Latest Airlines news – Page 274
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NewsQantas prepared to bypass union for Project Sunrise
Qantas is keen to go ahead with Project Sunrise, even if its pilots are not on board. “It’s become clear that Sunrise is something that our international business needs to maximise its long-term success and defend its competitive position,” Qantas International chief executive Tino La Spina wrote in an internal ...
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NewsCopa net profit jumps as Max crisis drags on
Higher travel demand and low fuel costs offset lost revenue opportunities as Panama’s Copa Airlines continues to post strong earnings even while struggling with the ongoing effects of the Boeing 737 Max crisis.
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NewsTurkey’s AtlasGlobal reportedly set to halt flights again
Turkish media are reporting troubled local operator AtlasGlobal is to cease operations again, less than two months after restoring flights.
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NewsBritish Airways 747-400 sets subsonic speed record for Atlantic crossing
Fast sector time achieved as Storm Ciara sweeps in creating powerful jetstream
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NewsMalaysian prime minster weighs in on AirAsia-Airbus probe
Malaysia’s prime minister Mahathir Mohamad has weighed in on bribery allegations around AirAsia Group’s aircraft orders from Airbus. “Usually when the [Malaysian] government buys equipment, we would often ask [the manufacturer] for an offset. Meaning, if we were to buy an aircraft, we would ask for an offset,” Mahathir told ...
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NewsWeak cargo halves Korean Air’s full-year profit
Korean Air’s full-year operating profit declined by 56.4% due to a sharp decline in cargo revenues, against a weak economic backdrop. Operating revenues were down by 2.8% to W12.3 trillion ($10.4 billion), dragged lower by a 15% decline in cargo revenues. This was partially offset by a marginal increase in ...
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NewsUnited president encouraged by Boeing NMA ‘blank sheet’
United Airlines president Scott Kirby is encouraged that Boeing will go back to the drawing board for its proposed New Mid-market Airplane (NMA) widebody aircraft even as it remains mired in the grounding of 737 Max aircraft. “We are encouraged that Boeing is taking a blank sheet on the NMA,” ...
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NewsTaiwan’s FAT loses operating licence, faces censure
Taiwan’s Ministry of Transportation and Communications (MOTC) has revoked the operating licence of now-shuttered Far Eastern Air Transport (FAT). FAT went belly up on 13 December, owing to “long-term operating losses” and difficulty in raising sufficient funds. The carrier made the abrupt announcement it was ceasing operations a day earlier, ...
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NewsChinese carriers cut capacity over global travel restrictions
Airlines in China have begun cancelling flights to a growing list of international destinations, in light of travel restrictions imposed following a novel coronavirus outbreak. As the number of confirmed cases in China and around the world continues to climb, countries like Singapore, Vietnam, the Philippines and the ...
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NewsAmerican suspends all flights to China
American Airlines says it is suspending all flights to China as the coronavirus spreads, sickening more than a thousand and killing almost 200 people. The decision comes a day after the carrier’s pilots sued to stop the carrier’s flights to the country.
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NewsAirlines cut back China flights as WHO declares coronavirus a global emergency
Airlines continue to suspend international flight capacity to mainland China in the wake of the outbreak of the new coronavirus as the World Health Organisation (WHO) declares it an international public health emergency.
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NewsPrague gains first Southeast Asian link to Hanoi
Prague will be connected to Southeast Asia for the first time when Vietnam’s Bamboo Airways launches its Hanoi-Prague service in April. Prague Airport, the operator of Prague Vaclav Havel airport, says Bamboo will operate the twice-weekly service with Boeing 787-9s, which are configured with 298 seats and adds close to ...
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NewsAir Canada suspends Beijing and Shanghai amid coronavirus
Air Canada says it will suspend all direct flights to Beijing and Shanghai through February, following a notice from Canada’s government advising against non-essential travel to mainland China on fears about the deadly Wuhan coronavirus. The suspension of the carrier’s outbound flights from Toronto, Montreal and Vancouver begins 30 January, ...
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NewsHong Kong carriers to halve capacity into China
Hong Kong’s four main carriers will halve their services into Mainland China, as part of special arrangements made in light of a novel coronavirus outbreak in China. The Hong Kong government said in a 28 January press briefing that the carriers — Cathay Pacific, Cathay Dragon, Hong Kong Express, ...
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NewsEASA issues safety bulletin on Wuhan coronavirus outbreak
As the spread of the novel coronavirus (2019-nCOV) continues both in China and across the world, Europe’s safety regulator has issued a safety information bulletin with recommended measures for airlines and airports to take in dealing with the outbreak. The European Union Aviation Safety Agency (EASA), in its bulletin, recommends ...
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NewsJetBlue cautious in Q1 amid Puerto Rico quakes
JetBlue Airways Corporation on 23 January reported a net profit of $161 million during the fourth quarter of 2019 that slightly beat analyst expectations despite being a 5% decline year-on-year versus $170 million in 2018. The New York-based carrier during the fourth quarter reported $2 billion in operating revenue, up ...
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NewsBoeing 737 Max grounding cost Southwest $828m in 2019
Southwest Airlines says that it lost almost a billion dollars in operating income due to the grounding of the Boeing 737 Max aircraft, as it joins other airlines in scrambling to find capacity and make up for the jet’s ongoing problems.
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NewsUnited commits to EPS target with or without Max
United Airlines focused its 22 January fourth-quarter 2019 financial results call with analysts on the earnings metric itself, with president and soon-to-be chief executive Scott Kirby saying “that is the key metric” given the uncertainty surrounding the return to service of the Boeing 737 Max. “We want to focus our ...
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NewsAir Canada keeps Max out of its schedules through June
Air Canada has extended the absence of the 737 Max from its schedules through 30 June as the grounding of the aircraft drags on and the US Federal Aviation Administration continues its review of whether they are safe to resume service. The Montreal-based carrier’s 22 January announcement comes a day ...
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NewsGaruda Indonesia names new leadership team
Garuda Indonesia has named a new leadership team at an extraordinary general meeting today, following the dismissal of former chief, Ari Askhara. Irfan Setiaputra will take up the chief executive mantle and Dony Oskaria was named his deputy. Source: Cirium Setiaputra’s LinkedIn profile states that he ...