News from FlightGlobal – Page 73
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NewsFraport calls on German politicians to lower fees in Frankfurt as passenger numbers stall
Airport operator Fraport says costs at its flagship airport in Frankfurt are hindering growth and preventing the facility from returning to its pre-Covid-19 passenger figures.
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NewsCourt stays controversial Dublin capacity cap pending EU consideration
Ireland’s High Court has granted a stay over the controversial passenger cap at Dublin which would have resulted in slot restrictions for summer 2025. The restriction is a consequence of planning conditions imposed in 2007 which limit annual passenger numbers at the airport’s two terminals to 32 million. Ireland’s aviation ...
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NewsEthiopian Airlines receives first of four A350-1000s
Ethiopian Airlines has taken delivery of its first Airbus A350-1000, the initial example of the largest family member on the African continent. The airline is to receive three more -1000s along with another 11 A350-900s. Ethiopian, which has 21 A350s in its fleet, converted four previous -900 orders to the ...
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NewsTurkish Airlines’ profit slips in third quarter despite cargo strength
Turkish Airlines’ profits slipped amid higher costs in the third quarter, a period in which strong cargo performance helped offset flat passenger revenue.
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NewsSouthwest appoints Rakesh Gangwal as board chair
Southwest Airlines on 4 November disclosed the appointment of Rakesh Gangwal as independent chair of the company’s board of directors, filling the role left vacant by former executive chairman Gary Kelly.
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NewsInvestment firm to acquire air cargo company ATSG for $3.1 billion
New York investment firm Stonepeak has signed an agreement to acquire US air cargo and aircraft leasing company Air Transport Services Group (ATSG) for $3.1 billion under a deal that would make ATSG a private company.
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NewsRyanair still expects first Max 10s in first half of 2027
While Ryanair has factored in continued delays to its incoming Boeing 737 Max 8-200s, the European low-cost carrier still believes the airframer is will be able to certify the Max 10 version in time to meet deliveries in the first half of 2027.
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NewsRyanair lowers 2026 passenger target on Boeing delivery delays
Ryanair has lowered its 2026 financial year passenger target by 5 million, to 210 million, amid continued Boeing 737 Max delivery delays, after today disclosing a 6% fall in second-quarter net profit to €1.43 billion ($1.55 billion).
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NewsSIA to upgrade business class across long-haul A350 fleet
Singapore Airlines has announced a major cabin retrofit programme for 41 Airbus A350-900s centred on a new business class seat.
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NewsChina Eastern takes delivery of first A321neos
China Eastern Airlines has taken delivery of its first pair of Airbus A321neos.
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NewsEl Al withdraws offer to invest in finance firm Isracard
Israeli flag-carrier El Al has withdrawn its preliminary offer to invest in credit-card and financial services firm Isracard, citing time constraints. The airline had disclosed a non-binding offer in mid-October to take a 45% shareholding in Isracard, through a private placement. But El Al states that Isracard set a “short ...
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NewsJAL sees second-quarter earnings improvement as rising costs loom
Japan Airlines reported an increase in its second-quarter earnings, amid an uplift in revenue across its business units and despite a rise in operating costs.
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NewsANA parent sticks to full-year outlook despite dip in six-month profit
ANA Holdings has maintained its full-year earnings forecast amid strong inbound and domestic passenger travel demand, even as its half-year profit slipped.
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NewsGaruda Indonesia nine-month losses widen
Garuda Indonesia reported steeper losses in its nine-month earnings, as operating expenses continued to creep up.
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NewsBoeing sweetens offer to striking machinists
The International Association of Machinists and Aerospace Workers (IAM) says it will vote on Boeing’s latest contract offer on 4 November.
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NewsSkyWest to deploy 40 CR550s into United’s network, including 11 former GoJet aircraft
SkyWest Airlines on 31 October disclosed a deal to deploy 40 MHIRJ CRJ550 regional jets to fly under contract for United Airlines.
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NewsSun Country on track to take eight 737 Freighters in 2025
US carrier Sun Country Airlines anticipates taking delivery next year of eight additional Boeing 737-800 cargo aircraft to fly on behalf of Amazon.
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NewsNewly enlarged Alaska lifts profit in third quarter despite cost pressures
Alaska Air Group increased net profit in the third quarter as yields turned positive, but a shortfall in aircraft deliveries means heightened cost pressures and curtailed capacity will continue for the remainder of the year.
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NewsHigher fares ‘inevitable’ as KLM slams Schiphol charges increase
Home carrier KLM has hit out at a hike in fees at Amsterdam Schiphol airport, increases it says will make it inevitable that ticket prices will rise.
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NewsSpirit Airlines to furlough further 330 pilots to match drastic capacity cuts
Spirit Airlines plans to furlough a further 330 pilots early next year as it navigates a period of severe financial turbulence.