All news – Page 1256
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News
SIA expands JetBlue codeshare; deploys regional A350 to Brisbane
Singapore Airlines (SIA) recently expanded its codeshare with JetBlue on flights out of New York John F. Kennedy International airport, while also deploying the regionally configured Airbus A350-900s on flights to Brisbane.
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Air NZ lowers FY2019 earnings guidance
Air New Zealand (Air NZ) is expecting to post a lower earnings before tax for its 2019 financial year ending on 30 June, as it expects slower revenue growth.
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SIAEC, Jamco re-jig joint ventures
SIA Engineering Company has concluded transactions in two joint venture units, resulting in the divestment of shares and incorporating another as a wholly-owned subsidiary.
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Korean Air standalone profit dropped 28% in 2018
Korean Air reported a 28% slide in its 2018 full year unconsolidated operating profit to W692 billion ($620 million), primarily due to the impact of higher fuel costs.
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NokScoot to begin Shanghai services
NokScoot plans to begin Bangkok Don Mueang-Shanghai Pudong services on 25 February.
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GIC closes investment in Nordic Aviation Capital
Singapore sovereign wealth fund GIC has taken a minority shareholding in Nordic Aviation Capital (NAC) as the deal officially closed today.
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Pentagon will not cut F-35 orders for Boeing F-15: Lockheed
Lockheed Martin Chief Executive Marillyn Hewson said she was assured by Department of Defense officials that any order of Boeing F-15 aircraft will not come at the cost of future Lockheed Martin F-35 Lightning II purchases.
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Analysis
ANALYSIS: Finance industry remains calm despite pace easing
'Dublin week', as it's come to be known – when much of the air finance community descends on the Irish capital to discuss the year ahead and forecast what kinds of finance will be available – had a positive, yet more sober tone this year.
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Samco services first Swiss A220
Dutch maintenance provider Samco has completed a C-Check on a Swiss Airbus A220.
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Flydubai to add Uzbekistan to network
Flydubai is to compete with Uzbekistan Airways when it adds services to Tashkent in Uzbekistan later this year.
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Norwegian open to 'consolidation' talks after IAG exit
Norwegian remains willing to "engage in consolidation discussions" after IAG's recent confirmation it will not bid again for the carrier, but says no such talks are currently ongoing.
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Analysis
ANALYSIS: Etihad's MRO unit grows third-party business
While Etihad Airways is enduring a period of retrenchment after years of rapid expansion, the Middle Eastern carrier’s technical arm is still on upward growth curve. It has increased its third-party maintenance business and is considering options to expand capacity, potentially beyond the company’s Abu Dhabi base.
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SIA inaugurates digital innovation lab
Singapore Airlines (SIA) inaugurated a digital innovation lab in Singapore on 29 January, bearing the name 'KrisLab'.
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Ryanair takes full control of Laudamotion
Irish carrier Ryanair has taken full control of Austrian subsidiary Laudamotion and outlined plans to increase the unit's fleet to 30 aircraft for the summer 2020.
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Norwegian plans $353 million share issue
Norwegian will seek to raise NKr 1.3 billion ($353 million) through a share issue to strengthen its balance sheet and increase its "financial flexibility".
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GA Telesis to tear down four Cathay 777s
GA Telesis has been contracted to disassemble four Cathay Pacific Boeing 777s, with the recovered serviceable parts to then be placed into its pool.
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Visibility may have contributed to Wings Air ATR 72 hull loss
Indonesia’s National Safety Transportation Safety Committee (NTSC) suggests that poor visibility may have contributed to a landing accident involving a Wings Air ATR 72-600 on 25 December 2016.
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China Eastern president set to lead Guangzhou rival
China Southern Airlines has appointed the president of China Eastern Airlines, Ma Xulun, as its general manager, board director, and a member of its party committee.
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ANA to take 9.5% stake in PAL Holdings
All Nippon Airways parent company ANA Holdings will take a 9.5% take in Philippine Airlines’ parent company PAL Holdings.
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ANA to order up to 48 Boeing and Airbus narrowbodies
The board of ANA Holdings has approved plans to order 30 Boeing 737 Max 8s for All Nippon Airways and 18 Airbus A320neos for budget unit Peach.