All Air Transport articles – Page 127
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NewsEl Al firms tourism joint-venture with travel company Issta
Israeli flag-carrier El Al has firmed its agreement with travel company Issta following their tentative deal to establish a tourism and package-holiday joint venture. El Al says it will hold 60% of the new subsidiary’s shares while Issta takes the 40% balance. The venture will develop, market and sell tourism ...
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NewsSaudi start-up Riyadh Air unveils network co-operation pact with Turkish Airlines
Saudi Arabian start-up carrier Riyadh Air has provisionally agreed to enter a strategic co-operation with Turkish Airlines. The agreement is set to include codeshare and interline operations between Riyadh and Istanbul, and the deal will also cover “points beyond”, the Saudi carrier says. “Guests of both airlines will be able ...
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NewsIsrair acknowledges renewed merger interest from leisure carrier Arkia
Israir Group has acknowledged an approach from fellow Israeli leisure operator Arkia regarding a potential tie-up between the two airlines. It has not given details of any proposal, and points out that the contact is preliminary. Israir Group states that it examines applications for “various business opportunities” from companies and ...
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NewsEmbraer reveals first E190F as P2F conversion programme keeps pace
Embraer is advancing its passenger-to-freighter (P2F) conversion programme on schedule, with delivery of the first E190 Freighter set for the second quarter of 2024.
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NewsEl Al takes steps to mitigate conflict impact after profitable third quarter
Israeli flag-carrier El Al expects a 5-10% reduction in capacity over the fourth quarter, as a result of the Gaza conflict, and a fall in load factor, but it has yet to estimate the impact on the first quarter of next year. El Al says it experienced initial high demand ...
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NewsSAS to reduce ‘complex’ mainline wet-leasing arrangements next year
SAS is looking to cut back on the number of wet-lease agreements it has entered, in order to simplify its operation as it emerges from US Chapter 11 protection. The airline’s full-year financials show that wet-lease expenditure increased substantially, to SKr2.6 billion ($250 million), compared with pre-crisis figures of around ...
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NewsImproved SAS commercial performance 'cloaked' by fuel and currency effects
Scandinavian carrier SAS has turned in a full-year operating loss of SKr2.7 billion ($260 million) and net loss of SKr5.7 billion, as it enters the final stages of its restructuring programme under US Chapter 11 protection. Revenues for the year reached SKr42 billion, as passenger numbers rose by one-third to ...
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NewsTwo Unity Air EMB-120s suffer separate serious accidents, hours apart, at same airport
Tanzanian regional carrier Unity Air Zanzibar has been involved in a bizarre occurrence during which two of its Embraer EMB-120 turboprops were involved in separate accidents at the same airport within hours. According to conservation organisation Tanzania National Parks, one of Unity Air’s EMB-120s “encountered a technical problem” while landing ...
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NewsIsrair shelves plan for additional A320s at least until Gaza conflict subsides
Israeli leisure carrier Israir Group has suspended plans to introduce another pair of Airbus A320s next year, as a result of the Gaza conflict. The airline has been operating six A320s this year – two owned and four on long-term dry lease – and it tentatively agreed in August to ...
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NewsAvia Solutions expands Asian reach with new Thai division for BBN Airlines
Avia Solutions Group is establishing a new airline operating in Thailand, extending the presence of its BBN Airlines brand following its creation of an Indonesian division. The new operator, BBN Airlines Thailand, is intending to offer wet-lease and passenger charter activity to customers in the region. It will use a ...
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NewsTextron plans job cuts at Bell and Textron Systems divisions
Textron is cutting 725 jobs at three divisions including subsidiary helicopter maker Bell, part of a restructuring aimed at cutting costs.
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NewsSpirit’s management shake up continues as Marnick leaves COO role
Longtime Spirit AeroSystems executive Samantha Marnick has left the company and her role as chief operating officer, a change the company describes as part of an effort to improve its operation and product quality.
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NewsRolls-Royce reiterates narrowbody ambitions with UltraFan technology and possible partner
Rolls-Royce has reiterated its intention to re-enter the market for narrowbody engines using technology from its UltraFan demonstrator in partnership with another supplier.
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NewsAegean shareholders indicate preference for ending Greek government’s right to diluting stake
Aegean Airlines has signalled that its shareholders favour buying back warrants relating to pandemic compensation, rather than allow the Greek government to exercise its right to take a diluting share in the carrier. The Greek government provided €120 million ($132 million) to compensate the company for losses caused by the ...
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NewsAir Transat and Porter plan closer collaboration through joint venture
Canadian operators Air Transat and Porter Airlines have agreed to coordinate flight schedules and routes under a new joint venture aimed at helping both carriers expand.
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NewsNigeria’s Ibom takes first A220 from order for 10
Nigerian operator Ibom Air has received its first new Airbus A220-300, one of 10 ordered by the carrier. Ibom Air has already gained experience with A220s operations after it temporarily leased a pair from EgyptAir in 2021. It subsequently disclosed an order for 10 of the twinjets during the Dubai ...
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NewsProposed UK start-up Ecojet reaches agreement for ZeroAvia engines on electric fleet
Proposed UK start-up carrier Ecojet is intending to equip its fleet with engines from hydrogen-electric propulsion specialist ZeroAvia. Ecojet aims to commence services next year, initially with conventionally-fuelled regional aircraft, with plans to switch to electrically-powered versions once the powerplants are certified. The carrier has reached an agreement covering 70 ...
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NewsAegean adapts operations as it seeks compensation for A320neo engine issues
Greek carrier Aegean Airlines is expecting to reach, by the end of this year, a compensation agreement with Pratt & Whitney over disruption arising from engine inspections on its Airbus A320neo-family jets. Speaking during a 24 November briefing, Aegean chair Eftichios Vassilakis said the airline had been holding “significant discussions” ...
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NewsWet-lease specialist Hi Fly acquires another pair of A330s
Wet-lease operator Hi Fly has acquired a pair of Airbus A330-200s to expand its capacity, placing them on the Maltese register. Both aircraft are identically configured, says the company, with 269 seats – including 18 in the business-class cabin and 251 in economy. “These modern and reliable acquisitions will further ...
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NewsAurigny said to be swapping its E195 for more ATRs
Guernsey-based regional carrier Aurigny is to replace its single Embraer 195 with a pair of ATR 72 turboprops, as part of a simplification plan. The airline has six aircraft but the E195 is the only jet in the fleet. Chief executive Nico Bezuidenhout says the plan will “rebalance” the fleet, ...