Latest Airlines news – Page 172
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NewsGaruda offers to replace liabilities with new bonds, equity
Garuda Indonesia has offered to replace current liabilities with $1.13 billion in new bonds and equity.
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NewsComair on the brink after failing to secure fresh funding
Grounded South African operator Comair is set to be liquidated as the carrier’s administrators have concluded there is “no reasonable prospect” it can be rescued after failing to secure the necessary additional funding.
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PodcastAirline Business Podcast: Disruption blame game and sustainability action plans
Graham and Lewis consider the blame game that is emerging as airlines and the wider air travel sector grapple with operational challenges.
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NewsConnect Airlines plots expansion with up to 100 hydrogen-powered ATR 72s
Proposed US start-up carrier Connect Airlines is ordering 75 converted ATR 72-600 turboprops, which will be fitted with hydrogen-fuelled powertrains. The firm agreement with Universal Hydrogen also covers an additional 25 converted aircraft. Universal Hydrogen was founded by former Airbus chief technology officer Paul Eremenko, and has an advisory board ...
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NewsAkasa reaches sale-and-leaseback pact for initial 737 Max fleet
Indian start-up carrier Akasa Air has entered a sale-and-leaseback agreement covering five Boeing 737 Max 8 jets. The airline has reached the deal with Griffin Global Asset Management. Delivery of the 737s is scheduled to commence in June and the lessor says the agreement covers several of Akasa’s initial aircraft. ...
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NewsIndonesian air travel recovering, but faces big challenges: whitepaper
While Indonesia’s air travel market is recovering from the coronavirus pandemic, several challenges confront the country’s airlines.
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NewsNorse Atlantic to open US services from German capital
Transatlantic start-up Norse Atlantic Airways is opening services from the German capital Berlin, operating initially to two US gateways. Norse Atlantic will serve New York JFK daily from 17 August. It will expand the fledgling German network with a service to Los Angeles from 19 August, operating three-times weekly. Norse ...
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NewsTurkish A350 agreement becomes highlight of Airbus activity in May
Turkish Airlines provided the highlight for Airbus orders during May, following through on its indication that it would take additional A350s. The airframer has recorded an order for four A350-900s from the carrier, in a month of relatively little activity. Turkish Airlines had signalled in May that it would commit ...
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NewsITA’s latest A350 flags carrier’s sustainability ambitions
Italian carrier ITA Airways will take its operational fleet of Airbus A350-900s to four – half of the eight planned – in June, through the introduction of a twinjet with a minimalist livery intended to highlight sustainability. The aircraft is largely white, in contrast to the distinctive blue which dominates ...
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NewsWizz continues to switch Airbus commitments to A321neo
Wizz Air has converted 21 Airbus A320neo commitments to the A321neo, a further shift of its single-aisle backlog towards the higher-capacity variant. The airline disclosed, as it released full-year final results, that it formalised the conversion in May. Deliveries of these aircraft will be carried out over the course of ...
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NewsWizz optimistic on restoring low cost levels as inflation adds to airline misery
Central European budget carrier Wizz Air is expecting the current fiscal year to be one “marked by high inflation”, as it looks to return to pre-crisis cost levels and improve its competitiveness. Wizz Air turned in a full-year net loss of €642 million ($686 million) – higher than the previous ...
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NewsAustralian air travel on firm recovery path: competition watchdog
The Australian Competition & Consumer Commission (ACCC) says that Australia’s air travel market is well on its way to recovering from the coronavirus pandemic, but that higher fuel prices are pushing up fares.
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NewsAir France-KLM chief concerned over staff shortage spreading to Paris and 787 delays
The chief executive of Air France-KLM has expressed concern over further staffing shortages and aircraft delivery delays, as he looks ahead to the busiest travel months of the year. Ben Smith’s comments came after tough operational challenges at KLM in recent weeks, where disruption and flight cancellations have affected services ...
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NewsEasyJet chief calls for ‘sober view’ of capacity limits at UK airports this summer
EasyJet has called for key stakeholders to make an assessment of how much capacity individual UK airports can handle in the coming months
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NewsIATA chief hits back at ‘idiot politicians’ who blame UK airlines for staff shortages
The director general of airline association IATA has dismissed the suggestion that airlines are to blame for the current operational challenges being seen in the UK and elsewhere, while insisting that the issues will be overcome.
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NewsSweden to convert SAS debt but refrains from injecting new capital
Sweden’s government is proposing that it be authorised to enter a debt-to-equity swap to provide financial assistance to flag-carrier SAS. But it will not supply fresh capital to the struggling airline. Swedish trade and industry minister Karl-Petter Thorwaldsson disclosed the proposal on 7 June. It would require the legislature to ...
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NewsWizz Air to explore hydrogen fleet operations through Airbus collaboration
Central European budget carrier Wizz Air is to explore the potential for hydrogen-powered aircraft operations under an agreement with Airbus. The two sides have signed a memorandum covering analysis of hydrogen operations, intended to provide the carrier with a “deeper understanding” of how such aircraft could change its business model, ...
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NewsAeroflot A330 returns to Russia after days of detention in Sri Lanka
Aeroflot has retrieved an Airbus A330-300 from Colombo, after several days of wrangling after the twinjet was impounded by Sri Lankan authorities. It departed for Moscow Sheremetyevo on 6 June, apparently after intervention to overturn a court order which led to the detention. Russian federal air transport regulator Rosaviatsia confirms ...
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NewsAir New Zealand creates chief sustainability officer role
Air New Zealand has appointed Kiri Hannifin as its first chief sustainability officer.
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NewsMalaysia Airlines completes first SAF-powered passenger flight
Malaysia Airlines has completed its first passenger flight powered by a blend of sustainable aviation fuels, as it targets rolling out similar flights in the near-term.