News from FlightGlobal – Page 15
-
NewsGol and Avianca owner Abra to invest in Spanish charter carrier Wamos Air
Abra intends to invest in Wamos Air under a deal both companies say will enable expension, though details remain unavailable
-
NewsIsrair Group to expand its A320 fleet with dry-lease agreement
Israir Group has reached a firm agreement to lease another pair of Airbus A320s, which will give it a summer fleet of 11 aircraft. Both will by dry-leased from a US lessor, which the carrier has not identified. Israir Group states that it entered the agreement on 7 May. The ...
-
NewsCourt annuls Condor restructuring aid decision over failure to initiate formal investigation
Approval of state aid to German carrier Condor has been overturned by the European General Court because it was granted without a formal investigation procedure.
-
NewsAdministrators assessing financial position as Air Vanuatu enters liquidation process
Administrators are assessing the financial position of South Pacific island operator Air Vanuatu after it named financial firm EY as liquidator and grounded flights on 9 May.
-
NewsKorean aircraft sale suggests 747-8I derivative to replace E-4B
The sale of five Korean Air aircraft to Sierra Nevada Corporation suggests that a derivative of the Boeing 747-8I could replace the US Air Force’s E-4B “Doomsday” aircraft.
-
NewsIAG lifts first quarter operating profit on strong passenger demand
British Airways and Iberia parent IAG increased operating profits before exceptionals in the first quarter to €68 million ($59 million) driven by higher passenger revenues for the period.
-
NewsGreek carrier Aegean implementing Saudia codeshare pact
Greek carrier Aegean is entering a partnership with Saudi Arabian flag-carrier Saudia, which will include codeshare services. The two operators unveiled the deal at the Arabian Travel Market event in Dubai. Under the tie-up Aegean will place its ‘A3’ designator code on Saudia-operated flights to Athens from both Jeddah and ...
-
NewsThai Airways to exit restructuring in 2024 as first-quarter profit shrinks
Thai Airways International expects to wrap up its restructuring this year, capping off close to four years of business rehabilitation following the Covid-19 pandemic.
-
NewsEtihad boosts Q1 profits on strong passenger demand and lower financing costs
Increased passenger revenues and reduced financing costs helped Etihad Airways to boost first-quarter net profits to $143 million.
-
NewsCebu Pacific doubles first-quarter profit
Cebu Pacific saw its first-quarter profit double as a jump in revenue – driven by strong passenger travel demand – outpaced an increase in costs.
-
NewsAlaska and Hawaiian agree not to consummate deal for 90-day period
Alaska Airlines cannot close its acquisition of rival US carrier Hawaiian Airlines until 5 August under an agreement with the US Department of Justice. During a 90-day waiting period that began on 7 May and will end on 5 August, the West Coast carriers cannot complete their proposed $1.9 ...
-
NewsATSG secures deal to operate 10 more 767s for Amazon Air
US freight carrier Air Transport Services Group has secured a deal to fly an additional 10 Boeing 767 Freighters on behalf of Amazon Air starting this summer.
-
NewsFrontier and Volaris renew codeshare vows with eyes on transborder collaboration
Frontier Airlines has revived its codeshare partnership with Mexican ultra-low-cost carrier (ULCC) Volaris in a move that both carriers believe will expand their respective horizons.
-
NewsFedEx 767-300ER freighter lands with nose-gear retracted at Istanbul
One of US express carrier FedEx’s Boeing 767-300ER freighters has been involved in a landing incident at Istanbul after its nose-gear failed to deploy. The aircraft was operating flight FX6238 from Paris Charles de Gaulle on 8 May. Istanbul airport’s operator states that the twinjet experienced a “technical issue” which ...
-
NewsVirgin 787 transatlantic SAF flight demonstrated emission and fuel-burn benefits: carrier
Preliminary figures from Virgin Atlantic’s transatlantic Boeing 787-9 flight using 100% wholly-sustainable fuel indicate that it cut carbon and particulate emissions by 64% and 40% respectively, based on a lifecycle analysis.
-
NewsKorean Air to focus on ‘route profitability’ as capacity nears full recovery
Korean Air will prioritise “route profitability” in light of intensifying global competition, as it saw first-quarter profits improve on the back of strong passenger and cargo demand.
-
NewsMaldivian seeks consultancy services to evaluate long-haul fleet strategy
Indian Ocean carrier Maldivian is seeking to advance its widebody aircraft project by hiring a consultancy to examine its expansion into long-haul services. Maldivian had indicated at the beginning of this year that it was looking to obtain Airbus A330-200 or Boeing 787-8 twinjets. The carrier uses a fleet which ...
-
NewsBoeing 737 delivery delays further hinder Allegiant’s growth and pressure finances
All six Boeing 737 Max that Allegiant Travel Group had expected to receive in the first half of the year have been pushed into the latter half, with related costs dragging on the discount carrier’s performance.
-
NewsPoland’s LOT taking three new Embraer jets this summer: chief
Polish flag-carrier LOT’s chief executive, Michal Fijol, has disclosed that the carrier has signed for three Embraer E2 jets which will arrive this summer.
-
NewsNolinor bolsters Northern Canada network with new Edmonton base
With plans to step up flying in support of mining activity in Nunavut, Canadian charter carrier Nolinor Aviation is establishing a secondary base in Edmonton.