All Airlines articles – Page 35
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Airline BusinessIAG enjoys Madrid’s status as ‘new Miami’ as it starts 2024 on front foot
While its two largest competitors were knocked on to the back foot in financial terms during the first quarter of this year, IAG enjoyed a much more straightforward three months.
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NewsAdministrators assessing financial position as Air Vanuatu enters liquidation process
Administrators are assessing the financial position of South Pacific island operator Air Vanuatu after it named financial firm EY as liquidator and grounded flights on 9 May.
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NewsIAG lifts first quarter operating profit on strong passenger demand
British Airways and Iberia parent IAG increased operating profits before exceptionals in the first quarter to €68 million ($59 million) driven by higher passenger revenues for the period.
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NewsEtihad boosts Q1 profits on strong passenger demand and lower financing costs
Increased passenger revenues and reduced financing costs helped Etihad Airways to boost first-quarter net profits to $143 million.
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NewsAlaska and Hawaiian agree not to consummate deal for 90-day period
Alaska Airlines cannot close its acquisition of rival US carrier Hawaiian Airlines until 5 August under an agreement with the US Department of Justice. During a 90-day waiting period that began on 7 May and will end on 5 August, the West Coast carriers cannot complete their proposed $1.9 ...
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NewsATSG secures deal to operate 10 more 767s for Amazon Air
US freight carrier Air Transport Services Group has secured a deal to fly an additional 10 Boeing 767 Freighters on behalf of Amazon Air starting this summer.
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NewsFrontier and Volaris renew codeshare vows with eyes on transborder collaboration
Frontier Airlines has revived its codeshare partnership with Mexican ultra-low-cost carrier (ULCC) Volaris in a move that both carriers believe will expand their respective horizons.
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NewsFedEx 767-300ER freighter lands with nose-gear retracted at Istanbul
One of US express carrier FedEx’s Boeing 767-300ER freighters has been involved in a landing incident at Istanbul after its nose-gear failed to deploy. The aircraft was operating flight FX6238 from Paris Charles de Gaulle on 8 May. Istanbul airport’s operator states that the twinjet experienced a “technical issue” which ...
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NewsBoeing 737 delivery delays further hinder Allegiant’s growth and pressure finances
All six Boeing 737 Max that Allegiant Travel Group had expected to receive in the first half of the year have been pushed into the latter half, with related costs dragging on the discount carrier’s performance.
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Airline BusinessSun Country profitable as other US discounters slog through first quarter
As leading ultra-low-cost carriers in the USA embark on wholesale network changes in response to shifting market dynamics, one smaller airline is sticking to its guns.
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NewsNolinor bolsters Northern Canada network with new Edmonton base
With plans to step up flying in support of mining activity in Nunavut, Canadian charter carrier Nolinor Aviation is establishing a secondary base in Edmonton.
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Airline BusinessWizz puts its faith in SAF amid scarcity, mandates and increased momentum
While much of the attention of Wizz Air’s eye-catching investment in a UK firm with ambitions to turn human waste into a biofuel was on the unlikely source of the feedstock, more significant perhaps is the low-cost carrier’s increased interest in sustainable aviation fuel (SAF).
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NewsLufthansa names Amadeus CFO as new group finance chief
Lufthansa Group has named Till Streichert, chief financial officer of technology firm Amadeus, as its new finance head in succession to Remco Steenbergen.
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NewsFormer Southwest sales chief joins Wheels Up as chief commercial officer
Former Southwest Airlines executive Dave Harvey will become US charter aircraft provider Wheels Up’s chief commercial officer starting 20 May, an appointment coming as the company continues a broad restructuring.
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Airline BusinessUS airline industry ‘evermore rigged game’ favouring major carriers: Spirit Airlines CEO
Now at liberty to talk freely about the defunct deal with JetBlue, Spirit Airlines’ chief executive Ted Christie alleges that the US airline system is “rigged” against smaller carriers.
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NewsUS government approves Frontier to use new trade name ‘Frontera’
US discount carrier Frontier Airlines has received approval to use the new trade name “Frontera” for at least some of its operations, though details about the plans remain unclear.
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NewsSpirit lost $143m in first quarter as airline pursues cost and capacity cuts
Spirit Airlines lost $143 million in the first quarter of 2024 amid heightened competitive pressures and other factors that have prompted the airline to shrink its operation and to seek out cost savings.
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Airline BusinessWeek 19 2024: Talking points as Korean carriers and Cebu Pacific release earnings
The earnings season continues to have an international flavour this week
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NewsQantas hit with civil penalty for ‘egregious’ ticket sales for ‘phantom’ flights
Australia’s consumer and competition watchdog has hit Qantas Airways with a A$100 million ($66.2 million) civil penalty for advertising and selling tickets on flights that it had decided to cancel.
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NewsAlaska receives $61m Boeing credit for Max 9 grounding
US carrier Alaska Airlines has received an additional $61 million in credits from Boeing as compensation for the mid-flight blow-out of a door plug on Alaska flight 1282 and subsequent grounding of its 737 Max 9s