News from FlightGlobal – Page 240
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BOC Aviation buys 11 737 Max 8s headed to Canadian start-up Lynx
BOC Aviation has purchased 11 Boeing 737 Max 8s due for delivery to Canadian start-up Lynx Airlines in 2023-24.
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Former JetBlue and short-time Delta manager to join American
Scott Laurence, JetBlue Airways’ former head of revenue and planning, who left the carrier earlier this year to work at Delta Air Lines, only to resign after a month, will join American Airlines “in the coming days”.
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Canada’s WestJet plans to acquire Sunwing Airlines
Canada’s WestJet will acquire low-cost vacation specialist Sunwing Airlines, along with its Sunwing Vacations tour operator business, shaking up the country’s low- holiday travel sector.
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Ryanair chief expects ‘no dramatic impact’ on bookings if Ukraine conflict is contained
Ryanair is continuing to guide for a big jump in passenger demand over the next 12 months, although the low-cost carrier’s chief executive acknowledges the downside risks created by the Russian invasion of Ukraine.
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Former Turkish chairman turns down Air India chief executive role
Former Turkish Airlines chairman Ilker Ayci has turned down the chief executive role at Air India, two weeks after the airline’s new owners Tata Sons announced his appointment.
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Volotea to take first batch of cadets from new Airbus pilot-training campus
Spanish operator Volotea is to be the first airline customer for a new Airbus flight-training school which has been inaugurated at Angouleme in France. It will be managed by Airbus Flight Academy Europe, a wholly-owned subsidiary of the airframer. Eleven cadet pilots from the school will be recruited by Volotea ...
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Ryanair chief vows carrier will be first to make Ukraine return
The group chief executive of Ryanair insists the low-cost carrier will return to serving Ukraine as soon as the European safety regulator EASA allows, as he voiced strong support for the country’s efforts to repel a Russian invasion.
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Wizz outlines impact of Ukrainian situation on its network
Central European budget carrier Wizz Air expects a 7% reduction on flights within its network during March, as a result of the situation in Ukraine. But the airline says its projected operating loss for the full year – which concludes on 31 March – will be “materially consistent” with previous ...
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El Al given more time to conclude loyalty-scheme sale
Israel’s government has granted flag-carrier El Al more time to sell its frequent-flyer programme, one of the conditions of a financing package agreed with the state. El Al has also pledged not to sell its take-off and landing slots at various airports, or use them in other ways to raise ...
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Boeing cuts Russian airline support; Ukraine mounts Su-24, Su-25 strikes
Boeing has suspended all support for Russian airline customers amid Russia’s continuing invasion of Ukraine, while Kyiv claims that its air force is still in action.
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US to close airspace to Russian aircraft
The US government will close its airspace to Russian aircraft in response to Russia’s invasion of Ukraine
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Frontier to add crew base in Phoenix in November
Frontier Airlines plans to open a crew base in Phoenix later this year as it expands its reach ahead of a planned merger with US ultra-low-cost carrier (ULCC) rival Spirit Airlines.
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Dutch study highlights feasibility of all-electric flights by 2026
Dutch researchers have concluded that the operation of small sub-regional electric aircraft on short routes in the Netherlands should be possible by 2026.
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IATA still expects air travel recovery by 2024 but warns of Russia-Ukraine risks
The Omicron variant of Covid-19 failed to knock the air travel industry off its pandemic recovery path, according to global airline association IATA, with passenger numbers still expected to exceed pre-crisis levels in 2024.
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Swiss to pioneer sun-to-liquid kerosene flights next year
Swiss is set to become the first carrier to use ‘sun-to-liquid’ carbon-neutral fuel, kerosene which will be produced through the application of concentrated sunlight. The Lufthansa Group airline is collaborating with specialist Synhelion to bring the solar aviation fuel to market. “We are supporting Swiss innovation and are actively pursuing ...
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Etihad still ‘on’ for reaching profit in 2023: Douglas
Etihad Airways group chief executive Tony Douglas believes the restructured UAE carrier is still on track to meet its original target of returning to profit in 2023 despite the negative impact of the pandemic.
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Cargo and strong second half help Etihad cut losses in 2021
Etihad Airways cut its full-year core operating loss to $476 million for 2021, aided by improved passenger demand in the second half and record cargo revenues.
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Turkish Airlines returns to profit despite lagging passenger revenues
Turkish Airlines generated a full-year net profit of $959 million for 2021, sharply reversing the net loss of $836 million for the previous year and exceeding pre-crisis performance. International passenger revenues were $5.5 billion, down 44% on pre-crisis levels, while domestic revenues, which make a much smaller contribution, were down ...
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Capital A upbeat despite aviation revenue dive in 2021
The aviation business of Malaysia’s Capital A – formerly the AirAsia Group – saw aviation revenue plummet by two thirds in a brutal 2021 financial year. For the year ended 31 December 2021, the group’s aviation business posted revenues of MYR997 million, down 65% from 2020, according to its full-year ...
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Thai narrows 2021 operating losses amid revenue plunge
Thai Airways narrowed its operating losses in 2021, while revenue declined sharply from 2020.