News from FlightGlobal – Page 309
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NewsAsia-Pacific passenger traffic rebounding, but cargo trend worrying: AAPA chief
The head of the Association of Asia Pacific Airlines (AAPA) head says that international passenger traffic continues to rebound strongly, but that there are headwinds – especially for the air cargo market.
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NewsSAS could seek court assistance to help with crucial financial restructuring
Scandinavia’s SAS is prepared to utilise court-based restructuring proceedings in order to assist with resolving its financial problems and help push through parts of its ambitious ‘SAS Forward’ transformation plan. It is looking to raise at least SKr9.5 billion ($970 million) in fresh equity – expecting to source this from ...
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NewsAir China eyes controlling stake in Shandong Airlines parent
Air China is in talks to acquire a controlling stake in Shandong Airlines’ parent company.
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NewsQantas, Rex trade barbs – yet again – over regional competition
Qantas has hit back again at domestic rival Regional Express’ claims about the former’s “predatory actions” in the regional and domestic market, the latest in the two carriers’ neverending dogfight.
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NewsAirAsia X generates operating profit in third quarter
Malaysian long-haul low-cost carrier AirAsia X swung to an operating profit in its financial third quarter, with revenues climbing sharply from a year earlier.
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NewsANA, SIA joint venture still on the cards
Plans for a joint venture between All Nippon Airways (ANA) and Singapore Airlines are still in the offing over two years after they were first announced.
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NewsNorwegian agrees deal to buy 50 737 Max 8s
Restructured low-cost carrier Norwegian has struck a preliminary agreement to acquire 50 Boeing 737 Max 8 for delivery from 2025 through to 2028.
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NewsRex makes second network cut in a week with five regional routes axed
Australia’s Regional Express has axed a number of regional routes – the second network reduction in a week – as it seeks to “improve” its financial performance.
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NewsFlight shaming could hamper sustainability investments: EasyJet chief
Airlines will need to continue to attract passengers and remain profitable if they are to invest in a sustainable future, according to EasyJet chief executive Johan Lundgren.
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NewsKLM to debut premium-economy cabin on North America routes later this year
KLM will launch its premium-economy cabin on routes to North America later this year, the SkyTeam carrier confirmed on 27 May, as it starts to roll out the new product across its widebody fleet.
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NewsNorse Atlantic to open London-New York from mid-August
Start-up long-haul carrier Norse Atlantic Airways has opened bookings for services between the UK and USA, with a London-New York link set to commence on 12 August. Norse Atlantic will operate between Gatwick to JFK daily using Boeing 787s. It will also be offering a temporary service between Gatwick and ...
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NewsJudge rules Airbus-Qatar A350 case must head for early trial
Airbus’s legal clash with Qatar Airways over A350 skin-paint degradation appears likely to go to trial in summer 2023, after a judge ruled that the case should be tried at the earliest opportunity. Qatar Airways is claiming a degree of success from securing the expedited hearing but the airframer – ...
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NewsUK operator Jota to be liquidated after pandemic and Brexit setbacks
Liquidators have been appointed to wind up UK operator Jota Aviation, based at London Southend, which had formerly conducted specialist passenger charter and freight services. The UK Civil Aviation Authority listed Jota Aviation as having a valid air operator’s certificate in a May update, with approvals for British Aerospace 146s ...
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NewsUS FAA alleges string of safety violations by operator of ditched Transair 737 freighter
Ten months after a Boeing 737-200 freighter ditched in the sea off Hawaii, US regulators are alleging a series of serious safety violations by operator Rhoades Aviation and are poised to cancel its air carrier certificate. But Rhoades Aviation is disputing the FAA’s proposed action and has requested meeting with ...
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NewsCapital A aviation revenue surges in first quarter
The aviation business of Capital A – formerly AirAsia Group – has seen revenues nearly quadruple year on year in the first quarter of its 2022 financial year.
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NewsQantas outlines international resurgence as restrictions eased
The International recovery of Qantas Group continues to gather pace with strong demand driving the addition of more routes and frequencies.
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NewsJetBlue accuses Spirit’s board of conflicts of interest
An “entrenched” board of directors with ties to Frontier Airlines is behind Spirit Airlines’ disinterest in a proposed acquisition by JetBlue Airways.
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NewsClimbing revenues help Aegean to narrow first-quarter loss
A sharp jump in revenues enabled Greek carrier Aegean Airlines to narrow losses against 2021 in its low-season first quarter.
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NewsGTLK assists Azimuth and other Russian carriers with debt restructuring
Russian carriers have been restructuring debts owed to state leasing firm GTLK in response to the economic problems emerging from sanctions on the air transport industry. GTLK expects domestic traffic this year will remain at last year’s level but overall Russian airline passenger transportation will fall by 10%. Rostov-based airline ...
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NewsOmicron-hit drags IndiGo to deeper full-year loss
Indian low-cost carrier IndiGo lost Rs61.6 billion ($795 million) for the year ending 31 March 2022 after a wave of Omicron-variant Covid-19 infections hit its fiscal fourth-quarter performance.