News from FlightGlobal – Page 72
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LOT to expand fleet, and refit 787s, as part of five-year strategy
Polish flag-carrier LOT aims to increase its fleet by 50%, to around 110 aircraft, over the next five years, part of a newly-unveiled strategic path. The airline adds that, over the 2024-28 period, it seeks to lift passenger numbers by 70% to nearly 17 million. LOT intends to add another ...
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GlobalX expects three Airbus aircraft deliveries within several weeks
US start-up carrier GlobalX will take delivery of its third Airbus A321F on 10 October and plans to soon add two passenger jets.
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‘Not a single drop’: LATAM Airlines chief highlights region’s SAF challenges
LATAM Airlines Group chief executive Roberto Alvo has warned that Latin America is making no progress on the development of a sustainable aviation fuel (SAF) industry, putting at risk airlines’ ability to meet net-zero targets.
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LOT and JetBlue to begin codesharing on US and European flights
JetBlue Airways and Polish carrier LOT intend to begin a codeshare arrangement under which they will jointly sell flights from Europe and the USA.
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Loganair owners halt moves to sell carrier
Scottish regional carrier Loganair’s shareholders Stephen and Peter Bond are to remain as owners of the company “for the foreseeable future”, a year after detailing plans to look to sell their stake.
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UK air traffic control failure review to assess balance of cost-sharing
Independent panellists are to consider the balance of cost-sharing between air navigation service NATS and its customers following the air traffic control system failure on 28 August which led to severe disruption to airline operations. This aspect will form part of a review into the incident during which a flight-data ...
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‘Emerging star’ Phu Quoc to see capacity ramp-up as Korean carriers, Vietjet add flights
The Vietnamese city of Phu Quoc will see new services from two Korean operators, while low-cost operator Vietjet will launch more international flights from the tourist hotspot.
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Pilot shortage ‘very real’ for US regional carriers struggling to keep aircraft flying
The pilot-supply outlook remains gloomy for regional airlines as hundreds of aircraft are parked – and the shortfall looks likely to reverberate into the 2030s.
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CFM scrutinises data from suspect distributor in hunt for unapproved engine parts
Powerplant manufacturer CFM International has identified 126 engines, including a number in its overhaul facilities, which contain parts sourced from AOG Technics – the company embroiled in controversy over allegations of distributing unapproved parts. CFM and its partner GE Aerospace have identified 92 falsified European Union Aviation Safety Agency forms ...
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FedEx 757 skids along Chattanooga runway during gear-up landing
A FedEx Boeing 757 Freighter made a gear-up landing and skidded off the runway at Chattanooga Metropolitan airport in Tennessee late on 4 October.
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Supporters of charter airline JSX push back against effort to change charter rules
An online campaign to shore up support for US public charter airline JSX has been launched as US aviation regulators consider changes to charter operations rules.
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‘Airline sweet spot may have got sweeter’: IATA chief economist
The global airline industry’s fortunes have improved since IATA’s mid-year financial forecast for the industry, according to the association’s chief economist Marie Owens Thomsen, with positive factors continuing to more than offset negative ones.
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AAPA flags costs, supply chain challenges, as travel boom lifts recovery
The Association of Asia Pacific Airlines (AAPA) has warned of challenges posed by ongoing supply chain issues and rising costs, amid “resilient” travel demand boosted by tourism growth.
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Riyadh Air eyes key partnerships ahead of launch
Ambitious Saudi Arabian start-up Riyadh Air is likely to announce a number of key airline partnerships ahead of its planned launch in 2025.
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Malta puts hopes on higher load factors and profitable routes for successor carrier
Malta’s government believes an eight-strong fleet together with a right-sized network and staff levels will enable its planned successor carrier to Air Malta to be profitable.
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Royal Jordanian restructures capital to reduce large accumulated losses
Royal Jordanian Airlines has agreed a restructuring of the carrier’s capital, in order to reduce the company’s accumulated losses which amounted to nearly JD400 million ($564 million) at the end of last year. The airline stated in its annual report for 2022 that accumulated losses exceeded the company’s capital, noting ...
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Air France-KLM has potential avenue to becoming controlling SAS shareholder
While Air France-KLM Group would initially have a non-controlling stake in Scandinavia’s SAS, the company has indicated that the investment agreement includes a potential avenue to becoming a controlling shareholder. Air France-KLM’s emergence as a participant in the investment consortium for SAS underlines its strategy to help drive consolidation, and ...
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Brunei start-up Gallop Air targets Q3 2024 launch in search for investors, partners
China-backed Bruneian start-up Gallop Air is hoping to launch services in the third-quarter of 2024, as it looks to find backers and “local partners” – in addition to securing its air operator’s certificate (AOC).
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Allegiant adds options for 30 more jets to Boeing 737 Max deal
Ultra low-cost carrier Allegiant Air has amended its agreement with Boeing to add options for up to 30 more 737 Max, and changed the mix of 737 variants it plans to acquire.
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Russia’s Aeroflot Group reaches fleet settlement with another lessor
Russian operator Aeroflot Group has disclosed a settlement with Irish lessor SMBC Aviation Capital, covering 17 aircraft. The settlement relates to foreign-built aircraft which were retained by Russian airlines in the aftermath of international sanctions imposed over the Ukrainian conflict. Aeroflot says that, under the agreement reached, the lessor has ...