Latest Airlines news – Page 81
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NewsIAG secures large e-fuel commitment from US-based firm Twelve
British Airways and Iberia parent IAG has unveiled its largest sustainable aviation fuel purchase so far, with an agreement to take 260 million USgal (984 million litres) of synthetic e-fuel from California-based manufacturer Twelve. The ‘power-to-liquid’ e-fuel – or e-SAF – is generated by combining green hydrogen with carbon dioxide ...
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NewsOliver Wyman cuts 10-year aircraft fleet growth forecast amid industry pressure
The global commercial aircraft fleet and the aircraft maintenance market will grow slower than previously expected over the next decade due to tepid economic growth, regulations, constrained production of new aircraft and a pilot shortage.
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NewsNorwegian refreshes visual identity after more than two decades
Scandinavian budget carrier Norwegian is to start rolling out a refreshed version of its corporate logo, for the first time since the airline emerged more than two decades ago. Norwegian says the new visual identity has a “richer” colour and updated typography. It says it will begin adopting the updated ...
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NewsIsrair Group revives plan to lease additional A320s
Israir Group’s board has approved adding another pair of Airbus A320s to the Israeli airline’s fleet in the second quarter of this year.
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NewsNorse Atlantic claims ‘clear path’ to profitability after first full year of operations
Norse Atlantic Airways has turned in a $135 million operating loss for its first full year since start-up, but insists it sees a “clear path to profitability” year-round. The Scandinavian long-haul budget carrier, which commenced flights in June 2022, made a net loss of $168 million on revenues of $439 ...
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NewsNew Zealand reauthorises Air NZ-SIA partnership
The New Zealand government has approved an extension of a joint venture alliance between national carrier Air New Zealand and Singapore Airlines.
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NewsAir India, Riyadh Air bosses look to win traffic from overseas hubs
The chief executives of Air India and Riyadh Air have underlined their determination to take international long-haul traffic from big overseas hubs.
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NewsNew operator Lufthansa City unveils initial destinations from Munich
Lufthansa Group’s newly-established operator, Lufthansa City Airlines, has identified initial destinations which will feature on the carrier’s network.
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NewsRoyal Jordanian to open two new routes to UK cities
Royal Jordanian Airlines is to open two new services to the UK, operating to London Stansted and Manchester. The flag-carrier already serves London Heathrow with Boeing 787s. But it states that it will fly to a second London airport with a thrice-weekly route to Stansted from 3 March. The airline ...
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NewsThai Airways to take batch of 787s from Air Lease
Thai Airways International is to lease three Boeing 787-9s from US company Air Lease, as part of its fleet-modernisation programme. The Asian operator recently disclosed that it was ordering up to 80 787s, of which 45 were firm. Air Lease says it has reached long-term agreements for three -9s, all ...
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NewsEurope demand strong despite Russian airspace closure: ANA president
All Nippon Airways (ANA) continues to see strong passenger travel demand to and from Europe, overriding the impact that the ongoing Russian airspace closure has on its operations.
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NewsCityJet to wet-lease batch of CRJ1000s to Lufthansa Group
Irish-based regional carrier CityJet is to supply five Bombardier CRJ1000s to Lufthansa under a wet-lease agreement.
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NewsNigerian carrier Air Peace to use Norse wet-lease for Lagos-London service
Nigerian carrier Air Peace is to open a route between Lagos and London Gatwick using aircraft wet-leased from Norse Atlantic Airways.
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NewsAsia-Pacific airline outlook improving, but growth faces challenges: consultancy
A new report from Alton Aviation Consultancy suggests that 2024 will see the fortunes of Asia-Pacific airlines continue to improve, albeit with challenging headwinds.
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NewsPlay seeks further investor engagement as largest shareholders commit to extra funding
Icelandic budget carrier Play is to hold talks with other investors after its largest shareholders subscribed to new shares worth IcKr2.58 billion ($18.7 million). The airline, in early February, stated that it was seeking new share capital of IcKr3-4 billion to reinforce its cash position. It has since secured binding ...
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NewsLoganair names new chief executive
Scottish regional carrier Loganair has appointed Luke Farajallah as its new chief executive following the recent departure of Jonathan Hinkles.
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NewsFinance chief Steenbergen to leave as Lufthansa Group restructures management
Lufthansa Group chief financial officer Remco Steenbergen is to leave the European airline group as part of series of executive changes which also include the appointment for former Airbus and Rolls-Royce executive Grazia Vittadini as its new technology chief.
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NewsLynx Air to cease operations due to high costs and stiff competition
Canadian start-up carrier Lynx Air is ceasing operations on 26 February, citing financial pressure in the highly competitive low-cost segment.
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NewsThai rebounds to net profit in 2023
Thai Airways International swung back to the black in 2023, posting an annual net profit on gains from its debt restructuring, as well as a continued increase in passenger travel revenue.
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NewsAirAsia converts some A321neo orders to longer-range variant
Low-cost operator AirAsia is converting a number of its Airbus A321neo orders into A321LRs, as it prepares to resume new aircraft deliveries from the middle of the year.