Latest Airlines news – Page 199
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NewsAir Arabia links with conglomerate to launch Pakistani budget carrier ‘Fly Jinnah’
Air Arabia Group is to assist with the launch of a Pakistani joint-venture budget airline, Fly Jinnah, weeks after unveiling a similar new operation in Armenia. The Middle Eastern low-cost operator is tying up with Pakistan’s diverse business conglomerate Lakson Group, which has interests in travel, technology, insurance, consumer and ...
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NewsPAL files for Chapter 11; secures deal with creditors
Philippine Airlines (PAL) has reached an agreement with lessors and creditors for over $2 billion in payment reductions, as it files for Chapter 11 bankruptcy in New York.
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NewsHelvetic initiates E190-E2 services at London City after steep-approach clearance
Swiss carrier Helvetic Airways has conducted the first commercial service with an Embraer 190-E2 into London City airport, following approval for the type to carry out steep-approach landings. The E190-E2 secured steep-approach certification from the European Union Aviation Safety Agency in May this year. London City has a runway length ...
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NewsGaruda queried about outstanding obligations by stock exchange
Garuda Indonesia has been queried by the Indonesia Stock Exchange (IDX) on its outstanding obligations to creditors.
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NewsBA Gatwick strategy draws Ryanair scorn but analysts’ encouragement
Ryanair chief Michael O’Leary has scorned British Airways’ proposals to establish a lower-cost short-haul subsidiary at London Gatwick, but the idea is being viewed favourably by analysts at banking group HSBC. BA’s short-haul operation at Gatwick has been on hold, as a consequence of the air transport crisis, but the ...
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NewsUS start-up GlobalX ferried 1,000 evacuees from Kabul just weeks after launch
Global Crossing Airlines, a charter carrier that launched flights in August, says its two aircraft flew numerous missions to and from Kabul’s Hamid Karzai International airport as part of the US government’s evacuation effort last month.
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NewsRyanair still needs UK-licensed pilots: O’Leary
Ryanair chief Michael O’Leary insists the airline is still interested in recruiting UK-licensed cockpit crews, although he suggests the value of a UK licence has deteriorated in the wake of the UK’s withdrawal from the European Union. UK cockpit union BALPA recently urged the government to restore mutual recognition of ...
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NewsBrand name unveiled for Air Arabia’s new Armenian budget carrier
Armenia’s newly-created national budget carrier is to be branded Fly Arna, following an open canvassing of the country’s citizens for suggestions. Fly Arna is being established by the Armenian National Interests Fund through a joint venture with Middle Eastern low-cost operator Air Arabia Group. Its name is an acronym for ...
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NewsBudget carrier Pobeda profits from Russian domestic upturn
Russian budget carrier Pobeda proved profitable over the first half of this year, riding the sharp recovery in the country’s domestic travel market. Passenger numbers more than doubled to 6.4 million in the first six months compared with 2020, and July 2021 passenger figures were 46% higher than the pre-crisis ...
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NewsEmirates advances deliveries of final A380s
Emirates is to advance the delivery schedule for its last three Airbus A380s, intending to take the final aircraft in November this year. It will give the Dubai-based carrier a total of 118 A380s, accounting for almost half the entire customer fleet of 251 aircraft. Airbus puts the in-service fleet ...
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NewsFlybe edges closer to return as it starts recruitment drive for key personnel
Defunct UK carrier Flybe has moved a step closer to an unlikely resurrection after beginning a recruitment drive for key training personnel.
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NewsIndonesia AirAsia parent continues loss-making streak
Indonesia AirAsia’s parent company slightly narrowed its losses in the first half of the 2021 calendar year, despite a dramatic decline in revenue for the period.
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NewsIcelandair trims winter capacity outlook as restrictions stifle demand
Icelandair has reined-in its capacity forecast for the winter season, as a result of continuing constraints on demand caused by travel restrictions. The airline says it expects to operate 65% of its production for the winter schedule, measured against 2019 levels. It had previously estimated that it would reach a ...
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NewsNok Air widens full-year loss as liabilities exceed assets
Embattled low-cost carrier Nok Air plunged deeper into the red for the 2020 calendar year, as revenue evaporated amid a collapse in passenger travel demand during the coronavirus pandemic.
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NewsRex narrows FY21 operating loss; warns of tough FY22
Australia’s Regional Express (Rex) narrowed its operating loss to A$18.4 million ($13.5 million) from A$27.4 million a year earlier, but warns of tough times ahead given the impact of a major coronavirus outbreak in Australia.
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News'Gap' between Ryanair and Boeing on Max 10 price: O'Leary
Budget carrier Ryanair is discussing potential acquisition of the Boeing 737 Max 10 variant, although chief executive Michael O’Leary says negotiations over price are making slow progress. Ryanair started bringing in a high-density version of the Max 8 – known as the Max 8-200 – in June, expanding its fleet ...
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NewsHainan Airlines sharply narrows first-half losses as costs decline
Beleaguered Hainan Airlines dramatically cut its operating loss for the six months to 30 June, amid a strong uplift in revenue and a reduction in expenses.
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NewsGaruda posts 1H operating loss; liabilities outstrip assets by $4.66b
Garuda Indonesia slightly narrowed operational losses for the first half of its 2021 financial year, as revenues suffered a sharp decline amid the coronavirus pandemic.
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NewsChina’s ‘Big Three’ still in the red, despite revenue uptick
China’s three largest carriers — Air China, China Eastern Airlines and China Southern Airlines — continued their loss-making streak for a second year, though they cut their half-yearly losses on the back of stronger revenues.
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NewsHanoi restates order to keep Vietnam domestic market shut down
The Civil Aviation Authority of Vietnam (CAAV) has reiterated standing orders to the country’s carriers to sharply curtail domestic flights amid a major coronavirus outbreak.