News from FlightGlobal – Page 486
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NewsStobart Group still plans airline exit despite Aer Lingus franchise setback
Stobart Group still intends to divest its regional operator Stobart Air by the end of the financial year, despite Irish carrier Aer Lingus’s deciding not to renew a franchise agreement with the company. Aer Lingus has been using Stobart Air for regional connections for several years and Stobart Group had ...
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NewsEtihad becomes latest carrier to schedule UAE-Israel flights
United Arab Emirates carrier Etihad Airways is to open full services between Abu Dhabi and the main Israeli hub at Tel Aviv, from the end of the winter season. Etihad Airways will serve the Tel Aviv route daily, and year-round, from 28 March next year. Its reservations system indicates it ...
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NewsQantas celebrates centenary in shadow of pandemic, quietly hopeful about future
Qantas chief Alan Joyce has expressed optimism about the carrier’s prospects of its ultra-long-haul Project Sunrise, stating that the “business case for that is going to be even better” once the gloom surrounding the coronavirus crisis lifts.
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NewsKorean Air to take over rival Asiana
In a major shake-up of the country’s airline industry, the owner of South Korea’s flag carrier Korean Air has announced a W1.8 trillion ($1.62 billion) takeover bid for embattled rival Asiana Airlines.
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NewsAlliance Aviation acquires Toll Group MRO unit
Australia’s Alliance Aviation will acquire transportation and logistics giant Toll Group’s MRO unit, in what it calls a deal of “great strategic value”.
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NewsCroatia Airlines to shore up liquidity with Kn350m government injection
Croatia Airlines is to hold an extraordinary general assembly to approve a recapitalisation scheme which involves raising Kn350 million ($54.7 million) through a share issue. Under the proposal, to be discussed at the 14 December assembly, the share capital of the airline would increase from Kn277.8 million to Kn627.8 million. ...
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NewsCathay’s ‘very difficult’ October sees first traffic decline in months
Cathay Pacific cut capacity in October — the first time in nearly half a year — as it saw passenger load factor for the month plummet to its lowest since the start of the coronavirus outbreak.
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NewsHawaiian Airlines’ frequent travellers can redeem miles for Covid test
Hawaiian Airlines says that frequent fliers can redeem air miles to pay for a coronavirus test that would allow them to bypass the state’s 14-day mandatory quarantine.
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NewsAvianca slides to $156 million third-quarter operating loss
Avianca Holdings has posted an operating loss of $156 million for the three months ended 30 September.
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NewsVolga-Dnepr An-124 damaged in departure accident at Novosibirsk
One of Russian outsize freight operator Volga-Dnepr Airlines’ Antonov An-124s has suffered substantial damage after a departure accident apparently involving engine failure. Images of the aircraft (RA-82042) at Novosibirsk show it came to rest on rough snowy ground, on its fuselage underside, with extensive damage to its inboard left-hand Progress ...
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NewsAirlines have ample capacity for vaccine transport: Cargolux chief
Concerns about a lack of air cargo capacity for the global distribution of Covid-19 vaccines – even those requiring the maintenance of extremely cold temperatures during transit – are unfounded, in the view of Cargolux chief executive Richard Forson.
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NewsVietnam clears project funding for new Ho Chi Minh City airport
Hanoi has signed off on funding of VND109 billion ($4.7 billion) for the first phase of Ho Chi Minh City’s new airport, to be located in nearby Long Thanh province. Deputy prime minister Trinh Dinh Dung signed the decision on 11 November, according the Civil Aviation Authority of Vietnam. ...
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NewsVietjet, UPS in cargo flight tie-up
Vietnamese low-cost carrier Vietjet Air and logistics firm UPS have entered a cargo partnership agreement.
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NewsSIA boosts liquidity with S$850 million bond issue
Singapore Airlines (SIA) has successfully raised S$850 million ($630 million) through a convertible bond issue.
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NewsAir New Zealand names new finance chief
Air New Zealand has appointed its former senior executive Richard Thomson as its next chief financial officer.
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NewsJetBlue will stop blocking middle seats in January
JetBlue Airways is the latest US carrier to announce plans to unblock middle seats, citing research showing passengers face a low risk of catching coronavirus on an aircraft.
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NewsAmerican eyes 737 Max delivery deferrals
American Airlines expects to defer Boeing 737 Max deliveries in the coming years but still anticipates acquiring some new Max from Boeing this year.
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NewsIATA calls on Latin American countries to lower travel barriers
Aviation trade group IATA is calling on Caribbean and Latin American governments to implement more coronavirus testing, reduce taxes and quit restrictive quarantine requirements in order to kick-start travel as carriers prepare for a high season beginning with end-of-year holidays.
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NewsUS airlines expect nearly 40% Thanksgiving air travel slump
US airlines trade group Airlines for America (A4A) expects 39% fewer passengers during this year’s Thanksgiving holiday period which will be characterized by markedly different travel patterns as the country is experiencing a widespread third wave of coronavirus infections.
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NewsPost-storage A321 aborted take-off over pitot blockage
Wizz Air UK has revised its return-to-service processes after an Airbus A321, whose crew aborted take-off at high speed, was found to have a pitot probe blocked by insect activity. The aircraft (G-WUKJ) had reached 120kt – the V1 decision speed – during its departure roll from runway 20 at ...