News from FlightGlobal – Page 65
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NewsJetBlue lost $153m in Q3 as air-travel demand failed to keep up
Operational troubles and too many seats in the USA pushed JetBlue Airways to a $153 million loss in the third quarter of 2023, prompting the airline to trim its capacity.
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NewsLATAM Airlines posts $232m profit, based on strength of passenger operations
LATAM Airlines Group posted record quarterly revenue during the three-month period ending in September, turning a $232 million profit – the airline’s fourth consecutive quarter in the black – as sales from passenger travel more than offset a decline in cargo revenue.
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NewsEtihad carries out first commercial flight from new Abu Dhabi terminal
Home carrier Etihad Airways has conducted the first commercial flight out of Abu Dhabi International airport’s long-awaited new Terminal A.
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NewsAACO carriers to pilot SITA sustainability and digital-identity initiatives
Three airline members of the Arab Air Carriers Organization are to participate in pilot projects focused on sustainability management and digital identity, under a co-operation agreement with SITA. The agreement covering trials of the two technology solutions, which will take place over the next few months, was unveiled at the ...
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NewsSaudia seeking ‘quick fixes’ to ease supply-chain impact on fleet: chief
Saudi Arabian operator Saudia Group’s chief says the airline is working to obtain “quick fixes” – though not necessarily permanent resolutions – to address the supply-chain impact on its fleet. Speaking during a briefing at the Arab Air Carriers Organization conference in Riyadh, director general Ibrahim Al-Omar said the company ...
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NewsKuwait Airways weighs long-haul freighter options as it seeks to build cargo division
Kuwait Airways is weighing the Boeing 777F and the Airbus A350F as it looks to enhance its cargo division, a strategy through which it expects to acquire a fleet of dedicated freighters. Newly-appointed chairman Abdulmohsen Alfagaan, speaking to FlightGlobal at the Arab Air Carriers Organization conference in Riyadh, stressed the ...
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NewsJAL posts half-year profit as recovery surpasses expectations
Japan Airlines returned to profitability in its half-year earnings, as international passenger revenues soared past pre-pandemic levels.
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NewsStrong international demand propels ANA to record operating profit
All Nippon Airways parent company ANA Holdings saw its operating profit more than quadruple to Y130 billion ($865 million) for the six months ended 30 September owing to strong international and domestic passenger growth.
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NewsAsia-Pacific cargo demand picks up in September following months of decline
Asia-Pacific carriers in September reported an upswing in air cargo demand for the first time in 2023 – following more than a year of declines – as passenger demand continues to hold strong.
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NewsAsiana cargo unit sale decision delayed, dealing blow to merger plans
Asiana Airlines has failed to come to a decision on whether to divest its cargo unit – a crucial factor in winning regulatory approval for a merger with compatriot Korean Air – adding uncertainty to the drawn-out acquisition process.
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NewsComac delivers first ARJ21 converted freighters
Comac has delivered its first pair of ARJ21 converted freighters, as the airframer hails the “solid step forward” for China’s aerospace sector.
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NewsAir Transat targets first flights to Africa in 2024
Canadian leisure carrier Air Transat is targeting Africa for the first time with plans to launch flights between Montreal and Marrakesh, Morocco in June.
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NewsWestJet completes integration of discount subsidiary Swoop
Canadian airline company WestJet Group recently completed the integration of former low-cost subsidiary Swoop into its primary WestJet operation.
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NewsFinally steady Air Canada makes C$1.25 billion third-quarter profit
Air Canada’s slow and painful recovery from the Covid-19 pandemic appears mostly in the rear-view mirror as the carrier reports reaching more stable ground during the third quarter.
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NewsSaudi regulator sets out framework to give airlines and airports economic flexibility
Saudi Arabia’s civil aviation authority has adopted new economic regulations intended to raise air transport sector performance through competition and transparency, as part of Saudi efforts to transform the country into a global passenger and freight hub. The framework, centred on three areas, aligns with the kingdom’s ambitious Vision 2030 ...
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NewsIAG positive on outlook but ‘mindful’ of geopolitical issues
While IAG gave relatively little away in terms of its full-year guidance after posting a strong set of third-quarter profits, this perhaps reflects confidence in the return of the fundamentals of the business more than a lack of visibility. IAG lifted operating profits 43% to €1.75 billion ($2.05 billion) in ...
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NewsKorean Air orders 20 more A321neos
Korean Air has increased its Airbus A321neo orderbook, committing to 20 additional narrowbodies as part of fleet renewal plans.
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NewsQantas adds Paris, Shanghai to network; airlines ramp up Japan-Korea flights
Qantas is expanding its international network, while other Asian carriers resume more international flights after the pandemic.
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NewsQantas refutes regulator’s ‘ghost flights’ allegations in lawsuit defence
Qantas has refuted claims by Australia’s competition watchdog that it misled its customers by selling seats on flights that never took off, charging that the regulator’s lawsuit “ignores the realities” of the airline sector.
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NewsChina Southern swings to nine-month profit as other Chinese carriers narrow losses
China Southern Airlines returned to the black in its nine-month financial results, continuing its streak of profitability since China swung open its international borders and eased pandemic restrictions.