News from FlightGlobal – Page 146
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Allegiant posts $53m Q4 profit thanks to ‘robust demand’
Allegiant Travel Company, parent of Allegiant Air, rode high demand for leisure travel to a profitable fourth quarter of 2022, capping a year marked by significant operational challenges.
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FAA approves new Aeromexico flight to US as Mexico remains at safety downgrade
The Federal Aviation Administration has approved a new Aeromexico route to the United States even as Mexico remains at an FAA “Category 2” safety status.
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Boeing 747 Freighters will maintain value: Atlas Air CEO
Atlas Air Worldwide Holdings, the buyer of Boeing’s final four 747s, expects the jumbo jets will maintain their value over time – and plans to operate them for up to half a century.
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Qatar A350 and A321neo orders to be reinstated as part of legal settlement
Qatar Airways is to reinstate in full its remaining orders for 23 Airbus A350s as well as 50 A321neos which had been cancelled during its legal dispute with the airframer. But while A350 deliveries are likely to resume this year, FlightGlobal understands, the A321neos will be pushed back to 2026. ...
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Final Boeing 747 departs Everett for its new home
The final Boeing 747 to be built left the airframer’s Everett, Washington plant on 1 February, closing a five-decade-long era for the US airframer.
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Airbus and Qatar avert court trial after settling high-profile A350 dispute
Airbus and Qatar Airways have averted a high-profile court trial after reaching a settlement to resolve their legal clash over the airline’s A350 fleet. The two sides state that they have reached an “amicable and mutually-agreeable settlement”, the details of which are confidential. Their dispute centred on the deterioration of ...
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Airbus prepares to deliver converted A330-200 after EFW modification
Airbus has taken delivery of an A330-200 converted from a passenger to freighter configuration, ahead of its being handed over to an Asian operator. The aircraft underwent modification at the EFW facility in which Airbus is a partner. EFW identifies the airframe as MSN810, a Rolls-Royce Trent-powered example which was ...
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Daring Flyr collapses after launching into crisis-hit market
Norwegian carrier Flyr, having audaciously started up in the midst of the pandemic, survived for fewer than 600 days before being forced into bankruptcy – the latest casualty of Scandinavia’s highly-competitive and often-unforgiving airline market. Oslo’s stock exchange implemented a suspension of trading in the company’s shares on 1 February ...
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Korean Air flags cargo demand slowdown as Q4 profit down 26%
Korean Air has warned that cargo demand – its financial lifeline amid the pandemic – is likely to continue to weaken this year, as its quarterly profits fall despite a return of passenger travel.
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JAL picks New York as first A350-1000 destination; hints at new ‘unprecedented’ cabins
Japan Airlines (JAL) has disclosed operational details for its first Airbus A350-1000s, as it teases “unprecedented” cabin products for its new flagship aircraft.
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Hawaiian narrows Q4 loss, reports slow recovery in Japanese demand
Hawaiian Holdings, parent company of Hawaiian Airlines, reports narrowing fourth-quarter losses as demand for air travel to the Pacific archipelago has largely rebounded – except from Japan.
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Azul Conecta signs for Ampaire Eco Caravan upgrades
Electric powertrain developer Ampaire has scored its first order from a major airline, with Brazil’s Azul signing a letter of intent for up to six Eco Caravan conversions.
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Long-term Condor chief Teckentrup to be succeeded by Brussels Airlines head
Brussels Airlines chief Peter Gerber is to take over as the head of German holiday airline Condor, succeeding veteran Ralf Teckentrup. Gerber’s departure from the Belgian operator – a Lufthansa Group carrier – had previously been disclosed. Condor has confirmed that he will step into the top post from 1 ...
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Norway's Flyr ceases operations after financing fails
Struggling Norwegian carrier Flyr has ceased operations and is to file for bankruptcy on 1 February after failing to secure new financing.
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ALPA-represented JetBlue pilots win 21.5% pay raise with new contract
JetBlue Airways’ pilots approved on 30 January a two-year contract extension that includes a 21.5% pay increase over 18 months.
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Brussels Airlines chief departs
Brussels Airlines will temporarily be led by former chief executive Christina Foerster following the departure of Peter Gerber.
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Frontier Airlines to expand Puerto Rican presence in May
Frontier Airlines plans in May to add several new routes to Puerto Rico as part of an expansion that will see the airline launch its first flights to the US territory’s city of Ponce.
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New Hong Kong firm Fly Meta to take converted 777-300ER freighters
Four converted Boeing 777-300ER freighters are to be delivered to a Hong Kong-based cargo charter carrier through a lease agreement with AerCap. The aircraft are being converted into 777-300ERSFs under the Israel Aerospace Industries modification programme for the twinjet type. IAI had embarked on the programme with US lessor GECAS ...
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UK restores ‘normal’ slot rules for summer
UK transport minister Mark Harper has confirmed the government will restore rules under which airlines will need to use 80% of their landing slots this summer to keep them for 2024, though it will continue some of the flexibilities introduced during the pandemic.
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Asia-Pacific airlines saw big international rebound in 2022: AAPA
Asia-Pacific airlines enjoyed a strong international travel recovery during 2022, as travel restrictions related to the coronavirus pandemic were largely abandoned.