News from FlightGlobal – Page 276
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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 ...
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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.
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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.
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NewsProfitable Transavia reflects rebound in European leisure activity
Budget carrier Transavia’s third-quarter operating profit of €105 million ($123 million) reflected strong recovery in leisure demand within Europe. Transavia’s capacity returned to around 85% of the pre-crisis level for the same quarter, and load factor exceeded 78%. Parent company Air France-KLM adds that the budget airline’s yield over the ...
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NewsANA cuts full-year earnings forecast, citing ‘delay’ in recovery
All Nippon Airways parent ANA Holdings expects to be loss-making for the full-year, as it cites a “delay in full recovery” from the “extended impact” of a prolonged coronavirus pandemic globally.
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NewsAir France-KLM awaits Asia re-opening as it turns in third-quarter operating profit
Air France-KLM Group is expecting its overall capacity for the fourth quarter to be some 25-30% down on the same period in pre-crisis 2019. The company gave the estimate as it demonstrated gradual recovery by posting a third-quarter operating profit of €132 million ($154 million). But it is not giving ...
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NewsPhilippine court grants local recognition for PAL Chapter 11 filling
Philippine Airlines has gained approval from a local court for a petition to formally recognise its Chapter 11 bankruptcy protection process in the USA .
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NewsChilean court gives green light to Delta-LATAM joint venture
Chile’s competition authority TDLC has given the green light to LATAM Airlines Group and Delta Air Lines to implement their planned joint venture.
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NewsIndiGo widens Q2 operating loss; revenue sharply higher
Indian low-cost carrier IndiGo saw operating losses widen to INR14 billion ($187 million) for its second quarter ended 30 September, compared with an operating loss of INR12 billion a year earlier.
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NewsSkyWest Q3 revenue reaches $745 million
US regional carrier SkyWest Airlines reported a small profit for the third quarter as it experienced increased demand for its services.
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NewsCourt grants LATAM more time to submit reorganisation plan
A US bankruptcy court has granted Chile’s LATAM Group more time to present a restructuring plan.
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NewsSpirit ‘learning’ from its operational meltdown
Spirit Airlines executives say they learned much from the airline’s operational woes last summer, and that they will add staff and cut routes to prevent recurrences.
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NewsNew Italian carrier ITA to codeshare with Air Malta
Newly-launched Italian national carrier ITA Airways has entered a codeshare agreement with Air Malta which takes effect from the end of October. The agreement will enable passengers of each airline to access the networks of the other. ITA’s designator code ‘AZ’, which was used by predecessor Alitalia, will be applied ...
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NewsVertical signs with Ferrovial for UK vertiport development
Electric aviation start-up Vertical Aerospace it to cooperate with infrastructure operator Ferrovial – which holds a 25% stake in Heathrow Airport (HAL) – to create a network of 25 so-called vertiports across the UK, supporting domestic launch operator Virgin Atlantic Airways.
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NewsBlue Panorama faced suspension procedure over financial difficulties
Italian carrier Blue Panorama’s suspension of commercial services follows measures initiated by the country’s civil aviation authority over financial issues. Civil aviation regulator ENAC states that Blue Panorama has notified the authority of its decision to suspend commercial activity from 28 October. ENAC reveals it had commenced procedures on 22 ...
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NewsAir New Zealand draws further from loan facility amid pandemic uncertainty
Air New Zealand has suspended its cash burn forecast citing “ongoing uncertainty” around New Zealand’s coronavirus situation, as it draws down further from a government loan facility.
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NewsIndonesian lawmakers debate future of Garuda
Indonesian lawmakers are divided over whether to resort to folding flag carrier Garuda Indonesia should ongoing restructuring negotiations fall through.
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NewsSpirit logs $15m Q3 profit despite widespread flight disruptions
Buoyed by government aid and despite several days of severe operational disruption, Spirit Airlines turned a $14.8 million profit in the third quarter of 2021.
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NewsAllegiant turns Q3 profit despite operational 'challenges'
Discounter Allegiant Air turned a $39.3 million profit in the third quarter, but its chief executive echoed peers in citing operational hiccups due to the pandemic and labour shortages.
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NewsUnions claim leisure carrier Blue Panorama services suspended
Italian transport unions are claiming that leisure carrier Blue Panorama has suspended operations, adding to a list of airline casualties in the country. Blue Panorama has a fleet which includes Airbus A330s and Boeing 737-800s, according to Cirium data. The carrier has had a turbulent history, having been resurrected in ...