All Airlines articles – Page 19
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Airline BusinessSpirit ‘still flying’ at outset of financial restructuring as liquidation warnings arise
As Spirit Airlines executes a long-foreshadowed decision to undergo financial restructuring, some analysts foresee short-term turbulence ahead for Spirit – and even the potential liquidation of its fleet
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Airline BusinessA year on, supply chain woes continue to haunt Asia-Pacific carriers
Airline leaders of several Asia-Pacific carriers have lamented a long-drawn battle against supply chain issues, calling for greater collaboration and for industry associations to “take up the issue”.
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NewsSpirit Airlines eyes Q1 exit after filing for ‘streamlined’ Chapter 11 restructuring
Struggling US budget carrier Spirit Airlines has filed for a pre-arranged Chapter 11 restructuring process, from which it hopes to emerge in the first quarter of next year having already secured investment commitments from existing bondholders.
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Airline BusinessWeek 47 2024: Spirit files for Chapter 11 bankruptcy protection
Eyes are on Spirit Airlines as the week begins, after the US low-cost carrier announced on Monday that it was entering Chapter 11 bankruptcy protection
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NewsBoeing appoints former Vanguard chief Tim Buckley to board of directors amid financial turbulence
Boeing has appointed to its board of directors former The Vanguard Group chief executive Tim Buckley, a move coming as the US airframer grapples with a cash crunch related to a weeks-long production pause that ended earlier this month.
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NewsAzul sees fleet deliveries supporting capacity growth plan for 2025
Brazilian carrier Azul believes it has secured enough additional aircraft to support its target of increasing capacity by 10% next year.believes it has secured enough additional aircraft as it targets a 10% increase in capacity next year.
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Airline BusinessAirline news digest: 9-15 November
Our regular rundown of the biggest airline stories from the past seven days
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Airline BusinessAzul looks to long-term after debt restructuring boost
While Azul had a positive story to tell around its third-quarter financial performance – despite continued challenges in the market – it was the significance of debt restructuring which saw its executives strike a markedly brighter tone.
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NewsHainan unit Urumqi Air no longer C919 customer following order rejig
Hainan Airlines group has adjusted its Comac aircraft order, with unit Urumqi Air to no longer take delivery of 30 C919s.
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NewsCommuter carrier Cape Air adorns Islander aircraft with Caribbean-themed livery
US commuter carrier Cape Air has revealed a Britten-Norman BN-2 Islander adorned with a colourful Caribbean-themed livery to celebrate its 35th year of operations.
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NewsBolstered Azul sees profits lift in third quarter
Brazilian carrier Azul boosted profitability and revenues in the third quarter as the low-cost carrier struck a positive note on the rest of this year and beyond.
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NewsSpiceJet to add more routes after ‘milestone’ settlement to secure 13 Q400s
Restructuring Indian low-cost carrier SpiceJet will add more flights using reactivated De Havilland Canada Dash 8 Q400s after disclosing a settlement to take ownership of 13 of the twin-turboprops.
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NewsRoyal Brunei seeks India, North Asia network opportunity
Royal Brunei Airlines eyes network opportunities in North Asia and India, as it looks to “key regions” for future network growth.
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NewsAbra chief sees Avianca and Gol stepping up co-operation
Chief executive of Latin American airline holding group Abra Adrian Neuhauser sees more customer-facing co-operation rolling out between partner carriers Avianca and Gol next year.
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Airline BusinessAvianca turns attention to yields, shifts capacity from oversupplied domestic market
Colombian carrier Avianca is launching 14 more international routes this winter – atop nine it already started flying this year – as it reallocates capacity from the oversupplied domestic segment to higher-yielding markets.
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NewsATR abandons STOL variant
ATR has ended its effort to develop a short take-off and landing (STOL) variant of the ATR 42-600 after failing to secure as many orders as it had hoped.
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NewsGol aims to complete Chapter 11 restructuring by end April
Restructuring Brazilian carrier Gol is hoping to exit Chapter 11 bankruptcy protection by the end of April as it today reported progress in restoring capacity during the third quarter.
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NewsJapanese carriers flag continued imbalance in Mainland China recovery
Japan’s two largest carriers are seeing slower-than-expected recovery on their Mainland China network, echoing a sentiment made a year ago in the aftermath of the easing of Covid-19 restrictions.
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NewsLion Air becomes first low-cost member of AAPA
Indonesian low-cost carrier Lion Air has joined the Association of Asia Pacific Airlines (AAPA), becoming the first low-cost carrier to enter the grouping.
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NewsEcojet launches £20m funding push as it targets AOC
UK green aviation start-up Ecojet Airlines has appointed Wyvern Partners to lead a £20 million ($25 million) capital raise – enough to satisfy regulatory requirements and enable the launch of operations.
