All Airlines articles – Page 320
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Airline BusinessWhere are we on the path to aviation industry recovery?
Ascend by Cirium senior consultant Richard Evans looks at how the aviation industry is faring amid the pandemic
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Airline BusinessIs Korean acquisition of Asiana bellwether for wider consolidation in Asia?
As the dust settles on the proposed Korean Air acquisition of its embattled rival Asiana Airlines, questions begin to emerge about what the future merged carrier will look like and whether this is the start of many other pandemic-driven mergers and acquisitions to come?
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NewsAsiana swings back to profitability in Q3
Asiana Airlines — most recently the subject of an acquisition by rival Korean Air — swung back into the black in its third-quarter earnings, helped by an uptick in cargo revenue and a steep reduction in costs.
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NewsUS-UK air services pact gives US cargo operators additional rights
The air services agreement signed by the US and the UK provides US cargo operators new rights that they did not have in the previous agreement with the European Union.
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NewsAmerican, British Airways launch pre-departure coronavirus testing programme
American Airlines and British Airways will collaborate to launch pre-departure free coronavirus testing on some flights between the United States and the United Kingdom.
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NewsNok Air’s losses deepen in third quarter
Nok Air’s pre-tax losses deepened in the third quarter to Bt2.59 billion ($86 million), from Bt482 million in the year-ago period. The Thai low-cost carrier attributes its poorer financial performance to the Covid-19 pandemic, while new accounting standards and the liquidation of subsidiary NokScoot were also contributing factors. ...
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NewsBangkok Airways sinks deeper into red as Q3 revenues plummet
Bangkok Airways sank deeper into the red, as third-quarter revenues declined by 86.5% to Bt903 million ($30 million). Revenue from airlines, which in the year-ago period accounted for more than two-thirds of total revenues, was nearly wiped out, declining by 91.3% year-on-year to Bt394 million. Source: Max Kingsley-Jones ...
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NewsLufthansa network carriers to end free meals on short-haul flights
Lufthansa, Swiss and Austrian Airlines are to switch to a buy-on-board meal service for economy passengers on short- and medium-haul flights next year.
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NewsUK seals fresh air services deal with USA
UK and US officials have today signed an air services agreement to ensure flights can continue between the two countries once the existing EU transition period ends this year. Currently flights are covered under the existing air services agreement between the EU and the USA. But the UK’s Brexit transition ...
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NewsEngine-damaged An-124 lost multiple systems including brakes and thrust control
Russian authorities have disclosed that the Volga-Dnepr Antonov An-124 which made an emergency landing at Novosibirsk had experienced braking failure, loss of electrical power, and loss of radio communications. The aircraft’s inboard left-hand Progress D-18T engine sustained “complete destruction” as it departed Novosibirsk on 13 November, states the federal air ...
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NewsUnited launches free coronavirus tests ahead of flights to London
United Airlines has begun offering free coronavirus tests for customers travelling from the carrier’s New York-area hub to London.
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NewsDOT clears Aer Lingus’ entry into transatlantic joint venture
The US Department of Transportation (DOT) has tentatively approved Aer Lingus’ entry to an existing joint business that includes American Airlines, British Airways, Iberia and Finnair.
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NewsAzul expects year-end leisure passenger revenue to exceed 2019
Brazil’s Azul expects domestic leisure passenger revenue to exceed last year’s figures in the coming weeks as the airline prepares for a strong summer travel season in the Southern Hemisphere.
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NewsHawaiian Airlines’ frequent travellers can redeem miles for Covid test
Hawaiian Airlines says that frequent fliers can redeem air miles to pay for a coronavirus test that would allow them to bypass the state’s 14-day mandatory quarantine.
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NewsAvianca slides to $156 million third-quarter operating loss
Avianca Holdings has posted an operating loss of $156 million for the three months ended 30 September.
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NewsVolga-Dnepr An-124 damaged in departure accident at Novosibirsk
One of Russian outsize freight operator Volga-Dnepr Airlines’ Antonov An-124s has suffered substantial damage after a departure accident apparently involving engine failure. Images of the aircraft (RA-82042) at Novosibirsk show it came to rest on rough snowy ground, on its fuselage underside, with extensive damage to its inboard left-hand Progress ...
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NewsVietnam clears project funding for new Ho Chi Minh City airport
Hanoi has signed off on funding of VND109 billion ($4.7 billion) for the first phase of Ho Chi Minh City’s new airport, to be located in nearby Long Thanh province. Deputy prime minister Trinh Dinh Dung signed the decision on 11 November, according the Civil Aviation Authority of Vietnam. ...
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NewsVietjet, UPS in cargo flight tie-up
Vietnamese low-cost carrier Vietjet Air and logistics firm UPS have entered a cargo partnership agreement.
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NewsSIA boosts liquidity with S$850 million bond issue
Singapore Airlines (SIA) has successfully raised S$850 million ($630 million) through a convertible bond issue.
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NewsAir New Zealand names new finance chief
Air New Zealand has appointed its former senior executive Richard Thomson as its next chief financial officer.