All Airlines articles – Page 86
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NewsLate aircraft delivery contributed to Flybe collapse, say administrators
Administrators appointed to handle the collapse of UK regional airline Flybe have partly blamed its financial troubles on the late delivery of aircraft.
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NewsUK regional carrier Flybe grounded as it appoints administrators
UK regional carrier Flybe has collapsed into administration for a second time, immediately ceasing trading, after barely a year of operations in its revived guise.
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NewsScott Sheldon steps down as president of Allegiant Air
Allegiant Travel Company, parent of Allegiant Air, has accepted the resignation of co-president and chief operating officer Scott Sheldon, prompting a reshuffling of the airline’s executives.
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NewsItaly signs letter of intent with Lufthansa to kick-off ITA stake talks
Italy’s government has signed a letter of intent with Lufthansa as it opens talks with the carrier over the acquisition of ITA Airways.
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NewsVaradi hopeful on improved Wizz operational resilience
Wizz Air chief executive Jozsef Varadi believes air traffic control delays are likely to provide the biggest challenge this summer as the carrier bids to avoid a repeat of the operational disruption it suffered last year.
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NewsAirAsia X sees China reopening hastening traffic recovery
AirAsia X expects the reopening of China’s borders to accelerate its recovery to pre-pandemic operations, as it sees significant traffic growth in the October-December quarter of 2022.
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NewsAir India teases ‘historic’ aircraft order as airline marks first year under Tata ownership
Air India is expected to make an imminent aircraft order announcement, as new owners Tata Sons today marked a year since they took control of the carrier.
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NewsIndonesia AirAsia ‘planning’ for A330 operations amid fleet ramp-up
AirAsia Aviation Group is planning to operate Airbus A330s from Indonesia for medium- to long-haul operations, as it reiterates its commitment to growing its presence in the country.
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NewsCebu Pacific eyes profitable first quarter
Cebu Pacific is hoping to rebound to profitability in the quarter to 31 March, though it remains wary of potential challenges including fuel costs.
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NewsSouthwest end-year meltdown costs $800 million, leads to Q4 loss
Southwest Airlines lost $220 million during the fourth quarter of 2022 after it was battered by a system-wide meltdown during the busiest travel days of the end-of-year holiday season.
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NewsAlaska posts $58m full-year profit on record revenues
Alaska Air Group posted record full-year operating revenues of $9.65 billion in 2022 and a net profit of $58 million for the year.
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NewsPilot shortages holding back American’s expansion
Pilot availability is still limiting the size of American Airlines’ operation, through the carrier says it has ramped pilot training to accommodate its planned 2023 fleet expansion.
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NewsJetBlue posts $24m profit in Q4 as travel spending outruns costs
JetBlue Airways posted a $24 million profit in the final quarter of the year as end-of-year travel spending rose to compensate for higher costs, especially for jet fuel.
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NewsWizz Air summer expansion based on ‘safe’ network growth: Varadi
While Wizz Air plans to increase its capacity 30% this summer, the airline’s chief executive Jozsef Varadi believe this represents a safe way of growing, given expansion is weighted on adding frequencies and has a focus on maturing markets.
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NewsJAL invests in sea-glider start-up Regent Craft
Japan Airlines Innovation Fund, the venture arm of the Japanese carrier, has invested in start-up sea glider developer Regent Craft.
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NewsWizz sees strong summer ahead as currency gains boost third quarter
European budget carrier Wizz Air is confident of returning to profit and pre-Covid utilisation in the next financial year after more than doubling its revenues in its latest financial quarter.
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NewsHawaiian restores flights between Honolulu and Fukuoka, Japan
Hawaiian Airlines is reinstating more flights to Japan, its most important overseas market, as it rebuilds its network in the Asia-Pacific region after almost three years of coronavirus-driven restrictions.
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NewsEasyJet expects to beat full-year profit expectations after cutting Q1 losses
EasyJet expects to beat current market expectations for full-year profits after narrowing losses in a stronger than expected first quarter of its financial year.
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NewsUnited takes 10% stake in Mesa Air Group, valued at $10.5m
United Airlines has taken a 10% stake in Mesa Air Group, the parent of Mesa Airlines, valued at $10.5 million.
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NewsAirbus to retrofit and upgrade nine A350 jets for Delta
Delta Air Lines has hired Airbus Services to retrofit and upgrade nine Airbus A350 aircraft that previously flew for LATAM Airlines Group.