Latest Airlines news – Page 235
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NewsAirAsia Group to reduce fleet size in 2021
AirAsia India will be the group’s only unit to see fleet growth by the end of 2021, amid an ongoing investment review conducted by the low-cost group.
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NewsANA in partnership to review SAF supply chains
All Nippon Airways is one of six Japanese companies to reach an agreement about studying carbon recycling business models, and the partners aim to streamline sustainable aviation fuel (SAF) supply chains.
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NewsPIA seeks dry lease of up to eight narrowbodies
Pakistan International Airlines (PIA) has issued a tender notice to dry lease up to eight narrowbody aircraft, with the first example to be delivered at the start of next year.
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NewsIsrair bidders enhance offers in battle to acquire leisure carrier
At least three of the prospective bidders for Israeli leisure airline Israir have submitted enhanced offers to acquire the carrier. The trustee overseeing the divestment of Israir from its parent IDB had set a 30 November deadline for best and final bids. Dor Alon Energy has put forward options including ...
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NewsANA wins Decade of Airline Excellence Award for Asia-Pacific region
Recipient of the Decade of Airline Excellence Award for the Asia-Pacific region, sponsored by Shannon Engine Support.
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NewsAeroflot Group claims Pobeda profitable despite crisis
Aeroflot Group is highlighting the performance of its budget arm Pobeda, posting a net profit for the carrier for both the third quarter and the first nine months of this year. The company says Pobeda increased passenger numbers during the quarter, compared with last year, and achieved load factors up ...
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NewsAvion Express to request protection from creditors
Lithuanian ACMI operator Avion Express plans to seek creditor protection in an attempt to restructure its business and recover from the effects of the pandemic.
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NewsAirlink loses case to retrieve revenues held by former partner SAA
South African carrier Airlink has failed to convince the country’s Supreme Court of Appeal that it is owed R510 million ($33 million) in ticket funds held by South African Airways. The court has upheld a Gauteng high court decision rejecting Airlink’s claim to the ticket revenues collected by SAA on ...
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NewsEthiopian Airlines wins Decade of Airline Excellence Award for Africa region
Recipient of the Decade of Airline Excellence Award for the Africa region, sponsored by Eways Aviation.
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NewsCourt dismisses injunction to block Korean Air’s Asiana acquisition
Korean Air’s multi-billion dollar bid to take over rival Asiana Airlines cleared a critical legal hurdle, after a Seoul district court dismissed an attempt to block the acquisition.
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NewsHSBC sees ample aviation capacity to distribute vaccine
The aviation industry has easily enough capacity to distribute Covid-19 vaccines, while the cold storage requirements of some products will be “demanding but not insurmountable”, HSBC has suggested.
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NewsKorean Air-Asiana consolidation faces regulatory, legal hurdles
Korean Air’s proposed acquisition of rival Asiana Airlines could require the green light from regulators in at least four countries, adding to a growing list of hurdles which includes an ongoing legal battle to block the deal.
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NewsGreece’s Sky Express shows off first A320neo
Greek carrier Sky Express has received its first Airbus A320neo, one of six aircraft destined to be delivered to the airline. Sky Express says it aims to open Athens-Thessaloniki services on 14 December. The aircraft (SX-IOG) is powered by CFM International Leap-1A engines and, according to Cirium fleets data, is ...
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NewsQantas to outsource ground handling at 10 Australian airports
Qantas has rejected in-house bids from its employees after a three-month process and decided to outsource its ground handling at 10 airports across Australia.
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NewsCALC unit to disassemble 2008-vintage 777-300ER
The asset management arm of China Aircraft Leasing Group (CALC) will disassemble its first Boeing 777-300ER, a 12-year-old example that formerly flew for Jet Airways.
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NewsCebu Pacific to experiment with free virus tests before flights
Cebu Pacific Air will conduct a trial where passengers are tested at Manila’s Ninoy Aquino International Airport before flights to the southern city of General Santos.
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NewsAir NZ expects more cargo revenue but warns of full-year losses
Air New Zealand expects cargo revenue for the coming financial year to exceed previous years’ levels, after being awarded four more months of cargo flights under a government scheme.
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NewsPain persists for Virgin’s lessors despite Bain sale close
Lessors with exposure to Virgin Australia will have been relieved to see the successful completion of the carrier’s sale to Bain Capital last week, but the airline will still require concessions from lessors as it eases into its new business plan.
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NewsANA to raise Y332 billion through share issue
ANA Holdings will raise up to Y332 billion ($3.2 billion) through a share offering, with the proceeds to fund aircraft purchases and pay down debts. Of the funds raised, Y200 billion will be used through 31 March, 2023 for medium and long-term growth, include the acquisition of Boeing 787-9 and ...
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NewsICAO decisions set stage for 2021 CORSIA pilot
ICAO’s 36 member countries have reached decisions about carbon offset units that set the stage for the pilot of its global carbon offsetting scheme.