News from FlightGlobal – Page 529
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Weak international demand hits JAL's first-half result
Japan Airlines' operating profit fell 16% to Y81.3 billion ($751 million) in the six months ended 30 September, amid weakness in its international business.
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Hainan Airlines third-quarter profit down 36%
Hainan Airlines saw operating profit decline 36% to CNY150 million ($21.3 million) in the third quarter.
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Higher costs drag Juneyao's Q3 profit
Juneyao Air saw its operating profit for the third quarter fall 14.7% to CNY905 million ($129 million), on the back of higher costs.
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BA strike brings down IAG third-quarter profits
British Airways parent IAG is blaming the UK carrier's pilot strike in September for a fall in third-quarter operating profit.
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China Southern posts 9% increase in Q3 profit
China Southern Airlines saw its third quarter operating profit rising 8.9% to CNY3.34 billion ($473 million).
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Air China third-quarter profit up 5%
Lower expenses helped to push Air China’s operating profit for the third quarter up 5.4% to CNY4.86 billion ($690 million).
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Thomas Cook’s Nordic airline renamed after investors swoop
Thomas Cook Airlines Scandinavia is to be rebranded as Sunclass Airlines after the collapsed tour operator Thomas Cook Group’s Northern Europe division was acquired by a trio of investors. The investors include Strawberry Group, the fund controlled by businessman Petter Stordalen, as well as Altor Funds and TDR Capital. Strawberry ...
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Wizz shareholders approve A321XLR order
Central European budget carrier Wizz Air's shareholders have overwhelmingly voted in favour of its plans to purchase 20 Airbus A321XLR twinjets.
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SAA in discussions over equity partnership: minister
South Africa's finance minister has told the country's parliament that discussions are being held with investors with a view to freeing flag-carrier South African Airways from state support.
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British Airways cuts Miami capacity over Trent 1000 issues
British Airways is cutting its winter frequencies to Miami because of ongoing issues with the Trent 1000 engines on its Boeing 787 Dreamliners.
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Gatwick trial targets 10% cut in boarding times
London Gatwick airport is conducting a trial to find the most efficient sequence to seat passengers, in a bid to reduce boarding times by 10%.
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Airbus crams A321neo deliveries into fourth quarter
Airbus is aiming to squeeze half of this year's overall deliveries of the reconfigured Airbus A321neo into its fourth-quarter output.
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SIA and Malaysia Airlines add revenue-sharing to partnership
Singapore Airlines and Malaysia Airlines have signed a wide-ranging commercial agreement, which will include revenue sharing and expanded codeshares, building on a memorandum of understanding which was signed in June.
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A330-800 certification slips to 2020
Airbus has quietly pushed back A330-800 certification to next year, shifting the timeline for approval of the smaller A330neo variant.
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Airbus starts to feel deliveries impact from WTO dispute
Airbus expects newly-imposed import tariffs arising from its subsidies dispute with Boeing to affect a small number of deliveries this year, but is concerned that the situation will become more difficult in mid-2020.
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Airbus cuts full-year aircraft delivery forecast
Airbus has cut its commercial aircraft delivery forecast to 860 aircraft, down from the previous 880-890, as it continues to deal with production ramp-up on its single-aisle lines.
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Lower expenses boost Shandong Airlines Q3 profit
Shandong Airlines reported a 13.1% increase in its third-quarter operating profits to CNY924 million ($131 million), driven in part by a reduction in operating expenses.
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South Korea's Air Premia commits to five Boeing 787-9s
South Korean carrier Air Premia has committed to acquiring five Boeing 787-9s, in a deal valued at $1.4 billion at list prices.
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Indonesia AirAsia names new chief executive
Indonesia AirAsia (IAA) has named Veranita Yosephine as its new chief executive.
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China Eastern's third-quarter profit up 10%
China Eastern Airlines saw its third-quarter operating profit rising by 9.7% to CNY3.24 billion ($459 million).