Latest Airlines news – Page 164
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NewsAir Astana outlines fleet growth plans; to re-introduce Bangkok service
Kazakhstan’s Air Astana Group aims to have 54 aircraft by mid-2025, as it aims to increase frequencies to international destinations, particularly in Asia.
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NewsAirAsia X swings to operating loss in fourth quarter
AirAsia X posted an operating loss in its financial fourth quarter, as it warns of headwinds such as high fuel prices amid a return in travel demand.
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NewsUS DOT slams airline disruptions as ‘unacceptable’, plans airline scorecard
US Secretary of Transportation Pete Buttigieg blasted airline executives for operational issues that have caused major air transportation disruptions throughout the busy summer travel season.
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NewsIATA urges Nigeria to release blocked funds as Emirates suspends flights
IATA has lamented Nigeria’s lack of action to address the repatriation of airline funds, after Emirates announced it would suspend services to the country from 1 September because of the issue. The airline money blocked by the Nigerian government grew to $464 million in July, IATA said on 18 August, ...
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NewsSAS unsecured creditors to study Apollo bridge-funding proposal
Representatives of SAS’s unsecured creditors are studying the bridge funding proposal from financing firm Apollo, which is intended to support the carrier’s restructuring under Chapter 11 protection. The official committee of unsecured creditors says it is focused on ensuring that proposed financing terms are “fair” and do not unfairly prejudice ...
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NewsVistara pips SpiceJet to become India's second largest domestic carrier
India’s Vistara has for the first time become the country’s second largest domestic carrier by market share, edging out low-cost compatriot SpiceJet.
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NewsSouth Korean LCCs stay in red despite rising revenue
Three South Korean low-cost operators continued their loss-making streak in the second quarter of the year, despite a steady increase in revenue.
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NewsBOC Aviation sees three big themes in air travel sector
Lessor BOC Aviation has outlined key challenges facing the airline sector in the first half, but also notes a significant air traffic recovery globally.
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NewsCompetition watchdog raises issues against Qantas’s Alliance buy
The Australian Competition & Consumer Commission (ACCC) has raised several concerns about Qantas’ proposed acquisition of Alliance Aviation.
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NewsTAP insists union hostility will not derail crucial restructuring
Portuguese flag-carrier TAP’s management has signalled that it is losing patience with union sniping over the airline’s efforts to keep its restructuring programme on track. TAP has acknowledged the difficult conditions – including large cuts to salaries – which were imposed as part of a restructuring scheme approved by the ...
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NewsEdelweiss to expand A340 fleet as long-haul demand picks up
Swiss leisure carrier Edelweiss Air is to introduce an additional Airbus A340 to its long-haul fleet from next year. The Lufthansa Group airline is to bring in the A340-300 in July 2023, taking its fleet of the type to five. Edelweiss will source the aircraft from its sister operator Swiss. ...
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NewsCAE, Qantas to set up new pilot training centre in Sydney
CAE and Qantas have signed an agreement for a new pilot training centre in Sydney, Australia.
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NewsCathay sees UK, USA providing ‘strong boost’ for traffic
Cathay Pacific expects a “strong boost” from student traffic to the UK and USA to continue through September, and is “cautiously optimistic” of a robust winter cargo season.
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NewsALC places 19 A320neo-family jets with Condor
Air Lease Corporation (ALC) has placed 19 Airbus A320neo-family aircraft with German leisure carrier Condor.
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NewsPegasus saw strong demand recovery in Q2 but weak euro hits bottom line
Turkish budget carrier Pegasus saw international capacity and traffic exceed pre-Covid levels in the second quarter of this year, as leisure demand in particular “outpaced initial expectations”. That development helped the carrier to a €28 million ($28.5 million) operating profit for the three months to 30 June, Pegasus said on ...
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NewsBoom boosted by American’s 20-unit Overture order
American Airlines will purchase as many as 20 examples of Boom Supersonic’s developmental Overture passenger jet, becoming the second major US carrier to commit to the programme.
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NewsIAG takes 20% stake in Air Europa
British Airways and Iberia owner IAG has converted a loan to the parent company of Air Europa into a 20% stake in the airline.
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NewsBlacklisted Iraqi Airways seeks wet-leased aircraft for European flights
Iraqi Airways has issued a request for proposals for wet-leased or ACMI aircraft for operations to Europe amid a continued blacklisting of the carrier by the European Commission. Hoping to take advantage of a provision in the blacklisting that allows banned carriers to undertake operations via wet-lease agreements with other ...
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NewsFormer Ryanair executive returns to Malta with Wizz Air
Wizz Air has announced that its new Maltese subsidiary will be led by former Ryanair executive Diarmuid O Conghaile. The low-cost group expects to launch the new unit “later this year”, it said on 15 August, with O Conghaile becoming managing director from 1 November, having stepped down from his ...
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NewsThai Airways narrows Q2 losses as travel recovers
Thai Airways narrowed its second-quarter loss, as passenger travel demand soared with the reopening of borders.