News from FlightGlobal – Page 25
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NewsFlydubai to bring first international services to new Red Sea airport
United Arab Emirates carrier Flydubai is preparing to become the first airline to operate international services to the new Red Sea airport in Saudi Arabia.
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NewsAlaska and Hawaiian enter 90-day timing agreement with DOJ amid antitrust review
Hawaiian Airlines and Alaska Airlines have entered into an agreement regarding the timing of their proposed tie-up as they work to satisfy the US Department of Justice’s requests for documentation.
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NewsAvelo expands New Haven network with four new destinations
Avelo Airlines will add four new destinations to its map this summer, including the first commercial flights to Lakeland, Florida, in more than a decade.
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NewsGol slips to fourth quarter loss as it works through bankruptcy process
Restructuring Brazilian low-cost carrier Gol swung to a net loss of R1.1 billion ($221 million) in the fourth quarter, the first results it has disclosed since entering bankruptcy protection in January.
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NewsLynx Air and Boeing agree to terminate 737 Max purchase deal
Canadian operator Lynx Air has reached a formal agreement with Boeing to cancel a large aircraft purchase deal, following the airline’s cessation of operations in February. The original deal dates back to October 2015 and covered the purchase of 40 aircraft plus the lease of six more. According to court ...
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NewsTus Airways’ ownership split three ways after investment transaction
Cypriot-based Tus Airways’ ownership has been equally split three ways, following completion of an investment transaction by a third party. Tus Airways had previously been owned by Global Knafaim Leasing and US entrepreneur Kenneth Woolley, with Woolley holding a stake of slightly over 50%. But Global Knafaim states that a ...
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NewsAirAsia boosts Southeast Asia connectivity, as Vistara operates 787s to Bali
Asia-Pacific airlines have beefed up route networks amid robust travel demand, with AirAsia, Jetstar Asia, Korean Air, and Tiger Air Taiwan launching new routes.
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NewsSkyWest chairman Jerry Atkin to retire after four decades with US regional carrier
Jerry Atkin, chair of SkyWest Airlines’ board of directors, is planning to retire in May, marking the end of four-decade-long tenure with the company’s senior leadership team.
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NewsAcquisition targets ITA Airways and TAP Air Portugal flag improved results
European acquisition targets ITA Airways and TAP Air Portugal both flagged improved financial results for 2023, as the Italian carrier reached break-even a year earlier than budgeted and the Portuguese airline posted record profits.
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NewsSAS’s parent company formally seeks Swedish re-organisation
Scandinavian carrier SAS’s parent company, SAS AB, has formally filed for re-organisation in Sweden, a measure previously indicated during SAS’s proceedings under US Chapter 11 protection. Successful completion of this re-organisation is a condition for the airline’s Chapter 11 plan, which recently secured US bankruptcy court approval. The company requires ...
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NewsStrong holiday demand lifted Asia-Pacific airlines in February: AAPA
International air traffic in the Asia-Pacific continued to rebound in February, with airlines benefiting from a surge in leisure travel during the Lunar New Year holiday period.
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NewsSouthern Airways Caravan’s engine made ‘shattering noise’ before highway landing
A Southern Airways Express Cessna 208B Grand Caravan that made an emergency landing on a highway near Washington DC’s Dulles International airport lost engine thrust after pilots heard a “sudden shattering noise and vibrations coming from the engine area”.
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NewsCanada Jetlines to fly A320s between Africa and Europe on behalf of Air Arabia Maroc
Start-up carrier Canada Jetlines plans to deploy two of its Airbus A320s for flights this summer between Morocco and Western Europe through a three-month contract with Air Arabia Maroc.
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NewsIceland’s Play to open public share offering window in April
Icelandic budget carrier Play will aim to raise up to IcKr500 million ($3.6 million) in a public offering next month, to support funding already promised under subscription commitments. The airline will open the offer period on 9 April and it will run to 11 April. Play is prepared to issue ...
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NewsKenya Airways posts first annual operating profit for seven years
Kenya Airways posted its first operating profit for seven years in 2023 off the back of increased passenger numbers, although heavy currency exchange impact kept it loss-making at an overall level.
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NewsUK’s Jet2 to open Bournemouth base next year
UK leisure carrier Jet2 is to establish a new base at Bournemouth, on the south coast, and unveiled a batch of destinations to be served in summer next year. The decision brings the number of UK bases for the holiday airline to 12. Jet2 says it will initially base two ...
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NewsCebu Pacific returns to profit as it closes in on record narrowbody order
Cebu Pacific has confirmed it is in the “closing stages” of negotiations for the order of up to 150 narrowbody aircraft, with a likely announcement “a month of two away”.
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NewsAlliance cuts E-Jet disassembly numbers amid ‘significant demand’
Australia’s Alliance Aviation has reduced the number of Embraer 190 aircraft it will part out, amid what it calls “significant” demand for the regional jets.
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NewsAsiana bids farewell to its last passenger 747-400
The reitrement also marks the end of passenger 747-400 operations in South Korea.
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NewsNew Pacific Airlines cuts last passenger flights from schedule
New Pacific Airlines has cancelled flights on its last remaining scheduled route between Ontario, California and Nashville, Tennessee, as the struggling start-up carrier pivots to an entirely charter-based business model.