News from FlightGlobal – Page 112
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NewsEasyJet narrows first-half losses
EasyJet cut pre-tax losses to £411 million for the first six months of its financial year on revenues 80% up year-on-year.
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NewsAirline Business Index shows industry close to 2019 size amid soaring revenue
The latest Airline Business Index shows the global airline industry’s revenue soared even further above 2019 levels in the first quarter of 2023, as the sector moved to within touching distance of its pre-Covid size.
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NewsKorean-Asiana merger hits European Commission objections
The European Commission (EC) has taken a preliminary view in opposition to the merger of Korean Air and Asiana Airlines, citing the potential reduction in competition between South Korea and the European Economic Area and Europe.
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NewsThai to boost competitiveness with Thai Smile merger
Thai Airways International will merge its Thai Smile unit into the main company, to boost the combined carriers’ efficiency.
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NewsSIA, Cathay flag weaker cargo traffic amid strong passenger demand
Singapore Airlines and Cathay Pacific have flagged challenges in a weakening cargo market, even as passenger traffic continues to climb on the back of strong demand recovery.
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NewsPilots’ strike authorisation vote to have ‘no impact’ on operations: FedEx
US-based logistics specialist FedEx is downplaying its pilots’ vote to authorise a potential strike as a collective bargaining tactic that will have ”no impact on our service”.
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NewsUS airlines gearing up for busy Memorial Day travel weekend
US airlines are gearing up for a busy Northern Hemisphere summer travel season that kicks off in 10 days with the first long weekend – marking US national holiday Memorial Day.
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NewsTransavia cancels hundreds more flights as aircraft shortage persists
Dutch carrier Transavia has cancelled hundreds of flights through to the end of June as it grapples with a shortage of aircraft.
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NewsFlydubai enhances UAE-Canadian links with Air Canada codeshare
Closer air transport ties between Canada and the United Arab Emirates are being further tightened with a codeshare agreement between Air Canada and Flydubai. The two sides have increased co-operation with Emirates opening a new route to Montreal – its second service to Canada – and Air Canada’s cargo division ...
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NewsHelvetic leases more E190s to reinforce summer capacity
Swiss regional carrier Helvetic Airways is leasing another pair of Embraer 190s, which will be sourced from TrueNoord. The aircraft will be place under three-year operating leases with the airline. They will take Helvetic’s fleet to 18 E-Jets, including six E190s. Helvetic also uses 12 of the re-engined E2 family, ...
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NewsScoot experiencing ‘no major issues’ with Pratt-powered A320neos
Singapore low-cost operator Scoot says it has grounded none of its Airbus A320neos owing to supply chain issues affecting the Pratt & Whitney PW1000 engine, and has no intention of extending leases for its A320ceos.
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NewsPhilippine Airlines parent ups Q1 profit on travel rebound
PAL Holdings, the parent of Philippine Airlines, reported a marked improvement in its first-quarter profit, as air travel demand continued to recover.
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NewsWestJet pilots threaten strike as airline responds with lockout notice
WestJet and its pilots are ratcheting up their labour conflict ahead of what is anticipated to be a busy travel weekend – the first of the upcoming travel season.
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NewsOman Air 737 grounded in Iran after sustaining debris damage on landing
One of Oman Air’s aircraft has been damaged by runway debris while landing in Iran, forcing the grounding of the jet. The Boeing 737-900ER had been operating the carrier’s WY2435 service – a chartered flight – from Muscat to Shiraz on 15 May. Oman Air says the twinjet sustained damage ...
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NewsSichuan Airlines receives first Chinese A330-300 converted freighter
Chinese operator Sichuan Airlines has taken delivery of the country’s first converted Airbus A330-300 freighter, through lessor CDB Aviation. The twinjet – powered by Rolls-Royce Trent 700 engines – was modified by the EFW joint venture and Shanghair Technologies Aerospace Company at a facility in Shanghai Pudong. “Introduction of this ...
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NewsAegean cuts pre-tax losses in first quarter on strong growth
Greek carrier Aegean Airlines cut its losses to below pre-pandemic levels for the first three months of 2023, with revenue nearly double last year's figure.
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NewsStrong yields and revenue help Pegasus narrow Q1 loss
Turkish carrier Pegasus Airlines narrowed its net loss in the first quarter to €22 million ($24 million) on record revenues for the period.
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NewsGerman start-up USC looks to operate A340s including converted freighters
German-based start-up operator USC is intending to operate Airbus A340 converted freighters, and has reached an agreement on the modification with the UK’s Avensis Aviation. USC is located in Frankfurt and aims to serve long-range routes with A340-300s and -600s from this summer. It is intending initially to conduct wet-lease ...
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NewsSIA cancels eight Boeing 737 Max orders in fleet rejig
Singapore Airlines (SIA) Group has cancelled orders for eight Boeing 737 Max 8 aircraft, as part of a wider Boeing order adjustment for “projected operational requirements”.
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NewsSingapore Airlines Group swings to record S$2.7 billion annual profit
Singapore Airlines (SIA) Group has posted the highest full-year net profit in its history, on the back of what it says were “proactive strategic initiatives” and “pre-emptive preparation” it undertook during the pandemic.