All news – Page 388
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NewsLOT bracing for more turbulence as it strives to recover from heavy losses
Polish flag-carrier LOT has disclosed that it made a net loss of zl1.33 billion ($281 million) last year, a deterioration on the zl1.04 billion of 2020. The airline revealed the figure in annual activity documents newly filed with the Polish ministry of justice. It turned in total revenues last year ...
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NewsWith China’s continued closure, Thai AirAsia looks to South Asia
Thai AirAsia expects to expand in South Asia, as China – a major revenue source pre-pandemic – remains tightly shut.
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NewsSchiphol Airport boss steps down as operational woes persist
Amsterdam Schiphol airport chief executive Dick Benschop is stepping down from the role as the Dutch hub continues to struggle with operational challenges and hints further measures are implemented.
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NewsAir New Zealand quashes Virgin Australia merger talk
Air New Zealand has refuted an Australian news report that it is in talks with Virgin Australia over a possible merger.
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News‘Dawn of a new era’: Air India eyes larger slice of domestic pie
Air India is targeting a significant increase in domestic market share, as part of a wide-ranging business transformation plan that it says is laying the foundation for “a brave new Air India”.
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NewsChorus Aviation names new CEO as Joseph Randall steps down
Chorus Aviation chief executive Joseph Randell plans on retiring in early 2023 and is set to be succeeded by chief operating officer, Colin Copp.
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In depthUS, allies could lose 900 aircraft in conflict with China over Taiwan: CSIS
A war game developed by the Washington think tank indicates that the US military can preserve the island nation’s sovereignty in the face of a full-scale assault, but at great cost.
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NewsGlobalX signals intention to buy 50 electric Alice aircraft from Eviation
US carrier Global Crossing Airlines (GlobalX) intends to order 50 of Eviation’s in-development electric aircraft Alice.
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NewsLondon Heathrow operations trimmed to limit disturbance during Queen’s funeral
Flight operations at London Heathrow are being cut back to avoid noise disruption during the state funeral of Queen Elizabeth II. The airport’s operator says operations on the day, 19 September, will be “subject to appropriate changes” to prevent disturbance. According to a NOTAM, a demand-and-capacity balancing is being implemented ...
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NewsAegean full-year profit hopes boosted by strong second quarter
Greek carrier Aegean Airlines returned to profit in the second quarter after trebling revenues following a strong jump back in demand.
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NewsUnited views Flydubai deal as crucial to broader pact with Emirates
United Airlines’ new codeshare deal with Emirates Airline includes a related agreement with Flydubai that United views as particularly valuable in expanding its international reach.
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NewsSweden’s Heart Aerospace scales up to develop 30-seat hybrid-electric ES-30
Sweden’s Heart Aerospace will now build a 30-seat hybrid-electric regional aircraft called the ES-30, dropping previous plans for a 19-seater called the ES-19.
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NewsAirAsia’s Singapore flights to surpass pre-pandemic frequencies by year-end
AirAsia Aviation Group expects the number of weekly flights from Singapore to surpass pre-pandemic numbers by the end of the year, as it looks to – for the first time – operate widebodies on flights to the city state.
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NewsEmbraer picks OGMA as maintenance provider for Super Tucano customers
Embraer has appointed its Portuguese subsidiary OGMA as a service centre provider for the A-29 Super Tucano turboprop trainer and light-attack aircraft.
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NewsPorter enters sale-and-leasebacks for a dozen E195-E2s
Canada’s Porter Airlines has added more lessors to its fleet-sourcing for Embraer 195-E2 twinjets, with sale-and-leaseback agreements for a dozen aircraft equally split between TrueNoord and funds linked to Apollo and Merx Aviation. The arrangement means the carrier has secured lease agreements with five lessors covering 26 E195-E2s. Porter ordered ...
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NewsBullish AirAsia Aviation targets 100 more jets, big cargo ramp-up
AirAsia Aviation Group expects to add 100 more aircraft across its airline units within the next five years – with its sister cargo unit taking “at least” 50 more freighters – amid optimism about growth prospects.
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NewsInsurance firm Phoenix takes near-20% share of El Al loyalty programme
Israeli insurance firm Phoenix is taking a near-20% shareholding in flag-carrier El Al’s loyalty programme. Phoenix is exercising an option to acquire the 19.9% stake as part of a financing transaction sealed earlier this year. Under the agreement it is able to purchase up to 25% of the loyalty scheme, ...
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NewsRyanair and Lufthansa Group sign for sustainable fuel with OMV
Budget carrier Ryanair has reached a provisional agreement with Austrian energy firm OMV covering the supply of sustainable fuel at various airports. The memorandum of understanding will give Ryanair the ability to purchase up to 160,000t of fuel over the next eight years. Ryanair says the agreement will involve delivery ...
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NewsWizz Air firms purchase rights on another 75 A321neos
Central European budget carrier Wizz Air is exercising purchase rights to take another 75 Airbus A321neo twinjets. Chief executive Jozsef Varadi says the A321neo will provide a “strong platform” for the airline’s growth, and that Wizz remains “on track” to be a 500-aircraft group by the end of the decade. ...
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NewsNorthrop rolls out first Australian MQ-4C Triton
Northrop Grumman has rolled out the first MQ-4C Triton unmanned air vehicle for the Royal Australian Air Force.