News from FlightGlobal – Page 326
-
NewsRyanair expects full-year loss towards deeper end of guided range
Budget carrier Ryanair is expecting a full-year net loss of €350-400 million ($385-440 million), prior to exceptional items. This is towards the higher end of the previously-guided loss range of €250-450 million for the airline, whose financial year closed on 31 March. Ryanair says its full-year passenger numbers recovered to ...
-
News737 Max faces mixed fate in China, as first delivery post-grounding looms
Two of China’s three largest carriers appear to be putting off taking new Boeing 737 Max aircraft in the near term, casting uncertainty the twinjet’s prospects in one of Boeing’s largest markets.
-
NewsAmerican Airlines’ Isom becomes CEO as Parker retires
American Airlines’ Robert Isom has taken over the chief executive role from Doug Parker, who retired on 31 March, marking the end of a 36-year airline career.
-
NewsAir France to restore 90% capacity, introduce ‘shuttle’ to JFK
Air France will restore capacity to near pre-pandemic levels by what the airline hopes to be a strong peak summer travel season.
-
NewsPobeda parks large part of fleet and concentrates Moscow network on Vnukovo
Aeroflot Group’s budget carrier Pobeda is to cut back its operations, putting 40% of its fleet into storage and trimming its network in response to the constraints on Russian air transport. It will maintain services with 25 Boeing 737s but park 16 others. The airline will also suspend the transfer ...
-
NewsOzturk to succeed Nane as Pegasus Airlines chief executive
Pegasus Airlines’ chief commercial officer Guliz Ozturk will step up to lead the airline from 1 May, with current chief executive Mehmet Nane moving to a boardroom role.
-
NewsITA reaches Airbus lease agreement with AerCap
Italian operator ITA Airways has reached a formal lease agreement for 12 Airbus aircraft, including a pair of A330neos, with AerCap. The agreement covers 10 A320neos in addition to the two long-haul twinjets. AerCap says the aircraft are scheduled for delivery to the new airline – which commenced operations last ...
-
NewsFraport withdraws from Chinese airport market with Xi’an divestment
German airport operator Fraport is withdrawing from the Chinese market, having been unable to build on its involvement with Xi’an Xianyang airport. The company is selling its entire 24.5% shareholding in the airport operator, ending a 14-year partnership which has run since the company acquired the stake in 2008. Fraport ...
-
NewsMC-21 serial production delay forces Russia to look at fuel subsidy for older types
Russia’s government is expecting serial production of the Irkut MC-21 to be pushed back by up to two years, and has outlined optimistic plans to ramp-up output of older, and less fuel-efficient, aircraft types in the interim. During a briefing that followed a presidential meeting on the state of the ...
-
NewsIndiGo commercial chief Boulter steps down; second executive to leave in two days
IndiGo’s chief commercial officer Willy Boulter is stepping down in July, the second senior executive to leave the low-cost carrier in two days.
-
NewsEtihad chief Douglas untroubled by A350 paint-crack worries
Despite the paint problems experienced by other Airbus A350 operators, the boss of Etihad Airways remains sanguine about the potential for similar issues to afflict its fleet of the carbonfibre widebody. Gulf rival Qatar Airways in particular has been vocal about the issue of skin-paint deterioration on several of its ...
-
NewsSAS runs into early friction during negotiations with pilots
Scandinavian operator SAS’s negotiations with cockpit crew representatives over its latest transformation plan have already encountered friction, with pilot union Svensk Pilotforening walking out of talks barely after they began. SAS has initiated a long-term plan, ‘SAS Forward’, in a bid to generate SKr7.5 billion ($800 million) in cost ...
-
NewsEasyJet chief slams ‘shameful’ Dutch government plan to triple flight tax
EasyJet chief executive Johan Lundgren has heavily criticised Dutch government plans to increase aviation taxes, describing proposal as “shameful”
-
NewsIAG fortifies Gatwick with BA Euroflyer and Vueling expansion
IAG is reinforcing its presence at London Gatwick with the restoration of British Airways short-haul operations, while Spanish division Vueling is opening new services with slots on loan from the flag-carrier. British Airways is establishing a new subsidiary, BA Euroflyer, which will operate short-haul services from Gatwick later this year. ...
-
NewsHead of Dutch rail Rintel set for return to KLM as new chief executive
KLM has selected the head of Dutch rail firm NS, Marjan Rintel, as its new chief executive – meaning she will return to lead the carrier for which she worked for 15 years. She will succeed Pieter Elbers who is standing down in the first half of this year. KLM ...
-
NewsEurope’s airlines must not be ‘punished’ for tackling sustainability: Lufthansa chief
European commercial aviation’s ambitions to address its sustainability challenges must not carry a risk that the region’s airlines become competitively disadvantaged, in the view of Lufthansa chief executive Carsten Spohr.
-
NewsASL follow-on deal for 737-800 converted freighters set to double fleet
ASL Aviation Holdings is ordering up to 20 more Boeing 737-800 converted freighters, to be modified by the US airframer. The aircraft will be allocated to ASL’s airlines in Ireland, France and Belgium as well as joint-venture operations in Asia. Conversion work will commence in the second quarter of next ...
-
NewsIndustry must collaborate to hit net-zero target, says Etihad chief Douglas
Etihad Airways chief executive Tony Douglas has called for the aviation industry to work together with all its stakeholders – including policy makers, regulators and passengers – in order to hit its net-zero goals by 2050.
-
NewsQantas targets 25% emissions cut by 2030 in push towards net-zero
Qantas expects to cut emissions by 25% by 2030, as part of a broader goal to achieve net-zero emissions by 2050.
-
NewsChina’s ‘Big Three’ prolong loss-making streak as rising fuel costs, restrictions bite
China’s three largest carriers were deep in the red for a second consecutive year, widening their net losses and bucking a trend seen among some of the region’s airlines which have bounced back to profitability.