News from FlightGlobal – Page 21
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EuroAtlantic seeks to expand fleet as it secures funding commitment from shareholder
Portuguese wet-lease specialist EuroAtlantic Airways has secured a commitment for additional funding from its controlling shareholder, Njord I-Jet, as it looks to expand its fleet under a new management team. Njord I-Jet’s commitment illustrates its “confidence” in the “positive outlook” for the business, says the Lisbon-based carrier. The quantity of ...
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Vinci agrees deal to take majority stake in Edinburgh airport
French airports operator Vinci has agreed a £1.27 billion ($1.58 billion) deal to take a 50.01% stake in Edinburgh airport from Global Infrastructure Partners (GIP), expanding its presence in the UK.
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Russia’s Smartavia shuffles senior leadership again
Russian carrier Smartavia has named Sergei Lazarev as its new chief executive, the fourth individual to hold the post in the space of about two years. Smartavia says Lazarev has been with the airline since March 2021. He was previously serving as first deputy general director for production at the ...
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‘Good start’: Chinese first-quarter passenger traffic hits historic high
Chinese carriers saw their first-quarter passenger traffic reach an all-time high, with domestic traffic recovering well beyond pre-pandemic levels.
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Max 9 grounding consumes United’s first quarter profits
The grounding of United Airlines’ fleet of Boeing 737 Max 9s following the door plug blow-out on Alaska Airlines flight 1282 cost United roughly $200 million.
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United signs for 35 leased A321neos in pivot from Max 10
United Airlines has signed letters of intent with two lessors that will deliver 35 new Airbus A321neos starting in 2026, in a move backfilling the Boeing 737 Max 10s dropped from its fleet plan.
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Thunderstorms and torrential rain badly disrupt Dubai flight operations
Several flights bound for Dubai’s main airport have been diverted after thunderstorms brought torrential rain to the United Arab Emirates on 16 April. Operator Dubai Airports states that the “exceptional weather event” has forced the temporary diversion of inbound evening services, although departures have been able to continue. “The airport ...
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CMA CGM adds two more 777Fs for transpacific launch and will take eight A350s
French logistics specialist CMA CGM is adding two more Boeing 777-200 freighters in summer as it begins transpacific routes this year, part of growth plans which include taking delivery of four additional Airbus A350 freighters.
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Caribbean operator St Barth Executive to introduce STOL version of P2012
Caribbean VIP operator St Barth Executive has been revealed as a launch customer for Tecnam’s short take-off and landing P2012 variant.
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Legal claim over El Al group-booking price hike rejected
El Al states that a class action which accused the Israeli flag-carrier’s ticketing system of unfairly charging higher fares has been rejected in a legal judgement.
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Air New Zealand places order for 9m litres of SAF
Air New Zealand has signed for nine million litres of neat sustainable aviation fuel (SAF) from Neste, representing the producer’s largest order from an airline outside of Europe or North America.
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Lufthansa cuts full-year guidance as strikes prompt first quarter losses to deepen
Lufthansa Group has lowered its profits outlook for the full-year after disclosing a deeper than expected adjusted EBIT loss of €849 million ($903 million) for the first quarter amid strike disruption.
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US carrier IAero files for liquidation after agreement to sell assets to Eastern
US charter carrier IAero Airways has formally filed for liquidation after ceasing operations and reaching an agreement to sell assets, including its Boeing 737 fleet.
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Air Astana strikes partnership pact with Italy’s Neos
Kazakhstan carrier Air Astana has agreed a partnership deal with Italian leisure carrier Neos, including a codeshare and service co-operation on Boeing 787 flights next year.
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Estonian ministers end potential Nordica sale talks but privatisation aim remains
Estonian ministers are suspending discussions with two companies which had sought to acquire the troubled carrier Nordic Aviation Group, although efforts to privatise the company will continue. The ministry of climate change says two entities had submitted binding purchase offers. But one has been determined to be “financially insufficient”, and ...
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Fresh Israel-Iran conflict risks further disrupting Asia-Europe air travel
Airlines in Europe and Asia have began re-routing their operations between the two regions following escalating tensions in the Middle East, further narrowing Asia-Europe flight options and raising operating costs.
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Ural reportedly abandons ‘impractical’ bid to fly stranded A320 out of field
Russian carrier Ural Airlines appears to have abandoned ambitions to rescue the Airbus A320 which landed in a field after running low on fuel during a diversion. The carrier has told the Izvestia newspaper that it considered several options for retrieving the twinjet after it touched down on rough ground ...
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Norse Atlantic shareholders provide loan as carrier prepares for summer cash stream
Long-haul budget carrier Norse Atlantic Airways has obtained additional liquidity through a $20 million shareholder loan. The loan has been granted by Scorpio Holdings and BT Larsen & Co, the two largest shareholders in the airline company. Scorpio has 21.2% of Norse while BT Larsen – which is controlled by ...
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Blue Air 737 struck tail after captain belatedly intervened to avoid hard landing
Italian investigators have attributed a Boeing 737-800’s damaging tail-strike at Naples to the captain’s belated attempt to avoid a hard landing, after the first officer initiated an early flare. The Blue Air aircraft, arriving from Bucharest on 6 May 2022, had been conducting the ILS approach to runway 24. Its ...
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Azorra hands over first E190-E2 to Scoot
Lessor Azorra has delivered an Embraer 190-E2 regional jet to Singapore low-cost carrier Scoot, the first time an airline based in the city-state has introduced an aircraft from the Brazilian airframer.