News from FlightGlobal – Page 55
-
NewsAtlas Air takes delivery of third 777F on behalf of MSC Mediterranean
US carrier Atlas Air has taken delivery of its third of four Boeing 777 Freighters placed on long-term aircraft, crew, maintenance and insurance agreements with MSC Mediterranean Shipping Company. Atlas confirmed the delivery on 30 November, adding that MSC will boost existing weekly cargo flights and add a route ...
-
NewsEl Al takes steps to mitigate conflict impact after profitable third quarter
Israeli flag-carrier El Al expects a 5-10% reduction in capacity over the fourth quarter, as a result of the Gaza conflict, and a fall in load factor, but it has yet to estimate the impact on the first quarter of next year. El Al says it experienced initial high demand ...
-
NewsLufthansa drops plan to sell stake in MRO unit
Lufthansa Group has dropped plans to divest a partial stake in its engineering unit Lufthansa Technik after unveiling a new long-term growth plan for the division.
-
NewsSAS to reduce ‘complex’ mainline wet-leasing arrangements next year
SAS is looking to cut back on the number of wet-lease agreements it has entered, in order to simplify its operation as it emerges from US Chapter 11 protection. The airline’s full-year financials show that wet-lease expenditure increased substantially, to SKr2.6 billion ($250 million), compared with pre-crisis figures of around ...
-
NewsImproved SAS commercial performance 'cloaked' by fuel and currency effects
Scandinavian carrier SAS has turned in a full-year operating loss of SKr2.7 billion ($260 million) and net loss of SKr5.7 billion, as it enters the final stages of its restructuring programme under US Chapter 11 protection. Revenues for the year reached SKr42 billion, as passenger numbers rose by one-third to ...
-
NewsStrong short-haul demand lifts October traffic: AAPA
A “healthy travel appetite” – especially in the short-haul market – boosted international passenger traffic among Asia Pacific carriers in October, with near-term prospects still looking positive.
-
NewsPorter Airlines orders 25 more Embraer 195-E2s
Canada’s Porter Airlines has placed firm orders for 25 more Embraer 195-E2s – on top of 50 existing orders – in a deal valued at $2.1 billion.
-
NewsTwo Unity Air EMB-120s suffer separate serious accidents, hours apart, at same airport
Tanzanian regional carrier Unity Air Zanzibar has been involved in a bizarre occurrence during which two of its Embraer EMB-120 turboprops were involved in separate accidents at the same airport within hours. According to conservation organisation Tanzania National Parks, one of Unity Air’s EMB-120s “encountered a technical problem” while landing ...
-
NewsEtihad to deploy A380s on New York JFK route next summer
Gulf carrier Etihad Airways is return the Airbus A380 to one of its Abu Dhabi-New York rotations next summer, marking its restoration of services with the ultra-large jet on a second route.
-
NewsIsrair shelves plan for additional A320s at least until Gaza conflict subsides
Israeli leisure carrier Israir Group has suspended plans to introduce another pair of Airbus A320s next year, as a result of the Gaza conflict. The airline has been operating six A320s this year – two owned and four on long-term dry lease – and it tentatively agreed in August to ...
-
NewsAvia Solutions expands Asian reach with new Thai division for BBN Airlines
Avia Solutions Group is establishing a new airline operating in Thailand, extending the presence of its BBN Airlines brand following its creation of an Indonesian division. The new operator, BBN Airlines Thailand, is intending to offer wet-lease and passenger charter activity to customers in the region. It will use a ...
-
NewsResumption of US-China flights a headwind for Cathay long-haul recovery: HSBC
HSBC warns that the resumption of direct flights between Mainland China and the USA could impact Cathay Pacific’s long-haul traffic, even as the Hong Kong-based carrier rebounds to a strong recovery this year.
-
NewsGlobalX launches subsidiary UrbanX Air to operate air taxis in South Florida
Global Crossing Airlines Group, which operates the charter airline GlobalX, has created a wholly owned subsidiary known as UrbanX Air to operate the company’s anticipated fleet of electric air taxis in South Florida.
-
NewsEve and Jeju Air outline proposed air taxi operations in South Korea
Eve Air Mobility and low-cost carrier Jeju Air are partnering to explore the technical and commercial requirements for electric air taxi operations on the resort island of Jeju.
-
NewsAvianca CEO Neuhauser takes new job as CEO of parent Abra Group
Avianca chief executive Adrian Neuhauser will take the helm of Abra Group, which owns Avianca and Brazil’s Gol, in January, while remaining executive vice-chairman of the Colombian carrier’s board of directors.
-
NewsAtlas orders pair of Boeing 777Fs
Atlas Air Worldwide has ordered two additional Boeing 777 Freighters to be delivered in the second half of 2024.
-
NewsEasyJet reaches new long-term base deal with Gatwick
UK low-cost carrier EasyJet has struck a new long-term deal at its biggest base London Gatwick airport.
-
NewsAegean shareholders indicate preference for ending Greek government’s right to diluting stake
Aegean Airlines has signalled that its shareholders favour buying back warrants relating to pandemic compensation, rather than allow the Greek government to exercise its right to take a diluting share in the carrier. The Greek government provided €120 million ($132 million) to compensate the company for losses caused by the ...
-
NewsAir Transat and Porter plan closer collaboration through joint venture
Canadian operators Air Transat and Porter Airlines have agreed to coordinate flight schedules and routes under a new joint venture aimed at helping both carriers expand.
-
NewsNigeria’s Ibom takes first A220 from order for 10
Nigerian operator Ibom Air has received its first new Airbus A220-300, one of 10 ordered by the carrier. Ibom Air has already gained experience with A220s operations after it temporarily leased a pair from EgyptAir in 2021. It subsequently disclosed an order for 10 of the twinjets during the Dubai ...