News from FlightGlobal – Page 42
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NewsFormer Etihad leader Hogan’s advisory firm to become Global Airlines shareholder
Former Etihad Airways chief James Hogan’s advisory firm Knighthood Global is to become a shareholder in UK start-up carrier Global Airlines. Hogan, along with Etihad’s former chief financial officer James Rigney, will be appointed as strategic advisors to the company Global Airlines is aiming to offer transatlantic Airbus A380 services, ...
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NewsInflation-hit Turkish Airlines reports first quarterly loss since 2021
Turkish Airlines experienced its first loss-making quarter since the first half of 2021 in the first three months of 2025, as high inflation and a weak local currency combined with the impact of a February snow storm to weigh on its earnings.
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NewsJetBlue’s GTF issues easing as fewer Airbus aircraft grounded than anticipated
US carrier JetBlue Airways reports an improving engine-availability situation as it has fewer aircraft grounded for Pratt & Whitney turbofan overhauls than previously expected.
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NewsAir Sierra Leone restores UK connection through Ascend Airways wet-lease
UK carrier Ascend Airways has carried out a flight on behalf of newly-established Air Sierra Leone, flying from London Gatwick to Freetown. The 26 April service was conducted with a Boeing 737 Max 8 (G-CRUX) painted in Air Sierra Leone livery. Air Sierra Leone emerged in October last year with ...
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NewsIcelandair to end widebody operations in 2029
Icelandair will cease widebody operations when it retires its Boeing 767-300ER fleet in 2029 and instead focus entirely on narrowbodies.
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NewsAir France-KLM upbeat on summer despite economic uncertainties
Air France-KLM recorded a “solid” start to 2025 and is positive about the summer outlook, even amid the economic uncertainties created by the actions of the Trump Administration in the USA.
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NewsKorean Air plans major aerospace centre near Seoul
Korean Air plans to set up an urban air mobility and aviation safety center to boost aerospace innovation in South Korea.
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NewsPlay leasing several aircraft to Maltese division of Ukraine’s SkyUp
Ukrainian operator SkyUp’s Maltese division has emerged as the partner to which Icelandic carrier Play Airlines is supplying aircraft under its new diversification strategy. Play is deploying four of its 10 Airbus A320neo-family jets for damp-lease to SkyUp MT from spring-summer this year. The agreement will run to the end ...
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NewsChina’s ‘Big Three’ widen first-quarter losses amid competition ‘pressures’, looming trade war
China’s three largest operators were loss-making for the first quarter of the year, as competitive ‘pressures’ and the uncertainty surrounding an ongoing trade war with the USA weighed on revenue growth.
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NewsAmerican brings lawsuit while JetBlue keeps shopping for domestic partner
American Airlines has brought a lawsuit against former Northeast Alliance partner JetBlue Airways as talks to revive that alliance have fallen apart.
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NewsIcelandair transformation progresses but economy slows booking pace
Icelandair Group is expecting profitability improvements in the second and third quarters, having cut its first-quarter operating loss by around 10% to $62.3 million. Over the three months to 31 March the company recorded better results across all its business segments. But the company is cautioning that the pace of ...
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NewsAzorra expects to place some EgyptAir A220s for flights despite part-out of others
US lessor Azorra is reviewing plans for its remaining ex-EgyptAir Airbus A220s, after some of the jets were allocated to serve as a source of spares for the type.
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NewsIndustrial action weighs on Finnair earnings in ‘tough’ first quarter
Finnair saw its losses deepen in the first quarter of 2025 as “prolonged” industrial action by pilots and increased sustainability-linked costs hit its bottom line.
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NewsLeisure carrier Jet2 initiates share buyback as strong financial performance continues
UK leisure carrier Jet2 is embarking on a £250 million ($335 million) share buyback, which will be conducted in two stages of up to £125 million each. Jet2 will be able to purchase a maximum of just under 21.47 million shares, 10% of its issued stock. It states that the ...
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NewsLufthansa sticks to full-year profit hopes despite trade uncertainties limiting visibility
Lufthansa Group is sticking to its target of “significantly” improving full-year operating profit after cutting first quarter losses, but flags challenges in forecasting amid macroeconomic uncertainties around trade.
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NewsCondor secures re-approval for restructuring aid package
German leisure carrier Condor has secured re-approval for a €321 million ($367 million) restructuring package, a year after the European Union’s General Court annulled the previous clearance. The annulment in May 2024 resulted from a case brought by budget operator Ryanair. In its judgement the court stated that the European ...
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NewsEtihad bringing ‘widebody’ interior, including first-class suites, to A321LR fleet
Etihad Airways is introducing first-class suites as part of an enhanced interior on its long-range Airbus A321LR twinjets, set to enter the fleet later this year. The initial aircraft – one of 10 to arrive this year – will enter service on 1 August. It will be configured with two ...
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NewsAAPA flags ‘potentially softening’ demand amid economic uncertainty
The Association of Asia Pacific Airlines (AAPA) warns that passenger and cargo demand in the near term could “potentially” soften, as a result of uncertainty stemming from the economic policies of the Trump administration.
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NewsPhilippine Airlines, Qatar Airways launch strategic partnership
Philippine Airlines (PAL) has entered into a strategic partnership with Qatar Airways, following the launch of daily flights to the latter’s Doha hub.
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NewsVolaris and Copa close to completing codeshare
Mexican low-cost carrier Volaris plans to enter a codeshare agreement with Panamanian carrier Copa Airlines.