News from FlightGlobal – Page 404
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NewsSouth Korea domestic passenger traffic closes in on full recovery
South Korean carriers carried just 3% fewer domestic passengers in the first half of the year compared to the same period in pre-pandemic 2019, underscoring the steady progress made in traffic recovery.
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NewsChina’s ‘Big Three’ see decline in June domestic traffic again
China’s three largest carriers saw their domestic passenger traffic in June shrink for third time on a month-on-month basis, despite reporting decent gains compared to a year ago.
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NewsAlitalia successor ITA set to commence flights in mid-October
Alitalia successor carrier ITA is to become operational from mid-October, following discussions between Italian authorities and the European Commission. The Italian ministry of economy and finance states that discussions with the Commission have “concluded positively”. It adds that ITA will be “fully operational” from 15 October, when the initial flights ...
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NewsAir Arabia to launch Armenian budget carrier with investment fund support
Middle Eastern budget carrier Air Arabia is to participate in launching a new low-cost carrier in Armenia, which will be based at the capital Yerevan. Air Arabia has reached an agreement to form a joint venture company with the Armenian National Interests Fund. It will use the low-cost business model ...
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NewsAvelo to launch flights between Las Vegas and Santa Rosa
Low-cost startup Avelo Airlines plans to launch its first flights between two cities in the western USA that are not its home base.
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NewsMalaysia Airlines seeks to sell six A380s
In a LinkedIn post, the airline says its subsidiary MAB Pesawat Sdn Bhd is conducting an open tender for the sale of the widebodies, along with components.
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NewsRossiya prepares to start MC-21 operations in summer 2022
Russian carrier Rossiya is expecting to start operations with Irkut MC-21s in summer 2022, if the twinjet passes a technical readiness review. Rossiya is set to become the first carrier to fly the type in commercial service. While the MC-21 introduction is still about a year away, the Aeroflot Group ...
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NewsUnfair to restrict travel to fully-vaccinated only: Walsh
IATA director general Willie Walsh believes it would be unfair to restrict air travel only to fully-vaccinated passengers, as he again urged “sensible responses” from governments to reopening air travel markets.
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NewsFinnair predicts positive monthly cash-flow by year-end as it lifts savings target
Finnair has again raised the target for its permanent cost-base reduction, intending to reach a savings figure of €200 million ($237 million) from 2022 compared with 2019 levels. This is the fourth time Finnair has raised the target since it put forward original planned savings of €80 million just over ...
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NewsVietnam Airlines to sell ATR 72 fleet, raise D8 trillion
Vietnam Airlines will sell its fleet of ATR 72s and seek replacement regional jet aircraft, as part of efforts to improve its competitiveness in the regional market.
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NewsWhy visionaries think small electric aircraft can revolutionise regional air travel
If all goes to plan, by this time next year Canadian regional carrier Harbour Air will make history as the first airline to fly paying passengers on an all-electric aircraft.
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NewsThe USA should invest in electric regional aircraft – not high-speed rail
In earlier decades, there wasn’t a workable and environmentally friendly alternative to high-speed rail. That is no longer the case.
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NewsWheels Up becomes public company, raises $650m
US private-aviation services provider Wheels Up became a publicly traded company on 14 July, generating $650 million through a stock offering the company says will help fund accelerated global growth and technology investment.
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NewsIndustry confident of meeting net-zero carbon goal, panel insists, but SAF scale-up is key
Representatives from three distinct industry segments have underlined their belief that aviation can meet its goal of net-zero carbon emissions by 2050, but stress that there is no single route to achieving that aim.
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NewsDelta eyes continued financial recovery in second half of 2021
Delta anticipates its business will continue improving in the third quarter, with revenue and capacity expected to creep closer to 2019 levels thanks partly to strong demand for travel within the USA and to Latin America.
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NewsIATA unhappy as EU proposes tax on aviation fuel
Airline industry association IATA has criticised European Commission proposals to tax the jet kerosene used for intra-bloc flights, suggesting its focus should instead be on other sustainability measures.
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NewsRyanair loses Austrian state-aid case
Ryanair has lost a legal challenge against the provision of financial support to Austrian Airlines on state-aid grounds.
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NewsDelta returns to profit in Q2 with help from US government payroll grants
Delta Air Lines returned to the black posting a $652 million profit in the second quarter, aided by $1.5 billion in US government Covid-19 support,
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NewsAir Astana swings to modest half-year profit
Kazakhstan’s Air Astana Group posted a net profit of $4.9 million for the first six months of 2021, swinging from a loss of $66.2 million in the same period in 2020.
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NewsLock pin inserted in wrong slot before BA 787 on-stand nose-gear retraction
UK investigators have disclosed that ground personnel inserted a Boeing 787-8 downlock pin into the wrong location before the British Airways aircraft suffered an inadvertent nose-gear retraction at London Heathrow. The accident involving G-ZBJB occurred on 18 June at Heathrow stand 583 as the aircraft was being prepared for a ...