News from FlightGlobal – Page 239
-
NewsHigh cancellation rates afflicted Flybe’s short-lived operation
UK regional carrier Flybe’s collapse into administration during January was “disappointing and unexpected”, according to the operator of its Belfast City airport base. But while Flybe’s cessation of operations might have seemed sudden, there had been indications of problems at the carrier – notably at its main Belfast and Birmingham ...
-
NewsIndiGo reports profitable end to 2022 as revenue surges
Low-cost carrier IndiGo recorded record revenue during the three months ending 31 December 2022, helping it to its first net profit since the same period in 2021.
-
NewsAir France to link Canadian capital with Europe
SkyTeam carrier Air France is to open the Canadian capital Ottawa’s only non-stop link to Europe, with a service from Paris Charles de Gaulle before mid-year. Air France will commence the operation on 27 June, serving the transatlantic link five-times weekly. It will deploy 224-seat Airbus A330-200s on the route. ...
-
NewsIcelandair closes-in on fleet-renewal decision after airframer talks
Icelandair Group is intending to indicate the results of fleet-renewal discussions over the first half of this year. The operator has been looking to secure deliveries of aircraft over the course of the current decade, as it phases out Boeing 757. Icelandair Group owns 17 passenger 757s, including a pair ...
-
NewsVietjet swings to after-tax loss of VND2.1 trillion for 2022
Vietnam low-cost carrier Vietjet swung to an after-tax loss of D2.1 trillion ($89.6 million) in its 2022 financial year, compared with an after tax profit of D122 billion a year earlier.
-
NewsQantas boss Joyce defends ‘strong safety systems’; says service reliability on the up
Qantas CEO Alan Joyce has hailed the airline’s “strong safety systems” in his first public comments following a spate of mechanical issues to hit the airline at the start of the year.
-
NewsUS regional SkyWest loses $47m in final quarter of 2022
In what Skywest Airlines’ chief executive Chip Childs called a “noisy” fourth quarter of 2022, the regional US carrier lost $47 million, compared with a $4 million profit in the same three months of 2021.
-
NewsSouthwest names Lauren Woods as chief information officer to manage IT overhaul
Southwest Airlines has moved company executive Lauren Woods into the role of chief information officer to help manage the airline’s technology upgrades in the aftermath of its system-wide operational meltdown during peak of holiday travel.
-
NewsSun Country Airlines 'prudently' grows as it posts $17.7m Q4 profit
Sun Country Airlines was able to “prudently” grow its operations in 2022, achieving a modest profit for both the fourth quarter and the full year.
-
NewsIcelandair Group illustrates recovery with full-year operating profit
Icelandair Group has turned in a full-year operating profit of $18.8 million, after keeping its fourth-quarter operating loss to $16.7 million. It generated revenues of $1.26 billion last year including $291 million in the final quarter, during which its capacity had recovered to being 5% down on pre-crisis levels. Icelandair ...
-
NewsPorter launches ‘sister airline’ to operate new Embraer 195-E2s to the USA
Porter Airlines has launched a new ”sister” carrier – Porter Airlines Canada – with an eye on an expansion in the USA using its new Embraer E195-E2s.
-
NewsTurkish Airlines to take ultra-high-density 777-300ERs for IndiGo wet-lease
Turkish Airlines has signalled its intent to operate two ultra-high-density Boeing 777-300ERs as part of a wet-lease deal with codeshare partner IndiGo
-
NewsVirgin Atlantic, British Airways to make Shanghai returns
Virgin Atlantic will resume daily services to Shanghai from the start of May, marking the last of its pre-pandemic network the carrier is restoring.
-
NewsHolland-Kaye to step down as Heathrow airport chief this year
Heathrow Airport chief executive John Holland-Kaye is step down this year after nine years in the role at the London hub
-
NewsJAL, ANA differ in outlook amid rebound to profitability
Japan Airlines (JAL) and All Nippon Airways (ANA) have offered differing near-term outlooks, despite being profitable in their nine-month earnings, and making good progress in recovery following Japan’s border reopening.
-
NewsSecond Chinese carrier resumes 737 Max commercial flights
Hainan Airlines has returned its Boeing 737 Max aircraft to commercial service, becoming the second Chinese carrier to do so within a month.
-
NewsQantas announces April launch of new Melbourne-Jakarta route
Qantas has announced a new route between Melbourne and Jakarta, as the carrier increases its international network.
-
NewsAllegiant posts $53m Q4 profit thanks to ‘robust demand’
Allegiant Travel Company, parent of Allegiant Air, rode high demand for leisure travel to a profitable fourth quarter of 2022, capping a year marked by significant operational challenges.
-
NewsFAA approves new Aeromexico flight to US as Mexico remains at safety downgrade
The Federal Aviation Administration has approved a new Aeromexico route to the United States even as Mexico remains at an FAA “Category 2” safety status.
-
NewsBoeing 747 Freighters will maintain value: Atlas Air CEO
Atlas Air Worldwide Holdings, the buyer of Boeing’s final four 747s, expects the jumbo jets will maintain their value over time – and plans to operate them for up to half a century.