All Airlines articles – Page 79
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NewsAzul posts record R$15.9bn revenue in 2022
Brazil’s Azul notched record fourth-quarter revenue as passenger travel demand remained strong and cargo continued booming.
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NewsLufthansa highlights southern hub role as ITA talks continue
Lufthansa Group chief executive Carsten Spohr sees the Rome Fiumicino hub of acquisition target ITA Airways as better positioning it to serve southern hemisphere markets as talks on a deal continue.
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NewsAerCap reveals contact from Russian airlines over possible insurance settlements
Irish-based lessor AerCap signals that it has had contact with Russian carriers and insurers potentially seeking to settle claims over aircraft retained in Russia. AerCap was among a number of lessors forced to write off substantial assets as a result of being unable to retrieve aircraft in the wake of ...
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NewsLuxair to take four 737 Max 8s, including pair on lease
Luxembourg’s Luxair has ordered two Boeing 737 Max 8s and signed a deal to lease another pair of the narrowbodies, part of a plan to boost its summer capacity.
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NewsTalks under way over possible partial sale of Lufthansa Technik
Lufthansa has begun talks with potential investors over the possible partial sale of Lufthansa Technik, though the MRO unit will remain a key part of the airline group.
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NewsHong Kong’s Greater Bay orders 15 Boeing 737 Max 9s and eyes 787s
Start-up Hong Kong carrier Greater Bay Airlines has ordered 15 Boeing 737 Max 9s and made a “commitment” to order five 787s.
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NewsLufthansa confirms strong rebound to profit in 2022
Lufthansa Group is projecting a “further significant improvement” in profit this year after confirming its return to the black in 2022 with an adjusted EBIT of €1.5 billion ($1.6 billion).
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NewsAustralia’s competition watchdog proposes to re-allow Jetstar co-operation
The Australian Competition and Consumer Commission (ACCC) has granted interim approval to Qantas and Jetstar for their continued co-operation with Jetstar units in Singapore and Japan.
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NewsQantas to hire 8,500 new workers, launch engineering academy
Qantas is to hire 8,500 more staff over the next 10 years, in its first hiring spree since it underwent a restructuring exercise in 2020 that saw the dismissal of thousands of workers.
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NewsUS NTSB releases preliminary report on Austin near-miss
The US National Transportation Safety Board (NTSB) has issued a preliminary report of a near-miss involving a Fedex Boeing 777-300ER and a Southwest Airlines 737 in Austin last month.
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NewsTurkish Airlines preparing but in no rush to spin out Anadolu Jet
Turkish Airlines is continuing work on establishing its low-cost unit Anadolu Jet as a standalone operation, though has set no firm plans on a possible IPO for the carrier.
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NewsAircraft delivery issues ‘no significant bottleneck’ for 2023 plan: Turkish Airlines
Turkish Airlines believes it is well-placed to ride out any aircraft delivery issues this year as it aims to boost capacity by up to 20% in 2023.
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NewsAura Aero lines up €150m Toulouse Francazal factory for 2025 production
French hybrid-electric aircraft start-up Aura Aero has detailed plans for a new 40,000sq m (431,000sq ft) factory at Toulouse Francazal airport capable of building up to 150 aircraft per year.
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NewsVirgin Atlantic formally joins SkyTeam
Virgin Altantic has formally entered SkyTeam today, joining transatlantic joint venture partners Delta Air Lines, Air France and KLM in the global alliance.
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Airline Business‘Bigger, better, stronger’: Cebu Pacific targets gains in post-pandemic market
Cebu Pacific’s new chief executive Mike Szucs sees the opportunity to outstrip its pre-crisis financial performance in the years ahead as the Philippine budget carrier emerges from the pandemic.
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NewsLufthansa extends Spohr’s contract for five more years
Lufthansa Group has extended the contract of chief executive Carsten Spohr for another five years, alongside that of chief financial officer Remco Steenbergen.
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NewsDominican Republic’s Arajet applies to US DOT to launch routes to the USA
Arajet, a new low-cost start-up carrier based in the Dominican Republic, has applied to the US government to launch routes between the Caribbean country and the United States.
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NewsDelta pilots approve new contract
Pilots at Delta Air Lines have approved a new contract that will give them a 34% pay increase by 2026.
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NewsTurkish Airlines doubles revenues and operating profits in 2022
Turkish Airlines almost doubled revenues and operating profits last year as a sharp return in passenger demand helped it to record profitability
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NewsAir India confirms Vistara brand to be dropped after merger: CEO
Air India has confirmed it will not be retaining the Vistara brand when it merges with its sister unit, though the national carrier intends to “keep some of the heritage” of Vistara.