News from FlightGlobal – Page 100
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NewsAsia-Pacific airline profit margins ‘under pressure’ despite ‘encouraging’ demand
The Association of Asia Pacific Airlines (AAPA) warns that airline profit margins in the region will remain “under pressure” in the near-term, amid a strong US Dollar and higher jet fuel prices.
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News‘Sporadic, delayed’ funding doomed Bonza, administrator’s report finds
Bankrupt Australian carrier Bonza received funding from parent company 777 Partners “sporadically” even as it racked up significant losses in its first year of operations, the firm’s administrators have disclosed.
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NewsWestJet’s network faces another strike threat ahead of busy travel weekend
A potential maintenance workers’ strike is again threatening to disrupt WestJet’s operations less a week after one was called off and union negotiations resumed.
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NewsSlow-to-pivot Southwest lowers second-quarter revenue outlook
Major US carrier Southwest Airlines lowered its revenue outlook for the second quarter on 26 June as it seemingly acknowledged that it did not react to the current demand environment quickly enough.
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NewsUS Independence Day travel expected to break records
US commercial airlines and the Federal Aviation Administration are preparing for the upcoming Independence Day holiday travel period, which is expected to break records.
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NewsAir Serbia to launch second Chinese route
Air Serbia is to begin twice-weekly flights to Guangzhou Baiyun airport – the carrier’s second Chinese long-haul route.
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NewsBreeze closing in on international debut
Breeze Airways, the three-year-old airline started by serial entrepreneur David Neeleman, has received initial approval to start international service.
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NewsVietnam’s Pacific Airlines rebooted as full-service carrier
Vietnam Airlines has rebooted its Pacific Airlines unit following three months of inactivity and extensive restructuring.
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NewsFedEx Express ‘permanently’ retires 22 Boeing 757s amid softening demand
FedEx retired 22 of its Boeing 757-200s during its fiscal fourth quarter as part of an ongoing fleet modernisation plan.
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NewsAmerican Airlines pauses hiring new pilots through November
American Airlines is pumping the brakes on hiring new pilots in the second half of this year as it considers capacity changes across its network.
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NewsVolotea and Abra sign JV with eye on Air Europa remedies at Madrid
Spanish low-cost carrier Volotea and Avianca parent company Abra Group have signed a joint-venture agreement to act as a “remedy taker” should IAG complete its acquisition of Air Europa.
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NewsQantas picks Dash 8-400s for turboprop renewal
Qantas will acquire 14 more mid-life De Havilland Canada Dash 8-400 turboprops as part of fleet renewal efforts that will see its older Q200 and Q300 aircraft retired.
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NewsAllegiant Air to close crew base in Austin
US discounter Allegiant Air will close its crew base at Austin-Bergstrom International airport early next year due to the planned closure of the Central Texas hub’s South Terminal.
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NewsUral Airlines and Russian airports operator feature in latest EU sanctions list
Several Russian air transport companies including Ural Airlines and the airports operator Novaport have been newly included in a revised European Union list of sanctioned enterprises.
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NewsLufthansa City Airlines poised for launch
Lufthansa Group’s latest carrier Lufthansa City Airlines will launch flights on 26 June using an Airbus A320neo on the Munich-Birmingham route.
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NewsRoyal Air Maroc chartering several aircraft to hike summer capacity
Royal Air Maroc is reinforcing its capacity for the summer season with plans to charter seven aircraft from international operators. The Oneworld member carrier says it will offer around 5% more seats, across a network of over 90 destinations, compared with last year. Chief executive Abdelhamid Addou says the airline ...
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NewsVietnam Airlines aims for breakeven in 2024
Vietnam Airlines hopes to balance its revenue and expenditure in 2024 but faces a range of tough challenges.
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NewsAzerbaijan Airlines to lease two more A320neos
Azerbaijan Airlines is to receive another pair of Airbus A320neo twinjets next year through a lease agreement.
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NewsSIA to beef up Beijing operations with Daxing launch
Singapore Airlines will launch daily flights to Beijing’s Daxing airport from 11 November – the first new point in its Chinese network since the easing of pandemic restrictions.
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NewsNorse Atlantic talks with potential strategic investor end without deal
Scandinavian long-haul carrier Norse Atlantic Airways has ended talks with a potential strategic investor, without reaching an agreement.