All Airlines articles – Page 295
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NewsVietnam’s central bank proposes $174m loan for flag carrier
Vietnam’s central bank is proposing to offer D4 trillion ($174 million) of loans to help the national flag carrier as it struggles amid the Covid-19 pandemic. The funds will be provided to Vietnam Airlines through credit institutions and refinanced by the central bank, which will not charge interest on the ...
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NewsAir Transat suspends operations until June
Transat AT, the parent company of Canadian holiday specialist Air Transat, has effectively shut down revenue operations due to the coronavirus mitigation measures imposed by the Canadian government earlier this year.
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Airline BusinessTransat ponders ‘plan B’ should Europe reject Air Canada takeover
Transat AT, parent of Canadian holiday-focused airline Air Transat, is working on a “plan B” in case its planned acquisition by Air Canada falls through.
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NewsEthiopian Max crash probe in final stages: investigators
Ethiopia’s aircraft accident investigation bureau says its inquiry into the fatal Boeing 737 Max 8 crash near Addis Ababa is in its final stages. The accident involving Ethiopian Airlines flight ET302 occurred two years ago, on 10 March 2019, five months after a similar loss in Indonesia – prompting civil ...
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NewsLow-cost carriers urge for long-haul to be included in EU’s SAF mandate
A coalition of short-haul airlines, other aviation organisations and environmental groups are calling on the European Commission to ensure that long-haul flights are included in a forthcoming EU mandate on the use of sustainable aviation fuel.
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NewsUnited Airlines chief warns of ‘dramatic’ impact of unchecked climate change
Human-influenced climate change is the “defining issue for our generation to solve”, in the view of United Airlines chief executive Scott Kirby, who says his passion for the subject is behind the carrier’s attempt to become an industry leader on sustainability.
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NewsNorwegian files restructuring plan to courts
Low-cost carrier Norwegian has sent its plan for financial restructuring to the Irish and Norwegian courts, as it seeks permission from creditors and shareholders to continue the remodelling of its business and initiate a capital raise.
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NewsWideroe and Rolls-Royce pursue all-electric aircraft based on Tecnam design
Norwegian regional carrier Wideroe has linked up with Rolls-Royce and aeronautics firm Tecnam to develop an all-electric passenger aircraft within the next five years. The aircraft would be suited to the commuter air transport market and enter service in 2026. Wideroe has previously expressed interest in electric regional aircraft projects ...
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Airline BusinessAsia-Pacific cargo yields on steroids amid bellyhold blues
Recent financial results from Asia-Pacific airlines highlight how the disappearance of bellyhold space has given a massive boost to cargo yields.
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NewsRolls-Royce takes £1.3bn charge in fall-out from civil aerospace crisis
Rolls-Royce large engine flying hours were down by 57% last year, while deliveries of such engines almost halved to 264. The powerplant manufacturer disclosed the full-year impact of the air transport crisis as it turned in a £2.6 billion ($3.6 billion) underlying operating loss from its civil aerospace division. Production ...
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NewsUS DOT says airline employment at highest level since April 2020
The US Department of Transportation (DOT) says airline industry employment in January rose to its highest level since April 2020, a tentative sign that demand for air travel may be returning following an almost year-long decline due to the coronavirus.
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NewsPresident Biden to sign bill providing $14bn to airlines
Both houses of the US Congress have now passed a pandemic-relief bill that would make billions of dollars in aid available for the benefit of employees at US airlines.
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NewsSouthwest set to return Boeing 737 Max to its fleet
Southwest Airlines, the world’s biggest operator of Boeing 737 aircraft, is set to return the 737 Max into its network and schedule, operating several revenue flights on the type for the first time in two years.
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NewsWizz Air UK to have four A321neos by end of May
Wizz Air’s UK operation will have four new Airbus A321neos in its fleet by the end of May after today carrying out its first flight with the Pratt & Whitney GTF-powered narrowbody.
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NewsUS DOT grants Breeze certificate to operate
The US Department of Transportation (DOT) has given start-up low-cost airline Breeze Airways the green light to begin operations.
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NewsBusiness travel will come back: United Airlines chief
It is a mistake to believe that business travel demand will be fundamentally altered by the Covid-19 pandemic, even if its recovery will lag the return of leisure markets, according to United Airlines chief executive Scott Kirby.
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NewsSlow vaccine rollout to hit African traffic: AFRAA
The number of passengers travelling by air in Africa will not return to 2019 levels until at least the start of 2024 because of the lengthy rollout of the Covid-19 vaccine, the leader of airline association AFRAA has warned.
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NewsPeruvian 737 excursion crew disoriented by lack of centreline lights
Pilots of a Peruvian Boeing 737-300 should have considered a go-around instead of proceeding with a landing in heavy rain and a crosswind at Iquitos where the jet experienced a runway excursion. The aircraft – with 121 passengers and seven crew members – had been cleared for an ILS approach ...
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NewsAerCap agrees acquisition of US lessor GECAS
Leasing giant AerCap has agreed to acquire US lessor GECAS, creating a leviathan with over 2,000 aircraft and more than 900 engines as well as 300 helicopters. AerCap says it has entered into a “definitive agreement” – unanimously approved by the companies’ boards – under which General Electric will receive ...
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NewsFirmer crude oil bolsters jet fuel prices
The price of jet kerosene is continuing to strengthen despite weak demand from airlines, as firmer crude oil values filter through to the market.