News from FlightGlobal – Page 83
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Revenue jump helps privatisation target TAP swing to first-half profit
Privatisation target TAP Air Portugal turned a net profit of €22.9 million ($24.9 million) in the first half of the year, a marked improvement on losses at the same stage of 2022.
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China Southern confirms exit of A380
China Southern Airlines has retired its last two Airbus A380s, marking the type’s complete exit from the Chinese market after more than a decade of operations.
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A321 hard-landing inquiry unable to determine whether cockpit recorder deliberately erased
Russian investigators have not been able to determine whether a deliberate attempt was made to erase the cockpit-voice recorder of a Nordwind Airbus A321 after a hard landing in Antalya, by fitting it into a different aircraft. The recorder had been present on the A321 (VQ-BRS) as it flew – ...
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Rex says pandemic’s ‘legacy effects’ to blame for full-year losses
Australia’s Regional Express (Rex) remained in the red in its full-year earnings, as it laid the blame on the “legacy effects” of the Covid-19.
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China Southern first of ‘Big Three’ to return to profitability as travel demand picks up
China Southern Airlines became the first of the country’s three largest carriers to eke out a small operating profit following the coronavirus pandemic, as its compatriots narrow their losses on the back of travel demand recovery.
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Australia’s Torres Strait Air to renew fleet with 10 new-build Britten-Norman Islanders
UK airframer Britten-Norman has secured the latest commitment for its revitalised Islander utility aircraft, with Australian air charter operator Torres Strait Air signing a letter of intent to take 10 examples.
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Revived Monarch reveals new colour scheme and drops previous logo
Barely a week since its unveiling, the revived Monarch Airlines has changed its branding, ditching the logo and livery of the collapsed carrier that inspired it.
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Israeli lessor Global Knafaim settles dispute over aborted A330 sale
Israeli lessor Global Knafaim Leasing has reached an agreement in the dispute over an aborted Airbus A330-200 sale, and is aiming to supply the jet to a third party. The company is also separately intending to sell a pair of Airbus A320s. Global Knafaim disclosed in March this year that ...
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Share details reveal AMG Ventures stake in clean aviation start-up Ecojet
AMG Ventures, a business accelerator run by consultancy Airline Management Group, has taken a small stake in Ecojet Airlines as part of its backing for the environmental start-up.
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Supply chain woes slow AirAsia fleet recovery
AirAsia Aviation has blamed supply chain woes for delays in restorying its full fleet to service, as it reiterates its commitment to long-term fleet growth.
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‘Confident’ AirAsia Aviation targets network recovery by year-end amid Q2 profits
AirAsia Aviation Group targets to fully recover its network by the end of this year on the back of strong leisure travel demand, which it expects to peak in the coming months.
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Union accuses Air Canada, Jazz of not honouring ‘pilot flow’ agreements
The union representing Jazz Aviation pilots has accused the Canadian regional airline – along with mainline partner Air Canada – of engaging in unfair labour practices during recent contract negotiations.
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IATA argues NATS ‘fiasco’ should spur rethink of passenger-rights legislation
Preliminary assessment of the UK air traffic control failure of 28 August indicates it related to flight data the air navigation service NATS received, and was not the result of a cyberattack. But airline representatives are demanding an overhaul of passenger rights legislation after arguing that, unlike carriers, NATS is ...
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Hawaiian to decide on 717 replacements in coming months
Hawaiian Airlines expects to decide on a replacement for its Boeing 717 short-haul fleet in the coming months, the company’s chief executive tells FlightGlobal.
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JetBlue seeks ‘serious sanctions’ following redaction error in Spirit-merger lawsuit
JetBlue Airways continues fiercely pushing back against claims that it intends to hike prices by up to 40% on Spirit Airlines’ aircraft after its proposed acquisition of the rival carrier is finalised.
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Weak currency and legacy debt hampering Kenya Airways’ recovery: chief
Kenya Airways has turned in a half-year operating profit, but foreign-exchange effects overwhelmingly wiped out the improvement and led to heavy losses in the six-month period. The airline says it generated an interim KShs998 million ($6.8 million) operating profit which contrasted with a previous KShs5 billion loss. Revenues for the ...
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Iraqi Airways takes delivery of final A220
Iraqi Airways has completed the introduction of its Airbus A220-300 fleet, with the delivery of its fifth and final firmly-ordered aircraft. The Baghdad-based flag-carrier originally signed a letter of intent for up to 16 of the twinjets in 2013. Five of these would be firm orders and the airline aimed ...
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Flybe administrators detail likely creditor payouts
Flybe’s largest creditor DLP Holdings – a Luxembourg company linked to the airline’s owners – is unlikely to receive the entirety of the near £50 million ($63 million) it is owed, according to the administrators of the defunct UK regional carrier.
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AirAsia X marks a year of profitability, eyes China’s ‘massive potential’
AirAsia X expects a three-fold jump in flights to China by the end of the year, amid optimism of the market’s “massive potential”, and as the carrier posts its fourth consecutive quarterly profit.
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Tropical Storm Idalia growing into hurricane, poised to impact airports in Florida
Tampa International airport will be closed on 29 August due to fast-moving Tropical Storm Idalia, which is expected to gain force and become a Category 3 hurricane before making landfall in Florida.