News from FlightGlobal – Page 195
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Profitable Air Arabia progresses with new joint-venture carriers
Middle Eastern budget carrier Air Arabia’s new Armenian operator Fly Arna commenced operations in July. The Yerevan-based operation obtained its air operator’s certificate in June and subsequently opened services to the Egyptian resorts of Hurghada and Sharm el-Sheikh. Air Arabia also states that it has reached an “advanced stage” of ...
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Bangkok Airways narrows Q2 loss
Bangkok Airways trimmed its second-quarter operating loss, as revenue increase outpaced a steady rise in costs.
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Hit by wave of crew sickness, Air New Zealand trims capacity forecast
Air New Zealand is to cut capacity over the next six months, as the airline confronts its highest levels of crew sickness in more than a decade.
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Spirit blames slower recovery on air traffic control issues in Florida
Spirit Airlines is blaming its slower post-Covid recovery in part on air traffic control staffing issues in its home state of Florida.
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LATAM benefits from easing of travel restrictions in Q2
LATAM Airlines Group benefited from increased passenger demand during the second quarter of 2022 as numerous Latin American countries relaxed travel restrictions, making travel easier than it has been for two years.
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Boeing resumes 787 deliveries, handing aircraft to American Airlines
American Airlines has taken delivery of the first Boeing 787 Dreamliner to leave the production line after the US aviation regulator green-lighted the airframe following a 21-month pause
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United pays first installment of $10m to Archer for air taxis
United Airlines has paid air-taxi developer Archer Aviation $10 million in a first installment on its conditional order with the start-up, representing what the companies say is a “watershed moment” for the electric vertical take-off and landing (eVTOL) industry.
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TUI blames UK flight-disruption costs for third-quarter losses
Leisure company TUI would have generated positive third-quarter earnings but for the operational disruption to its flights, mainly at UK airports, during the period. TUI puts the cost of flight disruption at €75 million ($76 million) but states that the resulting EBIT loss of €27 million for the three months ...
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Avianca seeks urgent integration of financially-pressured Viva
Colombian operator Avianca is seeking to accelerate closer ties with Latin American low-cost carrier Viva, in order to protect the budget airline. Avianca has requested authorisation from the Colombian civil aviation regulator to integrate Viva over concerns about Viva’s ability to compete in the face of increased financial pressures. Viva ...
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Cathay Pacific cuts losses despite ‘particularly unfavourable’ start of year
Cathay Pacific Group narrowed its losses for the six months to 30 June on the back of a significant jump in passenger travel revenues, despite what it calls a “particularly unfavourable” operating environment at the start of the year.
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Taiwanese carriers remain in the black amid rising costs
Taiwan’s two largest carriers were profitable in their second-quarter financial results, even as costs and expenses continued to steadily increase.
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Spirit cuts Q2 losses as revenue lift counters rising costs
JetBlue-bound discount carrier Spirit Airlines cut its pre-tax losses for the second quarter to $67.5 million as better than expected revenues helped counter higher fuel costs for the period.
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Mesa posts fiscal Q3 loss amid increasing pilot shortage issues
Mesa Air Group, the parent company of Mesa Airlines, posted a loss for its fiscal third quarter as the company’s block hours fell and it continues to suffer from the pilot shortage.
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Sun Country sees higher leisure demand, struggles with ‘training challenges’
Sun Country Airlines notched higher revenue during the second quarter of 2022, as leisure travel demand rose. However, the Minneapolis, Minnesota-headquartered carrier joins its airline peers across the USA in struggling with ensuring it has enough qualified and current flight crew to cover all of its needs.
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Chinese carriers help lift Airbus net orders by nearly 400 aircraft
Airbus has added nearly 400 net orders to its total for the year, following a strong July, and includes the large agreement for aircraft from four Chinese carriers. These Chinese operators are collectively taking 196 A321neos, plus 82 A320neos and 14 A319neos. Airbus also recorded 39 A321neo orders from LATAM, ...
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Titan cuts losses and sees profits ahead after freight expansion
UK carrier Titan Airways highlights the diversification of its activities, including the introduction of Airbus A321 converted freighter operations, as driving a sharp cut in losses for the year ending March 2022 and bright prognosis for the coming year.
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Hard 737 landing seriously injured harnessed flight attendant
US investigators have disclosed that a seated cabin crew member suffered a serious spinal injury after a Boeing 737-700 landed hard at Santa Ana airport in California. According to the National Transportation Safety Board, the flight attendant – harnessed in the aft jumpseat – said the Southwest Airlines jet “hit ...
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Air Lease encouraged by pace of long-haul aircraft placements
US lessor Air Lease is optimistic that the long-haul sector is showing signs of following the short-haul market into recovery, claiming that 80% of aircraft on its widebody order book have been placed. Speaking during a second-quarter briefing, chief executive John Plueger said commercial aircraft demand was continuing to strengthen, ...
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Australia’s Alliance Aviation exits turboprop operations with Fokker 50 retirement
Australia’s Alliance Aviation has retired – and sold – its fleet of Fokker 50s, citing customer preference for jet aircraft on charter operations.
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Russian civil aviation violations put ICAO credibility at risk: European Commission
Continuing Russian government violation of civil aviation safety procedures threatens the broader credibility of ICAO, the European Commission has warned. Russia is an ICAO Council member but the Commission states that it is “actively working against” principles laid down to ensure air transport safety. Such actions put ICAO’s overall credibility ...