News from FlightGlobal – Page 334
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NewsLufthansa ‘closely monitoring’ airline consolidation: Spohr
Pan-European airline operator Lufthansa Group is keeping options open on its proposed tie-up with new Italian carrier ITA Airways as it says it is “monitoring closely” renewed consolidation trends in the sector.
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NewsEmbraer follows big two and cuts ties with Russian airlines
Embraer has become the latest aircraft manufacturer to sever ties with Russia following its invasion of Ukraine.
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NewsEl Al turns in full-year net loss of over $400m
Israeli flag-carrier El Al has posted a full-year net loss of $413 million, compared with the previous year’s loss of $531 million. El Al’s revenues reached $857 million – higher than the $623 million during the pandemic-hit 2020 but still far below the near-$2.2 billion in the year before the ...
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NewsLufthansa sees ‘significant improvement’ for 2022 after halving full-year loss
Lufthansa Group is forecasting a “significant improvement” in operating profit from the second quarter onwards as travel demand continues to pick-up, but has stopped short of projecting a full-year outlook amid fresh global uncertainties including the Ukraine crisis.
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NewsBOC Aviation buys 11 737 Max 8s headed to Canadian start-up Lynx
BOC Aviation has purchased 11 Boeing 737 Max 8s due for delivery to Canadian start-up Lynx Airlines in 2023-24.
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NewsFormer JetBlue and short-time Delta manager to join American
Scott Laurence, JetBlue Airways’ former head of revenue and planning, who left the carrier earlier this year to work at Delta Air Lines, only to resign after a month, will join American Airlines “in the coming days”.
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NewsCanada’s WestJet plans to acquire Sunwing Airlines
Canada’s WestJet will acquire low-cost vacation specialist Sunwing Airlines, along with its Sunwing Vacations tour operator business, shaking up the country’s low- holiday travel sector.
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NewsRyanair chief expects ‘no dramatic impact’ on bookings if Ukraine conflict is contained
Ryanair is continuing to guide for a big jump in passenger demand over the next 12 months, although the low-cost carrier’s chief executive acknowledges the downside risks created by the Russian invasion of Ukraine.
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NewsFormer Turkish chairman turns down Air India chief executive role
Former Turkish Airlines chairman Ilker Ayci has turned down the chief executive role at Air India, two weeks after the airline’s new owners Tata Sons announced his appointment.
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NewsVolotea to take first batch of cadets from new Airbus pilot-training campus
Spanish operator Volotea is to be the first airline customer for a new Airbus flight-training school which has been inaugurated at Angouleme in France. It will be managed by Airbus Flight Academy Europe, a wholly-owned subsidiary of the airframer. Eleven cadet pilots from the school will be recruited by Volotea ...
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NewsRyanair chief vows carrier will be first to make Ukraine return
The group chief executive of Ryanair insists the low-cost carrier will return to serving Ukraine as soon as the European safety regulator EASA allows, as he voiced strong support for the country’s efforts to repel a Russian invasion.
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NewsWizz outlines impact of Ukrainian situation on its network
Central European budget carrier Wizz Air expects a 7% reduction on flights within its network during March, as a result of the situation in Ukraine. But the airline says its projected operating loss for the full year – which concludes on 31 March – will be “materially consistent” with previous ...
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NewsEl Al given more time to conclude loyalty-scheme sale
Israel’s government has granted flag-carrier El Al more time to sell its frequent-flyer programme, one of the conditions of a financing package agreed with the state. El Al has also pledged not to sell its take-off and landing slots at various airports, or use them in other ways to raise ...
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NewsBoeing cuts Russian airline support; Ukraine mounts Su-24, Su-25 strikes
Boeing has suspended all support for Russian airline customers amid Russia’s continuing invasion of Ukraine, while Kyiv claims that its air force is still in action.
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NewsUS to close airspace to Russian aircraft
The US government will close its airspace to Russian aircraft in response to Russia’s invasion of Ukraine
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NewsFrontier to add crew base in Phoenix in November
Frontier Airlines plans to open a crew base in Phoenix later this year as it expands its reach ahead of a planned merger with US ultra-low-cost carrier (ULCC) rival Spirit Airlines.
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NewsDutch study highlights feasibility of all-electric flights by 2026
Dutch researchers have concluded that the operation of small sub-regional electric aircraft on short routes in the Netherlands should be possible by 2026.
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NewsIATA still expects air travel recovery by 2024 but warns of Russia-Ukraine risks
The Omicron variant of Covid-19 failed to knock the air travel industry off its pandemic recovery path, according to global airline association IATA, with passenger numbers still expected to exceed pre-crisis levels in 2024.
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NewsSwiss to pioneer sun-to-liquid kerosene flights next year
Swiss is set to become the first carrier to use ‘sun-to-liquid’ carbon-neutral fuel, kerosene which will be produced through the application of concentrated sunlight. The Lufthansa Group airline is collaborating with specialist Synhelion to bring the solar aviation fuel to market. “We are supporting Swiss innovation and are actively pursuing ...
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NewsEtihad still ‘on’ for reaching profit in 2023: Douglas
Etihad Airways group chief executive Tony Douglas believes the restructured UAE carrier is still on track to meet its original target of returning to profit in 2023 despite the negative impact of the pandemic.