Latest Airlines news – Page 160
-
NewsAsia-Pacific 2022 traffic to fall below Europe’s: ACI
Airports Council International (ACI) says the Asia-Pacific will lose the top ranking in passenger numbers this year owing to the travel policies of China and Japan.
-
NewsRex gets final regulatory nod for National Jet acquisition
Australia’s Regional Express expects to complete its acquisition of charter operator National Jet Express by the end of the month, after gaining final regulatory approvals.
-
NewsCathay Pacific ups capacity forecast though full recovery ‘will still take some time’
Cathay Pacific has revised upwards its capacity forecast for the year-end as Hong Kong eases travel curbs, though the carrier – citing “operational complexities” – warns that a full recovery “will still take some time”.
-
NewsLOT bracing for more turbulence as it strives to recover from heavy losses
Polish flag-carrier LOT has disclosed that it made a net loss of zl1.33 billion ($281 million) last year, a deterioration on the zl1.04 billion of 2020. The airline revealed the figure in annual activity documents newly filed with the Polish ministry of justice. It turned in total revenues last year ...
-
NewsAir New Zealand quashes Virgin Australia merger talk
Air New Zealand has refuted an Australian news report that it is in talks with Virgin Australia over a possible merger.
-
NewsPorter enters sale-and-leasebacks for a dozen E195-E2s
Canada’s Porter Airlines has added more lessors to its fleet-sourcing for Embraer 195-E2 twinjets, with sale-and-leaseback agreements for a dozen aircraft equally split between TrueNoord and funds linked to Apollo and Merx Aviation. The arrangement means the carrier has secured lease agreements with five lessors covering 26 E195-E2s. Porter ordered ...
-
NewsInsurance firm Phoenix takes near-20% share of El Al loyalty programme
Israeli insurance firm Phoenix is taking a near-20% shareholding in flag-carrier El Al’s loyalty programme. Phoenix is exercising an option to acquire the 19.9% stake as part of a financing transaction sealed earlier this year. Under the agreement it is able to purchase up to 25% of the loyalty scheme, ...
-
NewsRyanair and Lufthansa Group sign for sustainable fuel with OMV
Budget carrier Ryanair has reached a provisional agreement with Austrian energy firm OMV covering the supply of sustainable fuel at various airports. The memorandum of understanding will give Ryanair the ability to purchase up to 160,000t of fuel over the next eight years. Ryanair says the agreement will involve delivery ...
-
NewsWizz Air firms purchase rights on another 75 A321neos
Central European budget carrier Wizz Air is exercising purchase rights to take another 75 Airbus A321neo twinjets. Chief executive Jozsef Varadi says the A321neo will provide a “strong platform” for the airline’s growth, and that Wizz remains “on track” to be a 500-aircraft group by the end of the decade. ...
-
NewsEdelweiss chief adds leadership of Eurowings Discover
Lufthansa Group is to bring its two leisure carriers Edelweiss and Eurowings Discover under one leader as the chief executive of the Swiss unit is to take on the same role at the recently launched German operation.
-
NewsAustrian Airlines receives first A320neo
Lufthansa Group carrier Austrian Airlines has received its first Airbus A320neo following a flight from Toulouse on 13 September. The aircraft (OE-LZN), fitted with Pratt & Whitney PW1100G engines, arrived in Vienna as flight OS1472. It has been delivered with an all-white fuselage and fin, because it is to be ...
-
NewsIndonesia’s Super Air Jet receives last of 10 A320s from lessor CDB
Lessor CDB Aviation has completed the delivery of the last of 10 Airbus A320 aircraft to Indonesian low-cost carrier and Lion Group affiliate Super Air Jet.
-
News'Set the record straight': Qantas chairman defends airline performance, embattled CEO
Qantas’ chairman Richard Goyder has defended the airline’s performance in recent months, as he hit back at critics of embattled airline chief Alan Joyce, who has faced renewed calls to step down.
-
NewsGerman government support fund sells entire remaining Lufthansa shareholding
Germany’s economic stabilisation fund has fully withdrawn its interest in flag-carrier Lufthansa, stating that its role in securing the company is complete. The fund contributed to the airline through state-aid measures implemented in 2020 as the pandemic crisis took hold. This aid took the form of a ‘silent’ participation of ...
-
NewsBluebird Nordic holding firm to set up Indonesian cargo carrier
Icelandic cargo carrier Bludbird Nordic’s holding firm has established a new operation in Indonesia, which will conduct services under a separate air operator’s certificate. The new carrier, BBN Airlines Indonesia, was set up by BBN Cargo Airlines Holdings at the end of August. It will manage cargo services at Jakarta’s ...
-
NewsSAS seeks approval for sale-and-leaseback of A320neos
Scandinavian carrier SAS is seeking court approval to proceed with a sale-and-leaseback transaction covering six Airbus A320neo jets to be delivered before the end of this year. The aircraft are the subject of a provisional agreement with Griffin Global Asset Management. SAS is progressing with a fleet re-organisation, under US ...
-
NewsLufthansa finalises terms with pilots to prevent strike action
Lufthansa Group has agreed terms on a pay deal with its pilots which rules out further industrial action before 30 June next year.
-
NewsMNG takes second converted A330 and indicates plans for A321 freighters
Turkish cargo carrier MNG Airlines has taken delivery of a second converted Airbus A330-300 freighter from modification specialist EFW, and indicated plans to introduce A321 freighters. The aircraft – MSN889, registered TC-MCN – brings the operational fleet of A330P2Fs from the programme to 20. It has undergone conversion over the ...
-
NewsVietravel Airlines to stand up cargo carrier
Vietnam’s Vietravel Airlines aims to stand up a new cargo airline in response to the country’s increasing importance as a manufacturing location, with supply chains shifting away from Mainland China.
-
NewsTeleport to add three A321 freighters
Teleport, the logistics arm of Malaysia-based Capital A, is to add three Airbus A321 freighters, as it looks to beef up capacity to key markets such as India and China.