Latest Airlines news – Page 228
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NewsEl Al remains in limbo as Israeli government curbs air travel
Israeli flag-carrier El Al has prolonged the furlough of close to 5,000 personnel at least until the end of February, as the government imposes restrictions on air services. El Al says it has “decided to extend” the unpaid leave of employees until 28 February, putting the figure at 4,864 staff. ...
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NewsANA to retire domestic large aircraft ‘ahead of schedule’
All Nippon Airways will retire large aircraft operating domestic flights “ahead of schedule” — and cut their utilisation by half — as it discloses that domestic operations will “make up the core” of its earnings in the coming financial year, which begins on 1 April.
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NewsCebu Pacific outlines $250m convertible preferred shares issue
Cebu Pacific has outlined the details of a $250 million stock rights offering, which it intends to use to finance its debt obligations.
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NewsQuarantine moves prompt Cathay to flag higher cash burn and capacity cuts
Cathay Pacific Group expects monthly cash burn to increase by around HK$300-400 million ($38.7-51.6 million), following the Hong Kong government’s decision to impose mandatory quarantine measures on all flight crew entering the city for more than two hours.
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NewsControl of leisure carrier Israir finally handed to new owner BGI
Israeli leisure carrier Israir’s trustee has disclosed that the sale of the airline to new owners BGI Investments has been completed, after a long competitive bidding process. The trustee has informed a Tel Aviv court that, following approval of the BGI bid on 1 January, the sale was completed on ...
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NewsTurkmenistan to take first Airbus jets through A330 freighter conversion
Turkmenistan Airlines has ordered a pair of Airbus A330-200 converted freighters, the first time the Central Asian operator has signed for the airframer’s aircraft. The aircraft are set to be delivered in 2022, following the modification work. Airbus has not detailed the source of the airframes to be converted. Turkmenistan ...
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NewsHong Kong’s Greater Bay Airlines seeks rights to fly to over 100 cities
Hong Kong’s newest carrier Greater Bay Airlines has formally applied for air transportation rights to operate to more than 100 points in the Asia-Pacific region.
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NewsAir Austral’s first A220 rolls out in full livery
Reunion-based carrier Air Austral’s first Airbus A220-300 has rolled out of the paintshop sporting the airline’s distinctive livery. The airline ordered three of the twinjet type in October 2019. Airbus has shown off the first of the Pratt & Whitney PW1500G-powered aircraft to be painted, with a vertical fin illustrating ...
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NewsStalled recovery prompts KLM to deepen job cuts
Dutch carrier KLM is to cut up to 1,000 more jobs as a result of the later then expected recovery in travel demand from the pandemic.
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NewsStronger Norwegian business plan convinces government to offer support
Norway’s government has signalled that it is prepared to offer financial support to budget carrier Norwegian, to assist with the restructuring airline’s recovery, but has laid out a number of conditions. The government is stressing that it has no intention of becoming an owner of the carrier. Trade minister Iselin ...
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NewsMalaysia Airlines gets UK court green light for creditors’ meeting
Malaysia Airlines’ parent company has been given the green light by the UK courts to commence a “major component” of its restructuring programme, which it hopes to wrap up by the end of the first quarter of this year.
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NewsCanada’s Cargojet to acquire two 777Fs, five 767Fs
Canadian freight airline Cargojet intends to acquire five Boeing 767 Freighters and two 777Fs in the coming years – enabling it to meet increasing demand for air cargo.
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NewsIcelandair Group to divest tour operator following hotel sale
Icelandair Group is to sell its tour operator subsidiary Iceland Travel, as part of the continuing concentration on its flight operations activities. The wholly-owned subsidiary had been classified, along with hotel firm Icelandair Hotels, as an asset held for sale in 2019. Icelandair Group sold a 75% share in the ...
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NewsAir Canada caters for passengers’ anxiety as it details 737 Max re-introduction
Air Canada is to return the Boeing 737 Max to service at the beginning of February, after the Canadian civil aviation regulator detailed the requirements for clearing the aircraft for flight. Transport Canada has disclosed an airworthiness directive covering the technical modifications and specific crew procedural changes that 737 Max ...
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NewsChina Eastern sees senior management reshuffle
China Eastern Airlines vice president Jiang Jiang has resigned from his role, amid broader senior management changes that will see replacements in its supervisory committee.
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NewsLease negotiations with Thai reaching ‘critical phase’: AA4
Negotiations between Thai Airways International and one of its lessors Amedeo Air Four Plus (AA4) over the future of four Airbus A350-900s are reaching a “critical phase” as the airline is due to finalise its restructuring plan next month.
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NewsVirgin Australia shakes up management team under new chief
Virgin Australia has announced six appointments to its 10-member executive leadership team, under new chief executive Jayne Hrdlicka.
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NewsBudget airline Pobeda proves resilient as Russian full-year traffic halves
Russian airlines’ passenger traffic halved over the course of last year, official figures from the federal air transport regulator show. Rosaviatsia states that overall traffic was down by 52% with passenger numbers down 46% to 69.2 million. But the fall was not indiscriminate across the Russian carriers. Aeroflot Group’s budget ...
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NewsChina's 'Big Three' cap off 2020 with lower passenger traffic results
China’s three largest carriers reported year-on-year declines in their full-year traffic results for 2020 as the coronavirus outbreak impacted travel demand, particularly in their international networks.
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NewsWizz takes advantage of UAE-Israel ties to open Abu Dhabi-Tel Aviv
Wizz Air is the latest operator to take advantage of the political agreement between the United Arab Emirates and Israel, with plans to serve the Abu Dhabi-Tel Aviv route. The airline will open the connection on 12 February, through its new Middle Eastern division Wizz Air Abu Dhabi. This division, ...