All Airlines articles – Page 174
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NewsBoeing projects Middle Eastern carriers will maintain widebody demand
Middle Eastern operators will take delivery of 3,000 new aircraft over the next two decades, with a strong widebody presence, Boeing estimates in its latest forecast for the region. Ahead of the Dubai air show in November, the airframer states that these deliveries will include 1,320 widebody types as well ...
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NewsJapan Airlines to acquire up to 100 Vertical Aerospace eVTOLs from lessor Avolon
Japan Airlines intends to lease or purchase up to 50 of Vertical Aerospace’s in-development VA-X4 air taxis from aircraft lessor Avolon.
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NewsThai AirAsia parent to raise capital, adjust shareholding in revised restructuring plans
Thailand’s Asia Aviation is set to inject fresh capital into its low-cost airline unit Thai AirAsia, as part of a broader revised restructuring plan that will see significant changes to both companies’ shareholding structures.
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NewsAeromexico shows improved Q3 in line with industry
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline’s position during the third quarter of 2021 continued to improve in line with the global aviation industry.
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NewsUnited Airlines defies Delta variant dip to post $473m profit in Q3
United Airlines reports a small profit during the third quarter of 2021 as bookings bounced back from a Delta-variant-related dip early in the three-month period.
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NewsUK government SAF pledge welcomed but industry calls for action on cost
A £180 million ($248 million) subsidy from the UK government to stimulate sustainable aviation fuel (SAF) production in the country has been broadly welcomed by the industry, although it is calling for the government to do more to lower the price of the fuel.
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Airline BusinessWizz Air UK seeks ‘scaleable’ growth as testing change boosts demand
New Wizz Air UK chief executive Marion Geoffroy believes the scrapping of the more expensive PCR test for fully-vaccinated travellers from later this month will be a key driver of demand as the carrier ramps up capacity for Christmas travel.
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NewsHeathrow charges could rise more than 50% under CAA proposals
UK aviation regulators have set an initial range for London Heathrow airport to increase its passenger charges by between 11% and 56% over the next five years, but rejected the hub’s request for a higher rise to offset losses incurred during the pandemic.
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NewsAs Asia travel recovery commences, China keeps the walls up
As Asia-Pacific tentatively starts opening to international air travel, Beijing’s tough ‘Zero-Covid’ approach means an air travel recovery will be anything but complete for airlines.
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NewsHong Kong quarantines continue to pummel Cathay passenger traffic
Cathay Pacific has cited Hong Kong’s “strict quarantine requirements” as a key reason for low passenger travel demand into the territory.
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NewsAirAsia X proposes creditors take massive haircut: Reuters
Beleaguered long-haul, low-cost carrier AirAsia X proposes its creditors take a 99.5% debt haircut, so that it can restructure MYR33.7 billion ($8.1 billion) in liabilities.
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NewsAir Madagascar placed under court restructuring
Air Madagascar has been placed under a court-appointed restructuring process, the Indian Ocean island nation’s government has disclosed.
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NewsHot summer prompts Eurocontrol to predict speedier European air traffic recovery
Europe could see flight numbers back at 2019 levels as soon as 2023, according to the latest seven-year outlook report from Eurocontrol, as the air travel recovery gathers pace sooner than previously thought likely.
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NewsNew EU open skies deal with Qatar includes initial capacity caps
European Union regulators have signed an air transport services agreement with Qatar which includes capacity caps in some key markets before full access is implemented in 2024.
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NewsCabin virus transmission risk ‘extremely low’: ICAO conference paper
Risk of coronavirus transmission on board aircraft is lower than that for most other indoor environments, according to a paper presented to a high-level ICAO conference on aviation recovery from the pandemic. The ICAO conference – running from 12-22 October – is aiming to reach a global consensus on a ...
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NewsTycoon Lucio Tan to inject nearly Ps13 billion into PAL parent company
Filipino billionaire Lucio Tan is extending Ps12.8 billion ($251 million) in “fresh and additional capital” to the parent company of beleaguered Philippine Airlines.
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NewsAirlines welcome end of US coronavirus entry ban
Airlines on both sides of the Atlantic are expressing relief that the US government will soon lift entry restrictions for fully vaccinated air passengers from most of Europe, the UK and other countries.
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NewsAirbus sees quickening recovery driving strong demand for technicians
Airbus envisions demand for 100,000 pilots and 175,000 technicians over the next five years, believing that this is partly being driven by a quicker-than-expected recovery. Speaking during an Airbus Services event on 14 October, senior vice-president and customer services head Klaus Roewe said maintenance markets have suffered a 40% loss ...
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NewsIsraeli lessor Global Knafaim takes over pair of Delta A220s
Israeli lessor Global Knafaim Leasing has completed the acquisition of two Airbus A220s, operated by US carrier Delta Air Lines. The lessor has been in discussions over the transaction for several months but disclosed on 14 October that it had finalised the deal for both jets. Both aircraft are 2018 ...
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NewsAirAsia beefs up in-service fleet as travel resumes in Malaysia
With Malaysia’s removal of internal travel restrictions, AirAsia is reactivating large segments of its fleet as local demand ramps up.