News from FlightGlobal – Page 231
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Philippine Airlines parent returns to profitability, targets growth in 2022
PAL Holdings swung back to profitability – helped by a reduction in costs – as the group eyes growth and recovery this year.
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Frontier slams JetBlue’s unsolicited bid for Spirit Airlines
Frontier Airlines says JetBlue Airways’ unsolicited surprise offer to buy ultra-low-cost rival Spirit Airlines will make for higher fares and less competition.
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Spirit confirms JetBlue makes surprise $3.6bn bid for outstanding shares
JetBlue Airways has made an unsolicited bid to purchase all of Spirit Airlines’ outstanding stock in an all-cash transaction, throwing into doubt Spirit’s $6.6 billion planned merger with Frontier Airlines.
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JetBlue confirms summer launch of Boston-London flights
JetBlue Airways will begin flights from Boston to both London Gatwick and London Heathrow airports this summer, a move that will expand the airline’s transatlantic network beyond its New York base.
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JetBlue pilots settle ‘Northeast Alliance’ dispute, but hurdles remain
JetBlue Airways’ pilots have ratified an agreement that ends a year-long dispute over aspects of the carrier’s “Northeast Alliance” (NEA) with American Airlines.
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Eurowings receives first A320neo
Lufthansa Group’s low-cost unit Eurowings has taken delivery of its first Airbus A320neo. The CFM International Leap-1A-powered jet landed in Dusseldorf on 1 April following a delivery flight from Toulouse. Source: Airbus Eurowings received its first A320neo in early April The carrier expects the aircraft to enter ...
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An-22 among several Antonov aircraft damaged during Gostomel combat
Ukrainian airframer Antonov has disclosed that several aircraft types, including an An-22 outsize freighter, were damaged during the firefight with Russian forces at Gostomel airport. The large four-engined An-22 had been – along with the six-engined An-225 – a highly-recognisable aircraft within the Ukrainian cargo fleet. Combat operations at Gostomel ...
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Hainan seeks to sell low-use A350s and lease others
Chinese carrier Hainan Airlines is to sell a pair of Airbus A350-900s, and offer another four of the type for lease. The carrier has detailed the plan in a formal tender invitation dated 2 April. It aims to divest the two A350s for sale – both delivered in late 2018 ...
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Indonesian cargo startup RGA-Black Stone eyes drone deliveries
Newly-formed Indonesian cargo carrier RGA-Black Stone Airlines is eyeing opportunities beyond its core freighter business, including venturing into drone delivery services.
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Bamboo Airways parent sees another high-level arrest
Vietnamese police have arrested an accountant at Vietnam’s FLC Group, the parent company of Bamboo Airways, following the arrest last week of the company’s chairman.
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Covid-19 hammers Vietjet revenue in 2021
Vietnam low-cost carrier Vietjet Air had a challenging 2021, with revenue and gross profit down from 2020.
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Air France-KLM eyes Leap engines for A320neo orders
Air France-KLM is in talks with CFM International over a potential Leap-1A engine deal to power its future fleet of Airbus A320neo and A321neo aircraft.
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Russian firm looks to shift carriers onto domestic booking platform
Russian state technology firm Rostec’s joint venture with Sirena-Travel is preparing to enable Russian carriers to transfer to a domestic reservations system, to protect against possible problems with foreign booking platforms. The venture, RT-Transcom, is carrying out preparations under a state order in order to “protect the industry”. It says ...
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Russian presidential decree orders aircraft lease payments in roubles
Russian president Vladimir Putin has issued a decree setting out measures for fulfilling aircraft and engine lease payments, stating that they will be met in Russian currency. The decree on “temporary procedures” to meet obligations to certain foreign creditors was signed on 1 April. Hundreds of aircraft leased to Russian ...
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SAS commercial chief steps down for post in education sector
SAS is losing another senior executive in the space of two weeks, with the decision by chief commercial officer Karl Sandlund to step down. He is set to leave SAS by the beginning of October. His resignation comes two weeks after that of chief financial officer Magnus Ornberg. Sandlund has ...
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Ryanair expects full-year loss towards deeper end of guided range
Budget carrier Ryanair is expecting a full-year net loss of €350-400 million ($385-440 million), prior to exceptional items. This is towards the higher end of the previously-guided loss range of €250-450 million for the airline, whose financial year closed on 31 March. Ryanair says its full-year passenger numbers recovered to ...
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737 Max faces mixed fate in China, as first delivery post-grounding looms
Two of China’s three largest carriers appear to be putting off taking new Boeing 737 Max aircraft in the near term, casting uncertainty the twinjet’s prospects in one of Boeing’s largest markets.
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American Airlines’ Isom becomes CEO as Parker retires
American Airlines’ Robert Isom has taken over the chief executive role from Doug Parker, who retired on 31 March, marking the end of a 36-year airline career.
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Air France to restore 90% capacity, introduce ‘shuttle’ to JFK
Air France will restore capacity to near pre-pandemic levels by what the airline hopes to be a strong peak summer travel season.
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Pobeda parks large part of fleet and concentrates Moscow network on Vnukovo
Aeroflot Group’s budget carrier Pobeda is to cut back its operations, putting 40% of its fleet into storage and trimming its network in response to the constraints on Russian air transport. It will maintain services with 25 Boeing 737s but park 16 others. The airline will also suspend the transfer ...