Latest Airlines news – Page 256
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NewsChina’s ‘big three’ carriers see leap in May passenger numbers
China’s three largest carriers carried more passengers across their networks in May — the first month-on-month increase since the start of the year, when the coronavirus outbreak pummelled travel demand. Domestic passengers made up the lion’s share of the number of passengers carried, as the outbreak showed signs of ...
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NewsLithuania plans new flag carrier
Lithuania’s government intends to establish a new national airline later this year or early in 2021.
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NewsSwedish and Danish governments back SAS recapitalisation
Sweden’s and Denmark’s governments are backing a capital increase for Scandinavian carrier SAS, which is seeking around SKr12.5 billion ($1.33 billion) in support funding. The Swedish government has submitted a proposal to the country’s parliament for support amounting to SKr5 billion, says SAS. It adds that the Danish government has ...
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NewsCommittee accuses BA of ‘calculated’ bid to shed staff during crisis
Cross-party parliamentarians in the UK have sharply criticised British Airways’ restructuring measures in the wake of the coronavirus pandemic, accusing the airline of a “calculated” attempt to use the crisis to weaken employees’ terms and cut jobs. The transport select committee’s inquiry into the impact of the pandemic on the ...
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NewsSwiss start-up FlyBair plans mid-July debut
Swiss start-up carrier FlyBair is aiming to commence services next month, operating initially to the Spanish resort of Palma de Mallorca. The airline says it will open two routes to the city from Bern and Sion from 18 July. FlyBair had been intending to launch operations in May but postponed ...
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NewsLoss-making Air Namibia should be liquidated: president
Air Namibia should be liquidated, the Namibian president has declared following an address to the country, a suggestion which has met objection from unions. President Hage Geingob was answering questions in the parliament building in Windhoek after delivering his state-of-the-nation speech on 4 June. The loss-making airline had not been ...
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NewsCathay to gradually add capacity in June, July
Cathay Pacific will slowly reinstate capacity in June and July, even as it expects capacity in the subsequent months to continue to be “substantially reduced”. This also marks the first time since the coronavirus outbreak emerged that the carrier will be adding capacity to its already-pared down network. For ...
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NewsSwiss parliament votes for CO2 tax on air tickets
Switzerland’s parliament has voted in favour of introducing an environmental levy on airline tickets.
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NewsUK government issues flight-resumption guidance
UK government officials have published new guidelines aimed at enabling the country’s air transport sector to “bounce back” safely when Covid-19 travel restrictions are eased.
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NewsPakistan prime minister receives ‘detailed roadmap’ on PIA reform
Pakistan International Airlines, which in May suffered a fatal crash in Karachi, must undergo reforms including increasing revenue and upgrading its aircraft, Pakistan’s prime minister Imran Khan has said. The flag carrier’s chief executive Arshad Malik, who was reinstated to his position in March following a court dispute over his ...
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NewsExternal carriers should be handed repatriation services: South African opposition
South Africa’s shadow public enterprises minister is insisting that the government ease air transport pressures by allowing other operators to conduct repatriation services. Ghaleb Cachalia, from the opposition Democratic Alliance party, argues that South African Airways – which has been mired in a drawn-out business rescue process – does not ...
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NewsJet fuel prices firming on stronger crude and tighter supply
Jet fuel prices have continued to increase following the dramatic declines earlier in the year, although with the collapse in demand it remains extremely weak by normal standards. Energy data provider ICIS – which like Cirium is RELX-owned – priced jet fuel for barge delivery to northwest Europe at $309-310 ...
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NewsEuropean Commission approves €1.2 billion bailout for TAP
Portugal has won approval from the European Commission to provide a €1.2 billion ($1.4 billion) state rescue loan to its national carrier TAP to address “immediate liquidity needs”.
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NewsMoldovan start-up HiSky signs for dry-leased A320
Start-up European operator HiSky Moldova has agreed to acquire its first aircraft, an Airbus A320, under a deal with US lessor Air Lease. HiSky Moldova will receive the used aircraft in July, according to the lessor. It intends to operate from its Chisinau base initially to six destinations, including London, ...
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NewsFinnair embarks on €500m share issue
Finnair has embarked on a €500 million rights issue which will centre on the release of up to 1.279 billion new shares in the company to strengthen its equity and liquidity. The issue carries conditions including limiting managers’ salaries up to 2022 and restricting it from making acquisitions. Finnair will ...
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NewsPhilippine Airlines parent slips into first-quarter loss
PAL Holdings, the parent company of Philippine Airlines, has posted an operating loss of Ps6.55 billion ($131 million) for the first quarter of 2020, a sharp reversal of the Ps2.53 billion operating profit in the same period last year. Revenue for the quarter ended 31 March fell 18.3% year on ...
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NewsPilots face career anxiety after coronavirus disruption
With furloughs on the horizon, pilots stress about careers while airlines worry about future pilot pipelines.
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NewsAirlines to post record net loss of $84bn this year: IATA
IATA is projecting airlines will post their largest ever collective net loss this year, totalling $84.3 billion, and will remain in the red in 2021, as the association made its first projection of the scale of industry losses since the coronavirus crisis hit.
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News‘Nothing off the table’ in Cathay business review: Chairman
Cathay Pacific chairman Patrick Healy has warned that “tough decisions will need to be made” by the fourth quarter of the year as part of “right-sizing” efforts.
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NewsGaruda’s revenue impacted by Covid-19 and cancelled Hajj flights
Garuda has shed more light on the impact of the coronavirus pandemic on its operations, with the cancellation of Hajj pilgrimage flights coming on top of the wider collapse in the air travel market. The pandemic has led to lower demand for air travel, a reduction in flight frequencies, ...