All Air Transport articles – Page 153
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NewsRussia’s S7 Airlines returns to full-year profit
Russian carrier S7 Airlines has turned in a profitable full year, with a pre-tax surplus of Rb12.7 billion ($156 million) for 2021. The figure reverses the Rb5.2 billion loss recorded during the previous year, which was heavily affected by the pandemic. S7’s revenues rose by 60% to nearly Rb156 billion, ...
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NewsAeroflot appoints head of Rossiya as new chief executive
Russian flag-carrier Aeroflot has confirmed a new chief executive, Sergei Alexandrovsky, who will succeed Mikhail Poluboyarinov. Alexandrovsky is the former head of group carrier Rossiya. Poluboyarinov had led the airline for less than 18 months since being appointed in November 2020. Aeroflot has not elaborated on the succession decision, confirmed ...
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NewsLegal spotlight of Qatar A350 dispute turns to cancelled A321neos
One consequence of Qatar Airways’ bitter dispute with Airbus over A350 fuselage paint deterioration has been Airbus’s cancellation of the carrier’s A321neo order, with the result that the airline is attempting to block the termination. Airbus’s legal argument for the 17 January cancellation of the 50 A321neos is based on ...
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NewsFlexjet goes on hiring spree amid business aviation boom
US fractional aircraft ownership company Flexjet is planning a major expansion in 2022 that includes the hiring of an additional 350 pilots.
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NewsBrussels Airlines names new chief operating officer
Lufthansa Group has selected Tilman Reinshagen as the new chief operating officer of its Brussels Airlines division. Reinshagen will take over from Edi Wolfensberger who has newly been appointed chief operating officer of Eurowings. Brussels Airlines says Reinshagen will take up his new post on 1 July. He has occupied ...
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NewsSafran powers up electric aircraft projects with Aura Aero
Safran Electrical & Power (SEP) is to collaborate with French start-up Aura Aero on two electric aircraft projects – including a 19-seat sub-regional hybrid design that could enter service in 2027.
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NewsCanada Jetlines targets summer launch
Start-up Canada Jetlines is targeting summer 2022 for its long-awaited launch, with plans to begin charter flights from Toronto Pearson airport.
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NewsFrontier Airlines seeks new Denver gates
To accommodate Frontier Airlines’ surging growth at Denver International airport, the ultra-low-cost carrier (ULCC) intends to develop a new 14-gate facility.
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NewsIsrael’s El Al appoints first female chief executive
Israeli flag-carrier El Al has appointed a female chief executive, Dina Ben Tal Ganancia, to succeed the departing Avigal Soreq. Ganancia will take up her position on 1 June, according to El Al. Source: El Al Ganancia will succeed the outgoing Avigal Soreq She previously serviced as ...
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NewsSAS defers interest payment on securities under restructuring scheme
Scandinavian carrier SAS is to defer interest payments on securities which fall due towards the end of April as part of its latest stabilisation plan. SAS states that it will defer the semi-annual payment of SKr36 million ($3.8 million) for 25 April, as well as the SKr138 million payment for ...
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NewsInquiry probes Air France 777-300ER control instability during Paris approach
French investigators are probing a flight-control instability involving an Air France Boeing 777-300ER during final approach to Paris Charles de Gaulle. The twinjet (F-GSQJ) had been arriving from New York JFK on 5 April, and had been aligned for approach to runway 26L. French investigation authority BEA states that the ...
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NewsEthiopian agrees sale-and-leaseback for latest Dash 8-400s
Ethiopian Airlines has entered a sale-and-leaseback agreement for a pair of De Havilland Canada Dash 8-400 turboprops recently delivered to the carrier. The aircraft involved – bearing serial numbers 4626 and 4628 – were handed to the African operator in February. Ethiopian Airlines has agreed their sale and leaseback, covering ...
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NewsSpirit’s board to weigh pros and cons of competing offers
While all eyes were on whether regulators would ultimately spoil Frontier Airlines’ planned takeover of Spirit Airlines, JetBlue Airways quietly hatched a spoiler of its own.
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NewsIATA chief cites China’s ‘outstanding’ airline safety efforts as MU5735 probe continues
IATA director general Willie Walsh has expressed confidence in the investigation into the crash of China Eastern Airlines flight MU5735, while praising China’s safety record during an extended period of huge traffic growth. Investigations are continuing into why a China Eastern Boeing 737-800 crashed while operating a Kunming-Guangzhou service on ...
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NewsJetBlue: Spirit acquisition helps its Northeast Alliance case with DOJ
In the wake of its proposed takeover of Spirit Airlines, JetBlue Airways finds itself peppered with questions about how such a move will affect its nascent “Northeast Alliance” (NEA) with American Airlines.
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Airline BusinessJetBlue would dismantle Spirit as ultra-low-cost competitor, become ‘larger JetBlue’
JetBlue Airways is pitching its proposed acquisition of ultra-discounter Spirit Airlines as a means to compete better against the four largest US airlines – carriers that through their own mergers now control some 80% of the US market.
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NewsDaher updates TBM family with TBM 960
French aircraft manufacturer Daher has unveiled its TBM 960, an updated variant of its TBM line of single-turboprop aircraft.
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Airline BusinessAir Baltic chief on Ukraine solidarity, Russia exit, airspace closures and IPO plans
Martin Gauss is running an airline based in a country – and operating from two others – whose proximity to Russia in geographical and historical terms heightens both the emotional and, in some cases, practical effects of the conflict.
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NewsConversion venture EFW names new chief executive
Freighter conversion venture EFW has named chief operating officer Jordi Boto as its new chief executive, succeeding the veteran Andreas Sperl. Sperl, whose career has included serving as Airbus chief financial officer, has stepped down from his post and left the company, says EFW. Source: EFW Boto’s career ...
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NewsHainan seeks to sell low-use A350s and lease others
Chinese carrier Hainan Airlines is to sell a pair of Airbus A350-900s, and offer another four of the type for lease. The carrier has detailed the plan in a formal tender invitation dated 2 April. It aims to divest the two A350s for sale – both delivered in late 2018 ...