News from FlightGlobal – Page 275
-
NewsJAL narrows operating loss amid challenging first half
Japan Airlines (JAL) posted an operating loss of Y142 billion ($1.25 billion) for the first half of its 2021 financial year, an improvement on its operating loss of Y219 billion a year earlier.
-
NewsSmartLynx to add another pair of A321 freighters in early 2022
Wet-lease specialist SmartLynx is introducing another pair of Airbus A321 freighters to its fleet early next year, as it seeks to take its total to eight by the end of 2022. SmartLynx will receive the aircraft, both registered in Malta, through leases from Cross Ocean Partners, a financial firm whose ...
-
NewsSIA, United sign secretive partnership MOU
Singapore Airlines and United Airlines have signed memorandum of understanding (MOU) related to a “partnership” between the two airlines.
-
NewsSun Country has a ‘great’ third quarter, turning $14m profit
Sun Country Airlines benefited from rebounding leisure traffic during the third quarter of 2021, ending the period with a small profit.
-
NewsArgentina re-opens to vaccinated foreign tourists
Argentina, one of the last countries in Latin America to relax Covid-dependent entry restrictions, re-opens its borders to vaccinated foreign tourists on 1 November.
-
NewsAmerican Airlines cancels almost 2,300 flights in four days
American Airlines has cancelled 2,291 flights since 29 October as inclement weather and staff shortages threw the airline’s schedule into disarray.
-
NewsEmirates starts dismantling A380s with specialist recruited for recycling
Middle Eastern carrier Emirates is to recycle a large proportion of parts from its first Airbus A380 following the aircraft’s retirement, just 13 years after delivery. The aircraft (A6-EDA) was delivered to the carrier in July 2008, during a ceremony attended by FlightGlobal. It flew its last commercial service from ...
-
NewsAerCap completes GECAS acquisition to create leasing giant
Irish-based lessor AerCap has completed its acquisition of US leasing giant GECAS, a transaction which gives General Electric around a 46% shareholding in AerCap. Closure of the deal turns AerCap – which had previously absorbed lessor ILFC – a fleet of over 2,000 aircraft and 900 engines, plus more than ...
-
NewsRyanair 737 Max 8-200 fleet ‘exceeding expectations’
Ryanair Group generated an operating profit of €254 million ($294 million) and a net profit of €225 million for the second quarter, evidence of a recovering summer period for the budget operator. Its main carrier, Ryanair, contributed a net profit of €164 million while Malta Air achieved a profit of ...
-
NewsRyanair considers post-Brexit delisting from London stock exchange
Ryanair is considering a potential delisting from the London stock exchange, following the UK’s ‘Brexit’ withdrawal from the European Union. The airline has a primary listing on the Euronext Dublin market and says its board is “considering the merits” of retaining its London listing. “Migration away from the London stock ...
-
NewsHainan Airlines secures court approval for restructuring
Hainan Airlines Holdings has gained the crucial green light from a local court for its restructuring plan, which will see it merge with 11 smaller airlines into a single carrier.
-
NewsAirAsia X faces possible delisting after auditors issue disclaimer of opinion
Beleaguered long-haul, low-cost carrier AirAsia X could be delisted from the Malaysian stock exchange if it fails to successfully restructure its business.
-
NewsCovid-19 resurgence pushes China’s ‘Big Three’ deeper in the red
China’s three largest carriers widened their net losses for the third quarter of the year — despite an increase in revenue — as recent spikes in coronavirus infections dealt a “sustainable impact” on profitability.
-
NewsFrance-backed consortium begins flight tests of 100% SAF-powered single-aisle
A French government-backed aerospace consortium has launched a study of a single-aisle jet running on 100% sustainable aviation fuel (SAF), with the flight-test campaign kicking off on 28 October.
-
NewsDomestic lift helps Aeroflot turn a profit for the third quarter
Aeroflot turned a group profit under Russian accounting standards for the first time since the pandemic in the third quarter, driven by a strong domestic traffic performance during the period.
-
NewsPressure mix-up preceded altitude alert for CRJ1000 approaching Nantes
French investigators have indicated that a minimum safe altitude alert for a Bombardier CRJ1000 was triggered after its crew misunderstood a pressure setting. The aircraft was being operated by Air France regional division Hop on a domestic service from Lyon to Nantes on 20 October. According to investigation authority BEA ...
-
NewsSkyTeam confirms ITA to replace Alitalia as Italian partner in alliance
SkyTeam has confirmed that new Italian carrier ITA Airways will replace defunct national operator Alitalia in the global alliance.
-
NewsAvianca A320 records exceptionally hard landing during airport test flight
Colombian investigators are probing a serious incident in which an Avianca Airbus A320 made a hard landing following an approach to Ibague airport, west of Bogota. The twinjet (N742AV) was carrying out an approach to runway 32, during an initial operational check to validate new approach procedures, according to French ...
-
NewsWizz dismisses executive over undisclosed share trading
Wizz AIr has dismissed its chief supply officer over a series of undisclosed share dealings following an investigation by the Financial Conduct Authority, the UK’s finance regulator.
-
NewsAirAsia carriers optimistic of strong year-end recovery, amid Q3 traffic collapse
AirAsia Group’s airline units expect a “strong revival” for the year-end period, as key South-east Asia markets begin reopening to tourism.