News from FlightGlobal – Page 72
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NewsAir NZ, Cathay win five-year extension for joint venture
New Zealand regulators have approved a five-year extension for the joint venture between Cathay Pacific Airways and Air New Zealand.
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NewsSpirit Airlines A321 struck by gunfire during attempted landing in Haiti
Haiti has closed its main international airport after a Spirit Airlines Airbus A321 was struck by gunfire while attempting to land in Port-au-Prince.
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NewsAvelo’s latest expansion to include start-up’s first international flights
US start-up carrier Avelo Airlines plans to soon launch its first-ever international flights, to Mexico and the Caribbean, as it establishes new operational bases in Connecticut and Florida.
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NewsHainan Airlines unit Urumqi Air set to buy 40 Comac ARJ21-700s
Hainan Airlines unit Urumqi Airlines is set to acquire 40 Comac ARJ21-700 regional jets in a deal worth $1.5 billion.
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NewsInvestigators probe another serious Aerosucre take-off incident as 727 hits ILS
Colombian investigators are probing a serious incident during which an Aerosucre Boeing 727-200 freighter struck part of the ILS array on take-off from Bogota. The aircraft (HK-5216) was departing El Dorado airport’s runway 14L on 10 November, according to the Colombian regulator Aerocivil. Upon lift-off it struck one of the ...
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NewsVistara carries out final flights ahead of Air India merger
Indian carrier Vistara today carried out the final flights under its own brand ahead of its integration into the enlarged Air India, after almost a decade of operations.
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NewsAvianca profits slip in third quarter amid rapid expansion
Colombian carrier Avianca’s operating profit slipped slightly to $197 million for the three months to 30 September 2024, a quarter during which it increased passenger levels 14.5% over the same period a year ago.
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NewsUkrainian government cancels bilateral air transport pact with Iran
Ukraine’s government has cancelled a bilateral air transport agreement with Iran, which has been in place for over 30 years. Permanent representative of the cabinet of ministers Taras Melnychuk, in a summary of discussions on government activity on 8 November, stated that the air services agreement between the two countries ...
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NewsSIA Group has ‘levers we can pull’ to manage delivery delays: CEO
Singapore Airlines Group has contingency plans in place in light of aircraft delivery delays, such as with Boeing’s 777X programme, says chief executive Goh Choon Phong.
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NewsImproved A380 reliability helping BA offset 787 engine availability issues
IAG unit British Airways is continuing to work through the challenges on its Rolls-Royce Trent 1000-powered Boeing 787s which prompted it to remove some its planned winter capacity, while remaining on the lookout for options to bolster its long-haul fleet.
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NewsYield and competition pressure hits SIA Group profits in first half
Singapore Airlines Group reported a significant drop in its half-year profit – from the previous year’s record high – as it flags a “moderation” in passenger yields from “strong” competition.
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NewsRiyadh Air likely to look at longer-range variant as part of A321neo deal
Saudi Arabian start-up Riyadh Air is likely to take a longer-range variant of the Airbus A321neo as part of its deal for 60 of the narrowbody jets.
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NewsIAG upbeat on rest of year after lifting third-quarter profit
IAG expects its strong financial performance to continue in the last quarter of the year after lifting operating profit 15% in the third quarter to over €2 billion ($2.15 billion).
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NewsJet Airways revival hopes gone after court orders liquidation
India’s Supreme Court has ordered the liquidation of the beleaguered Jet Airways, officially ending any hopes of a revival more than five years after the airline went bankrupt.
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NewsNew Tus Airways investor has option to acquire whole airline
Cypriot carrier Tus Airways’ newest investor will have an option to acquire the entire outstanding capital of the airline from its other shareholders. The investor – a company owned by entrepreneurs Ami Cohen and Arnon Englander – completed a transaction giving it a 75% stake in Tus on 6 November. ...
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NewsDutch challenges evident as Air France-KLM profits fall
Air France-KLM saw its third-quarter earnings impacted by a higher-than-expected cost increase at its Dutch operation, as it gave further details on the “firm measures” it is taking to tackle what it describes as a “structural” challenge
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NewsEl Al stays with Trent 1000 for additional 787s: Rolls-Royce
Israeli flag-carrier El Al appears to be sticking with Rolls-Royce engines for its latest Boeing 787s, as the manufacturer progresses with work on blade improvements. El Al already has 16 Trent 1000-equipped 787s, and is due to take delivery of another Trent-powered 787-9 originally intended for another customer. Rolls-Royce states, ...
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NewsWizz Air foresees return to growth as uncertainty lifts on engine-related aircraft grounding
Central European budget carrier Wizz Air expects to return to growth next year, given its Airbus delivery schedule and better visibility on Pratt & Whitney engine issues. Wizz expects the average number of grounded aircraft over the next 18 month to be around 40-45, an improvement on the previous assumption ...
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NewsGol reaches debt-equity deal with Abra Group for Chapter 11 exit plan
Brazil’s Gol and Abra group, the airline’s majority investor, have reached an agreement that will eliminate up to $2.55 billion in debt from the carrier’s books.
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NewsLATAM Airlines Group lifts outlook after third-quarter profit rises to $301m
LATAM Airlines Group profit during the third quarter of 2024 rose to $301 million as the company managed to hold costs in check and profited from greater demand for air travel.