All Air Transport articles – Page 337
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NewsFastjet seeks stock market delisting in bid to maintain crucial funding
African operator Fastjet Group is planning to delist from the stock market and register as a private company, as a condition of securing further support from key shareholder Solenta Aviation Holdings. Fastjet is listed on London’s Alternative Investment Market. But it says there is “considerable” cost and time involved in ...
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NewsRecovering Ryanair could have 40 737 Max jets by summer 2021
Budget carrier Ryanair hopes to introduce its first Boeing 737 Max this year and up to 40 of the type ahead of the 2021 summer season. But the airline warns that the financial year will be “very challenging” after it turned in a first-quarter net loss of €185 million ($217 ...
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NewsEl Al seeks approval to raise capital as pilots object to cost-saving pact
El Al has called a shareholders’ meeting for 18 August in order to seek approval to raise the company’s registered share capital. The Israeli flag-carrier is planning to raise $400 million through a $150 million share issue and a state-backed staggered $250 million loan. El Al says that, in order ...
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NewsSmartwings 737 inquiry recommends psychological appraisal of captain
Czech investigators probing the incident in which a Boeing 737-800 proceeded to its destination without diverting, despite suffering engine failure early in the flight, have recommended that its captain should undergo psychological assessment. Investigation authority UZPLN says the unusual recommendation for a psychological examination at the Czech Institute of Aviation ...
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NewsSmartwings 737 captain 'hid' engine failure to continue flight to Prague
Czech investigators have revealed that a Boeing 737-800 captain misled air traffic control over a serious engine failure and ignored the first officer’s urging a diversion, in order to press on to Prague, the flight’s original destination. Investigation authority UZPLN states that the captain’s poor decision-making – disregarding several crucial ...
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NewsCorrosion can prompt 737NG in-flight engine shutdowns following storage: FAA
Storage can cause 737NG engine valves to corrode, potentially leading to inflight loss of power or engine shutdowns, the US Federal Aviation Administration warns.
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NewsAnalysts question if demand supports Boeing’s 2021 Max production plan
Boeing has said it will increase Max production to 31 jets monthly in 2021. But two analysts call that rate too high, saying market demand supports a rate closer to 20 Max monthly.
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OpinionFIA Connect was innovative move, but real air show is missed
Although virtual Farnborough event brought industry together, summer is not the same without seeing old friends and new aircraft up close
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OpinionBidding goodbye to BA’s ‘Queen of the Skies’
While BA’s move to retire its fleet of 747s because of coronavirus makes perfect sense, the business of aviation runs on romance as well as jet fuel
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NewsFinnair expects to restore 50% of flights by September
Finnair is expecting to rebuild its services over the third quarter, operating around 50% of its pre-crisis flight capacity by September, up from the figure of 25% in July. It aims to carry out 120 daily flights in August and increase this to 190 in September. The airline turned in ...
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NewsPanel calls for aviation to focus on diversity amid pandemic crisis
Despite the industry upheaval and challenges caused by the coronavirus outbreak, aviation and aerospace companies should not lose sight of diversity and inclusion. Jacqui Sutton, co-chair of the Women in Aviation and Aerospace Charter - which organised a wide-ranging panel discussion as part of FIA Connect - says gender ...
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NewsCharter carrier Jet Time collapses but owner plots Nordic successor
Danish charter carrier Jet Time is filing for bankruptcy, the latest air transport casualty of the crisis triggered by the coronavirus pandemic. Jet Time states that the restrictions on travel and closed borders have proven “too great a challenge” for the operator. Chief executive Jorgen Holme is submitting the filing ...
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NewsEliminating the aviation industry’s CO2 emissions: evolution or revolution?
Can CO2 emissions from aircraft be reduced or eliminated to stop the industry’s contribution to greenhouse gases? A FIA Connect discussion panel, hosted by FlightGlobal and Raytheon Technologies, thinks so - but it will be a long-haul journey.
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NewsSafety first in drive to unlock urban air mobility
To economically add a third dimension to local transport requires new technology - and a focus on creating “aviation grade” hardware.
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NewsEl Al must issue shares before state will back loan
Israeli flag-carrier El Al must carry out a planned $150 million share issue by the end of August, before the country’s government will back a $250 million bank loan. The conditions have been outlined in a 22 July letter from the ministry of finance. El Al opted in early July ...
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NewsEase ‘onerous restrictions’ to restore international travel: AAPA
The Association of Asia Pacific Airlines (AAPA) is urging Asia-Pacific governments to ease “unduly onerous restrictions” and collaboratively develop a consistent framework for restoring international air travel. “Public attitudes towards air travel are evolving as confidence is rebuilt,” the trade body says. “However, a major obstacle is the widespread imposition ...
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NewsBA pilots vote on pay cuts and ‘holding pool’ to reduce job losses
British Airways pilots are to be consulted on a package involving pay cuts and a series of other measures intended to protect crew jobs, with the cockpit union admitting the conditions of the deal are unlikely to be bettered. Cockpit union BALPA has been discussing ways to avoid cutting over ...
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NewsNew commercial aircraft programmes paused until recovery: executives
Aircraft manufacturers like Airbus, Boeing and Embraer are unlikely to launch major new aircraft programmes until the industry recovers from the coronavirus downturn.
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NewsQatar Airways’ parent pursues $5bn in compensation over blockade
Qatar Airways’ parent group is seeking $5 billion in compensation against the four Arab states which imposed a blockade on the airline three years ago. The company says it is taking formal arbitration action to obtain “redress” over the blockade which was put in place by Saudi Arabia, Bahrain, Egypt ...
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NewsIcelandair Group expects $100m second-quarter operating loss
Icelandair Group has revealed the extent of the coronavirus impact on the second quarter, indicating an operating loss of around $100-110 million. The company says its revenues for the three-month period to 30 June were down by 85% to some $60 million. Its operating loss in the same quarter last ...