Latest Airlines news – Page 192
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NewsWalsh sees ‘unnecessary border closures’ still in place
IATA director general Willie Walsh believes there remain “unnecessary” border closures in place as the association continues to press for governments to use available data in making their decisions around Covid travel policies.
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NewsKorean Air operating profit sharply higher on cargo strength
A strong cargo performance propelled Korean Air’s operating profit to W439 billion ($372 million) for the third quarter of 2021.
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NewsArab carriers call for governments to ease travel pains
Arab airline leaders expect it to take between three to five years for passenger traffic to return to pre-crisis levels as carriers in the region have been particularly hard hit by the pandemic’s impact on international services.
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NewsSIA confident of continued strong cargo performance
Singapore Airlines enjoyed record high cargo revenues in the first half of its 2021/22 financial year, and expects demand to remain strong.
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NewsCovid-19 resurgence pushes Thai AirAsia parent deeper in the red
Thai AirAsia parent company Asia Aviation widened its third-quarter operating loss, amid a sharp revenue plunge from having to suspend operations during Thailand’s worst wave of coronavirus infections.
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NewsResolute action need to re-boot Australian air travel: Inmarsat
A whitepaper sponsored by Inmarsat Aviation contends that Australia was particularly hard hit by coronavirus related travel restrictions, and that the country needs a unified approach for air travel to recover.
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NewsDHL starts transferring UK 757 freighter fleet to new Austrian cargo airline
Cargo specialist DHL Express is to establish a new airline in Austria which will operate a fleet of 18 Boeing 757 freighters. The airline, to be known as DHL Air Austria, will be based at Vienna and focus on European cargo flights, employing some 176 pilots. DHL commenced discussions with ...
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NewsIAG and Southwest to snap up sustainable fuel output from new Mississippi plant
IAG carriers and US budget operator Southwest Airlines have agreed to purchase the entire production of sustainable fuel, over the course of several years, from a planned US biorefinery project in Mississippi. Sustainable fuels technology specialist Velocys Renewables says it has entered a memorandum of understanding – which it aims ...
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NewsEmirates recovering but has ‘some way to go’ to restore profits: chairman
Middle Eastern carrier Emirates has turned in a first-half loss of Dhs5.8 billion ($1.6 billion), halving the deficit from the previous interim, but still contrasting sharply with the pre-crisis half-year profit of Dhs862 million. The Dubai-based airline’s revenues in the six months to 30 September 2021 reached Dhs21.7 billion. EBITDA ...
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NewsRoyal Air Maroc to open Tel Aviv services
Moroccan flag-carrier Royal Air Maroc is to open services from its main base at Casablanca to the Israeli hub at Tel Aviv. The service is the latest to emerge from the tightening of Arab-Israeli ties through a series of diplomatic recognition pacts reached last year. Moroccan and Israeli leadership, under ...
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NewsASL signs for fuel cell-powered ATR 72 freighter conversion with ZeroAvia
ASL Aviation Holdings has signed an agreement with advanced propulsion developer ZeroAvia for the conversion of ATR 72 freighters to hydrogen-electric power, the group’s second such modification pact.
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NewsAsia-Pacific to lead air traffic growth through 2040: Boeing
Boeing sees the Asia-Pacific region leading demand for new aircraft in the 2020s and 2030s, forecasting that air traffic growth in the region will outpace both world air traffic growth and world gross domestic product (GDP) growth.
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NewsLessors in Saudia Airbus legal row denied access to executives’ phone data
Leasing companies engaged in a legal battle with Saudi Arabian flag-carrier Saudia over aircraft payments have been denied access to documents held on the mobile phones of two senior executives of the carrier, including chairman and former director general Saleh bin Nasser Al Jasser. The long-running case centres on the ...
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NewsTaiwanese carriers swing back to profitability as revenues rise
Taiwan’s two largest carriers — China Airlines and EVA Air — were back in the black for the third quarter of the year, helped by a steady increase in revenue.
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NewsSydney Airport agrees to A$23.6 billion buyout
Sydney Airport has agreed to a A$23.6 billion ($17.4 billion) takeover offer from an investor consortium.
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NewsAlaska appears to scrub inherited Virgin America order for A320neos
Alaska Airlines appears to have dropped the order for 30 Airbus A320neos it inherited during its merger with Virgin America three years ago. Airbus’s latest backlog figures, to the end of October, reveal a cancellation for 30 A320neos and the aircraft are no longer listed against Alaska’s total. The airline ...
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NewsIberia conducts domestic flight with waste-based biofuel
Spanish carrier Iberia has carried out a domestic service using sustainable fuel produced from waste as a raw material. The IAG airline operated the Madrid-Bilbao flight, IB426, using an Airbus A320neo powered by CFM International Leap-1A engines. Its operation followed a collaboration agreement signed between Iberia and the energy company ...
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NewsEmirates opens Israeli links with 777-300ER service to Tel Aviv
Middle Eastern carrier Emirates is to join the market for Israeli flights, with daily services to Tel Aviv starting in the first week of December. Emirates says it will open the link following the diplomatic normalisation between Israel and the United Arab Emirates agreed last year. Ties between the two ...
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NewsAggressive Wizz lays ground to capitalise on summer 2022
Central European budget carrier Wizz Air has turned in a second-quarter operating profit of €57 million ($66 million), but is expecting an operating loss of €200 million in the third as the company enters the winter season. Chief executive Joszef Varadi says the quarter showed the airline’s “return towards” pre-crisis ...
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NewsJazeera claims ‘worst behind us’ after early return to profitability
Kuwaiti carrier Jazeera Airways returned to profitability in the third quarter, earlier than the airline had forecast, and managed to break even over the first nine months of the year. The airline turned in a third-quarter net profit of KD11.8 million ($39 million), after generating revenues of KD31.7 million. Chairman ...