All Airlines articles – Page 146
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News
Sole An-225 suffered irreparable damage during airfield assault
New images of the conflict damage at Kyiv’s Gostomel airfield confirm that the sole operational Antonov An-225 has been destroyed while parked in a hangar on the site. While the status of the iconic six-engined freighter had remained unclear for several days after conflict erupted in Ukraine, images had emerged ...
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Lessor Avation spots signs of industry recovery
Lessor Avation has observed improving conditions as the airline sector starts to emerge from the coronavirus pandemic, and provides an update on customer Philippine Airlines (PAL).
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Singapore broadens vaccinated travel scheme; adds Greece, Vietnam
Singapore is expanding its Vaccinated Travel Lane (VTL) programme for vaccinated travellers, likely providing a boost to passenger traffic into the city state.
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Lufthansa eyes ‘second CityLine’ through new AOC operation
Lufthansa Group chief executive Carsten Spohr describes plans for a new AOC within the group as a “second CityLine” operation, noting it would be of similar size and have the same terms for staff as the regional unit.
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Lufthansa in the hunt for additional widebody opportunities
Lufthansa Group will look at the opportunistic acquisition of widebody aircraft, particularly Airbus A350s and Boeing 787s, that were previously destined for sanction-hit Russian carriers.
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Russian airspace crisis prompts Finnair to open talks on bringing back furloughs
Oneworld carrier Finnair is to hold talks with unions over the possibility of furloughing flightcrew for up to 90 days in response to the disruption caused by the closure of Russian airspace.
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Lufthansa ‘closely monitoring’ airline consolidation: Spohr
Pan-European airline operator Lufthansa Group is keeping options open on its proposed tie-up with new Italian carrier ITA Airways as it says it is “monitoring closely” renewed consolidation trends in the sector.
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Embraer follows big two and cuts ties with Russian airlines
Embraer has become the latest aircraft manufacturer to sever ties with Russia following its invasion of Ukraine.
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Lufthansa sees ‘significant improvement’ for 2022 after halving full-year loss
Lufthansa Group is forecasting a “significant improvement” in operating profit from the second quarter onwards as travel demand continues to pick-up, but has stopped short of projecting a full-year outlook amid fresh global uncertainties including the Ukraine crisis.
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BOC Aviation buys 11 737 Max 8s headed to Canadian start-up Lynx
BOC Aviation has purchased 11 Boeing 737 Max 8s due for delivery to Canadian start-up Lynx Airlines in 2023-24.
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Former JetBlue and short-time Delta manager to join American
Scott Laurence, JetBlue Airways’ former head of revenue and planning, who left the carrier earlier this year to work at Delta Air Lines, only to resign after a month, will join American Airlines “in the coming days”.
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Canada’s WestJet plans to acquire Sunwing Airlines
Canada’s WestJet will acquire low-cost vacation specialist Sunwing Airlines, along with its Sunwing Vacations tour operator business, shaking up the country’s low- holiday travel sector.
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Former Turkish chairman turns down Air India chief executive role
Former Turkish Airlines chairman Ilker Ayci has turned down the chief executive role at Air India, two weeks after the airline’s new owners Tata Sons announced his appointment.
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Boeing cuts Russian airline support; Ukraine mounts Su-24, Su-25 strikes
Boeing has suspended all support for Russian airline customers amid Russia’s continuing invasion of Ukraine, while Kyiv claims that its air force is still in action.
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Frontier to add crew base in Phoenix in November
Frontier Airlines plans to open a crew base in Phoenix later this year as it expands its reach ahead of a planned merger with US ultra-low-cost carrier (ULCC) rival Spirit Airlines.
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Dutch study highlights feasibility of all-electric flights by 2026
Dutch researchers have concluded that the operation of small sub-regional electric aircraft on short routes in the Netherlands should be possible by 2026.
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Etihad still ‘on’ for reaching profit in 2023: Douglas
Etihad Airways group chief executive Tony Douglas believes the restructured UAE carrier is still on track to meet its original target of returning to profit in 2023 despite the negative impact of the pandemic.
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Airline Business
EU sanctions against Russia will hit lessors hardest, but other aerospace players also impacted
Neither Airbus nor Boeing has significant backlog exposure to the Russian market, but the leasing industry appears harder hit by the sanctions imposed by the European Union against Moscow in the wake of its invasion of the Ukraine.
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Cargo and strong second half help Etihad cut losses in 2021
Etihad Airways cut its full-year core operating loss to $476 million for 2021, aided by improved passenger demand in the second half and record cargo revenues.
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Capital A upbeat despite aviation revenue dive in 2021
The aviation business of Malaysia’s Capital A – formerly the AirAsia Group – saw aviation revenue plummet by two thirds in a brutal 2021 financial year. For the year ended 31 December 2021, the group’s aviation business posted revenues of MYR997 million, down 65% from 2020, according to its full-year ...