News from FlightGlobal – Page 42
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NewsANA delays Nippon Cargo takeover again
All Nippon Airways parent ANA Holdings has postponed its takeover of Nippon Cargo Airlines for a second time, saying that anti-trust authorities need more time to review the deal.
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NewsAirlines returning first of grounded Boeing 737 Max 9s to service
Major carriers such as Alaska Airlines, Copa Airlines and United Airlines are returning to service Boeing 737 Max 9s grounded following the 5 January de-pressurisation emergency on Alaska Flight 1282.
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NewsUS regional carrier Silver Airways expands reach through codeshare with Brazil’s Azul
US regional carrier Silver Airways has entered a codeshare agreement with Brazil’s Azul, through which the carriers will sell each other’s flights as their own.
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NewsMesa seeks to dodge de-listing from stock exchange with late fiscal Q4 filing
Mesa Air Group on 26 January filed its fiscal fourth-quarter earnings report, potentially helping it avoid being de-listed from the US Nasdaq stock exchange.
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NewsIsrael’s El Al prepares to suspend flights to Johannesburg
Israeli flag-carrier El Al is to suspend services to Johannesburg, citing a reduction in traffic in the months since the Gaza conflict began.
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NewsJetBlue's deal to acquire Spirit set expire in two days
JetBlue Airways’ agreement to acquire Spirit Airlines is set to expire on 28 January, creating further uncertainty about a proposed combination that has already been shot down by a US judge.
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NewsLessor Avolon predicts aircraft undersupply through to end of decade
Avolon has predicted that structural undersupply of aircraft will endure until the end of the decade, as the impact of the pandemic and struggles to ramp-up production weigh on availability for years to come.
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NewsScottish carrier Loganair’s chief steps down as final Saab 340 retires
Scottish regional carrier Loganair’s chief executive, Jonathan Hinkles, is stepping down from his position with immediate effect. Hinkles has been with the carrier for over seven years. He disclosed the decision as Loganair withdrew the last of its Saab 340 turboprops, which the carrier marked with a ceremony on 25 ...
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NewsANA to beef up European network; newly-launched AirJapan to fly to Singapore
Japan’s All Nippon Airways (ANA) is to “significantly expand” international operations in the coming months, as it prioritises its international network after sharp cutbacks during the coronavirus pandemic.
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NewsSouthwest to slow growth in 2024 in bid to address surging expenses
Southwest Airlines is slowing both expansion and hiring to improve efficiencies as it seeks to offset the ballooning costs that pushed it into the red last quarter.
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NewsBrazil’s Gol files for Chapter 11 bankruptcy protection in US court
Brazilian low-cost carrier Gol has filed for Chapter 11 bankruptcy protection in the USA so it can “address ongoing challenges” posed by the Covid-19 pandemic.
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NewsAlaska’s 2024 growth plan takes hit from 737 Max 9 troubles
Alaska Air Group has trimmed its 2024 capacity expectations and expects to take a $150 million hit this year due to the 737 Max 9 door-plug issue, which Alaska’s chief executive has now squarely pinned on Boeing.
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NewsAmerican upbeat on short-haul business after posting $822m 2023 profit
American Airlines posted an improved full-year 2023 profit of $822 million on record revenue.
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NewsERA gathers praise for green technology push
Leading low-emission aircraft developers have appluaded the European Regions Airline Association (ERA) for its efforts to speed the near-term adoption of green propulsion technologies.
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NewsRoyal Jordanian receives first two E195-E2s
Royal Jordanian has taken delivery of its first two Embraer 195-E2 aircraft from a commitment for eight of the regional jet family.
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NewsCommission initiates deeper probe into latest IAG-Air Europa tie-up bid
IAG’s latest attempt to acquire Spanish carrier Air Europa is being referred for in-depth investigation by the European Commission over competition concerns.
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NewsWizz Air swings to loss in ‘tricky’ final quarter of 2023
European budget carrier Wizz Air swung to a net loss in the October-December 2023 quarter, as geopolitical and supply chain challenges weighed on its financial performance.
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NewsNorse Atlantic to explore strategy options including part-ownership by another carrier
Scandanavian low-cost long-haul carrier Norse Atlantic Airways indicates it is exploring part-ownership by another airline as an option for its future strategy. Norse Atlantic serves transatlantic routes using a fleet of Boeing 787s. The company has been engaged in rounds of fundraising, through share issues, to shore up liquidity over ...
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NewsRussia’s Aurora reaches agreement on supply terms for new TVRS-44 turboprop
East Russian carrier Aurora Airlines has signed an agreement of intent covering the supply of UZGA TVRS-44 Ladoga regional turboprops, in order to increase transport accessibility in the area.
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NewsCathay sees ‘significant progress’ in 2023 traffic as operational crunch lingers
Cathay Pacific made “significant progress” in recovering passenger travel demand in 2023 – with passenger traffic sharply improving from the previous year’s lower base – even as it acknowledged its “ongoing” operational challenges.