Latest Airlines news – Page 80
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NewsPegasus Airlines’ full-year operating profit slips in 2023
Turkish low-cost carrier Pegasus Airlines posted a full-year operating profit of €489 million ($530 million) in 2023, down around €100 million on the previous year.
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NewsScoot’s initial E2 network to include new points Samui and Sibu
Scoot has disclosed the initial operating network for its fleet of Embraer E190-E2s, as it prepares to take delivery of its first two jets in April.
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NewsLeisure operator Israir Group unveils provisional full-year profit
Israeli leisure operator Israir Group is estimating its full-year net profit at $16-18 million, on revenues of around $391 million. The company has given the preliminary results after disclosing plans in February to purchase an additional Airbus A320. Israir Group states that it has yet to finalise the figures covering ...
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NewsIcelandair opts for PW1100G to power Airbus single-aisle fleet
Icelandair Group has opted for the Pratt & Whitney PW1100G engine to power its fleet of Airbus A320neo-family jets. The operator says the selection covers up to 35 aircraft, including long-range A321LRs and A321XLRs. Icelandair has also chosen a long-term maintenance package, EngineWise, from the manufacturer. The airline is already ...
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NewsFormer Jetstar Asia chief to head Kuwait’s Jazeera Airways
Former Jetstar Asia head Barathan Pasupathi is to return to Kuwaiti budget carrier Jazeera Airways as its new chief executive. Pasupathi is to succeed Rohit Ramachandran who is stepping down from the Middle Eastern operator after seven years. He was formerly Jazeera Airways’ chief financial officer from 2007-10 and played ...
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NewsGlobal Airlines adds former A380 chief engineer to advisory board
Would-be Airbus A380 operator Global Airlines has bolstered its advisory board with the addition of John Roberts, the former chief engineer on the programme.
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NewsAustralia’s Skytrans to step up to Airbus jets after Avia Solutions acquisition
Australian regional operator Skytrans Airlines has ambitions to branch into large jet services with Airbus single-aisle aircraft following its acquisition by wet-lease specialist Avia Soutions Group. Avia Solutions has appointed a new managing director of Skytrans, Gytis Gumuliauskas, after completing the transaction. “Passenger operations will be our main area of ...
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NewsAirAsia eyes new Southeast Asia unit, as Cambodia launch pushed to mid-2024
AirAsia’s Cambodia unit is expected to commence operations in the middle of the year, half a year later than originally planned, as the airline group mulls launching another carrier in the region.
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NewsSouth Korean LCCs swing to first post-pandemic profit
South Korean low-cost operators Jeju Air and T’way Air swung to their first annual profit since the Covid-19 pandemic, helped by strong demand on Japan and Southeast Asia operations.
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NewsClark braced for delayed 777X deliveries to slip into 2026
Emirates may not receive its first Boeing 777X until 2026, the airline’s president Sir Tim Clark has admitted.
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NewsQantas’s first A220s enter commercial service
Qantas’s first pair of Airbus A220-300s have begun commercial flights, kicking off the narrowbody fleet replacement process as the airline looks to take seven more examples by the middle of the year.
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NewsAirAsia, AirAsia X eye more ‘historic highs’ following profitable 2023
AirAsia and its medium-haul sister unit AirAsia X have a positive outlook for 2024, citing factors such as fleet recovery, lower fuels costs, as well as robust international travel demand.
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NewsIAG chief still optimistic over Air Europa deal
IAG chief executive Luis Gallego remains optimistic that the group can secure approval for its long-running attempt to acquire Spanish carrier Air Europa after putting forward further remedies to address European regulator competition concerns over the planned acquisition.
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NewsVueling chief executive to head Iberia
IAG has named Vueling chief executive Marco Sansavini as the new head of Spanish flag carrier Iberia.
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NewsEl Al in talks for more 787s while narrowbody renewal decision nears
Israeli flag-carrier El Al is negotiating with Boeing for the acquisition of three more 787s, with an option for six additional aircraft.
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NewsAir France-KLM hit by disruption costs in loss-making end to profitable 2023
Air France-KLM made a loss in the fourth quarter of 2023, as costs relating to geopolitical developments in the Middle East and Africa contributed to its swing into the red but only slightly dented a positive full-year performance from the group.
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NewsEl Al defies impact of Gaza conflict to post fourth-quarter and full-year profits
Israeli flag-carrier El Al has fended off the impact of the Gaza conflict, posting a full-year pre-tax profit of $125 million, and a net of $117 million, after experiencing a strong fourth quarter. El Al generated full-year revenues of $2.5 billion, a rise of 26%, while operating expenses only increased ...
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NewsIAG almost trebles operating profit in 2023
British Airways and Iberia parent IAG nearly trebled full-year operating profits in 2023 to just over €3.5 billion ($3.8 billion) after lifting revenue 28% during the year.
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NewsAsia-Pacific airlines enjoyed strong January: AAPA
Asia-Pacific airlines had a good start of the year in January, with international passenger and cargo businesses improving year on year.
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NewsAsiana to retire its last passenger 747
Asiana Airlines is to retire its sole Boeing 747-400 by the end of March, marking the end of 747 operations for the South Korean carrier.