News from FlightGlobal – Page 169
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NewsCyprus Airways expands network to major European capitals
Cyprus Airways is to expand its network to the major European capitals of Paris and Rome, with year-round services from mid-December. The airline currently operates to seven regional destinations from its Larnaca base: the Greek cities of Athens, Thessaloniki, Rhodes and Heraklion, plus Beirut, Tel Aviv and Yerevan. It uses ...
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NewsLondon Southend operator’s review considers possible aviation business sale
London Southend airport operator Esken is undertaking a strategic review of its businesses, which could potentially involve selling activities including its aviation division or its renewables arm. The company’s aviation operations include London Southend and the ground-handler Star Handling, and it also owns Carlisle Lake District airport. Esken executive chair ...
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NewsLufthansa launches Airbus virtual-reality cockpit training for A320s
Lufthansa Group is to serve as launch customer for a virtual-reality procedure trainer for pilots being developed by Airbus. Airbus intends the system to allow pilots to undertake procedures training without the use of a flight simulator or fixed training equipment. The airframer showed off the development at the European ...
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NewsAir Serbia to open Chinese long-haul link despite restrictions
Air Serbia is to open a new long-haul service connecting Belgrade to the Chinese city of Tianjin before the end of the year. The airline is to open the connection on 9 December. Air Serbia will deploy Airbus A330 twinjets on the route. But continuing Chinese restrictions from the pandemic ...
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NewsCathay chief Augustus Tang steps down
Cathay Pacific chief executive Augustus Tang will be leaving the airline after more than three years at its helm, with current commercial chief Ronald Lam appointed to lead the carrier.
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NewsCDB Aviation places six A320neos with Air India
CDB Aviation has signed lease agreements for six Airbus A320neo aircraft with Air India, as part of efforts to grow its presence in what it calls an “increasingly important market”.
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NewsRepublic Airways cuts 31 Embraer E175s from orderbook
Embraer has stripped 31 E175s from its backlog after US regional carrier Republic Airways apparently cancelled the orders.
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NewsColombian regulators reject Avianca-Viva Air tie up
Colombia’s aviation regulator has rejected a tie-up between Avianca and financially strapped low-cost carrier Viva Air.
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NewsIsraeli state takes Israir convertible bonds in exchange for financial aid
Israel’s government is to provide financial assistance to operator Israir Group in exchange for convertible bonds. The ministry of finance has agreed to provide 33 million shekels ($9.4 million) to the company’s aviation and tourism division. It will provide the funding in US dollars, and receive convertible bonds as collateral ...
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NewsEmirates places order for five new 777Fs
Emirates has placed a firm order for five Boeing 777Fs in a deal worth over $1.7 billion at list prices.
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NewsRegulatory constraints crimp SIA’s capacity growth in some markets
Singapore Airlines (SIA) wants to continue adding capacity on its path to rebuild its network, but faces regulatory constraints for resuming services to some countries.
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NewsAir France-KLM repays €1bn of state loan early after strong results
Air France-KLM Group has repaid early part of the outstanding state-backed loan granted to support the company during the pandemic.
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NewsIndiGo still cool on hedging despite fuel and currency challenges
IndiGo remains unconvinced that fuel and foreign exchange hedging would be beneficial to the business, despite such costs weighing heavily on its financial performance in its fiscal second quarter.
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NewsPessimism over inflation risk to Ryanair’s business ‘exaggerated’: O’Leary
Ryanair chief executive Michael O’Leary insists that concerns over rising inflation and recession on its business have been “greatly exaggerated”. O’Leary shrugged off pessimistic forecasts as the budget carrier group unveiled strong second quarter net profits of €1.2 billion. “As the lowest-cost producer in Europe, we expect to grow strongly ...
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NewsRyanair to retrofit scimitar winglets on 737-800 fleet to cut fuel-burn
Budget carrier Ryanair is to retrofit scimitar winglets across more than 400 Boeing 737-800s in its fleet, in order to trim fuel consumption. The retrofit programme will commence during the winter season, the airline states, and represent an investment of more than $200 million. Scimitar winglets are an evolution of ...
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NewsSIA attributes strong results to early investment in capacity
Singapore Airlines (SIA) partially attributes recent strong financial results to its injection of capacity prior to the emergence of pent-up demand in 2022 as the region’s travel restrictions eased.
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NewsFatalities as Precision ATR lands short and sinks in Lake Victoria
Tanzanian carrier Precision Air believes at least 19 fatalities resulted from an ATR 42-500 accident at Bukoba during which the turboprop came to rest submerged in Lake Victoria. The aircraft – identified by the airline as 5H-PWF – had been operating a service, PW494, from Dar es Salaam. Precision Air ...
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NewsIsrair unifying its fleet around A320s after agreeing to sell ATR 72s
Israeli leisure operator Israir has tentatively agreed to sell its pair of ATR 72-500 turboprops, in order to simplify its fleet. Israir intends to unify its fleet based on Airbus A320s. It has six A320s – two owned and four dry-leased – and intends to add a seventh in the ...
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NewsScotland’s Loganair takes more ATRs to replace Saab 340 fleet
Scottish carrier Loganair is to modernise its fleet, phasing out Saab 340B turboprops in favour of additional ATRs. It will introduce eight ATRs for next summer, while shedding its remaining eight 34-seat Saabs by July. The carrier says the Saabs will be replaced with 48-seat ATR 42s. Loganair states that ...
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NewsPorter expands in Ottawa to service growing fleet
Canadian regional carrier Porter Airlines is expanding with a C$65 million ($48.2 million) facilities upgrade at Ottawa International airport.