News from FlightGlobal – Page 337
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NewsEl Al looks to exploit assets in order to strengthen financial position
Israeli flag-carrier El Al is looking at the possibility of using its assets to continuing strengthening its balance sheet, although it has yet to confirm whether these include its landing slots. The airline says it is examining “various outlines” and “all the options available”, working in co-operation with a number ...
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NewsChina Southern takes first pair of A319neos
China Southern Airlines has taken delivery of a pair of Airbus A319neos, becoming the first airline operator of the smallest and least-popular Neo variant.
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NewsHeathrow incurs more heavy losses in 2021 but eyes Terminal 4 summer reopening
London Heathrow Airport’s operator is working with airlines on reopening Terminal 4 this summer as demand picks up after depressed passenger numbers – the hub’s lowest figure for 50 years – contributed to a pre-tax loss of £1.8 billion ($2.4 billion) in 2021.
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NewsMalaysia Airlines expands partnership with Qatar Airways
Malaysia Airlines has deepened cooperation with fellow Oneworld alliance member Qatar Airways, with the two carriers partnering in areas such as cargo and airline operations.
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NewsChina Southern to exit A380s by this year: Report
China’s sole Airbus A380 operator is reportedly retiring its fleet of superjumbos by the end of the year, becoming the latest carrier in the Asia-Pacific region to do so since the pandemic first struck.
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NewsSAS to put greater focus on leisure in post-pandemic recovery
Scandinavian carrier SAS will put a greater emphasis on the leisure segment as it adjusts its network in line with the emerging post-pandemic market dynamic.
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NewsSAS deepens cost-savings drive under new plan aimed at securing fresh equity
SAS has raised its annual cost-savings target to SKr7.5 billion ($800 million) under a fresh restructuring programme aimed at adapting the carrier to a “changed” market as it bids to prepare the ground to raise fresh equity.
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NewsGreenway to take up chief executive role at Blue Air
Former Swoop chief executive Steven Greenway is to take up the same role at Romanian low-cost carrier Blue Air from the start of March, with incumbent Oana Petrescu remaining as president of the airline.
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NewsTurkey’s Corendon to take batch of Air Lease 737 Max jets
Turkish operator Corendon Airlines Group is introducing nine Boeing 737 Max jets over the course of the next 18 months. All nine are being brought in through US lessor Air Lease. The company is to receive five 737 Max 8s in the spring of this year, with another to follow ...
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NewsMexico’s Mas aims to use A330 freighter for Chinese routes
Mexican cargo carrier Aerotransportes Mas de Carga is aiming to open Chinese services following introduction of the airline’s initial converted Airbus A330-200 freighter. The aircraft, converted by the EFW venture, has been handed over to Mas following its delivery to lessor Altavair. “Mas will take advantage of the increased payload ...
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NewsE175-E2 development paused again on scope-clause concerns
Embraer has again paused the development of the E175-E2, with the smallest member of its re-engined E-Jet E2 family now not scheduled to enter service before 2027.
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NewsCebu Pacific sees bellyhold as main cargo strategy
Cebu Pacific is not looking to take dedicated freighters in the near term — even amid a robust cargo market during the pandemic — as it believes a “large chunk” of cargo will be carried as bellyhold freight.
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NewsAirbus to auction ex-Emirates A380 parts for humanitarian foundation
Airbus is to hold an auction of A380 components in summer, to raise funds for its charitable and humanitarian-support arm. Most of the parts in the auction – which will run from 23-25 June – will be sourced from MSN13, one of the early Engine Alliance GP7200-powered A380s delivered to ...
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NewsSouth Korea competition watchdog conditionally approves Korean Air-Asiana merger
South Korea’s competition regulators have conditionally approved Korean Air’s plans to acquire compatriot Asiana Airlines, though it will impose several measures to ensure the merger does not reduce competition.
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NewsAirAsia X to have 15 A330s in service by end-2022
Malaysia long-haul, low-cost carrier AirAsia X is reactivating its fleet as borders start to reopen in the Asia-Pacific.
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NewsGreater Bay Airlines cleared for launch after gaining operating licence
Hong Kong has granted Greater Bay Airlines an operating licence, a move that effectively means the start-up carrier can begin scheduled flights immediately.
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NewsGovernments should have let airlines fail during pandemic: UK IEA study
Analysts from the UK’s Institute of Economic Affairs think-tank have argued that governments could have helped contain the pandemic by allowing a “natural collapse” of the airline industry, rather than permitting huge bail-outs. The institute has published a study – entitled The Future of Transport After Covid-19 – which looks ...
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NewsSmartavia receives first newly-built A320neo
Russian operator Smartavia has taken delivery of its first brand-new Airbus A320neo, in co-operation with lessor CDB Aviation. The airline says the aircraft – powered by CFM International Leap-1A engines – is one of seven to be acquired under the agreement. Smartavia has configured the A320neo (VP-BQA) with a single-class, ...
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NewsSpiceJet swings to Q3 profit on revenue uptick following Max settlement
India’s SpiceJet returned to profitability in its third-quarter earnings on the back of “significant improvement” in domestic travel demand.
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NewsChina’s ‘Big Three’ paint mixed picture of January domestic traffic
China’s three largest carriers reported mixed domestic traffic results in January, as the Omicron variant of the coronavirus damps air travel demand.