All Airlines articles – Page 63
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NewsJetBlue expects P&W engine issues to ground at least six aircraft through 2024
JetBlue Airways expects six of its Airbus A321neos to be grounded by Pratt & Whitney (P&W) engine issues by year’s end – and for that number to rise.
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NewsJetBlue lost $153m in Q3 as air-travel demand failed to keep up
Operational troubles and too many seats in the USA pushed JetBlue Airways to a $153 million loss in the third quarter of 2023, prompting the airline to trim its capacity.
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NewsLATAM Airlines posts $232m profit, based on strength of passenger operations
LATAM Airlines Group posted record quarterly revenue during the three-month period ending in September, turning a $232 million profit – the airline’s fourth consecutive quarter in the black – as sales from passenger travel more than offset a decline in cargo revenue.
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NewsEtihad carries out first commercial flight from new Abu Dhabi terminal
Home carrier Etihad Airways has conducted the first commercial flight out of Abu Dhabi International airport’s long-awaited new Terminal A.
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Airline BusinessCathay Pacific chair predicts China SAF policy will improve ‘pretty dire’ outlook
The chairman of Cathay Pacific believes China will eventually release a sustainable aviation fuel (SAF) policy that will provide a much-needed catalyst for investment in the nascent sector amid a “pretty dire” outlook for availability today.
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Airline BusinessJetSmart zeroes in on another Latin American jewel: Colombia
Start-up ultra-low-cost carrier JetSmart is on the cusp of securing an air operator certificate (AOC) in a fourth country, Colombia. That will allow the airline to fly domestic routes in nations from the very north of the South American continent to its southern tip.
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NewsStrong international demand propels ANA to record operating profit
All Nippon Airways parent company ANA Holdings saw its operating profit more than quadruple to Y130 billion ($865 million) for the six months ended 30 September owing to strong international and domestic passenger growth.
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NewsComac delivers first ARJ21 converted freighters
Comac has delivered its first pair of ARJ21 converted freighters, as the airframer hails the “solid step forward” for China’s aerospace sector.
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NewsAir Transat targets first flights to Africa in 2024
Canadian leisure carrier Air Transat is targeting Africa for the first time with plans to launch flights between Montreal and Marrakesh, Morocco in June.
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NewsWestJet completes integration of discount subsidiary Swoop
Canadian airline company WestJet Group recently completed the integration of former low-cost subsidiary Swoop into its primary WestJet operation.
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NewsFinally steady Air Canada makes C$1.25 billion third-quarter profit
Air Canada’s slow and painful recovery from the Covid-19 pandemic appears mostly in the rear-view mirror as the carrier reports reaching more stable ground during the third quarter.
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NewsSaudi regulator sets out framework to give airlines and airports economic flexibility
Saudi Arabia’s civil aviation authority has adopted new economic regulations intended to raise air transport sector performance through competition and transparency, as part of Saudi efforts to transform the country into a global passenger and freight hub. The framework, centred on three areas, aligns with the kingdom’s ambitious Vision 2030 ...
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NewsIAG positive on outlook but ‘mindful’ of geopolitical issues
While IAG gave relatively little away in terms of its full-year guidance after posting a strong set of third-quarter profits, this perhaps reflects confidence in the return of the fundamentals of the business more than a lack of visibility. IAG lifted operating profits 43% to €1.75 billion ($2.05 billion) in ...
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Airline BusinessWhy Latin American airline sector struggles to make money
While it is hardly unusual to hear airline leaders calling for lower taxes and better infrastructure, the frustrations voiced by Latin American airline leaders come against a backdrop where region-wide profitability remains elusive despite traffic and revenue highs.
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NewsIAG carriers top pre-Covid levels as group posts Q3 profit of €1.7bn
IAG posted a 43% jump in operating profits to €1.75 billion ($2.05 billion) for the third quarter on continued strong demand which drove passenger revenues up a fifth for the period.
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NewsMAVCOM intensifies investigation into collapsed MYAirline
Police have arrested some of the grounded airline’s carriers on allegations of money laundering, unliicensed deposit-taking schemes, and fraud.
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NewsMexico’s VivaAerobus posts $56m profit during third quarter
Mexican low-cost carrier VivaAerobus earned $56 million during the third quarter of 2023, its second consecutive quarter with a profit, as demand was high and fares improved.
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NewsSkyWest profitable in Q3 as block hours fall
US regional carrier SkyWest Airlines earned $23.5 million during the third quarter, down from $48.3 million last year as it flew 10% fewer block hours.
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NewsUnited plans flights to 38 European destinations next year
United Airlines will fly to 38 European destinations during the 2024 northern hemisphere summer travel season, including the only flight between the New York City metropolitan area and Faro, Portugal, as well as new connections to Reykjavik, Brussels, Rome and Malaga.
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NewsSkyWest orders 19 new E175s to fly on behalf of United
US regional carrier SkyWest Airlines will acquire 19 new Embraer 175s to fly under contract for United Airlines.