Latest Airlines news – Page 66
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NewsAir Baltic pilot academy to acquire electric Diamond training aircraft
Latvian carrier Air Baltic’s training arm is to acquire a number of all-electric Diamond Aircraft models, as part of a modernisation of its fleet. The company has reached a tentative agreement for three Diamond eDA40s, a derivative of the single-engined DA40. It will also take a pair of twin-engined DA42-VIs. ...
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NewsPegasus chairman warns airline’s financial performance not sustainable
The chairperson of Pegasus Airlines has warned the Turkish low-cost carrier’s financial performance is “not sustainable” because soaring costs are outstripping rising revenues.
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NewsLithuania’s Heston withdraws from widebody operations with A330 transfer
Lithuanian wet-lease carrier Heston Airlines has signalled a withdrawal from widebody operations in favour of additional single-aisle capacity.
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NewsAir New Zealand trims senior leadership amid ‘economic challenges’
Air New Zealand has axed its corporate affairs chief as part of a cost-saving move amid “economic challenges”.
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NewsSwedish court fixes date for vote on SAS parent’s re-organisation plan
Parties affected by the proposed re-organisation of Scandinavian operator SAS’s parent company will have the chance to vote on the scheme on 12 July.
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NewsFurther competition commitments extend IAG-Air Europa assessment deadline
IAG’s planned acquisition of Spanish carrier Air Europa will undergo additional assessment after further commitments were submitted to clear the deal.
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NewsSouthwest pushes back against criticism of leadership
Southwest Airlines disagrees with the grim prognosis recently offered by Elliott Investment Management, a firm that now holds a roughly 11% stake in the Dallas-based carrier.
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NewsEtihad and China Eastern firm up joint venture
Etihad Airways and China Eastern Airlines have signed a joint-venture agreement – the first between Middle Eastern and Chinese carriers – which will see both operators coordinate their schedules on parts of their networks.
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NewsRex shuffles leadership with Neville Howell stepping into CEO role
Australia’s Regional Express (Rex) has promoted its operating chief to lead the airline, as current executive chair Lim Kim Hai steps down.
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NewsAkasa unfazed by supply chain crunch amid ‘ambitious’ international push
India’s Akasa Air says it is still satisfied with the delivery timeline of its Boeing 737 Max aircraft, despite ongoing delays, as it prepares to expand its operations internationally.
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NewsBonza staff axed after no offers received
The administrators of grounded Australian carrier Bonza will terminate all staff and cancel all future flights after no firm buyer emerged for the grounded airline.
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NewsAir India-Vistara merger clears major hurdle with court approval
India’s National Company Law Tribunal (NCLT) has cleared the merger between Tata Group units Air India and Vistara, paving the way for the formation of India’s largest international operator.
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NewsANA postpones Nippon Cargo takeover for the 4th time
All Nippon Airways has delayed its planned takeover of fellow Japanese carrier Nippon Cargo Airlines for a fourth time.
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NewsIsrael’s El Al to hold exclusive talks on acquiring around 30 737 Max jets
Israeli flag-carrier El Al is entering exclusive negotiations with Boeing and lessors with a view to acquiring around 30 737 Max jets.
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NewsSAS expects mid-July vote on plan to re-organise parent company
Plans for the re-organisation of SAS AB, the parent company of Scandinavian carrier SAS, have been distributed to the affected parties. SAS AB applied for Swedish re-organisation in late March, and a court approved the measure. The company intends to ask the court to open plan proceedings. It expects a ...
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NewsAeroflot reportedly negotiating to switch fleet order entirely to MC-21
Russian media are widely reporting that Aeroflot is restructuring its fleet-modernisation agreement with United Aircraft in favour of additional Yakovlev MC-21s. Aeroflot Group signed for 339 aircraft nearly two years ago, comprising 210 MC-21s and 89 of the domestically-revamped SJ-100, plus 40 Tupolev Tu-214s. But chief executive Sergei Aleksandrovsky is ...
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NewsHiSky restores Romania’s New York link with A330 service
Romanian carrier HiSky has conducted its first service to New York JFK, restoring a long-haul link from Bucharest after two decades. HiSky used an Airbus A330-200 to operate the flight on 7 June. It says it has “written history” with the 10h flight to JFK. Romanian flag-carrier Tarom had previously ...
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NewsSouth Korea’s T’way plans further European expansion
South Korean low-cost operator T’way Air is looking to further expand its European operations, as it prepares to launch flights to Rome and Barcelona.
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NewsCanadian budget carrier Flair seeks new chief as Jones retires
Canadian carrier Flair Airlines is seeking a new chief executive, as current head Stephen Jones is poised to retire this summer.
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News‘We left that station already’: IndiGo’s Elbers brushes off ‘traditional LCC’ label
IndiGo chief Pieter Elbers has pushed back on calling the airline a “traditional” low-cost operator, noting that it already has undertaken a series of initiatives that other low-cost carriers would not usually take.