Latest Airlines news – Page 64
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NewsWizz reshuffles leadership team as Carey departs
Wizz Air has promoted Michael Delahant to senior chief commercial and operations officer after announcing that its president Robert Carey is leaving the airline to pursue other interests.
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NewsLufthansa aims to close ITA deal in fourth quarter
Lufthansa Group expects to close its deal to acquire a 41% stake in ITA Airways in the fourth quarter after securing conditional European Commission clearance for the transaction.
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NewsLufthansa secures conditional regulatory clearance for ITA deal
Lufthansa Group has secured approval from the European Commission for its proposed progressive acquisition of ITA Airways after agreeing concessions to satisfy the regulator’s competition concerns over the tie-up.
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NewsAmerican Airlines deepens backing for ZeroAvia
American Airlines has placed a conditional order for up to 100 units of ZeroAvia’s ZA2000RJ hydrogen fuel cell powertrain, while also deepening its investment in the advanced propulsion developer through participation in the company’s Series C fundraising round.
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NewsFormer Avianca fleet director to head start-up Avion Express Brasil
Wet-lease specialist Avia Solutions Group has appointed a chief executive for its Latin American start-up Avion Express Brasil.
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NewsTime called on Bonza as liquidators appointed
Grounded Australian carrier Bonza Aviation has formally entered liquidation following a second creditors meeting on 2 July at which liquidators were appointed.
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NewsCebu Pacific picks Airbus for up to 152 new narrowbodies
Cebu Pacific has selected Airbus to supply its new narrowbody aircraft, signing a memorandum of understanding for the purchase of up to 152 A321neos.
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NewsQatar Airways Group generates strong full-year net profit
Qatar Airways Group has turned in a full-year net profit of QR6.1 billion ($1.7 billion), up nearly 40%, on revenues of QR81 billion. It states that the figures amount to a record full-year performance for the company. The Doha-based airline says passenger numbers increased more than a quarter to over ...
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NewsStrategic tie-up failure and softer market put pressure on Norse Atlantic
Long-haul budget carrier Norse Atlantic Airways admits the recent failure of strategic investment talks with a potential partner has contributed to pressure on near-term liquidity. The airline says the situation has been aggravated by “softening” market conditions and lower fares, affecting revenues. It adds that it is experiencing a “tail-heavy” ...
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NewsIAG starts another round of share buy-backs to support Air Europa acquisition
British Airways and Iberia parent IAG is pursuing another share buy-back programme intended to support its proposed acquisition of Spanish operator Air Europa.
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NewsAir France-KLM flags summer bookings hit from Paris Olympics
Air France-KLM has warned that travellers avoiding Paris due to the forthcoming Olympic Games could cause a revenue hit of up to €180 million ($193 million) at its French operations.
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NewsAir India to set up pilot training school in Amravati
Air India plans to set up a pilot training school with the aim of graduating 180 commercial pilots annually.
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NewsEmirates unveils initial routes for refurbished 777-300ERs
Middle Eastern carrier Emirates has unveiled initial destinations to which it will deploy Boeing 777-300ERs with refurbished interior. The first aircraft – out of 81 of the type to be refreshed – is undergoing the modification from 1 July. Emirates says it will offer the upgraded cabin initially on services ...
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NewsUnions oppose Air Incheon’s bid for Asiana’s cargo business
Unions have put yet another obstacle in the path of Korean Air’s delayed acquisition of Asiana Airlines by objecting to both the nature of the takeover and the choice of Air Incheon as the preferred bidder for the sale of Asiana Airlines’ cargo business.
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NewsCargoLogicAir administrators wrestle to recover deleted vital records
Joint administrators of former UK-based freight carrier CargoLogicAir are pressuring software specialist Microsoft to recover essential financial data, after records were deleted when user access was withdrawn. CargoLogicAir, which operated a fleet of Boeing 747 freighters, was linked to Russian freight company Volga-Dnepr Group. Sanctions imposed over the Ukrainian conflict ...
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NewsSAS restructuring aid cleared by European Commission
Scandinavian operator SAS has secured European Commission approval for a restructuring aid package worth up to €1.3 billion ($1.4 billion) intended to support the company’s efforts to achieve long-term sustainability. SAS has been undergoing a restructuring programme – known as ‘SAS Forward’ – while under US Chapter 11 bankruptcy protection. ...
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PodcastAirline Business Podcast: Is the airline industry recovery still on track?
In the latest episode – sponsored by Panasonic Avionics – Graham and Lewis discuss the industry outlook following the recent IATA AGM in Dubai, including an improved profit forecast from the association.
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NewsIcelandair prepares for Airbus arrival with simulator acquisition
Icelandair is reinforcing its training regime ahead of introducing Airbus single-aisle jets with an A320neo-family simulator.
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In depthAsia-Pacific low-cost operators boost short-haul networks
Asia-Pacific carriers continue to expand their networks, with low-cost operators leading the charge on the short-haul front.
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NewsAir India hikes capacity to London Heathrow with A350 deployment
Air India is to increase capacity on the Delhi-London Heathrow route by deploying its new Airbus A350-900s on the sector from September. The airline operates a mix of Boeing 777-300ERs and 787-8s on the route. But from 1 September, it states, 14 of its 17 weekly flights will be operated ...