News from FlightGlobal – Page 530
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NewsQatar Airways’ parent pursues $5bn in compensation over blockade
Qatar Airways’ parent group is seeking $5 billion in compensation against the four Arab states which imposed a blockade on the airline three years ago. The company says it is taking formal arbitration action to obtain “redress” over the blockade which was put in place by Saudi Arabia, Bahrain, Egypt ...
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NewsMax return lag may continue to enhance value of 737-800s
Cash-needy airlines are relying more on efficient single-aisle aircraft to help them survive the coronavirus crisis, which is helping to maintain the value of aircraft such as the Boeing 737-800.
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NewsIcelandair Group expects $100m second-quarter operating loss
Icelandair Group has revealed the extent of the coronavirus impact on the second quarter, indicating an operating loss of around $100-110 million. The company says its revenues for the three-month period to 30 June were down by 85% to some $60 million. Its operating loss in the same quarter last ...
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NewsEthiopian 777F suffers major fire in Shanghai
An Ethiopian Airlines Boeing 777F has caught fire at Shanghai Pudong airport while cargo was being loaded. The carrier says in a statement that the aircraft is registered ET-ARH and was on a regular scheduled cargo service from Shanghai Pudong to Sao Paolo, and onward to Santiago. Videos ...
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NewsAmid pomp and ceremony, last Qantas 747 heads into retirement
Qantas’s last Boeing 747 has flown into retirement, ending a half-century career with the airline. The aircraft, a 17-year-old 747-400ER registered VH-OEJ, took off from Sydney at just before 15:30 local time, operating flight QF7474 towards Los Angeles to deliver a load of freight, before heading to its final resting ...
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NewsCathay delays Airbus deliveries, negotiates 777-9 deferrals
Cathay Pacific will defer delivery of its Airbus aircraft by up to two years, and is in “advanced negotiations” with Boeing about delaying the delivery of the 777-9 widebody, in a bid to “produce cash savings” in the short to medium term. The deferrals on Airbus aircraft, announced in a ...
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NewsUnited suffers ‘most difficult’ quarter in its 94-year history
United Airlines posted a loss of $1.6 billion for the second quarter of the year as the global coronavirus pandemic brought commercial aviation to a near-standstill, decimating passenger demand and forcing the carrier to ground a large portion of its fleet.
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NewsUS pilot union calls for extension of airline financial aid
Pilot union Air Line Pilots, International (ALPA) has again called on the US Congress to extend its payroll support programme (PSP) another six months beyond the original expiry date of 1 October.
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NewsRussian budget carrier Pobeda taking four more 737-800s
Aeroflot Group’s low-cost operator Pobeda is set to receive four additional Boeing 737-800s in the space of a week. The airline acquired one aircraft on 21 July, taking its fleet of the type to 31. But Pobeda says it is due to take three more of the type “within a ...
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NewsAlaska Airlines’ pilots approve measures that will prevent furloughs: union
Pilots at Alaska Airlines have reached an agreement with the carrier that they say will prevent the need for furloughs and layoffs when government payroll support ends later this year.
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NewsAegean Airlines to operate at half of 2019 capacity in August
Greece’s Aegean Airlines is operating around 40% of last year’s summer capacity in July, rising to half in August, as it looks to rebuild its schedules after the coronavirus grounding.
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NewsRyanair to axe Hahn base after pilots reject cost-savings deal
Irish budget carrier Ryanair is set to close its base at Frankfurt Hahn airport in November as part of wider cuts after failing to reach agreement on cost savings with German pilots.
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NewsUK government consults on post-Brexit ETS replacement
Aviation emissions could be included in a new carbon tax under consideration by the UK government to replace the EU Emissions Trading System, which the country is set to leave when its Brexit transition period ends on 31 December.
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NewsComair rescue attracts several expressions of interest
Four expressions of interest have been received by advisers to South African carrier Comair’s business rescue process. The company’s rescue practitioners state that the adviser, Redford Capital, has received 19 signed confidentiality agreements having “engaged” with 47 parties since the process began. Comair was placed under business rescue in May. ...
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NewsVietnam suspends new airline approvals until 2022
Vietnam’s government will delay approving the establishment of any new airlines in the country until 2022 to give the country’s aviation industry some breathing room to recover from the Covid-19 pandemic. The transport ministry has proposed to focus on the recovery of the local aviation sector in the short term ...
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NewsOpposition remains highly suspicious over SAA rescue funding
South Africa’s treasury has yet to detail how it intends to fund the rescue plan for South African Airways, as the country’s political opposition warns that it will intervene to prevent any illegitimate attempts to finance the airline’s revival. While finance minister Tito Mboweni appears to have reassured the Democratic ...
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NewsDisinfection adds 50% to Air Baltic A220 turnaround time
The disinfection of aircraft has added at least 20 minutes to turnaround times, according to Air Baltic chief executive Martin Gauss.
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NewsChina Eastern optimistic about strong domestic recovery
China Eastern Airlines anticipates restoring most of its domestic network by the end of July, as it records a ten-fold increase in flights within the country since the coronavirus outbreak bottomed out travel demand. In an update following its release of June traffic figures, the SkyTeam carrier estimates that ...
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NewsIndian carrier IndiGo lays off 10% of staff
Indian airline IndiGo is cutting 10% of its workforce due to the pandemic-induced industry downturn, saying cost cutting has been insufficient to prevent a companywide contraction.
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NewsUK sees health and financial assurances key in restoring air travel confidence
UK transport ministry officials are targeting work around testing as the next stage in building passenger confidence in air travel following the coronavirus pandemic. Source: Heathrow Airport Airlines have begun restoring scheduled passenger services to and from the UK since the government relaxed its quarantine rules, which ...