Latest Airlines news – Page 257
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NewsCathay Pacific set to receive big government bailout
The Hong Kong government has stepped in to provide beleaguered Cathay Pacific with a financial lifeline, as part of the airline’s group HK$39 billion ($5 billion) recapitalisation plan. Cathay, which has been hard hit by a collapse in travel demand from the coronavirus outbreak, states that the recapitalisation plan ...
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NewsLufthansa secures €600 million state aid package for Austrian
Austria’s government has agreed with Lufthansa Group a financial support package for Austrian Airlines worth €600 million ($667 million) to secure its future operation as a network carrier in Vienna
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NewsAirlines mount legal challenge against UK quarantine measure
British Airways, EasyJet and Ryanair have started legal proceedings against the UK government over the introduction of a mandatory 14-day quarantine measure for travellers arriving in the country from 8 June.
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NewsSAA unions force further delay to business plan publication
South African Airways’ rescuers are seeking creditors’ approval for a further postponement to the deadline for publishing a business plan for the embattled flag-carrier. The rescue practitioners have previously secured four extensions to deadlines for publishing a plan – the most recent to 8 June – since SAA entered the ...
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NewsMalaysia Airlines names new chairman
Malaysian prime minister Muhyiddin Yassin has appointed Wan Zulkiflee Wan Ariffin group chairman of Malaysia Airlines’ parent company, Malaysia Aviation Group (MAG), effective 1 July. Muhyiddin announced on 6 June that Wan Zulkiflee will succeed Md Nor Yusof, who resigned from the carrier in March 2019. Concurrently, Muhammad Taufik Aziz, ...
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NewsChinese domestic market strengthens in early June
For the first time in over four months, Chinese carriers transported more than one million passengers on 5 June, marking a gradual recovery for the industry after being hard hit by the coronavirus outbreak. The Civil Aviation Administration of China (CAAC) states that domestic carriers flew about 1.04 million ...
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NewsFiji Airways converts ATR 72 for freight operations
Fiji Airways has converted one ATR 72-600 into a freighter configuration for cargo operations. The turboprop, operated by regional subsidiary Fiji Link, flew its first freighter flight from the Fijian capital of Nadi to Port Vila, carrying 3.8t of cargo including medical supplies. Source: Fiji Airways ...
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NewsUS airlines win DOT approval to deepen network cuts
The US Department of Transportation (DOT) will grant 15 carriers exemptions from their air service commitments in exchange for federal assistance, following a revision to its initial requirement that airlines had to maintain service to all destinations in their networks prior to 1 March. The DOT notice published on 3 ...
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NewsGovernment offers to buy El Al shares under revised funding scheme
Israel’s government has pledged to acquire shares in El Al if necessary, under a revised scheme to provide additional liquidity to the flag-carrier. El Al has been negotiating a $400 million loan with a state-backed guarantee, but the discussions have yet to be finalised. The Israeli finance ministry has outlined ...
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NewsAirAsia evaluating proposals to raise capital
The AirAsia Group is evaluating proposals to strengthen its equity base and liquidity through a capital raising exercise, as it works to overcome challenges caused by the coronavirus pandemic.
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NewsAmazon to boost fleet with 12 Boeing 767s from ATSG
Amazon Air has agreed leases for an additional 12 Boeing 767-300 freighters from Air Transport Services Group (ATSG), which are scheduled to be delivered by the end of 2021. Amazon announced the deal on 3 June, stating the expansion of its fleet is part of its efforts to deliver goods ...
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NewsVirgin Atlantic to resume services with five US and Asian destinations
UK long-haul operator Virgin Atlantic is aiming to restore passenger services from 20 July, unveiling an initial set of routes to US and Asia-Pacific destinations. Virgin Atlantic plans to add further routes in August. The carrier says it will resume passenger operations from London Heathrow to Hong Kong and Orlando ...
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NewsParliamentarians grasp at BA slots and ownership as carrier plans job cuts
Parliamentarians have urged the UK aviation minister to explore whether pressure can be put on British Airways’ lucrative slots at London Heathrow to deter the carrier from measures to shed thousands of jobs. Under-secretary of state for transport Kelly Tolhurst, who has responsibility for aviation, was even asked if the ...
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NewsOver 30 Russian carriers seek government pandemic subsidies
Eighteen Russian operators have been approved to receive subsidies under a Rb23.4 billion ($339 million) government programme to ease financial pressures during the coronavirus crisis. Another 13 have applied, says federal air transport regulator Rosaviatsia, but the documentation for these applications is still undergoing review. The government set out the ...
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NewsChina eases international flight restrictions
The Civil Aviation Administration of China (CAAC) will allow more foreign carriers to fly into Mainland China, as it rolls out incentives for airlines based on passengers not testing positive for the coronavirus. From 8 June, foreign airlines which were previously not allowed to operate to China will now ...
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NewsAustralia, New Zealand up domestic capacity as restrictions ease
Carriers in Australia and New Zealand will operate at increased capacities in the next few months as coronavirus-related social distancing and travel restrictions are eased. Qantas and Jetstar will increase domestic and regional flying in June and July, raising capacity by 5% by the end of June, to 15% of ...
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NewsBerlin’s Tegel airport to remain open until November
The operator of Berlin’s Tegel International airport, the primary airfield for commercial passenger service to the German capital, has decided to keep the cold-war era field open through October as travel restrictions ease following the global coronavirus pandemic.
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NewsTUI rejigs 737 Max deliveries as part of compensation deal
Leisure giant TUI Group is has rejigged Boeing 737 Max deliveries to reduce the intake over the next few years, under a broad agreement with the airframer to compensate for the type’s grounding. TUI Group says it has revised the delivery schedule for the 61 Max jets on order, postponing ...
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NewsIATA sees April as turning point in Covid-19 crisis
April may have brought the beginnings of a recovery in global airline traffic after its obliteration at the hands of the coronavirus, IATA has suggested.
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NewsComair to cut fleet and remain inactive until November
South African carrier Comair requires a substantial cash injection and is unlikely to resume operations until at least November. Its fleet will also be reduced to 16 aircraft, comprising 13 Boeing 737-800s and three spare 737-400s. The airline’s business rescue practitioners have outlined the situation to creditors and employee representatives. ...