News from FlightGlobal – Page 503
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NewsHigher-weight A330-900 secures European certification
Airbus’s higher-weight A330-900 has obtained certification from the European airworthiness authority, enabling operators to take advantage of greater range. The aircraft, the larger variant of the A330neo family, has a maximum take-off weight of 251t. French carrier Corsair will be the first carrier to introduce the new version. Airbus commenced ...
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NewsAir Canada 737 Max transactions garner $365 million
Air Canada has sealed sale-and-leaseback transactions for three Boeing 737 Max 8 aircraft with Jackson Square Aviation and six Max 8 aircraft with Avolon for total proceeds of $365 million. Boeing delivered these nine Max aircraft to Air Canada during the past three years, the carrier stated 8 October in ...
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NewsZipair Tokyo to start passenger flights on 16 October
Japanese start-up Zipair Tokyo will begin passenger flights to Seoul Incheon on 16 October after a planned earlier launch was delayed by the Covid-19 crisis.
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NewsAirports saw 58% drop in passengers during first half of 2020
Worldwide airport passenger numbers were down 58.4% year on year during the first half of 2020 as the pandemic weighed on travel demand, according to ACI World data released today.
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NewsPortuguese government completes TAP stake increase
Portugal’s government has completed its acquisition of an additional 22.5% stake in TAP, clearing the way for the airline to access the rest of its state loan.
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NewsFlypast marks British Airways 747s’ final Heathrow departure
British Airways’ final pair of London Heathrow-based Boeing 747-400s have departed the UK hub, following the airline’s decision to retire the type from service. Aircraft G-CIVB, painted in the ‘Negus’ heritage livery for the airline’s 100th anniversary, lifted off at 08:40 on 8 October, followed immediately by G-CIVY about 1min ...
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NewsEasyJet expects full-year losses of more than £800m
EasyJet is set to make a group headline loss for the year ended 30 September of between £815-£845 million ($1-$1.1 billion) and expects to fly only a quarter of its planned capacity over the remainder of the calendar year as the pandemic continues to hit demand.
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NewsIcelandair sells three 757-200s for freighter conversion
Icelandair Group is to sell three of its Boeing 757-200s, which will be converted into freighters following the transaction. Disposal of the Icelandair aircraft will generate about $21 million in net proceeds, the company says. It has not identified the buyer of the twinjets. Two of the aircraft are 1994 ...
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NewsCebu Pacific to raise $500 million in fresh capital
Cebu Pacific announced plans to raise up to $500 million in additional capital — by selling preferred shares and bonds — as it undertakes a restructuring exercise that sees it cut its fleet and network to cope with reduced travel demand. The Philippine low-cost carrier discloses that it will raise ...
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NewsMore airport jobs cuts announced as UK studies testing initiative
MAG, the owner of London Stansted and Manchester airports, has become the latest UK airport operator to open talks with unions over cuts amid the continued slump in air traffic as a result of the coronavirus crisis.
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NewsQatar Airways adds new US link with San Francisco flights
Qatar Airways is to launch flights to San Francisco this December, adding the west coast city to its US network for the first time.
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NewsAustrian cuts back winter capacity as Covid-19 cases rise
Austrian Airlines has become the latest European carrier to scale back winter capacity amid rising coronavirus infections and ongoing travel restrictions.
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NewsWizz Air to launch domestic Norwegian services
Wizz Air plans to establish a base at Oslo Gardermoen airport and operate domestic Norwegian services to Bergen, Tromso and Trondheim from early November.
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NewsAlaska speeds retirement of 10 Airbus A320s
Alaska Airlines will retire 10 of the Airbus A320 aircraft it owns earlier than intended, accelerating its cost-saving transition back to the all-Boeing fleet structure it operated before acquiring Virgin America.
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NewsEasyJet Switzerland to cut two aircraft and 70 jobs
The unit has begun a formal consultation process on cuts at its Basel operation.
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NewsSingapore reiterates support for SIA, Changi Airport through pandemic
The Singapore government has pledged to support troubled national carrier Singapore Airlines (SIA) and the Changi Airport Group (CAG) “as much as we can” through a “deep crisis”, as it mulls a safe and steady reopening of its borders. Speaking at a parliamentary sitting on 6 October, transport minister Ong ...
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NewsTrump halts negotiations on bill that included airline aid
Hope that lawmakers might agree to a second airline financial aid package grew dim on 6 October, after President Donald Trump called an end to negotiations, leaving thousands of furloughed aviation workers with no immediate prospect of returning to their jobs.
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NewsSouthwest to cut pay in order to avoid furloughs through 2021
Southwest Airlines will cut employee pay in order to attempt to prevent furloughs through the end of 2021.
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NewsBraathen to launch new Norwegian airline
A team led by experienced industry executive Erik Braathen is planning to launch an airline in Norway that reflects “the new economic reality”.
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NewsIATA warns of imminent airline bankruptcies
The world’s airlines are haemorrhaging cash at a rate of around $300,000 per minute or $13 billion per month, which could force large swathes of the industry into bankruptcy within months, IATA has warned. With traffic levels set to remain stunted through 2021, IATA believes carriers will continue to burn ...