News from FlightGlobal – Page 307
-
NewsDanish government could raise stake in SAS as it backs transformation plan
Denmark’s government has agreed to support Scandinavian carrier SAS through a debt-to-equity conversion, but has also signalled it will invest new capital into the struggling airline and potentially raise its shareholding. The Danish finance ministry says the government will support the ‘SAS Forward’ restructuring programme for the carrier, following a ...
-
NewsJin Air returns PW4000-powered 777s to service; takes first 737 Max
Low-cost carrier Jin Air has resumed flying its Pratt & Whitney PW4000-powered Boeing 777-200ERs, becoming the first – and possibly only – Asia-Pacific operator to return the PW4000-powered 777 to service after a year-long grounding.
-
NewsHow Connect Airlines intends to carve a niche in the US airline market
US start-up Connect Airlines is banking on the efficiency of turboprops and an independent business model to help it carve a niche in the US air travel market.
-
NewsUS airlines welcome scrapping of pre-departure Covid tests for international air travellers
US airlines have applauded the government’s scrapping of a pre-departure Covid-19 testing mandate for inbound international air travellers.
-
NewsExperts say fresh thinking on business models key to capitalising on green technologies
Fresh thinking on business models will be key if operators are to capitalise on new zero-emission technologies as they begin to reach the market, panelists highlighted during FlightGlobal’s Disruptive Propulsion webinar on 9 June. During a wide-ranging debate which looked at the challenges and timeframes facing new propulsion solutions, ...
-
NewsFokker 100 crew confused by ‘jammed’ thrust levers during stall-protection incident
Australian investigators have found that an Alliance Airlines Fokker 100 crew was unaware that the aircraft had entered a stall-protection mode after its airspeed fell below a crucial threshold during approach to Rockhampton. The carrier’s initial and cyclic training for the type “did not adequately prepare” its pilots to identify, ...
-
NewsStabilising Swiss opts to terminate state-backed loan early
Swiss has ended a government-guaranteed bank loan three years early, having only ever used half of the proceeds available to the Lufthansa Group carrier. The airline says the pandemic situation – which triggered the need to prop up liquidity – is “now more stable” and that “positive trends” have emerged ...
-
NewsGaruda offers to replace liabilities with new bonds, equity
Garuda Indonesia has offered to replace current liabilities with $1.13 billion in new bonds and equity.
-
NewsAir New Zealand further trims full-year loss forecast
Air New Zealand has cut – for a second time – its full-year loss forecast, amid an uplift of travel demand following the country’s border reopening.
-
NewsTransat recovers fiscal Q2 revenue, sees further improvement this summer
Transat AT, parent of Canadian holiday specialist Air Transat, reports stronger fiscal-year second quarter results and is expecting summer travel to return to near-normal levels.
-
NewsComair on the brink after failing to secure fresh funding
Grounded South African operator Comair is set to be liquidated as the carrier’s administrators have concluded there is “no reasonable prospect” it can be rescued after failing to secure the necessary additional funding.
-
NewsConnect Airlines plots expansion with up to 100 hydrogen-powered ATR 72s
Proposed US start-up carrier Connect Airlines is ordering 75 converted ATR 72-600 turboprops, which will be fitted with hydrogen-fuelled powertrains. The firm agreement with Universal Hydrogen also covers an additional 25 converted aircraft. Universal Hydrogen was founded by former Airbus chief technology officer Paul Eremenko, and has an advisory board ...
-
NewsAkasa reaches sale-and-leaseback pact for initial 737 Max fleet
Indian start-up carrier Akasa Air has entered a sale-and-leaseback agreement covering five Boeing 737 Max 8 jets. The airline has reached the deal with Griffin Global Asset Management. Delivery of the 737s is scheduled to commence in June and the lessor says the agreement covers several of Akasa’s initial aircraft. ...
-
NewsIndonesian air travel recovering, but faces big challenges: whitepaper
While Indonesia’s air travel market is recovering from the coronavirus pandemic, several challenges confront the country’s airlines.
-
NewsATR execs size up big potential in Japanese regional market
ATR has outlined big ambitions for the Japanese market, anticipating significant ATR fleet growth in the next few years.
-
NewsNorse Atlantic to open US services from German capital
Transatlantic start-up Norse Atlantic Airways is opening services from the German capital Berlin, operating initially to two US gateways. Norse Atlantic will serve New York JFK daily from 17 August. It will expand the fledgling German network with a service to Los Angeles from 19 August, operating three-times weekly. Norse ...
-
NewsTurkish A350 agreement becomes highlight of Airbus activity in May
Turkish Airlines provided the highlight for Airbus orders during May, following through on its indication that it would take additional A350s. The airframer has recorded an order for four A350-900s from the carrier, in a month of relatively little activity. Turkish Airlines had signalled in May that it would commit ...
-
NewsSpirit delays shareholder vote on Frontier acquisition
In the latest twist in the drama around Frontier Airlines’ proposed acquisition of ultra-low-cost carrier Spirit Airlines, Spirit has delayed a key shareholder vote that had been scheduled for later this week.
-
NewsITA’s latest A350 flags carrier’s sustainability ambitions
Italian carrier ITA Airways will take its operational fleet of Airbus A350-900s to four – half of the eight planned – in June, through the introduction of a twinjet with a minimalist livery intended to highlight sustainability. The aircraft is largely white, in contrast to the distinctive blue which dominates ...
-
NewsWizz continues to switch Airbus commitments to A321neo
Wizz Air has converted 21 Airbus A320neo commitments to the A321neo, a further shift of its single-aisle backlog towards the higher-capacity variant. The airline disclosed, as it released full-year final results, that it formalised the conversion in May. Deliveries of these aircraft will be carried out over the course of ...