All articles by Cirium – Page 9
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NewsANA enters codeshare agreement with LCC affiliate Peach
ANA Holdings’ subsidiaries mainline carrier All Nippon Airways and budget airline Peach will begin a codeshare agreement in late August.
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NewsVietnam lifts international flight suspension to main gateways
Vietnam has abruptly reversed a decision to suspend inbound international flights to its main gateways of Ho Chi Minh City and Hanoi, which were supposed to be in place for at least this week.
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NewsAir China names new president and executive director
Air China has promoted its vice-president Ma Chongxian to the position of president, effective 31 May.
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NewsLufthansa Cargo orders another Boeing 777 freighter
Lufthansa Cargo has placed an order for another Boeing 777 freighter.
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NewsStobart Air sale delayed after buyer hits financing hurdle
The proposed sale of regional operator Stobart Air and Carlisle Lake District airport has hit turbulence after the buyer’s proposed financing for the deal fell through.
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NewsVietnam suspends international flights to Hanoi, Ho Chi Minh City
Vietnam’s two main international gateways Ho Chi Minh City and Hanoi will temporarily suspend inbound international flights for at least one week as the country battles its largest surge in Covid-19 cases since the pandemic began.
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NewsAPAC traffic recovery stymied by restrictions in April: AAPA
Renewed border restrictions and domestic lockdowns across Asian economies in April have “quelled hopes of a meaningful resumption in international travel” for Asia-Pacific airlines.
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NewsThailand’s watchdog completes review of Korean Air-Asiana merger
Korean Air has cleared another milestone in its planned acquisition of compatriot Asiana Airlines, most recently with Thailand’s competition watchdog.
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NewsMyanmar suspends select domestic routes to curb Covid-19 surge
Myanmar’s airlines have temporarily suspended flights to six domestic airports from 29 May to 8 June, in line with the government’s movement restrictions for certain townships to curb a rise in Covid-19 cases that began last week.
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NewsIberia reconverts three A330s from freighters as demand rises
Iberia is taking 29 narrowbodies out of storage and retuning them to service this summer, and is reconverting three Airbus A330s from freighter aircraft back into passenger jets.
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NewsAirAsia Group targets recovery in two years after Q1 loss widens
Ongoing travel restrictions have contributed to a 2.4% year-on-year widening of AirAsia Group’s first-quarter net loss, to MYR976 million ($235.8 million).
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AnalysisWhy A220 spells opportunity for Air France-KLM engineering unit
Air France Industries KLM Engineering & Maintenance is building up Airbus A220 support capabilities because it sees an opportunity to establish itself as the first airline MRO provider to offer nose-to-tail services on the new-generation aircraft.
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NewsGol expects second-quarter net operating revenues of $188 million
An improvement in Gol’s domestic flight sales in May has led the Brazilian carrier to revise its outlook for the second quarter, for which it expects to report net operating revenues of R$1 billion ($188 million).
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NewsNorwegian exits bankruptcy after shedding two-thirds of its fleet
Norwegian has “successfully emerged” from bankruptcy protection with a much slimmed down fleet of 51 aircraft, all of which will be operated on a by-the-hour basis until the first quarter of next year, the airline has disclosed.
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NewsTAP details share capital increase after state injects more cash
Portugal’s government has invested €462 million ($566 million) in new TAP shares, following the European Commission’s approval last month of additional state support for the Portuguese flag carrier.
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NewsNorwegian raises enough capital to exit bankruptcy
Norwegian has raised the NKr6 billion ($718 million) in fresh capital required to exit its restructuring process later this month, after a private placement of new shares was “significantly oversubscribed”.
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NewsShanghai AJ Group partners with Juneyao for aviation investment
Investment holding company Shanghai AJ Group is partnering with Juneyao Air to potentially make an investment in an aviation company.
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NewsDublin Aerospace stays profitable amid pandemic
Irish maintenance provider Dublin Aerospace delivered a €2.6 million ($3.2 million) operating profit during the financial year ended 30 September 2020, down from €5.7 million in previous year, and intends to continue investment in new facilities despite the pandemic. Revenue declined 16% to nearly €43 million. Chief executive Conor McCarthy ...
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NewsThai Airways’ creditors approve rehabilitation plan
Thai Airways International’s creditors have approved its rehabilitation plan at a 19 May meeting.
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NewsFosun International unit setting up firm to invest in airlines
A subsidiary of Chinese conglomerate Fosun International is setting up a company with the purpose of investing in airlines.