All Air Transport articles – Page 215
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NewsAir France-KLM secures €2.25bn as rights issue oversubscribed
Air France-KLM Group has described its rights issue as successful, after it was oversubscribed by 16%. The company has generated €2.256 billion ($2.35 billion) in final gross proceeds – of which around €1.61 billion is in cash – as a result of the capital increase. These proceeds will be “mostly ...
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NewsJudge dismisses American-JetBlue request to dismiss suit, trial set for November
A US federal judge has sided with the Department of Justice (DOJ) by striking down a request by American Airlines and JetBlue Airways to dismiss a lawsuit against them.
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NewsWizz Air safety row with unions re-ignites after Varadi ‘fatigue’ remarks
Budget carrier Wizz Air is insisting that is not jeopardising safety, in response to a video recording of chief executive Jozsef Varadi apparently urging personnel to reduce disruption arising from calling in fatigued. While the European Cockpit Association, which has obtained the video recording, is claiming that Varadi was effectively ...
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NewsSouth Africa’s CemAir picks up ex-SAS CRJs
Two former SAS Bombardier CRJ900s have been introduced to South African operator CemAir, complementing the carrier’s regional fleet. Both aircraft – bearing serial numbers 15398 and 15400 – are 2016 airframes and were formerly operated by Ireland’s CityJet and served within the SAS fleet. CemAir has signed long-term operating agreements ...
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NewsDanish government could raise stake in SAS as it backs transformation plan
Denmark’s government has agreed to support Scandinavian carrier SAS through a debt-to-equity conversion, but has also signalled it will invest new capital into the struggling airline and potentially raise its shareholding. The Danish finance ministry says the government will support the ‘SAS Forward’ restructuring programme for the carrier, following a ...
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NewsHow Connect Airlines intends to carve a niche in the US airline market
US start-up Connect Airlines is banking on the efficiency of turboprops and an independent business model to help it carve a niche in the US air travel market.
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NewsFokker 100 crew confused by ‘jammed’ thrust levers during stall-protection incident
Australian investigators have found that an Alliance Airlines Fokker 100 crew was unaware that the aircraft had entered a stall-protection mode after its airspeed fell below a crucial threshold during approach to Rockhampton. The carrier’s initial and cyclic training for the type “did not adequately prepare” its pilots to identify, ...
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NewsStabilising Swiss opts to terminate state-backed loan early
Swiss has ended a government-guaranteed bank loan three years early, having only ever used half of the proceeds available to the Lufthansa Group carrier. The airline says the pandemic situation – which triggered the need to prop up liquidity – is “now more stable” and that “positive trends” have emerged ...
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NewsA320 thrust rollback on serviceability flight traced to overspeed-protection valve
UK investigators believe a thrust rollback on an Airbus A320, after which the affected engine would not respond to control inputs, resulted from inadvertent activation of a fuel-control protection valve. But the inquiry says the issue – which has occurred previously on some International Aero Engines V2500 powerplants – has ...
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NewsAir taxi certification times could be unrealistic: US government report
A US government report suggests certification of electric air taxis could take longer than some manufacturers are promising, citing formidable hurdles yet to be overcome.
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NewsAkasa reaches sale-and-leaseback pact for initial 737 Max fleet
Indian start-up carrier Akasa Air has entered a sale-and-leaseback agreement covering five Boeing 737 Max 8 jets. The airline has reached the deal with Griffin Global Asset Management. Delivery of the 737s is scheduled to commence in June and the lessor says the agreement covers several of Akasa’s initial aircraft. ...
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NewsNorse Atlantic to open US services from German capital
Transatlantic start-up Norse Atlantic Airways is opening services from the German capital Berlin, operating initially to two US gateways. Norse Atlantic will serve New York JFK daily from 17 August. It will expand the fledgling German network with a service to Los Angeles from 19 August, operating three-times weekly. Norse ...
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NewsTurkish A350 agreement becomes highlight of Airbus activity in May
Turkish Airlines provided the highlight for Airbus orders during May, following through on its indication that it would take additional A350s. The airframer has recorded an order for four A350-900s from the carrier, in a month of relatively little activity. Turkish Airlines had signalled in May that it would commit ...
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NewsITA’s latest A350 flags carrier’s sustainability ambitions
Italian carrier ITA Airways will take its operational fleet of Airbus A350-900s to four – half of the eight planned – in June, through the introduction of a twinjet with a minimalist livery intended to highlight sustainability. The aircraft is largely white, in contrast to the distinctive blue which dominates ...
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NewsWizz continues to switch Airbus commitments to A321neo
Wizz Air has converted 21 Airbus A320neo commitments to the A321neo, a further shift of its single-aisle backlog towards the higher-capacity variant. The airline disclosed, as it released full-year final results, that it formalised the conversion in May. Deliveries of these aircraft will be carried out over the course of ...
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NewsWizz optimistic on restoring low cost levels as inflation adds to airline misery
Central European budget carrier Wizz Air is expecting the current fiscal year to be one “marked by high inflation”, as it looks to return to pre-crisis cost levels and improve its competitiveness. Wizz Air turned in a full-year net loss of €642 million ($686 million) – higher than the previous ...
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NewsUS looks to seize 787-8 and G650ER due to Russian sanction violations
Citing violations of export restrictions, a US federal judge has authorised the US government to seize a Boeing 787-8 and Gulfstream G650ER owned by Russian billionaire Roman Abramovich.
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NewsSweden to convert SAS debt but refrains from injecting new capital
Sweden’s government is proposing that it be authorised to enter a debt-to-equity swap to provide financial assistance to flag-carrier SAS. But it will not supply fresh capital to the struggling airline. Swedish trade and industry minister Karl-Petter Thorwaldsson disclosed the proposal on 7 June. It would require the legislature to ...
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NewsWizz Air to explore hydrogen fleet operations through Airbus collaboration
Central European budget carrier Wizz Air is to explore the potential for hydrogen-powered aircraft operations under an agreement with Airbus. The two sides have signed a memorandum covering analysis of hydrogen operations, intended to provide the carrier with a “deeper understanding” of how such aircraft could change its business model, ...
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NewsAeroflot A330 returns to Russia after days of detention in Sri Lanka
Aeroflot has retrieved an Airbus A330-300 from Colombo, after several days of wrangling after the twinjet was impounded by Sri Lankan authorities. It departed for Moscow Sheremetyevo on 6 June, apparently after intervention to overturn a court order which led to the detention. Russian federal air transport regulator Rosaviatsia confirms ...