News from FlightGlobal – Page 288
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NewsBlacklisted Iraqi Airways seeks wet-leased aircraft for European flights
Iraqi Airways has issued a request for proposals for wet-leased or ACMI aircraft for operations to Europe amid a continued blacklisting of the carrier by the European Commission. Hoping to take advantage of a provision in the blacklisting that allows banned carriers to undertake operations via wet-lease agreements with other ...
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NewsFormer Ryanair executive returns to Malta with Wizz Air
Wizz Air has announced that its new Maltese subsidiary will be led by former Ryanair executive Diarmuid O Conghaile. The low-cost group expects to launch the new unit “later this year”, it said on 15 August, with O Conghaile becoming managing director from 1 November, having stepped down from his ...
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NewsC Cubed progresses A320CCF freighter conversion programme
California-based C Cubed Aerospace is gearing up for the first flight of the initial Airbus A320 to be modified under its CCF freighter conversion programme as it bids to hit a year-end target for the completion of certification activities.
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NewsThai A350 sank far below glideslope after shortened approach stressed pilots
German investigators believe a shortened approach route given to a Thai Airways Airbus A350-900 crew generated increased time stress, resulting in a botched high-speed descent to Frankfurt that took the twinjet far below the glideslope. The aircraft, arriving at night, was just 668ft above ground, while still 6.43nm from the ...
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NewsMalaysia Airlines picks A330neos for medium-haul fleet renewal
Malaysia Airlines is to acquire 20 Airbus A330neo widebodies as part of renewal plans for its medium-haul fleet.
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NewsThai Airways narrows Q2 losses as travel recovers
Thai Airways narrowed its second-quarter loss, as passenger travel demand soared with the reopening of borders.
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NewsAsiana operating profit up; cargo yield jumps in second quarter
South Korea’s Asiana Airlines saw its second quarter operating profit more than double to KRW211 billion ($162 million) in the second quarter of its 2022 financial year.
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NewsQantas to grow domestic freighter fleet with six more A321P2Fs
Qantas has ordered six more Airbus A321 passenger-to-freighter (A321P2F) aircraft, amid what it calls a “step change” in domestic cargo demand.
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NewsAkasa Air co-founder and key backer Jhunjhunwala dies
Indian billionaire and co-founder of start-up Akasa Air Rakesh Jhunjhunwala has died, days following the airline’s public launch.
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NewsSAS secures $700m bridge financing for Chapter 11 restructuring
Scandinavian operator SAS has reached a bridge financing agreement for $700 million, as part of its restructuring programme, sourcing funds through Apollo Global Management. The debtor-in-possession credit agreement – plus the company’s own revenue streams – will be used to meet obligations as SAS continues its ‘SAS Forward’ re-organisation scheme ...
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NewsRussian cargo veteran Isaikin withdraws from outsize specialist Volga-Dnepr
Russian outsize freight carrier Volga-Dnepr Airlines’ veteran founder, Alexei Isaikin, has withdrawn from the company’s shareholders. The carrier states that Isaikin, who has worked in the aviation sector for 45 years, is transferring control to the company’s management. Volga-Dnepr Airlines was founded in 1990 and carries out charter air cargo ...
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NewsEl Al to consider wet-leases and more 787s to address capacity shortfall
Israeli flag-carrier El Al is to explore the possibility of additional Boeing 787s from the second half of next year, once it completes introduction of its current fleet. The airline has 15 of the type – comprising 12 787-9s and three 787-8s – and it is expecting to receive one ...
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NewsTUI 737 tail-strike pilot’s training interrupted by pandemic
UK investigators believe pandemic-related interruptions to a first officer’s flight training probably contributed to a Boeing 737-800 tail-strike incident on take-off from Manchester earlier this year. The first officer rotated the TUI Airways jet too rapidly on departure from runway 23R, causing the tail to contact the ground, and the ...
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NewsCebu Pacific trims quarterly loss amid strong passenger revenue recovery
Cebu Pacific narrowed its second-quarter losses on the back of a four-fold jump in revenue, as passenger travel continues to recover.
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NewsDominican Republic’s AraJet begins selling tickets for a 15 September launch
The Dominican Republic’s new low-cost carrier AraJet has begun selling tickets for a projected 15 September launch.
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NewsAzul reports record Q2 revenue as cargo, corporate demand rise
Brazil’s Azul has posted record second-quarter revenue as it profited from increased demand for corporate travel and freighter services.
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NewsYounger workers hardest hit as EU air transport labour force at record low in first quarter
Air transport workers employed within the European Union hit a record low in the first quarter of 2022 amid the continuing impact of the global pandemic on air travel demand, figures published by Eurostat show.
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NewsTurkish Airlines boosts first half profits on strong passenger returns
A strong second quarter helped Turkish Airlines post an operating profit of $786 million for the first half of the year on a near doubling in revenues compared with the same period last year.
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NewsChinese carriers resume London flights after UK, China lift pandemic ban
China’s three largest carriers are to resume direct scheduled flights between the UK and China, following the easing of an operational ban imposed at the height of the coronavirus pandemic.
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NewsCathay ‘very likely’ to be profitable in second-half of 2022: HSBC report
A HSBC Global Research report believes profitability is imminent for Hong Kong-based Cathay Pacific, as the city looks set to continue easing onerous pandemic restrictions.