News from FlightGlobal – Page 211
-
NewsZipair, IndiGo add to Southeast Asia networks; Jetstar Asia returns to China
Asia-Pacific low-cost carriers (LCCs) have continued to boost their route networks in recent days, including Zipair Tokyo’s launch of a Manila service and Greater Bay Airlines’ inauguration of a new Osaka route.
-
NewsTwo dozen Go First aircraft subject to lessors’ de-registration requests
Nearly two dozen Airbus single-aisle jets operated by troubled Indian carrier Go First have become the subject of de-registration requests by lessors. Twenty-three aircraft have been listed by the Indian civil aviation regulator DGCA as having de-registration requests submitted as of 4 May. These requests cover 19 leased A320neo and ...
-
NewsAir France-KLM keeping partner options open for Latin market
Air France-KLM is still studying long-term partnership options in both Europe and South America to bolster its position in the Latin American market.
-
NewsCebu Pacific swings to first profit since pandemic
Cebu Pacific returned to the black in its first quarter earnings, helped by a strong rebound in passenger revenues, as it anticipates returning to pre-pandemic international capacity by end-June.
-
NewsIAG reports Q1 operating profit as leisure demand gives it summer confidence
British Airways and Iberia parent IAG saw stronger-than-expected performances from all of its airlines in the first quarter of 2023, as buoyant leisure demand helped the European group to achieve a small operating profit during what is a seasonally weak three months.
-
NewsOneworld chief Gurney to step down
Oneworld chief executive Rob Gurney is to step down from his role at the helm of the alliance’s central management team this summer.
-
NewsIberia names temporary chief executive
Spanish airline Iberia has named Fernando Candela Perez as its new chairman and chief executive, effective from July through to the end of 2023, following Javier Sanchez-Prieto’s decision to step away from the business.
-
NewsAir France-KLM narrows loss as revenues surge in first quarter
Air France-KLM posted an operating loss of €306 million ($338 million) for the first quarter on revenue 42% higher than the same stage of last year at €6.33 billion.
-
NewsTroubled Go First reportedly owes INR65 billion, as grounding extended
Beleaguered Indian operator Go First has suspended its operations further until 9 May, amid reports that the airline owes creditors over INR65 billion ($796 million).
-
NewsAustralian watchdog blocks Virgin Australia-Alliance partnership renewal
Australia’s competition watchdog has rejected an extension of a charter partnership between Virgin Australia and Alliance Aviation, following a six-month consultation period in which it found low support for a continued alliance.
-
NewsAir Canada raises profit expectations for 2023
Air Canada has raised its earnings expectations for the full year as passenger demand remains strong and jet fuel prices fall.
-
NewsAtlas CEO Dietrich retires; to be replaced by CCO Michael Steen
Atlas Air Worldwide Holdings has said chief commercial officer Michael Steen will succeed retiring CEO John Dietrich next month.
-
NewsMexico plans to launch state-run airline with Mexicana assets
Mexico plans to launch a state-owned airline under the currently-defunct Mexicana de Aviacion brand later this year.
-
NewsSupply-chain hitches ‘no excuse’ for aircraft delivery delays: Air Lease
US lessor Air Lease is not prepared to let airframers blame the supply chain for aircraft delivery delays, with executive chairman Steve Udvar-Hazy insisting that the manufacturers’ problems are “self-inflicted”. Speaking during a first-quarter briefing, Udvar-Hazy said Airbus and Boeing were increasing production rates across their single-aisle and long-haul ranges ...
-
NewsLATAM posts profitable quarter, as passenger revenue jumps
LATAM Airlines Group posted another profitable quarter, driven by a strong rise in passenger revenue, after emerging from bankruptcy protection late last year.
-
NewsJetcraft division acquiring 25 ‘sought-after’ CRJ200s for fleet placement
Aircraft trading specialist Jetcraft Commercial is to acquire 25 Bombardier CRJ200 regional jets, and is placing 10 of them with an undisclosed buyer. The company says the engines for the jets being placed will have separately-sourced engines. CRJ200s are equipped with General Electric CF34 powerplants. The other 15 aircraft involved ...
-
NewsEmirates and Etihad tighten ties with interline aimed at UAE tourism
Middle Eastern carriers Emirates and Etihad Airways are to forge a closer co-operation through an interline agreement giving travellers greater flexibility when flying into and out of the United Arab Emirates. Under the agreement passengers will be able to purchase a single ticket allowing inbound flight to either Dubai or ...
-
NewsFrontier loses $13m in Q1, shifts strategy to peak travel periods
Frontier Airlines is tweaking its network strategy to focus more on peak periods for leisure travel and “reducing under-performing flying”.
-
NewsTurkish Airlines continues post-pandemic profit run in first quarter
Turkish Airlines extended its post-pandemic run of net profits for a seventh consecutive quarter, despite the period being marred by the devastating earthquakes centred in Kahramanmaras.
-
NewsAllegiant reports $56m Q1 profit on strong demand, ancillary revenue
Ultra low-cost carrier Allegiant Air’s leisure-oriented business is humming along smoothly and shows no sign of slowing.