Latest Airlines news – Page 46
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NewsEstonia’s Nordic Aviation Group files for bankruptcy after privatisation collapses
Estonian carrier Nordic Aviation Group has ceased operations and filed for bankruptcy after a proposed investor pulled out of a planned privatisation.
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NewsEl Al purchases 777 airframe to secure spare engines for operational fleet
Israel’s El Al has purchased a Boeing 777 fuselage in order to have spare engines available for its fleet of the twinjet type. The airline disclosed the acquisition as it released third-quarter financial results. El Al says it was purchased from a “foreign company” for a consideration of $7.3 million, ...
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NewsRoyal Jordanian to open new US gateway route next year
Royal Jordanian Airlines is to open a new transatlantic service to Washington DC ahead of the summer season next year. The Oneworld alliance carrier states that it will fly the nonstop route from Amman twice-weekly. Royal Jordanian will deploy Boeing 787s for the service. It will bring to four the ...
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NewsWalsh sees US carriers hopeful of 'lighter touch' on industry from Trump administration
IATA chief executive Willie Walsh believes US president-elect Donald Trump’s previous support of the airline industry during Covid and likely lighter regulatory touch mean US airline leaders are generally “net positive” about the incoming administration.
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NewsEl Al benefits in third quarter as regional jitters keep competitors away
Israeli flag-carrier El Al’s third-quarter revenues topped $1 billion as the airline continued to benefit from the depleted competition out of Tel Aviv. Demand generated a $308 million surge in revenues for the three months including $36 million for the cargo sector. El Al’s pre-tax profit for the three-month period ...
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NewsITA Airways chief hopes for Lufthansa final approval before Commission change
ITA Airways chair Antonino Turicchi is hopeful the Italian carrier will secure final approval for its protracted acquisition by Lufthansa Group from the outgoing European Commission before the year-end.
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NewsInternational travel surges through holidays as US airlines kick off winter season
Upcoming holiday air travel is likely to break records in the USA as major airlines prepare for the operationally challenging winter season.
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NewsTurkey’s BBN seeks approval to operate US services
Turkish operator BBN Airlines is seeking authorisation to open both passenger and cargo services to US destinations. BBN initially aims to start cargo and passenger charter operations but expand to scheduled services in both sectors. The carrier uses the main Istanbul airport for cargo flights, and the secondary Sabiha Gokcen ...
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NewsSpirit Airlines eyes Q1 exit after filing for ‘streamlined’ Chapter 11 restructuring
Struggling US budget carrier Spirit Airlines has filed for a pre-arranged Chapter 11 restructuring process, from which it hopes to emerge in the first quarter of next year having already secured investment commitments from existing bondholders.
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NewsCongo Airways wet-leasing pair of 737-800s as bridge capacity
Congo Airways is to lease a pair of Boeing 737s from Avia Solutions Group as part of an effort to restore capacity. Both aircraft are being taken on a six-month wet-lease from Avia’s KlasJet division. KlasJet says Congo Airways’ pair of Airbus A320s have been grounded for engine maintenance, and ...
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NewsBangkok Airways to wet lease aircraft for international capacity boost
Bangkok Airways is to wet lease a pair of Airbus narrowbodies from French operator Amelia to provide capacity boost for its international operations.
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NewsFormer Lion Air CEO appointed to lead Garuda
Garuda Indonesia has confirmed the appointment of Wamildan Tsani Panjaitan – the former interim chief exeutive of low-cost operator Lion Air – as its new CEO.
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NewsAegean profits slip in third quarter amid capacity constraints
Profits at Greek carrier Aegean Airlines slipped by around one-fifth in the third quarter, a period in which capacity was limited by the continued impact of the Pratt & Whitney geared-turbofan engine inspections and conflict in the Middle East.
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NewsHainan unit Urumqi Air no longer C919 customer following order rejig
Hainan Airlines group has adjusted its Comac aircraft order, with unit Urumqi Air to no longer take delivery of 30 C919s.
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NewsPhilippine carriers warn of revenue pressures as profitability streak continues
Philippine Airlines and Cebu Pacific reported a drop in their third-quarter earnings – despite seeing passenger volume growth – as they warned of “pressures” from falling yields and rising costs.
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NewsBolstered Azul sees profits lift in third quarter
Brazilian carrier Azul boosted profitability and revenues in the third quarter as the low-cost carrier struck a positive note on the rest of this year and beyond.
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NewsAir Belgium awaits clarity on bid proposals ahead of court hearing
Air Belgium is awaiting details on potential bids for the carrier, after extending a deadline for submission of proposals. The revised deadline will expire on 15 November. Air Belgium says the extension of the bidding period is intended to “ensure solid and binding offers”. It adds that it “reflects the ...
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NewsRoyal Brunei seeks India, North Asia network opportunity
Royal Brunei Airlines eyes network opportunities in North Asia and India, as it looks to “key regions” for future network growth.
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NewsEtihad’s nine-month net profits up two-thirds after strong summer period
Middle Eastern carrier Etihad Airways is crediting a strong summer season, following network expansion, for a substantial improvement in profitability at the nine-month mark. The Abu Dhabi-based operator – which has extended its network to 83 destinations – says it also achieved “significant growth” in its cargo activities, especially during ...
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NewsAbra chief sees Avianca and Gol stepping up co-operation
Chief executive of Latin American airline holding group Abra Adrian Neuhauser sees more customer-facing co-operation rolling out between partner carriers Avianca and Gol next year.