Latest Airlines news – Page 99
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NewsUzbek start-up Air Samarkand begins building Airbus fleet with initial A330
Uzbekistan-based start-up Air Samarkand is set to open services from the city whose name it bears by the end of this year. The new airline intends to operate Airbus flights from Samarkand to cities in Turkey, Vietnam, China, Malaysia and Indonesia. Samarkand is the second-largest city in Uzbekistan after the ...
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NewsNorwegian cautiously positive on booking trends after strong summer
Scandinavian low-cost carrier Norwegian has reported “encouraging” booking trends through to the end of the year, after it achieved its second-highest-ever operating profit during the third quarter.
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NewsRoyal Air Maroc aims for quick decision on ambitious fleet expansion
Royal Air Maroc is expecting to issue a request for proposals relating to a large fleet expansion by the end of this year. Speaking during the Arab Air Carriers Organization conference in Riyadh, the Moroccan flag-carrier’s chief executive, Abdelhamid Addou, said the airline was looking to expand the fleet to ...
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NewsTurkish Airlines lifts Q3 profits by one quarter
Turkish Airlines’ profits climbed by around one quarter for the three months ended 30 September as improving passenger revenues outweighed a drop in cargo turnover during the period.
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NewsLufthansa sticks to full-year outlook after Q3 profits climb to €1.5bn
Lufthansa Group is sticking to its full-year profit expectations despite rising fuel costs, after posting a third quarter operating profit of €1.47 billion ($1.55 billion) on continued strong demand.
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NewsGulf carrier acquisition of Royal Jordanian would ‘make sense’: chief executive
Royal Jordanian chief executive Samer Majali believes the airline is an ideal candidate for acquisition by a larger Gulf-based operator, given its location and capabilities. Speaking to FlightGlobal at the Arab Air Carriers Organization conference in Riyadh, Majali said a strategic investor would obtain an alternative hub – away from ...
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NewsAsiana board okays cargo unit sale to help smooth Korean merger
Asiana Airlines is set to divest its cargo unit, ending an impasse on acquisition plans from compatriot Korean Air, and paving the way for possible European regulatory approval for the impending merger.
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NewsChina’s ‘Big Three’ to see record profits in 2024: HSBC
While China’s three largest carriers are set to remain loss-making for 2023, a HSBC Global Research report predicts “record” profits in 2024 with the easing of several challenges such as overcapacity.
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NewsNorse Atlantic aims to shore up liquidity as it turns in profitable third quarter
Scandinavian long-haul operator Norse Atlantic Airways is looking at additional financing to support the company through the winter season, while also embarking on a strategic review to explore opportunities with industrial players. Norse Atlantic says it is considering supplementary fundraising of up to $45 million to “improve liquidity” through the ...
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NewsQatar Airways doubles first-half profit
Qatar Airways more than doubled net profits for the six months ended 30 September 2023, driven by increased yields and load factors.
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NewsRoyal Jordanian chief dismayed as Israel-Gaza conflict threatens profitability
Royal Jordanian believes disruption from the Israeli-Gaza conflict will badly affect fourth-quarter performance and set back the airline’s efforts to return to profitability this year. The carrier made profits at the nine-month point, said chief executive Samer Majali, speaking to FlightGlobal during the Arab Air Carriers Organization conference in Riyadh. ...
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NewsGrounded MYAirline in talks with investors to reboot operations
Grounded Malaysian low-cost carrier MYAirline is in discussions with investors about shoring up its funding with the aim of resuming operations.
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NewsAir Niugini firms up plans for 11 A220s
Papua New Guinea carrier Air Niugini has formalised its commitments for 11 Airbus A220s, including a direct order with the airframer for six examples.
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NewsAACO carriers to pilot SITA sustainability and digital-identity initiatives
Three airline members of the Arab Air Carriers Organization are to participate in pilot projects focused on sustainability management and digital identity, under a co-operation agreement with SITA. The agreement covering trials of the two technology solutions, which will take place over the next few months, was unveiled at the ...
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NewsSaudia seeking ‘quick fixes’ to ease supply-chain impact on fleet: chief
Saudi Arabian operator Saudia Group’s chief says the airline is working to obtain “quick fixes” – though not necessarily permanent resolutions – to address the supply-chain impact on its fleet. Speaking during a briefing at the Arab Air Carriers Organization conference in Riyadh, director general Ibrahim Al-Omar said the company ...
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NewsKuwait Airways weighs long-haul freighter options as it seeks to build cargo division
Kuwait Airways is weighing the Boeing 777F and the Airbus A350F as it looks to enhance its cargo division, a strategy through which it expects to acquire a fleet of dedicated freighters. Newly-appointed chairman Abdulmohsen Alfagaan, speaking to FlightGlobal at the Arab Air Carriers Organization conference in Riyadh, stressed the ...
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NewsJAL posts half-year profit as recovery surpasses expectations
Japan Airlines returned to profitability in its half-year earnings, as international passenger revenues soared past pre-pandemic levels.
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NewsStrong international demand propels ANA to record operating profit
All Nippon Airways parent company ANA Holdings saw its operating profit more than quadruple to Y130 billion ($865 million) for the six months ended 30 September owing to strong international and domestic passenger growth.
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NewsAsia-Pacific cargo demand picks up in September following months of decline
Asia-Pacific carriers in September reported an upswing in air cargo demand for the first time in 2023 – following more than a year of declines – as passenger demand continues to hold strong.
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NewsAsiana cargo unit sale decision delayed, dealing blow to merger plans
Asiana Airlines has failed to come to a decision on whether to divest its cargo unit – a crucial factor in winning regulatory approval for a merger with compatriot Korean Air – adding uncertainty to the drawn-out acquisition process.