News from FlightGlobal – Page 308
-
NewsWizz optimistic on restoring low cost levels as inflation adds to airline misery
Central European budget carrier Wizz Air is expecting the current fiscal year to be one “marked by high inflation”, as it looks to return to pre-crisis cost levels and improve its competitiveness. Wizz Air turned in a full-year net loss of €642 million ($686 million) – higher than the previous ...
-
NewsAustralian air travel on firm recovery path: competition watchdog
The Australian Competition & Consumer Commission (ACCC) says that Australia’s air travel market is well on its way to recovering from the coronavirus pandemic, but that higher fuel prices are pushing up fares.
-
NewsCathay gets second drawdown extension for HK$7.8 billion government loan
The Hong Kong government has again extended the drawdown period for a HK$7.8 billion ($1 billion) loan facility for home carrier Cathay Pacific.
-
NewsAir France-KLM chief concerned over staff shortage spreading to Paris and 787 delays
The chief executive of Air France-KLM has expressed concern over further staffing shortages and aircraft delivery delays, as he looks ahead to the busiest travel months of the year. Ben Smith’s comments came after tough operational challenges at KLM in recent weeks, where disruption and flight cancellations have affected services ...
-
NewsEasyJet chief calls for ‘sober view’ of capacity limits at UK airports this summer
EasyJet has called for key stakeholders to make an assessment of how much capacity individual UK airports can handle in the coming months
-
NewsIATA chief hits back at ‘idiot politicians’ who blame UK airlines for staff shortages
The director general of airline association IATA has dismissed the suggestion that airlines are to blame for the current operational challenges being seen in the UK and elsewhere, while insisting that the issues will be overcome.
-
NewsSweden to convert SAS debt but refrains from injecting new capital
Sweden’s government is proposing that it be authorised to enter a debt-to-equity swap to provide financial assistance to flag-carrier SAS. But it will not supply fresh capital to the struggling airline. Swedish trade and industry minister Karl-Petter Thorwaldsson disclosed the proposal on 7 June. It would require the legislature to ...
-
NewsWizz Air to explore hydrogen fleet operations through Airbus collaboration
Central European budget carrier Wizz Air is to explore the potential for hydrogen-powered aircraft operations under an agreement with Airbus. The two sides have signed a memorandum covering analysis of hydrogen operations, intended to provide the carrier with a “deeper understanding” of how such aircraft could change its business model, ...
-
NewsAeroflot A330 returns to Russia after days of detention in Sri Lanka
Aeroflot has retrieved an Airbus A330-300 from Colombo, after several days of wrangling after the twinjet was impounded by Sri Lankan authorities. It departed for Moscow Sheremetyevo on 6 June, apparently after intervention to overturn a court order which led to the detention. Russian federal air transport regulator Rosaviatsia confirms ...
-
NewsAir New Zealand creates chief sustainability officer role
Air New Zealand has appointed Kiri Hannifin as its first chief sustainability officer.
-
NewsMalaysia Airlines completes first SAF-powered passenger flight
Malaysia Airlines has completed its first passenger flight powered by a blend of sustainable aviation fuels, as it targets rolling out similar flights in the near-term.
-
NewsJetBlue sweetens offer to purchase Spirit
JetBlue Airways has sweetened its offer to purchase Spirit Airlines by agreeing to pay a $350 million fee if regulators torpedo the deal due to anti-trust reasons.
-
NewsAzorra picks up 37-aircraft portfolio as lessor NAC exits Chapter 11
US lessor Azorra has acquired a portfolio of 37 aircraft previously owned by Nordic Aviation Capital, the leasing firm which has newly emerged from Chapter 11 protection. Azorra says it has picked up 29 Embraer E-Jet regional aircraft plus ATR and De Havilland turboprops. The aircraft are leased to 13 ...
-
NewsPressure setting suspected after two low approaches by Paris-bound A320
French investigators are probing an incident in which an Airbus A320 descended below the glidepath at Paris Charles de Gaulle during two separate approaches, triggering minimum safe altitude warnings. The aircraft was operated by the Maltese wet-lease specialist Airhub and had been inbound to Paris from Stockholm Arlanda on 23 ...
-
NewsFrontier adds $250m termination fee to Spirit offer
US operator Frontier Airlines has added a $250 million reverse termination fee to its agreed offer for ultra-low-cost carrier Spirit Airlines in the regulators block the deal.
-
NewsANA earmarks two 787s for sustainability initiatives
Japan’s All Nippon Airways will a apply a new livery to a pair of Boeing 787s to highlight its sustainability efforts, and to also research ways to reduce the impact of flying on the environment.
-
NewsAtlas takes another 747-8F, bringing Boeing’s 747 backlog to just three
Boeing has delivered to Atlas Air another 747-8 Freighter, leaving the airframer with just three undelivered 747-8Fs and bringing the jumbo jet’s 50-year-plus production run one step nearer to the end.
-
NewsSpirit’s planned combination with Frontier faces fresh opposition
Spirit Airlines is facing fresh opposition to its planned acquisition by Frontier Airlines, with investors suing to stop the deal and a management consulting firm recommending against it.
-
NewsCaribbean-based Sky High Aviation receives its first E190
Dominican airline Sky High Aviation received its first E190, becoming the first Caribbean-based carrier to fly an airframe in the E-Jet line.
-
NewsLufthansa set to take first 787 this summer
Lufthansa is set to take delivery of its first Boeing 787-9 this summer as it prepares to launch the Dreamliner on flights to Toronto.