News from FlightGlobal – Page 98
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NewsPlay names former Bluebird Nordic executive as finance chief
Icelandic budget carrier Play has named Ruta Dabasinskaite-Vitke as its new chief financial officer, succeeding Olafur Thor Johannesson.
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NewsWizz reshuffles leadership team as Carey departs
Wizz Air has promoted Michael Delahant to senior chief commercial and operations officer after announcing that its president Robert Carey is leaving the airline to pursue other interests.
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NewsLufthansa aims to close ITA deal in fourth quarter
Lufthansa Group expects to close its deal to acquire a 41% stake in ITA Airways in the fourth quarter after securing conditional European Commission clearance for the transaction.
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NewsLufthansa secures conditional regulatory clearance for ITA deal
Lufthansa Group has secured approval from the European Commission for its proposed progressive acquisition of ITA Airways after agreeing concessions to satisfy the regulator’s competition concerns over the tie-up.
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NewsTarom to lease pair of Max 8s from CDB Aviation
Romanian carrier Tarom has agreed to lease a pair of Boeing 737 Max 8s from Irish lessor CDB Aviation, with the initial aircraft to arrive in late 2025.
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NewsAmerican Airlines deepens backing for ZeroAvia
American Airlines has placed a conditional order for up to 100 units of ZeroAvia’s ZA2000RJ hydrogen fuel cell powertrain, while also deepening its investment in the advanced propulsion developer through participation in the company’s Series C fundraising round.
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NewsAir Canada to lease eight more Boeing 737 Max 8s
Air Canada is set to lease eight more Boeing 737 Max 8 aircraft from lessor BOC Aviation.
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NewsFormer Avianca fleet director to head start-up Avion Express Brasil
Wet-lease specialist Avia Solutions Group has appointed a chief executive for its Latin American start-up Avion Express Brasil.
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NewsTurkish Airlines orders four more Boeing 777 freighters
Turkish Airlines has ordered four more Boeing 777 freighters, taking to a dozen its firm commitments for the type.
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NewsTime called on Bonza as liquidators appointed
Grounded Australian carrier Bonza Aviation has formally entered liquidation following a second creditors meeting on 2 July at which liquidators were appointed.
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NewsCebu Pacific picks Airbus for up to 152 new narrowbodies
Cebu Pacific has selected Airbus to supply its new narrowbody aircraft, signing a memorandum of understanding for the purchase of up to 152 A321neos.
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NewsQatar Airways Group generates strong full-year net profit
Qatar Airways Group has turned in a full-year net profit of QR6.1 billion ($1.7 billion), up nearly 40%, on revenues of QR81 billion. It states that the figures amount to a record full-year performance for the company. The Doha-based airline says passenger numbers increased more than a quarter to over ...
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NewsStrategic tie-up failure and softer market put pressure on Norse Atlantic
Long-haul budget carrier Norse Atlantic Airways admits the recent failure of strategic investment talks with a potential partner has contributed to pressure on near-term liquidity. The airline says the situation has been aggravated by “softening” market conditions and lower fares, affecting revenues. It adds that it is experiencing a “tail-heavy” ...
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NewsIAG starts another round of share buy-backs to support Air Europa acquisition
British Airways and Iberia parent IAG is pursuing another share buy-back programme intended to support its proposed acquisition of Spanish operator Air Europa.
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NewsSpirit Airlines adds Fred Cromer as chief financial officer
US ultra-low-cost carrier Spirit Airlines has named Fred Cromer as its chief financial officer, tasking him with helping the company chart a profitable course forward.
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NewsNew Pacific Airways chief executive Rob McKinney abruptly leaves post
Rob McKinney, chief executive of Alaskan regional airline Ravn Alaska and floundering start-up carrier New Pacific Airways, has left the group effective immediately.
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NewsAir France-KLM flags summer bookings hit from Paris Olympics
Air France-KLM has warned that travellers avoiding Paris due to the forthcoming Olympic Games could cause a revenue hit of up to €180 million ($193 million) at its French operations.
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NewsAir India to set up pilot training school in Amravati
Air India plans to set up a pilot training school with the aim of graduating 180 commercial pilots annually.
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NewsEmirates unveils initial routes for refurbished 777-300ERs
Middle Eastern carrier Emirates has unveiled initial destinations to which it will deploy Boeing 777-300ERs with refurbished interior. The first aircraft – out of 81 of the type to be refreshed – is undergoing the modification from 1 July. Emirates says it will offer the upgraded cabin initially on services ...
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NewsWestJet maintenance workers withdraw strike action
WestJet’s mechanics and technical employees have agreed to withdraw strike action and return to work while their union, the Aircraft Mechanics Fraternal Association (AMFA), negotiates a new contract with the company.