All Airlines articles – Page 56
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Airline BusinessWhen it comes to airline M&A, is the gain still worth the pain?
The past 12 months have seen consolidation moves touch more carriers. But at the same time, the sentiment from governments and regulators appears to be hardening against airline tie-ups, raising questions about the future viability of such moves
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NewsJetstar adds to Southeast Asia network as IndiGo boosts Thailand capacity
Low-cost carriers continue to add capacity and destinations, with Southeast Asia remaining a key focus area for growth.
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NewsJAL takes delivery of first A350-1000
JAL’s new A350-1000 has just 239 seats, far fewer than the typical configuration for the twin-engined type.
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NewsWestJet plans to launch Calgary-Seoul flights in 2024
Canadian carrier WestJet Airlines intends to launch flights from its base in Calgary to Incheon International airport in Seoul with three-times weekly flights starting on 17 May.
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NewsP&W engine issues could ground one third of Air Transat’s A321LRs
Up to one third of Canadian leisure carrier Air Transat’s Airbus A321LRs could be grounded late in 2024 due to its Pratt & Whitney geared turbofan (GTF) engines needing to come off wing for inspections.
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NewsGol revises fleet-growth forecast to reflect slower pace of 737 deliveries
Delays by Boeing in delivering 737 Max have led Brazilian discount airline Gol to significantly par back its fleet expansion plans through 2028, leaving it unable to fully capitalise on increasing demand for air travel.
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NewsAir Transat continues distancing itself from lows of Covid
Transat AT, parent of Canadian carrier Air Transat, squeezed out a profit and generated C$765 million ($570 million) in revenue during its fiscal fourth quarter which ended on 31 October, as the carrier distances itself from the lows of the Covid-19 pandemic.
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NewsAir France-KLM eyes €2bn improvement in operating profit by 2028
Air France-KLM is targeting a €2 billion ($2.2 billion) improvement in operating profitability over the next five years as it today sets out new long-term objectives.
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NewsEU safety regulators concerned over rise in findings from Egyptian carrier inspections
European safety regulators have expressed unease over an apparent deterioration in the results of ramp inspections conducted on Egyptian airlines. Egyptian carriers have never been blacklisted by the European Commission. But in the latest blacklist revision, the Commission states that ramp inspections under its foreign-aircraft safety assessment programme have revealed ...
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NewsQantas calls for SAF mandate in response to government aviation paper
Australia’s Qantas Group has called on Canberra to set mandates for sustainable aviation fuel (SAF), supported by a local capability to produce SAF at scal
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NewsUS major airlines gear up for busy end-of-year travel period
Major US carriers expect a busy end-of-year holiday travel season and record passenger figures, topping last year as well as November’s Thanksgiving holiday period.
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NewsAlaska Airlines and Porter Airlines create ‘broad partnership’ with interline agreement
Oneworld carrier Alaska Airlines has launched an interline agreement with Canada’s Porter Airlines, which is expanding its reach across North America.
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NewsTurkish Airlines transfers five Boeing 737s to AJet to support permit process
Turkish Airlines will transfer ownership of five of its Boeing 737-800s to its soon-to-be spun out low-cost operation AJet to support its application to secure its own operating permits.
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NewsNepalese safety efforts not yet sufficient to lift European blacklisting
European regulators remain dissatisfied with Nepalese authorities’ efforts to bring the country’s civil aviation safety and oversight into line with international standards, following an on-site assessment conducted in September. Nepal has been the subject of a blanket blacklisting by the European Commission for a decade. While the on-site assessment – ...
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NewsAir NZ signals weaker profits on reduced demand, tougher competition
Air New Zealand has warned of softer profits during the last six months of 2023 owing to competitive pressures and softer demand for leisure travel.
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NewsAir Transat names Jean-Francois Pruneau chief financial officer
Canadian leisure carrier Air Transat has appointed Jean-Francois Pruneau as chief financial officer effective 9 January.
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NewsLoss-making SpiceJet aims to raise $270m through a new share issue
Indian low-cost carrier SpiceJet has outlined plans for a new share issue after almost halving losses for the three months ended 30 September 2023, the second quarter of its financial year.
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NewsAir Astana operating profit up 11% after first nine months
Operating profits at Kazakh carrier Air Astana Group are running 11% ahead of 2022 levels after the first nine months of the year, on the back of revenue that is up one-fifth.
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NewsSwiss commercial chief to head up Lufthansa Group customer satisfaction drive
Swiss chief commercial officer Tamu Goudarzi Pour is to take responsibility for customer experience within the Lufthansa Group and lead a new initiative aimed at improving customer satisfaction next year.
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NewsKLM names new finance chief
Netherlands carrier KLM will promote Bas Brouns to chief financial officer and managing director in April in succession to Erik Swelheim.