All Air Transport articles – Page 8
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NewsSAS defers interest payment on securities under restructuring scheme
Scandinavian carrier SAS is to defer interest payments on securities which fall due towards the end of April as part of its latest stabilisation plan. SAS states that it will defer the semi-annual payment of SKr36 million ($3.8 million) for 25 April, as well as the SKr138 million payment for ...
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News
Inquiry probes Air France 777-300ER control instability during Paris approach
French investigators are probing a flight-control instability involving an Air France Boeing 777-300ER during final approach to Paris Charles de Gaulle. The twinjet (F-GSQJ) had been arriving from New York JFK on 5 April, and had been aligned for approach to runway 26L. French investigation authority BEA states that the ...
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News
Ethiopian agrees sale-and-leaseback for latest Dash 8-400s
Ethiopian Airlines has entered a sale-and-leaseback agreement for a pair of De Havilland Canada Dash 8-400 turboprops recently delivered to the carrier. The aircraft involved – bearing serial numbers 4626 and 4628 – were handed to the African operator in February. Ethiopian Airlines has agreed their sale and leaseback, covering ...
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News
Spirit’s board to weigh pros and cons of competing offers
While all eyes were on whether regulators would ultimately spoil Frontier Airlines’ planned takeover of Spirit Airlines, JetBlue Airways quietly hatched a spoiler of its own.
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News
IATA chief cites China’s ‘outstanding’ airline safety efforts as MU5735 probe continues
IATA director general Willie Walsh has expressed confidence in the investigation into the crash of China Eastern Airlines flight MU5735, while praising China’s safety record during an extended period of huge traffic growth. Investigations are continuing into why a China Eastern Boeing 737-800 crashed while operating a Kunming-Guangzhou service on ...
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News
JetBlue: Spirit acquisition helps its Northeast Alliance case with DOJ
In the wake of its proposed takeover of Spirit Airlines, JetBlue Airways finds itself peppered with questions about how such a move will affect its nascent “Northeast Alliance” (NEA) with American Airlines.
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Analysis
JetBlue would dismantle Spirit as ultra-low-cost competitor, become ‘larger JetBlue’
JetBlue Airways is pitching its proposed acquisition of ultra-discounter Spirit Airlines as a means to compete better against the four largest US airlines – carriers that through their own mergers now control some 80% of the US market.
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News
Daher updates TBM family with TBM 960
French aircraft manufacturer Daher has unveiled its TBM 960, an updated variant of its TBM line of single-turboprop aircraft.
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Interview
Air Baltic chief on Ukraine solidarity, Russia exit, airspace closures and IPO plans
Martin Gauss is running an airline based in a country – and operating from two others – whose proximity to Russia in geographical and historical terms heightens both the emotional and, in some cases, practical effects of the conflict.
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News
Conversion venture EFW names new chief executive
Freighter conversion venture EFW has named chief operating officer Jordi Boto as its new chief executive, succeeding the veteran Andreas Sperl. Sperl, whose career has included serving as Airbus chief financial officer, has stepped down from his post and left the company, says EFW. Source: EFW Boto’s career ...
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News
Hainan seeks to sell low-use A350s and lease others
Chinese carrier Hainan Airlines is to sell a pair of Airbus A350-900s, and offer another four of the type for lease. The carrier has detailed the plan in a formal tender invitation dated 2 April. It aims to divest the two A350s for sale – both delivered in late 2018 ...
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News
Air Lease orders another 32 737 Max
Air Lease, one of the world’s leading aircraft lessors, has ordered another 32 Boeing 737 Max narrowbodies, bringing its total orderbook for the jets to 130 and handing a important win to Boeing’s still-recovering single-aisle programme.
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News
Russian firm looks to shift carriers onto domestic booking platform
Russian state technology firm Rostec’s joint venture with Sirena-Travel is preparing to enable Russian carriers to transfer to a domestic reservations system, to protect against possible problems with foreign booking platforms. The venture, RT-Transcom, is carrying out preparations under a state order in order to “protect the industry”. It says ...
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News
SAS commercial chief steps down for post in education sector
SAS is losing another senior executive in the space of two weeks, with the decision by chief commercial officer Karl Sandlund to step down. He is set to leave SAS by the beginning of October. His resignation comes two weeks after that of chief financial officer Magnus Ornberg. Sandlund has ...
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News
Ryanair expects full-year loss towards deeper end of guided range
Budget carrier Ryanair is expecting a full-year net loss of €350-400 million ($385-440 million), prior to exceptional items. This is towards the higher end of the previously-guided loss range of €250-450 million for the airline, whose financial year closed on 31 March. Ryanair says its full-year passenger numbers recovered to ...
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News
Pobeda parks large part of fleet and concentrates Moscow network on Vnukovo
Aeroflot Group’s budget carrier Pobeda is to cut back its operations, putting 40% of its fleet into storage and trimming its network in response to the constraints on Russian air transport. It will maintain services with 25 Boeing 737s but park 16 others. The airline will also suspend the transfer ...
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News
ITA reaches Airbus lease agreement with AerCap
Italian operator ITA Airways has reached a formal lease agreement for 12 Airbus aircraft, including a pair of A330neos, with AerCap. The agreement covers 10 A320neos in addition to the two long-haul twinjets. AerCap says the aircraft are scheduled for delivery to the new airline – which commenced operations last ...
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Analysis
More airlines able to look forward with confidence about recovery
A notable theme over the past week has been the shift in global airline narrative towards renewal, as more markets emerge from the worst of the Covid-19 crisis.
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News
Etihad chief Douglas untroubled by A350 paint-crack worries
Despite the paint problems experienced by other Airbus A350 operators, the boss of Etihad Airways remains sanguine about the potential for similar issues to afflict its fleet of the carbonfibre widebody. Gulf rival Qatar Airways in particular has been vocal about the issue of skin-paint deterioration on several of its ...
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News
SAS runs into early friction during negotiations with pilots
Scandinavian operator SAS’s negotiations with cockpit crew representatives over its latest transformation plan have already encountered friction, with pilot union Svensk Pilotforening walking out of talks barely after they began. SAS has initiated a long-term plan, ‘SAS Forward’, in a bid to generate SKr7.5 billion ($800 million) in cost ...
