News from FlightGlobal – Page 517
-
NewsGaruda Indonesia names new leadership team
Garuda Indonesia has named a new leadership team at an extraordinary general meeting today, following the dismissal of former chief, Ari Askhara. Irfan Setiaputra will take up the chief executive mantle and Dony Oskaria was named his deputy. Source: Cirium Setiaputra’s LinkedIn profile states that he ...
-
NewsMAVCOM fines AirAsia carriers and Malaysia Airports
The Malaysian Aviation Commission (MAVCOM) has imposed fines on local AirAsia carriers and a Malaysia Airports (MAHB) subsidiary for various infringements. AirAsia and AirAsia X were each fined MYR2 million ($491,000) for charging payment processing fees separately from base fares, which contravenes local laws on consumer protection. This is their ...
-
NewsCebu expands network to Los Angeles and Doha
Cebu’s Mactan airport will soon expand its network beyond the region, with new services to Los Angeles and Doha starting next quarter. Philippine Airlines (PAL) plans to resume a Cebu-Los Angeles service on 2 May, after a three-year suspension due to capacity rationalisation. The service will be operated thrice-weekly using ...
-
NewsHainan forecasts turnaround back into the black
Citing improvements in its main business operations, as well as an increase in asset disposal income, Hainan Airlines forecasts a return to profitability for 2019. In an earnings forecast the carrier states that its net profit will be between CNY450 million ($65.1 million) and 675 million for the year ...
-
NewsIcelandair expects minimal impact from new 737 Max delay
Icelandair says that it has made contingency plans so that the renewed delay of the Boeing 737 Max’s return to service will have minimal impact on its summer 2020 schedule and its financial bottom line.
-
NewsAir France-KLM downplays Malaysia Airlines stake rumours
Responding to rumours that it plans to acquire a stake in Malaysia Airlines, Air France-KLM states that it “is not a current party to the sales process” of the Kuala Lumpur-based carrier “at this stage”. However, the Franco-Dutch airline group confirms in a statement that it “had previously been in ...
-
NewsUnited Q4 2019 non-fuel unit costs up 2.7%
United Airlines’s non-fuel unit costs (CASM ex-fuel) increased by 2.7% year-over-year in the fourth quarter of 2019, while full-year non-fuel costs rose by 1% compared to 2018. In the third quarter of 2019 United’s non-fuel unit costs increased by 2.1% in the third quarter compared with the same period in ...
-
NewsAmerican sees 1.7% growth in Miami passenger traffic
American Airlines served 30.3 million passengers at Miami International airport in 2019, a year-over-year increase of 1.7% and the most passengers it has carried through Miami since establishing the hub 30 years ago, the Dallas-based airline states 21 January. American operates more than 340 daily flights from Miami, including routes ...
-
NewsEtihad training arm wins EASA approval to train 777/787 pilots
Etihad Airways’ training unit has received European Union Aviation Safety Agency (EASA) approval to train Boeing 777 and 787 pilots on behalf of airlines based in Europe and those outside the continent which follow its safety standards. Etihad Aviation Training, which has 11 full-motion simulators including five 777 and 787 ...
-
NewsWestJet strikes 737 Max flights through late June
Canadian carrier WestJet Airlines says it has taken the Boeing 737 Max jet out of its schedule until 24 June, following Boeing’s announcement earlier today that it does not expect the aircraft to be re-certificated until “the middle of 2020”.
-
NewsSAA cuts back flight schedule to conserve cash
South African Airways has cancelled a number of domestic and international flights over the coming week, to preserve finances, just a day after insisting that operations to all destinations were continuing as normal. The flag-carrier says that, as part of a “responsible strategy to conserve cash”, it is cancelling several ...
-
NewsAer Lingus ‘held back’ by A321LR delivery delays
Aer Lingus chief executive Sean Doyle has bemoaned the impact that delayed deliveries of Airbus single-aisle aircraft have had on the Irish flag carrier’s expansion plans.
-
NewsCapacity discipline and rival’s collapse boost EasyJet revenue
EasyJet’s revenue rose nearly 10% in its fiscal first quarter, driven by strong demand and the collapse of UK rival Thomas Cook, prompting the low-cost airline to raise guidance for the remainder of the year.
-
NewsCitilink connects Avalon to Indonesia with Denpasar service
Melbourne’s Avalon airport will be connected to Indonesia for the first time, when Citilink launches a Denpasar service this month. From 24 January, the low-cost arm of Garuda Indonesia will carry 178 passenger and cargo on a daily service operated with Airbus A320neos, says Avalon airport. Cirium data shows that ...
-
NewsCDB Aviation’s fleet grew 20% in 2019
CDB Aviation acquired 40 aircraft on operating lease in 2019, growing its fleet by 19.7% year-on-year. In a statement summarising last year’s activity, the lessor says it signed lease transactions for 54 aircraft, along with agreements to sell 22 aircraft and acquire 17. Financing transactions inked during the year are ...
-
NewsPhilippine Airlines leases two Dash 8s from TrueNoord
Philippine Airlines has agreed to lease two new De Havilland Canada Dash 8-400s from TrueNoord. One of the turboprops has already been delivered, says the regional aircraft lessor, and the other will join the airline’s fleet in February. The two aircraft, registered as MSN4610 and MSN4612, are the first Dash ...
-
NewsNAC fleet reaches 500 aircraft
Nordic Aviation Capital has increased its fleet to 500 aircraft and posted its best first-half financial performance for the first six months of its current financial year. The Danish regional aircraft lessor, which has just opened a new headquarters building in the Irish city of Limerick, says it almost doubled ...
-
NewsAdministration justifies Bek Air grounding with damning catalogue of flaws
Kazakhstan’s civil aviation administration has revealed a damning list of flaws in Bek Air’s flight operations and maintenance processes, to justify the carrier’s grounding. One of Bek Air’s Fokker 100s crashed on take-off from Almaty on 27 December, resulting in the enforced suspension of the airline’s operation – a measure ...
-
NewsUdvar-Hazy: Boeing should rename ‘damaged’ 737 Max
Air Lease executive chairman Steven Udvar-Hazy believe Boeing should drop the word “Max” from the name of its latest Boeing 737 family, following two fatal crashes and the subsequent grounding.
-
NewsAvolon foresees industry ‘turbulence’ in 2020
Boeing’s 737 Max “will safely return to revenue service” in 2020, Avolon has predicted in a new report, but the lessor expects “turbulence” in the aviation industry amid geopolitical uncertainty and rising environmental concerns.