News from FlightGlobal – Page 385
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NewsBahrain’s Gulf Air fixes date to open Israeli service
Middle Eastern carrier Gulf Air is to open its service from Bahrain to the Israeli hub Tel Aviv at the end of September. Gulf Air is opening the Israeli route following last year’s diplomatic recognition agreement between the two countries, which formed part of the broader Abraham Accords pact. While ...
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NewsEl Al must sell aircraft and part of frequent-flyer programme for state aid
Israeli flag-carrier El Al has been told it must sell aircraft and a substantial portion of its frequent-flyer programme as part of the government’s conditions for receiving financial aid. The ministry of finance had indicated in August that it was prepared to offer conditional support to Israeli operators. It has ...
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NewsExcursion CRJ900's nose-wheel steering reversed by incorrect maintenance
Swedish investigators have found that incorrect installation of a Bombardier CRJ900’s nose-wheel steering sensor resulted in rudder-pedal deflection inputs being reversed, before the jet suffered an excursion during take-off from Gallivare. The Nordica aircraft had been departing runway 30 for a service to Stockholm on 9 September last year. Its ...
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NewsAirAsia Group ups 2021 fleet forecast again
AirAsia Group has revised its fleet plan for 2021, ending the year with four more aircraft than previously forecast.
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NewsJapan Airlines to raise Y300 billion for post-pandemic future
Japan Airlines has finalised plans to raise Y300 billion ($2.73 billion) — through hybrid loans and subordinated bonds — to prepare it for “drastic changes” in a post-pandemic business environment.
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NewsThai AirAsia taps crowdfunding to shore up capital
Thai AirAsia has launched a crowdfunding bond campaign as part of efforts to beef up its war chest against the pandemic’s impact.
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NewsNok Air faces delisting risk without rehabilitation timeline
The Stock Exchange of Thailand (SET) has given Nok Air one month to set a timeline to implement its rehabilitation plan.
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NewsUS airlines pledge 33% more ‘sustainable fuel’ by 2030
US airlines plan to make 11.4 billion litres (3 billion USgal) of sustainable aviation fuel (SAF) available to aircraft operators by 2030 – up 33% from a previous target of 7.6 billion litres.
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NewsInjuries reported following Cape Air Cessna 402 accident at Provincetown
Passengers are reportedly injured after a Cape Air Cessna 402 crashed while attempting to land at Provincetown Municipal airport in Massachusetts on 9 September.
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NewsFollowing competitors, American trims financial forecast, citing ‘Delta’ variant
American Airlines has joined other US carriers in reducing its earnings forecast for the third quarter as the coronavirus “Delta” variant continues to play havoc with the travel industry.
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NewsTransat remains optimistic despite another minimal-revenue quarter
A six-month operational pause left Transat AT with another quarter lacking significant revenue, though more cash has been flowing in since subsidiary Air Transat restarted flights at the end of July.
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NewsJetBlue trims Q3 revenue expectation as Covid impact continues
JetBlue Airways is the latest US airline to trim its third-quarter financial projections in response to booking “softness” due to still-high rates of coronavirus infections.
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NewsUS business-travel rebound still months away: Delta CEO
Not long ago, US airline executives expected a business-travel rebound would take hold this autumn. Now, Delta Air Lines chief executive Ed Bastian says his team thinks the US business-travel rebound will begin later this year or, perhaps, early next year.
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NewsLow activity might have lulled pilots before A350 took off without clearance
Investigators have suggested that low levels of airport traffic could have reduced the alertness of an Airbus A350 crew before the aircraft took off without clearance from Barcelona. The Singapore Airlines A350 (9V-SMU), operating to Milan Malpensa as part of an onward service to Singapore on 24 October last year, ...
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NewsRyanair enforces post-Brexit sales of non-EU shareholdings
Budget carrier Ryanair has disclosed that it has recorded several instances of non-European Union investors’ failing to comply with disposal requirements after acquiring shares in the airline. Ryanair is an EU airline which means it must be controlled by EU shareholders. The UK’s final ‘Brexit’ withdrawal from the EU on ...
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NewsEasyJet reveals rejected takeover approach as it prepares £1.2bn equity raise
UK budget carrier EasyJet has disclosed that it rejected a preliminary takeover approach from a potential bidder, as the airline prepares to reinforce its balance sheet with a £1.2 billion ($1.65 billion) share issue. EasyJet has not disclosed the prospective bidder’s identity, but says it “carefully evaluated” the approach before ...
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NewsMalaysia approves Korean Air-Asiana merger
Malaysian aviation regulators have cleared the merger between Korean Air and Asiana Airlines, becoming the latest in a growing list of regulators around the world to grant approval.
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NewsAirAsia Group says sufficient liquidity through 2022, as losses narrow
AirAsia Group narrowed its second-quarter losses on the back of a surge in revenue, as it forecast “sufficient liquidity throughout 2022”.
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NewsHawaiian resumes flying to American Samoa
Hawaiian Airlines will reinstate non-stop flights to American Samoa, the only scheduled passenger airline to fly to the US territory in the south Pacific Ocean, after an almost 18-month break.
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NewsPorter restarts service after 18-month shutdown
Canadian regional carrier Porter Airlines restarted flights on 8 September after an 18-month coronavirus-driven pause.