News from FlightGlobal – Page 488
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NewsAir Arabia posts third-quarter loss as crisis impact continues
Air Arabia made a net loss of Dh44 million ($12 million) on revenues down 80% in the third quarter, a period in which the low-cost carrier was able to resume services after the initial pandemic lockdown. The group carried 665,500 passengers in the three months to end-September across its five ...
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NewsRussia’s S7 introduces premium A319s with low-density layout
Russian carrier S7 Airlines has reconfigured a pair of Airbus A319s to increase premium accommodation on the type for high-demand business routes. The carrier has fitted just 96 seats to the aircraft, including 24 in the business-class cabin. S7’s A319s have featured a single-class arrangement with 144 seats, while Airbus ...
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NewsSecond Iran Air aircraft makes wrong-runway landing at Tabriz
Iranian investigators have indicated that an Airbus A319 crew landed on the wrong runway at Tabriz airport after becoming accustomed to using it on two previous flights. The Iran Air aircraft (EP-IEP) had been inbound to Tabriz from Isfahan on 7 October but, despite being cleared to land on runway ...
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NewsRevenue collapse widens Cebu Pacific third-quarter loss
Cebu Pacific continued its loss-making streak for the third quarter this year, as it widened its operating losses on the back of a steep revenue decline. For the quarter ended 30 September, the Philippine low-cost carrier and its subsidiaries reported an operating loss of Ps6.7 billion ($139 million), reversing ...
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NewsSingapore, Hong Kong travel bubble begins 22 November
The air travel bubble between Singapore and Hong Kong — the first such arrangement for both cities — will commence on 22 November, allowing for all forms of travel without having to undergo a 14-day quarantine. Outlining further details on the travel arrangements, the Civil Aviation Authority of Singapore ...
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NewsComac delivers first ARJ21 to China Express
China Express Airlines has become the country’s seventh operator of the Comac ARJ21 regional aircraft, after taking delivery of its first example.
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NewsUnited Airlines returns to New York’s JFK airport
United Airlines will return to New York’s John F Kennedy International airport in early 2021 with flights to the US West Coast, aiming to benefit from new trends in travel following the coronavirus crisis.
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NewsLufthansa lifts liquidity with €600m bond issue
Lufthansa has bolstered its liquidity by placing a €600 million ($712 million) convertible bond. The German airline group says the transaction was more than six times oversubscribed. The bonds, which have an annual coupon of 2%, are redeemable in November 2025. Source: Lufthansa Lufthansa Group executive board ...
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NewsAeroflot chief Saveliev to become Russian transport minister
Long-serving Aeroflot Group chief executive Vitaly Saveliev is set to become Russian transport minister after he was nominated for the role by prime minister Mikhail Mishustin. The transport ministry says that Saveliev will take over, following a Russian presidential decree dated 10 November. Saveliev has led the Russian carrier group ...
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NewsUnion conflict erupts at TUIfly over restructuring plan
Management at German leisure carrier TUIfly and pilot union Vereinigung Cockpit are blaming each other for a breakdown in talks about restructuring measures amid the air transport crisis.
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NewsWizz signs ‘indefinite’ contract with chief Varadi
Wizz Air chief executive Jozsef Varadi has agreed to lead the central European budget operator indefinitely. In a 10 November stock-exchange notice, Wizz says it has agreed a new service contract with Varadi. Source: BillyPix “The contract term is indefinite and the terms of his service agreement ...
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NewsVaccines mean summer could see 80% of 2019 demand: Ryanair chief
Intra-European air travel is likely to see “some degree of normality” in summer 2021 as a result of positive vaccine developments, according to Ryanair group chief executive Michael O’Leary.
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NewsNorwegian flags ‘significant’ bankruptcy risk amid heavy losses
Scandinavian budget carrier Norwegian has today warned that it faces a “significant risk” of insolvency, as it revealed a third-quarter net loss of NKr980 million ($108 million). Still reeling from the Norwegian government’s 9 November announcement that it would not provide any more financial support to the struggling airline, the ...
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NewsArkia-Israir merger proposal among bids for Israeli leisure carrier
Israeli carrier Arkia has revealed it is bidding to take over leisure operator Israir, one of multiple parties to have declared formal interest in acquiring the carrier. Israir is being auctioned as part of a restructuring of troubled parent company IDB Development. Arkia says it would pursue Israir “by way ...
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NewsCFM picks up Leap orders, maintenance work with Chinese carriers
CFM International has inked long-term contracts with China Eastern Airlines and Zhejiang Loong Air for the maintenance of Leap-1A engines on their Airbus A320neo aircraft. The enginemaker, a joint venture between France’s Safran and GE Aviation, signed a 12-year, rate-per-flight-hour agreement with both carriers, which will see it base maintenance ...
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NewsMexico’s VivaAerobus returns to 100% of pre-covid capacity
Mexico’s VivaAerobus says it will become the first airline in the Americas to return to 100% of pre-coronavirus capacity in November.
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NewsEU strikes back in subsidy dispute with 15% duty on Boeing jets
Boeing aircraft imported to the European Union are to carry a 15% tariff after European regulators imposed their own countermeasures in the long-running transatlantic subsidies dispute. The measures will take effect from 10 November, following the World Trade Organization’s authorisation on 26 October for the EU to place duties worth ...
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NewsCanada supports essential air service in Yukon
The government of Canada has signed a new agreement to support essential air services to remote communities in the far-northwestern province of Yukon.
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NewsNorwegian blames lack of government support for drastic cutbacks
Norwegian is to furlough an additional 1,600 staff and park 15 of its 21 operational aircraft, blaming a lack of additional government support and the added burden of new travel restrictions for the cutbacks.
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NewsCitation exhaust intoxicated in-trail A320 crew: investigators
French investigators have considered the possibility that carbon monoxide from a preceding business jet intoxicated the crew of a Vueling Airbus A320 after it departed Geneva. The A320 (EC-HQJ), bound for Barcelona, taxied and took off behind a NetJets Cessna Citation 560XL on 17 November 2017. “Shortly after the retraction ...