News from FlightGlobal – Page 30
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Pakistani prime minister urges finalisation of PIA privatisation schedule
Pakistani prime minister Shehbaz Sharif has called for finalisation of a schedule to privatise flag-carrier Pakistan International Airlines. Sharif, who has newly been re-elected to the office, has chaired a meeting over progress with the plan. He has requested a final schedule in the implementation of the privatisation effort, urging ...
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United 777 diverts after losing tire on take-off
A United Airlines Boeing 777-200 diverted from its route to Japan after losing a tire on take-off from San Francisco International airport.
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Cold-soaked servo could have led to ‘stuck’ rudder pedals on United 737 Max 8
Rudder pedals that became stuck in neutral position during the landing of a Boeing 737 Max 8 operated by United Airlines may have been related to a cold-soaked rudder roll-out guidance servo.
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Eurowings posts landmark profit but remains work in progress: Spohr
German leisure carrier Eurowings turned round a protracted period of losses to post record profits in 2023, though Lufthansa Group chief executive Carsten Spohr still sees work needed to further improve its profitability.
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Swiss remains Lufthansa’s crown jewel with record profit and double-digit EBIT margin
Swiss International Air Lines posted a record operating profit for 2023 as healthy demand for air travel and disciplined cost-cutting allowed the airline to “definitively master the corona crisis and the major challenges that it posed”.
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Spohr still optimistic on ITA, but will look ‘rationally’ at cost of deal concessions
Lufthansa Group chief executive Carsten Spohr insists the carrier will make a rational decision over the cost of any concessions attached to approval for its planned acquisition ITA Airways, but is encouraged by the approach to global competition of the incoming European Commission.
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SAS chief: SkyTeam will ‘unlock’ network benefits previously unavailable in Star Alliance
Accession to the SkyTeam alliance will provide Scandinavian operator SAS with greater network reach in various ways, chief executive Anko van der Werff believes. Speaking during a first-quarter briefing, he said SAS had enjoyed a good relationship with Star Alliance, of which it was a founder member. “We equally have ...
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Icelandair set to tighten Emirates ties with reciprocal codeshare
Icelandair has tentatively agreed a strategic partnership with Middle Eastern carrier Emirates, potentially leading to a codeshare between the two. The agreement – currently in the form of a memorandum of understanding – was reached at the ITB travel show in Berlin. Emirates has an interline tie-up with Icelandair, but ...
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Lufthansa posts €2.7bn full-year operating profit and expects similar in 2024
Lufthansa Group expects continued strong demand and double-digit capacity growth this year to help it match the €2.7 billion ($2.9 billion) operating profit it posted for 2023.
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SAS maintains full-year expectations after busy first quarter
SAS is maintaining its financial forecast for the full year 2023-24, as well as the timetable for its emergence from US Chapter 11 bankruptcy protection. It has turned in a pre-tax loss of just under SKr1.1 billion ($107 million) for its fiscal first quarter – the three months to 31 ...
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Singapore low-cost operators expand Southeast Asia networks
Two Singapore-based low-cost carriers – Scoot and Jetstar Asia – have announced expansions on their Southeast Asian networks.
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Air India, Vistara merger one step closer with Singapore approval
One of the final steps before Air India’s pending merger with Vistara has been completed, with Singapore’s competition authority giving its conditional approval for the deal.
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JetBlue drops DOT complaint against Dutch government over Schiphol slots
JetBlue Airways has withdrawn its complaint against the Dutch government after securing favourable summer take-off and landing slots at Amsterdam’s Schipol airport, but warns that it will continue to fight for access if necessary.
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Envoy planning to add 12 more E175s starting in 2025
American Airlines’ regional subsidiary Envoy Air is planning to take an additional 12 large regional jets, with the first of the aircraft due for delivery in 2025.
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Walsh accuses UK government of ‘short-sighted cash grab’ with APD rise
The head of global airline association IATA has accused the UK government of a “short-sighed cash grab” after it announced plans to increase air passenger duty (APD) for some traveller types.
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Etihad lifts full-year profit after jump in passenger business
Gulf carrier Etihad Airways increased operating profits to $394 million in 2023 after revenues climbed 11% driven by a sharp jump in passenger numbers.
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Qatar Airways ends 747 operations with -8Fs bound for UPS
Qatar Airways has ended Boeing 747 operations, with the final flight of a 747-8F operating on behalf of its cargo division. It is withdrawing the type in favour of twin-engined freighters, notably the 777-8F of which it holds orders for 34. Qatar Airways is also preparing to take delivery of ...
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Lessor Falko acquires batch of older E-Jets from Nordic Aviation Capital
UK-based regional aircraft lessor Falko has agreed to acquire a package of 24 Embraer E-Jets from Nordic Aviation Capital. Falkso says the purchase agreement covers 20 E190s and E195s plus four E170s and E175s. All of the aircraft are the older variants which preceded the re-engined E2 family. Falko says ...
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Airlink looks to standardise configurations after rapid Embraer fleet growth
South African regional carrier Airlink will focus on standardising configurations within its Embraer regional jet fleet after a period of rapid growth since starting operations under its own brand three and a half years ago.
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Prime minister hints at creating possible alternative to Iraqi Airways
Iraq’s government has openly floated the idea of establishing an associate carrier to Iraqi Airways as it continues efforts to improve operations and lift long-running restrictions imposed by European regulators. Prime minister Mohammed Shia’ Al Sudani chaired a high-level meeting on 26 February to review the work of the carrier. ...