News from FlightGlobal – Page 148
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NewsAirAsia X sees China reopening hastening traffic recovery
AirAsia X expects the reopening of China’s borders to accelerate its recovery to pre-pandemic operations, as it sees significant traffic growth in the October-December quarter of 2022.
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NewsAir India teases ‘historic’ aircraft order as airline marks first year under Tata ownership
Air India is expected to make an imminent aircraft order announcement, as new owners Tata Sons today marked a year since they took control of the carrier.
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NewsKLM to take A350 freighters while Air France reinforces A350-900 fleet
Air France-KLM Group has agreed to order four Airbus A350 freighters which its Martinair division will operate for KLM Cargo. The group will also order another three A350-900s for the Air France fleet.
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NewsIndonesia AirAsia ‘planning’ for A330 operations amid fleet ramp-up
AirAsia Aviation Group is planning to operate Airbus A330s from Indonesia for medium- to long-haul operations, as it reiterates its commitment to growing its presence in the country.
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NewsCebu Pacific eyes profitable first quarter
Cebu Pacific is hoping to rebound to profitability in the quarter to 31 March, though it remains wary of potential challenges including fuel costs.
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NewsSouthwest end-year meltdown costs $800 million, leads to Q4 loss
Southwest Airlines lost $220 million during the fourth quarter of 2022 after it was battered by a system-wide meltdown during the busiest travel days of the end-of-year holiday season.
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NewsAlaska posts $58m full-year profit on record revenues
Alaska Air Group posted record full-year operating revenues of $9.65 billion in 2022 and a net profit of $58 million for the year.
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NewsPilot shortages holding back American’s expansion
Pilot availability is still limiting the size of American Airlines’ operation, through the carrier says it has ramped pilot training to accommodate its planned 2023 fleet expansion.
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NewsJetBlue posts $24m profit in Q4 as travel spending outruns costs
JetBlue Airways posted a $24 million profit in the final quarter of the year as end-of-year travel spending rose to compensate for higher costs, especially for jet fuel.
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NewsAlaska follows Airbus A320 retirements with Dash 8 withdrawal
Alaska Airlines unit Horizon Air today operates the last of its De Havilland Canada Dash 8-400s flights after Alaska earlier this month retired the last of its Airbus A320 fleet as part of its accelerated fleet transition announced last year.
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NewsWizz Air summer expansion based on ‘safe’ network growth: Varadi
While Wizz Air plans to increase its capacity 30% this summer, the airline’s chief executive Jozsef Varadi believe this represents a safe way of growing, given expansion is weighted on adding frequencies and has a focus on maturing markets.
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NewsJAL invests in sea-glider start-up Regent Craft
Japan Airlines Innovation Fund, the venture arm of the Japanese carrier, has invested in start-up sea glider developer Regent Craft.
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NewsAmerican turns $127m profit in 2022 as soaring expenses eat into record revenues
American Airlines made a $127 million profit in 2022 as surging expenses offset what was a record year of revenue for the Fort Worth-based carrier.
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NewsWizz sees strong summer ahead as currency gains boost third quarter
European budget carrier Wizz Air is confident of returning to profit and pre-Covid utilisation in the next financial year after more than doubling its revenues in its latest financial quarter.
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NewsAirAsia Aviation units still below half pre-Covid traffic, despite ‘strong recovery path’ in 2022
AirAsia Aviation units were operating at less than half of pre-pandemic capacity – with total passenger volume also far from 2019 levels – despite seeing an “exceptional increase” in demand as international travel resumed in 2022.
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NewsJet2 believes full-year financial results will beat expectations
UK leisure carrier Jet2 is forecasting it will exceed full-year financial expectations, with a profit of £370-385 million ($458-476 million) after winter bookings strengthened. Jet2 states that average load factors, as a result, are slightly ahead of the pre-pandemic winter 2018-19 season, compared with a 24% hike in capacity. The ...
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NewsIndia domestic traffic rises 47% in 2022
Indian airlines saw a significant increase in domestic traffic in 2022 as pandemic restrictions eased, with Tata Sons-owned Vistara and Air India clawing back market share.
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NewsHawaiian restores flights between Honolulu and Fukuoka, Japan
Hawaiian Airlines is reinstating more flights to Japan, its most important overseas market, as it rebuilds its network in the Asia-Pacific region after almost three years of coronavirus-driven restrictions.
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NewsSwiss starts flying A340s with premium-economy cabins
Lufthansa Group carrier Swiss has started flying Airbus A340-300s fitted with premium-economy seating. Swiss is retrofitting all four of its A340s with the seats, the first of which (HB-JMB) commenced services with the new configuration on 24 January with a Zurich-Johannesburg flight. The airline says the A340s will all be ...
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NewsUzbekistan Airways revives attempts to sell ageing Boeing and Soviet-era fleets
Uzbekistan Airways is reviving attempts to sell an ageing fleet of Boeing twinjets as well as older Soviet-era aircraft, having recruited a UK-based consultant. The flag-carrier of the Central Asian state has been modernising its operation and recently opted to acquire additional Airbus A320neo-family jets. But it has been trying ...