Latest Airlines news – Page 63
-
NewsSAS enters SkyTeam codeshare pact with Air France-KLM
SAS has signed a codeshare agreement with SkyTeam operator Air France-KLM, ahead of its switch to the alliance in September. Under the agreement Air France and KLM customers will have access to 33 destinations in northern Europe reachable beyond the Scandinavian hubs at Copenhagen, Stockholm and Oslo. SAS will, in ...
-
NewsDelta’s profit slips 29% year on year in second quarter
Delta Air Lines’ profit slipped in the second quarter compared with the same period last year, but the US carrier still delivered an operating margin of almost 15% for the three months ending 30 June.
-
NewsRyanair Group figure joins KM Malta as chief financial officer
New Maltese carrier KM Malta Airlines has named a former Ryanair Group figure as chief financial officer. Joseph Azzopardi has previously served as accountable manager for simulator operations, and in finance roles for Ryanair Group. The group has a Maltese carrier, branded Malta Air. Azzopardi has experience in managing air ...
-
NewsJet2 exercises remaining Airbus rights with entire backlog listed as A321neos
UK leisure carrier Jet2 has exercised rights for 36 more Airbus A321neos, giving the carrier a total firm commitment to 146 of the type. The airline has a delivery stream running to 2035 as a result of the decision. Jet2 originally ordered 36 A321neos in 2021, increasing this to 57 ...
-
NewsBA Cityflyer loses compensation appeal over flight cancelled by pilot illness
British Airways’ Cityflyer operation has lost an appeal against a compensation claim brought after a flight was cancelled owing to pilot illness. The UK Supreme Court made the ruling on 10 July. It concerned the cancellation of a Milan Linate-London City flight in January 2018, which was due to be ...
-
NewsCommission backs Covid state support to Air France-KLM for a second time
Air France-KLM has welcomed a fresh decision by the European Commission confirming the legality of state financial support given in response to the Covid-19 pandemic, after its originally approval decision was successfully challenged on appeal.
-
NewsAir Cote d’Ivoire requests financing proposals for upcoming A330neo deliveries
Air Cote d’Ivoire is seeking $170 million in financing to cover a pair of Airbus A330neos, for which the carrier signed nearly two years ago. The airline ordered the A330-900s, powered by Rolls-Royce Trent 7000 engines, in September 2022. It states in a document to bidders, detailing the financing requirement, ...
-
NewsTurkish Airlines to lease 10 A321neos from AerCap
Turkish Airlines has signed a lease agreement with lessor AerCap for 10 new Airbus A321neos.
-
NewsVietnam Airlines’ fleet grows with first A320neo arrival, imminent 787-10 delivery
Vietnam Airlines has taken delivery of the first of three Airbus A320neos, and confirms that more Boeing 787-10 aircraft will be delivered “in the near future”
-
NewsEx-chief of El Al co-founds Israeli start-up carrier aiming to fly from Haifa
Former El Al chief executive Gonen Usishkin is heading a new Israeli start-up airline, which aims to operate turboprop services from the northern coastal resort of Haifa. AirHaifa is expecting civil aviation regulators to complete the carrier’s licence process around September this year. The airline says it plans to operate ...
-
NewsTarom claims ‘normality’ agreement after crew disruption forces flight cancellations
Romanian flag-carrier Tarom has reached an agreement with flight personnel to restore normal operations, after multiple claims of sickness forced the airline to cancel a large number of services. The airline cancelled over 20 flights on 8 July after flight staff made “individual declarations of unfitness to fly”. Tarom says ...
-
NewsLufthansa faces in-depth re-assessment of €6bn pandemic aid after EU court ruling
German flag-carrier Lufthansa is facing an in-depth investigation by the European Commission over its €6 billion ($6.5 billion) recapitalisation during the Covid-19 pandemic, following court annulment of the original approval. The state aid measure comprised a €5.7 billion silent participation, made up of two financial instruments, plus a €306 million ...
-
NewsSingapore approves SIA-Garuda commercial joint venture
Singapore’s competition regulators have allowed Singapore Airlines and Garuda Indonesia to deepen their strategic partnership as part of a commercial joint venture agreement.
-
NewsCathay Pacific to redeem shares to draw line under Covid state support
Cathay Pacific has outlined plans to redeem and cancel its remaining preference shares held by the Hong Kong government related to a recapitalisation carried out in 2020 after the pandemic hit.
-
NewsITA performance ahead of business plan: Spohr
Italian carrier ITA Airways is performing ahead of the business plan drawn up last year as Luthansa Group prepares to take a stake in the airline.
-
NewsUzbek carrier My Freighter leases additional 767 cargo jets
Uzbek carrier My Freighter has entered a lease agreement for another pair of Boeing 767-300 converted cargo jets. It has reached the deal with US-based Air Transport Services Group subsidiary Airborne Global Leasing. Tashkent-based My Freighter’s chief, Abdulaziz Abdurakhmanov, says the agreement is a “significant milestone” which “strengthens our service ...
-
NewsAirAsia’s A321neo deliveries resume after pandemic hiatus
Thai AirAsia has taken delivery of a new Airbus A321neo, marking the resumption of aircraft deliveries for the AirAsia Group after a hiatus of close to four years.
-
NewsNorwegian cuts full-year profit outlook over softer traffic and higher costs
Scandinavian budget carrier Norwegian has revised downwards its full-year operating profit forecast, to NKr2.1-2.6 billion ($199-246 million) – including the contribution from newly-acquired regional operator Wideroe.
-
NewsSouthwest board adopts rights plan to counter activist investors
Southwest Airlines’ board of directors has adopted a rights plan aimed at fending off activist shareholders gaining control of the company.
-
NewsPlay names former Bluebird Nordic executive as finance chief
Icelandic budget carrier Play has named Ruta Dabasinskaite-Vitke as its new chief financial officer, succeeding Olafur Thor Johannesson.