News from FlightGlobal – Page 487
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NewsSouth Africa’s Airlink underlines independence with new livery
South African carrier Airlink has unveiled a new livery to mark its move to standalone operations.
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NewsCargolux looking ‘very closely’ at 777-300ER freighter conversion
Cargolux is examining the Boeing 777-300ER freighter conversion as a potential candidate to meet its future fleet requirements, according to the airline’s chief executive Richard Forson.
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NewsKLM keeps focus on retaining destinations despite capacity cuts
Dutch carrier KLM now expects to operate around 40% of its pre-crisis levels of capacity on European routes over the coming months as a result of fresh travel restrictions imposed to counter the coronavirus. It expects to serve around 90-95% of the European destinations it flew to pre-crisis. The majority ...
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NewsEl Al cull continues with departure of chief financial officer
Israeli flag-carrier El Al’s chief financial officer, Dganit Palti, is to step down before the end of this year. Palti’s departure will mark another high-profile change in the wake of the ownership shake-up at the carrier. El Al undertook a share issue in September, as part of a financial rescue ...
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NewsPandemic drives Emirates to its first half-year loss
Emirates Group posted a loss of Dh14 billion ($3.8 billion) for the six months ended 30 September as revenues slumped 74% during the first half of its pandemic-hit financial year.
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NewsLessor Global Knafaim bids to re-enter Israir auction after revising offer
Israeli aircraft lessor Global Knafaim Leasing has submitted a revised offer for leisure airline Israir, having initially failed to advance to the next stage of the bidding process. It has outlined a 107 million ($31.6 million) shekel proposal comprising 35 million shekels in cash and 72 million shekels representing a ...
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NewsThai Airways’ operating losses deepen in Q3
Thai Airways International’s losses deepened and revenues plummeted in the third quarter ended 30 September as the impact of the Covid-19 pandemic on its operations continued to be felt.
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NewsChinese carriers poised to recapture international travel market share: HSBC report
With many of their foreign competitors in the doldrums amid a pandemic-led downturn, China’s three largest carriers — having already experienced a steady domestic recovery — are well-placed to recapture market share in the international air travel market.
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NewsSpiceJet Q2 losses narrow on cargo revenue growth
A steady increase in cargo revenue helped Indian low-cost carrier SpiceJet narrow its quarterly operating loss, even as passenger travel demand remains in the doldrums amid the coronavirus pandemic.
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NewsSMBC Aviation Capital sues Garuda over unpaid rent
SMBC Aviation Capital has joined the list of lessors that are suing Garuda Indonesia over unpaid aircraft lease rentals.
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NewsNew Zealand 787 engine inquiries closed after Rolls-Royce blade fix
New Zealand investigators have closed an inquiry into two incidents involving engine problems on Rolls-Royce-powered Boeing 787-9s operated by Air New Zealand. The country’s Transport Accident Investigation Commission states that the incidents involved fracture of intermediate-pressure turbine blades on Trent 1000 powerplants. Deterioration of these blades was one of several ...
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NewsLufthansa reaches savings deal with ground staff for 2021
Lufthansa has reached a preliminary €200 million ($237 million) savings deal with the Verdi union which provides employment protection for ground staff next year in return for concessions.
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NewsVariety of Covid-19 entry requirements baffles US travellers
US airline customers tend to get confused about region-by-region and state-by-state Covid-19 entry requirements when searching for flights to leisure destinations, often leading them to take the path of least resistance and book flights to Florida beaches, American Airlines’ chief revenue officer Vasu Raja has observed.
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NewsJetBlue chief views 2021 as ‘perfect time’ for London launch
JetBlue Airways plans to launch transatlantic services in the second half of 2021 amid what it expects to be a resurgence in demand for air travel, according to the airline’s chief executive Robin Hayes.
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NewsUK leisure carrier Jet2 to open Bristol base
UK leisure carrier Jet2 is to launch a base at Bristol airport and will offer 29 destinations next summer.
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NewsSouth African start-up Lift set to launch in December
South African start-up carrier Lift is aiming to launch domestic services in December with flights from Johannesburg to Cape Town and George.
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NewsHeathrow blames UK government for ‘catastrophic decline’
London Heathrow has warned that the lack of a Covid-19 airport testing regime in the UK has left it “unable to compete” with rival European gateways, after reporting that passenger numbers in October had declined by 82% year on year. October’s figures represent the “eighth consecutive month of catastrophic decline” ...
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NewsCovid testing at airports ‘a waste of time’: Ryanair chief
Pre-flight testing for coronavirus only makes sense if it is delivered before passengers arrive at airports, in the view of Ryanair group chief executive Michael O’Leary.
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NewsSwiss removes 28 A320s from service for winter
Lufthansa subsidiary Swiss is temporarily withdrawing 28 older Airbus A320-family aircraft from service for the winter timetable to save costs, and instead deploying “more efficient” Airbus A220s, A320neos and A321neos across its short- and medium-haul network.
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NewsLufthansa Group names new chief financial officer
Lufthansa Group has appointed Remco Steenbergen to serve as chief finance officer from 1 January. He currently holds the same position at Swiss chocolate and cocoa manufacturer Barry Callebaut Group. Lufthansa says its finance department will be “re-established” with Steenbergen’s appointment. The airline’s previous finance chief, Ulrik Svensson, stepped down ...