All articles by Graham Dunn – Page 33
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NewsItaly names new head of streamlined ITA Airways board
Italy’s finance ministry has named Antonino Turicchi as the new president of national carrier ITA Airways after a shareholders meeting today.
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NewsAzul signs for three more A330neos
Brazilian carrier Azul has ordered a further three Rolls-Royce Trent 7000-powered Airbus A330neos taking its fleet of the widebody twin to eight.
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NewsAir France-KLM to launch €300m offering to further repay state aid
Air France-KLM is to launch a new €300 million ($311 million) offering in a further step to accelerate the repayment of French state aid it received in response to the the Covid crisis.
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NewsUK start-up Hans Airways secures fresh financing in push for AOC
UK start-up Hans Airways has completed a new round of financing which it says satisfies the UK Civil Aviation Authority’s requirements for it to secure an air operator certicate (AOC).
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NewsUK regulator flags competition concerns over Asiana-Korean Air merger
UK competition regulators have given merging carriers Asiana Airlines and Korean Air until 21 November to submit proposals to address concerns it has raised around the impact of their tie-up on the London-Seoul route.
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NewsAegean Q3 profit and revenue top 2019 levels
Greek carrier Aegean Airlines posted revenue and profits above pre-crisis levels during a strong third quarter in which capacity was almost fully restored.
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NewsStruggling Flyr aims to raise NKr700m through revised financing plan
Norwegian carrier Flyr is hoping to raise NKr700 million ($68 million) through a newly launched capital raise after a previous planned private placement was under-subscribed
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Airline BusinessLatin carriers re-emerge from crisis but with fresh uncertainties ahead
Passenger numbers are back to pre-pandemic levels in Latin America and financial restructurings are completed. Now attention is turning to consolidation and partnership to help airlines in the region better weather challenges ahead, be they familiar local issues like high taxes and inflation, or the fresh global economic headwinds.
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NewsAzerbaijan’s Silk Way West signs for two Boeing 777-8 Freighters
Azerbaijani cargo carrier Silk Way West Airlines has placed an order for two Boeing 777-8 Freighters and taken options on two more of the type.
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NewsSkymark set to commit to a dozen Boeing 737 Max jets
Japanese carrier Skymark Airlines has outlined plans to bring in a dozen Boeing 737 Max jets, including four ordered directly from the manufacturer.
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NewsEmirates and Gulf Air firm codeshare plan
Middle Eastern carriers Emirates and Gulf Air are set to launch their codeshare next month after formalising the agreement during the Bahrain air show today.
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NewsLATAM cuts Q3 losses as revenues almost back to pre-pandemic levels
LATAM Airlines Group revenues moved to within 3% of pre-crisis levels in the third quarter as it posted an adjusted operating profit of $63 million for the period.
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Airline BusinessHow airline transatlantic capacity has returned, a year since US borders reopened
The reopening of few markets from Covid border restrictions was so eagerly awaited and hard campaigned for as routes across the transatlantic.
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NewsVirgin to support Heathrow on capacity peaks but cancelling flights ‘not an option’
Virgin Atlantic is hopeful “lessons have been learned” to avoid a repeat of this spring’s operational challenges at London Heathrow airport next summer.
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NewsVirgin Atlantic sees growth path ahead after debuting A330neo
Virgin Atlantic expects to be operating five more aircraft in summer 2023 than it did this year after launching services with its first Airbus A330neo.
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NewsLufthansa reaches pay deal with cabin crew
Lufthansa has struck a pay deal with flight attendants through a collective agreement running until at least the end of next year.
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Airline BusinessWhy Icelandair is banking on flexibility to sustain recovery
Buoyed by record revenue and load factors in the third quarter, airline chief executive Bogi Nils Bogason sees the combination of its connecting model across the Altantic and Iceland’s strong tourist market as positioning the carrier to thrive beyond this summer’s peak
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NewsStrong summer lifts Jazeera past 2019 passenger levels over first nine months
Kuwaiti low-cost carrier Jazeera Airways lifted operating profits by 25% to KD16.1 million ($51.8 million) in the third quarter on a doubling of revenues.
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NewsFernandes steps down as acting head of AirAsia X
Tony Fernandes has resigned as acting head of low-cost operator AirAsia X to focus on his role at diversifying airline group Capital A.
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Airline BusinessVueling heads IAG carrier capacity and profits return
Spanish low-cost carrier Vueling is leading the pace in restoring capacity and profit returns among IAG carriers as the group sees all but British Airways and Level operating at or above 2019 ASKs in the first quarter of next year.