All articles by Cirium – Page 5
-
NewsCALC to ‘explore’ passenger-to-freighter conversions
China Aircraft Leasing has declared its ambition to expand into passenger-to-freighter conversions, after in June acquiring three Airbus A330-300s through leaseback transactions.
-
NewsSriLankan reduced cash burn by 44%: chairman
SriLankan Airlines reduced its cash burn by approximately 44%, partly by renegotiating aircraft leases, according to chairman Ashok Pathirage.
-
NewsEasyJet to build maintenance hangar in Berlin
EasyJet will build a hangar at Berlin airport for light base maintenance checks as part of a wider effort to insource more MRO activities.
-
NewsThai Smile suspends domestic flights until 3 August
Thai Airways International’s regional subsidiary Thai Smile will temporarily suspend all of its scheduled domestic commercial flight operations from 21 July until 3 August.
-
NewsAsiana’s stock resumes trading after six-week suspension
Asiana Airlines’ shares resumed trading on 16 July, having been suspended on 26 May after two former executives were charged with embezzlement.
-
NewsVolaris rules out purchasing aircraft before 2023
Volaris will finance its fleet via operating leases rather than with direct purchases until at least 2023, chief financial officer Jaime Pous has disclosed.
-
NewsSouth Korea’s Air Premia secures AOC
South Korea’s Air Premia has received its air operator certificate.
-
NewsAustrian fears EU climate proposals will ‘distort competition’
European Commission proposals aimed at reducing airlines’ carbon emissions may harm competition in the bloc while doing little for the environment, Austrian Airlines has warned.
-
NewsMalaysia Airlines seeks to sell six A380s
In a LinkedIn post, the airline says its subsidiary MAB Pesawat Sdn Bhd is conducting an open tender for the sale of the widebodies, along with components.
-
NewsRyanair loses Austrian state-aid case
Ryanair has lost a legal challenge against the provision of financial support to Austrian Airlines on state-aid grounds.
-
NewsAir Astana swings to modest half-year profit
Kazakhstan’s Air Astana Group posted a net profit of $4.9 million for the first six months of 2021, swinging from a loss of $66.2 million in the same period in 2020.
-
NewsTurkish Technic eyes expansion to Asia with local partner
Turkish Technic is planning an investment in Malaysia in partnership with local maintenance provider Sapura Technics, to address customers in Asia-Pacific.
-
NewsAegean to restore 80% of capacity as losses narrow
Aegean Airlines’ losses almost halved year on year in the first quarter of 2021, and the Greek carrier aims to restore 75-80% of its capacity in the third quarter.
-
NewsLufthansa Cargo converts two A321s to meet e-commerce demand
Lufthansa Cargo is increasing its capacity in view of rising e-commerce demand by permanently converting two Airbus A321 passenger aircraft to freighters.
-
NewsVietnam Airlines signs $87 million loan agreement with SeABank
Vietnam Airlines has signed a credit contract with Vietnam’s Southeast Asia Commercial Joint Stock Bank for up to D2 trillion ($87 million).
-
NewsAegean awarded state funds following successful capital increase
Aegean Airlines has received a €120 million ($142 million) grant from the Greek government, after completing a required €60 million share capital increase.
-
NewsIndia permits carriers to fly 65% of pre-Covid domestic levels
India’s Ministry of Civil Aviation has issued a new order allowing airlines to raise domestic flight capacity to 65% of pre-Covid levels, up from 50% in June.
-
NewsVietnam limits Ho Chi Minh City flights to curb new outbreak
Vietnam is suspending various domestic routes to and from Ho Chi Minh City to stem a recent Covid-19 spike in its capital.
-
NewsCanada’s Porter to restart flights in September with federal aid
Porter Airlines intends to resume operations on 8 September, following months of delays as the regional carrier watched for signs that Canada would loosen travel restrictions and that demand for flights would return.
-
NewsJapanese consortium opens new Ulaanbaatar airport
The New Ulaanbaatar International airport, also known as Chinggis Khaan International airport, officially opened on 4 July under the management of a Japanese-led consortium.