All Airlines articles – Page 138
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NewsEasyJet chief sees chance to ‘significantly’ cut winter losses
Chief executive Johan Lundgren believes EasyJet is in position to significantly reduce losses incurred over the winter and ultimately for the off-season period to become profitable for the carrier.
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NewsIndiGo reports record Q4 profit as currency weighs on full-year result
Indian low-cost carrier IndiGo continued on a “path of profitability” in its fiscal fourth quarter, as it achieved a record net profit for the period of Rs9.19 billion ($111 million).
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NewsEasyJet narrows first-half losses
EasyJet cut pre-tax losses to £411 million for the first six months of its financial year on revenues 80% up year-on-year.
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NewsKorean-Asiana merger hits European Commission objections
The European Commission (EC) has taken a preliminary view in opposition to the merger of Korean Air and Asiana Airlines, citing the potential reduction in competition between South Korea and the European Economic Area and Europe.
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NewsThai to boost competitiveness with Thai Smile merger
Thai Airways International will merge its Thai Smile unit into the main company, to boost the combined carriers’ efficiency.
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NewsPilots’ strike authorisation vote to have ‘no impact’ on operations: FedEx
US-based logistics specialist FedEx is downplaying its pilots’ vote to authorise a potential strike as a collective bargaining tactic that will have ”no impact on our service”.
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NewsUS airlines gearing up for busy Memorial Day travel weekend
US airlines are gearing up for a busy Northern Hemisphere summer travel season that kicks off in 10 days with the first long weekend – marking US national holiday Memorial Day.
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NewsWestJet pilots threaten strike as airline responds with lockout notice
WestJet and its pilots are ratcheting up their labour conflict ahead of what is anticipated to be a busy travel weekend – the first of the upcoming travel season.
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NewsOman Air 737 grounded in Iran after sustaining debris damage on landing
One of Oman Air’s aircraft has been damaged by runway debris while landing in Iran, forcing the grounding of the jet. The Boeing 737-900ER had been operating the carrier’s WY2435 service – a chartered flight – from Muscat to Shiraz on 15 May. Oman Air says the twinjet sustained damage ...
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NewsAegean cuts pre-tax losses in first quarter on strong growth
Greek carrier Aegean Airlines cut its losses to below pre-pandemic levels for the first three months of 2023, with revenue nearly double last year's figure.
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NewsStrong yields and revenue help Pegasus narrow Q1 loss
Turkish carrier Pegasus Airlines narrowed its net loss in the first quarter to €22 million ($24 million) on record revenues for the period.
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NewsSIA cancels eight Boeing 737 Max orders in fleet rejig
Singapore Airlines (SIA) Group has cancelled orders for eight Boeing 737 Max 8 aircraft, as part of a wider Boeing order adjustment for “projected operational requirements”.
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NewsDeutsche Aircraft books first agreement for D328eco
Deutsche Aircraft has secured Private Wings as a launch customer for its D328eco, with the German operator signing a tentative agreement for the twin-turboprop.
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NewsHanoi officials consider second airport
Officials in Hanoi have proposed the construction of a second airport to serve the city, anticipating significant population growth in the coming decades.
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NewsJeju Air, Jin Air enjoy profits in first three months of 2023
South Korean low-cost carrier Jeju Air narrowed its operating loss for the 2022 financial year, while rival Jin Air swung to an operating profit in its first quarter.
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NewsSpiceJet cargo unit set to secure $100m investment
Indian carrier SpiceJet has struck a preliminary deal for a $100 million investment into its recently spun out logistics unit SpiceXpress.
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NewsAvianca ditches Viva combination plan
Colombian airline Avianca has cancelled plans to combine with financially strapped ultra-low-cost carrier Viva Air, citing what it describes as onerous conditions required by Colombia’s aviation regulator.
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NewsAir Canada’s Q1 passenger revenue more than doubles
Air Canada achieved a first-quarter record revenue of C$4.9 billion ($3.6 billion), up 88% from the same period a year ago as travel demand boomed following the global pandemic.
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NewsAura Aero reveals final design for hybrid-electric ERA but delays service entry
French start-up Aura Aero has frozen the design of its 19-seat hybrid Electric Regional Aircraft (ERA) but has pushed back service entry by at least a year.
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NewsSAA merger set for competition green-light after Takatso shareholders agree divestment
Investors with interests related to South African operator Lift have agreed to divest their involvement in the Takatso consortium that is to take a controlling interest in South African Airways, clearing a path for competition authorities to approve the deal. South Africa’s Competition Commission says it is recommending the country’s ...