News from FlightGlobal – Page 86
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NewsVistara to operate under Air India from November
Indian carrier Vistara will operate as part of Air India from 11 November, following the long-anticipated merger between the two carriers.
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NewsAirAsia eyes significant network expansion as Q2 earnings improve
The AirAsia Aviation Group intends to launch 23 new routes across its five units in Southeast Asia by end-September, a significant expansion that comes amid an improvement in earnings.
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NewsNew Delhi clears SIA to own 25.1% of enlarged Air India
India’s government has cleared the way for Singapore Airlines to own a 25.1% stake of Air India following the Indian carrier’s pending merger with Vistara.
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NewsMalaysia Airlines details extent of delivery delays as capacity cuts hit 20%
Malaysia Airlines has cut about 20% of its network as it blames longer-than-expected maintenance time and delays in new aircraft deliveries for an ongoing operational meltdown.
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NewsUnited uneasy with implications of Alaska-Hawaiian tie-up
United Airlines is wary of how it stands to be affected by Alaska Airlines’ proposed acquisition of Hawaiian Airlines, it has told the US Department of Transportation (DOT).
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NewsBrazilian legislature approves R5bn in credits for the country’s airline sector
The Brazilian legislature has passed a bill that will provide R5 billion ($914 million) in credits for its struggling airlines.
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NewsAeroflot Group claims first-half net profit under international accounting
Aeroflot Group is claiming a net profit of Rb42.3 billion ($462 million) over the first half of the year, under international accounting standards. It attributes the performance to higher traffic levels and load factor, combined with cost control. Adjusted for exchange-rate valuations and the effect of insurance settlement in the ...
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NewsEngineering boost helps TAP counter Brazilian currency hit in second quarter
Privatisation target TAP Air Portugal boosted its recurring operating profit in the second quarter, although its net performance was dragged down by the currency challenges in its key Brazilian market.
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NewsNigerian carriers seek fleet-modernisation support through Boeing co-operation pact
Nigerian carriers are seeking to ease the process of fleet modernisation as part of an agreement reached between Boeing and the Nigerian aviation ministry. The agreement – in the form of a memorandum of understanding – was signed in Seattle on 28 August. Nigerian aviation minister Festus Keyamo says the ...
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NewsMalaysia Airlines AOC validity cut short amid ongoing operational woes
Malaysian regulators have reportedly slashed the validity period of Malaysia Airlines’ air operator’s certificate (AOC), as the carrier battles an operational meltdown in recent weeks.
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NewsAirAsia X eyes full fleet reactivation by year-end and targets ‘unique markets’
Malaysia’s AirAsia X expects to fully reactivate its fleet of 18 Airbus A330s by the end of the year, clearing what it calls a “final hurdle” for network expansion.
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NewsStrong wet lease business lifts Alliance’s revenues
Growth in wet-lease operations boosted Australian carrier Alliance Aviation’s revenue and profits in the 2024 financial year.
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NewsQantas expects first A321XLR in April 2025
Qantas has confirmed it will receive its first Airbus A321XLR aircraft in April 2025, a delivery delay of a few months caused by ongoing supply chain issues.
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NewsPW1100G, Trent 1000 issues hit Air NZ profits
Air New Zealand says availability issues with Pratt & Whitney PW1100G and Rolls-Royce Trent 1000 engines negatively impacted its operational and financial performance in its 2024 financial year.
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NewsQantas full-year profit down 16% as yields moderate
Australia’s Qantas Group saw a decline in its full-year earnings, amid falling passenger yields and higher spending to improve its reputation.
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NewsAir China, China Southern receive first C919s in joint delivery ceremony
Air China and China Southern Airlines have become the newest operators of Comac’s C919, each taking delivery of their first example in a joint delivery ceremony.
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NewsSwiss on-time performance during summer season lags 70% target
Swiss International Air Lines had a “mixed” summer season as the carrier’s on-time performance rose slightly to 64.2% but remained below the company’s target of 70%.
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NewsNorse looks to concentrate on profitable routes and shift capacity to long-term charters
Norse is expecting to deploy at least half its aircraft capacity on wet-lease and charter services over the winter season, and signals that it is looking to de-risk its operation by entering longer-term external capacity agreements. The airline has been revising its business plan, to strengthen its financial footing, following ...
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NewsLeisure travel demand up in July, as China-based carriers gain: AAPA
The Association of Asia Pacific Airlines (AAPA) has found a “significant” rise in leisure travel demand in July, helped by a relaxation of visa policies, and despite ongoing supply chain challenges.
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NewsNorse withdrawing its sub-leased 787-8s to focus exclusively on 787-9 fleet
Scandinavian carrier Norse Atlantic Airways is to withdraw its three Boeing 787-8s, in order to establish a uniform fleet of 787-9s. It uses 12 787-9s in its own operation but also has three -8s which have been subleased to Spanish carrier Air Europa. Norse states that it has agreed in ...