Latest Airlines news – Page 78
-
News’ITA deserves a future’: Lufthansa chief
Lufthansa Group chief executive Carsten Spohr is “optimistic” about the business securing a stake in Italian carrier ITA Airways as the European Commissions nears a crucial stage of its investigation into the deal.
-
NewsSAS secures US court approval for plan to emerge from Chapter 11
Scandinavian operator SAS has obtained US court approval for its re-organisation plan, keeping it on track for potentially emerging from Chapter 11 bankruptcy protection at the end of the first half of this year. More than 99% of the company’s creditors that voted on the plan supported it. SAS filed ...
-
NewsTaxes and strikes slowing Frankfurt traffic recovery
Fraport expects passenger numbers at Frankfurt airport to increase to be between 61 and 65 million this year, still leaving the Lufthansa hub airport some way short of the nearly 71 million high it handled before the pandemic in 2019.
-
NewsVirgin expands African reach with Kenya Airways codeshare pact
UK operator Virgin Atlantic Airways is to begin codesharing with SkyTeam partner Kenya Airways, a move re-establishing its presence in the London-Nairobi market.
-
NewsVietnam’s Pacific Airlines ceases operations amid unpaid leases
Vietnamese low-cost carrier Pacific Airlines has ceased operations, with its Airbus A320 fleet returned to lessors.
-
NewsSilk Way West signs for another 777F
Azerbaijan’s Silk Way West Airlines has disclosed that it is ordering another Boeing 777 freighter, extending an original agreement for five of the type. Silk Way West says the extra aircraft is scheduled to be delivered next year. It has already received two of the five 777Fs for which it ...
-
NewsAir Samarkand names new chief ahead of starting scheduled flights
Uzbek start-up carrier Air Samarkand has named a new chief executive, just ahead of commencing its scheduled flight programme. The carrier has appointed Zafar Butaev to the top post, succeeding Anton Khodiayan who is returning to the leadership of airport management company Air Marakanda. Butaev is a tourism and hospitality ...
-
NewsChairman takes over as Play chief executive Jonsson departs
Chairman and shareholder Einar Orn Olafsson is to become chief executive of Icelandic low-cost carrier Play, replacing Birgir Jonsson in the role.
-
NewsAirAsia Cambodia to launch in May, with international flights following in third quarter
AirAsia’s Cambodian unit will commence operations on 2 May, as the low-cost operator looks to drive tourism demand into the country.
-
NewsAir Serbia claims full-year profit after strong network expansion
Air Serbia is claiming a full-year profit of €40.5 million ($44.1 million), adding that it almost doubled the previous figure.
-
NewsAirAsia Malaysia makes Australia debut; Taiwanese operators ramp up network
AirAsia Malaysia begins direct flights to Perth, while Taiwanese carriers China Airlines and EVA Air ramp up their North American and regional networks, respectively.
-
NewsCourt filing lists nearly 30 737s as part of IAero asset sale linked to US carrier Eastern
Court filings have revealed that US operator IAero Airways – which is under US bankruptcy protection – is pursuing an asset-sale agreement involving an entity linked with carrier Eastern Airlines.
-
NewsSouth African government to explore alternative financial avenues for developing SAA
South Africa’s government is confident that flag-carrier South African Airways will be able to continue expanding despite the collapse of a long-running effort to sell a majority share to private investors. Investor consortium Takatso had been set to take a 51% share of the airline, but the two sides have ...
-
NewsSouth African Airways’ drawn-out privatisation deal collapses as parties agree cancellation
South Africa’s government and an investment consortium have ended public-private partnership plans for South African Airways under which the consortium would have taken a majority share in the flag-carrier. The Takatso consortium had been unveiled as a potential investor in SAA some two-and-a-half years ago. But finalising the agreement has ...
-
NewsAir Mauritius appoints outsourcing specialist as new chief executive
Air Mauritius has introduced outsourcing and business process specialist Charles Cartier as its new chief executive, succeeding Kresimir Kucko.
-
NewsIndian domestic start-up Fly91 prepares to commence services
Indian start-up carrier Fly91 is to commence services on 18 March, having secured its air operator’s certificate.
-
NewsCathay begins mid-sized widebody renewal campaign with orders to come in next few years
Cathay Pacific’s ongoing campaign for new mid-sized widebody jets is “still in its early days” with the airline expecting to place an order only in the next few years.
-
NewsCathay reports record annual profit as full recovery pushed back to 2025
Cathay Pacific Group swung to a full-year net profit in 2023 – for the first time in four years – as it pushes back its full recovery forecast and flags a normalisation of yields and “ongoing” manpower and supply chain headwinds.
-
NewsJet Airways revival back on track after top tribunal green-lights ownership transfer
Jet Airways has cleared a significant hurdle in its long-running revival plan, after an appellate tribunal approved the transfer of ownership to the Jalan-Kalrock Consortium, which must be completed within 90 days.
-
NewsChina Airlines sells batch of five 747-400Fs to two cargo operators
Taiwanese carrier China Airlines has disclosed an agreement to sell five Boeing 747 freighters to two operators.