News from FlightGlobal – Page 115
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NewsVolaris squeezes out $33m first-quarter profit despite capacity cut due to GTF groundings
Mexican ultra-low-cost carrier Volaris has disclosed a first-quarter profit of $33 million – its first since 2019 – as the company kept a sharp eye on costs and despite the hit to capacity caused by the enforced grounding of Pratt & Whitney geared turbofan (GTF)-powered aircraft.
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NewsAsia-Pacific carriers strengthen codeshares, Auckland’s China network grows
Star Alliance partners Air India and All Nippon Airways have entered a codeshare agreement covering the two carriers’ networks.
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NewsHarbour Air plans to buy 50 Magnix propulsion systems for envisioned all-electric fleet
Canadian seaplane operator Harbour Air has signalled its intention to purchase 50 electric propulsion systems from US developer Magnix, a move supporting the airline’s goal of creating a fleet of all-electric De Havilland Canada aircraft.
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NewsJetBlue continues C-suite overhaul with Daniel Shurz leading revenue and network planning
US carrier JetBlue Airways continues building a new management team under the helm of recently installed chief executive Joanna Geraghty.
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NewsInvoluntary captain’s seat shift preceded LATAM 787 in-flight upset
Chilean investigators have determined that an involuntary forward shift of the captain’s seat preceded the in-flight upset involving a LATAM Airlines Boeing 787-9 last month. The aircraft had been cruising at 41,000ft en route to Auckland from Sydney on 11 March. It experienced a “sudden unintentional” loss of altitude, says ...
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NewsDrone incursions stopped Frankfurt airport traffic twice in 2023
Fraport, the operator of Frankfurt airport, one of continental Europe’s busiest, says that air traffic had to be completely halted on two days in 2023 due to drone incursions around the airfield.
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NewsAir New Zealand cuts profit forecast again, citing stiff competition and weak demand
Air New Zealand trimmed its full-year earnings forecast for a second time, as it flags increased competition on its North American network and softening domestic travel demand.
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NewsEmirates vows to improve after Clark admits storm response ‘far from perfect’
Middle Eastern carrier Emirates has restored its flight schedules, after four days of disruption caused by thunderstorms and torrential rain in Dubai.
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NewsBlaze consumes A330 stored at Spain's Ciudad Real airport
Spanish firefighters have extinguished a blaze which destroyed a dormant Airbus A330 parked at Ciudad Real airport. The Ciudad Real fire and rescue service, SCIS, states that the aircraft “was being scrapped”. It says that it cordoned off the affected area while firefighting and emergency personnel from Ciudad Real, as ...
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NewsChina’s ‘Big Three’ expected to post first-quarter profits: HSBC report
A HSBC Global Research report has outlined the possibility of China’s three largest carriers turning profitable in first quarter of the year, on the back of record traffic results.
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NewsAlaska lost $132 million in Q1 amid 737 Max 9 grounding
The financial impact of grounding its 65 Boeing 737 Max 9s in January pushed Alaska Air Group to a $132 million loss in the first quarter of 2024.
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NewsNorse Atlantic further diversifies by unveiling South African route
Long-haul budget carrier Norse Atlantic Airways is opening services to the South African city of Cape Town from London Gatwick later this year. It will start operating the route on 28 October, ahead of the southern hemisphere summer. Norse, which exclusively uses Boeing 787s, says it will serve Cape Town ...
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NewsEasyJet narrows first-half losses
UK low-cost carrier EasyJet expects to post a pre-tax headline loss of between £340-360 million ($423-448 million) for the six months ended March 2024.
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NewsConsumers sue to block Alaska’s proposed acquisition of Hawaiian
A group of US consumers have filed a lawsuit in a federal district court to block on anticompetitive grounds Alaska Airlines’ proposed $1.9 billion acquisition of rival West Coast carrier Hawaiian Airlines.
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NewsAegean to configure four A321neos for longer-range operations
Greek carrier Aegean Airlines is to take four Airbus A321neos configured for extended-range operations as it targets markets in Africa, Asia and the Middle East.
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NewsAlaska Airlines executes brief nationwide ground stop due to ‘abundance of caution’
US carrier Alaska Airlines requested and was granted by the Federal Aviation Administration a nationwide ground-stop that lasted for about 1h on the morning of 17 April.
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NewsIsrair Group restores fleet capacity to pre-conflict levels
Six months after the Israeli-Gaza conflict began, leisure carrier Israir Group has restored its fleet to pre-war levels. The airline says it will have nine single-aisle aircraft available, 192 days since the outbreak of the conflict in October 2023. With this level of capacity, it adds, it will be able ...
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NewsEuroAtlantic seeks to expand fleet as it secures funding commitment from shareholder
Portuguese wet-lease specialist EuroAtlantic Airways has secured a commitment for additional funding from its controlling shareholder, Njord I-Jet, as it looks to expand its fleet under a new management team. Njord I-Jet’s commitment illustrates its “confidence” in the “positive outlook” for the business, says the Lisbon-based carrier. The quantity of ...
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NewsVinci agrees deal to take majority stake in Edinburgh airport
French airports operator Vinci has agreed a £1.27 billion ($1.58 billion) deal to take a 50.01% stake in Edinburgh airport from Global Infrastructure Partners (GIP), expanding its presence in the UK.
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NewsRussia’s Smartavia shuffles senior leadership again
Russian carrier Smartavia has named Sergei Lazarev as its new chief executive, the fourth individual to hold the post in the space of about two years. Smartavia says Lazarev has been with the airline since March 2021. He was previously serving as first deputy general director for production at the ...