News from FlightGlobal – Page 128
-
NewsE195 crew warned over insufficient runway length before collision with structures on take-off
Pilots of an Embraer 195 that hit lighting structures on take-off from Belgrade had been warned to check they still had sufficient runway to depart, after lining up at a different intersection than planned, Serbian investigators have disclosed.
-
NewsAsia-Pacific airline outlook improving, but growth faces challenges: consultancy
A new report from Alton Aviation Consultancy suggests that 2024 will see the fortunes of Asia-Pacific airlines continue to improve, albeit with challenging headwinds.
-
NewsAir Canada caps fares and adds seats to help Lynx passengers
Air Canada will cap fares and add 6,000 seats in “select markets” to assist passengers in the wake Lynx Air’s pending cessation of operations.
-
NewsLynx owes Indigo C$124m amid insolvency due to Max grounding and pandemic: court papers
Canadian start-up carrier Lynx Air attributes its descent into insolvency to factors including the grounding of Boeing’s 737 Max, Covid-19 travel restrictions and surging fuel prices.
-
NewsPlay seeks further investor engagement as largest shareholders commit to extra funding
Icelandic budget carrier Play is to hold talks with other investors after its largest shareholders subscribed to new shares worth IcKr2.58 billion ($18.7 million). The airline, in early February, stated that it was seeking new share capital of IcKr3-4 billion to reinforce its cash position. It has since secured binding ...
-
NewsLoganair names new chief executive
Scottish regional carrier Loganair has appointed Luke Farajallah as its new chief executive following the recent departure of Jonathan Hinkles.
-
NewsCanada’s Chorus turns C$106 million profit in 2023 as all segments remain strong
Canada’s Chorus Aviation said its 2023 profit more than doubled year on year to C$106 million as all three segments of the company posted gains.
-
NewsLATAM improves earnings on strong international and domestic passenger demand
LATAM Airlines Group posted improved fourth-quarter and full-year earnings as international capacity surged and domestic demand also remained strong.
-
NewsKuwaiti lessor ALAFCO considers future as it sells 23 more jets to Macquarie
Macquarie Airfinance is to take another 23 aircraft, including five widebodies, from ALAFCO’s portfolio, bringing the total it is acquiring from the Kuwaiti lessor to 76.
-
NewsFinance chief Steenbergen to leave as Lufthansa Group restructures management
Lufthansa Group chief financial officer Remco Steenbergen is to leave the European airline group as part of series of executive changes which also include the appointment for former Airbus and Rolls-Royce executive Grazia Vittadini as its new technology chief.
-
NewsRussian regulator urges de-icing caution after detailing more 737 engine-surge occurrences
Russian authorities have discovered that at least one other Boeing 737 operator has encountered engine instability arising from blade contamination during winter operations. Federal air transport regulator Rosaviatsia states that a 737-800 of Smartavia was involved in an occurrence on 16 January while undergoing maintenance. It says the aircraft (RA-73654) ...
-
NewsLynx Air to cease operations due to high costs and stiff competition
Canadian start-up carrier Lynx Air is ceasing operations on 26 February, citing financial pressure in the highly competitive low-cost segment.
-
NewsThai rebounds to net profit in 2023
Thai Airways International swung back to the black in 2023, posting an annual net profit on gains from its debt restructuring, as well as a continued increase in passenger travel revenue.
-
NewsAirAsia converts some A321neo orders to longer-range variant
Low-cost operator AirAsia is converting a number of its Airbus A321neo orders into A321LRs, as it prepares to resume new aircraft deliveries from the middle of the year.
-
NewsSwiss CEO Vranckx to depart for Lufthansa Group executive board role
Swiss International Air Lines chief executive Dieter Vranckx will leave his post to join Lufthansa Group’s executive board, responsible for global markets and commercial steering hubs, in July.
-
NewsJetBlue expects average of 11 grounded aircraft due to Pratt & Whitney engine issues: CFO
JetBlue Airways expects to have an average of 11 Airbus narrowbody aircraft grounded during 2024 due to inspections of the jets’ Pratt & Whitney PW1100G geared turbofan (GTF) engines.
-
NewsEmirates hints at Clark succession options by naming deputy presidents
Emirates Group has added “deputy president” to the job titles of two of its senior executives, suggesting potential succession options for long-serving Emirates Airline president Tim Clark.
-
NewsAmerican to launch daily flights between JFK and Tokyo Haneda in June
American Airlines will become the only US carrier to connect New York and Tokyo when it launches daily flights to the Japanese city in June.
-
NewsRolls-Royce aims to double time-on-wing for A350-1000 engines operating in sandy conditions
Rolls-Royce is aiming to double the time-on-wing of its Trent XWB-97 engine for A350-1000s operating in harsh environments, through an improvement programme spanning the next two to three years. The ability of the XWB-97 to cope with sandy conditions, typical of those in the Middle East, has been a concern ...
-
NewsAir New Zealand braced for delay in entry of first of new 787s
Air New Zealand no longer expects to receive its first two from a batch of eight new Boeing 787-10s before June 2025.