All Air Transport articles – Page 266
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NewsFinnair expects to restore 50% of flights by September
Finnair is expecting to rebuild its services over the third quarter, operating around 50% of its pre-crisis flight capacity by September, up from the figure of 25% in July. It aims to carry out 120 daily flights in August and increase this to 190 in September. The airline turned in ...
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NewsPanel calls for aviation to focus on diversity amid pandemic crisis
Despite the industry upheaval and challenges caused by the coronavirus outbreak, aviation and aerospace companies should not lose sight of diversity and inclusion. Jacqui Sutton, co-chair of the Women in Aviation and Aerospace Charter - which organised a wide-ranging panel discussion as part of FIA Connect - says gender ...
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NewsCharter carrier Jet Time collapses but owner plots Nordic successor
Danish charter carrier Jet Time is filing for bankruptcy, the latest air transport casualty of the crisis triggered by the coronavirus pandemic. Jet Time states that the restrictions on travel and closed borders have proven “too great a challenge” for the operator. Chief executive Jorgen Holme is submitting the filing ...
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NewsEliminating the aviation industry’s CO2 emissions: evolution or revolution?
Can CO2 emissions from aircraft be reduced or eliminated to stop the industry’s contribution to greenhouse gases? A FIA Connect discussion panel, hosted by FlightGlobal and Raytheon Technologies, thinks so - but it will be a long-haul journey.
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NewsSafety first in drive to unlock urban air mobility
To economically add a third dimension to local transport requires new technology - and a focus on creating “aviation grade” hardware.
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NewsEl Al must issue shares before state will back loan
Israeli flag-carrier El Al must carry out a planned $150 million share issue by the end of August, before the country’s government will back a $250 million bank loan. The conditions have been outlined in a 22 July letter from the ministry of finance. El Al opted in early July ...
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NewsEase ‘onerous restrictions’ to restore international travel: AAPA
The Association of Asia Pacific Airlines (AAPA) is urging Asia-Pacific governments to ease “unduly onerous restrictions” and collaboratively develop a consistent framework for restoring international air travel. “Public attitudes towards air travel are evolving as confidence is rebuilt,” the trade body says. “However, a major obstacle is the widespread imposition ...
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NewsBA pilots vote on pay cuts and ‘holding pool’ to reduce job losses
British Airways pilots are to be consulted on a package involving pay cuts and a series of other measures intended to protect crew jobs, with the cockpit union admitting the conditions of the deal are unlikely to be bettered. Cockpit union BALPA has been discussing ways to avoid cutting over ...
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NewsNew commercial aircraft programmes paused until recovery: executives
Aircraft manufacturers like Airbus, Boeing and Embraer are unlikely to launch major new aircraft programmes until the industry recovers from the coronavirus downturn.
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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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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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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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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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NewsFAA set to propose order to lift Max grounding, public comment to follow
The Federal Aviation Administration is close to issuing a proposed order for lifting the grounding of the Boeing 737 Max, a milestone that will kick off a 45-day public-comment period.
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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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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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NewsUS lawmakers request FAA safety culture survey results
Two US lawmakers have asked the FAA for results of an employee survey about the regulator’s safety culture as part of its investigation into the design, development and certification of the troubled Boeing 737 Max aircraft.
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NewsEmbraer Commercial’s new CEO eyes E-Jet resurgence amid pandemic-battered industry
While all airframers are struggling to navigate a smaller post-coronavirus industry, Brazilian company Embraer sees itself well-positioned as airlines look to rebuild networks and find ways to survive, and thrive, in the new normal.
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NewsInvestor offers $75m for 45% share in struggling El Al
Israeli flag-carrier El Al has received an offer from an investor who is prepared to acquire a private allotment of shares worth $75 million. The offer has come from an individual which the law firm Shibolet identifies, in a 20 July letter to the airline, as businessman Eli Rozenberg. This ...
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NewsEmbraer’s first-half 2020 deliveries tumble more than half to 31 jets
Embraer delivered 31 civil aircraft, including military and commercial models, in the first half of 2020, fewer than half the number of aircraft it handed over in the first six months of 2019.