Must read – Page 62
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Airline BusinessAirline coronavirus recovery tracker: November 2020 update
Our regular examination of the latest global data for several key airline market indicators, including traffic and capacity in passenger and cargo markets, airport passenger throughput, in-service and stored fleets, jet fuel costs, and share price trends for the world’s largest groups.
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NewsWhat messages do BA and EasyJet chiefs have for Greta Thunberg?
Sustainability was firmly establishing itself as the airline industry’s greatest long-term challenge before the coronavirus pandemic hit.
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NewsWet-lease operator Hi Fly to axe A380 in favour of A330s
Portuguese operator Hi Fly is ending its Airbus A380 services, just two-and-a-half years after taking on the type to explore its potential for the wet-lease market. Hi Fly acquired a former A380, MSN6, in mid-2018. The aircraft, powered by Rolls-Royce Trent 900 engines and configured with 471 seats, had been ...
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NewsTrump or Biden: How might aerospace fare?
How might a Joe Biden presidency impact the aerospace sector differently than another four years with President Donald Trump in the White House?
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Airline BusinessIstanbul airport chief on guiding a new hub through the Covid crisis
The chief executive of Istanbul’s nascent hub describes how the coronavirus crisis hit the business just after a huge capital investment – and how he plans to ensure it emerges from the downturn as a strong global player
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NewsCapacity concerns forgotten as embattled Berlin Brandenburg finally opens
One of the ironies of Berlin Brandenburg airport’s much-delayed opening is that the onset of the air transport crisis has brought an excess of capacity to a hub which, at one point, was thought to have a shortage. Combined passenger numbers for Tegel and Schoenefeld airport for the first eight ...
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NewsChina Southern first among ‘Big Three’ to return to profitability since pandemic began
China Southern Airlines became the first of China’s three largest carriers to report a quarterly operating profit since the coronavirus outbreak began, breaking its loss-making streak in the first half of the year. Its compatriots Air China and China Eastern Airlines, while still in the red for the three ...
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NewsJAL to reduce 777 fleet amid swing to steep first-half loss
Japan Airlines will retire up to 24 of its Boeing 777 aircraft over the next three years, as it battles the coronavirus crisis that saw it rack up significant losses for its half-yearly results. Elaborating on its future fleet plans, the Oneworld carrier states that 11 777-200ERs used in its ...
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NewsMitsubishi imposes ‘temporary pause’ on SpaceJet; certification work continues
Mitsubishi Heavy Industries (MHI) will further trim the budget of its troubled SpaceJet programme and “temporarily pause” most related activities, as it mulls a “possible programme restart”. Releasing its medium-term business plan for its 2021-23 fiscal years, MHI adds that it will, however, still carry on with type certification documentation ...
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In depthHow Atlas freighter crash revived scrutiny of pilot performance tracking
When investigators delivered their scathing verdict on the loss of Giant 3591, the Atlas Air Boeing 767-300F that disintegrated after diving into a lake on approach to Houston on 23 February 2019, the language barely contained their frustration over the missed opportunities to prevent the accident.
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NewsAirbus shifts timeline for potential A320neo ramp-up to third quarter 2021
Airbus has shifted the timeframe for a potential ramp-up of single-aisle production to the beginning of the third quarter of 2021. Speaking during a third-quarter briefing, Airbus chief executive Guillaume Faury said the airframer had “pushed to the right” the possible starting point to raise production – from the second ...
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NewsMore aircraft production rate cuts coming? Perhaps, analysts say
Some financial analysts suspect airframers might further cut aircraft production in 2021 owing to the depth of the pandemic-driven aerospace downturn.
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NewsAirline cash burn to continue throughout 2021: IATA
Airlines will struggle to cut unit costs sufficiently to prevent cash burn continuing throughout 2021, based on current demand assumptions, according to IATA.
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NewsBA heritage-livery 747-400 to become cinema and conference venue
One of the British Airways Boeing 747-400s painted in a retro livery for the airline’s centenary is to be preserved as a cinema and conference venue. The aircraft (G-CIVB) carried the Negus & Negus colour scheme initially adopted by the airline following its emergence in 1974 from the merger of ...
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NewsA321 brushed past glider during descent into Class E airspace
German investigators have attributed a serious airprox incident, in which a Lufthansa Airbus A321 crew failed to see a glider, to a decision allowing the jet to descend into Class E airspace during its approach to Hamburg. The encounter occurred north-east of Hamburg, on 23 July last year, as the ...
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NewsQatar takes first long-haul jets in months with delivery of A350-1000s
Airbus has delivered three A350-1000s to Qatar Airways, its first handover of long-haul aircraft to the Middle Eastern carrier for eight months. Qatar received its last long-haul jet from the airframer, an A350-1000, on 27 February – giving it 15 of the larger A350 variant. It had already completed deliveries ...
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AnalysisFor Malaysia Airlines, clarity and urgency in restructuring is key
The future of Malaysia Airlines was recently thrust back into the spotlight, as it undertakes an urgent restructuring exercise. Again it confronts an existential dilemma about what, exactly, it needs to do.
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NewsSouthwest reports record loss, addresses fleet changes and travel rebound
Southwest Airlines, the last of the four major US airlines to report third-quarter results, posted a record loss for the period but remains optimistic that the worst of the downturn has passed and that demand is rebounding.
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Airline BusinessHow protests and pandemic pushed Cathay to the brink
As Covid-19 tore into the aviation industry, some airlines were able to fall back on the profits of previous years, but the impact of anti-government protests removed any possible cushion for Hong Kong’s flag carrier.
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NewsVietjet A321 suffers 4.27g hard landing at Dong Hoi
One of Vietjet Air’s Airbus A321s has apparently suffered structural damage after a hard landing at Dong Hoi airport in central Vietnam. FlightGlobal understands that the accident occurred in the early evening on 16 October as the aircraft, VN-A639, landed on a wet runway in Dong Hoi after operating flight ...