Latest Airlines news – Page 84
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NewsChallenge Group acquires 747-400F to expand Israeli division’s cargo fleet
Logistics specialist Challenge Group’s Israeli division has expanded its fleet with a Boeing 747-400 freighter. The 747-400F had previously been in cargo operation with El Al before being transferred to Air Atlanta Icelandic. Powered by Pratt & Whitney PW4000 engines the freighter (4X-ICK) was originally delivered to Singapore Airlines Cargo ...
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NewsSAS looks to re-introduce A350 previously shed during fleet restructuring
Scandinavian operator SAS is seeking to re-introduce an Airbus A350-900, the lease of which it had previously rejected as part of its fleet restructuring plan.
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NewsBBN Airlines Indonesia prepares to put additional 737s into service
Wet-lease specialist Avia Solutions Group’s newly-established Asian carrier BBN Airlines Indonesia is expanding its fleet with four Boeing 737s. The aircraft comprise three 737-800s for passenger service, and a single 737-400 freighter, which will complement its pair of 737-800 converted freighters. BBN Airlines secured its air operator’s certificate in the ...
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NewsAustrian to swap Embraer jets for wet-leased ATRs on weaker routes
Swedish carrier Braathens Regional Airlines is to conduct wet-leased services on behalf of Lufthansa Group member Austrian Airlines over the course of this summer season.
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NewsUnsecured SAS creditors accepted revised Chapter 11 plan after ‘hard-fought’ discussions
Unsecured creditors of SAS had been dissatisfied with a previous version of the carrier’s US Chapter 11 re-organisation plan, and agreed to the latest revision after “hard-fought” discussions, court filings show.
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NewsRed Wings puts Tu-214 on international routes and plans to re-introduce Tu-204
Russian carrier Red Wings has started deploying its restored Tupolev Tu-214 on international routes, with a service to the Armenian capital Yerevan on 7 February.
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NewsPrice gouging probe says Qantas fare increases stoked 2022 inflation in Australia
A report on price gouging has found that Qantas’s decision to “aggressively” raise fares in 2022 may have caused inflation, and calls on the removal of “unnecessary” competition restrictions in the country’s aviation sector.
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NewsQantas to install split scimitar winglets on 737s in sustainability push
Qantas will install split scimitar winglets on 23 of its Boeing 737-800s, as part of efforts to improve fuel efficiency and lower its emissions.
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NewsAir India taps Recaro for economy, premium economy retrofit
Air India has selected Recaro’s economy and premium-economy seats for its widebody interior retrofit due to commence in the middle of the year.
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NewsA380 start-up Global Airlines stays quiet on advisory board departures
Would-be Airbus A380 operator Global Airlines has seen the departure of two high-profile members from its advisory board.
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NewsYield pressure from Gulf carriers drives down Jazeera full-year profit
Kuwaiti carrier Jazeera Airways’ full-year net profit fell by nearly 70% to KD6.2 million ($20.1 million), as it experienced a substantial decline in yield. Jazeera Airways’ revenues to the end of 2023 reached KD198 million – a rise of 8.8%. But the budget airline says a “sudden and large influx ...
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NewsSouth Korean carriers to report emissions annually under new legislation
South Korean lawmakers have passed a bill mandating the country’s airlines to report their annual carbon emissions, as part of efforts to comply with global standards, and to “systematically” manage emissions.
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NewsHi Fly to operate initial refurbished A380 for Global Airlines
Wet-lease specialist Hi Fly will operate initial Airbus A380 services for start-up Global Airlines, but the company is aiming to secure its own UK air operator’s certificate.
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NewsIcelandair Group expects to turn round loss-making cargo division this year
Icelandair Group is expecting its cargo operation to return an operating profit over the course of this year, after recent poor results.
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NewsSAS puts eventual potential return for unsecured creditors at 20-25%
Scandinavian operator SAS is expecting around $325 million to be allocated to general unsecured creditors – including holders of commercial hybrid bonds in parent company SAS AB – through its US Chapter 11 restructuring process.
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NewsRex extends regional network cuts amid ‘dislocated’ supply chains
Australia’s Regional Express (Rex) has extended capacity cuts on its regional network, blaming “continuing dislocated supply chains” that have “heavily” impacted the availability of aircraft spares.
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NewsJapan Airlines maintains full-year guidance after Y17bn hit from A350 crash
Japan Airlines beat its 2019 revenue and profit performance in the nine months to 31 December 2023, despite international traffic still being down significantly on that pre-Covid year.
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NewsUK start-up Global Airlines starts building fleet with ex-China Southern A380
UK long-haul start-up Global Airlines has disclosed that its initial Airbus A380 is a former China Southern Airlines aircraft currently in storage at California’s Mojave airport.
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NewsIndiGo profitable and growing despite ‘mid-70s’ A320neo jets being grounded
IndiGo delivered another profitable quarter of capacity growth as 2023 ended, despite a significant proportion of its Airbus A320neo-family fleet being grounded.
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NewsIcelandair swings to full-year profit despite impact of volcanic activity
Icelandair Group swung to a full-year net profit of $11 million for 2023, despite volcanic activity contributing to a deeper loss in final three months of the year.