Airlines
20,295 news found
AirlinesAsiana Airlines: 3 years to restructure the carrier
A € 390 million loan is requested
If Asiana Airlines will fail to complete its restructuring plan over the next three years, which would allow it to return to positive operations, the main shareholder of the carrier -Kumho Asiana Group-... more
AirlinesRolls-Royce: new inspections on all Trent 1000 TEN engines
An improved version should be presented by 2020
After Singapore Airlines grounded two Boeing B-787/10 Dreamliner aircraft powered by Rolls-Royce Trent 1000 TEN engines, on which it was verified that the turbine blades were consuming faster than expected,... more
AirlinesEtihad Airways: Dreamliner plane on the Abu Dhabi-Milan route
It will replace the obsolete A-330s used so far
Short from the world. Etihad Airways will introduce the B-787/9 Dreamliner aircraft to operate flights between Abu Dhabi and Milan starting from next September 1, 2019. The new planes will replace the... more
AirlinesEtihad: seeks lenders for 600 million dollars
Required annual loans to pay for ordered aircraft
Etihad Airways is trying to find a loan of around 600 million dollars to allow the management to proceed with the payment of the ordered aircraft, and to do this -according to the local press- it would... more
AirlinesJet Airways: 2 days to submit offers for the majority
Does the Delhi government study Plan B?
The future of Jet Airways will be decided by April 10, the deadline set by the State Bank of India (SBI) to present initial offers to take 75% of the airline's shares in poor financial conditions. The... more
AirlinesKorean Air: the president and CEO Cho Yang-ho passed away
Two weeks ago he was disheartened by the board of directors
After a long lung disease, the owner, president and CEO of Korean Air Cho Yang-ho passed away today, after a few weeks of struggles with the shareholders who had managed to end his mandate on the board... more
AirlinesTap Air Portugal receives the first A-321LR aircraft
The aircraft will be operated on the Lisbon-Tel Aviv route
Lisbon-based TAP Air Portugal has taken delivery of its first of twelve A-321LRs on order, becoming one of the first airlines to operate a combined A-330neo and A-321LR fleet. The A-321LR is the large... more
AirlinesEthiopian Airlines: declarations concerning aircraft accident report
The carrier takes note of the preliminary report and appreciates the investigative team's work
Ethiopian Airlines Aviation Group would like to acknowledge the preliminary report of the accident of ET302/10 March, 2019 and would like to appreciate the hard work of the investigation team.The preliminary... more
AirlinesAlitalia: most punctual airline in the world in March
According to FlightStats certified data
In March 2019, Alitalia has confirmed itself as the most punctual airline in the world with 89.31 per cent of flights landed on schedule. The Italian carrier is at the top of the ranking even considering... more
AirlinesAvianca Brasil will be divided into seven parts that will be sold at auction
Offers will come from LATAM and GOL
The bankrupt airline Avianca Brasil will be divided into seven parts that will be sold separately at auction. Regional rivals LATAM Airlines and GOL Linhas Aereas Intelligentes announced yesterday that... more
AirlinesJet Airways: operating only less than 30 aircraft
The debts with the leasing companies are still not paid
The number of Jet Airways aircraft landed by leasing companies continues to increase and of the 119 fleets in the fleet only 26-28 are usable. 69 were stopped due to delays in payment of installments to... more
AirlinesNorwegian Air. Kjos: "Positive meeting with Boeing for B-737 MAX aircraft"
No mention of discussions about compensation
The meeting between Norwegian Air's CEO Bjørn Kjos and the executives of the aerospace company Boeing would have been positive because it would have been clarified most of the nodes on the B-737 MAX grounded... more
AirlinesAirbus: Chinese order for 300 aircraft brings together various agreements
Move to reduce trade surplus?
The order for 300 Airbus planes signed by France and China during the visit of Xi Jinping to Paris would be -according to some rumors reported by the press- in reality decidedly more limited, since other... more
AirlinesSingapore Airlines: 2 B-787/10 aircraft grounded
Another problem with the Rolls-Royce Trent 1000 engine blades
Two of the 8 Boeing B-787/10 Dreamliner aircraft in the Singapore Airlines fleet, powered by the Rolls-Royce Trent 1000 TEN engine, were grounded by the carrier because it was detected an early deterioration... more
AirlinesBritish Airways: increases the risk of strikes
The unions reject the latest proposal for an agreement
The main carrier of the IAG Group, namely British Airways, risks to entrance in a long and complicated trade union dispute that could lead to a series of strikes. The idea of the workers (pilots, on-board... more
AirlinesJet Airways: will be paid only salaries of December
Still cash flow problems for the carrier
Despite the rescue by the State Bank of India (SBI) of Jet Airways will only be able to pay December salaries to pilots and maintenance technicians, while the balance of the most recent ones will be postponed... more
AirlinesNorwegian Air: Fiumicino airport hub permanently closed
Steps towards the restructuring of the low-cost
With the IBK8810 and IBK8812 flights, operated yesterday, the experience of the Norwegian Air hub at the Rome-Fiumicino airport was concluded, because the two Boeing B-737/800 aircraft were transferred... more
AirlinesJet Airways: temporary rescue that does not give certainty about the future
It necessary to find a potential investor
The rescue of Jet Airways last Monday from the State Bank of India (SBI) could have only a temporary effect, because the future of the airline is closely linked to the individualization of a new investor... more
AirlinesAsiana Airlines: concrete doubts about the real financial stability
One of the two CEO resigned
The co-CEO of Asiana Airlines -also president of the Kumho Industrial Group which controls the carrier- Park Sam-koo has resigned following the decision of an independent advisor to not sign the 2018 budget,... more
AirlinesWow Air: new failure for an European carrier
Flight operations ended today
The restructuring and rescue plan for Wow Air was a failure: this morning, with a notice on the site, the company announced that it had ceased all flight operations, also cancelling all the flights scheduled... more
AirlinesJet Airways: declaration on its situation
The flights operated as scheduled and those cancelled
Jet Airways intends to specify in a note that "it wishes to clarify and assure its passengers that flights from Amsterdam and Paris continue to operate as scheduled. In partnership with Air France/KLM,... more
AirlinesEthiopian Airlines "is the new spirit of Africa"
The press release signed by the CEO of the Group
We receive and publish the press release signed by Tewolde Gebre Mariam, Group CEO, Ethiopian Airlines, on the situation following the plane crash."It has been more than two weeks since the tragic crash... more
AirlinesAsiana Airlines: the economic situation of the carrier worsens
Profits decreased and net loss increased in 2018
After one of the independent auditors had not signed the Asiana Airlines 2018 budget, the same South Korean carrier revised its accounts and explained that the annual loss for the past year has increased... more
AirlinesJet Airways: the solution for the carrier within this week
The president and founder should resign from any office
Jet Airways president and founder Naresh Goyal should resign from his office in these days and also leave the airline's Board of Directors to try to pave the way for a bailout by the State-owned State... more
AirlinesAsiana Airlines: 2018 budget not signed by one of the auditors
It could open up scenarios of uncertainty for the carrier
The second South Korean carrier for the number of passengers carried, Asiana Airlines, explained that one of the independent auditors (Asiana Samil PwC) did not sign the 2018 financial statements due to... more
AirlinesB-737 MAX 8: Garuda in negotiations with Boeing to cancel the order
It would be practically impossible for several reasons
Garuda Indonesia -according to the US press- wrote to Boeing to explaine the willingness to cancel the order made for 49 B-737 MAX 8 worth $ 4.9 billion. Of these, only one was delivered by the aerospace... more
AirlinesAlitalia: partners are sought for 45% of shares
Losses in 2018 would have been limited, but EBIT still negative by 400 million
If Delta Air Lines' willingness to take 10% of the shares of the Alitalia carrier is confirmed, Ferrovie dello Stato and the Government will need to find other partners who can acquire the remaining 45%... more
AirlinesAlitalia. China Eastern the possibile new shareholder name
Delta's CEO would be in Beijing to try to involve the carrier
There is a new name for the possible future composition of the Alitalia shareholder, because -according to "La Stampa"- the Chief Executive Officer (CEO) of Delta Air Lines Ed Bastian in these days should... more
AirlinesANA receives first A-380 airplane
Ceremony held in Toulouse
All Nippon Airways (ANA) has received the first of its three A-380 aircraft. The airline and Airbus held a ceremony in Toulouse, France to mark the handover of the plane as well as acknowledge the importance... more
AirlinesJet Airways: criticism to the Government for the use of public money
The State bank opens a bailout plan
"Bankruptcy is the last of the options on the table for Jet Airways". So this morning the president of the State Bank of India (SBI) Rajnish Kumar speaking to the press, with which he also specified that... more
AirlinesAircraft. Malaysia Airlines receives expressions of interest
The premier ensures that "the government will evaluate every proposal"
The Malaysian government -according to what Prime Minister Mahathir Mohamad declared- received several expressions of interest for the acquisition of Malaysia Airlines, after the same executive representative... more
AirlinesNorwegian Air Shuttle ASA: Bjorn Halvor Kise leaves the carrier
Chairman of the Board resigns following AGM in May
Bjørn H. Kise has notified the election committee that he will resign as Chairman of the Board of Norwegian Air Shuttle ASA following the Annual General Meeting (AGM) on May 7, 2019. The Election Committee... more
AirlinesAvianca Brasil: 10 airplanes grounded for missed payments
Decision of the court of appeal of San Paolo
The São Paulo Court of Appeal revoked the order that allowed Avianca Brasil to continue to use 10 of its aircraft for which it had been requested to be grounded by the proprietary companies, due to the... more
AirlinesJet Airways: emergency meeting today to try to resolve the issue
It is bankruptcy approaching?
After yesterday the grounding of an additional 4 Jet Airways aircraft was announced due to the non-payment of the leasing installments and following the statements of President Naresh Goyal who asked the... more
AirlineseasyJet on Alitalia: we withdraw from the process
The carrier remained committed to Italy as its key market
"Following discussions with Ferrovie dello Stato Italiane and Delta Air Lines about forming a consortium to explore options for the future operations of Alitalia, easyJet has taken the decision to withdraw... more
AirlinesAlitalia (2): the solution goes away again
EasyJet renounces; Delta is cold
Contrary to the rumors made today, according to which the solution to the "problem" Alitalia would be imminent, the fate of the Italian airline remains suspended by an increasingly thin thread. Delta declared... more
AirlinesDelta on Alitalia: we continue to explore ways with Ferrovie dello Stato
The short note issued by the carrier
Delta Air Line in a short note in these hours confirms that it continues "to explore ways to work with Ferrovie dello Stato" in order to "maintain our partnership with Alitalia in the future. Discussions... more
AirlinesCorsair: TUI will sell 53% to Intro Aviation
Carrier will be upgraded and re-launched
After several months of negotiations (see AVIONEWS) the TUI Group sold 53% of the shares of the Corsair carrier to the German company Intro Aviation, which is planning a series of investments to modernize... more
AirlinesJet Airways: 4 more grounded aircraft
Will a solution be found by the end of the week?
The number of the planes grounded by leasing companies of Jet Airways continues to grow because another 4 aircraft were forcibly stopped after the Indian company announced a new delay in paying back installments.... more
AirlinesAlitalia: Delta will initially have 10% of the shares
Fincantieri could also be included in the shareholding structure
What is going to be outlined is the business plan of the new Alitalia, which will see the US air carrier Delta participate with about 10% of shares which can rise up to 40% over the years, replicating... more
AirlinesAlitalia: in February strong growth in long-haul passenger number and cargo revenues
It was the 15th consecutive month of passenger revenues increase
Alitalia's long-haul passenger traffic and cargo revenues reported strong growth in February 2019. In the second month of this year, the Italian carrier recorded a 2.7% increase in the number of passengers... more
AirlinesJet Airways: did you cancel leasing contracts for 5 planes?
The airline's situation continues to worsen
Increasingly agitated the waters for the carrier Jet Airways because it seems that 2 rental companies, after asking to stop their aircraft, have started the procedures to terminate contracts due to the... more
AirlinesLufthansa Group: results for 2018
And forecast for 2019 -ATTACHMENT
Lufthansa Group unveiled the results for 2018 and the forecast for 2019.The highlights are:Results for 2018:Adjusted EBIT of EUR 2.8 billionHigher fuel costs, one-off costs from the integration of parts... more
AirlinesAlitalia: Battisti's 3 days in the United States start today
With Bastian they will try to solve the easyJet node
This morning the managing director of Ferrovie dello Stato, Gianfranco Battisti, will leave for the United States where he will meet Delta's counterpart Ed Bastian in an attempt to push forward the talks... more
AirlinesLufthansa Group orders 40 long-haul aircraft
Between B-787/9 and A-350/900; sale of six A-380 planes in 2022/2023
Lufthansa Group is consistently forging ahead with the modernization of its long-haul fleet. In today’s meeting, based on the recommendation of the Executive Board, the Supervisory Board approved the p... more
AirlinesNorwegian Air. "We will ask Boeing for damages"
Decision that does not hide the low-cost financial problems
The main European airline user of the Boeing B-737 MAX 8, or Norwegian Air, could claim damages from the US company since the alleged technical problem will bring many economic losses for the low-cost.... more
AirlinesAir Italy: three non-operational planes from tonight
In accordance with the directive issued by ENAC
As an airline, the safety and security of our passengers and crew is always our first and key priority. With regard to the B-737 Max 8, all three of its Max 8 aircraft are being grounded in compliance... more
AirlinesNorwegian temporarily suspends flights with B-737 Max airplane
Following to the decision by the European aviation authorities
Following to the decision of the competent aeronautical regulatory bodies to temporarily suspend flights with B-737 MAX airplane, Norwegian will not operate any flight with this type of aircraft until... more
AirlinesRyanair. O'Leary: "Full confidence in the B-737 MAX 200 aircraft"
Aircraft will be delivered to the Irish low-cost in April
The Ethiopian Airlines Boeing B-737 MAX 8 aircraft crash will not change Ryanair's acquisition plans for the MAX 200 version of the new-generation twin-engine plane produced by the US company. To exclude... more
AirlinesMalaysia Airlines: in the future sale or bankruptcy for the carrier
Government to the study of every possibility
The Malaysian government is evaluating the future of Malaysia Airlines, reasoning -Prime Minister Mahathir Mohamad said to the press today- whether to close it, refinance it or sell it to potential private... more