All articles by Pilar Wolfsteller – Page 28
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Boeing will resume 787 deliveries ‘in the coming days’: FAA
Boeing will resume deliveries of its beleaguered 787 Dreamliner “in the coming days”, according to the FAA.
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Swiss to wet-lease up to six Airbus A220s from Air Baltic
Swiss will lease as many as six Airbus A220-300 aircraft from Air Baltic in order to “stabilise its schedules” in the coming months.
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Eve posts Q2 loss of $11.8m in first earnings report since going public
Eve, the Embraer-backed electric vertical take-off and landing (eVTOL) aircraft developer, reported a loss of $11.8 million during the first quarter as it ramps up research and development, sales, marketing and staffing.
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Canada Jetlines delays first revenue flights to 29 August
Start-up leisure carrier Canada Jetlines has pushed back its launch date less than two weeks before it was due to operate its inaugural flight.
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Atlas Q2 revenue climbs to $1.2b due to greater cargo demand
Atlas Air Worldwide Holdings, the parent of cargo and passenger carrier Atlas Air, profited from greater cargo volumes amid restricted capacity in the second quarter of 2022.
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Apollo-led investor group to acquire Atlas Air Worldwide for $5.2bn
US freight and passenger carrier Atlas Air Worldwide Holdings has agreed to be acquired by an investor group led by Apollo Global Management in an all-cash deal worth $5.2 billion.
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Allegiant posts higher Q2 revenue as costs also soar
Allegiant Travel Company, the parent of low-cost carrier Allegiant Air posted higher revenue and a small profit during the second three months of 2022 as expenses climbed.
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Copa Airlines boosts second-quarter revenue to $693m
Panama-based Copa Holdings, the parent of Copa Airlines, reported higher second-quarter profit and revenue amid a difficult operating environment.
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US DOT proposes new customer protections for air travellers
The US Department of Transportation (DOT) is proposing strong new consumer protections for airline customers travelling with both domestic and foreign carriers on scheduled service from, to or within the USA.
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American Airlines teams up with ZeroAvia to develop regional jet engine
American Airlines and zero-emissions propulsion specialist ZeroAvia have teamed up on a project to develop an engine for regional jet aircraft.
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JetBlue Q2 revenue and costs rise, plans to integrate Spirit underway
JetBlue Airways boosted revenue in the second quarter of 2022 and has begun making preparations to swallow its newest prize, ultra-low-cost carrier Spirit Airlines.
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Air Canada Q2 revenue surges as it experiences rapid ramp-up
Air Canada slashed its quarterly loss as travel demand soared, and the company experienced “one of the steepest ramp-ups compared to any other airline in the western world”.
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Transat secures up to C$150m more federal financial aid
Transat AT, the parent of Canadian leisure airline Air Transat, has secured an additional payroll loan worth up to C$150 million ($117 million) from the Canadian federal government.
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SkyWest Charter hopes to launch on-demand flights ‘shortly’
SkyWest Airlines hopes to launch its SkyWest Charter subsidiary “shortly”, a move the airline says will enable it to serve secondary cities with on-demand charters.
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SkyWest Q2 revenue jumps 22% as it adds 43 aircraft
SkyWest Airlines’ second-quarter revenue surged 22% year-on-year after it added almost four dozen aircraft to its fleet.
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Southwest benefits from surge in demand for discount travel
Southwest Airlines notched record revenue and profit during the second quarter as demand for discount travel surged.
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Gol triples Q2 revenue as corporate travellers return
Corporate travellers returning to air transport in greater numbers and expansion of regional markets helped support Brazilian airline Gol’s jump in total revenue during the second quarter of 2022.
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Increasing demand for discount travel boosts Frontier’s Q2 earnings
Frontier Group posted record revenue growth during the second quarter as demand for discount travel booms.
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Honeywell to supply actuation and cabin cooling technology to Archer’s air taxi
Honeywell Aerospace and Archer Aviation have agreed to collaborate on flight-control actuation and thermal-management technologies for Archer’s in-development electric vertical take-off and landing (eVTOL) air taxi.
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Frontier Airlines ‘disappointed’ at collapse of Spirit deal
Frontier Airlines is “disappointed” after ultra-low-cost peer Spirit Airlines decided to terminate a potential tie-up earlier in the day.