Latest Airlines news – Page 31
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NewsPlay leasing several aircraft to Maltese division of Ukraine’s SkyUp
Ukrainian operator SkyUp’s Maltese division has emerged as the partner to which Icelandic carrier Play Airlines is supplying aircraft under its new diversification strategy. Play is deploying four of its 10 Airbus A320neo-family jets for damp-lease to SkyUp MT from spring-summer this year. The agreement will run to the end ...
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NewsChina’s ‘Big Three’ widen first-quarter losses amid competition ‘pressures’, looming trade war
China’s three largest operators were loss-making for the first quarter of the year, as competitive ‘pressures’ and the uncertainty surrounding an ongoing trade war with the USA weighed on revenue growth.
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NewsIcelandair transformation progresses but economy slows booking pace
Icelandair Group is expecting profitability improvements in the second and third quarters, having cut its first-quarter operating loss by around 10% to $62.3 million. Over the three months to 31 March the company recorded better results across all its business segments. But the company is cautioning that the pace of ...
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NewsIndustrial action weighs on Finnair earnings in ‘tough’ first quarter
Finnair saw its losses deepen in the first quarter of 2025 as “prolonged” industrial action by pilots and increased sustainability-linked costs hit its bottom line.
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NewsLeisure carrier Jet2 initiates share buyback as strong financial performance continues
UK leisure carrier Jet2 is embarking on a £250 million ($335 million) share buyback, which will be conducted in two stages of up to £125 million each. Jet2 will be able to purchase a maximum of just under 21.47 million shares, 10% of its issued stock. It states that the ...
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NewsLufthansa sticks to full-year profit hopes despite trade uncertainties limiting visibility
Lufthansa Group is sticking to its target of “significantly” improving full-year operating profit after cutting first quarter losses, but flags challenges in forecasting amid macroeconomic uncertainties around trade.
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NewsCondor secures re-approval for restructuring aid package
German leisure carrier Condor has secured re-approval for a €321 million ($367 million) restructuring package, a year after the European Union’s General Court annulled the previous clearance. The annulment in May 2024 resulted from a case brought by budget operator Ryanair. In its judgement the court stated that the European ...
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NewsEtihad bringing ‘widebody’ interior, including first-class suites, to A321LR fleet
Etihad Airways is introducing first-class suites as part of an enhanced interior on its long-range Airbus A321LR twinjets, set to enter the fleet later this year. The initial aircraft – one of 10 to arrive this year – will enter service on 1 August. It will be configured with two ...
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NewsAAPA flags ‘potentially softening’ demand amid economic uncertainty
The Association of Asia Pacific Airlines (AAPA) warns that passenger and cargo demand in the near term could “potentially” soften, as a result of uncertainty stemming from the economic policies of the Trump administration.
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NewsPhilippine Airlines, Qatar Airways launch strategic partnership
Philippine Airlines (PAL) has entered into a strategic partnership with Qatar Airways, following the launch of daily flights to the latter’s Doha hub.
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NewsFinnair furloughs pilots as labour dispute prompts cuts to Qantas wet-lease
Finnair is to furlough nearly 40 long-haul pilots for at least eight months in relation to the continuing dispute over its wet-lease operation for Oneworld partner Qantas. Qantas wet-leases two Airbus A330s for services on the Sydney-Bangkok and Sydney-Singapore routes. Finnair says the arrangement has enabled it to find use ...
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NewsRoyal Jordanian claims progress as it turns in full-year operating profit
Royal Jordanian is claiming progress in its effort to restore financial stability, after turning in a full-year operating profit of JD11.8 million ($16.6 million) and reducing net losses. Its net loss fell from JD8.7 million to JD3.5 million. The carrier suffered from the impact of the Gaza conflict, and its ...
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NewsChina Eastern eyes international expansion, with North America noticeably absent
China Eastern Airlines says it intends to “vigorously” grow its international network, with flights to Africa, Europe and Asia planned.
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NewsAir Tanzania should review aircraft operation model after persistent losses: auditor
Auditors of Air Tanzania are recommending that the carrier collaborates with the government on a study to determine the most suitable aircraft operation model, after revealing continuing heavy losses at the company. This should include an assessment as to whether it should continue to use Airbus A220s, after its fleet ...
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NewsWizz Air leans heavily on sustainable fuel to stay on net-zero course
Central European budget carrier Wizz Air has placed sustainable aviation fuel at the centre of a decarbonisation strategy, as it expresses concern that efforts to achieve net-zero emissions are derailing. The airline says its net-zero roadmap “offers a realistic path”, by concentrating on sustainable fuel, aircraft technology, and air traffic ...
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NewsCathay Pacific, EVA Air add Dallas to North American network
Cathay Pacific has began operations to Dallas Fort Worth, the eighth city in its North American network.
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NewsAmerican Airlines cites ‘uncertainties’ as it withdraws full-year guidance
US major American Airlines has withdrawn its full-year guidance as it grapples with economic uncertainties emanating from its home country.
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NewsIndiGo appoints ex-FAA administrator Whitaker to board
IndiGo has appointed former FAA administrator Michael Whitaker as an independent director.
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NewsCathay taking ‘proactive steps’ to guard against likely tariff impact
Cathay Pacific Group has warned of possible impact from the ongoing trade war between the USA and China, with cargo demand expected to soften in the coming months.
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NewsPhilippine Airlines picks former SriLankan chief as new leader
Philippine Airlines has appointed its first foreign leader, tapping on former SriLankan CEO Richard Nuttall to lead the national carrier.