China Southern first among ‘Big Three’ to return to profitability since pandemic began

China Southern Airlines became the first of China’s three largest carriers to report a quarterly operating profit since the coronavirus outbreak began, breaking its loss-making streak in the first half of the year.  Its compatriots Air China and China Eastern Airlines, while still in the red for the three months ended 30 September, managed to […]

El Al chief Usishkin to step down in January

Israeli flag-carrier El Al’s chief executive, Gonen Usishkin, is to step down from his position in January next year, three months after a board shake-up by the airline’s new controlling shareholder. Usishkin was named as the airline’s head in early 2018. He oversaw the transformation of El Al’s fleet, as it withdrew its Boeing 747-400s […]

‘Debates remain’ with government on bailout deal: KLM chief

KLM chief executive Pieter Elbers says the carrier is continuing discussions with the Dutch government over the approval of its bailout deal, amid reports that the airline’s proposals have been rejected. KLM chief executive Pieter Elbers insists the carrier is continuing discussions with the Dutch government over the approval of its bailout deal, amid reports that the airline’s proposals have been […]

Textron Aviation posts Q3 loss but aims to turn profitable in Q4

Textron Aviation lost $29 million in the third-quarter, but executives predict the aircraft manufacturer will regain profitability in the final quarter of 2020. Textron Aviation lost $29 million in the third-quarter, but executives predict the aircraft manufacturer will regain profitability in the final quarter of 2020. “Given the backlog that we’ve seen, and deliveries that […]

Hawaiian posts $97m Q3 loss, details 787 delivery delays

Hawaiian Airlines posted a $97 million loss in the third quarter, as the state’s coronavirus-driven quarantine requirements hampered air travel demand – and the airline’s recovery. Hawaiian Airlines posted a $97 million loss in the third quarter as the state’s coronavirus-driven quarantine requirements hampered air travel demand – and the airline’s recovery. The Honolulu-based carrier on […]

First A321P2F enters service with Qantas

The first Airbus A321P2F converted freighter has entered service with launch customer Qantas, which will operate it under a partnership with Australia Post. Qantas will take up to three A321P2Fs, which it notes offers an additional 9t payload over the Boeing 737-300Fs it uses on domestic freight services. Source: ST Engineering The first Airbus A321P2F […]