News from FlightGlobal – Page 174
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Asia Pacific passenger recovery robust, though cargo outlook subdued: AAPA
Asia Pacific carriers continue to see robust recovery in their September passenger traffic, with load factors for the month closing in on pre-pandemic levels.
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Asiana returns sole 747-400 to passenger service in China ramp-up
Asiana Airlines is to resume operating its sole Boeing 747-400 – Asia-Pacific’s last in-service example – as it ups capacity on its China network.
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Hawaiian Airlines loses $9.3m in Q3 as ‘international network is still rebuilding’
Hawaiian Holdings, parent company of Hawaiian Airlines, reported a third-quarter loss of $9.3 million as the carrier continues its pandemic recovery.
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JetBlue squeezes $57m profit in Q3
Positioning itself to consume a rival low-cost airline amid concerns from federal antitrust regulators, JetBlue Airways has reported a $57 million third-quarter profit.
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Air Cote d’Ivoire orders two A330neos
Air Cote d’Ivoire has placed a firm order for two Airbus A330neos as it seeks to expand into long-haul markets
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Arab carriers urge governments to avoid repeating ‘draconian’ pandemic response
Arab airlines are urging governments to revise their approach to a potential future pandemic, including recognising that a rapid implementation of closing borders did not mitigate the spread of Covid-19. Speaking during a briefing at the Arab Air Carriers Organization conference in Abu Dhabi, secretary general Abdul Wahab Teffaha highlighted ...
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Nesma aims for fleet expansion after Egyptian investment
Egyptian carrier Nesma Airlines is looking to expand its fleet next year, having consolidated its operation under a single air operator’s certificate. The airline was operating with Egyptian and Saudi Arabian licences but has been brought under Egyptian investment, chief executive Karim Baky told FlightGlobal at the Arab Air Carriers ...
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Royal Jordanian modernises but cost pressures push back break-even target
Royal Jordanian Airlines expects its break-even target to be pushed back at least to 2024 as a result of the continuing pressures on the air transport industry. Speaking to FlightGlobal at the Arab Air Carriers Organization conference in Abu Dhabi, Royal Jordanian chief executive Samer Majali said the carrier had ...
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Volaris keeps foot on growth pedal but fuel costs drag down Q3 profits
Mexican low-cost carrier Volaris lifted revenues a fifth in the third quarter as its strong growth continues, but higher fuel costs dragged down its profits for the period.
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Bamboo Airways eyes alliance membership
Vietnam’s Bamboo Airways has hinted at joining an airline alliance as part of plans for longer-term growth.
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Virgin Australia ‘well advanced’ to profitability two years after exiting administration
Virgin Australia is on track to return to profitability in the year to 30 June 2023, two years after it left administration under owners Bain Capital, and as cost base restructuring efforts pay off.
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Northern Pacific upgrades terminal space in Anchorage ahead of 2023 launch
Start-up US airline Northern Pacific Airways has almost completed a $6 million upgrade of the terminal space it is leasing at Anchorage International airport in Alaska.
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Start-up Aeroitalia plans Bergamo-Heathrow flights in December
Italian start-up Aeroitalia is to begin flights to London Heathrow airport from Milan Bergamo airport in December.
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Rex sees domestic jet operations turn profit in September
Australia’s Regional Express (Rex) reported its first profitable month of domestic jet operations in September.
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TAP to withdraw White-operated ATRs in favour of Portugalia E-Jets
Portuguese flag-carrier TAP is rejigging its regional aircraft composition, ditching some of its wet-leased ATRs in favour of Embraer jets from its Portugalia arm. Conditions attached to the airline’s restructuring programme limit its fleet size to a maximum of 99 aircraft. The carrier has also had to surrender slots. This ...
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Aeromexico’s Q3 revenue up from 2021
Newly restructured Grupo Aeromexico, the parent company of Mexico’s legacy carrier, Aeromexico, reports third-quarter profitability and a rebound from the lows of 2021.
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Hawaiian to operate 10 A330Fs for Amazon, grants retailer ownership rights
Hawaiian Airlines has agreed to operate at least 10 Airbus A330-300 Freighters for Amazon and has granted the online retailer rights to own 15% of Hawaiian Holdings’ stock.
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Eurocontrol assumes no end to Russia and Ukraine airspace restrictions by 2028
Eurocontrol’s baseline expectation is that there will be no return to normal routings through Russian or Ukrainian airspace by the end of its 2028 traffic forecast window.
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Airlines warned lack of common ESG metrics could limit access to capital
The airline industry is putting its access to capital at risk by failing to adopt standardised sustainability metrics, according to speakers at the Aviation Carbon 2022 event in London on 17 October.
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Schiphol to take 40% stake in Maastricht airport under partnership deal
Royal Schiphol Group is to take a 40% stake Maastricht Aachen airport under a strategic partnership which envisages the Dutch regional airport having a major focus on electric-powered flights in future.