Latest Airlines news – Page 276
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NewsUnited records $90m impairment on Hong Kong routes
United Airlines will record a special non-cash impairment on its Hong Kong routes owing to a fall in demand. The Chicago-based airline will take a $90 million impairment on its routes to the Asian city, which are pledged under its $1.5 billion 2017 term loan, due to lower unit revenues ...
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NewsVietnam Airlines given green light for Delta partnership
The United States’ Department of Transport (DoT) has allowed Vietnam Airlines and Delta Air Lines to widen their codeshare cooperation. The approval comes after both carriers first inked an agreement last August with the intent of upgrading their relationship. The cooperation, expected to take effect this month, will see both ...
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NewsChinese carriers boost Tokyo Narita capacity
China’s three largest airlines will be increasing their presence at Tokyo Narita airport, with new route launches and increased frequencies. China Eastern Airlines will launch Kunming-Tokyo Narita flights on 18 February. The Skyteam carrier will operate the route four times weekly with its Airbus A330-200 and Boeing 787-9. It has ...
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NewsJetBlue to be first major US airline to offset all emissions from domestic flights
US low-cost carrier JetBlue says that it will offset all of its emissions from domestic flights beginning in July 2020, becoming the first major US airline to do so in an effort to reduce its carbon footprint from flight operations.
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NewsGaruda delays fundraising for debt repayment
Garuda Indonesia has delayed plans to raise up to $900 million in funds meant for refinancing its debt.
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NewsCitilink signals shift away from European long-haul plan
Indonesia’s Citilink appears to have shelved plans for long-haul flights to Europe, pivoting towards Asia instead. Commenting on its first widebody aircraft, an Airbus A330-900neo received from Avolon last month, vice-president for corporate secretary and corporate social responsibility Resty Kusandarina says, “The aircraft is being prepared for [international] expansion and ...
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NewsGulf Air and Royal Jordanian suspend service to Iraq amid regional tensions
The Kingdom of Bahrain’s flag carrier Gulf Air and Jordan’s Royal Jordanian Airlines say they have suspended service to Iraq after a sharp escalation of political tensions in the region.
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NewsIATA sees strong response to airline gender diversity initiative
IATA is pointing to a strong response from airlines to its recently launched 25by2025 initiative on improving female representation within senior leadership teams across the industry.
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NewsBA begins offsetting domestic flight emissions
British Airways has begun offsetting the emissions from all of its UK domestic flights as part of its ambition to become carbon neutral by 2050. As of 1 January 2020, emissions released by BA flights are being offset through investments in verified carbon-reduction projects around the world. BA operates up ...
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NewsA decade of Airline Business covers
Airline leaders from across the globe – and covering a range of business models – have featured on the cover of Airline Business in the past 10 years. Here are some of the highlights
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NewsCirium names Aeroflot as 2019’s most on-time mainline airline
Russian flag carrier Aeroflot is ranked as the world’s most punctual mainline airline in the On-Time Performance (OTP) Review released today by Cirium.
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NewsDelta Air Lines completes 20% acquisition of LATAM
Delta Air Lines says it has successfully acquired the 20% equity stake in LATAM airlines group for $1.9 billion, completing a deal it had announced earlier this year.
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NewsAir Kiribati takes delivery of first Embraer 190-E2
Air Kiribati, the flag carrier of the central Pacific island nation of the same name, has taken delivery of the first of two Embraer E190-E2 jets, giving it the ability to significantly expand its footprint and directly connect parts of its far flung republic which comprises 32 atolls and one raised coral island across all four hemispheres.
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NewsItaly’s Ernest Airlines ordered to suspend operations
Italian authorities are to suspend the operating licence of carrier Ernest Airlines from mid-January, although it has not detailed the reasons for the decision. Civil aviation regulator ENAC says that the suspension will take effect from 13 January 2020. But it states that there are “no imminent critical issues” which ...
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NewsThailand set to see two new LCCs in 2020
Two Thai low-cost carriers, Thai Eastar Jet and Thai Summer Airways, are likely to take off in 2020. Both have received their air operating licenses (AOL) from the Civil Aviation Authority of Thailand (CAAT) and will need to begin commercial operations within a year. They are now in the process ...
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NewsPoor prospects for Thomas Cook Group creditor dividends
Liquidators of Thomas Cook Group have warned that most of the company’s divisions are unlikely to return a dividend to creditors following its collapse in September. The official receiver says that the group collapsed with around £9 billion ($11.6 billion) in total liabilities. Source: Peter MacDiarmid/Shutterstock UK package ...
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NewsCourt rejects Ryanair attempt to stop operations chief’s EasyJet switch
Ryanair has instructed its lawyers to “immediately appeal” a decision by the Irish High Court to reject the airline’s attempt to prevent former operations chief Peter Bellew from joining UK-based rival EasyJet early next year.
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NewsIATA governors to recommend extension of de Juniac’s tenure
IATA’s board of governors is to recommend an extension to Alexandre de Juniac’s term as chief executive and director general of the airline association.
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NewsJet Airways reissues calls for expression of interest
Collapsed Indian carrier Jet Airways is relaunching its expression of interest (EOI) process, in its ongoing bid to attract new investors.
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PodcastAirline Business Podcast – end of year (and decade) review
The new edition of the Airline Business podcast is now available. Join Graham Dunn, Lewis Harper and Max Kingsley-Jones as they look back on 2019 and the past decade, and forward to what 2020 might have in store for airlines. There are several ways to listen to the Airline Business ...