News from FlightGlobal – Page 429
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NewsProfitability will return with business and long-haul travel: United’s Kirby
United Airlines’ chief executive Scott Kirby says that the carrier will not turn a profit until business travellers and long-haul international travellers return in greater numbers.
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NewsCargo proves strong as Icelandair awaits passenger traffic recovery
Icelandair Group has highlighted cargo activity as a strong performance area in the first quarter, a period in which the company generated a net loss of just over $30 million. Revenues for the first three months of the year reached $57.3 million, a decline of 73%, but the company points ...
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NewsGol sees bookings rise as Covid cases recede
Brazilian airline Gol expects sales to pick up as the second wave of the coronavirus recedes in that Latin American country, and potential customers begin to once again make travel plans.
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NewsNorwegian aims to fly 50 aircraft this year, once restrictions lift
Restructuring low-cost carrier Norwegian plans to ramp-up its operations to a peak of 50 short-haul aircraft this year once travel restrictions are lifted and to reach 70 aircraft next year.
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NewsKLM aims to complete 737-800 cabin upgrades by March 2022
Dutch carrier KLM has debuted a cabin upgrade for the first of 14 Boeing 737-800, a fleet revamp it aims to complete by March next year.
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NewsLufthansa reducing cash outflow as it looks to possible capital increase
Lufthansa Group has repaid about half the €2.3 billion ($2.8 billion) it drew through German stabilisation measures and is seeking shareholder authority for another possible capital increase. “The timing and amount of a possible capital increase have not yet been decided. It will depend on various factors, not least of ...
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NewsTransat secures C$700m in government aid
Transat, the parent company of Canadian leisure carrier Air Transat, has reached a deal to borrow up to C$700 million ($569 million) from the Canadian government.
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NewsLufthansa to operate 40% capacity this year after posting €1.1bn Q1 loss
Lufthansa Group expects to operate around 40% of pre-crisis capacity across this year after today disclosing an adjusted EBIT loss of €1.1 billion ($1.3 billion) as the pandemic continued to hit traffic in the first quarter.
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NewsAPAC traffic in March reflects ‘dire operating conditions’: AAPA
Asia-Pacific carriers flew just 1.1 million international passengers in March, equivalent to 13% of passenger volumes in the year-ago period when travel began to sharply decline, preliminary figures by the Association of Asia Pacific Airlines (AAPA) show, a reflection of “dire operating conditions”.
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NewsSriLankan aligns passenger network around cargo
SriLankan Airlines is rebuilding its passenger network in line with its cargo operations, after the carrier experienced a near-total collapse of its tourism sales last year as a result of Covid-19, chief executive Vipula Gunatilleka has disclosed.
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NewsAvelo launches operations with flight from Burbank to Santa Rosa
Avelo Airlines, a new US startup passenger carrier, has completed its inaugural flight from Burbank, in the Los Angeles suburbs, to Santa Rosa, north of the San Francisco Bay Area.
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NewsSwiss poised to announce further cuts and pivot to leisure markets
Lufthansa Group carrier Swiss is set to announce a further reduction in the size of its business and an increased focus on leisure markets, according to the airline’s chief executive, Dieter Vranckx.
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NewsAvianca Holdings chief Van der Werff selected to lead SAS
Latin American airline operator Avianca Holdings’ head, Anko Van der Werff, is to take up the position of chief executive of Scandinavian flag-carrier SAS by mid-July. Van der Werff will succeed Rickard Gustafson, who will relinquish his position in May and hand control in the interim to chief commercial officer ...
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NewsStruggling Mango cancels flights today over late payments
South African Airways low-cost carrier Mango Airlines suspended flights today due to payment outstanding to the country’s airports’ operator ACSA , though the latter has since lifted its block on the struggling state-owned airline operating.
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NewsAzerbaijan’s Silk Way signs for five Boeing 777 freighters
Silk Way West Airlines has placed an order for five Boeing 777 Freighters, the Azerbaijani carrier’s first commitment for the long-haul twinjet.
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NewsFinnair reviewing timeframe for single-aisle modernisation
Finnair intends to adopt temporary measures to manage its single-aisle fleet after putting narrowbody modernisation plans on hold while the pandemic crisis persists. Prior to the pandemic the airline had been discussing particularly the introduction of Airbus A320neos or “similar aircraft” from other suppliers, said chief executive Topi Manner during ...
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NewsCambodia considers allowing vaccinated tourists in fourth quarter
Cambodia is studying the feasibility of allowing vaccinated tourists from low-risk markets to enter the country by the fourth quarter. Tourism minister Thong Khon said his ministry will work with provincial authorities and the vaccination commission to vaccinate locals and tourism providers, according to a 27 April update on the ...
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NewsPIA to halve workforce, cut fleet: reports
Pakistan International Airlines (PIA) has reportedly gotten the green light to halve its workforce of 14,000 and cut its fleet to no more than 30 aircraft, amid continued full-year losses.
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NewsHawaiian Airlines Q1 loss narrows as US mainland passengers return
Hawaiian Airlines says it saw a marked increase in passengers from the US mainland, which helped stem the carrier’s losses for the first quarter of the year.
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NewsJetBlue narrows loss as customers book further ahead
JetBlue Airways has seen “meaningful progress” to a sustainable rebound in the past weeks, as passengers begin to return in greater numbers and to plan further ahead.