndiGo is close to securing wet-lease capacity as global supply-chain challenges weigh on aircraft deliveries.
-
NewsIndiGo reels from currency impact as Q2 net loss hits Rs15.8 billion
Low-cost carrier IndiGo reported a net loss of Rs15.8 billion ($192 million) for the three month period ending 30 September, as currency losses and fuel costs weighed on the operator’s performance during what is seasonally its weakest quarter.
-
NewsSingapore Airlines reports highest-ever group operating profit and revenue for Q2
Singapore Airlines Group recorded its highest-ever operating profit and revenue for its fiscal second quarter, despite passenger capacity and traffic still being significantly down on pre-Covid levels.
-
NewsTurkish Airlines reports Q3 net profit of $1.5bn as passenger revenue surges
Turkish Airlines has reported a net profit of $1.5 billion for the third quarter of 2022, as capacity, traffic and yields – as well as costs – surged beyond pre-Covid levels.