All Airlines articles – Page 143
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NewsCathay Pacific cuts losses despite ‘particularly unfavourable’ start of year
Cathay Pacific Group narrowed its losses for the six months to 30 June on the back of a significant jump in passenger travel revenues, despite what it calls a “particularly unfavourable” operating environment at the start of the year.
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NewsTaiwanese carriers remain in the black amid rising costs
Taiwan’s two largest carriers were profitable in their second-quarter financial results, even as costs and expenses continued to steadily increase.
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NewsSpirit cuts Q2 losses as revenue lift counters rising costs
JetBlue-bound discount carrier Spirit Airlines cut its pre-tax losses for the second quarter to $67.5 million as better than expected revenues helped counter higher fuel costs for the period.
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NewsMesa posts fiscal Q3 loss amid increasing pilot shortage issues
Mesa Air Group, the parent company of Mesa Airlines, posted a loss for its fiscal third quarter as the company’s block hours fell and it continues to suffer from the pilot shortage.
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NewsSun Country sees higher leisure demand, struggles with ‘training challenges’
Sun Country Airlines notched higher revenue during the second quarter of 2022, as leisure travel demand rose. However, the Minneapolis, Minnesota-headquartered carrier joins its airline peers across the USA in struggling with ensuring it has enough qualified and current flight crew to cover all of its needs.
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NewsChinese carriers help lift Airbus net orders by nearly 400 aircraft
Airbus has added nearly 400 net orders to its total for the year, following a strong July, and includes the large agreement for aircraft from four Chinese carriers. These Chinese operators are collectively taking 196 A321neos, plus 82 A320neos and 14 A319neos. Airbus also recorded 39 A321neo orders from LATAM, ...
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NewsTitan cuts losses and sees profits ahead after freight expansion
UK carrier Titan Airways highlights the diversification of its activities, including the introduction of Airbus A321 converted freighter operations, as driving a sharp cut in losses for the year ending March 2022 and bright prognosis for the coming year.
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NewsHard 737 landing seriously injured harnessed flight attendant
US investigators have disclosed that a seated cabin crew member suffered a serious spinal injury after a Boeing 737-700 landed hard at Santa Ana airport in California. According to the National Transportation Safety Board, the flight attendant – harnessed in the aft jumpseat – said the Southwest Airlines jet “hit ...
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NewsAir Lease encouraged by pace of long-haul aircraft placements
US lessor Air Lease is optimistic that the long-haul sector is showing signs of following the short-haul market into recovery, claiming that 80% of aircraft on its widebody order book have been placed. Speaking during a second-quarter briefing, chief executive John Plueger said commercial aircraft demand was continuing to strengthen, ...
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NewsAustralia’s Alliance Aviation exits turboprop operations with Fokker 50 retirement
Australia’s Alliance Aviation has retired – and sold – its fleet of Fokker 50s, citing customer preference for jet aircraft on charter operations.
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NewsRussian civil aviation violations put ICAO credibility at risk: European Commission
Continuing Russian government violation of civil aviation safety procedures threatens the broader credibility of ICAO, the European Commission has warned. Russia is an ICAO Council member but the Commission states that it is “actively working against” principles laid down to ensure air transport safety. Such actions put ICAO’s overall credibility ...
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NewsSwiss to wet-lease up to six Airbus A220s from Air Baltic
Swiss will lease as many as six Airbus A220-300 aircraft from Air Baltic in order to “stabilise its schedules” in the coming months.
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NewsRolls-Royce chief sees ‘breathing space’ in widebody delivery ramp-up
The market for new widebody powerplants served by Rolls-Royce is not experiencing the “very intense” pressures on supply chains seen in the narrowbody sector, according to the engine-maker’s outgoing chief executive Warren East. Speaking during a first-half earnings call on 4 August, East explained that while the single-aisle market is ...
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NewsCanadian DC-3 crash probe flags culture of skirting safety margins
Investigators believe a Canadian carrier’s operational culture, which prioritised mission completion over regulatory compliance, contributed to breaches of safety procedures and the crash of a modified Douglas DC-3 during an attempt to land at Sachigo Lake airport in Ontario. The inquiry highlights, in particular, the decision by the North Star ...
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NewsKorean Air operating profit powers ahead on strong revenue growth
Korean Air saw its operating profit in the second quarter of its 2022 financial year nearly quadruple to W736 billion ($569 million).
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NewsCanada Jetlines delays first revenue flights to 29 August
Start-up leisure carrier Canada Jetlines has pushed back its launch date less than two weeks before it was due to operate its inaugural flight.
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NewsAtlas Q2 revenue climbs to $1.2b due to greater cargo demand
Atlas Air Worldwide Holdings, the parent of cargo and passenger carrier Atlas Air, profited from greater cargo volumes amid restricted capacity in the second quarter of 2022.
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NewsApollo-led investor group to acquire Atlas Air Worldwide for $5.2bn
US freight and passenger carrier Atlas Air Worldwide Holdings has agreed to be acquired by an investor group led by Apollo Global Management in an all-cash deal worth $5.2 billion.
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NewsIndiGo’s international market rests on domestic strength
Indian low-cost carrier IndiGo views its dominance in India’s domestic market as a key element in its international growth strategy.
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NewsRussian government hands out subsidies to support beleaguered carriers and airports
Russia’s federal aviation regulator has outlined the scale of subsidies paid to support the country’s air transport industry following the introduction of international sanctions resulting from the Ukrainian conflict. Rosaviatsia is implementing four support schemes with a budget of over Rb125 billion ($2 billion). Thirty-two airlines have received a combined ...