All articles by Graham Dunn – Page 6
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NewsKorean commits to up to 50 Boeing widebodies
Korean Air has signed a memorandum of understanding covering its intent to acquire 20 Boeing 777-9s and 20 787-10s, together with options on 10 more Dreamliners.
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AnalysisHow will Farnborough compare for air show order announcements?
This week’s Farnborough air show follows one of the busiest events for aircraft order announcements at the Paris equivalent last year.
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NewsLessor ACIA Aero to begin Large Cargo Door conversion on first ATR 72-600
Irish regional aircraft lessor ACIA Aero Leasing is to begin the first ATR 72-600 Large Cargo Door conversion and US maintenance firm Empire Aerospace will begin work on the first aircraft next month.
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NewsAmerican and United resuming flights after global IT outage
American Airlines and United Airlines are resuming flights having been forced to temporarily halt operations as part of the wide-ranging global impact of an IT outage today.
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NewsVirgin Atlantic to drop long-standing Shanghai route
Virgin Atlantic will drop its Shanghai service this winter after 25 years as it further cuts its Asia-Pacific network amid the longer flying times necessitated by not being able to overfly Russia.
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Airline BusinessHow JFK’s new international terminal aims to change up the model for US airports
The chief executive of New York JFK’s new international terminal is confident the facility will set a new model for airport infrastructure in the country
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NewsSpiceJet in fundraising talks after cutting full-year losses
Indian low-cost carrier SpiceJet cut its full-year pre-tax losses to R4.1 billion for the year ended March 2024, after publishing its first set of financial results for six months.
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NewsGerman struggles prompt Lufthansa to cut full-year profit outlook for second time
Lufthansa Group has cut its full-year profit expectations for a second time after disclosing adjusted EBIT down more than one-third at €686 million ($745 million) for the three months ended June 2024.
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NewsDutch court backs ‘balanced approach’ over Schiphol airport capacity cuts
A Dutch court has ruled that a ‘balanced approach’ procedure must be followed in tackling noise issues at Amsterdam Schiphol airport, meaning different mitigating options are considered before any reduction in slots are implemented.
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NewsNorwegian profits slip in second quarter
Scandinavian budget carrier Norwegian’s operating profit slipped 9% in the second quarter to NKr593 million ($55.3 million) compared with the same period last year, as the airline confirmed its recently lowered full-year profits outlook.
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NewsDelta’s profit slips 29% year on year in second quarter
Delta Air Lines’ profit slipped in the second quarter compared with the same period last year, but the US carrier still delivered an operating margin of almost 15% for the three months ending 30 June.
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NewsCommission backs Covid state support to Air France-KLM for a second time
Air France-KLM has welcomed a fresh decision by the European Commission confirming the legality of state financial support given in response to the Covid-19 pandemic, after its originally approval decision was successfully challenged on appeal.
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Airline BusinessIstanbul airport sees expanded tourism reach driving growth ambitions
Just five years after Istanbul airport opened, its new chief executive Selahattin Bilgen is already readying the gateway for the next stage of its development
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NewsTurkish Airlines reaches compensation deal over PW1100G engines
Turkish Airlines has struck a compensation agreement covering engine availability issues impacting the Pratt & Whitney PW1100G geared turbofans powering its Airbus A320neo-family aircraft.
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NewsCathay Pacific to redeem shares to draw line under Covid state support
Cathay Pacific has outlined plans to redeem and cancel its remaining preference shares held by the Hong Kong government related to a recapitalisation carried out in 2020 after the pandemic hit.
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Airline BusinessSpohr sees scale and southern mission giving ITA a chance to prosper as part of Lufthansa
After more than a year of waiting, Lufthansa cannot yet quite begin bringing ITA Airways into the group, even after securing the regulatory green light from the European Commission.
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NewsSouthwest board adopts rights plan to counter activist investors
Southwest Airlines’ board of directors has adopted a rights plan aimed at fending off activist shareholders gaining control of the company.
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NewsWizz reshuffles leadership team as Carey departs
Wizz Air has promoted Michael Delahant to senior chief commercial and operations officer after announcing that its president Robert Carey is leaving the airline to pursue other interests.
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NewsLufthansa aims to close ITA deal in fourth quarter
Lufthansa Group expects to close its deal to acquire a 41% stake in ITA Airways in the fourth quarter after securing conditional European Commission clearance for the transaction.
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NewsLufthansa secures conditional regulatory clearance for ITA deal
Lufthansa Group has secured approval from the European Commission for its proposed progressive acquisition of ITA Airways after agreeing concessions to satisfy the regulator’s competition concerns over the tie-up.