News from FlightGlobal – Page 115
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NewsChina’s ‘Big Three’ expected to post first-quarter profits: HSBC report
A HSBC Global Research report has outlined the possibility of China’s three largest carriers turning profitable in first quarter of the year, on the back of record traffic results.
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NewsAlaska lost $132 million in Q1 amid 737 Max 9 grounding
The financial impact of grounding its 65 Boeing 737 Max 9s in January pushed Alaska Air Group to a $132 million loss in the first quarter of 2024.
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NewsNorse Atlantic further diversifies by unveiling South African route
Long-haul budget carrier Norse Atlantic Airways is opening services to the South African city of Cape Town from London Gatwick later this year. It will start operating the route on 28 October, ahead of the southern hemisphere summer. Norse, which exclusively uses Boeing 787s, says it will serve Cape Town ...
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NewsEasyJet narrows first-half losses
UK low-cost carrier EasyJet expects to post a pre-tax headline loss of between £340-360 million ($423-448 million) for the six months ended March 2024.
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NewsConsumers sue to block Alaska’s proposed acquisition of Hawaiian
A group of US consumers have filed a lawsuit in a federal district court to block on anticompetitive grounds Alaska Airlines’ proposed $1.9 billion acquisition of rival West Coast carrier Hawaiian Airlines.
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NewsAegean to configure four A321neos for longer-range operations
Greek carrier Aegean Airlines is to take four Airbus A321neos configured for extended-range operations as it targets markets in Africa, Asia and the Middle East.
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NewsAlaska Airlines executes brief nationwide ground stop due to ‘abundance of caution’
US carrier Alaska Airlines requested and was granted by the Federal Aviation Administration a nationwide ground-stop that lasted for about 1h on the morning of 17 April.
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NewsIsrair Group restores fleet capacity to pre-conflict levels
Six months after the Israeli-Gaza conflict began, leisure carrier Israir Group has restored its fleet to pre-war levels. The airline says it will have nine single-aisle aircraft available, 192 days since the outbreak of the conflict in October 2023. With this level of capacity, it adds, it will be able ...
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NewsEuroAtlantic seeks to expand fleet as it secures funding commitment from shareholder
Portuguese wet-lease specialist EuroAtlantic Airways has secured a commitment for additional funding from its controlling shareholder, Njord I-Jet, as it looks to expand its fleet under a new management team. Njord I-Jet’s commitment illustrates its “confidence” in the “positive outlook” for the business, says the Lisbon-based carrier. The quantity of ...
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NewsVinci agrees deal to take majority stake in Edinburgh airport
French airports operator Vinci has agreed a £1.27 billion ($1.58 billion) deal to take a 50.01% stake in Edinburgh airport from Global Infrastructure Partners (GIP), expanding its presence in the UK.
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NewsRussia’s Smartavia shuffles senior leadership again
Russian carrier Smartavia has named Sergei Lazarev as its new chief executive, the fourth individual to hold the post in the space of about two years. Smartavia says Lazarev has been with the airline since March 2021. He was previously serving as first deputy general director for production at the ...
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News‘Good start’: Chinese first-quarter passenger traffic hits historic high
Chinese carriers saw their first-quarter passenger traffic reach an all-time high, with domestic traffic recovering well beyond pre-pandemic levels.
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NewsMax 9 grounding consumes United’s first quarter profits
The grounding of United Airlines’ fleet of Boeing 737 Max 9s following the door plug blow-out on Alaska Airlines flight 1282 cost United roughly $200 million.
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NewsUnited signs for 35 leased A321neos in pivot from Max 10
United Airlines has signed letters of intent with two lessors that will deliver 35 new Airbus A321neos starting in 2026, in a move backfilling the Boeing 737 Max 10s dropped from its fleet plan.
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NewsThunderstorms and torrential rain badly disrupt Dubai flight operations
Several flights bound for Dubai’s main airport have been diverted after thunderstorms brought torrential rain to the United Arab Emirates on 16 April. Operator Dubai Airports states that the “exceptional weather event” has forced the temporary diversion of inbound evening services, although departures have been able to continue. “The airport ...
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NewsCMA CGM adds two more 777Fs for transpacific launch and will take eight A350s
French logistics specialist CMA CGM is adding two more Boeing 777-200 freighters in summer as it begins transpacific routes this year, part of growth plans which include taking delivery of four additional Airbus A350 freighters.
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NewsCaribbean operator St Barth Executive to introduce STOL version of P2012
Caribbean VIP operator St Barth Executive has been revealed as a launch customer for Tecnam’s short take-off and landing P2012 variant.
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NewsLegal claim over El Al group-booking price hike rejected
El Al states that a class action which accused the Israeli flag-carrier’s ticketing system of unfairly charging higher fares has been rejected in a legal judgement.
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NewsAir New Zealand places order for 9m litres of SAF
Air New Zealand has signed for nine million litres of neat sustainable aviation fuel (SAF) from Neste, representing the producer’s largest order from an airline outside of Europe or North America.
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NewsLufthansa cuts full-year guidance as strikes prompt first quarter losses to deepen
Lufthansa Group has lowered its profits outlook for the full-year after disclosing a deeper than expected adjusted EBIT loss of €849 million ($903 million) for the first quarter amid strike disruption.