All Airlines articles – Page 380
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NewsAirline pilots deal with coronavirus reality
While airline executives are struggling to figure out how to manage their fleets, pay staff and protect their businesses for a time after the coronavirus, employees on the front lines have been dealing with a very different reality.
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NewsCheap fuel should not tempt airlines to keep older aircraft: Ascend
Four-engined widebodies like 747 likely to be among the types worst-affected by the coronavirus crisis
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NewsJet2 expects £109m coronavirus hit and cancels 12 aircraft leases
UK leisure carrier Jet2 expects to take a £109 million ($135 million) hit from suspending operations during the coronavirus pandemic, and has cancelled plans to lease 12 aircraft for the summer season. The airline’s parent company, Dart Group, says in a disclosure to the London Stock Exchange that “due to ...
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NewsIndia’s Air Deccan eyes post-crisis relaunch with new aircraft
Air Deccan is in talks with an aircraft manufacturer as the Indian carrier prepares to restart operations once the coroanvirus crisis stabilises, chief executive Arun Kumar Singh has disclosed.
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Airline BusinessHow will states exert their renewed influence on airlines?
Airline bodies, chiefs and industry analysts have been warning since national lockdowns grounded scheduled passenger services that many carriers did not have enough cash to survive more than a couple of months.
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NewsGerman operator LGW files for insolvency
German regional carrier LGW has filed for insolvency after Lufthansa low-cost subsidiary Eurowings terminated a wet-lease agreement.
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NewsIATA warns of more airline failures in Asia-Pacific
More carriers in the Asia-Pacific region could fall as a result of the coronavirus crisis, if governments fail to step in with relief measures. Highlighting the “worsening” impact of the pandemic on carriers in the region, airline body IATA also identified eight countries which are most at risk. These countries ...
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NewsShutdown to cost European airlines $89 billion: IATA
IATA has increased its estimate of the cost of the coronavirus crisis to European airlines, and now believes it will cut sector earnings 2020 earnings by more than half. The association is predicting an annual revenue reduction of 55% against 2019, a hit of $89 billion. This represents an increase ...
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NewsDe Havilland sells up to 13 Dash 8-400 freighter conversion kits to Jazz
Canadian regional airline Jazz has agreed to purchase up to 13 freighter conversion kits for De Havilland Canada Dash 8-400 turboprops, enabling the airline to carry freight needed to combat coronavirus.
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NewsLufthansa in financing talks after disclosing Q1 loss of €1.2bn
Lufthansa Group is in talks with the home governments of its various airlines over financing support after revealing it expects to have posted a €1.2 billion ($1.3 billion) adjusted EBIT loss for the first quarter fo 2020.
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NewsAir Arabia and Etihad to launch Abu Dhabi JV as ’conditions improve’
Air Arabia and Etihad Airways’ new Abu Dhabi joint venture carrier will finalise its launch plans “as market conditions improve” after securing its air operating certificate (AOC).
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NewsMis-set altitude led Neos 737 to descend unnoticed during go-around
Investigators have found that a Neos Boeing 737-800 continued to descend, unnoticed by the crew, during an aborted landing at Bristol, after a rushed approach meant the go-around altitude was not correctly set. It dipped below 460ft as it travelled over runway 27, with its landing-gear retracted, before the pilots ...
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NewsAustralia unveils agricultural freight export network amid disrupted supply chains
Australia has rolled out a freight export service network, aimed at re-establishing global supply chains and accelerate exports of agricultural and fisheries exports to key overseas markets. The network comprises 15 airlines, freight service providers and freight forwarders, such as Qantas, Singapore Airlines, Emirates and FedEx. The Australian ...
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NewsVietJet records 14% decline in 2019 profit
VietJet Air saw its operating profit in 2019 decline 14.3% to D4.98 trillion ($211 million), down from the previous year’s profit figure of D5.8 trillion. Consolidated revenue for the year ended 31 December 2019 declined 2.8% to D52 trillion. Net profit meanwhile fell 20.9% to D4.22 trillion. Cash and cash ...
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NewsEU shaping guidelines to restore air travel: transport commissioner
European transport commissioner Adina Valean has signalled that guidelines will be set out by mid-May regarding an exit strategy to restart cross-border operations including air travel, but stresses that the timing depends on the health situation. While speaking on 22 April, she was reluctant to pre-empt the finalisation of specific ...
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NewsDelta Air Lines reports Q1 loss, cuts daily cash burn by half
Delta Air Lines says it anticipates cutting its daily cash burn by 50% as the coronavirius pandemic drags on into the second quarter of the year and passenger demand continues to be at about 5% of normal.
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NewsUK clears CargoLogicAir to resume freight flights
UK regulators have restored the operating licence of freight operator CargoLogicAir, clearing it to operate contracts providing medical supplies using a pair of Boeing 747 freighters.
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NewsAir Mauritius files for voluntary administration
Struggling Air Mauritius has entered voluntary administration after the board resolved that with coronavirus grounding it would not be able to meet its financial obligations in the foreseeable future.
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NewsAirbus develops anti-spill cover to protect A350 centre pedestal
Airbus has developed a removable cover for A350 integrated control panels, designed to protect vital systems from inadvertent liquid spills in the cockpit, after two incidents which preceded uncommanded engine shutdown. The cover – which protects engine master levers, thumbwheels and rotary knobs – needs to be removed during critical ...
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NewsBiocide overdose blunder suspected in A321 dual-engine incident
UK investigators probing a serious dual engine problem on a departing Airbus A321 have discovered its fuel system had previously been overdosed with biocide, after a maintenance engineer misunderstood a measurement term. The engineer was confused by the term ‘ppm’ – meaning ‘parts per million’ – while conducting a biocidal ...