News from FlightGlobal – Page 395
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NewsCapacity shortfall crimps Cathay’s cargo performance
Cathay Pacific enjoyed sharply higher cargo yields during the first six months of 2021, although crew quarantine restrictions and a lack of bellyhold capacity capped performance.
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NewsCathay narrows half-year losses, as ‘toughest period in our history’ continues
Cathay Pacific Group narrowed its half-yearly losses on the back of significant cost-cutting, but has warned that the pace and timing of a travel recovery “remain uncertain”.
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NewsWake up: US airlines warn smelling-salt shortage could cause flight cancellations
US airlines are asking regulators to wake up to a shortage of smelling salts, also called ammonia inhalants.
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NewsEtihad halves operating loss over first six months
Middle Eastern operator Etihad Airways managed to halve operating losses to $400 million over the first six months of the year. It says the recovery has been “progressive” despite a slower-than-expected return to air travel worldwide. Etihad transported 1 million passengers over the first six months – generating passenger revenues ...
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NewsAir Arabia turns in third consecutive profitable quarter
Middle Eastern budget carrier Air Arabia is claiming its third consecutive profitable quarter, after generating an overall first-half net profit of Dhs44 million ($12 million). The company’s second-quarter profit, for the three months to 30 June, reached Dhs10 million. This followed profits of Dhs34 million in the first quarter and ...
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NewsIndonesia’s Super Air Jet kicks off operations
Super Air Jet, the new Indonesian carrier with links to Lion Group founder Rusdi Kirana, has commenced operations, weeks after teasing an imminent launch.
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NewsRex to furlough employees as forecasted loss widens
Australia’s Regional Express will furlough an unspecified number of employees in the coming months, as it flags a deeper full-year loss amid ongoing lockdowns in several parts of the country.
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NewsStruggling Indonesian carriers’ jets enter storage in Australia
More than a dozen aircraft operated by Garuda Indonesia and privately-held Lion Air Group have been placed in storage in Australia this month.
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NewsPAL’s Chapter 11 hit by further delay as bank backs out: sources
Philippine Airlines’ filing for US Chapter 11 bankruptcy protection has been further delayed after one of the banks providing financing for the process backed out, according to two lessors with exposure to the airline. “The airline and the shareholder specifically are… already engaged in discussions with a replacement local back ...
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NewsSkyWest orders 16 new Embraer 175s for Delta
Regional carrier SkyWest Airlines will purchase 16 new Embraer 175s to operate for Delta Air Lines.
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NewsWhy two aircraft lessors have not jumped into the electric-aircraft craze
Some top aircraft lessors remain unconvinced about the viability of electric passenger aircraft and whether in-development air taxis and other first-generation electric types even fit within their leasing business models.
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NewsGreen Africa fixes date to start flights after obtaining AOC
Nigerian start-up carrier Green Africa Airways aims to commence services on 12 August, having secured its air operator’s certificate. The airline, which will operate a fleet of ATR turboprops, had been intending to open services in June on a network comprising seven domestic destinations. But it was forced to postpone ...
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NewsVirgin Atlantic eyes autumn IPO: report
Virgin Atlantic is preparing an initial public offering in London for this autumn, as it hopes for a return of transatlantic travel, Sky News reported on 8 August.
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NewsFrontier joins United in requiring all employees be vaccinated
Following United Airlines’ lead, Frontier Airlines will require all employees to be vaccinated against the coronavirus from 1 October.
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NewsSpirit says it will return to normal operations ‘next week’
Spirit Airlines expects to resume normal operations by the middle of next week after the airline was forced to cancel thousands of flights in the past six days due to staffing and weather issues.
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NewsBlue Air sees passenger numbers reaching pre-crisis parity in August
Romanian low-cost carrier Blue Air expects passenger numbers to match 2019 levels this month barring any new travel restriction announcements.
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NewsUnited to require vaccines for all US-based employees
United Airlines is the first US passenger air carrier to require all US-based employees to be vaccinated against Covid-19.
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NewsUK’s Titan Airways building A321 fleet for new EU arm in Malta
Titan Airways has become the latest UK operator to establish a European Union arm, intending to build an Airbus A321 fleet in Malta. The carrier has secured an air operator’s certificate from the Maltese civil aviation regulator for a division branded Titan Airways Malta. It has already placed a 227-seat ...
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NewsCzech Airlines order for A220s and A321XLRs struck from Airbus backlog
Czech Airlines’ order for seven Airbus jets, including four A220-300s and three A321XLRs, have been removed from the airframer’s backlog. Airbus’s latest backlog information, covering the period to 31 July, shows that the seven jets listed against the airline have been cancelled. Czech Airlines filed for insolvency earlier this year ...
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NewsTaiwanese carriers remain profitable in challenging quarter
Taiwan’s two largest carriers remained in the black in the second-quarter earnings, despite a resurgence of infections on the island.