News from FlightGlobal – Page 388
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NewsIndonesia AirAsia parent continues loss-making streak
Indonesia AirAsia’s parent company slightly narrowed its losses in the first half of the 2021 calendar year, despite a dramatic decline in revenue for the period.
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NewsIcelandair trims winter capacity outlook as restrictions stifle demand
Icelandair has reined-in its capacity forecast for the winter season, as a result of continuing constraints on demand caused by travel restrictions. The airline says it expects to operate 65% of its production for the winter schedule, measured against 2019 levels. It had previously estimated that it would reach a ...
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NewsNok Air widens full-year loss as liabilities exceed assets
Embattled low-cost carrier Nok Air plunged deeper into the red for the 2020 calendar year, as revenue evaporated amid a collapse in passenger travel demand during the coronavirus pandemic.
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NewsRex narrows FY21 operating loss; warns of tough FY22
Australia’s Regional Express (Rex) narrowed its operating loss to A$18.4 million ($13.5 million) from A$27.4 million a year earlier, but warns of tough times ahead given the impact of a major coronavirus outbreak in Australia.
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NewsIcelandic start-up Play signs preliminary deals on fleet expansion
Icelandic start-up carrier Play has signed letters of intent with lessors covering six more Airbus A320neo family aircraft.
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News'Gap' between Ryanair and Boeing on Max 10 price: O'Leary
Budget carrier Ryanair is discussing potential acquisition of the Boeing 737 Max 10 variant, although chief executive Michael O’Leary says negotiations over price are making slow progress. Ryanair started bringing in a high-density version of the Max 8 – known as the Max 8-200 – in June, expanding its fleet ...
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NewsAlaska applies to DOT for codeshare with Iberia
Alaska Airlines and its regional airline affiliates Horizon Air and SkyWest Airlines have applied to the US Department of Transportation (DOT) for permission to codeshare with its Oneworld partner, Spain’s Iberia.
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NewsAircraft leasing market ‘getting more expensive’: Norwegian chief
Norwegian says the market for leased aircraft has become tighter and more expensive as it considers when to act on plans to add 10-20 aircraft in 2022.
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NewsTAP Air Portugal reduces first half loss
TAP Air Portugal saw its first-half net loss narrow to €493 million ($584 million) from €582 million in the same period last year following a “ramp-up” in activity during the three months to 30 June.
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NewsJet2 switches to Airbus for fleet renewal with A321neo order
UK leisure operator Jet2 has placed an order for 36 Airbus A321neo jets as it seeks to expand and renew its largely Boeing fleet.
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NewsAtlas Air to establish Incheon MRO shop with Sharp Technics
US cargo carrier Atlas Air and South Korean aviation maintenance firm Sharp Technics K will jointly establish a maintenance, repair and overhaul facility at Incheon International airport, a move that will enable Atlas to further expand in the Asia-Pacific region.
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NewsNorwegian plans to park more aircraft during future winter seasons
Norwegian expects to park more aircraft every winter as the Scandinavian low-cost carrier undertakes a “deep dive” into its future strategy.
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NewsHainan Airlines sharply narrows first-half losses as costs decline
Beleaguered Hainan Airlines dramatically cut its operating loss for the six months to 30 June, amid a strong uplift in revenue and a reduction in expenses.
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NewsOrange2Fly A320 stall-protection activated after idle-thrust handover
Greek investigators have disclosed that the crew of an Airbus A320 allowed the aircraft’s airspeed to decay to the point where its automatic stall-protection system activated on approach to Muscat. Operating for Oman’s SalamAir, the Greek-registered Orange2Fly A320 (SX-ODS) had been arriving from Dubai on 28 January 2019. Although the ...
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NewsGaruda posts 1H operating loss; liabilities outstrip assets by $4.66b
Garuda Indonesia slightly narrowed operational losses for the first half of its 2021 financial year, as revenues suffered a sharp decline amid the coronavirus pandemic.
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NewsChina Eastern expects first C919 delivered in second-half 2021
China Eastern Airlines expects to take delivery of the world’s first Comac C919 narrowbody in the second half of the year, as it removes the Boeing 737 Max from its delivery forecast through 2023.
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NewsChina’s ‘Big Three’ still in the red, despite revenue uptick
China’s three largest carriers — Air China, China Eastern Airlines and China Southern Airlines — continued their loss-making streak for a second year, though they cut their half-yearly losses on the back of stronger revenues.
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NewsHanoi restates order to keep Vietnam domestic market shut down
The Civil Aviation Authority of Vietnam (CAAV) has reiterated standing orders to the country’s carriers to sharply curtail domestic flights amid a major coronavirus outbreak.
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NewsLast US military jet departs Kabul, airport ‘uncontrolled’
The US military has left Afghanistan nearly 20 years after invading the country, with the last Boeing C-17 flight of American service members departing Hamid Karzai International airport in Kabul on 30 August at 23:59 local time.
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NewsBoeing to help Ethiopian Airlines advance pilot training, manufacturing and aftermarket services
Ethiopian Airlines has enlisted Boeing’s help in advancing Ethiopia’s aviation industry, with the companies agreeing to collaborate on projects related to pilot training, manufacturing and leadership development.