Latest Airlines news – Page 178
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NewsWizz Air sees recovery ‘taking shape’ despite continued losses
Central European budget carrier Wizz Air is expecting a full-year net loss of €632-652 million ($690-711 million), but with a fourth-quarter operating loss ahead of previous guidance. The airline, whose financial year closed on 31 March, predicts an operating loss for the last quarter of €190-210 million – citing a ...
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NewsOver 570 foreign aircraft moved to Russian registry: deputy prime minister
Russian authorities have transferred 571 foreign-built passenger aircraft to the domestic register, out of a total of 781, according to first deputy prime minister Andrei Belousov. Belousov disclosed the figure during a presentation on measures adopted by the government to stabilise the Russian economy in the face of sanction pressure. ...
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NewsAir Europa to lease some of start-up Norse Atlantic’s 787s
Spanish operator Air Europa is to lease four Boeing 787s from the Scandinavian long-haul start-up Norse Atlantic Airways. The 18-month agreement comprises sublease of two 787-9s and two 787-8s. Norse Atlantic says the deal will generate “positive cash-flow” for the airline, by making use of aircraft which would not otherwise ...
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NewsAir France-KLM firms order for A350 freighters
Air France-KLM Group has firmed its tentative order for four Airbus A350 freighters, a deal originally disclosed in December last year. The aircraft are intended to provide additional cargo capacity at Air France, already an operator of the A350 passenger variant. Air France-KLM is taking up to eight A350Fs of ...
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NewsEasyJet cuts first-half loss as it aims restore pre-crisis summer capacity
UK budget carrier EasyJet is expecting a headline pre-tax loss of £535-565 million ($696-735 million) for the first half of the financial year, but says it outperformed its expectations for the six-month period. The airline flew two-thirds of pre-crisis capacity in the second quarter. It is aiming to raise this ...
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NewsIndonesia’s Pelita Air enters narrowbody club with A320 arrival
Indonesia’s Pelita Air Service has taken delivery of its first two Airbus A320s, as the charter operator prepares to launch scheduled services.
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NewsKuehne takes stake in Lufthansa to over 10%
German businessman and Kuehne and Nagel majority owner Klaus-Michael Kuehne has increased his stake in Lufthansa to over 10%, a stock market disclosure today shows.
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NewsRussia’s S7 Airlines returns to full-year profit
Russian carrier S7 Airlines has turned in a profitable full year, with a pre-tax surplus of Rb12.7 billion ($156 million) for 2021. The figure reverses the Rb5.2 billion loss recorded during the previous year, which was heavily affected by the pandemic. S7’s revenues rose by 60% to nearly Rb156 billion, ...
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NewsAeroflot appoints head of Rossiya as new chief executive
Russian flag-carrier Aeroflot has confirmed a new chief executive, Sergei Alexandrovsky, who will succeed Mikhail Poluboyarinov. Alexandrovsky is the former head of group carrier Rossiya. Poluboyarinov had led the airline for less than 18 months since being appointed in November 2020. Aeroflot has not elaborated on the succession decision, confirmed ...
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NewsLegal spotlight of Qatar A350 dispute turns to cancelled A321neos
One consequence of Qatar Airways’ bitter dispute with Airbus over A350 fuselage paint deterioration has been Airbus’s cancellation of the carrier’s A321neo order, with the result that the airline is attempting to block the termination. Airbus’s legal argument for the 17 January cancellation of the 50 A321neos is based on ...
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NewsBrussels Airlines names new chief operating officer
Lufthansa Group has selected Tilman Reinshagen as the new chief operating officer of its Brussels Airlines division. Reinshagen will take over from Edi Wolfensberger who has newly been appointed chief operating officer of Eurowings. Brussels Airlines says Reinshagen will take up his new post on 1 July. He has occupied ...
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NewsCourt rules foreign carriers liable for compensation if flights booked through EU airline
A European court has ruled that passengers are able to claim compensation for delays relating to a flight operated by non-EU carriers if booked through a carrier from within the bloc,
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NewsIsrael’s El Al appoints first female chief executive
Israeli flag-carrier El Al has appointed a female chief executive, Dina Ben Tal Ganancia, to succeed the departing Avigal Soreq. Ganancia will take up her position on 1 June, according to El Al. Source: El Al Ganancia will succeed the outgoing Avigal Soreq She previously serviced as ...
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NewsSAS defers interest payment on securities under restructuring scheme
Scandinavian carrier SAS is to defer interest payments on securities which fall due towards the end of April as part of its latest stabilisation plan. SAS states that it will defer the semi-annual payment of SKr36 million ($3.8 million) for 25 April, as well as the SKr138 million payment for ...
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NewsEthiopian agrees sale-and-leaseback for latest Dash 8-400s
Ethiopian Airlines has entered a sale-and-leaseback agreement for a pair of De Havilland Canada Dash 8-400 turboprops recently delivered to the carrier. The aircraft involved – bearing serial numbers 4626 and 4628 – were handed to the African operator in February. Ethiopian Airlines has agreed their sale and leaseback, covering ...
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NewsPhilippine Airlines parent returns to profitability, targets growth in 2022
PAL Holdings swung back to profitability – helped by a reduction in costs – as the group eyes growth and recovery this year.
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NewsJetBlue pilots settle ‘Northeast Alliance’ dispute, but hurdles remain
JetBlue Airways’ pilots have ratified an agreement that ends a year-long dispute over aspects of the carrier’s “Northeast Alliance” (NEA) with American Airlines.
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NewsHainan seeks to sell low-use A350s and lease others
Chinese carrier Hainan Airlines is to sell a pair of Airbus A350-900s, and offer another four of the type for lease. The carrier has detailed the plan in a formal tender invitation dated 2 April. It aims to divest the two A350s for sale – both delivered in late 2018 ...
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NewsBamboo Airways parent sees another high-level arrest
Vietnamese police have arrested an accountant at Vietnam’s FLC Group, the parent company of Bamboo Airways, following the arrest last week of the company’s chairman.
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NewsCovid-19 hammers Vietjet revenue in 2021
Vietnam low-cost carrier Vietjet Air had a challenging 2021, with revenue and gross profit down from 2020.