All Airlines articles – Page 253
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NewsSingle-aisle deals give Airbus highest monthly orders since March
Airbus has recorded its largest number of orders in a single month since March, with agreements for 11 aircraft – all of them single-aisle jets. The airframer has listed orders for six A220-100s during October, including a pair for executive operator Comlux, following its unveiling of a business jet version ...
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NewsBlue Air continues hub push by switching Paris flights to Charles de Gaulle
Romanian budget carrier Blue Air will in December begin flights to Paris Charles de Gaulle as it continues a move into Europe’s biggest hubs. In a social media post, the Romanian carrier says it will switch its existing Bucharest-Paris service from Beauvais to Charles de Gaulle from 18 December. ...
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NewsKLM gets green light for €3.4 billion state loan package
KLM has received final approval for its “crucial” €3.4 billion ($4 billion) loan package from the Dutch government. The airline states in a 6 November stock-exchange notice that following agreements with eight trade unions, it has now “satisfied a key requirement” for accessing the aid, “ensuring final approval” of the ...
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NewsFinnair defers delivery of three remaining Airbus A350s
Finnair has reached an agreement with Airbus to defer delivery of its three outstanding A350-900s by around two years. The Oneworld carrier says the three A350-900s were originally scheduled for delivery from the second quarter of next year through to the second quarter of 2022. Finnair says the new delivery ...
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NewsUnusual airworthiness concerns arise for pandemic-struck fleets
US and European safety regulators are having to address a number of potential airworthiness concerns arising from the unusual circumstances created by the coronavirus pandemic, as aircraft are retrieved from storage or treated in the course of operations. Operators of Boeing 737s that had been in storage were ordered by ...
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NewsSteep impairment costs drag SIA to record S$3.5 billion net loss for half year
Singapore Airlines Group took on a hefty impairment charge of S$1.33 billion ($987 million) from the early retirement of 26 older aircraft — including seven Airbus A380s — which led to a record net loss in its half-yearly earnings. The group says that the 26 aircraft were “deemed surplus to ...
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NewsRossiya A319 found damaged on arrival with cable attached to wheels
Russian investigators are probing an incident in which a Rossiya Airbus A319 was found to have a cable attached to its main landing-gear after arriving at St Petersburg. The aircraft (VP-BWJ) had been operating the FV6314 service from Krasnodar on 3 November, according to an incident bulletin from the federal ...
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NewsLeonardo waits on ATR recovery as 2020 deliveries slide to one unit in first nine months
Leonardo remains confident that its ATR turboprop joint venture will recover to a “normal” level of annual deliveries in the future after it was revealed that it shipped just one aircraft in the first nine months of this year, but says it cannot forecast when that will be.
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NewsCockpit union dissuades prospective pilots from enrolling to train
UK cockpit crew representatives have taken the unusual step of warning against embarking on a career as a commercial pilot, given the expense and diminished prospects of employment. The UK pilot union BALPA says the crisis means there are fewer jobs for cockpit crew, and competition for places will be ...
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NewsFresh lockdown prompts British Airways to suspend Gatwick flights
British Airways is suspending flights at London Gatwick airport as a result of the fresh national lockdown in the UK which took effect today. The Oneworld carrier, which consolidated flights at London Heathrow airport during the first wave of the pandemic earlier this year, says it is reducing flights at ...
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NewsUK fraud investigators probe Bombardier over Garuda Indonesia deals
UK fraud investigators are probing aircraft manufacturer Bombardier over contracts relating to Asian carrier Garuda Indonesia. The Serious Fraud Office states that it is investigating the manufacturer over “suspected bribery and corruption” in connection with orders or agreements with Garuda. It has not elaborated on the probe, pointing out that ...
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NewsLufthansa outlines long-haul fleet plan for Eurowings
Lufthansa Group foresees that Eurowings will operate no more than seven long-haul aircraft in 2021 amid plans for the low-cost subsidiary’s intercontinental operations to be consolidated in new unit Ocean.
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NewsIberia deploys first converted Airbus A330 freighter
Iberia has put its first converted Airbus A330 freighter into service, operating on flights between Madrid and Los Angeles.
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NewsNorwegian debt-equity swap follows 90% fall in October traffic
Scandinavian low-cost carrier Norwegian has converted another €1.7 million ($2 million) of debt into equity after perpetual bondholders agreed to swap loans for shares. The bonds are being converted into nearly 4.6 million new, freely tradeable shares in the company, states Norwegian in a 5 November notice to the Oslo ...
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NewsAir cargo demand helps Korean to Q3 operating profit
Air cargo demand helped Korean Air eke out an operating profit of W7.6 billion ($6.5 million) in the third quarter — its second consecutive profitable quarter since the coronavirus struck — but its overall revenue was down more than half from a year earlier. The W7.6 billion operating result for ...
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NewsLufthansa to scale winter capacity back after further losses in third quarter
Lufthansa Group will cut capacity to no more than a quarter of previous-year levels for the rest of the 2020 after disclosing a third-quarter net loss of almost €2 billion ($2.3 billion).
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NewsAirAsia X makes creditor status concession to Malaysia Airports
AirAsia X (AAX) has agreed to classify Malaysia Airports as a secured creditor, as it seeks to expedite its massive debt restructuring programme. “After consultation, AirAsia X has accommodated [Malaysia Airports] and made certain clarifications and revised the scheme under two separate classes ’A’ and ‘B’,” says the carrier in ...
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NewsPandemic shakes banks’ trust in state support of flag carriers
The Covid-19 crisis has forced lenders to reassess their traditional view of flag carriers as relatively safe credits due to their implied government support, two aviation financiers have suggested. Going into the crisis in March, Deutsche Bank’s Richard Finlayson expected Asian governments to be more supportive of their airlines and ...
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NewsBrazil’s Gol reports Q3 loss, sees important recovery metrics
Brazilian airline Gol lost R1.7 billion ($301 million) in the third quarter but sees signs of industry improvement, as leisure passengers return to air travel.
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NewsNok Air green-lit to pursue restructuring
Nok Air has gained court approval to restructure under a business-rehabilitation process. In a 4 November notice to the Thai stock exchange, Nok chief executive Wutthiphum Jurangkool states that the central bankruptcy court has “ordered granting the company to be in business rehabilitation”. Source: Nok Air The 737-800 ...