News from FlightGlobal – Page 132
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NewsJetBlue reveals 9.9% shareholding acquired by entrepreneur Icahn
US operator JetBlue Airways has disclosed that entrepreneur Carl Icahn has picked up a 9.91% shareholding in the budget carrier.
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NewsIsrair Group halts Smartwings acquisition talks with Chinese shareholder
Israir Group’s efforts to take control of Czech carrier Smartwings have encountered difficulties after the Israeli operator stopped negotiations with the Chinese shareholder.
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NewsWizz Air to open second flight-training centre
Central European budget carrier Wizz Air is to open a second flight-training centre, to be located at Italy’s Rome Fiumicino airport.
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NewsMexican start-up Awesome Cargo eyes expanded international flights
Mexican start-up carrier Awesome Cargo is requesting authority to expand its Airbus A330 operations to the USA.
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NewsGabonese transition government plans air transport holding company
Gabon’s transitional government has presented a draft decree to create a holding company for air transport, which will acquire interests in national and international activities. The transitional government – in place since a military coup last year – set out the plan, under the economy ministry, during a council of ...
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NewsNorse Atlantic regulates summer 787 capacity as it prolongs subleases
Scandinavian long-haul budget carrier Norse Atlantic Airways is to extend subleases on four Boeing 787s in its fleet. Three of its 787-8s will have their sublease prolonged by up to a year. These aircraft will return to the Norse operation between the end of March and end of May 2025, ...
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NewsDelta asks US to reconsider decision to break up joint venture with Aeromexico
Delta Air Lines is urging the US government to reverse a January order requiring it and Aeromexico wind down their joint venture, saying the airlines played no part in a decision based on a treaty dispute.
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NewsGear collapse during landing badly damages MD-82 in South Sudan
South Sudanese media are reporting that a Boeing MD-82 has been substantially damaged during a landing accident at the country’s northern Malakal airport on 9 February. Images circulating on social media show the MD-82, in the livery of Kenyan operator African Express Airways, came to rest on the runway having ...
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NewsUS-Bangla prepares for long-haul expansion as first A330 arrives
Bangladeshi carrier US-Bangla Airlines has shown off its first Airbus A330, having disclosed last year that it would be stepping up to widebody operations.
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NewsITA Airways on growth path as EU scrutinises Lufthansa deal
ITA Airways plans to offer summer capacity some 24% higher year on year, with a particular focus on international expansion, as it awaits the European Commission’s ruling on a potential investment from Lufthansa Group.
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NewsSAS chief looks to SkyTeam gains to outweigh ‘emotionally difficult’ Star Alliance exit
The chief executive of Scandinavian carrier SAS, Anko van der Werff, acknowledges that leaving Star Alliance – which it co-founded – is an emotionally difficult decision, but believes the potential for tighter co-operation with partners within SkyTeam provides greater opportunities.
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NewsAir Astana valued at $847m ahead of stock market launch
Kazakh carrier Air Astana has finalised the share offer price for its forthcoming stock market listings, giving an implied company valuation of $847 million.
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NewsSkymark sees nine-month profits, revenue rise
Japanese carrier Skymark Airlines has seen strong profit and revenue growth in the first nine months of its 2023 financial year.
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NewsAustralia’s Alliance sees half-year profit triple as wet-lease contracts grow
Charter operator Alliance Aviation recorded a three-fold jump its half-year profit, helped by a sharp rise in contracted wet-lease activities.
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NewsSenate committee rejects raising mandatory US pilot retirement age
A US Senate committee has voted down a measure in the Federal Aviation Administration’s five-year spending reauthorisation bill that would have raised the mandatory pilot retirement age from 65 to 67 years old.
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NewsPorter Airlines names Rob Palmer new finance chief
The Toronto-headquartered carrier said Palmer had joined the company as of 7 February, after most recently working as CFO of the Calgary Airport Authority.
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NewsSpirit pushes back on ‘misguided narrative’ about stability without JetBlue
Spirit Airlines executives maintain that the company has the financial resources necessary to succeed in the absence of a tie-up with JetBlue Airways.
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NewsSpirit Airlines lowers Q1 capacity expectations on GTF engine woes
Spirit Airlines has reduced its capacity forecast for the first quarter as the scope of its Pratt & Whitney geared turbofan (GTF) engine issues come into focus.
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NewsCopa forecasts healthy Latin American air-travel demand through 2024
Copa Airlines expects the robust travel demand and profits it saw last year to continue through 2024, even as its growth takes a hit from the Boeing 737 Max 9 grounding.
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NewsCopa Airlines seeks ‘fair’ compensation from Boeing for Max 9 grounding
Copa Airlines executives say they are seeking “full and fair” compensation from Boeing for the three-week grounding of the 737 Max 9 in January.