All Airlines articles – Page 2
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NewsSAA 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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NewsSpirit 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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NewsEstonia’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 BusinessQ3 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
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NewsWalsh sees US carriers hopeful of 'lighter touch' on industry from Trump administration
IATA chief executive Willie Walsh believes US president-elect Donald Trump’s previous support of the airline industry during Covid and likely lighter regulatory touch mean US airline leaders are generally “net positive” about the incoming administration.
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NewsITA Airways chief hopes for Lufthansa final approval before Commission change
ITA Airways chair Antonino Turicchi is hopeful the Italian carrier will secure final approval for its protracted acquisition by Lufthansa Group from the outgoing European Commission before the year-end.
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Airline Business‘Totally different from the past’: Thai looks to new chapter post-rehabilitation
As Thai Airways International moves closer towards an exit from business rehabilitation, its chief executive Chai Eamsiri says the airline has changed from its former self.
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NewsInternational travel surges through holidays as US airlines kick off winter season
Upcoming holiday air travel is likely to break records in the USA as major airlines prepare for the operationally challenging winter season.
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NewsEmbraer shifts possible development of fuel-cell aircraft back five years
Developing novel propulsion technologies has proven more challenging than expected, leaving Embraer’s chief engineer now predicting his team would need until 2040 to bring a hydrogen-fuel-cell-powered aircraft to market.
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NewsTurkey’s BBN seeks approval to operate US services
Turkish operator BBN Airlines is seeking authorisation to open both passenger and cargo services to US destinations. BBN initially aims to start cargo and passenger charter operations but expand to scheduled services in both sectors. The carrier uses the main Istanbul airport for cargo flights, and the secondary Sabiha Gokcen ...
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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.