All articles by Graham Dunn – Page 69
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NewsLufthansa strikes deal with pilots to avert near-term redundancies
Lufthansa has reached a deal with the Vereinigung Cockpit union covering pilots at its German operations over cost-cutting measures for the rest of the year.
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NewsCommission clears SATA pandemic state aid but probes earlier capital increase
European regulator have backed a Portuguese €133 million support package to help Azores carrier SATA Air Acores through the coronavirus crisis, but is to probe an earlier funding.
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NewsWizz cements Gatwick ambitions by opening new base
Expanding low-cost carrier Wizz Air has further outlined its intent to grow at London Gatwick airport after announcing plans for a single-aircraft base and the launch of four new routes from this October.
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NewsEasyJet confirms axing of three UK bases
Low-cost carrier EasyJet is to close its bases at the London airports of Stansted and Southend, as well as Newcastle, as cuts its UK network to counter lower levels of demand.
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NewsKhona returns to head Indian carrier GoAir as Dube leaves
Former Jet Airways chief executive Vinay Dube is to leave Indian low-cost carrier GoAir after just six months, to be replaced by the carrier’s former boss Kaushik Khona.
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NewsSlow recovery prompts London City to put terminal extension on hold
Plans for a terminal extension at London City airport are being reviewed after the operator decided to pause its development plans at year-end as it adjusts to the post-pandemic travel demand.
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NewsTUI revenues all but wiped out for June quarter
European travel operator TUI Group incurred an operating loss of €1.1 billion ($1.3 billion) for the three months ending 30 June 2020 as revenues were down more than 98% on the same quarter last year.
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NewsCourt clears Irish regional CityJet to exit examinership
An Irish High Court has cleared Irish regional carrier CityJet to leave the formal financial restructuring process it entered in April as the coronavirus crisis struck.
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NewsAir Arabia dragged to half-year loss as second quarter revenues collapse
Air Arabia recorded a net loss of Dhs239 million ($65 million) in the second quarter as the pandemic virtually wiped out passenger revenues during the period and dragged the low-cost carrier into the red for the first-half.
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NewsIndiGo aims to raise up to Rs40bn through equity placement
Low-cost carrier IndiGo’s parent Interglobe Aviatoin has outlined plans to raise up to Rs40 billion ($533 million) through a planned institutional placement.
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NewsMoscow airports top European traffic in pandemic-hit first half
Moscow Domodedovo airport was Europe’s busiest airport for passenger numbers during June, a month in which the impact of the global pandemic was further illustrated by London Heathrow falling outside the top 10 biggest airports during that time.
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Airline BusinessAirline losses mount for second quarter after revenues collapse
Airlines routinely posted losses deeper than the revenue they brought in during the April-June quarter, as the virtual grounding of international scheduled services wiped out much of their business.
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NewsCreditors to vote on Virgin Atlantic restructuring plan on 25 August
Virgin Atlantic creditors will vote on the UK carrier’s restructuring plan at a meeting on 25 August after court proceedings in London yesterday.
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NewsRyanair and Wizz claw back more traffic in July
July traffic figures released today show Wizz Air operated more than 70% of its planned capacity, while Europe’s biggest low-cost operator Ryanair saw its first significant return of passengers since the global pandemic began.
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NewsParis airports operator sees at least five years before full traffic return
Aeroports de Paris is projecting passenger traffic levels at the French capital will not return to last year’s high until the 2024-27 timeframe.
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Airline BusinessSkyTeam chief sees crisis creating fresh focus for airline alliances
SkyTeam is marking the start of its third decade with a fresh focus on supporting industry efforts to rebuild passenger confidence in flying, and on accelerating a ‘contactless’ travel experience offering across its alliance members.
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NewsAlaska eyes Oneworld membership by year-end
Alaska Airlines hopes to complete its entry into Oneworld by the end of the year after the alliance formally invited the US carrier to become its 14th member.
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NewsRyanair to axe Hahn base after pilots reject cost-savings deal
Irish budget carrier Ryanair is set to close its base at Frankfurt Hahn airport in November as part of wider cuts after failing to reach agreement on cost savings with German pilots.
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NewsUK sees health and financial assurances key in restoring air travel confidence
UK transport ministry officials are targeting work around testing as the next stage in building passenger confidence in air travel following the coronavirus pandemic. Source: Heathrow Airport Airlines have begun restoring scheduled passenger services to and from the UK since the government relaxed its quarantine rules, which ...
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NewsAirports see masks as key in virus battle until medical solution
Face coverings provide a necessary alternative to social distancing in the absence to a medical solution to the coronavirus pandemic, airport executives say