Latest Airlines news – Page 170
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NewsAirAsia Philippines targets sharp boost in international capacity
AirAsia Philippines aims to expand international capacity aggressively, as it announces the resumption of its Manila-Singapore service.
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NewsAlliance Aviation wins gold mine charter extension
Australian charter operator Alliance Aviation has secured a three-year contract extension from Agnew Gold Mining, its second such deal in one week.
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NewsSrilankan warns of imminent bond payment default
Srilankan Airlines has warned about its capability to make a coupon payment on a Singapore-listed bond, citing the deterioration in Sri Lanka’s economy.
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NewsEl Al to continue Arkia merger talks despite exclusivity period ending
Israeli flag-carrier El Al aims to continue negotiating with leisure airline Arkia regarding a proposed acquisition, but the exclusivity period for the talks is not being extended. El Al entered talks with its fellow Israeli carrier last year with a view to purchasing the entire share capital of Arkia and ...
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NewsVolga-Dnepr founder quit post at CargoLogicAir ahead of UK sanctions
Alexey Isaykin, the founder and president of Russian cargo specialist Volga-Dnepr Group, has resigned as a director of UK-based freighter operator CargoLogicAir (CLA).
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NewsSAS pilot strike postponed but not averted as talks deadline extends
Negotiators attempting to avert a pilot strike at Scandinavia’s SAS have obtained a three-day window to conduct further talks. Cockpit crews had been scheduled to commence industrial action on 29 June. But mediators have requested that the various sides in the dispute continue their talks for another 72h, and the ...
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NewsAir New Zealand confirms ‘game changer’ bunk bed for economy class
Air New Zealand is set to install full-length sleep pods in economy class, as part of a raft of cabin upgrades set to roll out from 2024.
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NewsAsia-Pacific international traffic picks up in May
International passenger traffic figures in May 2022 surged compared with May 2021, but a gloomy economic outlook has deflated the air cargo market.
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NewsUK’s Flypop to expand Hi Fly co-operation to passenger flights
Wet-lease operator Hi Fly is to expand its co-operation with new airline Flypop by conducting passenger flights for the carrier. Flypop, which is based at London Stansted, says it is forming a joint venture with Hi Fly for the services out of the UK. The two companies already co-operate through ...
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NewsNorwegian government prepared to back short-term SAS debt-to-equity swap
Norway’s government is not prepared to put any new capital into Scandinavian carrier SAS, but is prepared to consider converting outstanding debt into shares. But the government will “not be a long-term owner” of the company, insists the Norwegian trade ministry. The government had previously been a part-owner of SAS ...
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NewsNorway’s Flyr drops latest share offer after stock value declines
Norwegian carrier Flyr has axed plans to offer up to 62.5 million new shares in the company, after the stock’s trading value remained below the offer price. Flyr had raised NKr250 million ($25 million) during a rights issue at the beginning of the year, an issue which was oversubscribed by ...
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NewsAlliance Aviation wins six-year extension for Sino Iron charters
Australian charter carrier Alliance Aviation has secured a six-year contract extension to continue flights operated on behalf of CITIC Pacific Mining Management (CPM).
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NewsGaruda secures court approval for restructuring plan
Garuda Indonesia has secured court approval for a major restructuring plan, setting the stage for the beleaguered carrier’s revival.
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NewsSAS braces for schedule disruption as pilots threaten industrial action
Scandinavian carrier SAS is bracing for a potential cockpit crew strike across its three main operating states within days. The airline has been negotiating with various parties to secure support for its ‘SAS Forward’ restructuring plan. SAS says industrial action by pilots – about which it has received notification from ...
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NewsLufthansa to reinstate A380s next year to offset capacity issues
German flag-carrier Lufthansa is to re-introduce Airbus A380s next year to counter aircraft delivery delays and address the sharp rise in passenger demand. The airline says the 509-seat aircraft will be used on its network from summer 2023, but it has yet to determine either the routes or the number ...
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NewsVietjet beefs up international services from Da Nang
Vietnam low-cost carrier Vietjet Air is boosting its international network from Da Nang.
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NewsEl Al formally signs for $130m loan against its loyalty programme
Israeli flag-carrier El Al has signed a formal agreement for the sale of its frequent-flyer scheme, valued at $500 million, in order to provide additional liquidity to the airline. The scheme and its assets are being sold to a subsidiary of the carrier, El Al Matmid Frequent Flyer. El Al ...
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NewsUnited’s pilot-union leaders approve new contract
United Airlines’ pilot union leadership has approved a new contract that would provide a 14.5% pay raise over 18 months and maintain so-called scope-clause limits on United’s regional operation.
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NewsNorse UK subsidiary applies to US DOT for foreign air carrier permit
Norse Atlantic Airways has applied to the US Department of Transportation (DOT) for a foreign air carrier permit on behalf of its UK subsidiary, Norse Atlantic Airways UK.
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NewsBraathens completes first 100% SAF-powered flight
Sortie in ATR 72-600 is result of nine-month collaboration with airframer and Neste