News from FlightGlobal – Page 178
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AerCap orders up to 30 A321P2F conversions from EFW
AerCap has placed a firm order with Elbe Flugzeugwerke (EFW) for 15 Airbus A321 passenger to freighter (P2F) conversions, while taking options on 15 more.
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IAG reports ‘better than expected’ third-quarter trading
British Airways and Iberia owner IAG says trading during the third quarter was better than expected, driven by revenue strength on the passenger side of the business.
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Singapore Airlines and Tata in talks over merging Vistara with Air India
Singapore Airlines is in talks with Tata Group over the possible merger of Vistara into Air India.
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Delta tops record revenues in strong third quarter
Delta Air Lines reports being ahead of plan on profits for the year after posting record revenues of just under $14 billion for the third quarter.
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SmartLynx ties up with US lessor Aero Capital on A321 freighter conversions
Latvian wet-lease specialist SmartLynx is establishing an Airbus A321 converted freighter partnership with US lessor Aero Capital Solutions.
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EasyJet expects full-year EBIT break-even after strong summer quarter
UK budget carrier EasyJet is expecting to break even at EBIT level for the full year, following a strong fourth quarter which encompassed the summer season. Its holidays division achieved a pre-tax profit of more than £35 million. EasyJet is forecasting an overall group pre-tax loss of £170-190 million ($188-211 ...
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Qantas Group expects big swing to profitability
Qantas Group expects a major swing to profitability in the first half of its 2023 financial year, as it rides a strong domestic and international traffic recovery.
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Republic Airways pilots secure major pay raise
Amid a broad surge in regional pilot pay, Republic Airways pilots represented by the Teamsters Local 357 union will receive a big rate increase.
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Oneworld alliance moves headquarters to Fort Worth from New York City
The Oneworld airline alliance plans to move its global headquarters to Fort Worth, Texas from New York City in December 2022.
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Surf Air strikes $450m financing deal with Jetstream Aviation Capital
US aviation company Surf Air Mobility has secured $450 million in financing over six years from Jetstream Aviation Capital to fund the planned growth of its fleet of turboprop aircraft.
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Ethiopian completes initial 767-300ER freighter conversion
Ethiopian Airlines is completed the freighter conversion of an initial Boeing 767-300ER in co-operation with Israel Aerospace Industries. The work was performed within the carrier’s maintenance facilities at its Addis Ababa base. Ethiopian says it began introducing the 767s in 2004 and the twinjets are being replaced by more modern ...
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Air Arabia venture Fly Jinnah set for first flights after securing licences
Air Arabia’s joint-venture Pakistani carrier Fly Jinnah is set to commence flights from Karachi having secured its air operator’s certificate and licence. Fly Jinnah will become the fifth private airline in the Asian state. It says it has passed “rigorous” inspections from the Pakistani civil aviation authority, and been granted ...
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United Airlines will introduce flights to Dubai, Stockholm and Malaga in 2023
United Airlines is expanding its transatlantic summer flying schedule in 2023 to include new destinations Stockholm, Dubai and Malaga, Spain, in addition to adding flights to six other European cities.
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Icelandic carrier Play names new finance chief
Icelandic budget carrier Play has named Olafur Thor Johannesson as its new finance chief, following the decision by Thora Eggertsdottir to step down. Johannesson will take up the position at the beginning of November, the airline states. He previously served as the chief executive of energy firm Skeljung, a post ...
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Nok Air narrows 2021 loss on restructuring revenue gains
Thai low-cost operator Nok Air narrowed its 2021 loss, helped by a revenue gain from debt restructuring, as well as recovery in domestic air travel demand in the second half of the year.
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Japan, Taiwan see capacity rise as regional reopening gathers pace
Following news of Japan reopening its international borders on 11 October, airlines in the region have announced a ramp-up in capacity, in anticipation of an upswing in demand.
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Frontier unveils first A321neo and tweaked paint scheme, plans expansion
Frontier Airlines marked the delivery of its first Airbus A321neo on 11 October, with the carrier’s chief executive saying the jet will further strengthen Frontier’s cost advantage and let it expand to new destinations, possibly including those outside North America.
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Delta Air Lines invests up to $200m in Joby Aviation electric air taxis
A new deal with US startup Joby Aviation could eventually make zero-emissions, last-mile air taxi services available to customers flying with Delta Air Lines through New York and Los Angeles.
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ITA Airways paints first A220 with special sustainability livery
ITA Airways’ first Airbus A220 twinjet will sport a sustainability-themed livery when it enters service in the coming days.
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Boeing reports improved order, delivery activity in September
Boeing in September ramped up its aircraft deliveries and logged a solid month of orders, handing over 51 jets, including seven 787s, to customers during the month.