News from FlightGlobal – Page 382
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NewsUtair secures new loan as it strives to emerge from debt pressure
Russian operator Utair Aviation has reached a loan agreement with Rossiya Bank for Rb12 billion ($164 million) as part of the company’s financial restructuring. Utair says the terms of the 12-year loan include a “grace period” for payment of the principal and interest. It adds that the two sides aim ...
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NewsEASA seeks to ease airworthiness management constraint for grouped airlines' fleets
Europe’s aviation safety regulator is seeking to amend rules on managing continuing airworthiness of fleets, with the aim of removing barriers to management for all aircraft operating within a carrier group. The European Union Aviation Safety Agency has set out proposals to change the regulations in a formal opinion which ...
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NewsBoeing sees 90% of European fleet replaced over next 20 years
Boeing believes around 90% of the current European fleet will be replaced over the next two decades as high renewal requirements drive future aircraft demand in the region.
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NewsCathay Pacific sets SAF usage target by 2030
Cathay Pacific aims to use sustainable aviation fuel (SAF) for 10% of its total fuel consumption by 2030, as part of what it calls a “multi-pronged approach” towards decarbonising operations.
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NewsAmerican invests $100m in Bill Gates-led clean-technology development project
American Airlines has become the latest US airline to commit to carbon-reducing measures, saying it has invested $100 million in a Bill Gates-led financing programme intended to support cleaner aviation technologies.
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NewsRepublic Airways to move headquarters, training centre to Indianapolis suburb
US regional airline behemoth Republic Airways is opening a new corporate headquarters and training centre in the Indianapolis suburb of Carmel.
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NewsUS airlines rejoice at lifting of US bans on inbound travellers
US airlines have finally received the gift they so long sought from the administration of president Joe Biden: a full opening of the USA to foreign travellers.
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NewsVueling to pick up Air France slots at Paris Orly
IAG’s Spanish low-cost carrier Vueling is set to pick up slots at Paris Orly airport being released by Air France as a condition of the European Commission’s approval of French financial support to the latter.
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NewsJetBlue and Spirit vie for 16 available Newark slots
JetBlue Airways and Spirit Airlines have applied with the US Department of Transportation to received more than a dozen newly available take-off and landing slots at Newark Liberty International airport.
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NewsAir Lease’s Udvar-Hazy upbeat on lessors’ post-Covid prospects
Air Lease executive chairman Steven Udvar-Hazy has expressed confidence that the large numbers of aircraft ordered by lessors prior to the pandemic will be required by airlines despite the crisis.
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NewsEuropean airline shares rise as US signals full restart of transatlantic travel
The big European network airlines saw their share prices increase sharply on 20 September amid reports that the US government might soon announce a relaxation of its border controls for European visitors.
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NewsShell to produce 2 million tonnes of sustainable aviation fuel by 2025
Royal Dutch Shell has announced that it intends to produce 2 million tonnes of sustainable aviation fuel (SAF) by 2025, the largest and most aggressive target among the oil majors to date.
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NewsLufthansa launches $2.5bn capital raise to repay state support
Lufthansa is launching a €2.14 billion ($2.50 billion) capital raise aimed at strengthening its equity position and repaying part of the German state’s investment in the airline during the crisis.
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NewsCathay cuts year-end capacity forecast; August traffic hits 2021 high
Cathay Pacific has reduced its capacity forecast for the year-end — amid ongoing travel restrictions — as the embattled carrier’s passenger numbers in August hit a new high for the year.
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NewsHK waypoint error saw Atlas 747-8F stray toward mountain
The omission of a waypoint in the flight management system saw an Atlas Air Boeing 747-8F turn right shortly after taking off from Hong Kong International Airport, heading toward high ground on Lantau Island.
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NewsAlliance Airlines in component pact with Embraer
Australia’s Alliance Airlines has entered a multi-year services agreement with Embraer related to the carrier’s fleet of E-190 regional jets.
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NewsL-410 crash spurs consideration of night-landing ban at visual-only airports
Russian federal air transport regulator Rosaviatsia is recommending an analysis be conducted on the feasibility of banning commercial flights at night to airfields which have only visual approach capabilities and no instrument approach procedures. The recommendation to the regulator’s territorial authorities follows the fatal accident involving an Aeroservis Let L-410 ...
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NewsUS airlines could miss 2021 profit targets as end-of-year travel demand sags
US airlines may struggle to meet already trimmed 2021 financial targets due to the persistence of Covid-19, which continues eroding demand for autumn and winter travel despite a strong summer period.
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NewsUnited to serve Lagos from Washington DC
United Airlines will launch flights to Lagos in Nigeria from Washington DC on 29 November.
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NewsAdministrator sets €290m starting price for Alitalia brand
Administrators for Alitalia will tomorrow launch a tender for the Italian carrier’s brand, having the set the price at €290 million ($341 million) to participate.