News from FlightGlobal – Page 623
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Spirit Q3 profit hit by heavy weather
Spirit Airlines reports $992 million in operating revenue during its third quarter, a 10% increase compared with the same quarter during 2018, delivering $83.5 million net profit as the ultra-low-cost carrier plans to build a new headquarters in Fort Lauderdale and expand its Airbus fleet.
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Southwest takes $210m Max hit in Q3, expects another knock in Q4
Low-cost carrier Southwest Airlines says it lost $210 million in revenue during the third quarter as a result of the Boeing 737 Max grounding since March, and expects the loss to be higher in the fourth quarter due to the reshuffling of aircraft and schedule for traditional holiday season-related travel.
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All-Airbus Jazeera open to Boeing switch: chief
Kuwait's Jazeera Airways is not ruling out a complete switch of aircraft type to the Boeing 737 Max as part of its development plan.
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American expects 737 Max grounding cost to rise to $540m
American Airlines expects its total cost for the grounding of the Boeing 737 Max to be about $540 million in pre-tax earnings in 2019, up from a previous estimate of $400 million.
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Jazeera rethinks model options for long-haul partnership
Kuwait's Jazeera Airways is examining alternative partnership strategies to broaden its long-haul reach, having backed away from earlier exploration of a joint venture.
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Jazeera hints at Manchester if new London route performs
Kuwaiti budget carrier Jazeera Airways is to examine Manchester as a second UK route if performance on its new London Gatwick service meets targets. The airline is set to operate four times weekly to Gatwick from 27 October, using Airbus A320neo jets, and raise the frequency to daily starting in ...
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Thai Airways offers reassurances after 'motivational' warning
Thai Airways has dismissed a report that it is at risk of being shut down, arguing that local media had "misconstrued messages conveyed in a meeting" with airline staff.
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INTERVIEW: Jeju Air chief confronts tougher market
South Korean low-cost carrier Jeju Air plans to moderate growth as it faces more challenging conditions in key markets.
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Chinese bank venture to take over 27 Norwegian A320neos
Scandinavian budget carrier Norwegian is to establish a joint venture with China Construction Bank Leasing to take over 27 Airbus A320neo aircraft scheduled for delivery from next year.
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Spirit intends order for up to 150 A320neo-family jets
US budget carrier Spirit Airlines is intending to order 100 Airbus A320neo-family jets, for deliveries which will continue through to 2027. Spirit says the memorandum of understanding covers a “mix” of A320neo and A321neo jets, as well as the A319neo – the smallest member of the re-engined family which has ...
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Brussels Airlines to downsize
Brussels Airlines is to implement a three-year downsizing strategy aimed at stemming losses and achieving sustainable profitability.
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News787-10 helps Vietnam Airlines hit 100-aircraft mark
Vietnam Airlines has hit the 100-aircraft milestone with the delivery of a Boeing 787-10, its third example of the variant.
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Czech Airlines emerges as A220 and A321XLR customer
Czech Airlines has emerged as an Airbus A220 customer, ordering four of the -300 variant as part of an agreement which includes converting A320neos to the long-range A321XLR. The flag-carrier had seven A320neos on order but last month cancelled four of them. Airbus says the airline has instead ordered four ...
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Air NZ to start New York flights but end London service
Air New Zealand will begin flights between Auckland and Newark, while ending its long-serving Los Angeles-London services in October 2020.
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Finnair sees progress in sustainability push
Finnair has set 2050 as the year it hopes to halve its emissions, as it undertakes an ongoing sustainability push.
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Hawaiian Q3 net income falls 16% as competition increases
Hawaiian Holdings, the parent company of Hawaiian Airlines, says net adjusted income fell 16% to $81.5 million in the third quarter of 2019 compared to the same period a year ago as increased competition weighed on airline’s results.
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NewsEtihad unveils 'Manchester City' 787-9
Middle Eastern carrier Etihad Airways has shown off a striking special livery on a Boeing 787-9 marking the airline’s continuing partnership with the UK’s Manchester City football club.
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Sixth chief this year prepares to lead embattled Tarom
Romanian flag-carrier Tarom has named yet another director general, the sixth to hold the post at the troubled carrier this year.
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FlyArystan to start international services in December
Air Astana's budget operation FlyArystan is to open its first international route, serving the Russian capital Moscow through Zhukovsky airport.
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NewsMark Anderson on foundations for Virgin Connect
The chief executive of Virgin Connect believes right-sizing of the fleet, a clearer focus and connections with Virgin Atlantic can help the carrier emerge from its Flybe foundations and return to profit in 2020.