Latest Airlines news – Page 224
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NewsDHL to source A321 freighter capacity through SmartLynx
Logistics specialist DHL Express is to introduce a pair of Airbus A321 freighters, to be operated by wet-lease capacity provider SmartLynx Malta. SmartLynx Malta had emerged last year as a customer for A321 freighters from Vallair as it sought to enter the cargo aircraft market. The company has reached a ...
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NewsThai Airways plunges to record full-year net loss; faces possible delisting
Thai Airways reported its worst-ever full-year net loss — dragged down by significant one-time costs — as it faces possible delisting from the Stock Exchange of Thailand (SET) because of negative equity.
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NewsAlaska burned $137 million in January amid steady recovery
Alaska Air Group forecasts that revenue for the first quarter will be slightly better than expected yet will still be down 55-60% year on year compared with the first quarter of 2020 before the coronavirus pandemic began.
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NewsAir New Zealand mulls ‘opportunities to adjust’ widebody fleet amid half-year loss
Air New Zealand will take no new aircraft before June as it eyes “opportunities to adjust” its future widebody fleet, including reducing the number of Boeing 777-300ERs and delaying 787 deliveries.
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NewsSAS poised to re-open European summer routes if restrictions ease
Scandinavian operator SAS is preparing to re-open 180 routes for the summer within the Nordic region and Europe, believing that vaccination programmes are set to ease travel restrictions. The airline is continuing to suffer heavily from the air transport crisis, turning in a pre-tax loss of SKr1.94 billion ($234 million) ...
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NewsAirAsia Japan closure has cost group $80 million so far
AirAsia Japan’s closure has cost the Malaysia-based AirAsia Group nearly $80 million over three quarters.
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NewsQantas delays international network restart to end-October
Qantas expects to gradually resume regular international passenger flights by the end of October — about four months later than it had previously projected.
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NewsInfluential Lufthansa Group shareholder Thiele dies
German entrepreneur Heinz-Hermann Thiele has died, a year after he emerged as a substantial shareholder in Lufthansa Group and threatened to reject a crucial bail-out for the airline company. Thiele was the majority shareholder and deputy chair of rail and commercial vehicle systems supplier Knorr-Bremse. The company says he “passed ...
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NewsThai AirAsia eyes April domestic restart amid widening losses
Thai AirAsia expects to resume all domestic flights by April, even as its parent company’s full-year losses widen amid the impact from the coronavirus pandemic.
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NewsConfident Jazeera outlines plans to double fleet by 2025
Kuwaiti carrier Jazeera Airways is looking to double its fleet over the next four to five years, confident that it has the resources to recover from the air transport crisis despite the heavy financial impact on its operations. Jazeera has turned in a full-year net loss of KD26.4 million ($87.3 ...
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NewsLithuanian start-up carrier Heston ties up with lessor Genesis
Irish-based lessor Genesis is supporting the establishment of a new Lithuanian charter and wet-lease carrier, Heston Airlines, in co-operation with consolidated aircraft trading and maintenance firm Heston Aviation. Heston Airlines is applying for a European air operator’s certificate and has obtained an initial Airbus A320, configured with 180 seats. Chief ...
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NewsQantas, Rex regional turf war heats up
Australia’s Regional Express (Rex) has waged a war of words with arch-rival Qantas over the latter’s regional network expansion, as it prepares to commence mainline domestic operations in the coming weeks.
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NewsAirAsia X to convene creditor meetings within six months
AirAsia X must convene meetings with various creditors within 180 days of an order from the High Court of Malaya, the low-cost long-haul carrier says in a 22 February Bursa Malaysia filing.
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NewsAsiana modifies two passenger A350s for freighter operations
Asiana Airlines has modified two Airbus A350-900 passenger jets for freighter operations as part of plans to grow its cargo business.
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NewsAirAsia’s Fernandes offers rose-tinted outlook
AirAsia Group chief Tony Fernandes is optimistic that the AirAsia Group, which has been hard hit by coronavirus pandemic, will “potentially” achieve full recovery “within the next two years”.
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NewsTalks on Hong Kong-Singapore travel bubble continue
The governments of Hong Kong and Singapore are continuing discussions over a quarantine-free travel bubble between the two cities that was delayed last year after Hong Kong experienced a surge in Covid-19 cases.
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NewsDomestic travel curbs punish China’s ‘Big Three’ traffic recovery
China’s three largest carriers started the year with domestic traffic continuing to decline, amid travel restrictions imposed to curb a resurgence in local coronavirus cases.
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NewsChief economist Pearce to retire from IATA in July
IATA chief economist Brian Pearce is to retire from the airline trade body in July.
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NewsS7 Airlines takes delivery of its first 737-800 converted freighter
Russian carrier S7 Airlines has taken delivery of the first of a pair of Boeing 737-800 converted freighters. The aircraft are being leased to the airline by GECAS. Freight division S7 Cargo will take responsibility for commercial management of the 737-800BCF aircraft’s capacity. The first aircraft (VP-BEN) was transferred to ...
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AnalysisNok tests leasing market ahead of filing rehab plan
The restructuring of Thai Airways International has dominated headlines in the Kingdom, but a smaller, privately held carrier is also reorganising under the same business rehabilitation protection as the flag carrier.