All Airlines articles – Page 171
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News
SIA, United sign secretive partnership MOU
Singapore Airlines and United Airlines have signed memorandum of understanding (MOU) related to a “partnership” between the two airlines.
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News
Sun Country has a ‘great’ third quarter, turning $14m profit
Sun Country Airlines benefited from rebounding leisure traffic during the third quarter of 2021, ending the period with a small profit.
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Argentina re-opens to vaccinated foreign tourists
Argentina, one of the last countries in Latin America to relax Covid-dependent entry restrictions, re-opens its borders to vaccinated foreign tourists on 1 November.
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American Airlines cancels almost 2,300 flights in four days
American Airlines has cancelled 2,291 flights since 29 October as inclement weather and staff shortages threw the airline’s schedule into disarray.
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AerCap completes GECAS acquisition to create leasing giant
Irish-based lessor AerCap has completed its acquisition of US leasing giant GECAS, a transaction which gives General Electric around a 46% shareholding in AerCap. Closure of the deal turns AerCap – which had previously absorbed lessor ILFC – a fleet of over 2,000 aircraft and 900 engines, plus more than ...
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Hainan Airlines secures court approval for restructuring
Hainan Airlines Holdings has gained the crucial green light from a local court for its restructuring plan, which will see it merge with 11 smaller airlines into a single carrier.
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AirAsia X faces possible delisting after auditors issue disclaimer of opinion
Beleaguered long-haul, low-cost carrier AirAsia X could be delisted from the Malaysian stock exchange if it fails to successfully restructure its business.
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Covid-19 resurgence pushes China’s ‘Big Three’ deeper in the red
China’s three largest carriers widened their net losses for the third quarter of the year — despite an increase in revenue — as recent spikes in coronavirus infections dealt a “sustainable impact” on profitability.
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France-backed consortium begins flight tests of 100% SAF-powered single-aisle
A French government-backed aerospace consortium has launched a study of a single-aisle jet running on 100% sustainable aviation fuel (SAF), with the flight-test campaign kicking off on 28 October.
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Domestic lift helps Aeroflot turn a profit for the third quarter
Aeroflot turned a group profit under Russian accounting standards for the first time since the pandemic in the third quarter, driven by a strong domestic traffic performance during the period.
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News
Pressure mix-up preceded altitude alert for CRJ1000 approaching Nantes
French investigators have indicated that a minimum safe altitude alert for a Bombardier CRJ1000 was triggered after its crew misunderstood a pressure setting. The aircraft was being operated by Air France regional division Hop on a domestic service from Lyon to Nantes on 20 October. According to investigation authority BEA ...
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SkyTeam confirms ITA to replace Alitalia as Italian partner in alliance
SkyTeam has confirmed that new Italian carrier ITA Airways will replace defunct national operator Alitalia in the global alliance.
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Avianca A320 records exceptionally hard landing during airport test flight
Colombian investigators are probing a serious incident in which an Avianca Airbus A320 made a hard landing following an approach to Ibague airport, west of Bogota. The twinjet (N742AV) was carrying out an approach to runway 32, during an initial operational check to validate new approach procedures, according to French ...
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Wizz dismisses executive over undisclosed share trading
Wizz AIr has dismissed its chief supply officer over a series of undisclosed share dealings following an investigation by the Financial Conduct Authority, the UK’s finance regulator.
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ANA cuts full-year earnings forecast, citing ‘delay’ in recovery
All Nippon Airways parent ANA Holdings expects to be loss-making for the full-year, as it cites a “delay in full recovery” from the “extended impact” of a prolonged coronavirus pandemic globally.
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Airline Business
Cathay recovery still uncertain, amid prolonged border closures, fresh competition
More than a year after a massive restructuring, Hong Kong’s embattled Cathay Pacific looks to enter 2022 with its recovery in jeopardy, as the city’s international borders remain tightly shut, and new competition takes shape in its home turf.
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Philippine court grants local recognition for PAL Chapter 11 filling
Philippine Airlines has gained approval from a local court for a petition to formally recognise its Chapter 11 bankruptcy protection process in the USA .
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News
Chilean court gives green light to Delta-LATAM joint venture
Chile’s competition authority TDLC has given the green light to LATAM Airlines Group and Delta Air Lines to implement their planned joint venture.
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News
IndiGo widens Q2 operating loss; revenue sharply higher
Indian low-cost carrier IndiGo saw operating losses widen to INR14 billion ($187 million) for its second quarter ended 30 September, compared with an operating loss of INR12 billion a year earlier.
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SkyWest Q3 revenue reaches $745 million
US regional carrier SkyWest Airlines reported a small profit for the third quarter as it experienced increased demand for its services.