All Airlines articles – Page 45
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NewsPegasus Airlines’ full-year operating profit slips in 2023
Turkish low-cost carrier Pegasus Airlines posted a full-year operating profit of €489 million ($530 million) in 2023, down around €100 million on the previous year.
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NewsSwiss names new finance chief and adds operations role to management board
Swiss has named a new chief financial officer and is adding a chief operating officer to its management board.
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NewsUkrainian prosecutors lay formal charges over destruction of An-225
Ukrainian prosecutors and security service SBU have formally accused ex-Antonov officials of obstructing attempts by the country’s military to defend Gostomel airport. The airport was “strategically important”, says the security service, and became the target of an assault in the early days of the Ukrainian-Russian conflict. This attack on 27 ...
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Airline BusinessAmerican’s 85-strong Max 10 order includes ‘financial protections’ against delivery delays
Acknowledging that American Airlines’ order for an additional 85 Boeing 737 Max 10s is a “vote of confidence in Boeing”, airline executives say financial protections are built into the deal should the aerospace giant stumble further.
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NewsAmerican Airlines orders 260 narrowbody and regional jets in huge boost to fleet plan
American Airlines has placed orders for 260 new aircraft, including those produced by Airbus, Boeing and Embraer, with deliveries expected to begin later this decade.
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NewsJetBlue cancels plan to acquire Spirit, carriers plot standalone plans
JetBlue Airways has called off plans to acquire Spirit Airlines and agreed to pay Spirit a $69 million termination penalty, a move coming after a federal judge in January blocked the carriers’ proposed combination on anti-competitive grounds.
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NewsGlobal Airlines adds former A380 chief engineer to advisory board
Would-be Airbus A380 operator Global Airlines has bolstered its advisory board with the addition of John Roberts, the former chief engineer on the programme.
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NewsSkyWest adds another 20 Embraer E175s to United fleet
SkyWest Airlines will add another 20 aircraft to fly under contract for United Airlines by the end of this year.
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NewsUnited expects 102 fewer aircraft deliveries in 2024
United Airlines expects Boeing to deliver 102 fewer aircraft in 2024 than contractually agreed, forcing the airline to recalculate its fleet plan and delivery expectations in the coming years.
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Airline BusinessMindful of wake-up calls, airline industry looks back on one of its safest years
While the airline industry might have had an inauspicious start to 2024 in safety terms, it can still point to a recent safety record that is both historically impressive and broadly moving in the right direction.
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Airline BusinessUpbeat IAG strikes positive note as BA and Iberia head growth in 2024
After delivering one of the highest operating profits in its history, European airline group IAG offered little by way of firm guidance for the year to come but was in positive mood in its commentary.
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NewsRyanair cuts traffic target as will get only 40 of 57 planned Max deliveries by June
Irish low-cost giant Ryanair has scaled back passenger number ambitions for its coming financial year to just under 200 million after confirming it now expects to take delivery of only 40 of the 57 Boeing 737 Max jets it was due to take by June.
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NewsIAG chief still optimistic over Air Europa deal
IAG chief executive Luis Gallego remains optimistic that the group can secure approval for its long-running attempt to acquire Spanish carrier Air Europa after putting forward further remedies to address European regulator competition concerns over the planned acquisition.
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NewsVueling chief executive to head Iberia
IAG has named Vueling chief executive Marco Sansavini as the new head of Spanish flag carrier Iberia.
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NewsIAG almost trebles operating profit in 2023
British Airways and Iberia parent IAG nearly trebled full-year operating profits in 2023 to just over €3.5 billion ($3.8 billion) after lifting revenue 28% during the year.
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NewsAsia-Pacific airlines enjoyed strong January: AAPA
Asia-Pacific airlines had a good start of the year in January, with international passenger and cargo businesses improving year on year.
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NewsGo-around after reverser activation left A320 crew startled by asymmetric thrust
Danish investigators have determined that an Airbus A320 crew’s aborting a landing, despite activating reverse-thrust, resulted in control difficulties as the aircraft climbed away with one engine’s reverser doors deployed. Both pilots were aware that selecting reverse-thrust meant committing to land, but investigation authority Havarikommissionen states that each was “convinced” ...
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NewsOliver Wyman cuts 10-year aircraft fleet growth forecast amid industry pressure
The global commercial aircraft fleet and the aircraft maintenance market will grow slower than previously expected over the next decade due to tepid economic growth, regulations, constrained production of new aircraft and a pilot shortage.
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NewsUnited adds former Walgreens CEO Rosalind Brewer to board
United Airlines has added Rosalind Brewer, former chief executive of retail pharmacy and healthcare company Walgreens Boots Alliance, to its board of directors.
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NewsAir India, Riyadh Air bosses look to win traffic from overseas hubs
The chief executives of Air India and Riyadh Air have underlined their determination to take international long-haul traffic from big overseas hubs.