News from FlightGlobal – Page 173
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Despite pilot shortage, SkyWest turns $48m Q3 profit
SkyWest made a $48 million profit in the third quarter despite its “crew imbalance” related to the global pilot shortage, chief executive Chip Childs said 27 October.
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Gol to add more 737 Max 10s from 2027 and taps ‘white-tail’ market
Brazilian carrier Gol has struck a deal with Boeing covering delivery of a dozen 737 Max 10 jets from 2027 as part of fleet plans which will also see it take ‘white-tail’ aircraft to help reach its target of having 44 Max aircraft by year-end.
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IAG shareholders agree to 50-strong 737 Max order
Shareholders of British Airways and Iberia parent IAG have approved the company’s plan to purchase 50 Boeing 737 Max, including the high-capacity Max 8-200 and the as yet uncertificated Max 10.
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Riding strong demand, Southwest Airlines posts $277 million Q3 profit
Southwest Airlines reported a profit of $277 million in the third quarter thanks to “robust” demand for discount air travel, says chief executive Bob Jordan on 27 October.
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Frontier Airlines turns $33m Q3 profit on strength of demand for leisure travel
Frontier Group Holdings, parent of Frontier Airlines, reported a profit of $33 million in the third quarter of 2022 – the second consecutive profitable quarter for the Denver-based ultra-low-cost carrier (ULCC).
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Amid slow recovery, Spirit Airlines loses $36.4m in Q3
Buffeted by hurricane winds, higher fuel costs and operational constraints, Spirit Airlines reported a loss of $36.4 million in the third quarter of 2022.
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Surging revenue returns Gol to Q3 operating profit
Brazilian low-cost carrier Gol posted record revenues of R$4 billion ($750 million) and the highest yields in its history during the third quarter.
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IAG confirms order for 37 more A320neos after shareholder approval
British Airways and Iberia parent IAG has confirmed an order for 37 A320neo aircraft, after its shareholders approved the purchase on 26 October. The order was announced in late July and followed agreements earlier in the year for 22 A320neo-family jets, meaning IAG has now made firm commitments for 59 ...
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Shortage of 787 cockpit windows reflects industry-wide supply constraints: Lufthansa chief
Lufthansa Group chief executive Carsten Spohr continues to insist that the global aviation industry will see constrained capacity for the foreseeable future as it seeks to serve resurgent demand for air travel.
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Lufthansa earmarks three A380s for 2023 return and expects more to follow
Lufthansa is planning to return three Airbus A380s to its Munich base from June next year, but is also working on a plan to increase that number.
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Paris airports operator raises traffic outlook again
Paris airports operator Groupe ADP has further lifted its passenger traffic expectations for the year after a strong summer performance.
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Lufthansa Group reports strong forward demand as Q3 profit exceeds €1bn
Lufthansa Group is expecting strong demand for air travel to continue “into the coming months”, despite the economic and geopolitical headwinds faced by the airline industry and wider economies.
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Yemenia seeks to double fleet as it rebuilds shattered network
Arabian operator Yemenia is still trying to restore its network after years of civil war in the Middle Eastern state, and resumption of flights earlier this year. Speaking to FlightGlobal at the Arab Air Carriers Organization conference in Abu Dhabi, Yemenia chair Nasser Mahmoud said the airline wanted to expand ...
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Strong international rebound lifts AirAsia Aviation Q3 traffic
AirAsia Aviation carriers reported a significant uplift in passenger traffic for the third quarter of the year, led mainly by a rebound in international travel demand.
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WestJet’s acquisition of Sunwing raises red flags from competition regulator
A Canadian business-competition regulator has raised concerns about WestJet’s proposed acquisition of rival Sunwing Airlines, citing a “substantial lessening or prevention of competition in the sale of vacation packages to Canadians”.
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Heathrow lifts passenger outlook but flags demand return ‘a number of years’ away
London Heathrow airport’s operator still does not expect demand to return to pre-pandemic levels for “a number of years” despite raising its passenger forecast for this year after a strong summer.
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Norwegian trialling expansion beyond Nordics with Riga base
Norwegian views its plan to base two aircraft at Riga International airport from summer 2023 as a “kind of a test” regarding the viability of expanding beyond its current markets.
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Alaska orders 52 more 737 Max, preps to divest remaining Airbus jets
Alaska Airlines has ordered another 52 Boeing 737 Max jets and secured rights to purchase a further 105, aligning the airline’s future with the narrowbody as it aims to divest its remaining Airbus fleet next year.
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Air Canada orders another 15 Airbus A220s
Air Canada has ordered another 15 Airbus A220-300s in a deal that brings the Montreal-based carrier’s total orders for the Canadian-built type to 60 jets.
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Norwegian saw historic-high unit revenue during profitable third quarter
Scandinavian carrier Norwegian achieved an operating profit of NKr1.03 billion ($100 million) during the third quarter of 2022, driven by high unit revenue.