News from FlightGlobal – Page 233
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NewsQantas picks former Air NZ executive as international chief in reshuffle
Qantas has appointed former Air New Zealand revenue chief Cam Wallace to lead its international unit from July, as part of a wider senior management shake-up and as the airline sees continued recovery across its network.
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NewsPacific carriers to embrace flexibility, fuel savings of new types: Airbus
Airlines in the Pacific region will increasingly value the flexibility of aircraft that can perform both short-haul and long-haul missions, with Airbus forecasting the region to require 920 aircraft over the next two decades.
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NewsThai to expand fleet as airline swings to small net loss in 2022
Thai Airways International will return to service two Boeing 777-200ERs, as well as lease two Airbus A350s, as part of a fleet expansion plan amid “continued growth” in travel demand.
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NewsAlliance to acquire 30 E190s following Qantas wet-lease boost
Australia’s Alliance Aviation is to acquire 30 Embraer E190s through a sale-and-purchase arrangement with Irish lessor AerCap, with first deliveries starting in September.
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NewsPilot shortage will erode US discounters’ low-cost edge: United executive
A shortage of pilots will increasingly erode the cost advantages long enjoyed by US discount airlines while improving the competitive position of giants like United Airlines.
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NewsOliver Wyman slashes 10-year fleet forecast amid production and labour issues
Three years have passed since Covid-19 flattened air travel, and the global fleet of commercial jets has still not quite recovered to pre-pandemic levels.
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NewsSmartLynx lands Australian approval for A330 operations
Latvian wet-lease specialist SmartLynx has secured authorisation to conduct operations from Australia, where is intends initially to use Airbus A330s. The company says it has received an Australian foreign air transport operator certificate. SmartLynx says operating flights to Australia has been “integral” to its strategic effort to extend its network ...
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NewsState funds to tackle historic debts as SAA covering operating costs
South African Airways (SAA) has flagged that it is now covering its operating costs after the country’s finance ministry set aside R1 billion ($55 million) to deal with a portion of its historic debts.
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NewsBritish Airways chief upbeat on summer as recruitment drive set to tail off
British Airways chief executive Sean Doyle believes the UK carrier will have sufficient staff to meet demand this summer in contrast to the challenges the industry faced ramping up a year ago.
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NewsIAG chief expects Spanish acquisition, with greater market ‘certainty’ supporting Air Europa deal
IAG group chief executive Luis Gallego sees “more certainty” in the market as providing greater hope that it can complete a deal for Air Europa after a previous acquisition attempt collapsed in late 2021.
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NewsSpanish carriers lead IAG profit return in 2022
All four of IAG’s major airlines returned to the black in 2022, a year in which its Spanish carriers Iberia and Vueling came closest to matching pre-pandemic operating profitability.
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NewsBluebird 737 freighter destabilised by ballast shift during Paris approach
Investigators are probing an apparent ballast shift on board a Bluebird Nordic Boeing 737-400SF during its descent towards Paris Charles de Gaulle. The incident involving the Icelandic-registered freighter occurred on 10 February, according to French investigation authority BEA, which is citing preliminary information from its Icelandic counterpart. BEA says the ...
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NewsOptimistic SAS lifts long-term financial forecast over strong demand
Scandinavian carrier SAS is reviewing long-term financial projections for 2024-26, with preliminary indications that stronger-than-expected demand will generate higher revenues and earnings towards the end of this period. SAS had previously estimated revenues of SKr49 billion ($4.7 billion) for 2026 but believes this figure will be greater, while it is ...
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NewsIAG agrees deal to acquire full control of Air Europa
Iberia parent IAG has agreed a deal with Air Europa owner Globalia to acquire the remaining 80% of the Spanish carrier in a transaction it expects to take 18 months to clear regulatory approvals.
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NewsBangkok Airways slashes full-year loss on Thai tourism recovery
Bangkok Airways narrowed its operating loss for 2022, as revenues doubled on the back of significant growth in passenger numbers.
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NewsAmerican’s Smith will succeed Parker as chairman of the board
American Airlines has named current board member Greg Smith as its new chairman, succeeding Doug Parker, who is retiring.
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NewsAvelo targets three more underserved US airports for nonstop service
Discount start-up Avelo Airlines is planning a springtime expansion of its national network with three new destinations in Colorado, Texas and Virginia, bringing the total number of cities it serves to 35.
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NewsAir Canada and United to offer more than 260 daily transborder flights from June
Star Alliance partners Air Canada and United Airlines are upping their offering between the USA and Canada during the upcoming Northern Hemisphere summer travel season.
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NewsOmani government to permit Israeli overflights: ministry
Oman has become the latest Middle Eastern state to allow transit of Israeli aircraft, a decision which will enable a reduction in flight times for carriers operating Asian routes to and from Tel Aviv. The opening of Omani airspace follows several months of discussions between the two sides, and comes ...
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NewsQantas reveals ‘Project Sunrise’ premium cabin products
Qantas has unveiled first and business class cabin product concepts for its Airbus A350-1000s, which will operate the ultra-long-haul ‘Project Sunrise’ flights from Australia’s east coast to New York and London.