News from FlightGlobal – Page 32
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Qantas’s first A220s enter commercial service
Qantas’s first pair of Airbus A220-300s have begun commercial flights, kicking off the narrowbody fleet replacement process as the airline looks to take seven more examples by the middle of the year.
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AirAsia, AirAsia X eye more ‘historic highs’ following profitable 2023
AirAsia and its medium-haul sister unit AirAsia X have a positive outlook for 2024, citing factors such as fleet recovery, lower fuels costs, as well as robust international travel demand.
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IAG chief still optimistic over Air Europa deal
IAG chief executive Luis Gallego remains optimistic that the group can secure approval for its long-running attempt to acquire Spanish carrier Air Europa after putting forward further remedies to address European regulator competition concerns over the planned acquisition.
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Vueling chief executive to head Iberia
IAG has named Vueling chief executive Marco Sansavini as the new head of Spanish flag carrier Iberia.
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El Al in talks for more 787s while narrowbody renewal decision nears
Israeli flag-carrier El Al is negotiating with Boeing for the acquisition of three more 787s, with an option for six additional aircraft.
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Air France-KLM hit by disruption costs in loss-making end to profitable 2023
Air France-KLM made a loss in the fourth quarter of 2023, as costs relating to geopolitical developments in the Middle East and Africa contributed to its swing into the red but only slightly dented a positive full-year performance from the group.
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El Al defies impact of Gaza conflict to post fourth-quarter and full-year profits
Israeli flag-carrier El Al has fended off the impact of the Gaza conflict, posting a full-year pre-tax profit of $125 million, and a net of $117 million, after experiencing a strong fourth quarter. El Al generated full-year revenues of $2.5 billion, a rise of 26%, while operating expenses only increased ...
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IAG almost trebles operating profit in 2023
British Airways and Iberia parent IAG nearly trebled full-year operating profits in 2023 to just over €3.5 billion ($3.8 billion) after lifting revenue 28% during the year.
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Asia-Pacific airlines enjoyed strong January: AAPA
Asia-Pacific airlines had a good start of the year in January, with international passenger and cargo businesses improving year on year.
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Asiana to retire its last passenger 747
Asiana Airlines is to retire its sole Boeing 747-400 by the end of March, marking the end of 747 operations for the South Korean carrier.
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Go-around after reverser activation left A320 crew startled by asymmetric thrust
Danish investigators have determined that an Airbus A320 crew’s aborting a landing, despite activating reverse-thrust, resulted in control difficulties as the aircraft climbed away with one engine’s reverser doors deployed. Both pilots were aware that selecting reverse-thrust meant committing to land, but investigation authority Havarikommissionen states that each was “convinced” ...
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IAG secures large e-fuel commitment from US-based firm Twelve
British Airways and Iberia parent IAG has unveiled its largest sustainable aviation fuel purchase so far, with an agreement to take 260 million USgal (984 million litres) of synthetic e-fuel from California-based manufacturer Twelve. The ‘power-to-liquid’ e-fuel – or e-SAF – is generated by combining green hydrogen with carbon dioxide ...
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Oliver Wyman cuts 10-year aircraft fleet growth forecast amid industry pressure
The global commercial aircraft fleet and the aircraft maintenance market will grow slower than previously expected over the next decade due to tepid economic growth, regulations, constrained production of new aircraft and a pilot shortage.
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United adds former Walgreens CEO Rosalind Brewer to board
United Airlines has added Rosalind Brewer, former chief executive of retail pharmacy and healthcare company Walgreens Boots Alliance, to its board of directors.
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Norwegian refreshes visual identity after more than two decades
Scandinavian budget carrier Norwegian is to start rolling out a refreshed version of its corporate logo, for the first time since the airline emerged more than two decades ago. Norwegian says the new visual identity has a “richer” colour and updated typography. It says it will begin adopting the updated ...
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Israir Group revives plan to lease additional A320s
Israir Group’s board has approved adding another pair of Airbus A320s to the Israeli airline’s fleet in the second quarter of this year.
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Norse Atlantic claims ‘clear path’ to profitability after first full year of operations
Norse Atlantic Airways has turned in a $135 million operating loss for its first full year since start-up, but insists it sees a “clear path to profitability” year-round. The Scandinavian long-haul budget carrier, which commenced flights in June 2022, made a net loss of $168 million on revenues of $439 ...
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New Zealand reauthorises Air NZ-SIA partnership
The New Zealand government has approved an extension of a joint venture alliance between national carrier Air New Zealand and Singapore Airlines.
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Air India, Riyadh Air bosses look to win traffic from overseas hubs
The chief executives of Air India and Riyadh Air have underlined their determination to take international long-haul traffic from big overseas hubs.
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American Airlines sides with US DOT in Delta-Aeromexico JV spat
American Airlines has spoken out against Delta Air Lines and Aeromexico’s opposition to a US Department of Transportation (DOT) ruling that would force the two carriers to unwind their seven-year collaboration.