News from FlightGlobal – Page 181
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NewsPegasus sees post-Covid travel boom ebbing after ‘strong’ second quarter
Pegasus has reinstated its strategic focus on boosting load factors and ancillary revenues as the post-Covid travel boom subsides in the second half of 2023.
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NewsEthiopian to complement London Heathrow service with revived Gatwick route
Star Alliance carrier Ethiopian Airlines is to reinforce its operations to the UK, with a new service to London Gatwick which will commence in winter this year. Ethiopian Airlines says it will serve the route from Addis Ababa three-times weekly from 21 November. The carrier will use Airbus A350-900s on ...
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NewsAsiana, Jin Air see strong international traffic growth
South Korean carriers Asiana Airlines and Jin Air continued to enjoy an international recovery in the second quarter, with Jin citing strong Japanese and Southeast Asian passenger markets.
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NewsJapan’s Skymark in the red despite record quarterly passenger traffic
Japanese carrier Skymark Airlines was loss-making in the first-quarter, despite seeing passenger volumes hit record highs amid strong domestic travel demand.
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NewsCanada Jetlines posts modest Q2 loss, needs ‘to raise additional capital’
North American start-up carrier Canada Jetlines lost C$940,000 ($698,000) during the second quarter as it continues expanding its scheduled and charter operations.
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NewsCargojet’s second-quarter results sag amid ‘difficult’ economic conditions
Canadian carrier Cargojet Airways’ second-quarter revenue declined 15% year-on-year as the freight hauler rode out “difficult” market conditions.
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NewsATSG delivers six converted freighters in past month
US lessor Air Transport Services Group (ATSG) recently delivered six converted cargo aircraft to customers in five countries amid a broad downturn in the global air freight market.
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NewsFAA extends New York-area flight reduction effort as its controller shortage continues
Ongoing air traffic controller shortages in New York have prompted the Federal Aviation Administration to extend for six weeks a programme intended to reduce flight disruptions at New York and Washington, DC-area airports.
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NewsDubai lessor DAE takes over large batch of 737 Max jets from China’s CALC
Middle Eastern lessor Dubai Aerospace Enterprise is to acquire a batch of 64 Boeing 737 Max jets, including Max 10s, from the Chinese leasing company CALC. The aircraft have a delivery schedule which runs from this year to 2026. DAE states that the portfolio includes the Max 8 and Max ...
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NewsSpiceJet swings to first-quarter net profit
Indian low-cost carrier SpiceJet swung to a net profit of Rs2 billion ($24 million) in the quarter ended 30 June, compared with a loss of Rs7.9 billion in the corresponding period a yer earlier.
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NewsTourism recovery keeps Thai carriers in the black
Thailand’s two full-service operators, Thai Airways International and Bangkok Airways, remained profitable in the second-quarter earnings, helped by a rebound in tourism, especially following the reopening of China’s international borders.
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NewsPAL promises ‘major’ product, digital revamp as Q2 profits increase
Philippine Airlines (PAL) is to double down on improving its product offerings, as the carrier improved its quarterly profit on the back of continued demand recovery.
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NewsSIA, Cathay, and Vietjet ramp up Australian capacity
Several Asian carriers are set to increase flying to Australia, with Singapore Airlines upgauging capacity on a number of key routes into the country, as part of a broader network ramp-up.
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NewsUS and China to allow more direct flights between the two countries
The US government has agreed to allow Chinese airlines to increase the number of direct flights between the two countries more than three years after the beginning of the global Covid-19 crisis, with the government of China apparently reciprocating.
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NewsCanada’s Air Transat to expand flying to Latin America this winter
Canadian leisure carrier Air Transat looks to gain a greater foothold in Mexico and South America starting in December.
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NewsUS imposes sanctions against Belarusian carrier and government jet
US authorities have imposed sanctions against the Belarusian flag-carrier Belavia, as well as a specific aircraft used by the country’s government. Belavia operates the aircraft, a Bombardier Challenger 850 – registered EW-301PJ – which is based on the CRJ200 regional jet. It was originally delivered in 2006 to Canadian private ...
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NewsAir Canada rides wave of international travel to second quarter profit
Air Canada generated second-quarter revenue of C$5.4 billion ($4 billion), up 36% from C$3.9 billion during the same period a year ago, as international travel rebounded strongly from the Covid-19 pandemic.
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NewsAir Arabia maintains strong momentum through second quarter
Middle Eastern budget carrier Air Arabia has turned in a 78% rise in first-half net profit, reaching Dhs801 million ($218 million), on revenues of more than Dhs2.8 billion. The Sharjah-based airline disclosed the performance after a strong second quarter during which it made a net profit of Dhs459 million – ...
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NewsTurkish Airlines lifts outlook after strong first half despite cargo decline
Strong demand in the passenger business during the first half has prompted Turkish Airlines to lift its full-year EBITDA expectations, despite a sharp fall in cargo revenues.
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NewsMexicana successor to start with 737 fleet after government seals compensation deal with workers
Mexico’s government is poised to create a new carrier based on defunct operator Mexicana’s assets, after securing a compensation agreement with workers to take over the brand. Overseen by the defence ministry, and led by a Mexican air force general, the new carrier will lease 10 Boeing 737-800s, with three ...