Latest Airlines news – Page 55
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NewsAeroflot Group chief keen to use new wet-lease rules for Far East operations
Aeroflot Group chief Sergei Alexandrovsky has expressed interest in taking advantage of new Russian regulations on leasing to support operations in the east of the country. Alexandrovsky spoke during a session at the Eastern Economic Forum in Vladivostok on 4 September. He stressed the importance of air transport to the ...
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NewsAlliance offloads E190 airframes to maintain spare CF34 engine supply
Australia’s Alliance Aviation has executed two letters of intent covering the sale of six Embraer 190 airframes minus their GE Aerospace CF34 powerplants, alongside a separate deal to sell 13 surplus Rolls-Royce Tay engine cores.
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NewsMASkargo seeks to expand with 737-800 freighter operations
Malaysian cargo airline MASkargo is seeking to expand its regional Asia operations by partnering with a Boeing 737-800 freighter operator.
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NewsEasyJet joins forces with JetZero to shape blended-wing-body development
Budget carrier EasyJet is partnering with JetZero to offer operational insights to help guide the development of the US start-up’s blended-wing-body aircraft.
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NewsCyprus Airways to take ex-EgyptAir A220 through new Azorra lease
Cyprus Airways has taken delivery of an Airbus A220-300, one of a batch of former EgyptAir aircraft which were picked up by US-based lessor Azorra. Azorra acquired the 12 A220-300s from EgyptAir in February this year. EgyptAir, which initially took delivery of A220s in 2019, had parked several of the ...
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NewsAegean positions to become Volotea shareholder with €25m investment
Greek carrier Aegean Airlines intends to take a stake of up to 21% in Spanish low-cost carrier Volotea after it participated in a round of fundraising with the latter’s shareholders.
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NewsANA’s first 777 with emissions-reducing Aeroshark film enters service
All Nippon Airways has applied the low-drag AeroShark surface film on a single Boeing 777 freighter, becoming the second Asian operator to use the film on its aircraft.
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NewsChina Eastern to absorb low-cost unit OTT Airlines
China Eastern Airlines is to merge its OTT Airlines subsidiary into mainline operations, marking an end to the low-cost operator’s short-lived stint.
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NewsRestructured SAS formally joins SkyTeam after withdrawal from Star Alliance
Scandinavian carrier SAS has formally become the 21st member of the SkyTeam alliance, having joined the group after withdrawing from Star Alliance. SAS’s membership of SkyTeam – effective from 1 September – follows its emergence from US Chapter 11 protection, during which it underwent extensive restructuring. As part of this ...
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NewsChina Southern leads way on profits among top Chinese carriers in first half
China Southern Airlines continues to lead the way among the country’s leading three operators after trebling its operating profit at the halfway point of the year, though all three carriers remain in the red at a net level amid mixed fortunes.
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NewsSpiceJet to furlough 150 cabin crew amid funding efforts
Under-pressure Indian low-cost carrier SpiceJet is to furlough 150 cabin crew staff during the off-peak travel season as it continues to battle financial challenges.
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NewsVistara to operate under Air India from November
Indian carrier Vistara will operate as part of Air India from 11 November, following the long-anticipated merger between the two carriers.
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NewsAirAsia eyes significant network expansion as Q2 earnings improve
The AirAsia Aviation Group intends to launch 23 new routes across its five units in Southeast Asia by end-September, a significant expansion that comes amid an improvement in earnings.
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NewsNew Delhi clears SIA to own 25.1% of enlarged Air India
India’s government has cleared the way for Singapore Airlines to own a 25.1% stake of Air India following the Indian carrier’s pending merger with Vistara.
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NewsMalaysia Airlines details extent of delivery delays as capacity cuts hit 20%
Malaysia Airlines has cut about 20% of its network as it blames longer-than-expected maintenance time and delays in new aircraft deliveries for an ongoing operational meltdown.
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AnalysisHawaiian Airlines makes ‘multiple bets’ to address its climate conundrum
Atop the challenges which face every airline every day, Hawaiian Airlines is acutely aware that climate change threatens to damage or even destroy key aviation, tourism and community infrastructure across the islands, and by extension big sections of the tourist economy
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NewsBrazilian legislature approves R5bn in credits for the country’s airline sector
The Brazilian legislature has passed a bill that will provide R5 billion ($914 million) in credits for its struggling airlines.
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NewsAeroflot Group claims first-half net profit under international accounting
Aeroflot Group is claiming a net profit of Rb42.3 billion ($462 million) over the first half of the year, under international accounting standards. It attributes the performance to higher traffic levels and load factor, combined with cost control. Adjusted for exchange-rate valuations and the effect of insurance settlement in the ...
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NewsEngineering boost helps TAP counter Brazilian currency hit in second quarter
Privatisation target TAP Air Portugal boosted its recurring operating profit in the second quarter, although its net performance was dragged down by the currency challenges in its key Brazilian market.
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NewsNigerian carriers seek fleet-modernisation support through Boeing co-operation pact
Nigerian carriers are seeking to ease the process of fleet modernisation as part of an agreement reached between Boeing and the Nigerian aviation ministry. The agreement – in the form of a memorandum of understanding – was signed in Seattle on 28 August. Nigerian aviation minister Festus Keyamo says the ...