News from FlightGlobal – Page 37
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Korean Air secures conditional European approval for Asiana acquisition
European competition regulators have conditionally cleared Korean Air’s proposed acquisition of compatriot carrier Asiana Airlines.
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US authorities retrieve sanction-linked Emtrasur 747-300M from Buenos Aires
US authorities have retrieved an Emtrasur Boeing 747-300M freighter which had been impounded in Argentina nearly two years ago, over allegations that it had been engaged in conduct prohibited by sanctions.
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Volotea secures three A320s for summer expansion
Barcelona-based Volotea has secured three more leased Airbus A320s as it aims to boost capacity for the coming summer season by around 15%.
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JetBlue reveals 9.9% shareholding acquired by entrepreneur Icahn
US operator JetBlue Airways has disclosed that entrepreneur Carl Icahn has picked up a 9.91% shareholding in the budget carrier.
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Israir Group halts Smartwings acquisition talks with Chinese shareholder
Israir Group’s efforts to take control of Czech carrier Smartwings have encountered difficulties after the Israeli operator stopped negotiations with the Chinese shareholder.
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Wizz Air to open second flight-training centre
Central European budget carrier Wizz Air is to open a second flight-training centre, to be located at Italy’s Rome Fiumicino airport.
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Mexican start-up Awesome Cargo eyes expanded international flights
Mexican start-up carrier Awesome Cargo is requesting authority to expand its Airbus A330 operations to the USA.
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Gabonese transition government plans air transport holding company
Gabon’s transitional government has presented a draft decree to create a holding company for air transport, which will acquire interests in national and international activities. The transitional government – in place since a military coup last year – set out the plan, under the economy ministry, during a council of ...
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Norse Atlantic regulates summer 787 capacity as it prolongs subleases
Scandinavian long-haul budget carrier Norse Atlantic Airways is to extend subleases on four Boeing 787s in its fleet. Three of its 787-8s will have their sublease prolonged by up to a year. These aircraft will return to the Norse operation between the end of March and end of May 2025, ...
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Delta asks US to reconsider decision to break up joint venture with Aeromexico
Delta Air Lines is urging the US government to reverse a January order requiring it and Aeromexico wind down their joint venture, saying the airlines played no part in a decision based on a treaty dispute.
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Gear collapse during landing badly damages MD-82 in South Sudan
South Sudanese media are reporting that a Boeing MD-82 has been substantially damaged during a landing accident at the country’s northern Malakal airport on 9 February. Images circulating on social media show the MD-82, in the livery of Kenyan operator African Express Airways, came to rest on the runway having ...
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US-Bangla prepares for long-haul expansion as first A330 arrives
Bangladeshi carrier US-Bangla Airlines has shown off its first Airbus A330, having disclosed last year that it would be stepping up to widebody operations.
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ITA Airways on growth path as EU scrutinises Lufthansa deal
ITA Airways plans to offer summer capacity some 24% higher year on year, with a particular focus on international expansion, as it awaits the European Commission’s ruling on a potential investment from Lufthansa Group.
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SAS chief looks to SkyTeam gains to outweigh ‘emotionally difficult’ Star Alliance exit
The chief executive of Scandinavian carrier SAS, Anko van der Werff, acknowledges that leaving Star Alliance – which it co-founded – is an emotionally difficult decision, but believes the potential for tighter co-operation with partners within SkyTeam provides greater opportunities.
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Air Astana valued at $847m ahead of stock market launch
Kazakh carrier Air Astana has finalised the share offer price for its forthcoming stock market listings, giving an implied company valuation of $847 million.
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Skymark sees nine-month profits, revenue rise
Japanese carrier Skymark Airlines has seen strong profit and revenue growth in the first nine months of its 2023 financial year.
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Australia’s Alliance sees half-year profit triple as wet-lease contracts grow
Charter operator Alliance Aviation recorded a three-fold jump its half-year profit, helped by a sharp rise in contracted wet-lease activities.
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Senate committee rejects raising mandatory US pilot retirement age
A US Senate committee has voted down a measure in the Federal Aviation Administration’s five-year spending reauthorisation bill that would have raised the mandatory pilot retirement age from 65 to 67 years old.
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Porter Airlines names Rob Palmer new finance chief
The Toronto-headquartered carrier said Palmer had joined the company as of 7 February, after most recently working as CFO of the Calgary Airport Authority.
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Spirit pushes back on ‘misguided narrative’ about stability without JetBlue
Spirit Airlines executives maintain that the company has the financial resources necessary to succeed in the absence of a tie-up with JetBlue Airways.