News from FlightGlobal – Page 318
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NewsNorse Atlantic opens bookings with JFK route starting mid-June
Scandinavian start-up Norse Atlantic Airways has commenced ticket sales for transatlantic services, with the initial flight from Oslo to New York JFK set to take place on 14 June. Norse Atlantic will also open flights to Los Angeles, Orlando and Fort Lauderdale. It says the beginning of ticket sales “marks ...
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NewsSAS struggles to obtain stakeholder backing for crucial transformation
SAS remains downbeat over progress with its ambitious transformation plan, with negotiations to overhaul its cost structure failing to yield any breakthrough. The Scandinavian operator says the ‘SAS Forward’ plan is “entirely dependent” on deleveraging the company and raising “significant amounts” of new equity. It says it needs to the ...
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NewsVietnam A321 flew domestic sector after suffering vehicle collision damage
Vietnamese authorities are said to be investigating why an Airbus A321 was able to continue operating having sustained substantial damage to its aft fuselage, apparently from a forklift vehicle. The Civil Aviation Authority of Vietnam has informed the ministry of transport that the aircraft suffered a fuselage dent beyond permissible ...
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NewsIcelandair revisits hedging as fuel prices weigh on financial figures
Icelandair Group has started rebuilding a fuel-hedging position, suspended during the pandemic, as it notes the effect of fuel prices on its first-quarter performance. The company has turned in a pre-tax loss of $62.5 million and a net loss of nearly $50 million for the three months to 31 March. ...
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NewsVirgin Australia to add four 737 Max 8s amid demand boost
Virgin Australia is to take four Boeing 737 Max 8s – with the first aircraft to enter service from 2023 – more than a year after it cancelled a long-standing order for the variant in favour of the larger Max 10.
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NewsLion Air reactivates stored jets for holiday season, but 737 Max out of picture
Indonesia’s Lion Air is set to return stored aircraft to service during the Eid holiday season, though its fleet of Boeing 737 Max jets will remain parked.
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NewsIndonesia AirAsia parent cuts 2021 losses despite 61% revenue decline
AirAsia Indonesia narrowed its full-year operating loss, despite a plunge in revenues caused by the coronavirus pandemic.
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NewsSkyWest ‘working with’ charter operators to cover EAS routes
SkyWest Airlines is “working with” charter operators that could take over some of the Essential Air Service (EAS) routes that it intends to cut owing to a shortage of flight deck personnel.
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NewsSkyWest revenue, block hours rise in first quarter
SkyWest Airlines saw revenue and block hours rise as demand for regional services increased during the first quarter.
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NewsFrontier Q1 earnings took hit from Omicron, weather and ATC delays
Ultra-low-cost carrier Frontier Airlines says customer demand is “on a solid path to recovery” after first quarter earnings took a hit from Covid-19’s Omicron variant coupled with air traffic snarls and weather issues in Florida.
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NewsSouthwest Airlines aims to be ‘solidly profitable’ in 2022
Southwest Airlines hopes to be “solidly profitable” for the full year as the company bounces back from a rocky first quarter.
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NewsTurkish Airlines Q1 profit jumps on strong cargo and recovering demand
Turkish Airlines posted an improved profit for the first three months of 2022, driven by a continued strong performance in cargo and higher demand as Covid travel restrictions eased further.
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NewsRussia’s jet theft may push up lease rates for emerging markets: Avolon chief Slattery
Avolon believes the fall-out from the leasing industry’s exposure to the Russian market could see airlines in emerging markets paying higher rates for leased aircraft.
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NewsDomestic revenue boosts Gol’s Q1 earnings
Domestic sales boosted Brazil’s Gol airlines’ first quarter earnings as it finalised a codeshare agreement with American Airlines and launched a cargo collaboration.
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NewsProbe into 777-300ER 'control instability' finds no evidence of inconsistent response
French investigators probing the control instability experienced by an Air France Boeing 777-300ER on final approach to Paris Charles de Gaulle have found no inconsistency between the pilots’ control inputs and the movement of the aircraft. The aircraft, arriving from New York JFK on 5 April, had been conducting an ...
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NewsProfitable Cargolux foresees continued capacity strain on trade
Cargolux has generated a full-year pre-tax profit of $1.7 billion for 2021, but it warning that global trade is likely to suffer from the effects of the pandemic and the geopolitical situation in Ukraine. Pressure on supply chains will continue, the Luxembourg-based freight carrier states, with border restrictions still in ...
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NewsEasyJet to help drive GKN hydrogen propulsion projects
UK carrier EasyJet could be the first airline to trial a pair of hydrogen propulsion systems being developed by GKN Aerospace under a new pact between the companies.
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NewsANA narrows operating losses; cargo revenue hits record
All Nippon Airways parent ANA Holdings has narrowed its 2021 full-year operating loss to Y173 billion ($1.3 billion), compared with an operating loss of Y465 billion a year earlier.
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NewsTravel recovery ‘well underway’, as AirAsia carriers report jump in Q1 traffic
AirAsia Aviation Group is seeing robust traffic growth in the quarter to 31 March, as it believes travel revival is “well underway” amid easing of travel restrictions in the region.
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NewsAeroflot board set to discuss increasing company’s share capital
Aeroflot Group’s board is to hold a meeting at which the directors will discuss increasing the authorised share capital of the company. The board meeting is set to take place on 29 April, the airline has disclosed. Its agenda includes amending articles of association for the company and determining the ...