Latest Airlines news – Page 237
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NewsBahrain’s Gulf Air embarks on initial flight to Israel
Gulf Air operated a special service to Israel on 18 November, following the diplomatic normalisation agreement signed between the two sides. The service, GF972 from Manama to Tel Aviv, carried a flight number reflecting Israel’s international telephone code – continuing the symbolism used by a pioneering El Al flight which ...
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NewsAsiana swings back to profitability in Q3
Asiana Airlines — most recently the subject of an acquisition by rival Korean Air — swung back into the black in its third-quarter earnings, helped by an uptick in cargo revenue and a steep reduction in costs.
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NewsRelaunched Virgin Australia targets mid-market segment
Virgin Australia is setting its sights on the mid-market segment, having completed the sale and transfer to Bain Capital on 17 November. “Australia already has a low-cost-carrier and a traditional full-service airline, and we won’t be either,” chief executive Jayne Hrdlicka states. Source: Virgin Australia Virgin Australia is ...
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NewsAir Nostrum rethink spurs closure of state-aid fleet-funding probe
Investigations into the financing of Spanish regional carrier Air Nostrum’s fleet renewal have been closed, after the airline reviewed its investment plans in the wake of the air transport crisis. The European Commission had opened, in October last year, an in-depth probe into the public support offered by the Valencia ...
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NewsShuttered AirAsia Japan files for bankruptcy
AirAsia Japan has filed for bankruptcy, more than a month since it ceased all operations.
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NewsEasyJet aims to keep fleet to minimum as crisis persists
EasyJet is working to cut back its fleet to just over 300 aircraft for 2021, taking advantage of flexibility in its fleet-development agreements. The airline has 342 Airbus aircraft – of which 215 are owned – comprising 14 A321neos, 206 A320s and A320neos, and 122 A319s. EasyJet has disclosed that ...
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NewsEasyJet keeps capacity leashed as it turns in hefty full-year loss
UK budget carrier EasyJet is expecting to fly no more than 20% of planned capacity during the first quarter of 2020-21, owing to continuing restrictions in its markets. It outlined the forecast as it turned in a full-year pre-tax loss of £1.27 billion ($1.68 billion). The airline says it is ...
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NewsChina’s ‘Big Three’ expand domestic network amid continued recovery
China’s three largest carriers grew their domestic networks in October, tapping into second- and third-tier cities to launch new routes, as they recorded yet another month of domestic traffic recovery.
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NewsUnited launches free coronavirus tests ahead of flights to London
United Airlines has begun offering free coronavirus tests for customers travelling from the carrier’s New York-area hub to London.
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NewsTravel bubbles a ‘big step in right direction’: AAPA chief
The Association of Asia Pacific Airlines (AAPA) sees the establishment of travel bubble arrangements — such as the recently-announced example between Singapore and Hong Kong — as a “big step in the right direction” to restarting cross-border travel amid the coronavirus outbreak.
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NewsKrasAvia introduces ex-Swedish ATR 72s as it awaits Il-114-300s
Russian carrier KrasAvia has started introducing ATR 72-500s to replace older Soviet types, as it awaits the arrival of new Ilyushin Il-114-300s. Krasnoyarsk-based KrasAvia has taken two ATRs, the latest arriving at its Krasnoyarsk base on 14 November. It says the aircraft have been acquired with the support of the ...
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NewsStobart Group still plans airline exit despite Aer Lingus franchise setback
Stobart Group still intends to divest its regional operator Stobart Air by the end of the financial year, despite Irish carrier Aer Lingus’s deciding not to renew a franchise agreement with the company. Aer Lingus has been using Stobart Air for regional connections for several years and Stobart Group had ...
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NewsEtihad becomes latest carrier to schedule UAE-Israel flights
United Arab Emirates carrier Etihad Airways is to open full services between Abu Dhabi and the main Israeli hub at Tel Aviv, from the end of the winter season. Etihad Airways will serve the Tel Aviv route daily, and year-round, from 28 March next year. Its reservations system indicates it ...
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NewsQantas celebrates centenary in shadow of pandemic, quietly hopeful about future
Qantas chief Alan Joyce has expressed optimism about the carrier’s prospects of its ultra-long-haul Project Sunrise, stating that the “business case for that is going to be even better” once the gloom surrounding the coronavirus crisis lifts.
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NewsKorean Air to take over rival Asiana
In a major shake-up of the country’s airline industry, the owner of South Korea’s flag carrier Korean Air has announced a W1.8 trillion ($1.62 billion) takeover bid for embattled rival Asiana Airlines.
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NewsAlliance Aviation acquires Toll Group MRO unit
Australia’s Alliance Aviation will acquire transportation and logistics giant Toll Group’s MRO unit, in what it calls a deal of “great strategic value”.
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NewsCroatia Airlines to shore up liquidity with Kn350m government injection
Croatia Airlines is to hold an extraordinary general assembly to approve a recapitalisation scheme which involves raising Kn350 million ($54.7 million) through a share issue. Under the proposal, to be discussed at the 14 December assembly, the share capital of the airline would increase from Kn277.8 million to Kn627.8 million. ...
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NewsCathay’s ‘very difficult’ October sees first traffic decline in months
Cathay Pacific cut capacity in October — the first time in nearly half a year — as it saw passenger load factor for the month plummet to its lowest since the start of the coronavirus outbreak.
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NewsVietnam clears project funding for new Ho Chi Minh City airport
Hanoi has signed off on funding of VND109 billion ($4.7 billion) for the first phase of Ho Chi Minh City’s new airport, to be located in nearby Long Thanh province. Deputy prime minister Trinh Dinh Dung signed the decision on 11 November, according the Civil Aviation Authority of Vietnam. ...
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NewsAmerican eyes 737 Max delivery deferrals
American Airlines expects to defer Boeing 737 Max deliveries in the coming years but still anticipates acquiring some new Max from Boeing this year.