News from FlightGlobal – Page 141
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NewsAir France-KLM chief reiterates TAP interest as group prepares to exit M&A restrictions
The chief executive of Air France-KLM has reiterated the group’s interest in acquiring TAP Air Portugal as it moves to exit restrictions attached to Covid-era state aid.
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NewsAir France-KLM expects to exit state aid restrictions in April after swinging to full-year profit
Air France-KLM will in April exit restrictions linked to financial support received from the Dutch and French governments during the pandemic, under plans unveiled as it released its full-year earnings on 17 February.
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NewsUnited Aircraft seals supply contracts covering over 60 jets for Aeroflot
United Aircraft has signed formal contracts to deliver 63 aircraft to Russian operator Aeroflot Group by the end of 2025. Aeroflot Group is to take 18 Irkut MC-21s plus 34 SSJ-New aircraft, as well as 11 Tupolev Tu-214s. United Aircraft has also reached agreement to supply eight SSJ-New twinjets to ...
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NewsAsiana Q4 profits down amid rising fuel costs
Asiana Airlines’ fourth-quarter profits fell despite a rebound in travel demand, as rising costs outpaced an increase in revenues.
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NewsChorus Aviation turns Q4 profit as longtime CEO Randell readies for retirement
Canada’s Chorus Aviation turned a C$45.9 million profit in the fourth quarter of 2022 amid major strategic and leadership transitions, including the looming retirement of longtime chief executive Joseph Randell.
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NewsBoth Yeti ATR propellers feathered just after pilot called for flap extension
Nepalese investigators probing the Yeti Airlines ATR 72-500 crash at Pokhara have disclosed that both propellers feathered just after the flying pilot asked for a further extension of the flaps. The aircraft had been descending to runway 12 following a service from Kathmandu on 15 January. Its landing-gear was deployed ...
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NewsMexico’s Aeromar ceases operations immediately
Mexican regional carrier Aeromar Airlines has shuttered effective immediately after being unable to secure financial assistance to continue to operate long-term.
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NewsNorwegian looks at extending leases as it braces for more delivery delays
Scandinavian carrier Norwegian is considering extending leases on some of its existing fleet as it braces for further aircraft delivery delays next year.
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NewsAirbus to continue fello’fly flight tests via SESAR-backed Geese project
Airbus is pressing ahead with plans to bring its fello’fly vortex recovery system (VRS) into commercial service later this decade and will further refine the concept – and its integration into airline operations – with another round of flight tests conducted through a European research project.
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NewsSustainable fuel crucial to Airbus fleet emission-reduction targets
Airbus has secured approval for its decarbonisation roadmap which includes a 46% reduction, by 2035, of emissions intensity generated by its in-service commercial aircraft. The airframer submitted near-term science-based targets for emissions in their entirety which, it says, have newly been assessed and validated by the Science Based Targets initiative ...
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NewsNorwegian marks full-year profit return despite Q4 loss
Restructured Scandanavian carrier Norwegian posted an operating profit of NKr 1.5 billion ($147 million) for 2022, after reporting a small loss in the low-demand fourth quarter.
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News787s to make up sizeable portion of ANA fleet by 2030
ANA Holdings’ airline units expect to expand their fleet beyond pre-pandemic numbers by 2030, with Boeing 787s expected to have a significant presence in the future fleet.
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News‘Brighter future’: ANA parent outlines near-term airline strategy as recovery continues
The parent company of All Nippon Airways (ANA) is working to “maximise profitability” of its airline business amid a rebound in travel demand, as part of a newly-unveiled corporate strategy that targets “further growth” beyond recovery in the long-term.
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NewsSIA Group sees January traffic dip amid ‘robust’ network demand
Singapore Airlines Group has reported its first dip in passenger traffic in January, following months of continued growth as borders reopened.
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NewsEasing of ‘zero Covid’ gives China’s ‘Big Three’ January joy
China’s three largest carriers reported a significant jump in domestic passenger traffic in January, as they quickly added back capacity to their networks, following the scrapping of most pandemic restrictions.
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NewsCopa Q4 profit rises to $88.3m as demand for travel climbs
Copa Holdings, the parent of Panamanian flag carrier Copa Airlines, posted a fourth-quarter profit of $88.3 million as demand for air travel across the region rose.
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NewsPlay optimistic of full-year profit despite economic uncertainty
Icelandic budget airline Play is expecting positive full-year earnings for 2023, as it prepares to expand its fleet to 10 aircraft and its network to 36 points. Play turned in an operating loss for last year of $44.1 million and a pre-tax loss of $55.5 million, based on revenues of ...
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NewsJetBlue plans major operational expansion in South Florida
Seeking a stronger foothold in South Florida, JetBlue Airways plans to ramp up to more than 250 daily departures from Fort Lauderdale-Hollywood International airport by 2027, including flights to Europe.
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NewsFAA chief launches safety review following several recent close calls
The head of the US Federal Aviation Administration has initiated a safety review in response to several recent “close calls” involving large US commercial jets.
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NewsSAS reassures passengers after cyberattack
Scandinavian carrier SAS is reassuring passengers that there is no risk to their personal data following a cyberattack on the company’s IT systems. The attack occurred on 14 February, the Star Alliance airline states, adding that it was one of several companies to be subjected. Its website and certain other ...