News from FlightGlobal – Page 5
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NewsLOT maintains profitable performance as fleet expands to highest level
Polish flag-carrier LOT is claiming a strong full-year performance with an operating profit of zl806 million ($205 million) and net profit of zl688 million, athough both are down on the previous figures. The airline attributes the achievement to “active network management” and “disciplined cost control” as well as “effective utilisation” ...
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NewsANA to be Japan’s first Embraer E2 operator with order for up to 20 jets
All Nippon Airways will be the first Japanese operator of Embraer’s E2 family of aircraft following an order for up to 20 E190-E2s, part of a broader fleet renewal as it announced commitments for up to 77 aircraft for future growth.
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NewsVolaris ‘carefully planning’ GTF engine removals through at least 2027
Following a year in which it averaged more than 30 Airbus jets out of service for Pratt & Whitney (P&W) engine removals, Mexican low-cost carrier Volaris does not foresee its fleet availability issues being resolved anytime soon.
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NewsThird-country carriers enabling domestic Russian flights face potential EU ban
Third-country carriers conducting domestic flights in Russia could be banned from operating in the European Union, under a newly-adopted sanctions package. The package, adopted by the European Council, is aimed at economic sectors including transport, energy, trade and infrastructure. It extends a flight ban to enable listing of any third-country ...
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NewsFlydubai turns in record full-year profit despite 737 delivery hassle
Middle Eastern carrier Flydubai did not receive any of the new aircraft scheduled for delivery to the airline last year but, despite the constraints, it turned in a record pre-tax profit. Although Flydubai received four Boeing 737 Max 8s in the first half of 2024, it says these were part ...
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NewsDelta defends qualifications of Endeavor flight 4819 pilots
Delta Air Lines is defending the qualifications of the pilots involved in Endeavor Air flight 4819, which erupted in flames and overturned following a hard landing in Toronto, as it battles ”disinformation” about the accident.
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NewsAir Greenland acquiring A320neo to reinforce Copenhagen links
Air Greenland is to introduce a narrowbody jet to its fleet, with the introduction of an Airbus A320neo scheduled for delivery at the end of next year. The airline is to take the twinjet under a six-year lease from Carlyle. It will be “adapted to Greenlandic conditions”, says the carrier, ...
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NewsSouth Korean start-up SumAir to apply for AOC after clinching business licence
South Korean start-up SumAir has been awarded its business licence, moving it one step closer to becoming the country’s newest carrier.
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News‘Combinations are coming’: Sun Country adds to airline consolidation chatter
With the US airline industry buzzing over potential tie-ups, Sun Country Airlines added to the chatter on 20 February by acknowleding that it views combinations with certain competitors favourably.
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NewsSpirit Airlines’ restructuring plan approved by US bankruptcy court
A US bankruptcy court has approved Spirit Airlines’ plan to reorganise through a Chapter 11 process and emerge with a stronger balance sheet.
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NewsJetBlue shopping around for potential tie-up partner as NEA appeal deadline looms
JetBlue Airways is exploring tie-ups with several US carriers, including the potential revival of its defunct the Northeast Alliance with American Airlines.
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NewsAviation groups seek to sway changes to FAA as airlines drop bid to privatise ATC
In a major policy shift, the US airline industry’s largest trade group and several allies say they no longer support privatising US air traffic control (ATC).
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NewsSIA Group betters third-quarter net profit with boost from Air India-Vistara merger
Singapore Airlines Group more than doubled its net profit in the third quarter after getting a one-time accounting gain from the merger of former joint venture Vistara with Air India.
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NewsOman’s SalamAir seeks 10 A320-family jets to meet three-year fleet-expansion plan
Middle Eastern low-fare carrier SalamAir is seeking another 10 Airbus A320-family aircraft to support operational development. The Omani carrier says the expansion will take place over the next three years and is intended to meet increasing passenger demand. SalamAir has placed requests for the 10 twinjets with “multiple” aircraft lessors, ...
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NewsAir NZ flags challenging second half as ‘uncertainty’ grows over engine issues
Air New Zealand expects a “significantly lower” financial performance for the six months to end-June, as it continues to be impacted by engine issues on its Airbus A320neo family aircraft and Boeing 787 fleets.
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NewsSouthwest caves further to Elliott as chief transformation officer steps down
Southwest Airlines is caving further to pressure from minority stakeholder Elliott Investment Management, which has been granted permission to own a greater share of the company’s outstanding stock.
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NewsShareholders of lessor NAC approve $2bn takeover by Dubai Aerospace Enterprise
Shareholders in lessor Nordic Aviation Capital have approved the company’s proposed acquisition by Dubai Aerospace Enterprise. The company values the transaction at more than $2 billion – inclusive of outstanding debt. Nordic Aviation Capital says the shareholder vote was 85% in favour of the agreement, under which DAE will take ...
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NewsEtihad cites operational efficiency gains as full-year net profit trebles
Middle Eastern carrier Etihad Airways is claiming to have trebled its full-year net profit to Dhs1.7 billion ($476 million), a record for the Abu Dhabi-based airline. Etihad says this follows a 25% increase in revenues to Dhs25.3 billion, as passenger numbers rose 32%. It says it has made “significant” operational ...
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NewsUzbekistan’s Qanot Sharq to introduce A321XLRs
Uzbekistan-based carrier Qanot Sharq is expanding its ties with US lessor Air Lease through an agreement for long-range Airbus A321XLRs and A321LRs. The three XLRs and two LRs are scheduled to be delivered to the operator over the course of 2026-27. Qanot Sharq, based in Tashkent, already has A321neos and ...
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NewsProfitable Jet2 expects higher summer costs to cover late Airbus deliveries
UK leisure carrier Jet2 is expecting to take delivery of 14 more Airbus A321neo twinjets by the end of summer this year, increasing its fleet to 23. But it states that the arrival of “a number” of these will be delayed past their agreed delivery dates. “Consequently we expect to ...