Latest Airlines news – Page 175
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NewsThai carriers boost Q1 capacity but big operating losses persist
Thai Airways International, Bangkok Airways, and Thai AirAsia parent Asia Aviation all posted operating losses in the first quarter, even though Covid-19 travel restrictions have started to fall away.
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NewsRecovering El Al looks towards profitability next year
Israeli flag-carrier El Al is working to restore its operation to pre-crisis levels with the intention of shifting to profitability from the second half of 2023. It has posted a $66.3 million net loss for the first quarter of 2022, a 23% improvement on the previous year’s figure for the ...
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NewsAsiana enjoys record Q1 operating profit amid cargo boom
Asiana Airlines swung to a record operating profit in the first quarter of 2022 as revenues jumped sharply on the back of a strong cargo market.
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NewsWizz Air to establish Maltese unit
Central European budget carrier Wizz AIr plans to establish a Maltese airline unit later this year.
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NewsYemenia A320 flight marks restart of operations at Sana’a after ceasefire
Commercial operations have restarted from Yemen’s capital Sana’a airport, after a six-year suspension during the conflict in the Middle Eastern state. The Yemenia Airbus A320 departed for Amman in Jordan on 16 May. Yemen’s civil aviation and meteorology authority says the aircraft transported 137 occupants on the route. The flight ...
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NewsIndustry leaders call for unified efforts to sustain Asian aviation recovery
Panellists at an aviation roundtable have called for unified efforts to speed up – and sustain – recovery in the sector which has been battered by two years of the coronavirus pandemic.
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NewsRoyal Jordanian confident of government backing as losses persist
Royal Jordanian Airlines believes the Jordanian government will continue to support the flag-carrier as it strives to restore profitability. The airline turned in a JD29.7 million ($41.9 million) pre-tax loss for the first quarter to 31 March, compared with a JD36.4 million loss for the same period in 2021. Revenues ...
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NewsRyanair predicts summer capacity and peak fares will exceed pre-crisis levels
Budget carrier Ryanair is aiming to reach a fleet of 70 Boeing 737 Max 8-200s for the summer peak, up from the previous target of 65, as it seeks to deploy summer capacity 15% above the pre-crisis level of 2019. It is “cautiously optimistic” that the summer fare peak will ...
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NewsOver half of Emirates A380s have returned to service
Middle Eastern carrier Emirates had returned more than half of its Airbus A380 fleet to service by the end of the financial year in March, having already restored full Boeing 777 operations. Passenger seat capacity for the company over 2021-22 was around 56% down on pre-crisis levels, according to the ...
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NewsDubai government injects more capital into Emirates as it looks to restore profits
Emirates Group has disclosed that it received a Dubai government capital injection of Dhs3.5 billion ($954 million) during the last financial year, in which the company turned in a loss of Dhs3.8 billion. But the group, which also benefited from Dhs11.3 billion in government aid the year prior, is expecting ...
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NewsCargojet turns to IAI for freighter conversion of 777-300ERs
Canadian operator Cargojet has signed for conversion of four Boeing 777-300ERs into freighters, through an agreement with Israel Aerospace Industries. The Israeli firm has been developing a freighter modification for the twinjet type, a programme initiated in co-operation with US lessor GECAS – since acquired by AerCap. Cargojet is taking ...
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NewsOmicron ‘headwinds’ leaves Cebu Pacific loss-making in Q1
Cebu Pacific remained in the red for the first quarter of 2022 amid a surge in coronavirus infections in the Philippines, though the low-cost carrier trimmed its losses from a year ago.
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NewsWet-leases keep SkyUp flying despite Ukrainian conflict
Ukrainian carrier SkyUp Airlines is continuing efforts to maintain whatever operations it can manage under the pressures of the country’s armed conflict. The airline says it carried out 38 wet-lease services and 19 charter and humanitarian flights during April. SkyUp transported nearly 6,000 passengers during the month, it adds, delivering ...
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NewsIAG’s Vueling trims A321neo orders as Iberia takes more
Spanish budget carrier Vueling has trimmed another pair of Airbus A321neos from its single-aisle backlog. Vueling originally had 14 of the largest A320neo-family variant on order but has yet to take delivery of any. Over the past two months, Airbus’s backlog figures indicate, the airline has been removing A321neos orders ...
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NewsRoyal Air Maroc to enter Emirates codeshare pact
Royal Air Maroc has entered a codeshare agreement with Middle Eastern operator Emirates, intended to lift connections between Dubai and Casablanca. The two carriers will commence the codeshare at the end of May. Emirates will have access to 17 destinations in Morocco, other than Casablanca, along with 63 international cities ...
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NewsANA to return A380 ‘Flying Honu’ to Hawaii route
All Nippon Airways (ANA) will return its three Airbus A380s to service on the Tokyo Narita-Honolulu route on 1 July, making it the third Asia-Pacific carrier to reactivate the double decker type.
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NewsWizz Air aims to explore Saudi Arabian air transport potential
Central European budget carrier Wizz Air has signed a preliminary agreement with Saudi Arabian authorities aimed at looking into potential for airline expansion in the Middle Eastern state. The memorandum of understanding, it says, reflects a “shared vision” between the two sides on the potential for Wizz to “stimulate new ...
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NewsTaiwanese carriers swing to Q1 profits
Taiwan’s two major carriers rebounded to the black for the first quarter of 2022, as revenue growth outpaced rising operating costs.
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NewsAsiana reboots European network as restrictions fall away
Asiana Airlines us rebooting its European network following the easing of travel restrictions related to the coronavirus pandemic.
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NewsLufthansa orders 777-8Fs and brings in more 787s to offset 777-9 delay
Lufthansa Group is to acquire seven Boeing 777-8 freighters, as well as three 777Fs, while taking seven more 787s to offset capacity shortfall from delays to its 777-9 order. The German company’s supervisory board has approved the introduction of the additional twinjets. “By purchasing these state-of-the-art aircraft, we again underline ...