News from FlightGlobal – Page 46
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NewsAir Astana set for IPO this year as it plans London and Kazakhstan listing
Kazakh carrier Air Astana has outlined its intention to list on the London and Kazakhstan stock exchanges this year.
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NewsLong-dormant Iran Air order struck from Airbus backlog
Iran Air’s landmark agreement for 100 Airbus aircraft has been scrubbed from the airframer’s backlog, its year-end figures reveal. The Iranian flag-carrier placed the order in 2016 after sanctions were eased as part of a political agreement over the government’s nuclear energy programme. Iran Air ordered 98 jets including 16 ...
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NewsTus Airways announces new strategic investor
Cypriot carrier Tus Airways has announced that Israeli firm Holiday Lines Group has signed an agreement to take a significant stake in the business.
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NewsAir Baltic prepares for IPO amid reports linking Estonia and Lithuania with stakes
Latvian carrier Air Baltic is continuing to prepare for its long-discussed IPO amid fresh reports linking the Lithuanian and Estonian governments with stakes in the state-owned operator.
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NewsNorse Atlantic aims to raise NKr100m from follow-up share issue
Norse Atlantic Airways is preparing to conduct a follow-up share issue originally detailed during a private share placement in November last year. The new issue – comprising 9.1 million shares – is intended to raise just over NKr100 million ($9.7 million). Norse Atlantic says it will use the net proceeds ...
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NewsGreek carrier Sky Express bolsters ATR fleet
Greek carrier Sky Express continued its fleet modernisation efforts by taking delivery of the first of two newly ordered ATR 72-600s in December.
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NewsTUI 737 sink alert on go-around traced to insufficient thrust in storm winds
UK investigators probing an incident in which a TUI Airways Boeing 737-800 began losing airspeed and height, after its crew initiated a go-around in a thunderstorm, believe the pilots applied insufficient thrust for the manoeuvre. The aircraft had been descending to Manchester’s runway 05R, as it arrived from Zakynthos on ...
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NewsFinnair names postal service leader as new chief executive
Finnair has named postal company head Turkka Kuusisto as the carrier’s new chief executive, succeeding Topi Manner. Manner is set to leave the carrier on 15 January. Kuusisto has led the state-owned Posti Group since 2020, having previously held a number of senior positions in the company. His career has ...
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NewsCincinnati airport’s McGraw becomes first female chair of ACI World
Cincinnati/Northern Kentucky International airport chief executive Candace McGraw has begun a two-year term as chair of Airports Council International (ACI) World, meaning both airline and airport global trade bodies are chaired by a women for the first time.
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NewsMaldivian considers leasing 787-8 under long-haul network plan
Indian Ocean region carrier Maldivian is looking to obtain a Boeing 787-8 to expand its network, just days after indicating plans to acquire an Airbus A330-200. The airline is aiming to branch into long-haul services and the latest request for proposals, issued by Island Aviation Services, centres on dry-leasing a ...
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NewsAirAsia to resume A321neo deliveries in June; mulls A321LRs, A350s in long-term
AirAsia Aviation expects to resume deliveries of new Airbus A321neos this year, as the newly-merged carrier continues to return stored aircraft to service.
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NewsPost-merger AirAsia targets return of Europe operations by year-end
A newly-merged AirAsia Aviation expects to relaunch flights to Europe by the end of this year, and is looking to expand its network to Africa, North and South America in the longer term.
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NewsAlaska Airlines cancels hundreds of Max 9 flights through 13 January
Alaska Airlines has cancelled all of its Boeing 737 Max 9 flights through 13 January in the aftermath of the 5 January incident in which parts of one such aircraft’s fuselage blew off during a flight from Portland, Oregon to Southern California.
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NewsMesa Airlines at risk of de-listing from US stock exchange
Mesa Air Group recently received notice it is at risk of being de-listed from the US stock exchange due to continued delays in reporting its fiscal fourth-quarter results.
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NewsTransavia France begins Airbus transition with first A320neo
Transavia France has taken delivery of its first Airbus A320neo twinjet, marking the beginning of its transition away from operating Boeing 737s.
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NewsGlobal airline passenger traffic reached 99% of 2019 levels in November
Global passenger traffic was within 1 percentage point of 2019 levels in November last year, according to the latest data from IATA, as it closes on the pre-Covid peak.
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NewsLessors chase 777 Partners for $28m alleging non-payment for Flair 737s
Investment firm 777 Partners is being pursued by lessors of four aircraft formerly operated by Canadian carrier Flair Airlines, over allegations of non-payment. Court filings obtained by FlightGlobal show that the dispute centres on three Boeing 737 Max 8s and a single 737-800 – respectively with serial numbers 61806, 64944, ...
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NewsCathay to probe year-end cancellations, as it admits it ‘underestimated’ pilot shortage issue
Cathay Pacific has conceded it “underestimated” the number of reserve pilots needed over the year-end period, which in turn led to a spate of flight cancellations.
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NewsC919 domestic network expands, as Comac eyes European certification
China Eastern Airlines has deployed its Comac C919 narrowbody on its second scheduled domestic route, about half a year after the type began commercial operations.
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NewsQazaq Air privatisation restarts after previous sale attempt ruled invalid
Kazakhstan’s sovereign wealth fund Samruk-Kazyna is attempting again to sell a shareholding in regional operator Qazaq Air, after a previous competition was declared invalid. Samruk-Kazyna had unveiled a privatisation scheme last August to sell between 49% and 100% of the airline through a two-stage competition. But in mid-November, it states, ...