Latest Airlines news – Page 203
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NewsBluebird Nordic to treble 737 capacity with ambitious freighter fleet expansion
Icelandic freight operator Bluebird Nordic is to treble its capacity under an expansion plan which involves taking 25 Boeing 737-800s over the next three years. The airline operates older-variant 737 freighters – comprising seven 737-400s and a single -300 – but will take its fleet to around 33 jets by ...
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NewsAeroflot slashes interim losses as domestic recovery lifts performance
Aeroflot Group managed to cut net losses by 38% over the first half, to Rb26.3 billion ($361 million) under Russian accounting standards. The company’s second quarter showed a “significant improvement”, it states, with a net loss of Rb1.4 billion in contrast to the figure of over Rb26 billion for the ...
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NewsQantas furloughs staff, warns of ‘extended period of reduced flying’
Qantas and its low-cost Jetstar unit will furlough 2,500 employees for two months, owing to a capacity collapse stemming from domestic travel restrictions.
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NewsVietJet increases net profit in first half of 2021
VietJet Aviation increased its net profit for the January-June half-year period, despite a spike in Covid-19 infections in Vietnam that began at the end of April and caused Q2 profit to plummet compared with the first three months of the year.
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NewsEl Al in talks with ministry to push back share issue
Israeli flag-carrier El Al is seeing to defer plans to raise additional capital through a share issue. The airline has been preparing to issue new shares or options to generate $105 million as part of a support scheme El Al’s share scheme was one of the conditions attached to a ...
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NewsAustralia extends financial relief for airlines
The Australian government has extended financial assistance measures yet again for domestic carriers, amid a coronavirus resurgence that has sent several states into prolonged lockdowns.
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NewsLong-haul start-up Norse Atlantic signs for more 787s
Scandinavian start-up Norse Atlantic is to lease six more Boeing 787-9s from the end of this year, which will take its fleet of 787s to 15. The aircraft will be introduced from December under a lease agreement with BOC Aviation. Norse Atlantic says the leases on the twinjets, around 16 ...
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NewsGaruda swings to first-quarter loss as revenue halves
Garuda Indonesia was in the red for the first quarter of the year, as declining revenue outpaced a reduction in costs amid less flying during the pandemic.
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NewsColombia’s Salazar steps into ICAO leadership role
Colombia’s Juan Carlos Salazar has commenced his mandate as the secretary-general of ICAO.
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NewsLion Air Group puts 8,000 employees on furlough amid steep capacity plunge
Indonesia’s Lion Air Group will put around 8,000 staff — or about 25-35% of its 23,000 employees — on furlough, as its operations have taken a severe hit amid the coronavirus pandemic.
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NewsRussian far east unified carrier to commence operations in mid-August
Russia’s new unified carrier to serve the eastern side of the country, which is being based on the operator Aurora, has started conducting test flights ahead of opening a full initial schedule on 20 routes in mid-August. Prime minister Mikhail Mishustin stated during a 30 July government meeting that a ...
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NewsIAG retaining former Aer Lingus A350 order to gain flexibility
IAG has disclosed that it is holding on to the Airbus A350s previously ordered by Aer Lingus, but has yet to determine where best to deploy them. Aer Lingus ordered nine A350-900s but subsequently shifted four of them to sister IAG operator Iberia. Its remaining five A350s had remained listed ...
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NewsIAG sees prospects to rebuild Level’s ravaged network
IAG is confident that it can rebuild its long-haul low-cost operation Level from Barcelona once the air transport crisis subsides. Level’s operations have been badly affected and “very limited”, says IAG, reduced only to Buenos Aires services in the first quarter, although it re-introduced flights to San Francisco in the ...
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NewsIberia and Vueling spearhead fleet and crew readiness
IAG carriers are potentially able operate up to 75% of 2019 capacity by the fourth quarter of this year, with the Spanish airlines Iberia and Vueling in the best readiness positions. Iberia’s entire long-haul and short-haul fleet is operationally ready, as it its full pilot and cabin crew complement, although ...
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NewsIAG outlines latest forecast on capacity recovery
IAG is forecasting that capacity will reach 45% of 2019 levels in the third quarter of this year and recover to 91% by the fourth quarter of 2022. But the company is not providing any profit guidance for the full year 2021, citing uncertainty over the timing for lifting of ...
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NewsANA narrows Q1 losses amid continued Covid-19 pain
All Nippon Airways parent ANA Holdings saw operating losses narrow to Y64.6 billion ($584 million) for the first quarter of its 2021 financial year, as the coronavirus pandemic continued to weigh on air travel demand.
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NewsSpanish carriers lead IAG recovery as restrictions impede BA and Aer Lingus
Spanish airlines Iberia and Vueling generated the greatest reductions in operating loss over IAG’s first half, which the group attributes to fewer travel restrictions and stronger demand in the Latin American and Spanish markets. Iberia cut its first-half operating loss by 62% to €330 million ($392 million) with Vueling managing ...
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NewsFiji Airways returns two A330-200s to lessor
Fiji Airways is returning a pair of Airbus A330-300s as it works to reduce fixed costs amid the continued impact of the coronavirus pandemic.
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NewsSingapore Airlines narrows quarterly loss as revenue ticks upward
Singapore Airlines Group narrowed its first-quarter losses on the back of revenue increase, though it warns that new coronavirus variants and fresh infection waves could dampen recovery momentum.
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NewsCondor ordering seven A330neos and plans to lease nine more
German leisure carrier Condor’s long-haul fleet replacement will include orders for seven Airbus A330-900s directly from the manufacturer. But it will lease the other nine to provide the overall total of 16 aircraft. Condor has not specified the source of the leased jets. Airbus chief executive Guillaume Faury confirmed during ...