Latest Airlines news – Page 174
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NewsQantas outlines international resurgence as restrictions eased
The International recovery of Qantas Group continues to gather pace with strong demand driving the addition of more routes and frequencies.
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NewsGTLK assists Azimuth and other Russian carriers with debt restructuring
Russian carriers have been restructuring debts owed to state leasing firm GTLK in response to the economic problems emerging from sanctions on the air transport industry. GTLK expects domestic traffic this year will remain at last year’s level but overall Russian airline passenger transportation will fall by 10%. Rostov-based airline ...
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NewsOmicron-hit drags IndiGo to deeper full-year loss
Indian low-cost carrier IndiGo lost Rs61.6 billion ($795 million) for the year ending 31 March 2022 after a wave of Omicron-variant Covid-19 infections hit its fiscal fourth-quarter performance.
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NewsEthiopian Airlines emerges as customer for more 777Fs
Ethiopian Airlines has emerged as the customer behind an order for five Boeing 777 freighters previously attributed to an unidentified operator. The African carrier is already a 777F operator, having previously ordered eight directly from the airframer. Ethiopian Airlines chief Mesfin Tasew says the additional jets will enable the airline ...
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NewsComplex capacity demands leave Finnair juggling summer aircraft leases
Finnair is to augment summer capacity this year by leasing an Airbus A320 from Danish specialist DAT – having previously agreed to lease out some of its own short- and long-haul aircraft for the season. DAT will operate the twinjet on Finnair’s route from Helsinki to Copenhagen in June, and ...
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NewsAvianca Cargo to lease A321 freighters from US operator Global Crossing
Latin American operator Avianca is to capitalise on Airbus A321 converted freighter capability with an agreement to lease or charter up to five aircraft from Global Crossing Airlines Group. Global Crossing will provide an initial A321 freighter – the first to be operated by a US carrier – to support ...
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NewsAir France-KLM launches €2.2bn capital increase
Air France-KLM has launched a capital increase to existing shareholders to raise €2.26 billion ($2.4 billion) aimed at repaying state aid secured during the pandemic
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NewsVietnam Airlines narrows Q1 loss
Vietnam Airlines has cut its losses for the three months to 31 March, helped by an easing of pandemic curbs both globally, as well as within the country.
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NewsSaudi’s Flyadeal claims kingdom’s first all-female crewed flight
Saudi Arabian flag-carrier Saudia’s budget division Flyadeal is claiming to have operated the first all-female crewed flight by an airline of the kingdom. Flyadeal says the crew – most of whom were Saudi citizens – operated the Airbus A320neo on the F3117 service between Riyadh and Jeddah. The aircraft (HZ-FAV) ...
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InterviewHow Western Air’s Sherrexcia Rolle helps the family business fly
For Sherrexcia Rolle, the path to the airline C-suite began as a child on Andros Island, helping out at the airport where her parents established the Bahamas’ now thriving Western Air.
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NewsEl Al tries to stem pilot disruption as it copes with recovery demand surge
Israeli carrier El Al is urging pilots to ensure flight schedules are met, after multiple cancellations over a dispute with the company. El Al says it has contacted its pilots’ committee seeking “immediate” negotiations over the matter. The company says it has been forced to cancel services in recent days ...
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NewsAustralia’s Bonza eyes flights from September
Australian low-cost startup Bonza is eyeing a September launch with three Boeing 737 Max 8s.
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NewsThai AirAsia X latest Thai carrier to file for business rehabilitation
Bangkok-based long-haul, low-cost carrier Thai AirAsia X has filed for business rehabilitation, though it stresses its daily operations will not be affected by the process.
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NewsRussian operators barred from selling UK airport slots
Russian airlines will be prevented from selling landing slots at UK airports left unused in the wake of sanctions placed on the air transport industry. Aeroflot, its subsidiary Rossiya, and Ural Airlines will be unable to divest the slots, which the UK government values at around £50 million ($62 million). ...
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NewsIAG single-aisle renewal ends uncertainty over 737 Max commitment
IAG’s decision to order a combination of Boeing 737 Max 10s and Max 8-200s puts an end to scepticism as to whether a tentative agreement for 200 aircraft, three years ago, would survive crises affecting the Max and the broader air transport industry, as well as changes of IAG management. ...
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NewsEasyJet narrows first half loss as capacity nears pre-crisis return
UK budget carrier EasyJet expects load factors to exceed 90% on capacity almost back at 2019 levels during the peak summer quarter, though it has stopped short of providing profit guidance for its financial running to 30 September 2022.
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NewsIAG to order up to 150 737s including Max 10 and high-density Max 8
British Airways and Iberia parent company IAG has agreed to order up to 150 Boeing 737 Max jets. The order will comprise 25 737 Max 10 variants, plus 25 of the high-density 737 Max 8-200. IAG is also taking 100 options, it states. The twinjets – powered by CFM International ...
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NewsKLM chief Elbers to lead Indian budget carrier IndiGo
Indian budget carrier Indigo Airlines has named KLM head Pieter Elbers as its new chief executive. The airline says Elbers will take up the position from 1 October, succeeding Ronojoy Dutta who is resigning from the carrier after nearly four years in charge. Elbers has served as chief of KLM ...
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NewsEl Al prepares for share issue and finalisation of loyalty loan
Israeli flag-carrier El Al is preparing for a share offering valued at around $62 million, as part of its effort to solidify its financial position. The airline is also finalising discussions with insurance firm Phoenix Group over a $130 million loan against its frequent-flyer programme, and expects to finish the ...
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NewsTurkish Airlines agrees to purchase six A350s
Turkish Airlines has disclosed that it intends to purchase six Airbus A350-900s, which will be delivered over the course of this year and next. The airline has not elaborated on the decision, which it confirmed to the Istanbul stock exchange. Turkish Airlines has 20 A350-900s on direct order of which ...