News from FlightGlobal – Page 158
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BA sees no place in network for sub-70-seat zero-emission aircraft
British Airways is unlikely to invest in zero-emission aircraft with fewer than 70 seats in order to prove their viability, preferring to wait until a solution is found for narrowbody-sized jets, according to the carrier’s sustainability chief.
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Mango sale moves step closer after SAA drops bidder concerns
Administrators of grounded budget carrier Mango Airlines believe the sale of the airline has moved a step forward after existing owner South African Airways dropped its concerns about a planned transaction.
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Etihad recruits another ex-TAP executive as chief financial officer
Etihad Airways has named another former TAP Portugal executive, Raffael Quintas, as chief financial officer, just weeks after appointing TAP’s ex-chief, Antonoaldo Neves, to lead the airline. Quintas became TAP’s finance chief in 2018 having previously worked as treasurer of Brazilian carrier Azul. His career has also included strategic roles ...
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China’s Ruili Airlines to support Embraer’s Energia effort
Embraer has signed up Ruili Airlines as the first Chinese carrier in its Energia Advisory Group, as it seeks to develop sustainable aircraft for the future. The pact will see Kunming-based Ruili and Embraer working to define performance and design requirements related to Embraer’s proposed Energia Aircraft, namely a pair ...
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Hong Kong Airlines wins court approvals for HK$49 billion debt restructuring
Courts have approved a major restructuring plan for embattled carrier Hong Kong Airlines, which will see its fleet reduced to 20 aircraft from 53.
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United plots 757 replacements with Boeing’s ‘NMA’ off the table
United Airlines faces an imperfect fleet trade off in the coming years due to lack of new-production aircraft with capabilities comparable to the airline’s ageing Boeing 757-300s.
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United Airlines expects to carry 8.3m customers over the end-of-year holiday period
United Airlines expects to transport 8.3 million passengers during the end-of-year holiday travel season, almost 2 million more passenger than last year.
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Delta targets nearly $46bn in 2022 revenue, predicts sustained growth
Delta Air Lines says it expects to reach $45.5-45.6 billion in revenue in 2022, almost as much as it earned in 2019, and raise that figure by 15-20% in 2023 as the carrier predicts a strong and long-lasting post-Covid-19 recovery.
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Lufthansa inches closer to pre-pandemic capacity with new short-haul flights
Lufthansa expects to reach 87% of its pre-crisis flights out of Frankfurt and Munich next summer after unveiling a flying programme featuring seven new routes including Belfast.
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Cyprus Airways looks to bring in A320neos mid-decade
Cyprus Airways is aiming to modernise its fleet with Airbus A320neos, and take the number of aircraft it operates to 11 by 2026. The carrier has outlined a strategic plan under which it will conduct services with four A320s next year – doubling its capacity from the current two – ...
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Hong Kong travel opening lifts Cathay November traffic
Cathay Pacific saw strong traffic growth in November on the back of Hong Kong’s continued opening as it emerges from the coronavirus pandemic.
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Capital A’s Teleport secures $50 million to fund A321F acquisitions
Capital A’s Teleport logistics unit has raised $50 million to help finance new cargo aircraft, and to build out its cargo infrastructure.
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Hong Kong eases travel requirements in boost for air travel
Hong Kong has further eased coronavirus prevention rules for passengers arriving in the city, although it still has extensive coronavirus testing requirements.
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Air New Zealand reveals four partners for low-emission aircraft trials
Air New Zealand has selected four aircraft providers – Beta Technologies, Cranfield Aerospace Solutions, Eviation, and VoltAero – for its Mission NextGen programme, which will see the carrier perform commercial demonstration flights of low-emission aircraft from 2026.
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American names May to succeed Kerr as chief financial officer
Long-standing American Airlines chief financial officer Derek Kerr is to step down from 1 January and will be succeeded in the role by Devon May.
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United hands Boeing order for 100 787 Dreamliners and 100 737 Max
United Airlines has ordered 100 Boeing 787 Dreamliners, and taken options to purchase 100 more, in what it calls the largest-ever widebody aircraft by a US carrier.
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Strong end to 2022 prompts Lufthansa Group to raise full-year profit forecast
Lufthansa Group has raised its full-year operating profit forecast to around €1.5 billion ($1.6 billion), as the final months of 2022 exceed expectations.
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Swiss to replace Airbus A340s with A350s from 2025
Lufthansa Group carrier Swiss International Air Lines will take five Airbus A350-900 aircraft into its fleet from 2025, which are slated to replace its ageing A340-300 fleet on long-haul routes.
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Violent protests halt airport operations in Arequipa
Violent protesters have overrun the airport in Arequipa, Peru, causing the airport’s operator to close the terminal and airlines to cancel flights.
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Finnair extends repayment of €600m loan amid business restructuring
Finnair has extended the period over which it will repay a largely state-guaranteed loan, as it seeks to shore-up its financial position amid the impact of its exclusion from Russian airspace.