News from FlightGlobal – Page 252
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NewsHong Kong Airlines wins court approvals for HK$49 billion debt restructuring
Courts have approved a major restructuring plan for embattled carrier Hong Kong Airlines, which will see its fleet reduced to 20 aircraft from 53.
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NewsUnited plots 757 replacements with Boeing’s ‘NMA’ off the table
United Airlines faces an imperfect fleet trade off in the coming years due to lack of new-production aircraft with capabilities comparable to the airline’s ageing Boeing 757-300s.
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NewsUnited Airlines expects to carry 8.3m customers over the end-of-year holiday period
United Airlines expects to transport 8.3 million passengers during the end-of-year holiday travel season, almost 2 million more passenger than last year.
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NewsDelta targets nearly $46bn in 2022 revenue, predicts sustained growth
Delta Air Lines says it expects to reach $45.5-45.6 billion in revenue in 2022, almost as much as it earned in 2019, and raise that figure by 15-20% in 2023 as the carrier predicts a strong and long-lasting post-Covid-19 recovery.
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NewsLufthansa inches closer to pre-pandemic capacity with new short-haul flights
Lufthansa expects to reach 87% of its pre-crisis flights out of Frankfurt and Munich next summer after unveiling a flying programme featuring seven new routes including Belfast.
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NewsCyprus Airways looks to bring in A320neos mid-decade
Cyprus Airways is aiming to modernise its fleet with Airbus A320neos, and take the number of aircraft it operates to 11 by 2026. The carrier has outlined a strategic plan under which it will conduct services with four A320s next year – doubling its capacity from the current two – ...
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NewsHong Kong travel opening lifts Cathay November traffic
Cathay Pacific saw strong traffic growth in November on the back of Hong Kong’s continued opening as it emerges from the coronavirus pandemic.
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NewsCapital A’s Teleport secures $50 million to fund A321F acquisitions
Capital A’s Teleport logistics unit has raised $50 million to help finance new cargo aircraft, and to build out its cargo infrastructure.
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NewsHong Kong eases travel requirements in boost for air travel
Hong Kong has further eased coronavirus prevention rules for passengers arriving in the city, although it still has extensive coronavirus testing requirements.
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NewsAir New Zealand reveals four partners for low-emission aircraft trials
Air New Zealand has selected four aircraft providers – Beta Technologies, Cranfield Aerospace Solutions, Eviation, and VoltAero – for its Mission NextGen programme, which will see the carrier perform commercial demonstration flights of low-emission aircraft from 2026.
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NewsAmerican names May to succeed Kerr as chief financial officer
Long-standing American Airlines chief financial officer Derek Kerr is to step down from 1 January and will be succeeded in the role by Devon May.
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NewsUnited hands Boeing order for 100 787 Dreamliners and 100 737 Max
United Airlines has ordered 100 Boeing 787 Dreamliners, and taken options to purchase 100 more, in what it calls the largest-ever widebody aircraft by a US carrier.
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NewsStrong end to 2022 prompts Lufthansa Group to raise full-year profit forecast
Lufthansa Group has raised its full-year operating profit forecast to around €1.5 billion ($1.6 billion), as the final months of 2022 exceed expectations.
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NewsSwiss to replace Airbus A340s with A350s from 2025
Lufthansa Group carrier Swiss International Air Lines will take five Airbus A350-900 aircraft into its fleet from 2025, which are slated to replace its ageing A340-300 fleet on long-haul routes.
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NewsViolent protests halt airport operations in Arequipa
Violent protesters have overrun the airport in Arequipa, Peru, causing the airport’s operator to close the terminal and airlines to cancel flights.
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NewsFinnair extends repayment of €600m loan amid business restructuring
Finnair has extended the period over which it will repay a largely state-guaranteed loan, as it seeks to shore-up its financial position amid the impact of its exclusion from Russian airspace.
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NewsRyanair to pay compensation for 2018 strikes after dropping appeal
Ryanair is to offer compensation to passengers affected by a pilot strike four years ago, after dropping plans to take a rejected appeal to the UK Supreme Court. The budget airline, having chosen to recognise trade unions for pilots and cabin crew, suffered a series of industrial actions in 2018, ...
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NewsAirAsia Cambodia to be country’s largest carrier: Capital A
Malaysia’s Capital A has outlined the rationale and vision for its new Southeast Asian joint venture carrier, AirAsia Cambodia.
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NewsStar Alliance chief Goh set to head Gulf Air holding company
Star Alliance chief Jeffrey Goh is to take up a position heading the Middle East’s Gulf Air Group Holding, which oversees Gulf Air and its associated companies. Goh will become the chief of the Bahraini group from 1 January. He had indicated earlier this year that he planned to step ...
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NewsJetBlue CEO Robin Hayes gets two-year contract extension
JetBlue Airways chief executive Robin Hayes has received a two-year extension on his employment contract, the airline disclosed in a 9 December filing with the US Securities and Exchange Commission (SEC).