News from FlightGlobal – Page 152
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NewsIAG eyes operating margin of 12-15% in medium-term
British Airways and Iberia parent IAG has set itself a medium-term profits target of delivering an operating margin of 12-15%.
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NewsLessor SMBC orders 60 more A320neo family jets
Lessor SMBC Aviation Capital has ordered 60 more Airbus A320neo family aircraft.
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NewsHeathrow ‘actively reviewing’ expansion options under new CEO
London Heathrow airport is reviewing its long-term expansion options, including the possibility of building of a third runway.
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NewsItaly’s ITA Airways seals codeshare with Korean Air
Italian carrier ITA AIrways has agreed a codeshare deal with SkyTeam partner Korean Air.
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NewsConnect Airlines vows to appeal DOT decision to revoke certificate
The US Department of Transportation (DOT) has revoked certificate authority from Waltzing Matilda Aviation, the Massachusetts company that owns start-up regional carrier Connect Airlines.
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NewsFAA taking ‘immediate action’ to implement improvements to ATC safety
Following the publication of a damning report on the state of US air traffic control (ATC) operations earlier this week, the Federal Aviation Administration has said it is taking “immediate action” to enhance training and safety reporting.
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NewsIsrair Group negotiating financial support from government over Gaza conflict
Israeli leisure operator Israir Group is looking to secure financial support from the government as a result of disruption caused by the Gaza conflict. The company states that it expects to receive “significant and full assistance” from the government for as long as the conflict persists, and is holding talks ...
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NewsCompetition regulator warns Norwegian it is considering blocking Wideroe merger
Norway’s competition regulator has notified Norwegian that it is considering blocking its planned acquisition of domestic carrier Wideroe.
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NewsShareholders agree loans to support war-affected Tus Airways
Cypriot-based carrier Tus Airways is to receive financial support through a shareholder loan, as the airline adjusts to disruption caused by the Israel-Gaza conflict. Tus Airways had been operating services to Israel after the outbreak of hostilities in early October – although traffic volume was low – but the cancellation ...
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NewsWet lease operator BBN Indonesia expands fleet with first passenger aircraft
Avia Solutions Group’s Indonesian unit has inducted its first passenger aircraft, as part of fleet expansion plans.
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NewsAir Nostrum to take fuel cell conversions from Dovetail Electric
Spanish regional carrier Air Nostrum has signed for 10 hydrogen-electric aircraft conversions from Dovetail Electric Aviation – an Australian company in which it has invested.
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NewsNorse Atlantic conducts 787 supply flight to Antarctic ice runway
Norse Atlantic Airways has conducted a landing on Antarctic ice using one of the Scandinavian carrier’s Boeing 787-9s. The twinjet flew from Oslo to Cape Town, stopping in South Africa for 40h, before making the onward connection to Antarctica’s Troll research station on 15 November. It was transporting 45 personnel, ...
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NewsStart-up luxury leisure carrier Beond carries out first revenue flight
Start-up premium leisure airline Beond has conducted its first commercial service, with a flight between Munich and the Maldives. The airline operated the service – with the aircraft flying via Dubai – on 15-16 November. Beond displayed its initial aircraft, an Airbus A319 painted in a distinctive dark livery, at ...
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NewsEmirates to expand A350 commitment with additional -900s
Middle Eastern carrier Emirates is committing to additional Airbus A350-900, with an order for 15 more of the twinjets during the Dubai air show. Emirates already has 50 of the -900 on order and the new agreement takes the total to 65. A350-900s are powered by Rolls-Royce Trent XWB-84 engines. ...
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NewsChina Eastern makes north Africa debut; Batik Air adds widebody operations
China Eastern Airlines will launch flights to Cairo from its Shanghai Pudong hub, marking its first foray into the North African market.
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NewsMalaysia Airlines receives first 737 Max
Malaysia Airlines has taken delivery of its first Boeing 737 Max 8 – its first new aircraft type in over five years – after a reported two-month delay.
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NewsSouth Korean LCCs swing to Q3 profit as international travel demand climbs
South Korean low-cost operators T’way Air, Jin Air and Jeju Air continued a profitable streak in their third-quarter earnings, helped by strong international travel demand.
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NewsCopa posts 61% higher Q3 profit as demand climbs
Copa Holdings, the parent company of Copa Airlines, reported a third-quarter profit on higher demand and stable expenses, as the cost of jet fuel fell by one-fifth.
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NewsDelta and Air Baltic launch codeshare partnership
Delta Air Lines and Latvia’s Air Baltic have launched a codeshare partnership due to begin this month.
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NewsAlaska Air Cargo takes delivery of freighter-converted 737-800
Alaska Airlines’ cargo arm has added its first Boeing 737-800 as it plans to increase “flexibility and capacity” on routes throughout Alaska and the contiguous USA.