All News articles – Page 473
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News
IAG keen to add widebody aircraft in 2022 amid transatlantic and Latin America recoveries
British Airways and Iberia owner IAG is planning to add 15 widebody aircraft to its fleet in 2022 following a lull in deliveries last year, as it seeks to meet recovering long-haul travel demand.
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EU to prohibit sales of aircraft and spares to Russian carriers
Russian airlines will be prohibited from acquiring aircraft, spares and equipment under a sanctions initiative to be imposed by the European Commission. Commission president Ursula von der Leyen outlined the measures on 25 February, following a special meeting of the European Council. She says the Commission will “ban the sale ...
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Batch of remedial TAP slots at Lisbon formally offered to other airlines
Portuguese carrier TAP is offering a batch of slots at Lisbon airport to other airlines as part of financial restructuring measures agreed with the European Commission. The slots are the subject of a new request for proposals from a Commission monitoring trustee, which is offering up to 18 daily slots ...
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Air Europa talking to ‘other European carriers’ about tie-up: IAG chief
Spanish carrier Air Europa is talking to other European carriers about a potential tie-up, according to the chief executive of suitor IAG.
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BA cancels Moscow flights and re-routes Singapore and Delhi services around Russian airspace
British Airways has cancelled its Moscow flight and will reroute its Asia services to avoid Russian airspace, as the impact of Russia’s invasion of Ukraine reverberates through the airline industry.
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Russian air transport authority retaliates with ‘mirror’ ban on UK flights
Russian authorities have imposed an airspace ban on UK-operated aircraft, including transit flights, following the UK government’s prohibition on Russian carriers in response to military action in Ukraine. The ban on aircraft owned, leased or operated by UK entities took effect at 11:00 Moscow time on 25 February. Russian federal ...
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Bangkok Airways sees revenues dive in dismal 2021
Bangkok Airways suffered more losses in 2021, as the coronavirus impact continued to depress Thailand’s tourism market.
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IAG reports ‘strong recovery’ as it forecasts full-year capacity at 85% of 2019
British Airways and Iberia owner IAG expects to operate 85% of 2019 capacity this year, as it reports improving financial performances across its airlines.
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CMA CGM seeks to open transatlantic freighter services to US cities
French logistics firm CMA CGM’s new air cargo operation is seeking authorisation to open transatlantic services to US destinations early this year. The company disclosed a year ago that it was establishing its own air freight division, CMA CGM Air Cargo, and has since recruited Air Belgium to operate Airbus ...
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HAECO wins blessings for A320 landing gear overhauls
HAECO Landing Gear Services has secured approvals for Airbus A320 landing gear overhauls from three regulators.
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ST Engineering aerospace unit sees 6% revenue growth in 2021
ST Engineering saw revenues increase at its Commercial Aerospace business during its 2021 financial year, with the aerostructures & systems business offsetting weaker MRO revenue.
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Australia’s Rex sees revenue decline, swings to pre-tax loss
Australian carrier Regional Express (Rex) swung to pre-tax loss in the first half of its 2022 financial year, as revenue also declined.
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South Korea’s T’way joins widebody club with A330 arrival
South Korean low-cost carrier T’way Air has introduced its first Airbus A330-300, adding to its fleet 27 Boeing 737-800s.
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Mexico’s Volaris credits Q4 revenue rise to ‘disciplined growth’
Volaris says its ”disciplined growth strategy” through the changing demand environment during the fourth quarter helped it achieve a 43% rise in total revenue over the same period in pre-pandemic 2019.
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FAA bans US aviation interests from flying over Ukraine, Belarus and western Russia
The Federal Aviation Administration has banned US aviation interests from flying over Ukraine, Belarus and parts of western Russia after Russia invaded Ukraine in an attack overnight.
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Alex Cruz joins WestJet’s board of directors
Canada’s WestJet has appointed ex-British Airways chief executive Alex Cruz to its board of directors.
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Azul posts record Q4 revenue on domestic recovery and cargo boom
Brazil’s Azul achieved record revenue during the fourth quarter of 2021 as it continued to build out its domestic passenger and cargo operations.
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UK bans Aeroflot as part of sanctions response to Ukraine invasion
Russian carrier Aeroflot has been banned from UK airpace as part of measures disclosed by the country’s prime minister Boris Johnson today in response to the invasion in Ukraine.
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Kuwait Airways turns to A330-900 in fleet rejig
Kuwait Airways has rejigged its aircraft orders with Airbus, including a notable switch to the A330-900, to match more closely its development plans over the next few years. The carrier will also take a batch of A321neos including long-range versions of the twinjet. Kuwait Airways had eight A330-800s on order ...
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Serbia signs deal to replace aged An-26 with C295 transports
Serbia has ordered a pair of Airbus Defence & Space C295 medium transports, with the twin-turboprops to be delivered from late next year.