News from FlightGlobal – Page 372
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NewsVolaris Q3 net profit more than doubles over 2019 level
Mexican ultra-low-cost carrier Volaris reports strong earnings during the third quarter of 2021 as tourists flocked to the country in greater numbers, and more domestic passengers chose to travel by air.
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NewsSouthwest and American will not fire unvaccinated workers despite federal mandate: CEOs
Neither Southwest Airlines nor American Airlines plan to fire workers who fail to receive coronavirus vaccines, as mandated by the US government for government contractors.
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NewsAmerican turns Q3 profit with nearly $1b in government aid
American Airlines remained profitable in the third quarter of 2021 thanks to US government pandemic-related aid, as executives predict business travel will recover in 2022.
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NewsSouthwest keeps profitable with government aid in ‘messy’ third quarter
Southwest Airlines has described its third-quarter performance as “messy” and warned its troubles could persist as it struggles to match increasing demand with capacity and staffing.
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News787 delivery delays prompt American to revise winter schedule
American Airlines has removed some Boeing 787s from its winter flight schedule due to Boeing’s ongoing pause of 787 deliveries which have quality issues.
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NewsAlaska’s Q3 marked ‘significant stride’ to recovery
Alaska Air Group made a “significant stride forward” to recovery in the third quarter of 2021, despite the coronavirus’ Delta variant hitting the company’s revenue in last months of the year.
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NewsStart-up Ultra Air plots key role in Colombian market reaching 50m passengers
The chief executive of Colombian start-up Ultra Air believes the airline can play a significant role in growing the country’s air transport market to 50 million passengers over the next five years, citing similar trends in other Latin American countries.
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NewsIcelandair seeks to add more 737 Max jets to bolster summer 2022 capacity
Icelandair is considering adding up to three more Boeing 737 Max 8s to its fleet to provide additional capacity ahead of next year’s summer season. The airline has nine of the type in its fleet – comprising six Max 8s and three Max 9s – and is preparing to take ...
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NewsSAF producer LanzaJet sees jet fuel price parity ‘just around the corner’
Sustainable aviation fuel (SAF) producer LanzaJet is “just around the corner” from bringing the cost of its fuel down to match that of regular jet fuel, according to the firm’s chief executive.
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NewsIcelandair turns in profitable third quarter despite virus variant impact
Icelandair Group has defied the impact of new coronavirus variants to post a net profit of nearly $20 million for the third quarter. The operator expanded its network in the three months to 30 September to cover 34 destinations – comprising 23 in Europe and 11 in North America. It ...
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NewsKLM restores pre-Covid network
KLM has restarted flights to almost its entire pre-Covid network, with only one destination excepted.
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NewsEasyJet takes first lounge step with co-branded Gatwick facility
Low-cost carrier EasyJet will on 21 October open it first airport lounge, a co-branded facility it is opening at London Gatwick in association with No 1 Lounges.
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NewsSpare aircraft cheaper than paying delay compensation: Ultra Air chief
The availability of aircraft at favourable lease rates means Colombian start-up Ultra Air is aiming to achieve “operational excellence” through the retention of spare jets within its fleet, according to its co-founder and chief executive.
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NewsCourt rejects LOT appeal over EasyJet and Lufthansa win of Air Berlin assets
An EU court has rejected cases put forward by LOT Polish Airlines contesting decisions to enable EasyJet and Lufthansa to acquire assets from collapsed carrier Air Berlin.
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NewsBoeing projects Middle Eastern carriers will maintain widebody demand
Middle Eastern operators will take delivery of 3,000 new aircraft over the next two decades, with a strong widebody presence, Boeing estimates in its latest forecast for the region. Ahead of the Dubai air show in November, the airframer states that these deliveries will include 1,320 widebody types as well ...
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NewsJapan Airlines to acquire up to 100 Vertical Aerospace eVTOLs from lessor Avolon
Japan Airlines intends to lease or purchase up to 50 of Vertical Aerospace’s in-development VA-X4 air taxis from aircraft lessor Avolon.
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NewsThai AirAsia parent to raise capital, adjust shareholding in revised restructuring plans
Thailand’s Asia Aviation is set to inject fresh capital into its low-cost airline unit Thai AirAsia, as part of a broader revised restructuring plan that will see significant changes to both companies’ shareholding structures.
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NewsAeromexico shows improved Q3 in line with industry
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline’s position during the third quarter of 2021 continued to improve in line with the global aviation industry.
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NewsUnited Airlines defies Delta variant dip to post $473m profit in Q3
United Airlines reports a small profit during the third quarter of 2021 as bookings bounced back from a Delta-variant-related dip early in the three-month period.
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NewsUK government SAF pledge welcomed but industry calls for action on cost
A £180 million ($248 million) subsidy from the UK government to stimulate sustainable aviation fuel (SAF) production in the country has been broadly welcomed by the industry, although it is calling for the government to do more to lower the price of the fuel.