News from FlightGlobal – Page 151
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United reports first full-year profit since 2019
United Airlines earned a profit of $737 million in 2022, the first time since 2019 that it ended the year in the black.
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US airlines request extension of slot waivers for flights to Asia
US airlines are requesting an extension of slot waivers for certain long-haul flights that have been in place since Covid-19 disrupted international travel in March 2020.
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Southwest downplayed ‘serious issues with technology’ to shareholders: class-action lawsuit
A class-action lawsuit has been filed on behalf of shareholders of Southwest Airlines based on allegations that the company downplayed the potential for its ageing crew-scheduling software to derail its nationwide operations.
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Bookings and fares strong despite consumer spending concern: Ryanair chief
Bookings and fares are proving resilient to Europe’s economic challenges, according to Ryanair group chief executive Michael O’Leary
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Kenya Airways sees aircraft availability improving amid spare parts pressures
Kenya Airways is reporting some progress in its aircraft availability after recently flagging the risk of service disruptions resulting from supply chain-related maintenance delays.
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Virgin Atlantic fined $1m for operating Delta codeshare flights in Iraqi airspace
UK long-haul carrier Virgin Atlantic has been fined over $1 million by US regulators for operating several flights in restricted Iraqi airspace which were carrying the codeshare of its US partner Delta Air Lines. While operating services between the UK and India, the airline flew within the Baghdad flight information ...
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Government sale concerns put Mango rescue deal at risk
Administrators at grounded South African budget carrier Mango Airlines have warned that a deal to secure new investors may have to be abandoned after concerns raised by the national government.
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Europe powerless to stop Russian overflights by Chinese airlines, says official
The official who runs Europe’s air transport policy admits Brussels is powerless to stop Chinese airlines gaining a competitive edge by overflying Russia after Beijing opened up to international flights for the first time in three years.
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Milan Linate among new services for Finnair’s European network
Finnair’s rejigging of its network will include new services to Milan’s Linate airport as well as the Norwegian city of Bodo. The Oneworld carrier – which will continue serving Milan Malpensa – will also re-open flights to the Slovenian capital Ljubljana as part of its summer schedule. Finnair has had ...
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Chinese majors to delist from NYSE in February
Two of China’s three largest carriers are to delist from the New York Stock Exchange (NYSE), citing the limited number of shares traded and the sufficiency of its existing listings in Shanghai and Hong Kong.
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China’s ‘Big Three’ see 2022 traffic plunge to pandemic lows
China’s three largest carriers reported a new low for their full-year passenger traffic, a reflection of the impact of country’s long-drawn ‘zero-Covid’ battles.
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ANA strikes SAF pact with Itochu and Raven SR
All Nippon Airways (ANA) has signed a memorandum of understanding with Japan’s Itochu Corporation and US firm Raven SR for the long-term procurement of sustainable aviation fuel (SAF).
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SIA group sees robust December traffic as load factors hit record high
The Singapore Airlines Group reported record passenger load factors in December 2022, helped by the reopening of key East Asian markets, which significantly boosted passenger traffic at the end of the year.
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Croatia to take A220s including -100s from Air Lease
Croatia Airlines is to take six of its new Airbus A220s from US lessor Air Lease, including a pair of A220-100s. The airline is intending to modernise its fleet with up to 15 A220s, and placed a firm order with the manufacturer for six of the type, all the -300 ...
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Biggest two lessors confident about full airline recovery in 2023
Leaders of Air Lease and AerCap predict that this year will see a return to industry’s 2019 performance.
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Iraqi Airways introduces third A220
Iraqi Airways has taken delivery of another Airbus A220-300, bringing its fleet of the twinjet type to three.
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Bain Capital mulls Virgin Australia re-listing
Private equity firm Bain Capital is looking to re-list Virgin Australia, as part of wider plans to position the carrier “for continued growth and long-term prosperity”.
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Avolon sees Asia driving upbeat 2023 for airlines
Lessor Avolon is upbeat about the aviation sector’s prospects in 2023 but highlights some key challenges facing the sector.
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Asiana ends temporary freighter flights amid passenger demand recovery
Asiana Airlines has returned to passenger service seven widebodies converted for cargo-carrying purposes, as passenger travel demand continues to recover.
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NTSB and FAA to investigate runway incursion in New York
The US National Transportation Safety Board and the Federal Aviation Administration are investigating a near-miss between two commercial aircraft at New York’s John F Kennedy International airport.