All articles by Cirium – Page 7
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NewsLawmakers oppose bankruptcy or liquidation of Garuda Indonesia
Indonesian lawmakers voiced opposition to the bankruptcy or liquidation of embattled flag carrier Garuda Indonesia in a parliamentary hearing on 21 June, as the airline’s executives revealed further details on its downsizing of operations.
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NewsTransat ends takeover negotiations with Peladeau
Transat AT on 21 June announced the end of a special committee charged with reviewing takeover bids, adding that billionaire investor Pierre Karl Peladeau has withdrawn his offer to purchase control of the tourism provider due to lack of shareholder interest.
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NewsVietnam Airlines to get D4 trillion in loans: reports
Debt-ridden Vietnam Airlines is expected to receive loans totalling D4 trillion ($174 million) from three Vietnamese banks, according to state media reports.
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NewsJAL conducts flight with two types of Japan-made SAF
Japan Airlines operated its first commercial flight loaded with two different types of Japan-made sustainable aviation fuel (SAF) on 17 June.
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NewsEU recommends lifting travel restrictions for US residents
The Council of the European Union has added the USA to its list of countries for which travel restrictions should be lifted.
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NewsHSBC upgrades European low-cost carriers as restart gathers pace
The easing of border restrictions across Europe has led HSBC to upgrade its ratings for the major European low-cost carriers, in the expectation that the positive newsflow will rapidly increase earnings over the coming year.
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NewsGaruda Indonesia suspends payment under $500 million sukuk
Garuda Indonesia has deferred payment of a periodic distribution on its $500 million sukuk trust certificate after a two-week grace period lapsed on 17 June.
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NewsANA Group to use SAF on Tokyo flights from July
ANA Group will use sustainable aviation fuel (SAF) on flights departing from Haneda and Narita, starting July.
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NewsStay on AirAsia X’s creditors extended by nine months
AirAsia X has been granted by the High Court of Malaya a nine-month extension of a restraining order on creditors.
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NewsEasyJet expands Belfast services
EasyJet is ramping up its Belfast operations in the wake of Stobart Air’s collapse.
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NewsFlyr confirms 30 June launch after receiving AOC
Norwegian start-up Flyr has received its air operator’s certificate and will initiate service between Oslo and Tromso on 30 June.
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NewsEurowings Discover to fly 11 aircraft under own AOC
Eurowings Discover has received its own air operator’s certificate and will fly leisure routes as a wholly-owned subsidiary of Lufthansa from late July.
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NewsSIA Group reports 14% passenger load factor in May
Singapore Airlines Group’s passenger load factor reached 14% in May, and during the month carried 119,600 passengers versus 9,600 passengers in May 2020.
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NewsAer Lingus delays UK-USA flights amid ongoing restrictions
Aer Lingus has delayed the launch date of flights from Manchester to New York JFK and Orlando from late July until the end of September.
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NewsThai Airways gains final approval to embark on restructuring
Thai Airways International received court approval for its restructuring plan at a 15 June hearing, clearing the final hurdle before implementation of the proposals.
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NewsSouth Korean airlines fined for safety lapses
South Korea’s Ministry of Land, Infrastructure and Transport (MOLIT) has imposed fines totaling W941 million ($840,000) on Jeju Air, Korean Air and Asiana Airlines for violating safety rules.
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NewsAir Antwerp becomes latest Covid-19 casualty
Belgian regional carrier Air Antwerp has ceased operations.
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NewsVietnam Airlines approved for US repatriation flights
Vietnam Airlines plans operate a series of repatriation flights to the USA from 22 June, following approvals from US authorities.
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AnalysisLion Air asserts longevity amid French SPV dilemma
The email landed in Asia-based lessors’ inboxes in the early hours, inviting a maximum of three people per lessor to a 3 June call with Lion Air Group’s billionaire co-founder Rusdi Kirana.
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NewsLufthansa to serve Majorca with widebodies after demand surge
Lufthansa will deploy Airbus A350 and Boeing 747-8 widebodies on flights from Frankfurt and Munich to the Spanish island of Majorca this summer, in response to a “significant” increase in demand.