Latest Airlines news – Page 163
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News‘We are back’: AirAsia Aviation sees recovery by mid-2023 amid swing to modest profit
AirAsia Aviation Group expects to recover full operations by mid-2023, as capacity ramp-up continues amid optimism that travel demand will remain robust.
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NewsUS consumer complaints about air travel disruptions rise sharply
Consumer complaints about air travel during the busy summer travel season jumped almost fourfold between May and June compared to pre-pandemic levels.
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NewsSAS partly blames pilot strike as third-quarter loss nears SKr2bn
Scandinavian operator SAS has turned in a near-SKr2 billion ($187 million) pre-tax loss for the third quarter, covering the initial summer period, partly attributed to a two-week pilot strike. Pre-tax losses for the nine months to 31 July totalled more than SKr6.1 billion for the company, which has been under ...
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NewsLufthansa facing strike action by pilots as negotiations stall
German flag-carrier Lufthansa is facing the prospect of strike action by pilots, after failing to reach a collective agreement with union Vereinigung Cockpit. The union says it was recently engaged in four days of discussions about a framework under which to continue negotiations. But these ended without agreement and the ...
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News‘We haven’t gotten everything right lately’: Qantas chief contrite yet defiant amid travel chaos
Long-serving Qantas chief Alan Joyce struck a markedly contrite tone as he admits the airline had fallen short of customer service standards, but was – perhaps unsurprisingly – defiant that the recovery is taking place “faster than we expected”.
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NewsAir NZ sees bookings pick up amid pandemic recovery
Air New Zealand is seeing a recovery in passenger bookings both domestically and internationally following the removal of travel restrictions related to the coronavirus pandemic.
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NewsImpairment reversal from 737 Max order pushes Norwegian into second-quarter profit
Scandinavian budget carrier Norwegian benefited from the partial reversal of an impairment loss in the second quarter, enabling it to turn in an operating profit of NKr1.36 billion ($141 million) for the period. Norwegian generated NKr4.87 billion in revenues for the three months to 30 June, but the rise in ...
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NewsAAPA’s July traffic numbers show Asia-Pacific rebound well underway
Asia-Pacific airlines carried 11.3 million international passengers in July, surpassing the 10 million figure for the first time since February 2020, just prior to the collapse of travel amid the coronavirus pandemic.
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NewsCovid restrictions, fuel costs punish Air NZ’s 2022 results
Air New Zealand’s pre-tax loss widened to NZ$725 million ($450 million) during its 2022 financial year compared with a pre loss of NZ$444 million a year earlier, with the carrier attributing the weakness to previous restrictions related to the coronavirus pandemic and high fuel prices.
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NewsEx-Nokia executive takes top financial post at Finnair
Finnair has named former Nokia finance head Kristian Pullola as its new chief financial officer, succeeding Mike Stirkkinen. Pullola worked at Nokia for some 21 years and became chief financial officer of the mobile communications firm in early 2017, leaving the company in August 2020. He will join Finnair on ...
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NewsBrussels Airlines studies options for expansion as it reinforces winter staffing
Brussels Airlines is analysing a number of development paths to expand its fleet and staff base, as passenger demand returns and it looks to capitalise on its restructuring initiative. The carrier has been implementing a restructuring programme, known as ‘Reboot Plus’ and says it has achieved a “very strong and ...
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NewsFrench start-up Happy crowdfunds to establish Strasbourg-based operation
Proposed French start-up Happy Airways is seeking investors – including financing through crowdfunding – in order to establish an operation from Strasbourg. Happy Airways argues that Strasbourg’s network is “undeveloped” in comparison with demand, and is aiming to set up ATR 72-600 turboprop services to 14 potential destinations. The start-up’s ...
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NewsTAP sees strong summer recovery but ‘uncertain prospects’ going into 2023
TAP Air Portugal claims to be recovering “more rapidly than its peers” from the Covid-19 crisis, while also acknowledging that its future health depends on execution of its restructuring plan amid a long list of headwinds. Announcing its second-quarter results on 23 August, the Lisbon-based carrier said that revenues of ...
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NewsRyanair upgrades full-year traffic forecast after BA’s winter cuts
Ryanair has upgraded its full-year traffic forecast to 166.5 passengers, from 165 million, as it announced extra capacity on its UK services for the coming winter season.
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NewsAer Lingus and British Airways sign for sustainable fuel at San Francisco
IAG carriers British Airways and Aer Lingus will both benefit from a sustainable aviation fuel agreement covering their operations to San Francisco. The airlines have reached a deal with Californian renewable fuels firm Aemetis which involves its delivering 78,400t – around 26 million gallons – of fuel to the carriers ...
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NewsSydney, Melbourne, Auckland airports bemoan labour woes
Sydney Airport’s traffic has some way to go until reaching 2019 numbers, as it and other peer airports bemoan labour challenges.
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NewsIceland’s Play poised to start generating profits later this year
Icelandic budget carrier Play has turned in a first-half net loss of $25.6 million, of which the second quarter accounted for $14.3 million. The airine attributes the interim losses to the carrier’s having yet to achieve economies of scale. Play generated revenues of $42.2 million over the six months to ...
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PodcastAirline Business Podcast: 787 return, supply-chain impact and Farnborough thoughts
Graham and Lewis discuss the resumption of Boeing 787 deliveries and the impact of supply-chain issues on fleet planning.
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NewsBudget carrier Wizz Air names new chief financial officer
Central European budget carrier Wizz Air has named Ian Malin as its new chief financial officer, following the decision by Jourik Hooghe to step down. Malin will join the airline from the beginning of October. He has formerly served in finance roles with tenures at companies including KPMG, Allco Finance ...
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NewsEl Al seals efficiency pact with maintenance and engineering personnel
Israeli flag-carrier El Al has reached an agreement with its maintenance and engineering personnel as part of its efforts to tighten the airline’s efficiency. El Al says the pact, signed on 16 August, will run until the end of 2026. It will cover El Al’s plans to introduce wet-leased passenger ...