Latest Airlines news – Page 68
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NewsQantas mulls ‘Project Sunrise’ flights from Perth following A$5bn airport expansion deal
Qantas could operate ultra-long-haul flights from Perth – under its ‘Project Sunrise’ programme – as part of a wider ramp-up to expand the west Australian city into its second-largest international hub.
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NewsIsrair Group outlines plan to acquire remainder of MRO firm Bird Aviation
Israeli leisure operator Israir Group has outlined plans to acquire the remaining shares of Cypriot-based maintenance company Bird Aviation. The group took a 50% shareholding in Bird Aviation early last year. Israir Group, in parallel with a first-quarter results disclosure, says its board has reached an agreement in principle to ...
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NewsBelarusian flag-carrier Belavia fails to convince EU court to lift flight ban
Belarusian flag-carrier Belavia has failed to convince the European General Court to lift restrictions on the carrier, imposed after the airline was accused of aiding illegal migration to the EU for political purposes.
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NewsCurrency effects mask SAS’s improved half-year performance
Scandinavian carrier SAS’s first-half pre-tax losses have deepened by 7% to SKr4.1 billion ($384 million), which the company attributes to currency effects.
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NewsAirAsia Aviation posts record quarterly earnings amid strong passenger growth
AirAsia Aviation reported its highest-ever quarterly financial results, on the back of sharp rise in revenues, and despite operational costs increasing.
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NewsMalaysia Airlines reveals first A330neo undergoing final assembly
Malaysia Airlines has shown off its first Airbus A330neo, undergoing final assembly at the airframer’s Toulouse manufacturing line. The carrier’s initial A330-900 is due to be delivered in the third quarter of this year. Malaysia Airlines disclosed in 2022 that it would modernise its fleet with the twinjets, which are ...
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NewsEl Al backtracks on tourism venture as Gaza conflict persists
Israeli flag-carrier El Al has temporarily halted plans to establish a joint tourism company, owing to circumstances including the Gaza conflict. The airline had disclosed last year that it was entering a pact with travel company Issta to establish a tourism and holiday joint venture. But El Al states, in ...
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NewsEffects of conflict behind unusually-strong El Al first-quarter performance
Israeli flag-carrier El Al believes traffic changes arising from the Gaza conflict have resulted in uncharacteristic winter demand for its services, and a unusually strong first-quarter performance.
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NewsAirAsia X flags ‘softer’ mid-year demand, amid sharp decline in Q1 net profit
AirAsia X reported a 75% drop in its quarterly net profit, despite higher revenue, as it flags a “softer” travel period through September.
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NewsEgyptAir sold A220 fleet after engine issues led to prolonged inactivity
EgyptAir’s decision to sell its fleet of Airbus A220-300s was the result of losses as the fleet became inactive owning to engine problems, the carrier confirms in a financial statement. The airline had 12 of the twinjets in its fleet, the first of which it received in September 2019. But ...
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PodcastAirline Business Podcast: First-quarter challenges but brighter summer to come
In the latest episode – sponsored by Panasonic Avionics – Graham and Lewis look back on a first-quarter earnings season that saw a variety of challenges around the world, but also positivity on what will follow in 2024.
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NewsRevenue boost drives improved Aegean first quarter before currency hit
Greek carrier Aegean Airlines boosted its first quarter financial performance at an operating level after increasing revenues 17% in the first three months of 2024.
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NewsWizz Air expects up to 35 Airbus deliveries delayed in fiscal 2025-26
Central European budget carrier Wizz Air is expecting deliveries of up to 35 Airbus aircraft to be delayed over the course of fiscal 2025-26.
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NewsWizz Air forecasts full-year profit as A320neo engine checks keep capacity flat
Central European budget carrier Wizz Air is forecasting a net profit of €500-600 million ($540-650 million) for the current full year, despite the problems of groundings forced by Pratt & Whitney engine inspections. The airline has confirmed a net profit of €366 million for the year ended 31 March, turning ...
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NewsCargo revenue helps push Turkish Airlines to first-quarter profit
Turkish Airlines posted another profitable first quarter, with its revenue climbing 10% thanks partly to strong cargo sales
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NewsRiyadh Air to start certification flights around September: chief
Saudi Arabian start-up carrier Riyadh Air is aiming to begin certification flights in September, as it seeks to commence commercial services next year. The airline’s chief executive, Tony Douglas, stated at the Future Aviation Forum in Riyadh on 20 May that it had hired its initial cadre of 38 pilots ...
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NewsBrazil’s Levu to introduce A321 converted freighter through SmartLynx
Wet-lease specialist SmartLynx Airlines is to provide one of its Airbus A321 freighters to Brazilian firm Levu Air Cargo, which will be the first Latin American company to operate the type.
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NewsAustralian competition watchdog bemoans Bonza collapse
Australia’s antitrust regulator has warned of “detrimental” effects to the domestic airline sector if Bonza – the start-up which collapsed in late April – is unable to resume services.
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NewsSaudia and Flyadeal unveil order for over 100 A320neo-family jets
Saudi Arabian flag-carrier Saudia and its budget spin-off Flyadeal are ordering another 105 Airbus A320neo-family jets.
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NewsS7 Airlines to take batch of A321s from Russian state lessor
Russian carrier S7 Airlines is to increase its capacity through the lease of Airbus A321s from state lessor GTLK.