All Airlines articles – Page 231
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NewsNo evidence Ukraine aware of threat before MH17 shot down: analysis
Independent analysis has found no evidence that Ukrainian authorities were aware of the threat to high-altitude traffic, and specifically civil aviation, before a Malaysia Airlines Boeing 777-200ER was shot down by a surface-to-air missile. This is despite Ukrainian national security officials’ openly floating the possibility that high-powered weapons might have ...
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NewsLessors to vote on Malaysia Airlines’ restructuring plan on 10 February
Operating lessors with exposure to Malaysia Airlines will vote on the carrier’s restructuring plan on 10 February, the airline confirms to Cirium. The Malaysian airline adds that it has divided creditors into seven classes as part of its UK court-led restructuring, which involves a “revised long-term business plan”. ...
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NewsAer Lingus secures €150m loan from Irish state recovery fund
Irish carrier Aer Lingus has tapped a state-backed pandemic recovery fund to secure €150 million ($180 million) in debt funding. The capital has been secured from the Ireland Strategic Investment Fund’s (ISIF) €2 billion Pandemic Stabilisation and Recovery Fund, which the country’s finance ministry established last year to support struggling ...
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NewsAustrian plans further restructuring amid stalled recovery
Austrian Airlines is planning to implement further restructuring measures in response to lower-than-predicted travel demand amid the current wave of Covid-19 infections. The Lufthansa Group carrier says it is currently operating around 15% of pre-crisis capacity. It had previously forecast that the level would reach 50% during the winter season ...
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NewsAirbus delivers 21 aircraft in quiet January
Airbus’s activity for the first month of 2021 centred on deliveries, with 21 aircraft handed over during January. The airframer did not record any orders – or cancellations – over the course of the month. Its two long-haul aircraft deliveries comprised an A350-900 for Turkish Airlines and an A330-800 for ...
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NewsAeroflot losses hit $1.3 billion in 2020
Russian flag carrier Aeroflot incurred a net loss in 2020 amid slumping revenue as passenger numbers were hammered by the Covid-19 crisis.
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NewsKenya Airways adapts 787s for cargo-only flights
Kenya Airways is removing seats on two of its Boeing 787s to increase capacity for pure freight flights.
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NewsCanadian operators West Wind and Transwest to consolidate as Rise Air
West Wind Aviation and Transwest Air will consolidate and rebrand as Rise Air to adapt to the travel downturn of the coronavirus pandemic and provide charter flights to western and northern Canada pending regulatory approval.
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NewsANA consolidates freighter operations at Tokyo Narita
ANA is consolidating its freighter operations at Tokyo Narita to maximise profitability, alongside plans to channel capacity from passenger aircraft operating cargo-only flights to its logistics hub at Naha airport in Okinawa.
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NewsSkyWest loses $46 million in fourth quarter with reduced flight schedules
SkyWest Airlines says it lost $46 million in the fourth quarter of 2020, as reduced flight schedules and lower demand from its mainline airline partners continued to challenge the regional carrier.
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NewsLessors raise concerns over Norwegian aircraft returns
Law firms representing Norwegian’s lessors and creditors have raised concerns over the airline’s bid to repudiate 36 aircraft leases under its restructuring process.
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NewsWizz to close Trondheim base
Wizz Air is to close its recently opened Tronheim base as Covid-19 continues to disrupt air travel in Norway.
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NewsNorwegian flew eight aircraft on average in restriction-hit January
Restructuring low-cost carrier Norwegian operated an average of just eight aircraft in January as a result of services curtailed by travel restrictions.
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NewsSriwijaya 737-500 'slowly' turned left before entering fatal descent
Components of the crashed Sriwijaya Air Boeing 737-500 including the flight-control computer, autothrottle computer, and autothrottle actuator assembly are undergoing examination, a Indonesian parliamentary commission has heard. The commission held a session on 3 February during which various representatives involved in the inquiry provided preliminary information on the flight and ...
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NewsStrong cargo demand helps Singapore Airlines cut Q3 loss
Singapore Airlines Group narrowed its third-quarter operating loss, as stronger cargo performance helped offset any further revenue loss from a pandemic-led collapse in passenger travel demand.
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NewsAlliance inks E190 wet-lease partnership with Qantas
Australian regional operator Alliance Airlines has inked a wet lease agreement to provide flexible capacity to the QantasLink network with three of its recently acquired Embraer E190s.
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NewsAllegiant Q4 loss is $29m, sees recovery ‘on the horizon’
Allegiant Travel Company, the parent of ultra-low-cost carrier Allegiant Air, sees a post-coronavirus recovery “on the horizon” with customer travel intention steadily rising following almost a year of coronavirus-driven inertia.
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NewsAmerican warns of more layoffs as expected summer travel demand falls short
Citing the slow pace of vaccinations and new travel restrictions, American Airlines has warned 13,000 workers they might be laid off after government aid expire on 31 March.
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NewsSkyWest asks for extension of temporary cargo reconfiguration rule
SkyWest has asked the FAA to extend a rule that allows carriers to temporarily reconfigure passenger aircraft to cargo operations, in light of the continued depressed demand in the wake of the coronavirus pandemic.
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NewsLion reaches agreements with (some of) its lessors
Several lessors to Lion Group airlines have agreed to restructure their leases after months of bilateral negotiations, Cirium understands.