All articles by Graham Dunn – Page 58
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NewsKLM aims to complete 737-800 cabin upgrades by March 2022
Dutch carrier KLM has debuted a cabin upgrade for the first of 14 Boeing 737-800, a fleet revamp it aims to complete by March next year.
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NewsLufthansa reducing cash outflow as it looks to possible capital increase
Lufthansa Group has repaid about half the €2.3 billion ($2.8 billion) it drew through German stabilisation measures and is seeking shareholder authority for another possible capital increase. “The timing and amount of a possible capital increase have not yet been decided. It will depend on various factors, not least of ...
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NewsLufthansa to operate 40% capacity this year after posting €1.1bn Q1 loss
Lufthansa Group expects to operate around 40% of pre-crisis capacity across this year after today disclosing an adjusted EBIT loss of €1.1 billion ($1.3 billion) as the pandemic continued to hit traffic in the first quarter.
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NewsStruggling Mango cancels flights today over late payments
South African Airways low-cost carrier Mango Airlines suspended flights today due to payment outstanding to the country’s airports’ operator ACSA , though the latter has since lifted its block on the struggling state-owned airline operating.
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NewsAzerbaijan’s Silk Way signs for five Boeing 777 freighters
Silk Way West Airlines has placed an order for five Boeing 777 Freighters, the Azerbaijani carrier’s first commitment for the long-haul twinjet.
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NewsUK carrier Jet2 to post loss of up to £385m for pandemic-hit year
UK leisure carrier Jet2 expects to post a group loss of between £375-385 million ($521-535 million) for for the 12 months ended 31 March 2021, a year in which its activities have been heavily curtailed by pandemic travel restrictions.
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NewsIATA seeks details as Von der Leyen offers transatlantic travel hope
IATA director general Willie Walsh has described as a “step in the right direction” comments from European Commission president Ursula von der Leyen indicating the EU would grant unrestricted access to vaccinated visitors from the USA.
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NewsSouth African airline woes continue as Mango reportedly set to pause flights
Low-cost carrier Mango appears to be the latest South African operator to run into financial difficulties amid reports the airline could temporarily suspend flights in May and seek to enter a formal restructuring until it can secure state funds.
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NewsRyanair chief Wilson hopeful of ‘extended summer’
Ryanair chief executive Eddie Wilson remains optimistic of a strong lift in air travel in Europe this summer and expects consumers will extend holiday plans later into the year
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Airline BusinessAirline recovery hopes blighted by slow recovery despite bright pockets
It says something about the depth of the airline industry’s troubles that even an extra $9 billion in losses this year would leave the industry significant healthier than in 2020.
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NewsEmirates boss Clark confident premium seats will be filled
Emirates Airline president Tim Clark believes airlines will be able to fill business-class and premium-economy seats following the pandemic even if demand for corporate travel remains depressed.
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NewsIATA deepens industry loss forecast for 2021 on slower recovery
IATA has deepened its forecast for airline net losses in 2021 to $47.7 billion due to the slower than hoped for recovery in air travel from the pandemic.
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NewsIndia clears Boeing 737 Max for overflights
Indian regulators have taken the first steps to easing restrictions on Boeing 737 Max flights in the country by clearing the path for foreign carriers to overfly its airspace using the type.
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NewsIATA chief sees airlines ‘more cautious’ in post-pandemic networks
A focus on tackling the mounting debt burden is likely to result in airlines adopting a more cautious approach to building back their networks post-pandemic, believes new IATA director general Willie Walsh.
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NewsAirline industry is ‘up for the challenge’ on environment: Walsh
New IATA director general Willie Walsh cites continued airline investments in sustainability initiatives – despite the financial pressure from the global pandemic – as evidence for his confidence the industry can meet the challenge of cutting its greenhouse emissions.
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NewsUK regulator clears path for JetBlue transatlantic debut
UK regulators have cleared JetBlue Airways to launch flights to London from New York and Boston, a further step in the carrier’s plans to begin transatlantic services this year.
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NewsSmith sees Transavia as key tool to counter loss of Air France’s Orly slots
Air France-KLM group chief executive Ben Smith believes the flexibility union agreements have given it to develop low-cost unit Transavia at Paris Orly provides the group with a tool to help offset the loss of slots at the airport.
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NewsCommission confirms Maltese approach over Air Malta state aid
European Commission officials have confirmed that the Maltese Government has approached it over a possible state-aid package for national carrier Air Malta.
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Airline BusinessBoeing continues to ride the ups and downs of 737 Max return
Southwest’s follow-on commitment for 100 Max 7 aircraft and Ryanair’s imminent start of services with a higher density version of the Max 8 are further positives for Boeing’s flagship programme after the restart of commercial flights last December, but further order cancellations and the back-up power control issuing impacting some of the fleet show challenges remain
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NewsContinued travel restrictions prompt Norwegian to lift capital raise target
Restructuring low-cost carrier Norwegian has increased the range of its planned capital raise in view of the slow opening up of travel markets.