News from FlightGlobal – Page 511
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NewsEmirates deploys A380 on Moscow route to meet ‘strong demand’
Emirates has upgauged the aircraft deployed for its newly restarted Dubai-Moscow service to an Airbus A380.
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NewsItaly again cites Ryanair over compliance with Covid measures
Italy’s civil aviation authority is meeting with Ryanair on 16 September to discuss allegations of non-compliance with the country’s Covid-related health measures.
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NewsRussia’s Utair seeks return to strategic plan from 2022
Russia’s Utair Group is expecting to return to its strategic course from 2022, as the impact of the air transport crisis begins to subside. Utair Group states, in a first-half briefing, that the crisis might “drag on” until the beginning of the peak season of 2021, but that it plans ...
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NewsTroubled Nok to improve fleet efficiency, seek alternative revenue sources
Thai low-cost carrier Nok Air, which recently filed for business rehabilitation, will improve fleet efficiency, seek alternative revenue streams, and adjust its marketing efforts - all in a bid to reduce costs. The latest move comes as the troubled carrier’s securities were given the ‘caution’ sign by the Thai stock ...
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NewsAsiana receives $2 billion state funding after failed HDC deal
South Korea’s government will step in to manage Asiana Airlines, giving the carrier a W2.4 trillion ($2 billion) fund injection after an acquisition deal with a Hyundai Development (HDC)-led consortium fell through. The funds will come from the country’s Key Industry Stabilisation Fund with a three-year tenor from the date ...
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NewsIATA encourages Canada to relax travel restrictions
The International Air Transport Association (IATA) has called on the government of Canada to relax its stringent travel restrictions and allow air travel within, to and from the country to return to a semblance of normalcy.
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NewsSwedavia cites commercial case for early closure of Stockholm’s Bromma airport
Swedish state-owned airports operator Swedavia has set out the commercial case for the early closure of Stockholm’s Bromma airport in an impact assessment carried out for the government in the light of the global pandemic.
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NewsFAA extends slot relief at seven major US airports
The Federal Aviation Administration is proposing to extend slot relief at seven major US airports so as not to penalise airlines that reduced flying as a result of the aftermath of the coronavirus pandemic.
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NewsGovernment clears El Al support as Israel heads for new lockdown
Israel’s government has approved the decision to provide assistance to flag-carrier El Al, adding that its share acquisition will be conducted in a manner such that the state does not exceed a 44.9% stake in the airline. El Al is planning to issue 753.3 million shares to raise urgent funding ...
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NewsEuropean Commission agrees to waive 80:20 airline slot rule for winter
The waiver conditions agreed between airlines, airports and slot coordinators earlier in September will be applied immediately, “pending the adoption of fully enforceable conditions”, says European Commissioner for Transport, Adina Valean.
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NewsLondon City outlines plans to cut nearly 240 jobs
London City airport’s operator has outlined plans to cut nearly 240 jobs as part of its response to the air transport crisis. It has opened a formal consultation with staff on the restructuring measure which, it says, will affect 35% of roles. Commercial services were halted on 25 March but, ...
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NewsGreenpeace to launch legal challenge over KLM state aid
Environmental group Greenpeace is to launch a legal challenge to block the Dutch government’s planned €3.4 billion ($4 billion) rescue support for national carrier KLM arguing green conditions tied to the bailout are not strong enough.
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NewsEurocontrol laments ‘backwards’ progress as recovery track diverges
Eurocontrol is blaming a lack of crisis co-ordination among countries for handling air travel, after it revised downwards its expectations for traffic recovery to early 2021. Director general Eamonn Brennan says the situation is “going backwards” and that the development is “really worrying” for the airline industry. Eurocontrol puts the ...
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NewsThai Airways aims to hold creditors’ meeting in early 2021
Thai Airways International has received the Central Bankruptcy Court’s approval for business rehabilitation and targets to hold a creditors’ meeting early next year. The court has also accepted and appointed the airline’s nominations for rehabilitation planners, Thai says in a statement today. Source: Shutterstock Thai Airways fleet at ...
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NewsFrench Bee eyes arrival of A350-1000s, as pandemic fails to dent optimism
Paris Orly-based long-haul, low-cost carrier French Bee remains in upbeat mood despite the coronavirus crisis and will next year significantly expand its fleet with the addition of two leased Airbus A350-1000s.
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NewsCathay to park 40% of fleet in long-term storage overseas
Beleaguered Cathay Pacific will move about 40% of its fleet to long-term storage locations overseas, as it adjusts downwards its forecasted capacity for the coming months. In its monthly traffic results for August, Cathay confirms that it is parking a significant number of aircraft overseas, given that it “will be ...
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NewsArab-Israeli flight prospects broaden as Oman backs Bahraini diplomatic move
Oman’s government has welcomed the decision by Bahrain’s leadership to establish full normalisation of diplomatic relations with the state of Israel – potentially allowing a further expansion of Israeli-Arab air services. Bahrain is the second Arab nation within a month to reach such a decision, and the support of Oman ...
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NewsEl Al prepares to embark on crucial funding exercise
El Al has outlined its operational position to potential investors ahead of publishing a formal offer to acquire shares in the Israeli airline as part of a 505 million shekel ($145 million) issue. The airline is planning to commence the offering on 16 September, part of a recapitalisation which will ...
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NewsTaiwan’s Starlux orders eight A330neos
Starlux Airlines is set to become Taiwan’s first Airbus A330neo operator, after the carrier ordered eight examples of the widebody. Airbus, announcing the order on its social media channels, states that the eight widebodies will be leased from Air Lease Corporation. Source: Airbus Starlux Airlines ...
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NewsLATAM request for DIP financing rejected by bankruptcy court
LATAM Airlines’ proposal to secure $2.2 billion in debtor-in-possession financing has been rejected by a bankruptcy court in New York. The Chile-based airline group, which filed for Chapter 11 bankruptcy protection in the USA on 26 May, says in a Securities and Exchange Commission filing that a judge at the ...