News from FlightGlobal – Page 344
-
NewsCertain 737 Max operations latest to be limited by 5G concern
US regulators have ordered revision of Boeing 737 Max operational procedures at airports with a risk of 5G radio spectrum interference, and are prohibiting 737 Max services to such airports if certain braking and anti-skid functions are declared inoperable. The measure from the US FAA is directed at the 737 ...
-
NewsInflation and fuel to hamper Russian airlines’ profitability recovery: credit agency
Russian credit rating agency AKRA believes the country’s air transport sector is unlikely to return to pre-crisis profitability levels until at least 2025, despite the trend towards recovery. AKRA, based in Moscow, says the sector – which had been “on the verge” of unprofitable operations even before the pandemic – ...
-
NewsUK consults on new delay compensation rules
UK ministers are consulting on new compensation rules covering delays faced by airline passengers on domestic flights under which claims would be based on the length and cost of travel.
-
NewsRyanair: Substantial fare cuts needed to recover bookings after ‘Omicron’ impact
Budget carrier Ryanair expects “significant” price stimulation over the fourth quarter is necessary to recover a sharp decline in bookings triggered by the outbreak of the latest coronavirus variant. The airline stated in December that it was slashing January capacity by a third, and says the outlook for pricing and ...
-
NewsUS court approves Aeromexico reorganisation plan
A US bankruptcy court has approved Aeromexico’s reorganisation plan, clearing the way for the Mexico City-based carrier to exit bankruptcy protection.
-
NewsChina’s ’Big Three’ forecast second year of losses as pandemic woes prolong
China’s three largest carriers expect to be loss-making for a second consecutive year, as they blamed a lack of international travel demand and a “fluctuation” in domestic recovery for their woes.
-
NewsUS airlines cancel more than 2,000 flights ahead of snowstorm
US airlines have begun pre-emptively cancelling thousands of flights ahead of a harsh winter storm expected to dump up to 71cm (28in) of snow in some regions in the northeastern USA over the weekend.
-
NewsIcelandair reveals new livery on Boeing 737 Max
Icelandair has revealed a new livery on three of its six Boeing 737 Max 8 aircraft as part of its first rebrand since 2006.
-
NewsFAA and cellular companies agree on further 5G interference mitigation
The Federal Aviation Administration and US cell phone companies Verizon and AT&T have agreed on further steps that will mitigate possible interference with new fifth-generation (5G) phone signals on aircraft radio altimeters.
-
NewsBaghdad missile attack damages retired Iraqi Airways A300
Iraqi Airways states that a missile attack on Baghdad airport has damaged an out-of-service aircraft, but that the carrier is continuing to operate services. The attack took place at dawn on 28 January, the airline says. It has released photographs of a parked aircraft, the nose-gear doors of which identify ...
-
NewsPost-restructuring Hainan Airlines forecasts return to profitability for 2021
Hainan Airlines, which most recently completed a business reorganisation, has forecast a return to profitability for 2021.
-
NewsAlaska turns small Q4 profit despite Omicron disruption
“Disciplined” cost management and a “measured approach to bringing back capacity” helped Alaska Air Group grow revenue and turn a small profit during the fourth quarter of 2021, even while contending with a new coronavirus variant, the company reports.
-
NewsSouthwest reports first quarterly profit since 2019
Southwest Airlines has earned its first quarterly profit since 2019, as demand for low-cost fares climbed in the last three months of 2021.
-
NewsJetBlue cuts Q4 loss, calls Omicron ‘temporary setback’
JetBlue Airways more than halved its loss in the fourth quarter of 2021 as leisure passengers returned in greater numbers.
-
NewsNorwegian to operate 54 routes out of reopened Stockholm base this summer
Restructured low-cost carrier Norwegian is to set to operate 54 routes from Stockholm Arlanda after it reopens it base at the Swedish airport this summer for the first time since the pandemic.
-
NewsTata formally takes the reins of Air India
Indian conglomerate Tata Group has formally completed its acquistion of Air India.
-
NewsEasyJet load factors clipped by Omicron but still positive on summer bounce
UK low-cost carrier EasyJet is still expecting a return to pre-crisis capacity levels during the peak summer season this year after Omicron clipped its recovering load factor in December.
-
NewsCargo lifts Korean to record operating profits in 2021
Korean Air saw its 2021 operating profit jump six-fold year on year to W1.5 trillion ($1.2 billion) on the back of its strong cargo business.
-
NewsChina Airlines orders four more 777Fs amid record cargo performance
China Airlines has placed an order for four additional Boeing 777 freighters, with deliveries slated to begin from 2023.
-
NewsTravel restrictions push Asia-Pacific airlines to dismal 2021: AAPA
Government-imposed travel restrictions pushed Asia-Pacific airlines to another dismal year in 2021, but cargo carriage proved to be a silver lining.