News from FlightGlobal – Page 365
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NewsChina, India pose tough questions for SIA Group
As international markets start to open up, China and India are significant question marks for the long-term strategy of Singapore Airlines.
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NewsKorean Air operating profit sharply higher on cargo strength
A strong cargo performance propelled Korean Air’s operating profit to W439 billion ($372 million) for the third quarter of 2021.
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NewsArab carriers call for governments to ease travel pains
Arab airline leaders expect it to take between three to five years for passenger traffic to return to pre-crisis levels as carriers in the region have been particularly hard hit by the pandemic’s impact on international services.
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NewsSIA confident of continued strong cargo performance
Singapore Airlines enjoyed record high cargo revenues in the first half of its 2021/22 financial year, and expects demand to remain strong.
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NewsScoot adds London Gatwick to European network
Scoot will commence one-stop flights between Singapore and London Gatwick in December, with a new service via Bangkok Suvarnabhumi.
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NewsZipair launches Los Angeles as inaugural long-haul destination
Zipair will become the first low-cost carrier to operate trans-Pacific flights, as it announces Los Angeles as its “much-anticipated” inaugural long-haul destination.
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NewsCovid-19 resurgence pushes Thai AirAsia parent deeper in the red
Thai AirAsia parent company Asia Aviation widened its third-quarter operating loss, amid a sharp revenue plunge from having to suspend operations during Thailand’s worst wave of coronavirus infections.
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NewsAzul CEO confirms interest in acquiring LATAM
Azul’s chief executive doubled down on comments he made last week about a potential acquisition of LATAM Airlines Group, pending the outcome of the Chilean airline’s bankruptcy protection process.
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NewsAzul ‘bullish’ about future booking and revenue trends
Brazil’s Azul Airlines is “bullish” about booking and revenue trends after its revenue increased almost 60% from the second to third quarters of 2021.
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NewsRoyal Jordanian to decide on fleet renewal by year-end
Royal Jordanian Airlines aims to make a decision on the renewal of its regional and narrowbody fleets by the end of the year in support of a long-term strategic plan which envisions a near doubling of the operation.
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NewsSingapore Airlines cuts half-year losses as travel lanes, cargo lift demand
Singapore Airlines Group narrowed its half-year losses on the back of a significant revenue uplift, as it anticipates a continued rise in travel demand in the near-term, with more countries easing border restrictions.
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NewsA220 diverts after thrust in one engine rolls back on approach
Canadian investigators are probing a loss of thrust on an Air Canada Airbus A220-300 during approach to New York, to which the crew responded with a go-around. The aircraft had been descending for runway 31 at New York’s LaGuardia airport, following a service from Toronto on 8 November. But at ...
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NewsBritten-Norman tie-up envisages electric Islander flights to Isles of Scilly
UK aircraft manufacturer Britten-Norman is to collaborate with a shipping firm to advance the prospect of hydrogen-powered flights to the Isles of Scilly, an archipelago off the west coast of Cornwall. The Isles of Scilly Steamship Group – which operates the local airline Skybus – has sold one of its ...
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NewsResolute action need to re-boot Australian air travel: Inmarsat
A whitepaper sponsored by Inmarsat Aviation contends that Australia was particularly hard hit by coronavirus related travel restrictions, and that the country needs a unified approach for air travel to recover.
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NewsFrontier in “strong financial position”; expects recovery by Spring 2022
Frontier Airlines says it is in a “strong financial position” to get to pre-coronavirus levels by early 2022 despite the coronavirus’ Delta variant that ate into the carrier’s revenues in the third quarter of 2021.
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NewsLATAM loses $692m in Q3, sees capacity hitting 65% by year-end
LATAM Airlines Group posted a third-quarter loss but says increased vaccination rates, fewer travel restrictions and pent-up demand will propel capacity to 65% of pre-pandemic levels by year-end.
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NewsDHL starts transferring UK 757 freighter fleet to new Austrian cargo airline
Cargo specialist DHL Express is to establish a new airline in Austria which will operate a fleet of 18 Boeing 757 freighters. The airline, to be known as DHL Air Austria, will be based at Vienna and focus on European cargo flights, employing some 176 pilots. DHL commenced discussions with ...
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NewsNorway’s Wideroe pushes for eVTOL operations in Scandinavia with Eve
Norwegian regional carrier Wideroe and Embraer urban air mobility spin-out Eve are to collaborate on the potential operation of electric vertical take-off and landing (eVTOL) aircraft in Scandinavia.
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NewsIAG and Southwest to snap up sustainable fuel output from new Mississippi plant
IAG carriers and US budget operator Southwest Airlines have agreed to purchase the entire production of sustainable fuel, over the course of several years, from a planned US biorefinery project in Mississippi. Sustainable fuels technology specialist Velocys Renewables says it has entered a memorandum of understanding – which it aims ...
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NewsEmirates recovering but has ‘some way to go’ to restore profits: chairman
Middle Eastern carrier Emirates has turned in a first-half loss of Dhs5.8 billion ($1.6 billion), halving the deficit from the previous interim, but still contrasting sharply with the pre-crisis half-year profit of Dhs862 million. The Dubai-based airline’s revenues in the six months to 30 September 2021 reached Dhs21.7 billion. EBITDA ...