News from FlightGlobal – Page 158
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NewsAll Lufthansa airlines to be profitable for first time in 2023: Spohr
Improved performance across all its carriers means Lufthansa expects all its airline units to be profitable for the first time this year.
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NewsNorwegian extends 737NG contracts to counter Max delays and tight leasing market
Norwegian is signing lease extensions for some of its Boeing 737-800s amid delays in the delivery of 737 Max 8 jets and a tightening market for leased aircraft caused by groundings related to Pratt & Whitney geared turbofans
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NewsTurkish turns to lessors to meet short-term fleet requirements
Turkish Airlines is turning to the lessor market to ensure its growth plans remain on track amid delays in finalising its major fleet order and aircraft availability.
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NewsEmirates SkyCargo rides Asia-Pacific e-commerce boom as it awaits more capacity
Emirates SkyCargo is seeing strong e-commerce demand in the Asia-Pacific region, and is optimistic about the cargo volume offered by its future fleet of converted Boeing 777-300ER freighters.
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NewsQantas faces shareholder ire at AGM, acknowledges ‘substantial’ loss of trust
Qantas shareholders have overwhelmingly voted against the airline’s proposed executive remuneration plan, dealing the embattled national carrier another blow amid a challenging year.
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NewsAirAsia X re-attempts bid to shed financially distressed status
AirAsia X is to appeal against the Malaysian stock exchange’s decision to reject its bid to shed its financially distressed status, reiterating the “significant improvements” in operations in recent months.
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NewsUS NTSB to hold pilot mental health forum in December
The US National Transportation Safety Board (NTSB) will hold a roundtable discussion on pilot mental health after several recent incidents have come to light in which pilots apparently suffered mental breakdowns.
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NewsCanada’s Flair Airlines plans to step up flying to USA in 2024
Canadian discount carrier Flair Airlines’ summer schedule for 2024 includes twice as much flying to the USA and new routes to Quebec City and Guadalajara, Mexico.
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NewsAllegiant loses $25m in third quarter amid ‘modest demand decline’
Allegiant Travel Company posted a $25.1 million loss during a third quarter that increasingly appears to have been a slow period for US low-cost carriers.
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NewsAllegiant’s first 737 Max delivery pushed to 2024
US-based ultra-low-cost carrier Allegiant Air reports that delivery of its first Boeing 737 Max has been delayed until next year.
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NewsNorwegian cuts weight of on-order Max jets as it ‘pushes hard’ on costs
Scandinavian low-cost carrier Norwegian is working on raft of measures to offset the impact of the high-cost environment, including through the removal of certain “add-ons” from its incoming Boeing 737 Max jets.
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NewsLufthansa sees no impact on 2024 capacity despite GTF issue grounding 20 aircraft each day
Lufthansa Group expects to ground 20 aircraft each day during 2024 because of continuing issues with Pratt & Whitney geared-turbofan (GTF) engines, but chief executive Carsten Spohr believes the mitigation measures it has in place mean capacity plans will not be impacted.
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NewsUzbek start-up Air Samarkand begins building Airbus fleet with initial A330
Uzbekistan-based start-up Air Samarkand is set to open services from the city whose name it bears by the end of this year. The new airline intends to operate Airbus flights from Samarkand to cities in Turkey, Vietnam, China, Malaysia and Indonesia. Samarkand is the second-largest city in Uzbekistan after the ...
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NewsNorwegian cautiously positive on booking trends after strong summer
Scandinavian low-cost carrier Norwegian has reported “encouraging” booking trends through to the end of the year, after it achieved its second-highest-ever operating profit during the third quarter.
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NewsRoyal Air Maroc aims for quick decision on ambitious fleet expansion
Royal Air Maroc is expecting to issue a request for proposals relating to a large fleet expansion by the end of this year. Speaking during the Arab Air Carriers Organization conference in Riyadh, the Moroccan flag-carrier’s chief executive, Abdelhamid Addou, said the airline was looking to expand the fleet to ...
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NewsTurkish Airlines lifts Q3 profits by one quarter
Turkish Airlines’ profits climbed by around one quarter for the three months ended 30 September as improving passenger revenues outweighed a drop in cargo turnover during the period.
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NewsLufthansa sticks to full-year outlook after Q3 profits climb to €1.5bn
Lufthansa Group is sticking to its full-year profit expectations despite rising fuel costs, after posting a third quarter operating profit of €1.47 billion ($1.55 billion) on continued strong demand.
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NewsGulf carrier acquisition of Royal Jordanian would ‘make sense’: chief executive
Royal Jordanian chief executive Samer Majali believes the airline is an ideal candidate for acquisition by a larger Gulf-based operator, given its location and capabilities. Speaking to FlightGlobal at the Arab Air Carriers Organization conference in Riyadh, Majali said a strategic investor would obtain an alternative hub – away from ...
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NewsAsiana board okays cargo unit sale to help smooth Korean merger
Asiana Airlines is set to divest its cargo unit, ending an impasse on acquisition plans from compatriot Korean Air, and paving the way for possible European regulatory approval for the impending merger.
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NewsChina’s ‘Big Three’ to see record profits in 2024: HSBC
While China’s three largest carriers are set to remain loss-making for 2023, a HSBC Global Research report predicts “record” profits in 2024 with the easing of several challenges such as overcapacity.