News from FlightGlobal – Page 425
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NewsVirgin Australia defers most short-haul international service
Virgin Australia Group is postponing most short-haul international flying, including flights to Fiji’s Nadi and Bali in Indonesia, until at least December amid shifting projections around international border restrictions.
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NewsAlaska orders additional E175s, plans to acquire 13 more 737 Max
Alaska Air Group has ordered nine Embraer 175s, while partner SkyWest Airlines has ordered another eight E175s to operate for Alaska.
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NewsAmerican will ‘slowly’ relaunch international routes
American Airlines will bring back long-haul international routes “slowly and cautiously”, accounting for travel restrictions and gauging passenger demand to overseas destinations.
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NewsTUI pins hopes on summer peak recovery
European travel operator TUI Group is eyeing a strong pick-up in demand this summer and intends to operate three-quarters of pre-crisis capacity in the peak holiday period.
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NewsInquiry into fatal Aeroflot Superjet fire examines earlier Yakutia gear collapse
Russian investigators probing the fatal Aeroflot Sukhoi Superjet 100 landing accident at Moscow two years ago have analysed a Yakutia Superjet overrun and gear collapse as part of an assessment of the type’s structures and components. After returning to Sheremetyevo airport on 5 May 2019 the Aeroflot aircraft landed hard, ...
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NewsAerCap shareholders back GECAS acquisition
Leasing firm AerCap’s shareholders have voted in favour of the proposed merger with US leasing giant GECAS, which the two companies unveiled in March. AerCap held a shareholders meeting on 12 May and asked them to back several items relating to the transaction, including the deal itself plus the re-appointment ...
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NewsFormer Wizz and Flybondi executive joins Volotea as CFO
European carrier Volotea has named former Wizz Air and Flybondi executive Mike Powell as its new chief financial officer.
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NewsIATA urges action over rogue lithium-battery shippers
IATA is calling for the criminalisation of rogue lithium-battery shippers as part of moves to ensure the safe carriage of such cargo for airlines.
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NewsQantas’ international restart faces fresh delays
Qantas has pushed back a planned resumption of international flights, following indications from the Australian government that the country’s borders will only reopen in 2022.
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NewsThailand’s third wave complicates restructuring plans
Two major Thai airlines, Thai Airways International and Nok Air, are at different stages of putting together business reorganisation plans outlining how they will restructure their businesses under court protection and emerge stronger from the Covid-19 pandemic.
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NewsUS lawmakers aim to prevent cut-rate airlines from operating to the US
The US House of Representatives has introduced a bill that would prevent cut-rate airlines which have been established under “flags of convenience” to operate in the US.
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NewsCanada to invest an additional C$700m in airport infrastructure
Canada has set aside C$700 million ($579 million) to support the country’s airport infrastructure as it recovers from the coronavirus pandemic.
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NewsFull impact of US pipeline shutdown still unclear, American reroutes two flights
At least one US airline has rerouted flights after a cyber-attack forced the shutdown of a pipeline system that provides nearly half the fuel consumed in the eastern USA.
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NewsGreen Africa unveils initial batch of Nigerian domestic destinations
Nigerian start-up carrier Green Africa Airways has unveiled an initial route network on which to commence operations. The network focuses on its Lagos base and comprises six domestic destinations, including the capital Abuja and Port Harcourt. Green Africa also says it will operate to Akure, Ilorin, Enugu and Owerri, cities ...
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NewsHeathrow urges USA to be added to ‘green list’ as traffic down 92% in April
London Heathrow airport’s operator is calling for the USA to be opened up for restriction-free travel to the UK after disclosing April passenger numbers that were down by more than 90% on pre-crisis levels.
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NewsCroatia Airlines trims losses but first-quarter bookings remain weak
Croatia Airlines has managed to reduce first-quarter operating losses to Kn86.2 million ($13.9 million) compared with the previous figure of Kn95.7 million. Its revenues for the period more than halved to Kn113.6 million. The company says the beginning of the year has been “weaker than expected”, with travel reservations still ...
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NewsLuxair expecting gradual summer recovery after heavy full-year losses
Luxair is expecting a gradual resumption of activities for the summer season, but has revealed the effect of the crisis on its financial performance with a full-year operating loss of nearly €160 million ($194 million). The company recorded a 57% fall in revenues to €263 million. Operating losses for the ...
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NewsIndiGo’s board approves Rs30 billion local equity fundraising
Indian low-cost carrier IndiGo’s board has approved an equity fundraising of up to Rs30 billion ($408 million).
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NewsCebu Pacific first quarter loss widens to Ps6.8 billion
Philippine low-cost carrier Cebu Pacific Air saw its first quarter operating loss balloon to Ps6.8 billion ($124 million) from P692 million a year earlier.
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NewsJazeera and Air Arabia experience contrasting first-quarter fortunes
Kuwaiti budget carrier Jazeera Airways has turned in a first-quarter loss while Sharjah low-cost operator Air Arabia managed to achieve a net profit in the same period. Jazeera Airways is proposing a rights issue of KD10 million ($33 million) to improve its liquidity position, after posting a net loss of ...