All articles by Graham Dunn – Page 59
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NewsLufthansa to seek shareholder authority for possible capital increase
Lufthansa Group is to seek approval from shareholders for a potential €5.5 billion ($6.5 billion) capital increase aimed at repaying equity invested in the carrier last year through Germany’s economic stabilisation fund (WSF).
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NewsMajali returns as CEO of Royal Jordanian
Samer Majali is back as chief executive of Royal Jordanian Airlines, returning to a position he left more than 10 years ago.
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NewsCorsair fleet renewal begins as it takes first higher-weight Airbus A330neo
French leisure carrier Corsair has taken delivery of its first Airbus A330-900 on lease from Avolon, becoming the first operator to take the higher-weight version of the widebody.
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NewsRyanair to open Zagreb base as part of Croatian expansion
Low-cost carrier Ryanair is to open a new base in Zagreb this summer as part of expansion plans for Croatia announced today which will also see it reopen its Zadar base.
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NewsAirAsia sees recovery signs ahead after heavy 2020 loss
Low-cost carrier group AirAsia posted a net loss of MYR5.9 billion for 2020 as revenue slumped 74% and it was hammered by one-off costs during the pandemic-hit year.
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NewsASL’s UK cargo start-up launches services
ASL Aviation Holdings’ new UK cargo airline has carried out its first flight today after becoming the first fixed-wing carrier to secure an air operator certificate (AOC) from the UK CAA since Brexit.
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NewsKenya Airways domestic flights hit by move to counter third pandemic wave
Kenya Airways and its low-cost unit Jambo Jet will today suspend a string of domestic services following moves in the country to counter concerns over a third wave of the coronavirus.
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NewsSmartwings exits creditor protection after securing loan
Smartwings has signed a Kc2 billion ($90 million) loan agreement with a syndicate of banks under the the Czech Government’s Covid Plus support programme helping it to come out of a moratorium with creditors it has been in since the pandemic hit. The Kc2 billion loan with four banks is ...
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NewsAer Lingus to launch transatlantic flights from Manchester in July
Irish carrier Aer Lingus has confirmed moves to launch its first transatlantic flights from the UK after disclosing plans to begin services from Manchester to New York JFK and Orlando this summer.
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NewsLosses treble at Kenya Airways amid worst year for traffic since 1999
Kenya Airways’ losses tripled to KShs36 billion for the 12 months to December 2020, a year in which pandemic disruption led to passenger levels falling to their lowest level since 1999.
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NewsFormer Spirit chief takes vice-chairman role at India’s GoAir
Former Spirit Airlines chief executive Ben Baldanza is to become vice-chairman of Indian carrier GoAir as it looks to strengthen its senior management and develop its ultra-low-cost model.
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NewsAir China strikes deal with GECAS unit to acquire A320neos
Air China has disclosed plans to acquire 18 Airbus A320neos from GECAS subsidiaray AFS Investments.
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NewsIndigo Partners raises £400m after selling more Wizz shares
Indigo Partners has sold just over half of its 17.5% stake of ordinary shares in European budget carrier Wizz Air through a placement to institutional investors.
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NewsAir Baltic to resume non-EU flights
Latvian carrier Air Baltic is to begin restoring flights outside of the European Union, initially resuming services to the Ukraine capital Kiev.
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NewsAir Atlanta Icelandic buys Boeing 747 simulator from British Airways
Air Atlanta Icelandic has acquired one of British Airways’ Boeing 747-400 full flight simulators following the retirement of the type from the UK carrier’s fleet last year.
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NewsEmirates to deepen TAP Air Portugal codeshare
Middle East carrier Emirates is deepening its codeshare with Star Alliance carrier TAP Air Portugal under a fresh agreement.
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NewsWizz Air UK to have four A321neos by end of May
Wizz Air’s UK operation will have four new Airbus A321neos in its fleet by the end of May after today carrying out its first flight with the Pratt & Whitney GTF-powered narrowbody.
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NewsIcelandair returns Boeing 737 Max to revenue service
Following the lifting of the 737 Max’s grounding, Icelandair has resumed commercial flights using the Boeing narrowbody after a nearly two-year break.
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NewsTurkish Airlines posts $836m net loss for 2020 despite freight boost
A strong rise in cargo revenues helped Turkish Airlines end 2020 with a profitable final quarter at an operating level, though the Star Alliance carrier still posted a net loss of $836 million for the full-year.
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NewsRyanair and Wizz fly less than a million passengers between them in February
Ryanair and Wizz Air passenger numbers were down 95% and 87%, respectively, in February as the two European low-cost airlines carried less than a million passenger between them during the month.