Latest Airlines news – Page 198
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NewsGaruda to restructure under UK scheme of arrangement
Garuda Indonesia expects to launch a UK scheme of arrangement as part of a restructuring in which it is looking to remove nearly 80 aircraft from its fleet and renegotiate or cancel orders for more than 90, Cirium understands.
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NewsStrauss to leave Amerijet as Karjian steps in as interim chief
Amerijet has appointed Vic Karjian as interim chief executive as the cargo carrier searches for a replacement for Tim Strauss.
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NewsVistara names Kannan CEO; Thng to return to SIA
Vistara will undergo a change of chief executives, with Vinod Kannan to supersede Leslie Thng as the leader of the joint venture between Air India/Singapore Airlines.
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NewsNok Air plans capital and debt restructuring to avoid delisting
Nok Air has outlined plans for a capital and debt restructuring alongside its ongoing business rehabilitation process to improve its financial health and avoid being delisted from the Stock Exchange of Thailand (SET).
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NewsAAPA members commit to carbon neutrality by 2050
Members of the Association of Asia Pacific Airlines (AAPA) have committed to net-zero carbon emissions by 2050, as the association calls for a major effort to develop sustainable aviation fuels (SAF). AAPA director general Subhas Menon announced the commitment during a media roundtable with journalists. He notes that the AAPA’s ...
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NewsUS carrier Breeze raises A220 order to 80 aircraft
US carrier Breeze Airways is ordering another 20 Airbus A220-300s, as it prepares to receive its first of the type in the fourth quarter. Airbus says the order for the twinjets, previously undisclosed, brings Breeze’s overall commitment to 80 A220s. The airline, which commenced services in May, intends to introduce ...
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NewsSalamAir steps up capacity with A321neo introduction
Omani low-cost carrier SalamAir has introduced its first Airbus A321neo, stepping up from its fleet of smaller A320neos. The aircraft, MSN10483, is a CFM International Leap-1A-powered airframe delivered through lessor GECAS. SalamAir says the twinjet (A40-OXA), configured with 212 seats, will be the first A32neo to be operated by an ...
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NewsBahrain’s Gulf Air fixes date to open Israeli service
Middle Eastern carrier Gulf Air is to open its service from Bahrain to the Israeli hub Tel Aviv at the end of September. Gulf Air is opening the Israeli route following last year’s diplomatic recognition agreement between the two countries, which formed part of the broader Abraham Accords pact. While ...
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NewsEl Al must sell aircraft and part of frequent-flyer programme for state aid
Israeli flag-carrier El Al has been told it must sell aircraft and a substantial portion of its frequent-flyer programme as part of the government’s conditions for receiving financial aid. The ministry of finance had indicated in August that it was prepared to offer conditional support to Israeli operators. It has ...
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NewsNok Air faces delisting risk without rehabilitation timeline
The Stock Exchange of Thailand (SET) has given Nok Air one month to set a timeline to implement its rehabilitation plan.
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OpinionUnited cuts Q3 earnings expectation as ‘Delta’ variant slows bookings
United Airlines has seen “deceleration” of third-quarter income due to increased fear among travellers about the “Delta” variant of Covid-19.
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NewsRyanair enforces post-Brexit sales of non-EU shareholdings
Budget carrier Ryanair has disclosed that it has recorded several instances of non-European Union investors’ failing to comply with disposal requirements after acquiring shares in the airline. Ryanair is an EU airline which means it must be controlled by EU shareholders. The UK’s final ‘Brexit’ withdrawal from the EU on ...
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NewsEasyJet reveals rejected takeover approach as it prepares £1.2bn equity raise
UK budget carrier EasyJet has disclosed that it rejected a preliminary takeover approach from a potential bidder, as the airline prepares to reinforce its balance sheet with a £1.2 billion ($1.65 billion) share issue. EasyJet has not disclosed the prospective bidder’s identity, but says it “carefully evaluated” the approach before ...
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NewsAirAsia Group says sufficient liquidity through 2022, as losses narrow
AirAsia Group narrowed its second-quarter losses on the back of a surge in revenue, as it forecast “sufficient liquidity throughout 2022”.
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NewsOffsetting just part of climate change action: British Airways chief
British Airways chief executive Sean Doyle believes the carrier is demonstrating its commitment to meeting emissions targets goes well beyond offsetting measures after unveiling a fresh programme of initiatives tackling the impact of climate change.
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NewsLufthansa Cargo to lease A321 freighters through BBAM
Germany’s Lufthansa Cargo is to lease a pair of Airbus A321 converted freighters through a long-term agreement with lessor BBAM. Lufthansa Cargo had stated in July that it would “permanently” convert two A321s into freighters, to expand its cargo transport capabilities, from early 2022. The aircraft will be operated by ...
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NewsMalindo Air coy about taking 737 Max aircraft
Malaysian carrier Malindo Air says it has not revealed any plans about adding Boeing 737 Max aircraft to its fleet, after the country lifted the operational ban on the type.
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NewsIrish start-up Emerald secures air operator’s certificate
Ireland’s civil aviation regulator has granted an air operator’s certificate to start-up Emerald Airlines, the carrier set to take over as an Aer Lingus regional franchise partner. Emerald Airlines conducted an ATR 72-600 proving flight on 3 September – operating from Dublin to Cork – and the aircraft (EI-GPP) has ...
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NewsFailure to agree pricing spurs Ryanair and Boeing to end Max 10 order talks
Ryanair and Boeing have ended discussions over a potential 737 Max 10 order, citing an inability to reach agreement on pricing for the variant. The budget airline’s chief, Michael O’Leary, had already indicated on 31 August that the two sides were not making much progress on closing a “gap” on ...
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NewsPhilippine Airlines to cut 22 aircraft: report
As part of its restructuring, Philippine Airlines (PAL) aims to reduce its fleet by 22 aircraft, mainly by returning aircraft to lessors.