Air Transport

ITA Airways has operated as Italy’s national airline since 2021. Can it succeed as part of a larger group?

With the recent EU approval of Lufthansa’s purchase of 41% of ITA, Flight Friday looks at the flight hours of the "flag carriers" within the Lufthansa group.

Scandinavian Airlines (SAS) has signed a codeshare partnership with Air France-KLM as it begins to realign its network with its new SkyTeam partners.

Delta Air Lines confirms some of its Airbus deliveries may slip in 2024, while it continues to expect no Boeing deliveries “over the next handful of years.”

FRANKFURT AIRPORT handled 5.6m pax in June, up 1.4% vs June 2023.

FRONTIER AIRLINES sold A321neo (12050) with GTFs to Fuyo General Lease for leaseback; ALM will manage.

CENTRAL AIRLINES, China was selected by DHL Express to operate two 777Fs on CMI basis.

AIR FRANCE-KLM and SAS signed codeshare and interline agreements to start Sept 1 when SAS officially joins SkyTeam alliance.

AIRCASTLE had $16.1m net income on $205.2m revenues in first quarter ended May 31 vs $22.8m on $218.5m a year ago and ended quarter with 259 owned/managed aircraft (212 unencumbered) vs 253 a year ago. It has $2.6b of liquidity.

DELTA AIR LINES had $1.3b net profit on $16.7b revenues in 2Q24 vs $1.8b on $15.8b in 2Q23. It has $19.2b debt.

BOC AVIATION closed self-arranged club loan transaction with 25 banks globally totaling US$2.3b.

LONDON HEATHROW handled 7.4m pax in June, up 5.6% vs June 2023.

Landing gear specialist Héroux-Devtek of Quebec, Canada, has agreed to be acquired and taken private by a U.S. private equity firm for about $1.35 billion.

Ukraine’s airports are seeking financial support from the European Union (EU) and others as the country looks to partially re-open airspace.

The demise of Universal Hydrogen is forcing French regional carrier Amelia to revise its plans for cutting its environmental footprint.

London Heathrow Airport will be forced to reduce the landing fees it charges airlines following a ruling by the UK’s Civil Aviation Authority.

Vietjet says it plans to set up an MRO facility in Laos, supported by Vietjet Aviation Academy, estimating its operation in Laos can generate 2,500 new jobs.

Boeing is adding requirements for moving aircraft down production lines and new traveled work protocols.

The upcoming season will see Air France expand its network, UK-based easyJet launch flights to West Africa and Norway-based Norse diversify its service.

Lufthansa Cargo is boosting its Chinese network, serving two additional destinations, Shenzhen and Zhengzhou, from Frankfurt.

Jet2.com has exercised the purchase rights for 36 Airbus A321neos, which will take its future A321neo fleet to 146.

Conferences and events for professionals in the aviation community.

Lufthansa Airlines is introducing more cost-cutting measures as it suffers from escalating costs at a time when yields have come under increased pressure.

DHL Express and Central Airlines have revealed plans for the Chinese freight airline to operate two Boeing 777Fs on behalf of DHL on routes to and from China.

GOL has failed to start the process of considering its Chapter 11 exit financing proposals, after previously stating the evaluations would start in early June.