News from FlightGlobal – Page 449
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NewsAirAsia X continues loss-making streak amid grounding, restructuring
Beleaguered AirAsia X stayed in the red at the operational level, despite narrowing its losses on a quarter-to-quarter basis.
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NewsBetter use of space assets eyed for Asia-Pacific ATM
Singapore is conducting work related to how space-based technology can improve air traffic management (ATM), while IATA is working to improve traffic flows during the pandemic.
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NewsFinal lessor creditor agrees to Malaysia Airlines’ restructuring
The final lessor creditor under Malaysia Airlines’ scheme of arrangement has given consent to that scheme as well as the carrier’s wider restructuring after previously facing challenges getting approval from its financiers. Justice Richard Snowdon, a judge at the High Court of England and Wales, said in a judgement dated ...
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NewsCrew alarmed by speed decay before American 757 abruptly pitched down
Investigators probing an abrupt manoeuvre by an American Airlines Boeing 757-200 have indicated that the crew suddenly pitched the aircraft nose-down after realising the airspeed had unexpectedly bled away. The aircraft had been approaching New York JFK on 6 September 2018, following a service from Edinburgh. As the aircraft neared ...
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NewsPobeda to open second Moscow base with flights from Sheremetyevo
Russian budget carrier Pobeda is to open services from a second Moscow base, operating from the capital’s Sheremetyevo airport. Pobeda is part of Aeroflot Group alongside Aeroflot and Rossiya. Moscow Sheremetyevo is Aeroflot’s main base. The expansion will involve Pobeda’s opening services to 12 cities in Russia, as well as ...
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NewsA320 landed off-runway at Rio after drifting far from centreline
Pilots of an Avianca Brasil Airbus A320 did not execute a go-around despite the aircraft’s drifting off the runway axis during approach to Rio de Janeiro, and subsequently landing far to the right and travelling onto rough ground. Although the crew – arriving from Salvador on 3 March 2019 – ...
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NewsUnited to pay $49.5 million to settle postal fraud case
United Airlines has agreed to pay more than $49 million to resolve criminal charges and civil claims relating to postal service fraud for transporting international mail.
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NewsCzech Airlines files for reorganisation
Czech Airlines (CSA) has filed for reorganisation under insolvency regulations as “the last option to save the company” unless it receives government financial support.
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NewsArrival of versatile E195-E2 offers ‘glimmer of hope’: KLM Cityhopper chief
KLM Cityhopper believes the arrival of its first Embraer 195-E2s can help to spearhead the Dutch carrier’s recovery from the pandemic downturn as the new jets will offer the wider group greater flexibility.
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NewsBA premium-economy roll-out plays well for recovery phase: Doyle
British Airways chief executive Sean Doyle believes the increased mix of premium-economy seating in its capacity is well timed to cater for the likely slower pick-up in business traffic during the pandemic recovery phase.
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NewsIAG sees long-haul driving passenger revenues since September
IAG carriers British Airways and Iberia have been generating the majority of their passenger revenues from long-haul flights in recent months, driven by resilient demand for visiting friends and relatives (VFR) travel.
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NewsTexan aviation investment group MDI acquires three Austrian 767s
Lufthansa Group carrier Austrian Airlines has agreed to sell three of its Boeing 767-300ERs to a US company, Texas-based MonoCoque Diversified Interests. Austrian says the first of the 767s will be transferred at the beginning of March with a second to be handed over in May. The carrier had disclosed ...
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NewsNorwegian posts $2.7bn annual loss
Norwegian made a net loss of NKr23 billion ($2.7 billion) in 2020, dramatically deepening one of NKr1.61 billion in 2019, as its long-haul low-cost business model was devastated by the Covid-19 pandemic.
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NewsItalian ministers to discuss Alitalia successor with EU
Italian government ministers are set to meet with European Commission representatives to discuss plans to establish a new national carrier. The airline, which has initially been branded ITA, is emerging from the restructuring of troubled flag-carrier Alitalia. “We evaluated the possibility of continuing the ITA project and expressed the desire ...
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NewsPrior United 777 blade-out might give clues to UA328 engine structure loss
While US investigators disagree with the immediate impression that the recent United Airlines Boeing 777-200 engine incident was one of uncontained failure, the extent of the damage to the powerplant was nonetheless catastrophic. Uncontained failure is defined as the inability of the engine casing to prevent high-energy rotating parts, such ...
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NewsGallego sees Air Europa deal more likely to close in late 2021
IAG chief executive Luis Gallego expects completion of the group’s planned acquisition of Spanish carrier Air Europe to be nearer to year-end, having set a second-half target to close the delayed deal.
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NewsIAG to operate 20% of capacity in first quarter after tumbling to €7.4bn loss
British Airways and Iberia parent IAG expects to operate just a fifth of its 2019 capacity in the first quarter after disclosing it swung to a €7.43 billion ($9.1 billion) operating loss last year. IAG posted a €1.47 billion loss for the fourth quarter, a period in which it operated ...
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NewsBangkok Airways posts 69% decline in full-year operating revenue
Bangkok Airways’ losses widened in 2020, as it reports a 69% decline in operating revenue to Bt7.95 billion ($262 million) for the year. Revenue from its airline business, which accounted for 55% of the company’s total revenue in 2020 versus 67% in 2019, was down 70% year-on-year to Bt5.64 billion ...
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NewsAustralian competition watchdog re-authorises American, Qantas joint venture
The Australian Competition & Consumer Commission (ACCC) will re-authorise the joint venture between Qantas Airways and American Airlines across the Pacific.
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NewsColombian civil aviation chief to head ICAO
Colombia’s Juan Carlos Salazar has been named as the new Secretary General of the International Civil Aviation Organization (ICAO).