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Southwest Airlines first-quarter profit hit by 737 MAX grounding

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April 25, 2019 Southwest Airlines Co reported a 16 percent drop in quarterly profit on Thursday, saying a U.S. government shutdown, maintenance disruptions and the grounding of its Boeing 737 MAX jets knocked $150 million off its bottom line. Dallas, Texas-based Southwest, the world’s largest MAX operator with 34 jets in its fleet and dozens […]

Italian government may invest around 145 mln euros in Alitalia equity

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April 24, 2019 The Italian government could invest around 145 million euros ($163 million) in equity in any vehicle set up to rescue loss-making airline Alitalia, a government source told Reuters on Wednesday. The potential investment is envisaged under a government decree to boost economic growth. A final decision on state investment has yet to […]

Cargolux profits grow despite weaker global demand

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April 24, 2019 Cargolux Airlines International has managed to increase post-tax profits for the second year running despite a backdrop of global softening in market demand. Net profit after tax reached $211.2 million in 2018, up from $122.3 million in 2017 despite demand falling in the second half of 2018, a shorter peak period compared […]

Ethiopian Airlines adds new route to Marseille

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April 23, 2019 Ethiopian Airlines says it has finalized all preparations to launch a thrice weekly flight to Marseille, France from 2 July, 2019. Group chief executive officer, Tewolde GebreMariam said: “It gives us great pleasure to launch flights to Marseille, connecting France’s second largest city to the over 60 African destinations we serve, through […]

Hainan Airlines launches new Beijing-Oslo route

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April 23, 2019 Chinese carrier Hainan Airlines plans to launch a new route between Beijing and Oslo on 15 May. This will be the first connection between mainland China and Norway as well as the airline’s first non-stop Nordic service. The Beijing-Oslo route, with three round trip flights weekly on Mondays, Wednesdays and Fridays, will […]

Vietnam Airlines revenue and profit increases in Q1

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April 23, 2019 Vietnam Airlines Group has reported a consolidated revenue increase of 4.3 per cent compared to the same period last year – pocketing VND 26 trillion (US$1.1 billion) and consolidated profit before tax of VND 1.5 trillion – achieving 45 per cent of the yearly plan. Vietnam Airlines’ revenue was estimated at VND […]

ACE Belgium Freighters is ready for take-off

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April 23, 2019 ACE Belgium Freighters has received its Air Operator’s Certificate as it gets ready to operate scheduled and charter services from Liege Airport. The airline received the certificate on 18 April from the Belgian Civil Aviation Authority and will start commercial cargo operations with scheduled flights to New York JFK and plans to […]

Jet Airways extends suspension of international flights

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April 16, 2019 Struggling Jet Airways has extended its suspension of international services to Thursday (18 April) from the previous 15 April it had set as the future of the airline remains precarious. There is now reportedly concerns around an interim debt facility and potential bidders for a controlling stake in the carrier. The Indian […]

United Airlines applies to start new New York-Cape Town route

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April 16, 2019 United Airlines has applied to the U.S. Department of Transportation for authority to begin a new service between New York/Newark Liberty International Airport and Cape Town International Airport. United said it plans to operate non-stop three-times weekly flights to Cape Town starting in December 2019. If approved, United’s service between New York/Newark […]

Atran Airlines connects Xi’an with Moscow

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April 16, 2019 Volga-Dnepr Group’s express carrier Atran Airlines has linked Xi’an, China with Moscow, Russia, connecting Chinese retailers with Russian consumers. The first flight was operated by a Boeing 737-400SF with further plans to deploy a Boeing 737-800BCF with up to 23 tonnes of cargo capacity per flight on the route. The flight was […]