News from FlightGlobal – Page 260
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NewsAzul signs for three more A330neos
Brazilian carrier Azul has ordered a further three Rolls-Royce Trent 7000-powered Airbus A330neos taking its fleet of the widebody twin to eight.
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NewsSAS renegotiates leases with Bocomm on a batch of long-haul aircraft
Scandinavian carrier SAS’s restructuring of leasing agreements has advanced further with renegotiated terms covering another lessor. The latest agreement, reached as part of SAS’s US Chapter 11 re-organisation, covers three long-haul aircraft. SAS has concluded the deal with Bocomm, it states. Filings with the US bankruptcy court on 15 November ...
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NewsAir France-KLM to launch €300m offering to further repay state aid
Air France-KLM is to launch a new €300 million ($311 million) offering in a further step to accelerate the repayment of French state aid it received in response to the the Covid crisis.
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NewsSouth Korean low-cost operators narrow Q3 losses as international traffic soars
Three South Korean low-cost airlines cut their red ink in their third-quarter earnings, as passenger traffic continues to recover with the country’s easing of entry restrictions.
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NewsSun Country plans to grow network with 15 new routes in summer 2023
In one of the ultra-low cost carrier’s largest-ever expansions, Sun Country Airlines plans to roll out 15 new nonstop routes next summer from its base in Minneapolis, Minnesota.
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News‘Lucrative time to be an airline pilot’: Three US regional airlines dangle hefty bonuses
With US regional airlines struggling to fill cockpit seats, Envoy Air, Piedmont Airlines and PSA Airlines are each offering $100,000 signing bonuses to attract qualified pilots.
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NewsUK start-up Hans Airways secures fresh financing in push for AOC
UK start-up Hans Airways has completed a new round of financing which it says satisfies the UK Civil Aviation Authority’s requirements for it to secure an air operator certicate (AOC).
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NewsEvia Aero adds to orderbook with CAeS, including for 19-seater
German start-up Evia Aero has topped up its order with Cranfield Aerospace Solutions (CAeS), adding commitments for five more fuel cell conversion kits for the Britten-Norman BN2 Islander – and signing a new deal for a larger follow-on aircraft.
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NewsUnited Airlines Ventures invests in biofuel refinery
United Airlines’ technology venture capital arm, United Airlines Ventures, has invested in a biofuel refinery in Oregon.
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NewsBangkok Airways again looks to replace aging A319s
Bangkok Airways will resume its hunt for a new narrowbody aircraft as Thailand’s air travel recovery picks up speed.
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NewsSIA to address 777-9 delays with -300ERs, not additional A380s
Singapore Airlines (SIA) will rely on the Boeing 777-300ER to accommodate delays in the 777-9 programme, and has no plans to reinstate surplus Airbus A380s while it waits for the new type.
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NewsBangkok Airways ekes out first profit since pandemic; Thai AirAsia widens loss
Two Thai operators posted stark differences in their third-quarter earnings, despite seeing a significant rise in their revenues as travel demand picked up.
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NewsHigher fuel prices punish SpiceJet in second quarter
Indian low-cost carrier SpiceJet saw its second quarter operating loss widen to Rs8.4 billion ($104 million) from an operating loss of Rs5.6 billion a year earlier.
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NewsUS DOT fines six airlines and forces refunds
The US Department of Transportation (DOT) has fined six airlines a total of $7.25 million dollars and forced them to refund more than $600 million to customers whose flights were disrupted during the Covid-19 pandemic.
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NewsCanada and India agree to unlimited passenger flights between the countries
Canada and India have agreed to an expanded air transportation agreement allowing designated airlines to operate an unlimited number of flights between the two countries.
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NewsUK regulator flags competition concerns over Asiana-Korean Air merger
UK competition regulators have given merging carriers Asiana Airlines and Korean Air until 21 November to submit proposals to address concerns it has raised around the impact of their tie-up on the London-Seoul route.
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NewsNew Saudi lessor AviLease carries out first deliveries
New Saudi Arabian lessor AviLease has carried out its first deliveries, with the handover of two Airbus A320neos to local operator Flynas. AviLease was established in June as an aviation finance and leasing company, wholly-owned by the kingdom’s sovereign Public Investment Fund and specialising in new-generation aircraft. The company, which ...
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NewsAirbus and Qatar joust over regulatory cosiness as trial schedule is left in doubt
Airbus has expressed doubt that a trial to resolve its legal scrap with Qatar Airways over A350 fuselage-skin paint degradation will take place on time in June next year, accusing the airline of shortcomings in the disclosure process. The two sides clashed in court on 11 November during a case-management ...
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NewsAir India becomes AAPA’s first Indian member airline
Air India has joined the Association of Asia Pacific Airlines (AAPA), giving the trade body an active member in the fast growing Indian air travel market.
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NewsCathay targets full capacity recovery by end-2024
Cathay Pacific Group expects to reach pre-pandemic capacity by the end of 2024 – the first time the group has revealed a full recovery timeline – as it eyes a “measured and responsible” ramp-up in the coming months.