Latest Airlines news – Page 193
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NewsIndiGo sees strong demand as international routes open up
Indian low-cost carrier IndiGo is seeing strong demand on international routes as they start to open up with India’s emergence from the pandemic.
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NewsCroatia Airlines reduces losses but still faces liquidity pressure
Croatia Airlines recorded 11% more flights over the course of the first nine months of this year, with a 20% increase in turboprop activity offsetting a slight reduction in jet operations. The carrier operated a fleet of 13 aircraft – including seven Airbus single-aisle jets and six Bombardier Q400s – ...
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NewsReshaped CargoLogicAir looks for expansion avenues after turning profitable
UK-based freight operator CargoLogicAir turned around heavy losses to post a full-year pre-tax profit of $41.2 million for 2020 – a year in which it underwent a management overhaul and a strategic review of its business. CargoLogicAir, which has ties to Russia’s Volga-Dnepr Group, generated a net profit of $45.4 ...
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NewsJAL narrows operating loss amid challenging first half
Japan Airlines (JAL) posted an operating loss of Y142 billion ($1.25 billion) for the first half of its 2021 financial year, an improvement on its operating loss of Y219 billion a year earlier.
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NewsSmartLynx to add another pair of A321 freighters in early 2022
Wet-lease specialist SmartLynx is introducing another pair of Airbus A321 freighters to its fleet early next year, as it seeks to take its total to eight by the end of 2022. SmartLynx will receive the aircraft, both registered in Malta, through leases from Cross Ocean Partners, a financial firm whose ...
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NewsEmirates starts dismantling A380s with specialist recruited for recycling
Middle Eastern carrier Emirates is to recycle a large proportion of parts from its first Airbus A380 following the aircraft’s retirement, just 13 years after delivery. The aircraft (A6-EDA) was delivered to the carrier in July 2008, during a ceremony attended by FlightGlobal. It flew its last commercial service from ...
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NewsRyanair 737 Max 8-200 fleet ‘exceeding expectations’
Ryanair Group generated an operating profit of €254 million ($294 million) and a net profit of €225 million for the second quarter, evidence of a recovering summer period for the budget operator. Its main carrier, Ryanair, contributed a net profit of €164 million while Malta Air achieved a profit of ...
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NewsRyanair considers post-Brexit delisting from London stock exchange
Ryanair is considering a potential delisting from the London stock exchange, following the UK’s ‘Brexit’ withdrawal from the European Union. The airline has a primary listing on the Euronext Dublin market and says its board is “considering the merits” of retaining its London listing. “Migration away from the London stock ...
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NewsWizz dismisses executive over undisclosed share trading
Wizz Air has dismissed its chief supply officer over a series of undisclosed share dealings following an investigation by the Financial Conduct Authority, the UK’s finance regulator.
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NewsAirAsia carriers optimistic of strong year-end recovery, amid Q3 traffic collapse
AirAsia Group’s airline units expect a “strong revival” for the year-end period, as key South-east Asia markets begin reopening to tourism.
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NewsProfitable Transavia reflects rebound in European leisure activity
Budget carrier Transavia’s third-quarter operating profit of €105 million ($123 million) reflected strong recovery in leisure demand within Europe. Transavia’s capacity returned to around 85% of the pre-crisis level for the same quarter, and load factor exceeded 78%. Parent company Air France-KLM adds that the budget airline’s yield over the ...
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NewsAir France-KLM awaits Asia re-opening as it turns in third-quarter operating profit
Air France-KLM Group is expecting its overall capacity for the fourth quarter to be some 25-30% down on the same period in pre-crisis 2019. The company gave the estimate as it demonstrated gradual recovery by posting a third-quarter operating profit of €132 million ($154 million). But it is not giving ...
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NewsIndiGo widens Q2 operating loss; revenue sharply higher
Indian low-cost carrier IndiGo saw operating losses widen to INR14 billion ($187 million) for its second quarter ended 30 September, compared with an operating loss of INR12 billion a year earlier.
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NewsNew Italian carrier ITA to codeshare with Air Malta
Newly-launched Italian national carrier ITA Airways has entered a codeshare agreement with Air Malta which takes effect from the end of October. The agreement will enable passengers of each airline to access the networks of the other. ITA’s designator code ‘AZ’, which was used by predecessor Alitalia, will be applied ...
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NewsBlue Panorama faced suspension procedure over financial difficulties
Italian carrier Blue Panorama’s suspension of commercial services follows measures initiated by the country’s civil aviation authority over financial issues. Civil aviation regulator ENAC states that Blue Panorama has notified the authority of its decision to suspend commercial activity from 28 October. ENAC reveals it had commenced procedures on 22 ...
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NewsIndonesian lawmakers debate future of Garuda
Indonesian lawmakers are divided over whether to resort to folding flag carrier Garuda Indonesia should ongoing restructuring negotiations fall through.
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NewsUnions claim leisure carrier Blue Panorama services suspended
Italian transport unions are claiming that leisure carrier Blue Panorama has suspended operations, adding to a list of airline casualties in the country. Blue Panorama has a fleet which includes Airbus A330s and Boeing 737-800s, according to Cirium data. The carrier has had a turbulent history, having been resurrected in ...
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NewsFirst A330 for UK start-up Flypop arrives in Malta
Start-up long-haul carrier Flypop’s first aircraft, an Airbus A330-300, has arrived in Malta having undergone painting in the UK airline’s new livery. The aircraft, MSN1445, powered by Rolls-Royce Trent 700 engines, was flown from the South Korean capital Seoul to Malta on 23 October. Flypop says it has been flown ...
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NewsSingapore expands vaccinated travel lane scheme to Australia, Switzerland
Singapore has extended its Vaccinated Travel Lane (VTL) scheme to cover Australia and Switzerland.
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NewsJapanese start-up Toki Air to open ATR 72 services from coastal airport
Japanese start-up carrier Toki Air is preparing to open services from the western coastal city of Niigata, some 250km north of Tokyo, early next year. The airline is affiliated with Tokyo-based air transport training and support services company Toki Aviation Capital. “Compared with Europe, the USA and neighbouring countries, Japan’s ...