News from FlightGlobal – Page 34
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Kuwaiti lessor ALAFCO considers future as it sells 23 more jets to Macquarie
Macquarie Airfinance is to take another 23 aircraft, including five widebodies, from ALAFCO’s portfolio, bringing the total it is acquiring from the Kuwaiti lessor to 76.
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Finance chief Steenbergen to leave as Lufthansa Group restructures management
Lufthansa Group chief financial officer Remco Steenbergen is to leave the European airline group as part of series of executive changes which also include the appointment for former Airbus and Rolls-Royce executive Grazia Vittadini as its new technology chief.
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Russian regulator urges de-icing caution after detailing more 737 engine-surge occurrences
Russian authorities have discovered that at least one other Boeing 737 operator has encountered engine instability arising from blade contamination during winter operations. Federal air transport regulator Rosaviatsia states that a 737-800 of Smartavia was involved in an occurrence on 16 January while undergoing maintenance. It says the aircraft (RA-73654) ...
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Lynx Air to cease operations due to high costs and stiff competition
Canadian start-up carrier Lynx Air is ceasing operations on 26 February, citing financial pressure in the highly competitive low-cost segment.
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Thai rebounds to net profit in 2023
Thai Airways International swung back to the black in 2023, posting an annual net profit on gains from its debt restructuring, as well as a continued increase in passenger travel revenue.
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AirAsia converts some A321neo orders to longer-range variant
Low-cost operator AirAsia is converting a number of its Airbus A321neo orders into A321LRs, as it prepares to resume new aircraft deliveries from the middle of the year.
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Swiss CEO Vranckx to depart for Lufthansa Group executive board role
Swiss International Air Lines chief executive Dieter Vranckx will leave his post to join Lufthansa Group’s executive board, responsible for global markets and commercial steering hubs, in July.
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JetBlue expects average of 11 grounded aircraft due to Pratt & Whitney engine issues: CFO
JetBlue Airways expects to have an average of 11 Airbus narrowbody aircraft grounded during 2024 due to inspections of the jets’ Pratt & Whitney PW1100G geared turbofan (GTF) engines.
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Emirates hints at Clark succession options by naming deputy presidents
Emirates Group has added “deputy president” to the job titles of two of its senior executives, suggesting potential succession options for long-serving Emirates Airline president Tim Clark.
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American to launch daily flights between JFK and Tokyo Haneda in June
American Airlines will become the only US carrier to connect New York and Tokyo when it launches daily flights to the Japanese city in June.
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Rolls-Royce aims to double time-on-wing for A350-1000 engines operating in sandy conditions
Rolls-Royce is aiming to double the time-on-wing of its Trent XWB-97 engine for A350-1000s operating in harsh environments, through an improvement programme spanning the next two to three years. The ability of the XWB-97 to cope with sandy conditions, typical of those in the Middle East, has been a concern ...
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Air New Zealand braced for delay in entry of first of new 787s
Air New Zealand no longer expects to receive its first two from a batch of eight new Boeing 787-10s before June 2025.
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Air New Zealand sees headwinds hitting profits in second half
Air New Zealand posted a reduced pre-tax profit of NZ$185 million ($114 million)for the first six months of its financial year and has reiterated a warning that its performance will be “markedly lower” than that in the second half ending June 2024.
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Flydubai achieves record full-year profit despite slips in 737 deliveries
Middle Eastern carrier Flydubai is expecting to take delivery of 12 Boeing 737 Max jets this year, having received four fewer aircraft than planned in 2023.
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Aviation leaders see finance and infrastructure key to India keeping pace with ambitions
India’s surging growth has been a persistent and hot talking point during this week’s Singapore Air Show, with focus not just on how far the market has come but how much potential it still has.
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Vietjet to order 20 A330neos as it eyes European and US services
Vietjet has entered into a provisional deal with Airbus for 20 Airbus A330neos, with the order likely to be finalised in the coming weeks.
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Aircraft supplier delays push Qantas ‘Project Sunrise’ launch back six months
Aircraft delivery delays have forced Qantas to push back by six months plans to launch ultra-long-haul flights from Australia’s east coast to New York and London.
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Vietjet stays with P&W for A321neo engines
Pratt & Whitney has been selected by Vietjet to provide PW1100G geared turbofans for an additional 19 Airbus A321neos.
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Intersection used for take-off becomes central to Air Serbia E195 accident probe
Serbian prosecutors are seeking information to determine the runway intersection to which air traffic controllers directed an Embraer 195, before the jet collided with structures on take-off.
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Emirates to open Colombian route via US stopover
Middle Eastern carrier Emirates is to expand its Latin American reach with services to the Colombian capital Bogota by mid-year.