News from FlightGlobal – Page 665
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Cathay swings to profit as transformation bears fruit
The Cathay Pacific Group posted an operating profit of HK$3.6 billion ($459 million) in 2018, after two years of consecutive losses, as it saw the positive impact from its transformation programme.
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Malaysia mulls options for struggling flag carrier
Malaysia prime minister Mahathir Mohamad has reportedly said that he is studying options for the country’s flag carrier, including whether shut it down, sell it off, or to put in more investment.
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Cebu Pacific to build Clark and Cebu hubs
Cebu Pacific Air will expand its network out of Clark and Cebu this year, as it seeks to build on those two hubs.
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IATA sees softer air cargo market growth in 2019
IATA sees geopolitical factors denting demand for air cargo during 2019, and forecasts just 2% growth for the entire year.
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More than a third of global 737 Max fleet grounded
More than 30% of the global fleet of Boeing 737 Max aircraft are now grounded due to safety concerns, following the crash of two almost brand new Max 8s less than five months apart.
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No evidence yet to warrant 737 Max grounding: FAA
The Federal Aviation Administration has not received evidence enough to conclude that the 10 March crash of an Ethiopian Airlines Boeing 737 Max 8 involved circumstances similar to the October 2018 crash of a Lion Air aircraft.
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Comair latest to take 737 Max out of service
South African carrier Comair has become the latest Boeing 737 Max operator to take the type out of scheduled service following the fatal crash of an Ethiopian Airlines flight yesterday.
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Azul signs nonbinding deal to buy Avianca Brazil assets
Brazil's Azul has signed a deal to purchase key assets of financially troubled Avianca Brazil, including 30 Airbus A320-family aircraft, for up to $105 million.
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Austrian plans Vienna fightback
Austrian Airlines has committed to "fighting back" against low-cost rivals at Vienna airport by strengthening its European route network, in particular increasing frequencies to Germany.
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PICTURES: British Airways reveals Landor 747-400 retrojet
The latest British Airways retrojet, a Boeing 747-400 painted in the Landor livery of the 1980s and 1990s, emerged this morning from the paint-shop in Dublin.
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Dulles fortunes turn on lower costs as United maps growth
United Airlines could double the number of flights it operates from Washington Dulles International airport, putting the once questionnable hub on firmer and firmer footing.
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United encourages Boeing to speed up NMA development
United Airlines chief executive Oscar Munoz wants Boeing to speed up the development of its proposed New Mid-market Airplane.
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NewsPICTURE: Air Senegal takes delivery of first A330neo
Air Senegal has taken delivery of its first Airbus A330-900neo.
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Europe's airlines lament lack of female engineers and pilots
Two of Europe's biggest airline groups would like to see more women taking up engineering and pilot roles, but cite a lack of female applicants that is making progress tough.
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JAL names new LCC Zipair Tokyo
Japan Airlines has revealed that Zipair Tokyo will be the name of its new medium- and long-haul, low cost carrier that will launch in the summer of 2020.
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Air Lease emerges as customer for four more A350s
US lessor Air Lease has emerged as the customer behind an order for four Airbus A350s previously attributed to an unidentified client.
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Jet Airways grounds three more aircraft due to lease defaults
At least 28 of Jet Airways’ aircraft have now been grounded for defaults on lease payments, with the carrier disclosing three more groundings on 7 March.
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United plans 'evolution' to globe livery: CEO
United Airlines will unveil an updated livery that chief executive Oscar Munoz calls an "evolution" in the next few months.
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Heavy cancellations hammer Airbus net orders
Airbus has formally recorded Etihad Airways’ cancellation of 42 Airbus A350s which, alongside the scrubbing of 23 A380s and 25 A320neos, has left the airframer with a net order deficit of almost 100 aircraft.
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O'Leary joins KLM? Europe's airline chiefs pick fantasy job-swaps
"Imagine you could take over the airline of one of your co-panellists for one week. Which one and why?" asked moderator Richard Quest, to laughter from an expectant A4E audience.