News from FlightGlobal – Page 199
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NewsEthiopian Airlines converts four A350 orders to -1000 variant
Ethiopian Airlines will take four A350-1000 twinjets, having confirmed the conversion of outstanding orders for the -900 variant. The carrier’s chief executive Mesfin Tasew had said during the Farnborough air show on 20 July that Ethiopian was in the “final stage” of negotiations to take the larger version of the ...
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NewsIAG orders 37 more Airbus A320neo-family jets
British Airways and Iberia owner IAG has ordered a further 37 Airbus A320neo-family twinjets, as its single-aisle modernisation effort continues. Announcing the deal on 28 July, IAG says 12 of the A320neo options it took in August 2013 – which covered up to 220 single-aisle jets – have been converted ...
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NewsEtihad claims transformation ‘paying off’ as it swings to first-half profit
Etihad Airways claims that its profitable performance in the first half of 2022 shows that its years-long transformation effort is beginning to produce results. The six-month operating profit of $296 million comes with the Abu Dhabi carrier more than four years into a major restructuring programme, under which it has ...
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NewsSIA Group says demand ‘robust’ through year-end amid swing to record profit
Singapore Airlines Group swung back to profitability in its first-quarter results, helped by strong travel demand that the airline group foresees will continue through the rest of the year.
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NewsJetstar takes delivery of first A321neo
Australian low-cost operator Jetstar has taken delivery of its first Airbus A321LR.
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NewsAeroflot invites investors to participate in share offering
Russian flag-carrier Aeroflot is formally inviting interest in acquiring shares in the company, following the earlier approval of a hike in its authorised capital. The airline states that 5.42 billion ordinary shares are being placed under the capital increase, through an open subscription. Investors who held shares on 11 May ...
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NewsAlliance Aviation chief steps down
Alliance Aviation’s chief executive Lee Schofield has resigned from the carrier after seven years at the helm.
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NewsIncreasing demand for discount travel boosts Frontier’s Q2 earnings
Frontier Group posted record revenue growth during the second quarter as demand for discount travel booms.
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NewsFrontier Airlines ‘disappointed’ at collapse of Spirit deal
Frontier Airlines is “disappointed” after ultra-low-cost peer Spirit Airlines decided to terminate a potential tie-up earlier in the day.
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NewsSpirit and Frontier call off proposed merger
Spirit Airlines and Frontier Airlines have agreed to end their merger discussions but Spirit continues to negotiate with JetBlue Airways.
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NewsFAA proposes secondary barrier for commercial aircraft flight decks
The Federal Aviation Administration has proposed a rule that would require a second physical barrier on commercial aircraft cockpits.
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NewsEasyJet to add A321neos to Lisbon as TAP slots expand network
UK budget carrier EasyJet is to station three Airbus A321neos in Lisbon, in order to operate an expanded network achieved through the acquisition of former TAP Air Portugal slots. The airline is opening 14 new routes this winter, and increasing frequency on seven others, taking the network from the capital ...
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NewsSAS seeks court authorisation to proceed with new Airbus delivery
SAS is seeking authorisation to continue with aircraft deliveries with a filing to a US bankruptcy court setting out justification for the acquisition. The Scandinavian operator has been under US Chapter 11 bankruptcy protection since 5 July. Airbus is due to deliver an A320neo – MSN10937 – to the carrier ...
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NewsLessor LCI signs for up to six more H175 helicopters
Leasing firm LCI has agreed to acquire up to six Airbus Helicopters H175s, with the first to be delivered towards the end of next year. The agreement covers two firm helicopters plus four options, and increases the lessor’s commitment to the type. LCI values the deal at over $125 million. ...
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NewsWizz Air maintains pace of fleet-expansion programme
Budget carrier Wizz Air is maintaining its fleet-expansion programme, although it is prepared for potential disruption from supply-chain issues. It added eight new Airbus A321neos during the quarter while returning four A320s at the end of their leases. The changes take Wizz’s fleet to 157 aircraft. “Our fleet programme remains ...
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NewsWeaker currency forces Wizz to absorb €140m foreign-exchange loss
Weakening of the euro against the US dollar generated a foreign-exchange impact of €140 million which exacerbated budget carrier Wizz Air’s losses over the first quarter. Wizz Air turned in an operating loss of €284 million ($289 million) for the three months to 30 June. But a revaluation of US ...
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NewsAustralian competition regulator okays Rex’s National Jet acquisition
Australia’s Regional Express (Rex) says that it has received preliminary clearance from Australian regulators for its acquisition of National Jet Express.
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NewsNorth America and international demand lifts Hawaiian’s Q2 revenue
Hawaiian Holdings, the parent company of Hawaiian Airlines, credits more international flying and ongoing strong demand from North American markets for its 68% rise in revenue during the second quarter.
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NewsCanada Jetlines to launch revenue service on 15 August
Canada Jetlines, a start-up leisure carrier based in Vancouver, is set to launch passenger revenue service next month.
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NewsBaffled Ryanair vows to appeal EU ruling on €8.4m in ‘illegal’ state aid
Low-cost group Ryanair has vowed to appeal what it describes as a “bizarre” ruling by the European Commission that it benefited from illegal state aid relating to France’s La Rochelle airport between 2003 and 2010. In approving the financial aid provided by the French government to La Rochelle and Beauvais ...