News from FlightGlobal – Page 57
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Emirates’ Clark underlines higher-weight 787-10’s network flexibility
Emirates president Tim Clark indicates that availability of a higher-weight Boeing 787-10 was behind its decision to reinstate the variant as part of the carrier’s rejig of 787 orders. The airline had originally indicated in 2017 that it would introduce 40 787-10s but ultimately agreed, two years later, to take ...
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Jet2 converts options on 12 more A320neo-family jets as profits run continues
UK leisure carrier Jet2 has converted options on 12 more Airbus A320neo-family jets to take its firm orders for the type to 110.
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Kenya Airways introducing 737-800 freighters to enhance cargo capacity
Kenya Airways is introducing a pair of Boeing 737-800 converted freighters in order to expand its cargo capacity. The flag-carrier says the freighters will contribute to its “diversification strategy” and address a “growing demand” for cargo carriage in the region. Kenya Airways currently operates a pair of older 737-300 freighters. ...
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‘Reeking of mischief’: Malaysia’s SKS Airways slams reports of financial woes, as CEO departs
Malaysia’s SKS Airways has hit back at media reports suggesting that it faces financial woes, slamming them as “categorically false and [reeking] of mischief”, as it reiterates a commitment to its “next phase of growth”.
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Emirates flies A380 part-powered by 100% sustainable aviation fuel
Emirates has operated an Airbus A380 partly powered by 100% sustainable aviation fuel, claiming to be the first carrier to conduct such a demonstration flight with the double-deck type. The aircraft departed Dubai on 22 November with one of its four Engine Alliance GP7200 powerplants – as well as its ...
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Kuwaiti lessor ALAFCO terminates A320neo purchase contract
Kuwaiti lessor ALAFCO is cancelling a contract for Airbus A320neo twinjets, the company has disclosed to the emirate’s stock exchange. ALAFCO has given few details about the decision, but says it has “reached an agreement” with Airbus to “terminate” the contract for the purchase order. It ordered 50 A320neos in ...
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KlasJet obtains authorisation for Canadian wet-lease operations
Lithuanian private and corporate charter carrier KlasJet has obtained Canadian approval for wet-lease operations in the country. KlasJet has a fleet of 14 Boeing 737s including eight -800s for wet-lease and six – among them a Boeing Business Jet – configured for premium services. The carrier’s parent, Avia Solutions Group, ...
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Finnair obtains €570m, including loan offset, from new share issue
Finnair has revealed that its rights issue – which was slightly oversubscribed – has raised just over €570 million ($620 million) in gross proceeds, including a €318 million commitment from the Finnish government. Net proceeds from the issue are around €558 million. The carrier had disclosed plans for a new ...
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Clark still gets ‘real buzz’ from leading Emirates after delaying retirement
Long-serving Emirates president Tim Clark still gets a “real buzz” from the ”herculean project” of running the Middle Eastern giant, years after he delayed his retirement.
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JAL, Yamato take first A321P2F in domestic cargo partnership
Japan Airlines and logistics firm Yamato Holdings have taken delivery of their first Airbus A321 passenger-to-freighter (A321P2F) aircraft, with domestic cargo operations set to launch April 2024.
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‘Finally out of the woods’: AirAsia X sheds financially distressed status as profits double
AirAsia X has shed its financially distressed status following an appeal, as it improved its third-quarter earnings on the back of strong passenger recovery.
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Avelo to exit four markets and seasonally suspend nine routes
US ultra-low-cost carrier Avelo Airlines is exiting four markets that did not develop as planned and intends to seasonally suspend a further nine routes.
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US Court approves SAS’ investment agreement with Castlelake consortium
A US court has approved Scandinavian operator SAS’ entry into a formal investment agreement with Castlelake, Air France-KLM, the Danish government and financing company Lind Invest.
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Frontier seeks further foothold in Midwest USA with trio of planned crew bases
Seeking to bolster its presence in the Midwest USA, ultra low-cost carrier Frontier Airlines plans to open crew bases in Chicago, Cleveland and Cincinnati early next year.
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IAG eyes operating margin of 12-15% in medium-term
British Airways and Iberia parent IAG has set itself a medium-term profits target of delivering an operating margin of 12-15%.
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Lessor SMBC orders 60 more A320neo family jets
Lessor SMBC Aviation Capital has ordered 60 more Airbus A320neo family aircraft.
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Heathrow ‘actively reviewing’ expansion options under new CEO
London Heathrow airport is reviewing its long-term expansion options, including the possibility of building of a third runway.
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Italy’s ITA Airways seals codeshare with Korean Air
Italian carrier ITA AIrways has agreed a codeshare deal with SkyTeam partner Korean Air.
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Connect Airlines vows to appeal DOT decision to revoke certificate
The US Department of Transportation (DOT) has revoked certificate authority from Waltzing Matilda Aviation, the Massachusetts company that owns start-up regional carrier Connect Airlines.
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FAA taking ‘immediate action’ to implement improvements to ATC safety
Following the publication of a damning report on the state of US air traffic control (ATC) operations earlier this week, the Federal Aviation Administration has said it is taking “immediate action” to enhance training and safety reporting.