News from FlightGlobal – Page 393
-
NewsAmpaire charges up UK ambitions after successful Scottish test campaign
California-based electric aircraft developer outlines future evaluations under government-backed Future Flight Challenge programmes.
-
NewsEmirates cements partnership with South African regional Airlink
Emirates has expanded its co-operation with South African regional operator Airlink into a full codeshare partnership.
-
NewsAlaska orders another 12 737 Max 9s
Alaska Airlines has ordered another 12 Boeing 737 Max 9s and taken 25 new purchase options – a deal handing another needed win to Boeing’s rebounding narrowbody programme.
-
NewsBBAM lines up further A320/A321 freighter conversions with EFW
Lessor BBAM has struck a deal with with Airbus and ST Engineering’s joint German modification specialist EFW taking to 20 the number of A320/321 passenger-to-freighter conversions to be carried out through until 2025.
-
NewsJazeera’s second quarter operating loss widens
Kuwait’s Jazeera Airways’ operating loss widened significantly in the second quarter to KD4.73 million ($15.7 million) as compared to KD1.87 million in the same period in 2020.
-
NewsHelvetic receives fourth E195-E2 as carrier completes fleet renewal
Helvetic Airways has taken delivery of its fourth and final Embraer E195-E2 – and its 12th second-generation E-Jet - as the Swiss regional carrier concluded a fleet renewal programme begun in October 2019.
-
NewsGerman state begins to reduce stake in Lufthansa
Germany’s Economic Stabilisation Fund (WSF) is to sell up to a quarter of the 20% stake it took in flag carrier Lufthansa as part of a state rescue package last summer.
-
NewsHSBC raises Chinese ‘Big Three’ loss forecast
HSBC has widened its loss estimates for China’s three largest state-owned carriers, while forecasting a full domestic travel recovery by 2023.
-
NewsThai Airways narrows H1 operating loss; revenue down 75%
Thai Airways swung to a net profit — and narrowed its half-yearly operating loss — as cost-cutting measures appear to bear some fruit.
-
NewsJeju Air to raise $180 million via share issue
Jeju Air aims to raise nearly W210 billion ($180 million) from an equity raise.
-
NewsRex furloughs 500 staff amid prolonged domestic lockdowns
Australia’s Regional Express has stood down 500 staff members for nearly a month, as domestic lockdowns — meant to contain the spread of the coronavirus — show no sign of letting up.
-
NewsThai AirAsia parent widens second-quarter operating loss
Thai AirAsia parent company Asia Aviation widened its second-quarter operating loss — with revenue decline outpacing cost reduction efforts — as the low-cost carrier eyes alternative revenue streams in e-commerce and cargo.
-
NewsSpiceJet Q1 losses widen amid India’s second Covid-19 wave
Indian carrier SpiceJet saw its net loss for the first quarter of its 2022 financial year widen to INR7.29 billion, compared with INR 5.9 billion a year earlier.
-
NewsVityaz-Aero banned from passenger transport after fatal Mi-8 lake crash
Russian helicopter operator Vityaz-Aero has been temporarily barred from transporting passengers following the fatal Mil Mi-8T accident at lake Kuril on the Kamchatka peninsula. At least eight of the 16 occupants survived the accident. Several fatalities have been confirmed after the Russian emergency services ministry – using a deep-sea vessel ...
-
NewsCathay expects demand boost following traffic improvement in July
Cathay Pacific has reported “improvements” in passenger travel demand in July — despite seeing a slight dip in capacity for the month — as it anticipates a further boost to demand in August and September.
-
NewsCanada to require air travellers be fully vaccinated
Canada will require all air, rail and marine passengers to be fully vaccinated against Covid-19 by the end of October.
-
NewsRomania’s Blue Air breaks new ground with Heathrow-Nice service
Romanian low-cost carrier Blue Air is to launch services from London Heathrow to Nice, a move underlining its intent to both operate from primary airports and to expand outside of its home market.
-
NewsGatwick opens lender talks over debt after losses continue in first half
London Gatwick airport has entered talks with lenders to temporarily waive financial covenants after posting a loss of £245 million ($339 million) in the first six months of the year as the Covid crisis continues.
-
NewsKorean Air’s operating profit rises on record cargo performance
Korean Air lifted its second quarter operating profit 31% to W197 billion ($174) million on the back of a record performance from its cargo business.
-
NewsBangkok Airways narrows losses in challenging second quarter
Bangkok Airways narrowed its second quarter operating loss to Bt493 million ($14.8 million) from Bt2.7 billion a year earlier, as it continued to suffer from the collapse of Thailand’s tourism market amid the coronavirus pandemic.