Latest Airlines news – Page 166
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NewsAirbus and Boeing delays add to ‘global supply bottleneck’: Lufthansa chief
Aviation is facing a “global supply bottleneck”, in the view of Lufthansa Group chief executive Carsten Spohr, which will constrain capacity going into 2023 and support “sustainable” yields at the European airline group. “The times of overcapacity as we have seen, for example, right before the pandemic, we believe are ...
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NewsLufthansa Group reports Q2 profit despite disruption keeping airlines in red
Lufthansa Group achieved an operating profit of €393 million ($400 million) in the second quarter of this year and is “optimistic” for the full year, even as disruption-related costs kept its airlines unit in the red. The group’s cargo business was a standout performer for the three months to 30 ...
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NewsPAL swings to profitability amid surge in passenger revenue
Philippine Airlines swung back to the black for the first half of 2022, posting an operating profit of Ps6.6 billion ($120 million), compared to Ps4.7 billion loss reported in 2021.
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NewsIndiGo sharply narrows net loss on soaring revenues
Indian low-cost carrier IndiGo sharply narrowed its first quarter net loss to INR10.6 billion ($134 million), from a net loss of INR31.7 billion in the first quarter of its 2023 financial year.
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NewsUS DOT proposes new customer protections for air travellers
The US Department of Transportation (DOT) is proposing strong new consumer protections for airline customers travelling with both domestic and foreign carriers on scheduled service from, to or within the USA.
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NewsUzbekistan’s Qanot Sharq stepping up to A321neos
Uzbek carrier Qanot Sharq is to introduce a pair of Airbus A321neo jets through US lessor Air Lease. The twinjets are set to be delivered to the carrier in autumn this year, and will be drawn from Air Lease’s order backlog with Airbus. Qanot Sharq, whose name means ‘eastern wings’, ...
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NewsRyanair exceeded pre-Covid passenger numbers by 2 million in July
Ryanair continued to reach new traffic highs in July, as it served 16.8 million passengers – some two million more than it recorded for the same month of 2019 and 0.9 million up on the previous all-time record seen in June this year. The Irish carrier and budget rival Wizz ...
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NewsEtihad Airways firms order for A350 freighters
Middle Eastern carrier Etihad Airways has confirmed its order for seven Airbus A350 freighters, cementing an agreement originally unveiled in mid-February. The airline already had orders for 20 A350-1000s, of which five have been delivered. Airbus says the freighters are “adding to” Etihad’s order for the -1000s. “This additional cargo ...
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NewsSAS submitting preliminary financial details to US bankruptcy court
Scandinavian operator SAS is filing statements of its financial affairs, as well as documentation covering assets and liabilities, with a US bankruptcy court. The company had sought to extend a deadline for the filing – from 19 July to 2 August – after experiencing a strain on its resources resulting ...
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NewsEmirates restarts Stansted flights as it nears 75% of pre-crisis UK capacity
Emirates has resumed flights to London Stansted airport, bringing to three the number London gateways again served by the Middle Eastern carrier. Long an operator into London’s Heathrow and Gatwick airports, Emirates added Stansted flights in mid-2018, only for the route to be dropped in March 2020 when the pandemic ...
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NewsAmsterdam Schiphol airport extends capacity cap to October
Amsterdam Schiphol airport has extended passenger capacity restrictions through to October, as it seeks to overcome the staffing challenges that have disrupted operations at the KLM hub. The extension of the cap comes as the airport acknowledges “virtually all parties at the airport are [still] understaffed” – a situation that ...
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NewsBritish Airways temporarily limits Heathrow short-haul ticket sales
British Airways is limiting sales of tickets for its short-haul flights from London Heathrow Airport for at least one week, citing an earlier request from the hub to restrict new bookings. Heathrow announced in mid-July that it would cap daily departing passenger numbers for the summer peak season at 100,000, ...
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NewsLufthansa Group to explore large sustainable fuel supply pact with Shell
Lufthansa Group has reached a tentative seven-year agreement with energy firm Shell potentially covering provision of sustainable aviation fuel up to the end of the decade. Under the exploratory – and still non-binding – memorandum, Shell would use a broad range of feedstock to produce the fuel. The two sides ...
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NewsGaruda’s Q1 losses narrow as costs decline
Garuda Indonesia narrowed its quarterly losses, as revenue held steady and overall costs declined.
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NewsSwiss pilots press for better collective agreement after convincingly rejecting proposal
Swiss crew union Aeropers is seeking rapid amendments to a proposed collective agreement, in order to ensure stability of flight operations over the summer and autumn seasons. Aeropers members have rejected, by over 80%, the latest version of the proposal, after the airline rejected a previous proposal in February. The ...
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NewsTravel resurgence helps ANA sharply narrow operating loss
All Nippon Airways parent ANA Holdings sharply narrowed its operating loss in the first quarter of its 2022 financial year.
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NewsVietnam’s Bamboo names new chief executive
Vietnamese carrier Bamboo Airways has appointed a new chief executive following the departure of founding chief executive Dang Tat Thang.
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NewsCockpit union vote puts Lufthansa under pressure
German flag-carrier Lufthansa is under pressure from its pilots after the cockpit union voted strongly in favour of pursuing a series of remuneration aims. Pilot union Vereinigung Cockpit says members from Lufthansa and Lufthansa Cargo have backed – respectively by 97.6% and 99.3% – supporting the collective bargaining commission. Negotiations ...
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NewsLegal action possible as Air France-KLM vows to fight Schiphol cap
Air France-KLM may take legal action over the Dutch government’s recent decision to permanently cap the number of flights from Amsterdam Schiphol airport. KLM warned in late June of “dramatic consequences” for its hub operations after the government moved to permanently cut the annual flight limit from the airport by ...
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NewsAir France enjoys Paris yield boost from Norwegian long-haul exit
Norwegian’s exit from the long-haul sector is helping to drive “very impressive yields” for Air France at its Paris Charles de Gaulle hub. The Scandinavian carrier announced it would drop its long-haul services in January 2021 – formally scrapping a host of pre-Covid US services from Paris in the process ...