News from FlightGlobal – Page 294
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NewsWeaker currency forces Wizz to absorb €140m foreign-exchange loss
Weakening of the euro against the US dollar generated a foreign-exchange impact of €140 million which exacerbated budget carrier Wizz Air’s losses over the first quarter. Wizz Air turned in an operating loss of €284 million ($289 million) for the three months to 30 June. But a revaluation of US ...
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NewsAustralian competition regulator okays Rex’s National Jet acquisition
Australia’s Regional Express (Rex) says that it has received preliminary clearance from Australian regulators for its acquisition of National Jet Express.
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NewsNorth America and international demand lifts Hawaiian’s Q2 revenue
Hawaiian Holdings, the parent company of Hawaiian Airlines, credits more international flying and ongoing strong demand from North American markets for its 68% rise in revenue during the second quarter.
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NewsCanada Jetlines to launch revenue service on 15 August
Canada Jetlines, a start-up leisure carrier based in Vancouver, is set to launch passenger revenue service next month.
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NewsBaffled Ryanair vows to appeal EU ruling on €8.4m in ‘illegal’ state aid
Low-cost group Ryanair has vowed to appeal what it describes as a “bizarre” ruling by the European Commission that it benefited from illegal state aid relating to France’s La Rochelle airport between 2003 and 2010. In approving the financial aid provided by the French government to La Rochelle and Beauvais ...
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NewsLufthansa cancels more than 1,000 flights as ground staff strike
Lufthansa has cancelled more than 1,000 flights on and around 27 July in response to a “warning strike” by members of the Verdi trade union over a pay dispute. The action involves around 20,000 ground staff from across the Lufthansa Group’s German units and comes with the mainline carrier already ...
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NewsLessor Avolon's chief Slattery to step down from top post
Irish-based lessor Avolon has nominated Andy Cronin as chief executive, succeeding Domhnal Slattery who is stepping down from his position. Cronin is the chief financial officer of Dublin-based Avolon, and has been unanimously appointed as chief executive designate by the board. Slattery was the founding chief of the leasing firm, ...
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NewsEasyJet takes £133m disruption hit but says operations now ‘normalised’
EasyJet recorded a loss before tax of £114 million ($137 million) for the three months ending 30 June 2022, as operational disruption had a £133 million cost impact. Providing a fiscal third-quarter trading update on 26 July, the UK-based low-cost carrier lamented capacity caps imposed by London Gatwick and Amsterdam ...
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News‘Signs of strain’ loom for Asia Pacific carriers, as travel demand soars
The Association of Asia Pacific Airlines (AAPA) has called for action to be taken to “rebuild the resilience” of the sector, as an uptick in travel demand clashes with looming operational challenges.
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NewsHeathrow insists passenger cap will remain until ground-handling resource improves
London Heathrow airport’s operator insists its capacity cap will remain in place until airlines increase ground-handling resources to a level that matches demand. The operator introduced the cap of 100,000 daily departing passengers after service levels – flight cancellations, aircraft parking logistics issues, and baggage problems – became unacceptably low. ...
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NewsCapital A airline units see big traffic resurgence in Q2
The AirAsia airline units of Malaysia’s Capital A generated significantly stronger traffic in the second quarter to 30 June.
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NewsUS lawmakers propose hiking pilot retirement age to 67
US lawmakers have proposed hiking the mandatory retirement age for US airline pilots to help alleviate what airlines say is an increasingly acute pilot shortage.
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NewsRudder-induced roll and ground strike on take-off 'permanently' bent A321’s wing
US investigators have concluded that excessive rudder-pedal input during an Airbus A321’s take-off run from New York JFK caused a sharp roll upon rotation and resulted in the left wing-tip striking the ground. Such was the impact that the American Airlines aircraft had a permanent upward bend midway along the ...
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NewsCondor orders 41 Airbus A320neo-family jets
German leisure carrier Condor has ordered 41 Airbus A320neo-family aircraft as its fleet renewal focus shifts to short- and medium-haul jets. The announcement marks another Airbus order win from the carrier, which is already set to receive its first A330neos from late 2022 as it replaces its previous-generation A330s and ...
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NewsGreater Bay Airlines gets airborne in low-key launch
Hong Kong start-up Greater Bay Airlines has officially taken to the skies, though its long-awaited launch was marked by little fanfare.
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NewsRyanair retains Lauda A320 leases as renewal options dry up
Ryanair has opted to retain Airbus A320s operated by its Austrian division Lauda Europe, having been unable to reach agreement on a new Boeing 737 deal. It will extend leases on “most” of the leases on Lauda A320s by up to four years – taking them to 2028. Ryanair says ...
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NewsProfitable Ryanair reluctant to offer full-year forecast in ‘fragile’ market
Budget carrier Ryanair believes the air transport market remains too fragile to predict full-year financial results, despite turning in a profitable first quarter. The potential for new coronavirus variants emerging in the autumn, and the effects of the Ukrainian conflict, it says, show the market is “fragile” and any recovery ...
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NewsRed MD-82 suffered left-hand gear collapse before excursion
US investigators have confirmed that the left-hand main landing-gear of a Red Air Boeing MD-82 collapsed just after touchdown at Miami, before the aircraft suffered a runway excursion. It had been arriving from Santo Domingo on 21 June, and the ILS approach to runway 09 had been normal, the crew ...
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NewsQatar Airways considers own Heathrow handler in response to disruption
Qatar Airways has been spurred by the operational disruption at London Heathrow to revisit a previous plan to establish its own ground-handling service at the UK hub. Heathrow’s operator has imposed a two-month capacity cap to limit daily departing passenger numbers to 100,000 over the summer peak. Speaking during the ...
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NewsAlaska Air Group posts second-quarter profit of $139m
Alaska Air Group, the parent company of Alaska Airlines, says strong post-pandemic demand for air travel supported record revenues during the second quarter of 2022.