News from FlightGlobal – Page 158
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NewsMiddle East air transport recovery faster than expected: Boeing regional sales chief
Middle Eastern air transport activity has recovered more sharply than expected post-pandemic, Boeing’s sales chief for the region believes, with Saudi Arabia becoming a particular focal point. Boeing’s latest commercial market outlook shows demand for 3,025 aircraft in the Middle East over the next 20 years. This figure includes 1,350 ...
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NewsNorse Atlantic expands share offering after strong investor demand
Norse Atlantic Airways is looking to issue another 9.1 million shares to investors, following the successful completion of a private share placement which raised gross proceeds of NKr613 million ($55 million) – higher than the NKr501 million originally sought. The private placement – aimed at shoring up liquidity for the ...
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NewsUS government approves US airlines’ complaints about Amsterdam capacity cuts
The US government has approved complaints by JetBlue Airways and trade group Airlines for America against the government of the Netherlands and European Union for alleged violations related to capacity cuts at Amsterdam Schiphol airport.
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NewsIndiGo ramps up mitigation measures as GTF groundings grow
IndiGo is maintaining its full-year capacity guidance as it intensifies mitigation measures in response to news that more of its Pratt & Whitney geared turbofan (GTF)-powered aircraft will be grounded in the coming months.
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NewsKuwait Airways seeks profitability but near-term privatisation unlikely: chairman
Kuwait Airways’ new chairman is not expecting any near-term revival of plans to privatise the airline, indicating it will remain a government-owned operator. Potential privatisation has been a drawn-out saga, dating back more than 15 years. The initiative to sell a large shareholding would intermittently gain momentum, only to be ...
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NewsTitan A321neo lost windows in flight after thermal damage from high-power floodlights
Investigators believe intense heat from film floodlights concentrated on the exterior of an Airbus A321neo caused the aircraft’s windows to suffer thermal damage, before a number of window panes fell from the jet during a flight from London Stansted. The Titan Airways aircraft had been conducting a positioning service to ...
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NewsIndiGo overcomes seasonal weakness to report profitable second quarter
IndiGo recorded a positive result in its seasonally weakest July-September period for the first time in five years, extending its profitable run to four quarters
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NewsAll Lufthansa airlines to be profitable for first time in 2023: Spohr
Improved performance across all its carriers means Lufthansa expects all its airline units to be profitable for the first time this year.
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NewsNorwegian extends 737NG contracts to counter Max delays and tight leasing market
Norwegian is signing lease extensions for some of its Boeing 737-800s amid delays in the delivery of 737 Max 8 jets and a tightening market for leased aircraft caused by groundings related to Pratt & Whitney geared turbofans
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NewsTurkish turns to lessors to meet short-term fleet requirements
Turkish Airlines is turning to the lessor market to ensure its growth plans remain on track amid delays in finalising its major fleet order and aircraft availability.
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NewsEmirates SkyCargo rides Asia-Pacific e-commerce boom as it awaits more capacity
Emirates SkyCargo is seeing strong e-commerce demand in the Asia-Pacific region, and is optimistic about the cargo volume offered by its future fleet of converted Boeing 777-300ER freighters.
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NewsQantas faces shareholder ire at AGM, acknowledges ‘substantial’ loss of trust
Qantas shareholders have overwhelmingly voted against the airline’s proposed executive remuneration plan, dealing the embattled national carrier another blow amid a challenging year.
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NewsAirAsia X re-attempts bid to shed financially distressed status
AirAsia X is to appeal against the Malaysian stock exchange’s decision to reject its bid to shed its financially distressed status, reiterating the “significant improvements” in operations in recent months.
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NewsUS NTSB to hold pilot mental health forum in December
The US National Transportation Safety Board (NTSB) will hold a roundtable discussion on pilot mental health after several recent incidents have come to light in which pilots apparently suffered mental breakdowns.
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NewsCanada’s Flair Airlines plans to step up flying to USA in 2024
Canadian discount carrier Flair Airlines’ summer schedule for 2024 includes twice as much flying to the USA and new routes to Quebec City and Guadalajara, Mexico.
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NewsAllegiant loses $25m in third quarter amid ‘modest demand decline’
Allegiant Travel Company posted a $25.1 million loss during a third quarter that increasingly appears to have been a slow period for US low-cost carriers.
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NewsAllegiant’s first 737 Max delivery pushed to 2024
US-based ultra-low-cost carrier Allegiant Air reports that delivery of its first Boeing 737 Max has been delayed until next year.
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NewsNorwegian cuts weight of on-order Max jets as it ‘pushes hard’ on costs
Scandinavian low-cost carrier Norwegian is working on raft of measures to offset the impact of the high-cost environment, including through the removal of certain “add-ons” from its incoming Boeing 737 Max jets.
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NewsLufthansa sees no impact on 2024 capacity despite GTF issue grounding 20 aircraft each day
Lufthansa Group expects to ground 20 aircraft each day during 2024 because of continuing issues with Pratt & Whitney geared-turbofan (GTF) engines, but chief executive Carsten Spohr believes the mitigation measures it has in place mean capacity plans will not be impacted.
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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 ...