News from FlightGlobal – Page 509
-
NewsUS rule on early 777 fuel-tank inerting overrides foreign carriers’ objections
US safety regulators have adopted a controversial rule aimed at modifying early Boeing 777s to reduce the risk of a centre fuel-tank explosion, having dismissed multiple objections by foreign operators of the type. Part of a long-running FAA effort to reduce the risk of fuel-vapour explosion across a range of ...
-
NewsRwandAir seeks to acquire freighter
The African carrier is “looking at acquiring a cargo freighter in the near future”, its chief executive Yvonne Makolo tells FlightGlobal.
-
NewsTUI brings down winter capacity as short-term booking trend persists
Leisure company TUI Group has further cut its winter capacity, to around the 40% level, as it laments the uncertainty over travel restrictions to which it attributes a persistent trend for short-term bookings. TUI had stated in August that it was reducing capacity for the winter 2020-21 season by 40%. ...
-
NewsRex taps private equity for $110m to launch domestic operations
Australia’s Regional Express is in “advanced exclusive negotiations” with PAG Asia Capital for up to A$150 million ($110 million) funding to support its plans for commencing domestic operations. Rex describes PAG as a leading Asia-Pacific-focused private investment firm and the parties inked a long-form term sheet on 21 September evening, ...
-
NewsUS lawmakers propose additional $29bn in airline support for staff
Two US senators have introduced a bill that would provide airlines with another $28.8 billion in funds earmarked for employee expenses incurred through March 2021.
-
NewsLufthansa to mothball entire A380 and A340-600 fleet
Lufthansa Group will put all of its Airbus A380s and 10 of its A340-600s into long-term storage, only to be reactivated in the event of an “unexpectedly rapid market recovery”, and will permanently remove the remainder of its A340-600 fleet from service.
-
NewsNew York bankruptcy court green-lights LATAM’s revised financing proposal
LATAM Airlines’ revised debtor-in-possession financing proposal has been approved by a bankruptcy court in New York,
-
NewsAirlines UK-commissioned study calls for reopening of US routes
Ongoing travel restrictions between the UK and the USA will negatively affect the former’s economy by £32 million ($41 million) a day by the beginning of October, but losses could be reduced and confidence restored if some markets between the two countries were allowed to reopen later this year, according to a new study carried out by York Aviation on behalf of Airlines UK.
-
NewsState takes 14% of El Al as Knafaim is displaced as main shareholder
Israel’s government has taken a 14% shareholding in flag-carrier El Al, during a share offering which led to a change in its largest shareholder. Kanfei Nesharim Aviation has acquired a near-43% share of El Al after it picked up more than 585.6 million shares. Even at the minimum price for ...
-
NewsNorway extends airline loan guarantee scheme until year-end
Norway is to set extend its aviation loan guarantee scheme until the end of the year in a move it hopes will make it more attractive to airlines.
-
NewsCathay Dragon suspends KL after coronavirus cases on board
Cathay Dragon has been banned from operating flights to Kuala Lumpur for two weeks, after five passengers on board a recent flight tested positive for the coronavirus. The five passengers were on the Cathay Dragon flight from the Malaysian capital on 18 September. All of them were connecting passengers ...
-
NewsSilverstone Fokker 50 wrecked in Mogadishu excursion
Images circulating on social media indicate that a Kenyan-registered Fokker 50 turboprop has been substantially damaged in a 19 September accident at Mogadishu, the capital of Somalia. The aircraft (5Y-MHT) has come to rest apparently after striking a concrete wall off the right side of runway 05, suffering severe damage ...
-
NewsCan passengers evacuate jets in 90sec? US government report urges FAA to find out
Citing changed passenger demographics and behavior, as well as more seats in aircraft and concerns about carry-on luggage, a US government report urges the Federal Aviation Administration to review whether passengers really can evacuate a packed airliner in the required 90sec.
-
NewsEmirates Group division to set up kosher catering venture
Emirates Group’s in-flight catering operation is to establish a dedicated production facility to produce kosher meals, those which comply with strict traditional Jewish dietary requirements. The Dubai-based company says the operation, to be known as Kosher Arabia, will be formed through a partnership and commence production in January next year. ...
-
NewsSouth African Airways will not be liquidated: government
South Africa’s government is insisting that flag-carrier South African Airways will not be liquidated, and that it will detail measures relating to funding the airline in upcoming legislation. Its department of public enterprises gave the reassurance as creditors met to discuss the airline’s future, after its rescue practitioners warned that ...
-
NewsAerSale buys 24 757-200s for freighter conversions and part-out
Aircraft trader and support specialist AerSale has acquired 24 Boeing 757-200 passenger jets that were stored at its facilities in Arizona and New Mexico.
-
NewsRyanair cuts October capacity again as restrictions impact deepens
Ryanair is planning to reduce its October capacity by 20%, on top of the 20% cut that it announced in mid-August. The budget carrier now expects to operate at around 40% of its 2019 levels in October, down from 50% previously, although it does project load factors of at least ...
-
NewsEasyJet taps TUI aviation head Jarvis for finance role
EasyJet has named TUI Group’s aviation head Kenton Jarvis as its new chief financial officer, where he will team up again with chief executive Johan Lundgren.
-
NewsRyanair and Italian authorities complete ‘cordial’ Covid-19 meeting
The Italian civil aviation authority says its meeting with Ryanair regarding adherence to the country’s Covid-19 health measures was “cordial”, with the airline reafirming its committment to enforcing all requirements.
-
NewsIcelandair Group receives strong response to share offer
Icelandair Group has received a strong response to its share offering, with an oversubscription reaching some 85% more than the planned allocation. The offering – initially intended to cover IcKr20 billion ($147 million) in new shares, through separate share batches of IcKr17 billion and IcKr3 billion – closed on 17 ...