News from FlightGlobal – Page 506
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NewsBidder drops out of running for Glasgow Prestwick airport
A preferred bidder for Glasgow Prestwick airport has pulled out, Scottish ministers have disclosed today.
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NewsJapanese low-cost carrier Peach receives first A320neo
Japanese budget carrier Peach has taken delivery of its first Airbus A320neo.
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NewsAustralia’s Rex to enter the jet business with six 737-800s
Australia’s Regional Express (Rex) has signed letters of intent with two lessors to lease six Boeing 737-800s. The first aircraft will arrive on 1 November, with the remainder to follow in the ensuing four months, says the airline. Source: Wikimedia Commons The flight deck of a 737-800 ...
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NewsSAA suspends operations as rescuers seek to preserve finances
South African Airways has suspended all airline operations while its rescuers assess options to obtain urgent funding for the embattled flag-carrier. While the government has been claiming continuous engagement with potential funding sources, SAA’s rescue practitioners have warned of dwindling reserves, and have been keeping creditors updated over the deteriorating ...
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NewsChina Eastern tweaks bellyhold cargo deal with China Cargo
China Eastern Airlines has adjusted its bellyhold freight business deal with sister carrier China Cargo Airlines, in light of changing market conditions following the coronavirus outbreak. The SkyTeam carrier states that the adjustments come amid falling demand for passenger transport, as well as its recent foray into the “unconventional ...
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NewsJetstar Japan posts 21% decline in full-year operating revenue
Jetstar Japan’s operating revenue declined 21% to Y47.9 billion ($454 million) for the fiscal year ended 30 June, as it grappled with the impact of Covid-19. “Despite strong performance in the first half of the fiscal year, the second half was significantly affected by the sharp decline in aviation demand ...
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NewsAir France to operate last flight from Tegel
Berlin’s airport operator has confirmed that Air France will conduct the last flight from the German capital’s Tegel airport on 8 November – 60 years after the French flag carrier became the first civilian operator at the former military airfield.
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NewsLufthansa cancels Indian flights amid route rights row
Lufthansa is calling for a temporary agreement between Germany and India after it was forced to cancel flights to the country until 20 October amid a row over access under the current travel bubble arrangements. Germany was one of several countries India negotiated a “travel bubble” agreement with in the ...
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NewsUS House bill offers airlines $25bn in additional coronavirus relief
The US House of Representatives is considering an additional coronavirus relief package that would extend the payroll support programme (PSP) for aviation workers through March 2021.
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NewsCaribbean Airlines to reduce salaries, lay off staff
Caribbean Airlines is implementing cost cutting measures including salary reductions, temporary layoffs and reducing discretionary spending in order to manage through the coronavirus crisis.
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NewsAir cargo capacity recovery stalled in August: IATA
Efforts to restore air cargo capacity made little progress in August as the market remained hamstrung by grounded passenger fleets, new IATA figures reveal
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NewsTAP defers lease payments and looks to sell up to eight aircraft
TAP Air Portugal has negotiated payment deferrals covering about 60% of its leased fleet, and is looking at selling up to eight Airbus narrowbodies as well as returning some aircraft early to lessors.
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NewsRussian domestic traffic tops pre-crisis levels in August
Fresh data published by airline association IATA shows passenger traffic in the Russian market surpassed 2019 levels, but that it was a far from uniform picture of improvement across key domestic markets.
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NewsAir Serbia settles debt with Etihad bondholders
Air Serbia has disclosed its repayment of a $57.6 million loan from special-purpose vehicle EA Partners.
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NewsCorsair shareholder to sell majority stake
Corsair’s majority shareholder Intro Aviation intends to sell its stake in the French carrier.
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NewsIATA lowers 2020 passenger traffic hopes on stalled recovery
Airline trade body IATA has lowered its expectations for global passenger traffic this year amid a plateauing in the recovery and bleaker forward booking indicators. IATA now anticipates passenger traffic, as measured in RPKs, this year will be 66% down on 2019 levels. This marks a deterioration on its previous ...
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NewsSwiss chief Kluhr to step down at year-end
Lufthansa Group carrier Swiss’s chief executive, Thomas Kluhr, is to resign from his post at the end of this year, having delayed his departure from March. Swiss states that Kluhr, who has headed the airline for nearly five years, has requested that the board “release him from his duties”, and ...
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NewsE195 marks Vietnam debut with Bamboo Airways
Vietnam’s Bamboo Airways has commenced services with a pair of leased Embraer E195 regional jets, operating the resort island of Con Dao. The two aircraft are wet leased from Denmark’s Great Dane Airlines, says Embraer. It adds that this marks the service debut for the type in Vietnam. ...
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NewsJAL, Volocopter eye Japan air taxi launch within three years
Japan Airlines (JAL) and Volocopter will work together to promote urban air mobility for both passengers and goods in Japan. “The agreement outlines that Volocopter and JAL work on permanent sustainable commercial operations of air taxis in Japan,” says JAL. Source: Volocopter An artist’s impression of Volocity air ...
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NewsUnited pilots agree to belt-tightening measures to avoid furloughs
United Airlines’ pilots have agreed to measures, including a reduction in flight hours, that would avoid 2,850 furloughs that had been scheduled to begin later this week.