All Airlines articles – Page 144
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News
IndiGo sharply narrows net loss on soaring revenues
Indian low-cost carrier IndiGo sharply narrowed its first quarter net loss to INR10.6 billion ($134 million), from a net loss of INR31.7 billion in the first quarter of its 2023 financial year.
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Allegiant posts higher Q2 revenue as costs also soar
Allegiant Travel Company, the parent of low-cost carrier Allegiant Air posted higher revenue and a small profit during the second three months of 2022 as expenses climbed.
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Copa Airlines boosts second-quarter revenue to $693m
Panama-based Copa Holdings, the parent of Copa Airlines, reported higher second-quarter profit and revenue amid a difficult operating environment.
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US DOT proposes new customer protections for air travellers
The US Department of Transportation (DOT) is proposing strong new consumer protections for airline customers travelling with both domestic and foreign carriers on scheduled service from, to or within the USA.
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American Airlines teams up with ZeroAvia to develop regional jet engine
American Airlines and zero-emissions propulsion specialist ZeroAvia have teamed up on a project to develop an engine for regional jet aircraft.
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Air China to raise CNY15 billion for 22 new aircraft
Air China will raise up to CNY15 billion ($2.2 billion) through a non-public share issuance, with the bulk of funds intended to fund the purchase of 22 new aircraft.
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Garuda removes CRJ1000s, sole 737 Max from fleet
Garuda Indonesia is to return its Bombardier CRJ1000s to lessors, as part of a fleet rationalisation strategy that will see the carrier operate between 60 and 70 aircraft by year-end – lower than earlier estimates.
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JetBlue Q2 revenue and costs rise, plans to integrate Spirit underway
JetBlue Airways boosted revenue in the second quarter of 2022 and has begun making preparations to swallow its newest prize, ultra-low-cost carrier Spirit Airlines.
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Air Canada Q2 revenue surges as it experiences rapid ramp-up
Air Canada slashed its quarterly loss as travel demand soared, and the company experienced “one of the steepest ramp-ups compared to any other airline in the western world”.
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Rex expands jet fleet, eyes profitability following ‘sterling’ July performance
Australia’s Regional Express is to acquire at least three more jet aircraft by year-end, as the airline discloses “sterling” operational performance in July, the start of the new financial year.
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JAL eyes imminent return to profitability as losses continue to narrow
Japan Airlines expects to swing back to the black by the quarter ending 30 September, as passenger travel and cargo segments continue to recover.
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Travel resurgence helps ANA sharply narrow operating loss
All Nippon Airways parent ANA Holdings sharply narrowed its operating loss in the first quarter of its 2022 financial year.
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Vietnam’s Bamboo names new chief executive
Vietnamese carrier Bamboo Airways has appointed a new chief executive following the departure of founding chief executive Dang Tat Thang.
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Australia’s Bonza takes delivery of first 737 Max 8
Australian low-cost startup Bonza has taken delivery of its first Boeing 737 Max 8 narrowbody, setting the stage for a possible commencement of services in late September.
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No injuries after Nok Air 737-800 slides off Thai runway
One of Thai carrier Nok Air’s Boeing 737-800s has skidded off the runway while landing at Chiang Rai airport in the far north of the country. It appears to have suffered an excursion from the left side of runway 03. The twinjet, operating flight DD108, was transporting 164 passengers and ...
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Transat secures up to C$150m more federal financial aid
Transat AT, the parent of Canadian leisure airline Air Transat, has secured an additional payroll loan worth up to C$150 million ($117 million) from the Canadian federal government.
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Carriers warned over uncontrolled re-entry of large Chinese launch vehicle
Europe’s air transport safety regulator has warned that the uncontrolled re-entry of a large Chinese space launch vehicle could potentially affect southern European airspace. The Long March CZ-5B is a heavy-lift vehicle being used to carry modules for a Chinese space station, with the most recent launch conducted on 24 ...
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Lion Air Group eyes long-haul foray to Istanbul with network ramp-up
Indonesia-based Lion Air Group is to restore and expand its international network as border restrictions ease, with the group eyeing long-haul flights to Istanbul.
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SkyWest Charter hopes to launch on-demand flights ‘shortly’
SkyWest Airlines hopes to launch its SkyWest Charter subsidiary “shortly”, a move the airline says will enable it to serve secondary cities with on-demand charters.
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SkyWest Q2 revenue jumps 22% as it adds 43 aircraft
SkyWest Airlines’ second-quarter revenue surged 22% year-on-year after it added almost four dozen aircraft to its fleet.