All Airlines articles – Page 25
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News
Commission backs Covid state support to Air France-KLM for a second time
Air France-KLM has welcomed a fresh decision by the European Commission confirming the legality of state financial support given in response to the Covid-19 pandemic, after its originally approval decision was successfully challenged on appeal.
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Airline Business
Istanbul airport sees expanded tourism reach driving growth ambitions
Just five years after Istanbul airport opened, its new chief executive Selahattin Bilgen is already readying the gateway for the next stage of its development
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News
Delta and Riyadh Air reveal intention to build intercontinental joint venture
Delta Air Lines has a formed a new strategic partnership with Saudi Arabia’s Riyadh Air, with the major US airline and yet-to-launch carrier building toward an eventual joint venture.
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News
United Airlines faces fresh scrutiny after latest wheel-loss incident
United Airlines is facing renewed scrutiny of its safety performance after a Boeing 757-200 lost a wheel from its main landing gear as it took off from Los Angeles international airport – the latest in a series of incidents that have drawn negative attention to the carrier, not least from the Federal Aviation Administration.
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News
South Korea lifts caps on Manila flights
South Korea has liberalised air traffic rights to Manila, which it hopes will spur an increase in flights from its secondary airports to the capital of the Philippines.
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Airline Business
Breeze slams Reagan National entry requirements as major carriers wrangle for new slots
Start-up Breeze Airways and several non-profit groups are criticising as anti-competitive a plan under which the US Department of Transportation (DOT) is allocated additional take-off and landing rights at Ronald Reagan Washington National airport.
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Airline Business
Elliott blasts Southwest anew for ‘profoundly out of touch’ strategic decisions
Elliott Investment Management has refreshed its scathing criticism of Southwest Airlines’ leadership in a letter that characterises the company’s board of directors as “profoundly out of touch” with investors.
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News
Southwest adds Rakesh Gangwal as board director in face of leadership criticism
Facing investor criticism for having a too-insular board of directors, Southwest Airlines has added longtime airline executive Rakesh Gangwal to the group it believes will guide it back to “enduring profitability”.
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Airline Business
US airlines split on second quarter outlook
Delta Air Lines and United Airlines are forecast to lead the pack on profits in the second quarters as US carriers are set to begin reporting financials for the April-June period
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Airline Business
Week 28 2024: First sight of second quarter
This week will see the first airline to report financial results for the second quarter when Delta Air Lines delivers its numbers for the April-June period on 11 July.
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News
Rossiya set to test integrated aftersales service platform for MC-21’s PD-14 engines
Aeroflot Group carrier Rossiya is set to test a new aftersales service system developed to handle the Aviadvigatel PD-14 engine for the Yakovlev MC-21 twinjet.
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News
Turkish Airlines reaches compensation deal over PW1100G engines
Turkish Airlines has struck a compensation agreement covering engine availability issues impacting the Pratt & Whitney PW1100G geared turbofans powering its Airbus A320neo-family aircraft.
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Airline Business
Airline news digest: 29 June to 5 July 2024
Our regular rundown of the biggest airline stories from the past seven days
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News
Cathay Pacific to redeem shares to draw line under Covid state support
Cathay Pacific has outlined plans to redeem and cancel its remaining preference shares held by the Hong Kong government related to a recapitalisation carried out in 2020 after the pandemic hit.
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Airline Business
Spohr sees scale and southern mission giving ITA a chance to prosper as part of Lufthansa
After more than a year of waiting, Lufthansa cannot yet quite begin bringing ITA Airways into the group, even after securing the regulatory green light from the European Commission.
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News
Copa Airlines takes delivery of its first Boeing 737 Max 8
Panama City-based Copa Airlines has taken delivery of its first Boeing 737 Max 8.
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Airline Business
Airline leadership lessons from a generation of growth
Reflecting on 25 years of insight into the global airline sector and what it means for strategies today
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News
ITA performance ahead of business plan: Spohr
Italian carrier ITA Airways is performing ahead of the business plan drawn up last year as Luthansa Group prepares to take a stake in the airline.
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News
Southwest board adopts rights plan to counter activist investors
Southwest Airlines’ board of directors has adopted a rights plan aimed at fending off activist shareholders gaining control of the company.
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News
Wizz reshuffles leadership team as Carey departs
Wizz Air has promoted Michael Delahant to senior chief commercial and operations officer after announcing that its president Robert Carey is leaving the airline to pursue other interests.