News from FlightGlobal – Page 512
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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 ...
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NewsRyanair closes Dusseldorf base
Ryanair will close its Dusseldorf base in October after the German airport’s operator and a ground handling provider refused to lower their fees.
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NewsWizz Air Abu Dhabi postpones launch to 16 October
Wizz Air has delayed the launch date of its new Abu Dhabi operation by two weeks, citing ongoing Covid-19-related travel restrictions.
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NewsCrew’s late escape from icing preceded serious ATR 72 upset
Norwegian investigators have disclosed that an ATR 72-600 suffered a serious loss of control, with excessive wing bank, as its crew belatedly attempted to escape from icing conditions during a domestic Bergen-Alesund service. The inquiry into the incident – involving a Jet Time flight for SAS on 14 November 2016 ...
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NewsKumho’s effort to sell Asiana stake collapses
A deal that would have seen HDC Hyundai Development (HDC) obtain control of Asiana Airlines has fallen through. Kumho Industrial, which owns a controlling stake in the carrier, informed the airline’s main creditor, Korea Development Bank (KDB), of the deal’s collapse, according to a report by the official Yonhap news ...
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NewsRAM 737 carried out long, high-speed take-off after call-out hitch
UK investigators have found that a Royal Air Maroc Boeing 737-800 lifted off from London Gatwick at nearly 200kt, and close to the end of the runway, after the crew did not receive automatic speed call-outs during the take-off roll. The crew of the aircraft (CN-RGJ), bound for Casablanca on ...
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NewsQantas to boost regional flights when state borders reopen
Qantas plans to boost regional flights, citing the need to maintain critical transport links to key regional cities following Virgin Australia’s decision to exit various markets. Subject to the reopening of state borders, the airline intends to launch new flights from Brisbane, Queensland to Port Macquarie, New South Wales five ...
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NewsLATAM names former JetBlue executive as new commercial chief
Chile’s LATAM Airlines has appointed Marty St. George to be its new chief commercial officer.
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NewsTransat’s fiscal Q3 yields 99% decline in revenue
Canada’s Transat AT, the parent company of leisure carrier Air Transat, posted revenues of just C$9.5 million ($7.2 million) in its third fiscal quarter. During that period, it had just a single week of operations due to business interruptions from the coronavirus pandemic.
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NewsJetBlue adds 24 leisure routes in move to generate cash
JetBlue Airways is launching 24 domestic and international routes as part of a strategy to quickly generate cash from an expected growth in demand for leisure travel.
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NewsEuropean airline bailouts hit €26.6 billion: HSBC
European governments have provided the continent’s airlines with nearly €26.6 billion ($31.5 billion) in assistance throughout the coronavirus crisis, underlining the value regulators place on the connectivity carriers provide, according to a report from HSBC.
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NewsSingapore Airlines to slash 4,300 jobs across group as pandemic takes toll
Singapore Airlines Group is to cut 4,300 positions across its airlines in a further sign of the scale of the impact of the coronavirus pandemic on the air travel industry. SIA expects to only be operating less than half its capacity by the end of the current financial year in ...
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NewsLanding A320 hit edge lights after drifting from Kozhikode centreline
Several runway lights were damaged by an Etihad Airways Airbus A320 after it drifted from the centreline during an approach in darkness and poor weather to Kozhikode airport in India. The United Arab Emirates’ General Civil Aviation Authority says the crew had already executed a go-around during the initial approach ...
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NewsJin Air to modify one 777-200ER for cargo-only operations
South Korea’s Jin Air is scheduled to remodel one Boeing 777-200ER passenger aircraft for cargo-only operations. The modifications are due to take place in October and will increase the aircraft’s cargo capacity by 10t to 25t. Source: FlightGlobal file photo Jin Air will modify one Boeing 777-200ER to ...
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NewsIAG dials back capacity outlook as recovery falters
IAG has pulled back its capacity planning for this year and next, after the initial encouraging signs of booking recovery in the air transport crisis started to level off. It is expecting third-quarter capacity to be 78%, rather than 74%, down on last year’s figure, while the fourth quarter will ...
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NewsRwandAir no longer taking A330neo or 737 Max jets
RwandAir is no longer taking the Airbus A330neo and Boeing 737 Max jets it had ordered via lessors.
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NewsCAE, Cebu Pacific ink ATR 72-600 training agreement
Low-cost carrier Cebu Pacific has signed a long-term pilot training agreement with Canadian simulator manufacturer and operator CAE for its ATR 72-600 fleet. The 15-year agreement will see CAE deploy a brand-new ATR 72-600 full-flight simulator to Philippine Academy for Aviation Training, which is a CAE-Cebu Pacific joint venture based ...
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NewsAir NZ extends 777 grounding to September 2021, or beyond
Air New Zealand will ground its Boeing 777 fleet for nearly one more year, as it notes that recovery from the coronavirus pandemic will be “slower than initially thought.” Instead of resuming 777 operations at the end of the year, the carrier says it will store the aircraft “until at ...