All Airlines articles – Page 18
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Airline Business
Q3 2024 performance report for benchmark Asia-Pacific airlines
Full third-quarter 2024 earnings from Airline Business’s benchmark carriers in the Asia-Pacific region show the fall in profitability that began in the April-June period continuing into the second half of the year, amid higher costs and yield moderation
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News
Heart Aerospace picks Plattsburgh for HX-1’s first flight
Sweden’s Heart Aerospace has selected Plattsburgh International airport in upstate New York as the location for the maiden sortie of its HX-1 demonstrator – a flight that will take place with a pilot on board.
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News
JAL, IndiGo poised to launch codeshare flights
Japan Airlines and Indian low-cost operator IndiGo will commence their codeshare arrangement from 16 December.
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News
Spirit Airlines warns of ability to remain ‘going concern’ as restructuring continues
Spirit Airlines, which recently entered bankruptcy court protection, has “substantial doubt” about its ability to continue operating during the next year due to steep financial losses amid difficult market conditions.
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News
Virgin Atlantic chief still eyes profit return this year
Virgin Atlantic chief executive Shai Weiss continues to be hopeful the carrier can return to profit for the first time since 2016 this year.
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Airline Business
Week 48 2024: Trump predictions as busy Thanksgiving approaches
As US airlines prepare for the immediate challenge of the Thanksgiving getaway, they also have one eye on what Donald Trump’s re-election might mean for the industry.
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News
One crew fatality after inbound 737 freighter crashes north of Vilnius airport: police
Preliminary information from Lithuanian police indicate one crew fatality from the four occupants of a Swiftair Boeing 737 cargo aircraft which crashed north of Vilnius airport early on 25 November. Three other crew members were injured, the police state, after the jet came down near a main highway about 0.6nm ...
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News
Air NZ does not see aircraft availability improving until 2026
Air New Zealand continues to suffer availability issues with its Boeing 787-9 and Airbus A320neo family jets, which will remain a drag on earnings.
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News
Azimuth Superjet burns after ‘rough landing’ at Antalya
Passengers have been evacuated from a Yakovlev Superjet 100 operated by Russian carrier Azimuth, after it caught fire upon arrival at Antalya. Images from the scene circulating on social media show emergency services dealing with an intense blaze on the left side of the aircraft. Azimuth indicates that the incident ...
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News
NTSB investigating 737 Max smoke incident amid Leap-1B ‘load reduction device’ scrutiny
An engine-related concern involving Boeing’s 737 Max has caught the attention of both the National Transportation Safety Board (NTSB) and a Federal Aviation Administration panel, which has reportedly recommended new pilot procedures and a change to software that manages the engine bleed air system.
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Airline Business
Airline news digest: 15-22 November 2024
Our regular rundown of the biggest airline stories from the past seven days
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Airline Business
What might new European Commission mean for airlines?
Delegates met at this year’s IATA-organised Wings of Change Europe conference in Rome at a pivotal point for policy in the region – and beyond – as the new European Commission readies to take office.
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News
Copa trims network as Boeing delivery delays cut into growth
Panama’s Copa Airlines has cut four destinations from its network and again pushed back fleet growth plans due to a shortage of new jets from Boeing.
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Airline Business
Q3 2024 performance report for benchmark European airlines
Full third-quarter 2024 data from Airline Business’s benchmark airlines in Europe shows the region’s carriers arresting most of the year-on-year falls in profitability seen in the second quarter of the year
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News
London Gatwick turns on SmartStand trial alongside EasyJet
London Gatwick and UK budget carrier EasyJet are midway through a small-scale operational trial of a new AI-enabled remote gate-monitoring system which could boost airline efficiency through optimising turn times.
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In depth
Flying 747s at age 23: how Paola Velasco shattered biases in Bolivia’s airline industry
Paola Velasco became the first female pilot in command for a Bolivian airline. Currently expecting her first child, she is hoping to overcome a medical condition that has kept her out of the cockpit.
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News
SAA claims positive full-year results for first time in over a decade
South African Airways has disclosed its full-year results for the fiscal year to March 2023, claiming a net profit of R252 million ($14 million). The carrier’s management board unveiled the performance during its annual general meeting in Johannesburg on 20 November. SAA emerged from business rescue in September 2021. But ...
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News
Spirit Airlines expects stock to be de-listed from US exchange amid Chapter 11 proceedings
Days after disclosing plans to restructure through Chapter 11 bankruptcy, Spirit Airlines says it expects to be de-listed from the New York Stock Exchange.
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News
Estonia’s Nordic Aviation Group files for bankruptcy after privatisation collapses
Estonian carrier Nordic Aviation Group has ceased operations and filed for bankruptcy after a proposed investor pulled out of a planned privatisation.
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Airline Business
Q3 2024 performance report for benchmark North American airlines
Full third-quarter 2024 data for Airline Business’s benchmark airlines in North America shows an improved year-on-year profitability picture since the second quarter