Latest Airlines news – Page 176
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NewsTexel Air to take another pair of 737-800 freighters
Middle Eastern operator Texel Air is ordering another pair of Boeing 737-800 converted freighters, having received the region’s first example in January. The Bahraini cargo carrier has signed an agreement to acquire the additional jets, according to Boeing. It already had orders for two of the modified jets and will ...
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NewsALC sees potential return of certain jets seized by Russia
US lessor Air Lease (ALC) believes it may yet be able to recover some of the aircraft it owns but seized by Russia, despite taking a $802 million write-down in the value of that fleet.
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NewsAPOC and SmartLynx source four ex-Finnair A321s for freighter conversion
Aircraft trader APOC Aviation and Latvian carrier SmartLynx Airlines have together purchased a package of four former Finnair Airbus A321s for passenger-to-freighter conversion.
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NewsAir Baltic chief reiterates commitment to Ukraine return
Air Baltic chief executive Martin Gauss remains committed to restarting flights to Ukraine as soon as its war with Russia ends.
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NewsCargo propels Korean Air to record Q1 operating profit
Strong cargo revenue and recovery passenger traffic have propelled Korean Air to a record high operating profit for the first quarter of 2021.
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NewsPobeda granted clearance to open Iranian service
Aeroflot Group’s budget carrier Pobeda has obtained permission to operate services to Iran from Russia’s civil aviation regulator. Pobeda will be permitted to fly twice-weekly between Moscow and Tehran, according to the decision disclosed by federal air transport authority Rosaviatsia. All Pobeda flights are conducted with a fleet of Boeing ...
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NewsAeroflot Group board supports increasing company’s share capital
Aeroflot Group’s board has backed a proposal to raise the authorised capital of the company, increasing it by 5.42 billion shares. Source: Aeroflot The 11-member board supported the proposal – with 10 in favour and one abstention – during a meeting on 29 April. Aeroflot Group’s authorised ...
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NewsChina’s Loong spearheads Airbus evidence-based pilot training drive
Chinese carrier Loong Air has become the first to sign for a new Airbus pilot-training scheme, whereby airlines use operational and training data to tailor and adapt the programme. The evidence-based training initiative extends the competency-based training and assessment product already offered by the airframer. Chinese carriers, says Airbus, are ...
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NewsQantas enjoys strong domestic, international rebound
Qantas Group is enjoying a rebound as the coronavirus pandemic abates, with both domestic and international travel demand picking up strongly.
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NewsNorse Atlantic opens bookings with JFK route starting mid-June
Scandinavian start-up Norse Atlantic Airways has commenced ticket sales for transatlantic services, with the initial flight from Oslo to New York JFK set to take place on 14 June. Norse Atlantic will also open flights to Los Angeles, Orlando and Fort Lauderdale. It says the beginning of ticket sales “marks ...
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NewsSAS struggles to obtain stakeholder backing for crucial transformation
SAS remains downbeat over progress with its ambitious transformation plan, with negotiations to overhaul its cost structure failing to yield any breakthrough. The Scandinavian operator says the ‘SAS Forward’ plan is “entirely dependent” on deleveraging the company and raising “significant amounts” of new equity. It says it needs to the ...
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NewsIcelandair revisits hedging as fuel prices weigh on financial figures
Icelandair Group has started rebuilding a fuel-hedging position, suspended during the pandemic, as it notes the effect of fuel prices on its first-quarter performance. The company has turned in a pre-tax loss of $62.5 million and a net loss of nearly $50 million for the three months to 31 March. ...
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NewsIndonesia AirAsia parent cuts 2021 losses despite 61% revenue decline
AirAsia Indonesia narrowed its full-year operating loss, despite a plunge in revenues caused by the coronavirus pandemic.
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NewsProfitable Cargolux foresees continued capacity strain on trade
Cargolux has generated a full-year pre-tax profit of $1.7 billion for 2021, but it warning that global trade is likely to suffer from the effects of the pandemic and the geopolitical situation in Ukraine. Pressure on supply chains will continue, the Luxembourg-based freight carrier states, with border restrictions still in ...
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NewsEasyJet to help drive GKN hydrogen propulsion projects
UK carrier EasyJet could be the first airline to trial a pair of hydrogen propulsion systems being developed by GKN Aerospace under a new pact between the companies.
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NewsANA narrows operating losses; cargo revenue hits record
All Nippon Airways parent ANA Holdings has narrowed its 2021 full-year operating loss to Y173 billion ($1.3 billion), compared with an operating loss of Y465 billion a year earlier.
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NewsTravel recovery ‘well underway’, as AirAsia carriers report jump in Q1 traffic
AirAsia Aviation Group is seeing robust traffic growth in the quarter to 31 March, as it believes travel revival is “well underway” amid easing of travel restrictions in the region.
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NewsAeroflot board set to discuss increasing company’s share capital
Aeroflot Group’s board is to hold a meeting at which the directors will discuss increasing the authorised share capital of the company. The board meeting is set to take place on 29 April, the airline has disclosed. Its agenda includes amending articles of association for the company and determining the ...
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NewsMalindo re-brands as Batik Air
Lion Group carrier Malindo Air has adopted the branding of the group’s Indonesia full-service unit, Batik Air.
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NewsITA Airways could operate CityAirbus NextGen in Italy under UAM pact
Airbus and ITA Airways are to explore the potential for urban air mobility (UAM) services in Italy, which could eventually see the flag carrier operating the CityAirbus NextGen electric aircraft, which is currently in development.