All Airlines articles – Page 342
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NewsLondon City outlines plans to cut nearly 240 jobs
London City airport’s operator has outlined plans to cut nearly 240 jobs as part of its response to the air transport crisis. It has opened a formal consultation with staff on the restructuring measure which, it says, will affect 35% of roles. Commercial services were halted on 25 March but, ...
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NewsGreenpeace to launch legal challenge over KLM state aid
Environmental group Greenpeace is to launch a legal challenge to block the Dutch government’s planned €3.4 billion ($4 billion) rescue support for national carrier KLM arguing green conditions tied to the bailout are not strong enough.
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NewsEurocontrol laments ‘backwards’ progress as recovery track diverges
Eurocontrol is blaming a lack of crisis co-ordination among countries for handling air travel, after it revised downwards its expectations for traffic recovery to early 2021. Director general Eamonn Brennan says the situation is “going backwards” and that the development is “really worrying” for the airline industry. Eurocontrol puts the ...
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NewsThai Airways aims to hold creditors’ meeting in early 2021
Thai Airways International has received the Central Bankruptcy Court’s approval for business rehabilitation and targets to hold a creditors’ meeting early next year. The court has also accepted and appointed the airline’s nominations for rehabilitation planners, Thai says in a statement today. Source: Shutterstock Thai Airways fleet at ...
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NewsFrench Bee eyes arrival of A350-1000s, as pandemic fails to dent optimism
Paris Orly-based long-haul, low-cost carrier French Bee remains in upbeat mood despite the coronavirus crisis and will next year significantly expand its fleet with the addition of two leased Airbus A350-1000s.
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NewsCathay to park 40% of fleet in long-term storage overseas
Beleaguered Cathay Pacific will move about 40% of its fleet to long-term storage locations overseas, as it adjusts downwards its forecasted capacity for the coming months. In its monthly traffic results for August, Cathay confirms that it is parking a significant number of aircraft overseas, given that it “will be ...
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NewsArab-Israeli flight prospects broaden as Oman backs Bahraini diplomatic move
Oman’s government has welcomed the decision by Bahrain’s leadership to establish full normalisation of diplomatic relations with the state of Israel – potentially allowing a further expansion of Israeli-Arab air services. Bahrain is the second Arab nation within a month to reach such a decision, and the support of Oman ...
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NewsLATAM request for DIP financing rejected by bankruptcy court
LATAM Airlines’ proposal to secure $2.2 billion in debtor-in-possession financing has been rejected by a bankruptcy court in New York. The Chile-based airline group, which filed for Chapter 11 bankruptcy protection in the USA on 26 May, says in a Securities and Exchange Commission filing that a judge at the ...
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NewsRyanair closes Dusseldorf base
Ryanair will close its Dusseldorf base in October after the German airport’s operator and a ground handling provider refused to lower their fees.
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NewsWizz Air Abu Dhabi postpones launch to 16 October
Wizz Air has delayed the launch date of its new Abu Dhabi operation by two weeks, citing ongoing Covid-19-related travel restrictions.
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Airline BusinessAirports face long wait for air traffic return
Whilst the crisis facing airlines has dominated most of the headlines since the collapse of air transport demand from the global pandemic, the symbiotic nature of their relationship means airports are facing their own financial pressures from the slump in passenger numbers.
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NewsCrew’s late escape from icing preceded serious ATR 72 upset
Norwegian investigators have disclosed that an ATR 72-600 suffered a serious loss of control, with excessive wing bank, as its crew belatedly attempted to escape from icing conditions during a domestic Bergen-Alesund service. The inquiry into the incident – involving a Jet Time flight for SAS on 14 November 2016 ...
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NewsKumho’s effort to sell Asiana stake collapses
A deal that would have seen HDC Hyundai Development (HDC) obtain control of Asiana Airlines has fallen through. Kumho Industrial, which owns a controlling stake in the carrier, informed the airline’s main creditor, Korea Development Bank (KDB), of the deal’s collapse, according to a report by the official Yonhap news ...
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NewsRAM 737 carried out long, high-speed take-off after call-out hitch
UK investigators have found that a Royal Air Maroc Boeing 737-800 lifted off from London Gatwick at nearly 200kt, and close to the end of the runway, after the crew did not receive automatic speed call-outs during the take-off roll. The crew of the aircraft (CN-RGJ), bound for Casablanca on ...
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NewsQantas to boost regional flights when state borders reopen
Qantas plans to boost regional flights, citing the need to maintain critical transport links to key regional cities following Virgin Australia’s decision to exit various markets. Subject to the reopening of state borders, the airline intends to launch new flights from Brisbane, Queensland to Port Macquarie, New South Wales five ...
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NewsLATAM names former JetBlue executive as new commercial chief
Chile’s LATAM Airlines has appointed Marty St. George to be its new chief commercial officer.
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NewsTransat’s fiscal Q3 yields 99% decline in revenue
Canada’s Transat AT, the parent company of leisure carrier Air Transat, posted revenues of just C$9.5 million ($7.2 million) in its third fiscal quarter. During that period, it had just a single week of operations due to business interruptions from the coronavirus pandemic.
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NewsJetBlue adds 24 leisure routes in move to generate cash
JetBlue Airways is launching 24 domestic and international routes as part of a strategy to quickly generate cash from an expected growth in demand for leisure travel.
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NewsEuropean airline bailouts hit €26.6 billion: HSBC
European governments have provided the continent’s airlines with nearly €26.6 billion ($31.5 billion) in assistance throughout the coronavirus crisis, underlining the value regulators place on the connectivity carriers provide, according to a report from HSBC.
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NewsSingapore Airlines to slash 4,300 jobs across group as pandemic takes toll
Singapore Airlines Group is to cut 4,300 positions across its airlines in a further sign of the scale of the impact of the coronavirus pandemic on the air travel industry. SIA expects to only be operating less than half its capacity by the end of the current financial year in ...