News from FlightGlobal – Page 97
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NewsAir Cote d’Ivoire requests financing proposals for upcoming A330neo deliveries
Air Cote d’Ivoire is seeking $170 million in financing to cover a pair of Airbus A330neos, for which the carrier signed nearly two years ago. The airline ordered the A330-900s, powered by Rolls-Royce Trent 7000 engines, in September 2022. It states in a document to bidders, detailing the financing requirement, ...
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NewsTurkish Airlines to lease 10 A321neos from AerCap
Turkish Airlines has signed a lease agreement with lessor AerCap for 10 new Airbus A321neos.
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NewsVietnam Airlines’ fleet grows with first A320neo arrival, imminent 787-10 delivery
Vietnam Airlines has taken delivery of the first of three Airbus A320neos, and confirms that more Boeing 787-10 aircraft will be delivered “in the near future”
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NewsDelta and Riyadh Air reveal intention to build intercontinental joint venture
Delta Air Lines has a formed a new strategic partnership with Saudi Arabia’s Riyadh Air, with the major US airline and yet-to-launch carrier building toward an eventual joint venture.
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NewsEx-chief of El Al co-founds Israeli start-up carrier aiming to fly from Haifa
Former El Al chief executive Gonen Usishkin is heading a new Israeli start-up airline, which aims to operate turboprop services from the northern coastal resort of Haifa. AirHaifa is expecting civil aviation regulators to complete the carrier’s licence process around September this year. The airline says it plans to operate ...
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NewsUnited Airlines faces fresh scrutiny after latest wheel-loss incident
United Airlines is facing renewed scrutiny of its safety performance after a Boeing 757-200 lost a wheel from its main landing gear as it took off from Los Angeles international airport – the latest in a series of incidents that have drawn negative attention to the carrier, not least from the Federal Aviation Administration.
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NewsTarom claims ‘normality’ agreement after crew disruption forces flight cancellations
Romanian flag-carrier Tarom has reached an agreement with flight personnel to restore normal operations, after multiple claims of sickness forced the airline to cancel a large number of services. The airline cancelled over 20 flights on 8 July after flight staff made “individual declarations of unfitness to fly”. Tarom says ...
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NewsLufthansa faces in-depth re-assessment of €6bn pandemic aid after EU court ruling
German flag-carrier Lufthansa is facing an in-depth investigation by the European Commission over its €6 billion ($6.5 billion) recapitalisation during the Covid-19 pandemic, following court annulment of the original approval. The state aid measure comprised a €5.7 billion silent participation, made up of two financial instruments, plus a €306 million ...
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NewsSouth Korea lifts caps on Manila flights
South Korea has liberalised air traffic rights to Manila, which it hopes will spur an increase in flights from its secondary airports to the capital of the Philippines.
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NewsSouthwest adds Rakesh Gangwal as board director in face of leadership criticism
Facing investor criticism for having a too-insular board of directors, Southwest Airlines has added longtime airline executive Rakesh Gangwal to the group it believes will guide it back to “enduring profitability”.
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NewsRossiya set to test integrated aftersales service platform for MC-21’s PD-14 engines
Aeroflot Group carrier Rossiya is set to test a new aftersales service system developed to handle the Aviadvigatel PD-14 engine for the Yakovlev MC-21 twinjet.
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NewsSingapore approves SIA-Garuda commercial joint venture
Singapore’s competition regulators have allowed Singapore Airlines and Garuda Indonesia to deepen their strategic partnership as part of a commercial joint venture agreement.
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NewsTurkish Airlines reaches compensation deal over PW1100G engines
Turkish Airlines has struck a compensation agreement covering engine availability issues impacting the Pratt & Whitney PW1100G geared turbofans powering its Airbus A320neo-family aircraft.
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NewsCathay Pacific to redeem shares to draw line under Covid state support
Cathay Pacific has outlined plans to redeem and cancel its remaining preference shares held by the Hong Kong government related to a recapitalisation carried out in 2020 after the pandemic hit.
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NewsCopa Airlines takes delivery of its first Boeing 737 Max 8
Panama City-based Copa Airlines has taken delivery of its first Boeing 737 Max 8.
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NewsITA performance ahead of business plan: Spohr
Italian carrier ITA Airways is performing ahead of the business plan drawn up last year as Luthansa Group prepares to take a stake in the airline.
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NewsUzbek carrier My Freighter leases additional 767 cargo jets
Uzbek carrier My Freighter has entered a lease agreement for another pair of Boeing 767-300 converted cargo jets. It has reached the deal with US-based Air Transport Services Group subsidiary Airborne Global Leasing. Tashkent-based My Freighter’s chief, Abdulaziz Abdurakhmanov, says the agreement is a “significant milestone” which “strengthens our service ...
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NewsAirAsia’s A321neo deliveries resume after pandemic hiatus
Thai AirAsia has taken delivery of a new Airbus A321neo, marking the resumption of aircraft deliveries for the AirAsia Group after a hiatus of close to four years.
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NewsNorwegian cuts full-year profit outlook over softer traffic and higher costs
Scandinavian budget carrier Norwegian has revised downwards its full-year operating profit forecast, to NKr2.1-2.6 billion ($199-246 million) – including the contribution from newly-acquired regional operator Wideroe.
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NewsSouthwest board adopts rights plan to counter activist investors
Southwest Airlines’ board of directors has adopted a rights plan aimed at fending off activist shareholders gaining control of the company.