News from FlightGlobal – Page 160
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NewsRyanair group chief O’Leary staying at least until mid-2028
Ryanair Group chief executive Michael O’Leary will remain in his post until at least mid-2028, under a new agreement with the company. The agreement extends his leadership contract by four years, from July 2024 to July 2028, the budget carrier has disclosed. It says O’Leary – who originally became Ryanair ...
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NewsAir India in sweeping widebody cabin update
Air India will spend $400 million to refurbish the cabins of 40 widebody jets, as it continues progress under its Vihaan.AI transformation programme.
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NewsBrussels fleet expansion to include more A320neos
Brussels Airlines is to introduce a pair of Airbus A320neos in 2024, supplementing three of the type due to arrive next year. The carrier says its board of directors has approved the expansion. “Fleet renewal is the most powerful measure to reduce carbon dioxide and noise emissions from flights,” it ...
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NewsAir New Zealand forecasts higher profits amid strong travel demand, fuel price decline
Air New Zealand has raised its half-year profit forecast, on the back of “continued” strong travel demand, as well as a steady decline in jet fuel prices, though it flagged several factors that could affect its profitability in the new year.
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NewsNorwegian operator approves construction of new Bodo airport
Norwegian airports operator Avinor has cleared construction of a new airport for Bodo on the country’s north-western coast. The facility will be completed in 2029, the operator states, following an agreement with the Norwegian armed forces. It will be sited some 900m to the south of the current Bodo airport, ...
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NewsMNG Airlines to list on New York stock exchange
Turkish freight specialist MNG Airlines is to list on the New York stock exchange next year after signing an agreement to go public through a business combination with Golden Falcon Acquisition.
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NewsAir Greenland becomes third A330-800 operator
Air Greenland has become the third operator of the Airbus A330-800, following delivery of the single example ordered by the airline. The carrier formally received the Rolls-Royce Trent 7000-powered twinjet on 30 November, according to the airframer’s latest delivery figures. Only seven A330-800s – the smaller variant of the A330neo ...
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NewsBA starts transferring jets to Euroflyer as new Gatwick carrier secures AOC
British Airways has started transferring aircraft to its new BA Euroflyer division after securing an air operator’s certificate for the carrier, set up to conduct short-haul operations from London Gatwick.
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NewsCebu Pacific reshuffles leadership with new chairman, CEO appointed
Cebu Pacific is set to appoint current CEO Lance Gokongwei to airline chairman from 1 January, as part of a wider leadership reshuffle at the low-cost operator.
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NewsPorter revamps fares and tweaks onboard product ahead of E-Jet arrivals
Canadian carrier Porter Airways has rolled out new fare bundles and several other product updates, including available fresh meals – changes the company says make its economy class the industry’s best.
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NewsIAG sustainability chief warns of industry expertise shortage
Airlines will need to recruit and train more environmental experts if they are to meet carbon reduction commitments, but there is a shortage of required skills.
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NewsVirgin strikes deal for 20% of 2030 SAF requirements
Virgin Atlantic has struck a deal to purchase 10 million gallons annually of sustainable aviation fuel (SAF) produced by US firm Gevo and supplied via the carrier’s joint-venture partner and shareholder Delta Air Lines.
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NewsVirgin chief prepped for ‘subdued’ 2023 but no sign yet of bookings impact
Virgin Atlantic chief executive Shai Weiss is braced for a ”subdued” year in 2023 given global economic headwinds and recession in the UK, though he notes the airline has not yet seen these challenges filter through to forward bookings.
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NewsIATA cites importance of post-war return to Russian airspace for all airlines
A post-war reopening of Russian airspace is an important target for the airline industry, given the congestion and competition concerns created by the current situation, in the view of IATA director general Willie Walsh. Speaking during a media briefing on 6 December, Walsh explained that congestion over Europe is being ...
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NewsShortage of airframe and engine spares ‘worse than I realised’: IATA chief
IATA director general Willie Walsh has warned that a shortage of airframe and engine spares could weigh on the airline industry’s recovery in 2023.
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NewsIATA forecasts global airline industry will return to profit in 2023
The global airline industry is forecast to achieve a net profit of $4.7 billion in 2023 as the recovery from the Covid-19 crisis continues, according to IATA. That would mark the industry’s first positive result since the pandemic hit in 2020, with airlines on course for a loss of $6.9 ...
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NewsWestJet to add first Asia route with Calgary-Tokyo flights
Canadian carrier WestJet is to launch flights from Calgary to Tokyo Narita next summer, marking its first destination in Asia.
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NewsAirline reliability improves, but full recovery far off: ACCC
Australia’s domestic airlines have largely improved their reliability following a record poor performance in the middle of the year, according to data from the Australia’s competition regulator.
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NewsAustralian competition watchdog ‘concerned’ airlines withholding capacity to keep fares high
The Australian Competition and Consumer Commission (ACCC) has warned airlines not to withhold domestic capacity to keep airfares high, as travel demand remains robust.
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NewsWrongly-refitted trim switch left pilots fighting to keep E175’s nose down
US investigators have determined that an Embraer 175 pitch-trim switch, inadvertently fitted upside-down, resulted in the crew’s experienced a serious flight-control incident on departure from Atlanta. The captain had already flown the American Eagle jet from Detroit to New York LaGuardia earlier in the day, but the crew noted a ...