Latest Airlines news – Page 242
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NewsProspects for Flybe sale lift as administrators retain licence and slots
Collapsed UK regional operator Flybe’s administrators have been holding talks with parties interested in acquiring the business, with prospects potentially raised by success in retaining the company’s operating licence and slots. Flybe ceased operations in early March this year and is being overseen by four joint administrators. These administrators state ...
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NewsChina’s ‘Big Three’ see full domestic traffic recovery in September
China’s three biggest carriers recorded year-on-year domestic passenger traffic growth for the first time since the coronavirus outbreak began. Releasing their traffic results for September, the ‘Big Three’ — comprising Air China, China Southern Airlines and China Eastern Airlines — each carried more passengers compared to the same month ...
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NewsUganda Airlines’ first A330-800 emerges in full colours
Airbus has rolled out the first A330-800 for Uganda Airlines, following completion of the twinjet’s livery painting. The aircraft, MSN1977, has been shown off in the full colour scheme. Uganda Airlines ordered two of the aircraft last year. The A330-800 is the smaller of the two A330neo variants. Like the ...
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NewsCyberattack probe: How British Airways security flaws let data theft unfold
Cybersecurity investigators have detailed the British Airways customer data theft which has resulted in a £20 million ($26 million) fine being imposed on the UK flag-carrier. The figure is in line with the expectations of parent company IAG, which had disclosed in its first-half results that it was setting aside ...
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NewsGaruda Indonesia details $580 million government funding
Garuda Indonesia has disclosed details of Rp8.5 trillion ($580 million) in government funding approved by parliament in July. This will take the form of a seven-year unsecured bond that will be converted to new shares at maturity. Source: Airbus Garuda Indonesia says government funding is necessary for ...
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NewsHawaii begins virus testing to boost air travel
Hawaii starting on 15 October will allow travellers to submit negative coronavirus test results 72 hours in advance of their flights to bypass its ongoing quarantine for new arrivals to the islands, hoping to boost tourism after months of nearly non-existent air travel. Several carriers, including Honolulu-based Hawaiian Airlines, will ...
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NewsAir Lease delivers first of three A321LRs to SAS
Air Lease has delivered the first of three Airbus A321LRs to Scandinavian Airlines. The CFM International Leap-1A-equipped aircraft is on “long-term lease”, and the remaining two in the deal are scheduled to deliver in 2021, the US lessor says in a 15 October press release. Source: SAS The ...
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NewsHong Kong extends waiver on airport fees until year-end
Hong Kong has extended a relief package for the aviation sector for a further two months until the end of 2020. Airport Authority Hong Kong (AA) says it made the move “in response to the ongoing challenges arising from the Covid-19 pandemic”. Source: Mary416/Shutterstock Parked aircraft in Hong ...
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NewsFirefly reverts to jet operations amid broad restructuring
Malaysian regional carrier Firefly – most recently the subject of speculation that it might become the country’s flag carrier – will commence jet operations from next year, reverting to an earlier plan which was eventually shelved. Announcing the move, parent company Malaysia Airlines says the carrier will add up ...
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NewsEtihad 787-10 operates service through Israeli airspace
United Arab Emirates carrier Etihad Airways has conducted a commercial service through Israeli airspace, with its Milan Malpensa-Abu Dhabi flight. Flight EY88 has a scheduled block time of 6h 5min and typically spends about 5h 25min airborne. The service is normally routed through Turkey and then uses the busy north-south ...
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NewsVaccine key to full travel recovery: Singapore transport minister
Singapore Transport Minister Ong Ye Kung has offered a cautious outlook for air travel amid the coronavirus pandemic. In an interview with Bloomberg television, Ong described the tradeoff leaders faced in March, when covid-19 was less understood and there was a shortage of testing capacity. Source: Greg Waldron ...
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NewsEasyJet’s new finance chief to start on 3 February
EasyJet’s new chief financial officer, Kenton Jarvis, will assume his role at the airline on 3 February 2021. This will be followed by a short handover period with his predecessor, Andrew Findlay, “to ensure a smooth transition”, the carrier states. Source: TUI Kenton Jarvis will take up new ...
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NewsVietnam Airlines warns of big loss for first nine months of 2020
Vietnam Airlines has warned of a consolidated loss of D10.8 trillion ($464 million) in the first nine months of 2020, as the coronavirus pandemic takes its toll on operations. The company adds that it expects consolidated revenues of D23.9 trillion for the first nine months of the year, a quarter ...
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NewsDiverse UAE firm claims intention to bid for Israeli carrier Israir
United Arab Emirates-based investors are intending to bid for the Israeli leisure carrier Israir, one of the country’s main operators. NY Koen Group, a diversified holding company located in Dubai, says it will be submitting a bid to purchase the airline. Israir has a mix of Airbus A320 jets and ...
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NewsLufthansa shifting A350s to Frankfurt to take over 747 routes
Germany’s Lufthansa is to shift a batch of Airbus A350-900s to Frankfurt, where they will take over routes operated by Boeing 747-8s. Lufthansa has so far focused A350 deployment exclusively on its Munich hub. The airline has 43 of the twinjets on order and has received 16 of them. Four ...
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NewsTrump lawyer and former UN ambassador proposed for El Al board
Israeli flag-carrier El Al’s shareholders are to meet in November to approve a new board of directors, including Jason Greenblatt, the former chief lawyer to US president Donald Trump. Greenblatt is one of six directors proposed for the board following the stock issue in September during which El Al underwent ...
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NewsChina Southern prices CNY16 billion convertible bond
China Southern Airlines has announced pricing of an upcoming convertible bond issue that is set to raise CNY16 billion ($2.4 billion) for the carrier. The bonds, convertible to mainland China-listed A-shares, will bear 0.2% interest in the first year, 0.4% in the second year, 0.6% in the third year, 0.8% ...
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NewsChina Eastern parent gets CNY31 billion cash injection
China Eastern Airlines’ parent company, China Eastern Group, has received a CNY31 billion ($4.6 billion) capital boost from four state-owned enterprises. The four companies involved in the capital increase are China Life Investment Holdings, which will inject CNY11 billion; Shanghai Jiushi Group with CNY10 billion; as well as China Guoxin ...
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NewsBritish Airways chief Alex Cruz to step down, succeeded by Aer Lingus head Doyle
British Airways chief executive Alex Cruz is to step down from his position, after four years, to be succeeded by Aer Lingus chief Sean Doyle. Parent company IAG states that the change is part of a management reshuffle that takes place “with immediate effect”, but has not elaborated on the ...
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NewsItalian ministers sign decree establishing Alitalia successor
Italy’s government has signed an air transport decree to establish a new national airline to succeed flag-carrier Alitalia. The government is referring the operator as Newco, but transport minister Paola De Micheli signals that the company’s formal name is ITA, adding that the company will “bring Italy to the world”. ...