Latest Airlines news – Page 72
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NewsAustralian watchdog proposes to approve Air NZ, Virgin Australia codeshare
The Australian Competition and Consumer Commission (ACCC) is proposing to authorise a unilateral code-sharing agreement between Virgin Australia and Air New Zealand.
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NewsAirAsia Cambodia begins commercial operations
AirAsia Cambodia – the low-cost airline group’s newest unit – has began operations, operating from its Phnom Penh hub to Siem Reap and Sihanoukville.
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NewsTwenty airlines told to amend sustainability claims in EU ‘greenwashing’ crackdown
Twenty airlines have been told by the European Commission to bring their practices into line with European consumer law, after concerns that they are making misleading claims over sustainability. The notification to the carriers – which have not been identified – follows a multinational examination of claims that carbon dioxide ...
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NewsSpohr hopeful of ITA acquisition approval this summer
Lufthansa Group chief executive Carsten Spohr is optimistic it can secure approval for its planned acquisition of Italian carrier ITA Airways this summer amid what he describes as “constructive” talks with European competition regulators.
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NewsPlay finance chief steps down after steering IcKr4.6bn capital raise
Icelandic budget carrier Play’s chief of finance, Olafur Thor Johannesson, is stepping down from his position, resigning just a few weeks after the departure of chief executive Birgir Jonsson. Johannesson will stay in the role until a successor is appointed. New chief executive Einar Orn Olafsson says Johannesson has been ...
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NewsGrounded Bonza appoints administrators
Australian budget carrier Bonza has entered voluntary administration after suspending flights earlier on 30 April.
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NewsAir France-KLM reports deeper first-quarter loss after operational disruption
Air France-KLM’s operating loss deepened in the first quarter of 2024, as “exceptional” operational disruptions and falling cargo revenue dented the European airline group’s performance.
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NewsLufthansa looks to summer and cost-savings after strike-hit first quarter
Lufthansa Group is taking encouragement from strong summer demand after confirming a financial hit from strike disruption, increased costs, and lower than expected capacity expansion in wider first quarter losses.
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NewsAsia-Pacific carriers ride wave of travel demand in March: AAPA
Asia-Pacific airlines continued to enjoy strong international growth in March, with leisure and business travel surging.
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NewsChina Southern swings to Q1 profit as peers languish in the red
China Southern Airlines was the sole carrier among the country’s three largest operators to swing back to black in the first quarter of the year, even though they all saw revenues improve.
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NewsBonza suspends flights as continued viability questioned
Australian budget carrier Bonza has suspended operations on 30 April, raising questions about the viability of the two-year-old airline.
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NewsChina Southern joins C919 club with 100-aircraft order
China Southern Airlines has entered into an agreement with Comac to purchase 100 C919 narrowbodies, days after compatriot Air China placed an order for 100 examples.
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NewsLimits imposed on Tarom as EU approves financial aid for restructuring
Romanian flag-carrier Tarom has secured European Commission clearance for a financial restructuring package, which it will use for initiatives including fleet renewal.
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NewsSAS signs formal alliance agreement ahead of SkyTeam entry in September
Scandinavian flag-carrier SAS has signed the formal alliance adherence agreement which will lead to its accession to SkyTeam on 1 September.
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NewsMalaysia Aviation Group breaks ground for new flight simulator centre
Malaysia Aviation Group (MAG) has began construction work on a new flight simulator training facility near Kuala Lumpur International airport.
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NewsIAG and Air Europa formally notified of EU competition concerns over proposed tie-up
British Airways and Iberia parent IAG has been told that its proposed acquisition of Air Europa could restrict competition, particularly on routes to and from Spanish cities. The European Commission has outlined its concerns in a formal statement of objections to the companies, as it continues its in-depth investigation into ...
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NewsAir China signs for 100 C919s
Air China has entered into an agreement with Comac for the purchase of 100 C919 aircraft, becoming the latest high-profile customer for the narrowbody programme.
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NewsComac jets ‘worth looking at’ for AirAsia future fleet growth: Fernandes
AirAsia Group advisor Tony Fernandes is not ruling out Comac aircraft from future fleet planning, becoming the latest in a growing number of airline leaders to comment on the Chinese airframer.
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NewsPlay partly blames ‘inaccurate’ coverage of volcanic activity for first-quarter loss
Icelandic budget carrier Play is attributing first-quarter losses partly to news coverage of recent volcanic activity, which the airline claims was “inaccurate”. Play says a $20.4 million loss before interest and tax was “heavily affected” by the coverage, although it had been expecting a negative impact. “Now the results are ...
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NewsInternational travel demand drives ANA revenues and operating profits
Strong travel demand and cost controls helped ANA Holdings, the parent of All Nippon Airways, power to a record operating profit its latest financial year.