Latest Airlines news – Page 236
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NewsRussian 737 operator Smartavia to bring in A320neos
Russian carrier Smartavia is to switch to Airbus A320neo twinjets next year, planning to lease three of the type to expand its fleet. Smartavia – which was formerly known as Nordavia – is an all-Boeing 737 operator, with 14 aircraft. Its fleet includes 737-800s and -700s, as well as a ...
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NewsEl Al obtains further deferral for final 787 delivery
Israeli flag-carrier El Al has obtained an agreement to extend the period for taking delivery of its final Boeing 787, pushing the date back to the end of March next year. The airline has 15 787s in its fleet and had already been granted a delivery deferral for the last ...
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NewsPhilippine Airlines dismisses restructuring claims
Philippine Airlines has dismissed claims that it is seeking court protection from creditors and looking to raise funds. Parent company PAL Holdings refers to a Nikkei Asia report dated 25 November, which cites contents of a PAL townhall meeting and a meeting between the airline and the Philippine government’s Department ...
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NewsEl Al names Nashville energy firm director as new chief executive
Israeli flag-carrier El Al has named Avigal Soreq as its new chief executive, succeeding Gonen Usishkin who will step down at the end of January next year. Soreq is the chief operating officer of Delek US Holdings, an energy firm based just south of Nashville, Tennessee, and specialising in assets ...
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NewsGovernment risk perceptions a hurdle to air travel bubbles: IATA
Governments’ perception of coronavirus transmission risk is slowing the effort to create more air travel bubbles in the Asia-Pacific.
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NewsIsrair sale trustee expresses concerns over Fortissimo bid
Israeli leisure carrier Israir’s trustee has expressed several concerns to the latest bidder for the airline, investment fund Fortissimo Capital, over its acquisition proposal. Fortissimo emerged as a bidder on 24 November but the airline’s trustee has sought an urgent meeting with the company to discuss problems with the bid. ...
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NewsEl Al survival remains in balance as losses top $400m
Israeli flag-carrier El Al has unveiled a pre-tax loss of $148 million for the third quarter alone, after revenues for the period sank by 94% to less than $40 million. El Al’s performance under the weight of the pandemic crisis brings its overall pre-tax losses for the first nine months ...
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NewsFurther consolidation in Asia-Pacific ‘highly likely’: IATA
IATA has warned that more airline consolidation in the Asia-Pacific region is “highly likely”, if circumstances remain dire for airlines amid closed borders and a slow restart to international travel. At a regional briefing a day after its virtual annual general meeting, IATA regional vice president for Asia-Pacific Conrad Clifford ...
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NewsAirAsia eyes ‘local airline presence’ in IndoChina as domestic markets recover
AirAsia Group is exploring options for an airline presence in IndoChina after narrowing losses in its latest financial results and optimism of strong domestic rebound in the markets it serves. In the group’s financial results for the quarter ended 30 September, AirAsia Group president for airlines Bo Lingam states: ...
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NewsIATA to hold AGM in Boston next June
IATA is to hold its next annual general meeting in Boston in June 2021, the airline trade association has confirmed. The event will be held between 27-29 June 2021 and will be hosted by US carrier JetBlue Airways. Source: Shutterstock It will mark a return to the ...
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NewsIsrael’s El Al to open Dubai flights before year-end
Israeli flag-carrier El Al is to open services to Dubai in the United Arab Emirates, the latest development between the two countries’ air services following normalisation of diplomatic relations. El Al states that it will offer 14 weekly flights to Dubai from Tel Aviv, beginning on 13 December. It will ...
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NewsBOC Aviation, ILFC win civil suits against AirAsia X
Troubled long-haul, low-cost carrier AirAsia X has lost civil suits mounted by two lessors over lease debts for six aircraft.
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NewsAeroflot names GTLK ex-head Poluboyarinov as new chief
Russian flag-carrier Aeroflot’s board has elected Mikhail Poluboyarinov, the former head of state leasing firm GTLK, as its new chief executive. He will succeed Vitaly Saveliev who has been appointed as the new Russian transport minister – while the former transport minister, Yevgeny Ditrikh, is taking over as head of ...
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NewsGaruda gets shareholders’ nod for Rp8.5 trillion government funding
Garuda Indonesia’s shareholders have overwhelmingly approved the sale of convertible bonds — worth up to Rp8.5 trillion ($602 million) — giving the struggling carrier a much-needed financial lifeline to tide through the coronavirus crisis.
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NewsChina in no hurry to return 737 Max to service
China’s civil aviation authorities have reiterated comments made a month ago that there was “no set timetable” to lift the grounding of Boeing 737 Max. In comments reported by state broadcaster CCTV on 19 November, the Civil Aviation Administration of China (CAAC) restated three key rules it laid out in ...
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NewsAirAsia X plunges deeper into red amid ongoing grounding
Troubled long-haul, low-cost carrier AirAsia X widened its quarterly loss, as it remained grounded amid the coronavirus pandemic.
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NewsIsraeli-Arab codeshare to feature in El Al-Etihad co-operation talks
Israeli flag-carrier El Al and United Arab Emirates operator Etihad Airways are to discuss closer ties which could include codesharing on their networks, as well as co-operation in maintenance and freight services. The two airlines have signed a memorandum of understanding to explore closer ties, following the normalisation of diplomatic ...
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NewsRex inks funding agreement for March domestic network launch
Australia’s Regional Express is on track to launch domestic jet operations on 1 March, having signed an agreement for A$150 million ($109 million) funding from PAG Asia Capital and scheduled a proving flight with authorities in early December. “We will debut on the Sydney-Melbourne route with three aircraft on 1 ...
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NewsGreater Bay Airlines approaches lessors for initial aircraft
Hong Kong start-up Greater Bay Airlines has approached leasing companies to acquire its first aircraft with which it hopes to begin operations as early as next summer, Cirium has learned.
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NewsVirgin Australia, Alliance partnership gets regulatory green light
Virgin Australia has been given interim regulatory approval to cooperate on Alliance Airlines on more than 40 regional and short-haul routes, in a move that has drawn the ire of at least one regional competitor.