Latest Airlines news – Page 272
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NewsCathay mulls cargo-only service on passenger jets to Japan
Following cuts made to its Japan passenger network, Cathay Pacific is considering operating cargo-only services on its passenger aircraft. In a notice sent out to its clients, Cathay’s cargo arm says it only expects passenger belly cargo operations to be impacted by recently-announced cuts. However, it is looking at ways ...
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NewsAir NZ withdraws earnings guidance on coronavirus uncertainty
Air New Zealand is withdrawing its full-year earnings guidance for 2020 “due to increased uncertainty surrounding the duration and scale of the Covid-19 outbreak.” The carrier disclosed on 24 February target earnings before other significant items and taxation of NZ$300-350 million ($189-220 million) for financial year 2020, with an estimated ...
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NewsGaruda working to mitigate coronavirus impact
Garuda Indonesia is seeking to deploy capacity on cargo routes and to renegotiate leases as it seeks to contain the hit of the coronavirus outbreak, The flag carrier intends to boost its cargo revenue and domestic capacity by redeploying aircraft previously used for Indonesia-China services that were suspended on 5 ...
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NewsAlitalia’s Milan operations crippled by Lombardy lockdown
Italian flag-carrier Alitalia is suspending all operations at Milan Malpensa, and limiting Milan Linate to domestic services, following the extraordinary government decree locking down the Lombardy region over the coronavirus outbreak. The airline says it will halt all services at Malpensa, its northern intercontinental base, from 9 March. ...
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NewsIberia hands Spanish slots to Volotea to ease IAG-Air Europa approval
Spanish carrier Volotea is poised to ease Iberia parent IAG’s acquisition of Air Europa, by reinforcing competition on overlap routes that might otherwise attract European regulatory objections. Under a provisional agreement with IAG, Volotea would open at least two, and up to four, bases in Spain in order to pick ...
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NewsLufthansa considers suspending A380 fleet over outbreak
Lufthansa is evaluating a temporary grounding of its entire Airbus A380 fleet as part of capacity cuts in response to the coronavirus outbreak. The Star Alliance airline says it may reduce capacity by up to 50% over the coming weeks – more than previously planned – as a result of ...
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NewsIATA sees ‘partial success’ in call for easing slot rules
IATA has reiterated its call to governments and slot co-ordinators – including those in the European Commission – to ease slot rules, in light of the escalating coronavirus outbreak globally. Speaking at a briefing held after a two-day industry workshop in Singapore, IATA chief economist Brian Pearce says “the evidence ...
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NewsCommissioner invites interest in Alitalia businesses
Alitalia’s extraordinary commissioner has formally invited parties to express interest in all or parts of the airline, setting an 18 March deadline for submissions. Giuseppe Leogrande detailed the invitation in a document, dated 5 March, covering Alitalia and Alitalia Cityliner – both of which are in administration. Offers for various ...
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NewsIATA flags up to $113 billion revenue hit from coronavirus ‘crisis’
Airlines globally could see lost revenues of between $63 billion to $113 billion in 2020, depending on the extent of the coronavirus outbreak, says IATA, as it labels the impact “a crisis”.
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NewsKuwait A330-800 delivery set for third quarter
Kuwait Airways appears set to take delivery of its first Airbus A330-800 in the third quarter of this year. FlightGlobal understands, from a source familiar with the situation, that the airline is working to this timetable following the certification of the -800 in mid-February. Kuwait Airways is configuring the Rolls-Royce ...
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NewsEx-Hawaiian chief Dunkerley among new Airbus board candidates
Airbus is proposing former Hawaiian Airlines chief Mark Dunkerley and ex-Lufthansa Group finance head Stephan Gemkow to join the airframer’s board of directors. The manufacturer has previously disclosed that chairman Denis Ranque is stepping down from his post as chairman, after seven years, following the company’s annual general meeting on ...
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NewsCoronavirus dealt fatal blow to embattled Flybe: shareholder
Impact of the coronavirus outbreak sealed the fate of struggling UK regional carrier Flybe, shareholder Virgin Atlantic has claimed. Virgin Atlantic was one of three investors in the Connect Airways consortium which took over Flybe a little more than a year ago and intended to develop the airline as a ...
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NewsBeleaguered Flybe ceases operations
UK regional carrier Flybe, which was beset by financial woes, has ceased operations and filed for administration. The airline has appointed Alan Hudson, Joanne Robinson, Lucy Winterborne and Simon Edel of professional services firm Ernst & Young as joint administrators, a notice on its website reads. “All flights have been ...
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NewsCoronavirus hit to January traffic the ‘tip of the iceberg’: IATA
IATA data shows that passenger traffic growth slowed to 2.4% in January – the weakest monthly increase since April 2010, and a sharp decrease from December 2019’s 4.6% rise in revenue passenger-kilometres. “January was just the tip of the iceberg in terms of the traffic impacts we are seeing owing ...
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NewsStruggling UK carrier Flybe reportedly set to cease operations
Troubled UK regional carrier Flybe is widely reported to be set to cease operations and file for administration.
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NewsFlydubai bemoans growth lost from 737 Max grounding
Middle Eastern carrier Flydubai is looking to extend leases on aircraft which had been due to leave the fleet next year, to help cope with the capacity problems arising from continued grounding of the Boeing 737 Max. Flydubai has 14 Max jets. It says the airline’s fleet of 42 737-800s ...
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NewsRyanair chief leaves door open to Airbus order
Ryanair group chief executive Michael O’Leary would be open to ordering Airbus A320s – provided the European manufacturer can come up with the right offer. “The A320 is a great aircraft,” he told Cirium at the A4E aviation summit in Brussels, although he stresses that so too is the Boeing ...
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NewsAirline failures loom as outbreak spreads: ISTAT panelists
Global airline capacity in 2020 has declined by nearly 3% as of 2 March compared to the same period in 2019, Rob Morris, global head of Ascend by Cirium, disclosed at an ISTAT event today. Through the week ended 1 March, global capacity had declined by 2% year-over-year, Cirium schedules ...
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NewsHNA Group appeals for government help amid heightened liquidity risk
Hainan Airlines’ parent company, the HNA Group, has requested the Hainan provincial government to set up a working group to look into its risk management efforts. HNA states that it has faced increased liquidity risk of late, in light of the coronavirus outbreak, and was unable to manage the risks ...
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NewsAeroflot weighs options for long-haul fleet
Aeroflot Group is in the process of reviewing options for expanding its long-haul fleet, as well as how planned short-haul growth can be maintained despite uncertainty on the Boeing 737 Max family’s return to service.