Latest Airlines news – Page 229
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NewsSIA issues $500 million dollar-denominated discount bonds
Singapore Airlines plans to issue $500 million of bonds at a discount to par.
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NewsCongo Airways enhances Embraer order with a pair of E195-E2s
African carrier Congo Airways has ordered another pair of Embraer E2 regional jets, with an agreement to take two E195-E2s. Congo Airways had previously ordered two of the smaller E190-E2. Embraer values the overall package of four aircraft at $272 million, at catalogue prices. The Congo Airways order will be ...
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NewsMiddle East’s Jordan Aviation discloses plans for US services
Middle Eastern carrier Jordan Aviation is seeking to open scheduled services to the USA within the next four months. The privately-owned airline has not detailed its intended route network. Royal Jordanian Airlines already serves routes from Amman to New York JFK and Chicago. While it aims to commence scheduled services ...
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NewsSAS chief Gustafson stepping down to take top post at industrial firm
Scandinavian carrier SAS’s chief executive, Rickard Gustafson, is to step down from the position and leave the company after a decade in charge. Gustafson will leave by the beginning of July, the airline states, taking up the chief executive role at Swedish industrial group SKF, succeeding Alrik Danielson. SKF specialises ...
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NewsDAE Capital’s aircraft sales drop by nearly a third in 2020
DAE Capital’s total aircraft sales dropped by nearly a third year-on-year in 2020.
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NewsBahrain lifts restrictions on Qatari flights after Al-Ula summit
Bahrain’s air navigation service has updated NOTAMs to remove restrictions on Qatari services, following the recent reconciliation agreement reached at a Gulf Co-operation Council summit. Qatar does not have its own flight information region. Its airspace is contained within the Bahraini FIR. The kingdom’s aeronautical information publication has featured restrictions ...
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NewsSaudi airspace access simplifies passage for Qatar Airways flights
Qatar Airways has begun redirecting flightpaths through Saudi Arabian airspace, after the lifting of a blockade imposed more than three years ago. The airline’s service to Johannesburg – flight QR1365, operated by an Airbus A350-900 – crossed into eastern Saudi airspace shortly after its departure during the evening of 7 ...
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NewsIsrair pilot-training pact with Etihad deepens UAE-Israeli ties
Israeli leisure carrier Israir has signed with Abu Dhabi’s Etihad Aviation Group for Airbus A320 simulator training, further tightening Israeli-United Arab Emirates ties following a recent political normalisation agreement. Etihad Aviation Training will offer cockpit crew training for Israir, under a pact through which the airline will dry-lease full-flight simulators ...
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NewsUK’s Titan receives first of three converted A321 freighters
UK operator Titan Airways’ is to introduce three Airbus A321 converted freighters to its fleet, with the first one newly redelivered from modification specialists ST Engineering and EFW. Powered by CFM International CFM56 engines, the aircraft, MSN1238, was originally delivered to MyTravel Airways in 2000, and subsequently operated by Thomas ...
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NewsRyanair cuts passenger forecast as it condemns latest travel restrictions
Ryanair has cut its full-year activity forecast after tighter travel restrictions in the UK threatened to limit its passenger numbers over its fiscal fourth quarter. The airline expects to have transported 26-30 million passengers by the end of the year, compared with its previous forecast of up to 35 million. ...
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NewsVietnam starts building new airport for Ho Chi Minh City
Vietnam has broken ground for the first phase of a new airport for the city’s commercial centre of Ho Chi Minh City.
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NewsThai Airways gets extra month to submit restructuring plan
Thai Airways International has been granted a one-month extension of the deadline to submit its rehabilitation plan which will outline how its business will be restructured.
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NewsCathay to resume limited number of UK flights
Cathay Pacific will operate a handful of flights from Hong Kong to London Heathrow from 12 January, but return services will remain suspended.
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NewsGovernment deposits initial funding for Montenegro Airlines successor
Montenegro’s government has acted swiftly to start establishing a successor to the country’s defunct flag-carrier Montenegro Airlines. The carrier ceased operations on 26 December after the government refused to continue supporting the heavily-indebted company. But the government has formally registered a new company, depositing €4 million ($4.9 million) in founding ...
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NewsEl Al names former Avgol executive as new finance chief
Israeli flag-carrier El Al has named Yitzhak Eliav as its new chief financial officer, following the departure of Dganit Palti last year. He took up the post on 4 January, the airline states. Eliav was formerly the head of finance and vice-president of operations at Avgol Industries, a specialist manufacturer ...
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NewsKorean Air moves closer towards Asiana acquisition
Korean Air has gained approval from its shareholders to amend its articles of association to help finance its planned acquisition of compatriot Asiana Airlines, moving the carrier a step closer to taking over its rival.
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NewsVietnam Airlines to raise $350m equity from shareholders
Vietnam Airlines plans to issue D8 trillion ($350 million) worth of ordinary shares for sale to existing shareholders to supplement working capital and pay down debt.
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NewsEasyJet restricts voting power of shares held by non-EU interests
Budget carrier EasyJet has started suspending voting rights for certain shares which are still held by non-European Union interests, in order to comply with EU ownership regulations. EasyJet holds an EU operating licence and, as a result, needs to be majority-owned by EU and associated nationals. But EasyJet’s shareholder structure ...
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NewsQantas eyes international network restart in July, amid government criticism
Qantas is looking to restart international flights from July, in a move that has earned the rebuke of the Australian government.
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NewsT’way to acquire A330s for long-haul expansion
Korean low-cost carrier T’way Air has signed a Letter of Intent to acquire Airbus A330-300s, as it looks to tap into the medium- to long-haul market.