News from FlightGlobal – Page 91
-
NewsAir Canada second-quarter profit slides to C$410m amid a tough international market
Air Canada posted a profit of C$410 million ($298 million) during the second quarter, a decline of more than 50% from the same period last year, as costs rose and load factor as well as yields declined in an ever-tougher international market.
-
NewsHigher fuel, manpower costs dent Korean Air Q2 profits
Korean Air reported a drop in its second-quarter operating profit, despite posting record revenues on the back of strong passenger and cargo demand.
-
NewsUK advertising regulator raps Virgin over description of pioneering 100% SAF flight
Virgin Atlantic has become the latest carrier to be rapped over promotional claims regarding the environment, specifically over descriptions of its pioneering transatlantic sustainable-fuel flight last November. The carrier conducted the Boeing 787-9 flight from London Heathrow to New York JFK with its engines powered solely by sustainable aviation fuel, ...
-
NewsCathay’s first-half profit down amid yield decline, rising fuel costs
Hong Kong’s Cathay Pacific group remained in the black its half-year earnings, though it saw its operating profit decrease on the back of shrinking yields and rising fuel costs.
-
NewsCathay picks A330neo as future mid-sized widebody in 30-aircraft deal
Cathay Pacific has selected the Airbus A330-900 as its new mid-sized widebody replacement, after placing a firm order for 30 new aircraft with rights for another 30.
-
NewsScoot to grow regional network as more E2s enter fleet
Scoot will take delivery of its third and fourth Embraer E190-E2 in September and October, as it adds two destinations to its Southeast Asian network.
-
NewsAJet adds extra back-up aircraft to bolster operations
Turkish Airlines low-cost unit AJet lifted to a dozen the number of back-up aircraft as well adding more buffer into its operations as part of efforts to bolster its performance amid challenges to its aircraft availability.
-
NewsLATAM to invest $2bn in Brazil in the next two years
Chile’s LATAM Airlines Group has pledged to invest $2 billion in Brazil in the next two years, focusing on “products, technologies and services for passengers as well as aeronautical maintenance activities”.
-
NewsFly Lili cleared to introduce A319 after spat with Romanian regulator
Romanian carrier Fly Lili has secured approval to introduce an Airbus A319, weeks after a row with the country’s civil aviation regulator over hold-ups in the process. Fly Lili says it has “successfully completed” the induction of the A319 (YR-LIC) onto its air operator’s certificate. The aircraft will be stationed ...
-
NewsSupply chain woes ‘significant’, but Singapore-based carriers remain ‘poised for growth’: consultancy
A new report from Alton Aviation Consultancy on the Singapore aviation sector has warned that supply chain issues – including a shortage of jets – are likely to persist into the medium term, even as the country’s airlines remain “poised for growth”.
-
NewsHigher costs dent Turkish Airlines’ second-quarter profit despite cargo lift
Turkish Airlines operating profits slipped 25% in the second quarter to $591 million amid heightened cost and unit revenue pressure, despite reporting a near 10% jump in revenues.
-
NewsVirgin trims direct A350-1000 order as it signs for additional A330-900s
Virgin Atlantic appears to have reduced its order commitment for Airbus A350-1000s as it signed for seven A330-900s during this year’s Farnborough air show. The UK carrier originally planned to take 12 A350-1000s – eight on direct order and another four acquired through US lessor Air Lease – through an ...
-
NewsIndiGo reveals new business class product with Recaro as seat supplier
IndiGo has officially unveiled its new business-class product, picking Recaro as its supplier for the new seats that will be found on new Airbus A321neos.
-
NewsAir Astana fleet growth ahead of track
Air Astana Group now expects to end the year with three more aircraft than originally planned as it bids to counter the impact of lost capacity from ongoing Pratt & Whitney engine inspections impacting some of its Airbus A320neo fleet.
-
NewsRoyal Air Maroc revisits Beijing route after pandemic wrecked previous launch
Oneworld alliance carrier Royal Air Maroc is restarting a service to Beijing after the pandemic forced it to abandon the route just weeks after a previous launch attempt. Royal Air Maroc opened the connection in January 2020 but withdrew after a few weeks as the outbreak of Covid-19 started disrupting ...
-
NewsNorse claims first Norway-Australia nonstop with chartered 787-9 flight to Darwin
Norse Atlantic Airways has conducted a service between Oslo Gardermoen and Darwin, claiming the first nonstop flight between Norway and Australia. The long-haul budget carrier operated the charter flight with a Boeing 787-9 (LN-FNB) – powered by Rolls-Royce Trent 1000 engines – which took off at about 06:50 on 3 ...
-
NewsSun Country curbs expansion as competition erodes airfares
Sun Country Airlines has curtailed growth plans for the second half of 2024, becoming the latest US discount carrier to do so in response to sagging fares what executives describe as an over supply of seats.
-
NewsAer Lingus ‘re-engaging’ with IAG management on A321XLR after pilot deal
Aer Lingus hopes to reignite plans to introduce the Airbus A321XLR into its fleet following the signing of a new labour agreement with its pilots in July.
-
NewsUS operator Alpine Air Express tentatively agrees to take ERA hybrid-electric cargo aircraft
US regional freight charter carrier Alpine Air Express has tentatively agreed to acquire up to 75 of the French-developed Aura Aero ERA hybrid-electric aircraft. The carrier, based in Utah, uses a fleet of some 80 regional turboprops including the Beech 99, 1900C and 1900D. Alpine Air Express has signed a ...
-
NewsAdequate Air Europa remedies harder to identify for IAG’s second bid: EU
Air Europa’s improved performance since 2021 made it harder to identify sufficient remedies during IAG’s second failed attempt to acquire the Spanish carrier, according to the European Commission.