News from FlightGlobal – Page 332
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NewsRussian draft transport legislation could complicate return of leased fleet
Russia’s transport ministry has drafted new legislation outlining conditions for returning leased aircraft to foreign lessors, including approval from a government committee. The proposed legislation also states that payments between lessors and lessees will be carried out in Russian currency – the rouble, which has sunk in value against the ...
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NewsDHL, SIA team up for new 777F operation
DHL Express and Singapore Airlines have entered an agreement for the operation of five Boeing 777Fs in the Asia-Pacific and to the Americas.
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NewsMalaysia Aviation Group targets capacity boost as borders reopen
Malaysia Aviation Group (MAG) aims to operate 70% of pre-pandemic capacity by the end of the year — a significant uptick from current levels — as the country reopens its border to all vaccinated travellers.
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NewsAvelo to expand from New Haven
US start-up discount carrier Avelo Airlines continues to expand out of New Haven in Connecticut, with plans to add routes from the city to three destinations.
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NewsLATAM on ‘improving trajectory’ as it works through reorganisation
LATAM Airlines Group posted a fourth-quarter loss but sees its business on “an improving trajectory” as it aims to exit bankruptcy protection process later this year.
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NewsVietnam’s Sun Group to establish private air charter arm
Vietnamese leisure and infrastructure investment firm Sun Group is to establish a new luxury business aviation company, offering a range of aircraft types. The company will be known as Sun Air and will specialise in private jet charter and aircraft management. Sun Air will initially operate a pair of long-range ...
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NewsGlobal air cargo markets already disrupted by Ukraine conflict: IATA
Global air cargo markets are already feeling the effects of the Russia-Ukraine conflict, according to IATA, although it is too soon to assess the depth of the impact.
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NewsSmartLynx to take A330 converted freighters through ATSG agreement
Wet-lease specialist SmartLynx Airlines is to introduce converted Airbus A330-300 freighters, stepping up to the long-haul jets having already started bringing in A321 cargo aircraft. The company has agreed with Air Transport Services Group to acquire six modified A330s under a six-year lease. SmartLynx will take delivery of the first ...
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NewsCathay swings back to cash burn amid tightened restrictions
Beleaguered Cathay Pacific Group has swung back to a cash-burn position as the Hong Kong government’s tightening of coronavirus restrictions significantly crippled airline operations.
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NewsCathay chairman stresses that carrier will survive
Cathay Pacific chairman Patrick Healy has expressed his “utmost confidence” that the embattled airline — and its home city of Hong Kong — are able to survive the pandemic crisis.
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NewsCargo helps Cathay Pacific narrow 2021 losses
Embattled Cathay Pacific Group significantly narrowed its losses in 2021, with its cargo business doing “exceptionally well” in the second half.
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NewsDHL orders another six 777Fs
Express package delivery company DHL Express has ordered another six Boeing 777 Freighters, handing the US airframer another in a long string of recent freighter aircraft sales.
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NewsCanada’s Air Transat and Porter team up with codeshares
Canada’s Air Transat and Porter Airlines have teamed up, reaching a code-share agreement beginning with flights this summer.
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NewsSaunders takes commercial role as relaunched Flybe names management team
Philip Saunders, who most recently served as chief commercial officer at South African Airways, is to take up the same role at relaunched UK regional carrier Flybe.
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NewsAvianca orders another 88 Airbus A320neos
Colombia’s Avianca has ordered 88 Airbus A320neo aircraft to be delivered between 2025 and 2031.
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NewsBreeze adds first transcontinental routes as part of major expansion
Breeze Airways has revealed details of a major route expansion that will see the US start-up add flights to 10 additional cities, including several West Coast destinations, this year.
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NewsOn International Women’s Day, female CEOs account for 7% of airline total
Seven of the world’s top 100 passenger airlines are led by women, according to FlightGlobal analysis updated to mark International Women’s Day – a total that represents a high point in five years of data.
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NewsAir Mauritius sells A330 to MonoCoque and Aquila
Air Mauritius has sold one of its Airbus A330s to an entity identified as MonoCoque Diversified Interests. The twinjet is being assigned to the Irish arm of aerospace asset finance specialist Aquila Air Capital. MonoCoque, which will manage the aircraft for Aquila, has identified the jet as a -200 variant, ...
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NewsVirgin Australia surpasses Qantas in January domestic market share
Virgin Australia has pipped rival Qantas to claim the highest share in the Australian domestic travel market in January, as interstate border restrictions ease and airlines ramp up flying.
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NewsANA reveals medium-haul unit branding; delays launch one year
ANA Holdings has unveiled the branding for its new medium-haul carrier, which will commence operations a year later than previously planned, amid tepid recovery in international travel.