News from FlightGlobal – Page 92
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NewsBermudair requests ‘immediate action’ from US DOT to launch operations
Start-up regional carrier Bermudair has received an air operator certificate from the Bermuda Civil Aviation Authority, taking it one step closer to launching operations to the East Coast of the USA.
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NewsIAG again flags slower-than-expected recovery in corporate travel
IAG is still experiencing a slower-than-expected recovery in corporate travel from the Covid-19 pandemic, with British Airways seeing demand plateau in the second quarter of this year.
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NewsIAG cites Iberia lessons as BA and Aer Lingus battle operational challenges
The operating environment in Europe is proving “extremely difficult” this summer, but Iberia’s strong punctuality offers a template for other carriers in the group, according to IAG.
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NewsPlay looks to expand fleet and network as first half exceeds expectations
Icelandic budget airline Play is extending its network to the German hub of Frankfurt later this year, as it turns in an improving first-half performance. Play is to open the Frankfurt service on 14 December, operating the route four to five times weekly over the winter season. Frankfurt will be ...
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NewsAir France-KLM in talks with Apollo over €1.5bn loyalty programme financing
Air France-KLM is in talks with private equity firm Apollo Global Management over a possible €1.5 billion ($1.66 billion) financing of its loyalty programme Flying Blue.
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NewsProspective A380 start-up Global Airlines plans initial New York and Los Angeles routes
Prospective UK long-haul start-up Global Airlines is intending to configure its Airbus A380s with 450-470 seats, and initially operate to New York JFK and Los Angeles from London Gatwick. The would-be carrier is promising a three-class service – first, business and economy – as it looks to obtain an air ...
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NewsIAG sees quarterly profit top €1bn after record Iberia result
IAG cited a strong performance from its Spanish operations as the British Airways and Iberia owner saw its net profit for the second quarter of 2023 top €1 billion ($1.1 billion).
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NewsANA parent swings to quarterly profit on strong passenger travel demand
ANA Holdings rebounded to profitability in its first-quarter earnings, helped by a jump in revenues led by strong passenger travel demand across international, domestic and low-cost networks.
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NewsBritish Airways to take six more Boeing 787-10s
IAG has firmed an order for six Boeing 787-10 widebodies, while adding six more options for the variant.
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NewsAir France-KLM doubles profit in second quarter
Air France-KLM doubled operating profits in the second quarter to €733 million ($810 million) on revenues up 14% on the same period last year.
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NewsAirAsia India cleared to operate under Air India Express brand
Indian low-cost carrier AirAsia India has received clearance to operate flights under the Air India Express branding, as the consolidation of the Tata Group’s airline businesses continues.
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NewsQantas, IndiGo, Air India add to international networks
Qantas, IndiGo, and Air India are all adding to their international networks, while Singapore and Japan are working towards greener air travel between the two countries.
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NewsAirAsia units tap international ‘resurgence’ as passenger volumes double
AirAsia Aviation carriers are to reallocate more capacity to their international networks, amid a “resurgence” in demand in international travel.
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NewsSouthwest profitable in Q2 but network ‘not optimised’: CEO
Southwest Airlines on 27 July reported a second-quarter profit of $683 million based on “continued strong demand” from leisure travellers, but has struggled to attract business travellers during its recovery.
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NewsSouthwest ordered 19 more 737 Max jets in recent months
Southwest Airlines has exercised options for 19 yet-to-be-certificated Boeing 737 Max 7s, while also converting 16 Max 7s to Max 8s in its order book for 2024.
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NewsUS government approves Delta-Air Baltic codeshare deal
The US Department of Transportation (DOT) has approved a codeshare agreement between Delta Air Lines and Latvian carrier Air Baltic.
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NewsRestructured Air Seychelles back to profit for first time since 2016
Air Seychelles posted a profit of $8.4 million in 2022 after completing a formal restructuring, marking its first year in the black for six years.
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NewsSIA Group targets 90% pre-pandemic capacity by March in network rejig
Singapore Airlines Group expects to ramp up capacity to several parts of its network from the end of the year, as it targets operating at around 90% pre-pandemic capacity by March 2024.
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NewsWizz Air hit with UK enforcement action over disruption payments
Budget carrier Wizz Air has overhauled its commitments and processes for paying passengers when flights are cancelled and delayed after the UK aviation regulator took enforcement action over a high volume of passenger complaints of money still owed.
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NewsSIA Group profit jumps in first quarter but warns of increasing competition
Singapore Airlines Group improved its first-quarter operating profit on the back of strong travel demand, though it warns that competition “is expected to intensify” in the coming months as international capacity grows.