News from FlightGlobal – Page 136
-
NewsAzul posts record R$15.9bn revenue in 2022
Brazil’s Azul notched record fourth-quarter revenue as passenger travel demand remained strong and cargo continued booming.
-
NewsEl Al plots five-year fleet expansion including 737 replacement
Israeli flag-carrier El Al is considering options to increase its fleet by up to 13 aircraft to keep up with its targets for passenger traffic and market share over the next five years. It is aiming to align the expansion with plans to replace its older Boeing 737 jets from ...
-
NewsAir Baltic leasing A320s to protect schedule from supply-chain snags
Latvia’s Air Baltic is to underpin capacity for the summer by wet-leasing four Airbus A320s, aimed at protecting the airline’s flights from possible supply-chain problems. The twinjets, which will be supplied by charter carrier Avion Express, will be configured with an all-economy layout comprising 180 seats. Air Baltic operates a ...
-
NewsIndiGo downplays possibility of major order
Indian low-cost carrier IndiGo has downplayed a report about possible orders that would eclipse Air India’s recent commitments for new aircraft.
-
NewsAir Nostrum-CityJet tie-up re-cleared by EU regulators
Spanish carrier Air Nostrum’s joint-venture tie-up with Irish operator CityJet has been re-cleared by European competition regulators, more than three years after initially being approved. The two airlines disclosed plans to combine and form a new regional airline group in 2018, operating under a holding company and aiming to offer ...
-
NewsLufthansa take cautious view on capacity as constraints remain
Lufthansa Group continues to be wary of growth constraints from wider supply chain challenges this year as it expects capacity to climb to between 85-90% of pre-pandemic levels.
-
NewsIsrael’s El Al returns to full-year profit
Israeli flag-carrier El Al has generated a full-year operating profit of $113 million, and ended the period with a net surplus of $109 million. The airline says it achieved a fourth-quarter net profit – a figure of $8.5 million – for the first time since 2015, although it points out ...
-
NewsLufthansa highlights southern hub role as ITA talks continue
Lufthansa Group chief executive Carsten Spohr sees the Rome Fiumicino hub of acquisition target ITA Airways as better positioning it to serve southern hemisphere markets as talks on a deal continue.
-
NewsAerCap reveals contact from Russian airlines over possible insurance settlements
Irish-based lessor AerCap signals that it has had contact with Russian carriers and insurers potentially seeking to settle claims over aircraft retained in Russia. AerCap was among a number of lessors forced to write off substantial assets as a result of being unable to retrieve aircraft in the wake of ...
-
NewsLuxair to take four 737 Max 8s, including pair on lease
Luxembourg’s Luxair has ordered two Boeing 737 Max 8s and signed a deal to lease another pair of the narrowbodies, part of a plan to boost its summer capacity.
-
NewsTalks under way over possible partial sale of Lufthansa Technik
Lufthansa has begun talks with potential investors over the possible partial sale of Lufthansa Technik, though the MRO unit will remain a key part of the airline group.
-
NewsHong Kong’s Greater Bay orders 15 Boeing 737 Max 9s and eyes 787s
Start-up Hong Kong carrier Greater Bay Airlines has ordered 15 Boeing 737 Max 9s and made a “commitment” to order five 787s.
-
NewsAir Baltic returns to full-year operating profit
Latvian carrier Air Baltic has returned to full-year operating profit, with a surplus of €32 million ($34 million), although its net result remained negative with a loss of €54 million. Air Baltic generated revenues of just over €500 million – a level similar to that achieved in the pre-crisis 2019 ...
-
NewsSchiphol decision to cut flights faces legal challenge by IATA
IATA is to take legal action against the decision to cut capacity at Amsterdam Schiphol from the next winter season. The airport’s operator is cutting the number of annual flights to 460,000 from November this year, down from 500,000. Schiphol’s operator says this is a “necessary intermediate step” as it ...
-
NewsKrasAvia to test prototype TVRS-44 under provisional acquisition deal
Russian operator KrasAvia is to become one of the initial customers of the proposed UZGA TVRS-44 turboprop with a provisional agreement for 20 aircraft. Under the agreement the carrier would take delivery of the twin-engined TVRS-44s – also known as the ‘Ladoga’ – over the course of 2026-30, through financial ...
-
NewsLufthansa confirms strong rebound to profit in 2022
Lufthansa Group is projecting a “further significant improvement” in profit this year after confirming its return to the black in 2022 with an adjusted EBIT of €1.5 billion ($1.6 billion).
-
NewsAustralia’s competition watchdog proposes to re-allow Jetstar co-operation
The Australian Competition and Consumer Commission (ACCC) has granted interim approval to Qantas and Jetstar for their continued co-operation with Jetstar units in Singapore and Japan.
-
NewsQantas to hire 8,500 new workers, launch engineering academy
Qantas is to hire 8,500 more staff over the next 10 years, in its first hiring spree since it underwent a restructuring exercise in 2020 that saw the dismissal of thousands of workers.
-
NewsUS NTSB releases preliminary report on Austin near-miss
The US National Transportation Safety Board (NTSB) has issued a preliminary report of a near-miss involving a Fedex Boeing 777-300ER and a Southwest Airlines 737 in Austin last month.
-
NewsTurkish Airlines preparing but in no rush to spin out Anadolu Jet
Turkish Airlines is continuing work on establishing its low-cost unit Anadolu Jet as a standalone operation, though has set no firm plans on a possible IPO for the carrier.