News from FlightGlobal – Page 114
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NewsLessor BOC Aviation to order more Airbus A320neo-family jets
Singapore-based lessor BOC Aviation has agreed to purchase seven Airbus A320neo-family jets, with deliveries commencing this year. The lessor has disclosed the agreement to the Hong Kong stock exchange. BOC Aviation already has 105 A320neos and 86 A321neos on direct order with Airbus, of which it has respectively received 57 ...
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NewsIraqi regulator confirms engine incidents behind A220 grounding
Iraq’s civil aviation regulator has clarified its measures to restrict Iraqi Airways Airbus A220 operations, citing engine damage to two airframes. The Iraq Civil Aviation Authority states that it took the decision to suspend A220 operations over a “sense of responsibility to preserve the safety of passengers and air traffic”. ...
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NewsThai full-service carriers return to black amid tourism rebound
Thai Airways International and Bangkok Airways returned to profitability in the first quarter of the year amid strong growth in tourist arrivals, especially from North Asia.
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NewsSpiceJet’s Singh insists there are no plans for insolvency
Indian low-cost carrier SpiceJet says it has no plans to file for insolvency, as it continues to reactivate grounded aircraft.
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NewsSouthwest Airlines pilots vote to authorise strike
Roughly 10,000 pilots represented by Southwest Airlines Pilots Association (SWAPA) have voted emphatically in favour of authorising a strike as negotiations with the airline on a new contract have stalled.
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NewsCopa eyes Bogota slots for subsidiary Wingo amid Colombia’s air travel uncertainty
Panama’s Copa Airlines is eyeing slots at Bogota’s El Dorado International airport as Colombian competitor Avianca mulls stepping back from its planned acquisition of now-defunct discount carrier Viva Air.
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NewsCourt rules TAP pilot’s death no excuse for refusing passenger compensation
Portuguese carrier TAP is not relieved of its obligation to compensate passengers for a flight cancelled after the death of a pilot, European judges have ruled. The first officer of the Stuttgart-Lisbon service, on 17 July 2019, was found deceased in his hotel room about 2h before the scheduled departure ...
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NewsTurkish Airlines eyes June announcement for massive long-term order
Turkish Airlines is reportedly hoping to announce an aircraft order covering around 600 aircraft next month, which will support it’s recently disclosed ambition to double the size of its fleet to more than 800 over the next decade.
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NewsKLM takes mitigating steps as it flags ‘difficulty’ fully deploying E-Jet E2 fleet
KLM is tweaking its summer schedule and is holding on to several Embraer 190s that were due to be returned to lessors in a bid to overcome a capacity shortage caused by technical challenges affecting its Pratt & Whitney-powered E195-E2s.
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NewsAir Baltic cuts first-quarter loss as it looks towards IPO
Air Baltic improved its revenue performance and significantly cut its net loss in the first quarter of 2023, as the business saw positive outcomes from its mixture of own-brand flying and deals to operate capacity for other carriers.
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NewsEmirates surges back to profit
Profits at Dubai-based Emirates Group have soared to record levels for the year ended 31 March 2023, hitting Dhs10.9 billion ($3 billion), reversing two consecutive years of pandemic-driven losses.
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NewsIraqi Airways aims for May delivery of first 787
Iraqi Airways has indicated that it will receive its first Boeing 787 at the end of May. The airline has been co-ordinating the introduction of the twinjet with the US airframer, and states that it is completing discussions on technical and operational preparations. Iraqi Airways has 10 787s on order, ...
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NewsEmirates creates $200m sustainability fund as chief warns on decarbonisation pace
Middle Eastern carrier Emirates is creating a $200 million fund to accelerate research into reducing commercial aviation’s carbon impact. The Dubai-based airline is warning that the sector needs more effective options to decarbonise. Its sustainability fund is focused on engine, fuel and energy concepts. “It’s clear that, with the current ...
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News'Healthy demand' boosts Copa's first-quarter profit to $122 million
Copa Holdings, the parent of Panama’s Copa Airlines reported a profit of $122 million, up more than one-third from the same quarter in pre-pandemic 2019, driven by “healthy demand”.
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NewsLong aircraft maintenance turnaround times contribute to GlobalX’s Q1 loss
South Florida start-up carrier Global Crossing Airlines (GlobalX) reported a modest first-quarter loss of $6 million as long turnaround times for heavy maintenance kept some of its aircraft grounded throughout the period.
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NewsJet2 puts first A321neo into service
Jet2’s first Airbus A321neo has entered service, marking the beginning of its shift away from operating a Boeing-dominated fleet.
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NewsAvianca will decide this week whether to pursue Viva buy: CEO
Colombian carrier Avianca could decide this week whether to continue pursuing its planned acquisition of low-cost domestic competitor Viva Air, which stopped flying in February due to financial difficulties.
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NewsAvianca’s first-quarter revenue jumps as overhaul continues
Colombian carrier Avianca continued its business transformation during the first quarter of 2023, with its revenue jumping 13.5% year-on-year.
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NewsChina Airlines firms up options for eight more 787s
China Airlines will exercise options to purchase eight more Boeing 787-9 aircraft, adding to an existing order for 16 examples first announced in August 2022 and firmed up a month later.
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NewsVirgin Atlantic cuts losses but pushes profit return to 2024
Virgin Atlantic now does not expect to return to the black until 2024 after today disclosing a pre-tax loss of £206 million before exceptionals for 2022.