All articles by Graham Dunn – Page 67
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NewsEuropean regulators propose extending temporary state aid exemptions
European Commission regulators are proposing extending by a further six months and widening the scope of the temporary relaxations around state aid rules under which a string of airlines have been supported through the global pandemic. As the coronavirus crisis hit the Commission introduced, through three separate amendments, temporary measures ...
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NewsRyanair traffic falls back down in September as restrictions hit
Passenger numbers fell back again in September at low-cost carrier Ryanair as increased travel restrictions halted the pick-up in air demand. Ryanair traffic levels had started increased in July and August after flatlining during the crisis peak of the coronavirus crisis amid a swathe of travel restrictions. Source: ...
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NewsBA adds back Bahrain and South Africa as part of October expansion
British Airways today resumed flights to Johannesburg, Cape Town and Bahrain, part of a number restored routes as it steps up its network this month after suspending a swathe of services during the global pandemic.
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NewsAir Astana reshapes fleet to ride out pandemic
Air Astana has almost completed the early replacement of its Boeing 757s with Airbus A321LRs and of its Embraer 190 regional jets with E190-E2s as it adapts its fleet requirements to the new market environment.
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NewsBidder drops out of running for Glasgow Prestwick airport
A preferred bidder for Glasgow Prestwick airport has pulled out, Scottish ministers have disclosed today.
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NewsLufthansa cancels Indian flights amid route rights row
Lufthansa is calling for a temporary agreement between Germany and India after it was forced to cancel flights to the country until 20 October amid a row over access under the current travel bubble arrangements. Germany was one of several countries India negotiated a “travel bubble” agreement with in the ...
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NewsRussian domestic traffic tops pre-crisis levels in August
Fresh data published by airline association IATA shows passenger traffic in the Russian market surpassed 2019 levels, but that it was a far from uniform picture of improvement across key domestic markets.
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Airline BusinessAir Astana puts post-crisis focus onto domestic and leisure markets
Strong business in the Kazakh domestic market and an increased focus on point-to-point and leisure routes are key to revamped activity at Air Astana as the global pandemic continues to change the airline market.
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NewsIATA lowers 2020 passenger traffic hopes on stalled recovery
Airline trade body IATA has lowered its expectations for global passenger traffic this year amid a plateauing in the recovery and bleaker forward booking indicators. IATA now anticipates passenger traffic, as measured in RPKs, this year will be 66% down on 2019 levels. This marks a deterioration on its previous ...
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NewsCMA CGM to take stake in French airline parent in freight push
Shipping transport and logistics group CMA CGM has signed a memorandum of understanding to take a 30% stake in Groupe Dubreuil Aero, shareholder of carriers Air Caraibes and French Bee.
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Airline BusinessWhere the airline industry was when the music stopped
Another year of strong profit and traffic growth in 2019 for leading carriers illustrates the highs the industry had reached before the coronavirus pandemic, but offered no warning of the crisis to come that has pushed airlines to the brink.
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NewsTravel restrictions prompt Wizz to put St Petersburg launch on hold
Expanding Central European carrier Wizz AIr has been forced to put plans to launch its first Russian base on hold as a result of fresh travel restrictions.
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NewsNorway extends airline loan guarantee scheme until year-end
Norway is to set extend its aviation loan guarantee scheme until the end of the year in a move it hopes will make it more attractive to airlines.
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NewsEasyJet taps TUI aviation head Jarvis for finance role
EasyJet has named TUI Group’s aviation head Kenton Jarvis as its new chief financial officer, where he will team up again with chief executive Johan Lundgren.
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NewsGulf Air chief Kucko to step down
Gulf Air chief executive Kresimir Kucko is to step down from the role at the end of September after almost three years at the helm.
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NewsSwedavia cites commercial case for early closure of Stockholm’s Bromma airport
Swedish state-owned airports operator Swedavia has set out the commercial case for the early closure of Stockholm’s Bromma airport in an impact assessment carried out for the government in the light of the global pandemic.
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NewsGreenpeace to launch legal challenge over KLM state aid
Environmental group Greenpeace is to launch a legal challenge to block the Dutch government’s planned €3.4 billion ($4 billion) rescue support for national carrier KLM arguing green conditions tied to the bailout are not strong enough.
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Airline BusinessAirports face long wait for air traffic return
Whilst the crisis facing airlines has dominated most of the headlines since the collapse of air transport demand from the global pandemic, the symbiotic nature of their relationship means airports are facing their own financial pressures from the slump in passenger numbers.
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Airline BusinessWhy transatlantic return matters so much to airlines
When Virgin Atlantic broke the news it would need to cut over 1,000 more jobs, even having secured its future within £1.2 billion ($1.6 billion) in refinancing commitments, it underlined just how damaging the failure to reignite the key transatlantic market was.
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NewsSingapore Airlines to slash 4,300 jobs across group as pandemic takes toll
Singapore Airlines Group is to cut 4,300 positions across its airlines in a further sign of the scale of the impact of the coronavirus pandemic on the air travel industry. SIA expects to only be operating less than half its capacity by the end of the current financial year in ...