Latest Airlines news – Page 209
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NewsJet Airways gets final nod to execute resolution plan
Jet Airways has secured the final approval from India’s adjudicating body for its resolution plan, paving the way for the grounded airline to fly again after a more-than-two-year corporate insolvency resolution process.
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News‘Remiss’ to overlook business travel comeback: Star Alliance chief
While leisure travel will likely be first to pick up after being battered by the coronavirus pandemic, airlines “would be remiss” to underestimate the return of business travel demand, says Star Alliance chief executive Jeffrey Goh.
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NewsJapan gives pandemic-hit airlines a shot in arm
The Japanese government has rolled out a series of measures — including slashing taxes and fees and extending financial loans — to support the country’s pandemic-hit airline industry.
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NewsLawmakers oppose bankruptcy or liquidation of Garuda Indonesia
Indonesian lawmakers voiced opposition to the bankruptcy or liquidation of embattled flag carrier Garuda Indonesia in a parliamentary hearing on 21 June, as the airline’s executives revealed further details on its downsizing of operations.
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NewsAsia airline leaders cautious on short-term recovery
After a tough 2020, Asia-Pacific airline executives caution that challenges related to the coronavirus pandemic have yet to be left behind.
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NewsThailand eyes international traffic recovery ‘before 2025’
Thai authorities expect international passenger numbers to hit pre-pandemic levels “before 2025”, as the country inches towards welcoming back visitors in the tourist hotspot of Phuket.
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NewsSingapore competition regulator seeks feedback on SIA-ANA tie-up
The Competition and Consumer Commission of Singapore (CCCS) is seeking public feedback on the proposed joint venture agreement between Singapore Airlines and All Nippon Airways (ANA).
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NewsVietnam Airlines to get D4 trillion in loans: reports
Debt-ridden Vietnam Airlines is expected to receive loans totalling D4 trillion ($174 million) from three Vietnamese banks, according to state media reports.
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NewsNorwegian names new chief executive after voting to end Schram’s tenure
Scandinavian budget carrier Norwegian has named Geir Karlsen, the airline’s chief financial officer, as its new chief executive with immediate effect. The airline’s board voted on 20 June to end the tenure of previous chief Jacob Schram, who was appointed little more than 18 months ago as the beleaguered carrier ...
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NewsTemasek shores up SIA convertible bond issue
Singapore sovereign wealth fund Temasek Holdings has provided strong support to a recent fund raising exercise by the Singapore Airlines Group.
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NewsJAL conducts flight with two types of Japan-made SAF
Japan Airlines operated its first commercial flight loaded with two different types of Japan-made sustainable aviation fuel (SAF) on 17 June.
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NewsHold-up to AOC forces start-up Green Africa to postpone initial flights
Nigerian start-up carrier Green Africa Airways has been forced to postpone initial services, after a delay to its air operator’s certificate. The Lagos-based regional operator had been aiming to commence flights on 24 June across a network of seven domestic destinations using ATR turboprops. But while it has been in ...
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NewsCathay Pacific expects half-yearly losses to narrow
Embattled Cathay Pacific struck a cautiously optimistic tone in its outlook for the rest of the year, anticipating a narrowed half-yearly loss and the gradual reinstatement of capacity in the coming months.
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NewsGaruda Indonesia suspends payment under $500 million sukuk
Garuda Indonesia has deferred payment of a periodic distribution on its $500 million sukuk trust certificate after a two-week grace period lapsed on 17 June.
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NewsANA Group to use SAF on Tokyo flights from July
ANA Group will use sustainable aviation fuel (SAF) on flights departing from Haneda and Narita, starting July.
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NewsStay on AirAsia X’s creditors extended by nine months
AirAsia X has been granted by the High Court of Malaya a nine-month extension of a restraining order on creditors.
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NewsAir NZ defers 787 deliveries, forecasts record full-year loss
Air New Zealand will delay taking delivery of more Boeing 787s for at least a year, as the carrier expects to plunge deeper into the red for its full-year financial results.
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NewsFlyr confirms 30 June launch after receiving AOC
Norwegian start-up Flyr has received its air operator’s certificate and will initiate service between Oslo and Tromso on 30 June.
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NewsDigitised Covid-19 records key to smooth restart: IATA Asia chief
IATA’s Asia-Pacific head has highlighted the importance of digitising the process of checking passengers’ vaccination and coronavirus test status.
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NewsPhilippine Airlines to restructure amid widening full-year losses
Philippine Airlines (PAL) is working towards “a comprehensive restructuring plan”, as the embattled carrier widened its full-year losses on what it called the “extraordinary impact” of the coronavirus pandemic.