All Airlines articles – Page 35
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GlobalX plans to add four more jets and fly 20-strong A320 fleet this summer
Charter carrier Global Crossing Airlines has received approval from US aviation authorities to grow its fleet to 20 Airbus A320-family aircraft from its current maximum of 16 jets.
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Surging passenger revenue helps Turkish Airlines continue strong profit run
Turkish Airlines continued its strong profit run since the pandemic, as double-digit increases in passengers and revenue pushed it to a full-year 2023 operating profit of almost $2.9 billion.
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Virgin Atlantic ‘on course’ for profit return in 2024 after narrowing full-year loss
Virgin Atlantic chief executive Shai Weiss sees the UK carrier returning to profit this year after narrowing its pre-tax loss before exceptional items to £139 million ($175 million) in 2023.
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Ryanair hits revised passenger target for 2023-24 financial year
Ryanair booked 183.7 million passengers in its financial year ending 31 March 2024, in line with guidance it revised downwards after delays last year in deliveries of Boeing 737 Max jets.
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WestJet Encore pilots threaten strike that could disrupt regional flights
The union representing WestJet Encore pilots has voted to authorise a strike that could potentially disrupt the Canadian regional airline’s passenger flights later this month.
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PSA Airlines opens maintenance base in Dallas-Forth Worth
American Airlines’ regional subsidiary PSA Airlines opened on 1 April a maintenance base at Dallas-Fort Worth International airport, the carrier’s ninth such base in the USA.
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Icelandair firms expectations for improved profits in 2024
Icelandair expects its EBIT profit margin to increase to between 2-4% this year on revenues rising to $1.6 billion after firming its financial guidance for 2024.
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Avion Express completes financial restructuring
Wet-lease specialist Avion Express has completed a corporate financial restructuring undertaken after the pandemic hit.
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PAL sees strong financial, traffic rebound in 2023
Philippine Airlines enjoyed a strong rebound in 2023, as it relaunched routes and made investments in its future fleet.
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United dangles unpaid time off to pilots amid Boeing delivery delays
With fewer new jets on the way than previously anticipated, United Airlines is offering unpaid time off to its pilots.
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Cargo 727 landing in South Sudan crashes into MD-82 wrecked in previous accident
All seven occupants of a Boeing 727 freighter have survived after the aircraft crashed into the wreckage of an aircraft which had itself suffered a landing accident two months ago.
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Surf Air Mobility delays certification of electric powertrain for Grand Caravan
US regional aviation start-up Surf Air Mobility has pushed back its target date for certification of its in-development electric powertrain to 2027.
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Spirit Airlines to receive $150-200m from P&W for geared turbofan troubles
Spirit Airlines has secured a compensation package from Pratt & Whitney (P&W) valued between $150 million and $200 million for the grounding of “nearly all” the PW1100G-powered Airbus A320neos in its fleet.
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Canada Jetlines exploring ‘benefits and costs’ of trading on US stock exchange
Start-up carrier Canada Jetlines is exploring potential listing on the US stock exchange, executives revealed on 28 March.
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Atlas Air adds second 777F for YunExpress flights between China and USA
US carrier Atlas Air and YunExpress are boosting cargo operations between China and the USA by adding a second Boeing 777-200 Freighter on a long-term charter agreement.
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Regional start-up BermudAir plans to launch flights to Canada
Fresh off expanding its network on the East Coast of the USA, start-up regional carrier BermudAir has signalled its intention to launch flights to two eastern Canadian cities this summer.
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Norse Atlantic rolls dice on Las Vegas as US expansion continues
Norse Atlantic Airways will add Las Vegas to its US map in September, amid a network shift to boost profitability.
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Lufthansa seals labour deal with ground staff
Lufthansa has struck a new labour deal covering ground staff represented by German trade union Verdi, ending a deadlock which had resulted in disuption to the carrier’s services earlier this yer.
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Azul reports higher Q4 earnings as it taps into new markets and keeps costs low
Brazil’s Azul increased fourth quarter revenue and profit in 2023, as it tapped into new markets while keeping costs in check.
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Alaska and Hawaiian enter 90-day timing agreement with DOJ amid antitrust review
Hawaiian Airlines and Alaska Airlines have entered into an agreement regarding the timing of their proposed tie-up as they work to satisfy the US Department of Justice’s requests for documentation.