Latest Airlines news – Page 234
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NewsGulf Air appears to cancel long-dormant A220 order
Middle Eastern carrier Gulf Air appears to have cancelled the 10 Airbus A220-100 it ordered nearly a decade ago. Gulf Air had signed for the aircraft in mid-2011, when it was still known as the Bombardier CSeries, two years before its first flight. But doubts over the delivery have persisted ...
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NewsEmirates receives its first new A380 for 2020
Middle Eastern carrier Emirates has taken delivery of another Airbus A380, the first of three to be introduced by the Dubai-based airline before the end of this year. One of the three aircraft to be delivered will have a configuration which includes Emirates’ premium-economy seating. The latest aircraft (A6-EVL) departed ...
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NewsSIA deepens co-operation with Indian joint venture Vistara
Singapore Airlines and its Indian joint venture Vistara have inked a commercial cooperation framework agreement, widening its existing areas of partnership.
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NewsDanish charter start-up Airseven receives first 737s
Danish operator Copenhagen AirTaxi has taken delivery of a pair of Boeing 737-400s for its new leisure charter airline, which has been branded Airseven. Airseven received the two aircraft on 3 December, with OY-ASA and OY-ASB being delivered to Roskilde airport within about 20min of one another following flights from ...
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NewsNorwegian start-up carrier to be branded ‘Flyr’
Entrepreneurs have revealed ‘Flyr’ as the brand name for the new Norwegian airline which aims to commence services in the first half of 2021. The airline is being established by a team including industry specialist Erik Braathen as well as pilots from a number of Scandinavian carriers. Flyr is intended ...
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NewsBGI leads race for Israir as bidders continue to tweak offers
Prospective bidders for Israir are continuing to tweak proposals, even after the trustee overseeing the sale highlighted a preferred offer, that submitted by BGI Investments. BGI Investments is controlled by a private company, Shai Odem, which is jointly owned by entrepreneurs Rami Levy and Shalom Haim. Israir’s trustee has put ...
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NewsNorwegian tests debt-for-equity appetite again in bid for funding
Scandinavian budget airline Norwegian is again proposing a debt-for-equity conversion as part of an effort to raise funding, just six months after persuading creditors to sign up to a similar scheme. Norwegian says it will request “significant equitisation” of debt at market price, and seek approval for a NKr4 billion ...
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NewsJoint bidders interrupt Israir sale with late acquisition offer
Investment bank Wadiah Capital is attempting a belated entry into the contest to acquire Israeli carrier Israir, submitting a joint offer with Australia Aviation Amrock. The companies have put forward a proposal for a joint acquisition through a 51:49 venture in which Wadiah would hold the majority share. Their submitted ...
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NewsAlliance Aviation expects better H2 earnings on charter ops
Alliance Aviation expects to report a A$26 million ($19 million) underlying profit before tax for the July to December period, attributing it to robust contract and charter operations in the resource sector. This compares with A$15.5 million in the year-ago period, while approximately A$7.5 million in government grants under the ...
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NewsDelta wins Decade of Airline Excellence Award for North America region
Recipient of the Decade of Airline Excellence Award for the North America region, sponsored by Pratt & Whitney, and the overall winner.
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NewsGulf Air to open Tel Aviv link and explore El Al codeshare
Bahraini carrier Gulf Air is to open scheduled to services to the Israeli hub at Tel Aviv, in a further air transport tie-up between the states following normalisation of diplomatic relations. Gulf Air is also set to explore codeshare opportunities with Israeli flag-carrier El Al under a comprehensive memorandum of ...
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NewsEl Al persuades ministry to advance security expenses
Israeli flag-carrier El Al has been granted a degree of financial relief after the government agreed to provide advance payment to the airline for expenditure on security services. El Al says the ministry of finance has agreed to the request for advance payment of $15 million for security expenses over ...
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NewsSAS not counting Norwegian out as rival plans $450m share issue
Scandinavian operator SAS believes that it will face a fiercely competitive situation in the region during crisis recovery, irrespective of the survival – or otherwise – of budget rival Norwegian. Norwegian disclosed plans on 3 December to pursue a new share issue intended to raise gross proceeds of up to ...
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NewsSAS shifts deliveries of A350s and A320neos to align with recovery
SAS has shifted deliveries of a pair of Airbus A350-900s due to arrive in the current fiscal year, shifting them to fiscal years 2022 and 2023 instead. It has also deferred introduction of eight Airbus A320neos, pushing back the delivery of two batches of four aircraft each by a couple ...
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NewsRyanair wins Decade of Airline Excellence Award for Europe region
Recipient of the Decade of Airline Excellence Award for the Europe region, sponsored by Cirium.
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NewsSAS expects further losses for 2020-21
Scandinavian operator SAS expects losses to persist through the full-year 2020-21, but insists its recapitalisation will prepare the airline for the winter season and the continuing disruption from the air transport crisis. SAS chief executive Rickard Gustafson says the winter will be “tough” while the new fiscal year will be ...
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NewsQantas flags A$11 billion full-year revenue hit amid optimism about recovery
Qantas Group anticipates an A$11 billion ($8.1 billion) revenue drop for the year ending June 2021, but remains optimistic about recovery prospects amid a “vast improvement in trading conditions” in recent months.
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NewsCopa wins Decade of Airline Excellence Award for Latin America region
Recipient of the Decade of Airline Excellence Award for the Latin America region, sponsored by Embraer.
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NewsEmirates wins Decade of Airline Excellence Award for Middle East region
Recipient of the Decade of Airline Excellence Award for the Middle East region, sponsored by Collins Aerospace.
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NewsKorean Air to present Asiana ‘integration plan’ in March
Korean Air will prepare an “integration plan” by March relating to its acquisition of embattled rival Asiana Airlines, as it vows not to cut any jobs following the consolidation of the two carriers.