All Airlines articles – Page 214
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News
EasyJet keeping one eye on growth: chief
EasyJet remains in expansion mode and is laying the groundwork to achieve this over the coming years, according to the UK low-cost carrier’s chief executive Johan Lundgren.
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News
West Atlantic ATP roll anomaly foxes UK investigators
UK investigators have been unable to determine the reason for a West Atlantic Sweden British Aerospace ATP’s roll-control problems shortly after departing Jersey last year. The turboprop freighter (SE-MAO) had been bound for the neighbouring island of Guernsey on 18 August. After levelling at 2,000ft on a north-west heading, it ...
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Airline industry is ‘up for the challenge’ on environment: Walsh
New IATA director general Willie Walsh cites continued airline investments in sustainability initiatives – despite the financial pressure from the global pandemic – as evidence for his confidence the industry can meet the challenge of cutting its greenhouse emissions.
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United loses $1.4bn in Q1, sees path to profitability
United Airlines lost $1.4 billion in the first quarter but sees a path to profitability as customers return to air travel in greater numbers.
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Airline Business
Trans-Tasman ‘bubble’ sets high bar for travel resumptions
The Trans-Tasman travel bubble offers a rare good news story for air travel in the region, but don’t expect a spate of similar arrangements to follow.
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United adds flights to Croatia, Greece and Iceland
United Airlines has added three new international routes for the summer travel season, as it banks on vacationers travelling abroad as soon as they are vaccinated and travel restrictions are lifted.
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Air Nostrum seeks €103 million of government aid
Spanish carrier Air Nostrum is seeking €103 million ($124 million) of government financial support due to the impact of the pandemic on its operations.
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UK regulator clears path for JetBlue transatlantic debut
UK regulators have cleared JetBlue Airways to launch flights to London from New York and Boston, a further step in the carrier’s plans to begin transatlantic services this year.
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Smith sees Transavia as key tool to counter loss of Air France’s Orly slots
Air France-KLM group chief executive Ben Smith believes the flexibility union agreements have given it to develop low-cost unit Transavia at Paris Orly provides the group with a tool to help offset the loss of slots at the airport.
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News
Cebu Pacific raises $250 million from convertible bonds
Cebu Pacific has signed an agreement with three international financial institutions for the private placement of $250 million in convertible bonds, with the transaction expected to complete in the following weeks.
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Korean Air raises W350 billion million from corporate bonds
Korean Air has raised W350 billion ($310 million) from three corporate bonds issued on 15 April. These are of W65 billion, W160 billion, and W125 billion principal, the flag carrier said in a same-day corporate disclosure. Source: Korean Air A Korean Air 787-9 The W65 billion bond ...
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Boeing delivered 89 737 Max since December, airlines place them in storage
Boeing has delivered almost 90 737 Max since US regulators lifted the type’s grounding last November, though airlines have placed those jet in storage, according to Cirium fleets data.
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US regional carrier ExpressJet plans comeback
ExpressJet, a US regional carrier which ceased operations in September, has requested to resume scheduled service under its own brand.
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News
A320 tipped up and struck tail at Milan after passenger load mismatch
Italian investigators have determined that an improper distribution of passengers on board an Alitalia Airbus A320 resulted in the aircraft’s suffering a tail-strike during an aborted take-off at Milan Malpensa. The twinjet (EI-DTB), bound for Rome Fiumicino on 17 August 2017, had started to accelerate along runway 35R when, at ...
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SIA Group’s passenger numbers fall 91% in March
Singapore Airlines Group carried 100,100 passengers in March, down nearly 91% year on year amid coronavirus-related travel restrictions.
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Vietnam Airlines outlines measures to bolster financial position
Vietnam Airlines has outlined various support measures to improve its financial position following its losses in 2020.
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Delta loses $1.2bn in Q1, aims for profitable Q3
Delta Air Lines aims to return to profitability in the third quarter as domestic travel ramps up following the year-long coronavirus downturn.
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Blocked middle seats cut coronavirus transmission risk: US government report
Blocking middle seats on commercial jets does help reduce the spread of coronavirus.
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Air Baltic’s operating loss balloons to €202 million amid crisis
Air Baltic posted a €202 million ($242 million) operating loss in 2020 amid the pandemic, swinging from a €27 million EBIT profit in the previous year.
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Further consolidation among top lessors unlikely: rating agencies
Major rating agencies do not expect the AerCap-GECAS merger and the sale of FLY Leasing to Carlyle Aviation Partners will lead to much further consolidation among larger rated lessors.