News from FlightGlobal – Page 528
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AirAsia boosts third-quarter profit 5% amid strong revenue rise
AirAsia Group’s third-quarter profit rose 4.6% to more than MYR264 million ($63.3 million) as revenue and passenger numbers increased.
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Flydubai leases Smartwings 737s to offset Max problems
Czech carrier Smartwings is to wet-lease four Boeing 737-800s to the Middle Eastern operator Flydubai, to help offset a capacity loss from the 737 Max grounding.
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Jet Airways' resolution deadline extended again
The committee of creditors (CoC) of collapsed Indian carrier Jet Airways has once again extended the deadline for the submission of a resolution plan for the company.
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IndiGo becomes latest IATA member
IndiGo has received its IATA membership certificate, becoming the fourth Indian airline and the second low-cost operator from the country to join the association.
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Fastjet blames Zimbabwean volatility for persistent losses
Fastjet Group is predicting full-year net losses of $7-8 million, which it attributes to volatility affecting its Zimbabwean operation, a division it is looking to divest.
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Fastjet looks to sell Zimbabwe arm to avert funding crisis
African budget carrier Fastjet Group is considering selling its Zimbabwe airline operation to raise capital, after disclosing that it is facing more funding pressure.
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El Al to test Melbourne route but complexity beckons
Israeli flag-carrier El Al is to test a service to the Australian city of Melbourne using Boeing 787s.
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Norwegian axing long-haul services from two Nordic capitals
Scandinavian budget carrier Norwegian is axing several transatlantic and Asian routes as a consequence of low demand and continuing problems with Rolls-Royce Trent engines on its Boeing 787s.
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El Al agrees to lease another three 737-800s
Israeli flag-carrier El Al has agreed to lease three more Boeing 737-800s, with the first to be delivered in December.
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SITA upbeat airport biometric solutions will take off
It promises to shave off about one-third of travellers’ time at the airport, from check-in to boarding, and is premised on one concept: that your face is your boarding pass.
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AtlasGlobal suspends operations until mid-December
Turkish carrier AtlasGlobal announced today that it will halt operations until December owing to economic problems.
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INTERVIEW: SMBC Aviation Capital chief executive Peter Barrett
Three decades ago, Peter Barrett would be sitting in a lonely office manning the phones of Guinness Peat Aviation’s (GPA) Dublin office. As an analyst he the unenviable job of staying late to finish his work and answer the phone if it rang. This was Barrett’s initiation.
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Air France prepares to begin A380 decommissioning process
Air France will return a first Airbus A380 to its lessor in February.
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El Al seals financing for first 787-8
Israeli carrier El Al has signed for the financing of its first Boeing 787-8, which is scheduled for delivery during November.
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Rex warns of up to 30% profit downgrade
Regional Express (Rex) is warning that its profits could be down 20-30% for financial year 2020 compared with the previous year due to “a very challenging economic environment ahead”.
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Silver Airways begins flying ATR 72-600
Regional carrier Silver Airways has become the first US airline to fly the ATR 72-600 aircraft as it continues to upgrade its fleet, the company says in a statement on 25 November.
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Viable electric aircraft remain decades away: DLR
Airline chief executives hoping that the development of electric aircraft will boost the industry’s environmental credentials will have to wait many years yet, an expert has warned.
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Air Astana to serve Paris from Almaty
Air Astana will launch an Almaty-Paris service in June 2020.
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Turkish Airlines rejigs A321neo and 737 fleet plan
Turkish Airlines has again shuffled its short-haul fleet expansion, with fewer Airbus A321neos arriving in 2020 and additional Boeing 737-800s being introduced.
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VietJet Air’s third-quarter profit up 12%
VietJet Air boosted operating profit 12% in the third quarter, to D1.91 trillion ($90.4 million), as revenue and passenger numbers rose.