News from FlightGlobal – Page 244
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NewsMeasures prompt Lufthansa to rule out compulsory pilot redundancies
German carrier Lufthansa Airlines has lifted the threat of needing to make compulsory redundancies among its pilots through a series of measures aimed at reducing staff levels in light of the pandemic-hit on demand.
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NewsAir Canada reports heavy 2021 loss but plans significant growth in 2022
Air Canada logged another year of steep losses in 2021 though its overall financial position improved and the airline plans significant 2022 expansion.
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NewsHow Sumati Sharma took on aviation’s gender imbalance
As an Oliver Wyman partner and former member of Virgin Atlantic’s leadership team, Sumati Sharma is the driving force behind a charter that pledges signatories to work to create a less male-dominated aerospace industry
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NewsNorwegian to fly 80-85 aircraft in summer 2023
Restructured low-cost carrier Norwegian is looking to bring in new aircraft for next summer as it aims to rebuild its fleet to between 80 and 100 aircraft by 2024.
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NewsHow Singapore show highlighted the changing world of aviation
Covid-19 might have reshaped aviation, but some things stay the same. Boeing and Airbus will always be slugging it out.
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NewsIndiGo co-founder Gangwal to ‘slowly reduce’ stake
Co-founder of Indian low-cost carrier IndiGo Airlines Rakesh Gangwal has stepped down from the board of the airline’s parent company as he plans to reduce his stake over the coming years.
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NewsGatwick slot sales and improved demand help Norwegian to profit
A sale of some of its slots at London Gatwick airports together with ongoing benefits from its restructuring and improved travel demand helped Norwegian post a small pre-tax profit for the fourth quarter and the the full-year.
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NewsStarlux takes first A330neo; service entry expected by mid-year
Taiwanese carrier Starlux Airlines is due to take delivery of its first widebody, an Airbus A330neo which will operate flights within the Asia-Pacific region by the middle of the year.
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NewsBamboo Airways warms up to 777X, eyes international ramp-up
Vietnam’s Bamboo Airways has “expressed interest” in possibly ordering the Boeing 777X, as it eyes expanding its long-haul international network to 40 destinations by year-end.
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NewsCathay traffic hits new low in new year, as Hong Kong tightens grip on pandemic
Cathay Pacific saw its passenger traffic plunge to a new low in a “difficult” January, as Hong Kong tightened restrictions to stamp out an insurgent wave of Omicron infections.
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NewsAtlas posts Q4 profit as demand remains high
Atlas Air Worldwide Holdings, the parent of Atlas Air, reported a healthy profit for the fourth quarter of 2021 which it attributes to high demand, increased aircraft utilisation, lower maintenance costs and new and extended long-term customer contracts.
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NewsStruggling Trujet in final stage talks over $25m investment
Indian regional carrier Trujet is hoping to finalise talks in the coming days over a $25 million investment aimed at enabling it to restore flights.
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NewsCebu Pacific sees short-haul gains from high-density A330neos
Cebu Pacific will take delivery of three more Airbus A330neos this year — taking its current fleet to five examples — and the remaining 11 jets will follow over the next four years.
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NewsUnited orders 25 Cirrus SR20s for pilot training
United Airlines’ pilot-training business has ordered 25 Cirrus TRAC SR20s and taken options to purchase a further 50, part of an effort by United to significantly ramp pilot training.
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NewsParis airports operator sees group traffic at 70-80% of pre-crisis levels this year
Paris airports operator Groupe ADP expects passenger numbers across its network to be between 70% and 80% of the 2019 levels this year and to recover to pre-crisis highs between 2023 and 2024.
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NewsAir France-KLM could participate in Italian consolidation as it eyes Milan Linate growth
Air France-KLM has not ruled out participating in consolidation in the Italian market, despite conditions relating to the company’s Covid-19 state aid putting a block on acquisition moves.
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NewsKLM chief relaxed on challenges posed by switch from Boeing to Airbus narrowbodies
KLM has time to prepare for the introduction of Airbus narrowbodies into its fleet, chief executive Pieter Elbers said today, and will take learning points from other carriers who have been through similar transitions.
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NewsFreeing Qatar A321neo slots is ‘not self-serving’: Airbus chief
Airbus insists it is not taking a self-serving approach to the cancellation of aircraft orders for Qatar Airways, and that it remains interested in reaching a mutually-acceptable settlement in its dispute with the flag-carrier. The two sides have been engaged in a highly-public spat over fuselage skin-paint deterioration on several ...
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NewsAir France-KLM saw long-haul recovery continue in December despite Omicron
Demand for long-haul travel continued to improve through to the end of 2021, according to Air France-KLM, even as the Omicron variant of Covid-19 prompted the introduction of further travel restrictions.
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News‘Big surprise’ from Air France-KLM as it beats pre-Covid profit in fourth quarter
Air France-KLM’s cost-cutting and restructuring efforts helped it achieve a fourth-quarter 2021 operating profit ahead of that recorded in the same period of 2019.