All articles by David Kaminski-Morrow – Page 44
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News
Air Arabia maintains strong momentum through second quarter
Middle Eastern budget carrier Air Arabia has turned in a 78% rise in first-half net profit, reaching Dhs801 million ($218 million), on revenues of more than Dhs2.8 billion. The Sharjah-based airline disclosed the performance after a strong second quarter during which it made a net profit of Dhs459 million – ...
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Mexicana successor to start with 737 fleet after government seals compensation deal with workers
Mexico’s government is poised to create a new carrier based on defunct operator Mexicana’s assets, after securing a compensation agreement with workers to take over the brand. Overseen by the defence ministry, and led by a Mexican air force general, the new carrier will lease 10 Boeing 737-800s, with three ...
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Accounting change brings volatility to Aeroflot’s reinstated financial results
Aeroflot’s reinstatement of financial disclosures earlier this month has given an insight into its performance in the year-and-a-half since the Ukrainian conflict began, although the picture has been complicated by changes to accounting methods and the effect of currency exchange. Application of the new federal accounting standard – which affects ...
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Air India to introduce new livery with first A350 arrivals
Air India has unveiled a new livery scheme, which will be introduced with the arrival of the carrier’s first Airbus A350 towards the end of this year. The airline’s owner, Tata Group, is revamping the flag-carrier’s colours as part of its transformation programme. Air India recently placed an extensive order ...
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737 Max awaits engine inlet design fix to avert risk of severe damage from anti-ice
Boeing is undertaking design modification of the 737 Max engine inlet after discovering that use of engine anti-ice in certain operating conditions can result in failure of the inlet’s inner barrel and substantial cowl damage. Operators must revise the aircraft’s flight manual to instruct pilots not to use engine anti-ice ...
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Israel’s El Al starts services with first reconfigured 777-200ER
Israeli flag-carrier El Al has restored to service the first Boeing 777-200ER to be reconfigured with an interior similar to its 787 fleet. The initial aircraft began operating in August, the airline has disclosed. It has six 777s and plans to reconfigure the cabins of four of them. El Al ...
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El Al claims highest second-quarter profit since privatisation
Israeli flag-carrier El Al has turned in the highest second-quarter pre-tax profit since the company’s privatisation two decades ago. El Al states that it achieved a pre-tax profit of $58.8 million for the three months to 30 June, based on revenues of just under $630 million. The revenue figure rose ...
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Airtanker specialist Conair picks up more Dash 8s to counter increasing wildfire risk
Canadian aerial firefighting specialist Conair Group is purchasing another seven De Havilland Dash 8-400 turboprops for conversion into airborne tankers. It is sourcing the aircraft from Kirk Aviation, via asset manager Aergo Capital. Aergo says it handed over the final Dash 8 to Conair in July. It identifies this last ...
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ALAFCO progresses with transfer of aircraft portfolio to Macquarie
Kuwaiti lessor ALAFCO has completed the transfer of nearly half the 53 aircraft it agreed to sell to Macquarie Airfinance Group. ALAFCO states that 24 aircraft had been sold through moving to the buyer the lessor’s interests in special-purpose companies holding the airframes. Sale of these aircraft has generated net ...
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Norwegian secures four-year deal to transport armed forces personnel
Scandinavian budget carrier Norwegian has secured an agreement with the country’s armed forces for defence sector travel over a four-year period. The airline says the contract will begin in the first quarter of next year. Source: InsectWorld/Shutterstock Norwegian values the agreement at around NKr1 billion ($98 million), ...
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Western Global struggled with closure of Chinese market and belly-capacity rebound
US cargo carrier Western Global Airlines has outlined the setbacks which led to its entry to Chapter 11 bankruptcy protection, including a customer shift away from dedicated freighters, contrary to expectations, and the delayed recovery of Chinese activity. Western Global has also been affected by high fuel prices attributed to ...
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MNG Airlines and Golden Falcon terminate proposed business combination
Turkish logistics operator MNG Airlines has terminated its proposed business combination agreement with the specialised private equity company Golden Falcon Acquisition. MNG and Golden Falcon had disclosed the proposed combination in December last year, as part of the airline’s strategy to become a publicly-listed US company on the New York ...
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Mongolia’s MIAT discloses initial routes for 787
Mongolian flag-carrier MIAT is to deploy its first Boeing 787 initially on services to Asia and Europe, as it prepares to put the twinjet on US routes. The airline is expecting shortly to take delivery of a 787-9, one of a pair being leased from AerCap under an agreement reached ...
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News
Nauru Airlines introduces 737-800 converted freighter
Micronesian carrier Nauru Airlines has introduced a Boeing 737-800 freighter to its fleet, claiming it to be the first of the model in the Australian region. Nauru Airlines has an operational base in Brisbane. It states that the 737-800F will expand its cargo capabilities, adding capacity to a fleet which ...
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Oman Air points to integration with SalamAir under restructuring initiative
Oman Air has indicated that closer ties with SalamAir are likely under a restructuring plan outlined by the flag-carrier’s chairman. The restructuring is intended to resolve continuing losses and mounting debts which have burdened the carrier since the Omani government withdrew from Bahrain-based Gulf Air in 2007 to concentrate on ...
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Expanding Jazeera Airways turns in profitable first half
Kuwaiti budget carrier Jazeera Airways is fitting lightweight seats to its expanding fleet, and intends to open additional routes before the end of this year. Jazeera turned in a KD6.27 million ($20.4 million) net profit for the first half. Although this was some 15% down on last year’s interim, the ...
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US freight carrier Western Global files for Chapter 11 to assist restructuring
Pressured US freight operator Western Global Airlines has voluntarily filed for Chapter 11 bankruptcy protection, as it seeks to implement a restructuring plan to cut debt and stabilise the business. Western Global, which operates Boeing MD-11 and 747-400 freighters, had disclosed in July that it was looking at options to ...
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Israeli operator Israir to introduce another pair of A320s
Israir Group’s board has approved the introduction of another pair of Airbus A320s to develop the Israeli operator’s fleet. The two aircraft will be dry-leased and arrive in 2024, according to the company, if an agreement is finalised. Israir Group says the decision is part of a management plan to ...
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SSJ-New model undergoes aerodynamic flutter analysis
Irkut’s SSJ-New, the successor to the Superjet 100, is undergoing aeroelasticity testing as part of the preparation for the aircraft’s maiden flight. An initial round of flutter tests was carried out in June at the Central Aerohydrodynamic Institute in Moscow. This testing has been conducted with a model of the ...
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Niger airspace closes as political unrest continues
Authorities in Niger have closed the country’s airspace, as the African state experiences continuing political unrest. The closure has been confirmed in a NOTAM for the Niamey flight information region which took effect on 6 August. It states that the republic’s airspace is “closed for all flights”, from the ground ...