News from FlightGlobal – Page 69
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NewsAmerican posts $545m Q3 loss as operating expenses rise almost 10%
American Airlines posted a $545 million loss for the third quarter of 2023 as its expenses jumped 9.4% year-on-year, including an almost 17% increase in jet fuel prices and a one-time charge related to its new pilot contract.
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NewsAmerican orders four E175s with 2024 deliveries
American Airlines has ordered another four Embraer 175 regional jets, which it intends to deploy into the fleet of its subsidiary regional carrier Envoy Air.
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NewsUnited sees Dreamliner order giving it control of fleet growth plan
United Airlines’ recent order for more Boeing 787-9s reflects the airline seeking to lock in its growth opportunity amid a backdrop of sliding aircraft deliveries.
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NewsQantas axes plans to acquire charter operator Alliance Aviation
Qantas has scrapped plans to acquire resources charter operator Alliance Aviation – months after competition regulators opposed the deal – noting that “there is no reasonable path forward” for the merger now.
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NewsSun Country planning summer expansion to Canada
US ultra-low-cost carrier Sun Country Airlines plans to launch new routes from its base in Minneapolis to Montreal and Toronto in June 2024.
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NewsAir India Express rebrands and sets 170-aircraft target as 737 Max jets arrive
Air India Express has launched its new branding, weeks after taking delivery of its first two Boeing 737 Max jets, as Air India Group continues its transformation and growth under Tata Group ownership.
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NewsEmirates strikes Neste deal to secure SAF for 2024-25
Middle East carrier Emirates has struck a major deal with Neste to supply sustainable aviation fuel (SAF) during 2024 and 2025.
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NewsTransavia to pick up routes as Air France signals end to Paris Orly flights by 2026
Air France has outlined plans to transfer operations of its domestic flights from Paris Orly airport to its leisure unit Transavia citing a “structural fall” in demand for the network carrier’s services.
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NewsUnited lifts Q3 profits a fifth on strong international demand
United Airlines’ net profits climbed by one-fifth in the third quarter to reach $1.1 billion, in part driven by a strong performance on its international routes in the Atlantic and Pacific regions.
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NewsAirbus and Embraer forecast supply-chain improvements amid airline frustration
A global skills shortage is continuing to create challenges in the production and maintenance of commercial aircraft, but OEMs express cautious optimism that the situation will improve towards the end of next year.
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NewsAir Canada stays with GEnx for fresh Boeing 787 order
Air Canada has opted for GE Aerospace GEnx-1B engines to power its latest batch of Boeing 787 Dreamliners ordered last month.
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NewsAir Nostrum and CityJet finally join forces in European regional alliance
Regional carriers Air Nostrum and CityJet have formally joined forces to create a European regional airline alliance, nearly five years after a tie-up was first proposed.
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NewsCompetition watchdog confirms CAA decision on Heathrow charges
Heathrow Airport and three of its leading operators have lost their respective appeals after the UK’s competition watchdog confirmed it had broadly backed the UK CAA’s ruling on airline charges through until 2026.
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NewsHainan Airlines expands Russia network; other airlines add China flights
Hainan Airlines is launching new flights to Russia, making among the rare operators to do so amid the war in Ukraine. Meanwhile, airlines in Southeast Asia are looking to expand their Mainland China networks.
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NewsEl Al unable yet to estimate financial hit from war
Israeli flag carrier El Al has warned of a negative impact on its results for the fourth quarter as a result of the security situation in the country but is not yet able to estimate the full scope of the financial hit.
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NewsKLM Cityhopper chief warns Schiphol transfer tax could ‘kill the network’
The chief executive of regional carrier KLM Cityhopper has warned of the potentially serious impact of introducing a transfer tax at Schiphol airport, while stating his belief that the commercial aviation sector and the Dutch government will “find each other again” and achieve better outcomes at the hub.
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NewsMalaysia’s MYAirline gets AOC revoked, as airline claims ‘multiple’ offers in revival bid
Malaysian regulators have suspended the air operator certificate (AOC) of start-up low-cost operator MYAirline, dealing a blow to the carrier’s revival plans.
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NewsJeju Air eyes growth after strong rebound from pandemic
The arrival of the 737 Max 8 next month sees Jeju air eyeing longer range services, as the carrier puts the coronavirus pandemic firmly behind it.
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NewsQantas hit by another executive departure as loyalty chief resigns
Qantas’ loyalty programme chief Olivia Wirth has announced her departure, the latest in the string of high-ranking executive resignations to hit the embattled carrier.
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NewsAir Wisconsin pilots ratify three-year contract with 38% pay bump for captains
The deal boosts Air Wisconsin pilots’ combined pay by nearly $48 million over the life of the agreement and concludes negotiations that began in August 2022.