All Airlines articles – Page 333
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News
Passenger growth lifts Singapore Airlines’s third-quarter results
Singapore Airlines’ group operating profit grew 15.7% during the third-quarter to S$449 million ($323 million) on the back of strong growth in the passenger business, and despite declining cargo earnings.
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Former Jet Airways chief Dube takes top role at India’s GoAir
Former Jet Airways chief executive Vinay Dube has taken up the same role at Indian low-cost carrier GoAir.
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Q400 struck runway during unstable landing after reverse-thrust engaged
Investigators have determined that a Bombardier Q400 crew engaged reverse thrust while airborne after failing to settle the aircraft on the runway during an unstable approach to Yangon. The Biman Bangladesh Airlines aircraft (S2-AGQ) subsequently lost height and airspeed, struck the runway and broke up. It had been inbound from ...
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El Al to serve third London airport with Stansted link
Israeli carrier El Al is to re-open a connection to London Stansted, more than a decade after it last operated to the airport. El Al is to conduct flights to Tel Aviv using Boeing 737-800s. It will operate five-times weekly on the route from 28 June with flights initially continuing ...
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Aeroflot 777-300ER low approach probed after Moscow residents' alarm
Russian authorities have detailed a serious incident during which an Aeroflot Boeing 777-300ER captured a false glideslope on approach to the new runway 24R at Moscow Sheremetyevo, descending to low altitude before executing a go-around. The incident occurred on 18 December and involved a go-around after the ground-proximity warning system ...
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ICAO flags $4-5 billion loss from Covid-19 outbreak
Preliminary estimates by ICAO indicate that the ongoing Covid-19 outbreak could wipe out $4-5 billion in airline revenues for the current quarter. This is based on assumptions that overall passenger capacity will decline by 39-41%, equivalent to a reduction of 16.4 to 19.6 million passengers. The estimated financial loss, ...
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Former United Airlines executive aims to launch new airline
A former United Airlines executive has raised $125 million to launch a new budget airline in the US by the end of the year.
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Copa net profit jumps as Max crisis drags on
Higher travel demand and low fuel costs offset lost revenue opportunities as Panama’s Copa Airlines continues to post strong earnings even while struggling with the ongoing effects of the Boeing 737 Max crisis.
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Norwegian yet to find profitable long-haul model: chief
Norwegian’s new chief executive Jacob Schram has acknowledged that the Scandinavian budget carrier has yet to find a way of making its long-haul operation profitable.
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News
SA Express confirms business rescue restructuring move
SA Express’ operations are continuing as normal after the South African regional and domestic operator confirmed it is now under a formal business rescue restructuring process
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Airline Business
Why Ryanair is still more likely to bide its time than bid for Air Italy
Ryanair’s move to hold a press conference in Milan today sparked some press speculation that the low-cost carrier was about to make a bid for the assets of collapsed carrier Air Italy.
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Airline Business
Norwegian counts costs of 737 Max and Trent 1000 disruptions
Norwegian estimates that disruption from the Boeing 737 Max grounding and ongoing issues with the Rolls-Royce Trent engines on its 787 fleet have led to a combined NKr1.7 billion ($183 million) net loss for 2019.
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News
Comair blames Max delay and SAA debt for expected first-half loss
South African carrier Comair warns that it expects to post a loss for the six months ending 31 December 2019 because of the ongoing Boeing 737 Max grounding and an unpaid debt by South African Airways.
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News
A330-800 secures joint European and US certification
European and US authorities have granted joint type certification to the Airbus A330-800, the smaller variant of the re-engined A330neo family. FlightGlobal had earlier reported that the aircraft was set to receive European Union Aviation Safety Agency and US FAA certification on 13 February. Airbus has confirmed that both authorities ...
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News
Lagos-based Green Africa signs for 50 A220s
Nigerian carrier Green Africa Airways has tentatively agreed to acquire 50 Airbus A220-300s, a potentially strong order for the twinjets. The agreement for the Pratt & Whitney PW1500G-powered aircraft has been disclosed by the airframer, following the signature of a memorandum of understanding. It comes more than a year after ...
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Norwegian plans deeper capacity cuts in bid for 2020 profit return
Restructuring low-cost carrier Norwegian is targeting a net profit for the coming year on deeper capacity cuts after progress on its turnaround in 2019 was clipped by the impact of the Boeing 737 Max grounding and Rolls-Royce engine issues.
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Aegean reveals rebrand as first A320neo arrives
Aegean Airlines has unveiled its new livery on the first Airbus A320neo to be delivered.
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Airbus sees ‘clear path’ to small hike in A320 production
Airbus indicates that it sees potential for a further small hike in A320-family monthly production rates beyond the 63 already planned for 2021. The airframer says it “sees a clear path” to increasing the rate by one or two aircraft per month for 2022 and 2023 – potentially taking the ...
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New Air Baltic A220 latest to suffer engine failure
Investigators have disclosed that a new Air Baltic Airbus A220-300 which diverted to Bordeaux on 12 February had suffered an engine failure. While the details of the failure, in the left-hand Pratt & Whitney PW1500G powerplant, have yet to be disclosed, the incident follows a series of engine failures on ...
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Turkey’s AtlasGlobal reportedly set to halt flights again
Turkish media are reporting troubled local operator AtlasGlobal is to cease operations again, less than two months after restoring flights.