Latest Airlines news – Page 266
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NewsFinnair and Juneyao deepen ties despite ‘challenging times’
Finnair has affirmed its commitment to the Chinese market amid “immensely challenging times” with the signing of a letter of intent with Shanghai’s Juneyao Air. The airlines plan to establish a joint venture on the Helsinki-Shanghai route, on which the two carriers have already been codesharing since last June. This, ...
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Wizz Air axes one-fifth of personnel but remains upbeat on prospects
Central European budget carrier Wizz Air is cutting 1,000 personnel, nearly one-fifth of its staff, after its operation was reduced to a bare minimum by the coronavirus crisis. The airline says it has been forced to take the “difficult step” to make workers redundant, adding that it has also carried ...
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NewsEmirates and Etihad add more flights to schedules
Middle Eastern carriers Emirates and Etihad have added more cities to their flight schedules as they resume limited services. Dubai-based Emirates will add services to Jakarta, Manila, Taipei, Chicago, Tunis, Algiers and Kabul, commencing 16 April. It said on 13 April: “Only citizens of the destination country and those who ...
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NewsWhat’s in a name? Taiwan mulls renaming China Airlines
Taiwan is open to renaming national carrier China Airlines, but stressed that it was up to the airline — and the flying public — to ultimately decide.
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NewsSkyWest applies for aid as Washington adjusts terms for regionals
The US Treasury Department will not require carriers that will receive under $100 million in federal payroll grants to provide equity as a condition attached to the coronavirus relief funding following complaints from regional airlines about their unique financial challenges. The decision may simplify matters for SkyWest Airlines, which on ...
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NewsWuhan airport reopens after months-long lockdown
Wuhan’s airport has reopened for operations, ending more than two months’ of inactivity due to the coronavirus outbreak. On 8 April , the Wuhan Tianhe International Airport reopened to a reduced schedule of domestic flights, as Chinese carriers gradually resumed flying to the epicentre of the outbreak. It ...
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NewsAirAsia Group to retain all staff: chief executive
AirAsia Group’s chief executive Tony Fernandes has made a commitment to retain all staff, even with 96% of its fleet grounded. The group has “no revenue coming in”, Fernandes says in a statement published on AirAsia carriers’ websites, alongside ongoing financial commitments such as those to fuel suppliers and leasing ...
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NewsTaiwan rolls out second round of relief for aviation sector
About a month after it first extended a financial lifeline to its aviation sector, Taiwan has unveiled a second round of relief measures to cope with the impact of the coronavirus outbreak. It will provide the sector with credit guarantees and other subsidies. The package is expected to cost the ...
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NewsEtihad doubles down on airframe, cabin maintenance of parked fleet
As it parks about 80% of its fleet amid the ongoing coronavirus outbreak, Etihad Airways has doubled down on aircraft and cabin maintenance work. In a video released on 10 April, the Abu Dhabi-based carrier states it has to date replaced more than 10,000 seat and backrest covers in ...
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NewsBrussels shields its dormant fleet from nesting birds and fading seats
Brussels Airlines has given an insight into the complexity associated with the enforced long-term parking of its aircraft fleet during the coronavirus crisis. It has newly extended the grounding until at least 15 May, and over 50 aircraft in its all-Airbus fleet are being sealed and parked at the Belgian ...
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NewsAir Lease sees decrease in first-quarter deliveries
Air Lease Corporation (ALC) delivered fewer aircraft in the first quarter versus the year-ago period, while its financing activity increased. The Los Angeles-based lessor says in a statement that it delivered eight new aircraft from January to March, comprising two Airbus A320neos, four A321neos, and two Boeing 787-10 Dreamliners. It ...
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NewsNorwegian shareholders to vote on crucial debt-to-equity scheme
Scandinavian budget carrier Norwegian has called a shareholders’ meeting for 4 May to discuss plans to convert debt to equity, in order to meet criteria for the Norwegian government’s state guarantee scheme. The airline is trying to secure NKr3 billion in funding but, while it has met the requirements for ...
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NewsAir Canada to apply for federal wage subsidies
Air Canada is seeking newly available federal wage subsidies for 36,000 domestic employees, including roughly 16,500 workers who have already lost their jobs.
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NewsFastjet poised to renegotiate divestment of Zimbabwean division
Fastjet Group is to hold discussions on potential amendments to the terms of its planned disposal of its Zimbabwean operation, given the financial impact of measures taken to combat the coronavirus outbreak. Investors led by Solenta Aviation Holdings had been planning to acquire the operation before the crisis, and Fastjet ...
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NewsSouth Korean carriers take further measures to cope with coronavirus
South Korean carriers are battling the coronavirus pandemic by placing staff on leave and looking to strengthen their balance sheets. Asiana Airlines announced on 7 April it is increasing the limit on its credit lines with the Korea Development Bank and the Export-Import Bank of South Korea by a total ...
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NewsFastjet’s FedAir division slashes fleet as safari market dries up
Fastjet Group’s Federal Airlines division has entered a restructuring process and given up most of its aircraft after a severe downturn in its business conducting shuttle and charter services to safari reserves in southern Africa. FedAir primarily serves US and European tourists but the coronavirus situation has badly affected these ...
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NewsEuropean air navigation fee deferral aims to assist struggling airlines
Up to €1.1 billion in European air navigation charge payments is being deferred under an agreement intended to assist airlines struggling under the impact of the coronavirus outbreak. Pan-European air navigation organisation Eurocontrol says its members have agreed the deferral as part of a financial package to provide “liquidity support”. ...
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NewsWellington plans reciprocal transit agreements for repatriation
New Zealand will enter into reciprocal transit arrangements with a number of countries to make it easier for both citizens and foreigners to get home. The rapid closure of borders and tightening travel restrictions, along with the resulting decline in commercial airline flights has left many travellers struggling to get ...
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NewsAir New Zealand to lay off 387 pilots: union
Air New Zealand is planning to make 387 pilots redundant amid the coronavirus crisis, their union said today. The New Zealand Air Line Pilots’ Association (NZALPA) said it met with the carrier’s chief executive Greg Foran and his executive team several times on 6 April to discuss cost-cutting measures. “NZALPA ...
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NewsEtihad to test contactless medical screening at airport
Etihad Airways will trial new contactless technology that will help it identify passengers with medical conditions, potentially even those with early stages of the coronavirus. The carrier is partnering with Australian technology firm Elenium Automation to test the new concept later this month at its Abu Dhabi hub. ...