All Airlines articles – Page 256
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NewsComair recovery bolstered by capital inflows
South African carrier Comair has secured capital inflows of R270 million ($19 million) following the sale of its SLOW Lounge business to FirstRand Bank for R250 million and the receipt of a R20 million payment from South African Airways (SAA).
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NewsEC clears Italy’s ITA for fresh start after ruling no liability for Alitalia state aid
European competition regulators have cleared a €1.35 billion ($1.6 billion) Italian capital injection into Italia Trasporto Aero (ITA) and ruled the new operation is not liable to repay €900 million in illegal state aid received by national carrier Alitalia.
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Airline BusinessAsia-Pacific airlines can’t shake those Delta blues
The Delta variant of Covid-19 has crushed hopes of a 2021 air travel recovery in the Asia-Pacific region, with extreme caution keeping borders all but entirely closed.
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NewsExcursion CRJ900's nose-wheel steering reversed by incorrect maintenance
Swedish investigators have found that incorrect installation of a Bombardier CRJ900’s nose-wheel steering sensor resulted in rudder-pedal deflection inputs being reversed, before the jet suffered an excursion during take-off from Gallivare. The Nordica aircraft had been departing runway 30 for a service to Stockholm on 9 September last year. Its ...
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NewsAirAsia Group ups 2021 fleet forecast again
AirAsia Group has revised its fleet plan for 2021, ending the year with four more aircraft than previously forecast.
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NewsJapan Airlines to raise Y300 billion for post-pandemic future
Japan Airlines has finalised plans to raise Y300 billion ($2.73 billion) — through hybrid loans and subordinated bonds — to prepare it for “drastic changes” in a post-pandemic business environment.
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NewsThai AirAsia taps crowdfunding to shore up capital
Thai AirAsia has launched a crowdfunding bond campaign as part of efforts to beef up its war chest against the pandemic’s impact.
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NewsNok Air faces delisting risk without rehabilitation timeline
The Stock Exchange of Thailand (SET) has given Nok Air one month to set a timeline to implement its rehabilitation plan.
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NewsUS airlines pledge 33% more ‘sustainable fuel’ by 2030
US airlines plan to make 11.4 billion litres (3 billion USgal) of sustainable aviation fuel (SAF) available to aircraft operators by 2030 – up 33% from a previous target of 7.6 billion litres.
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NewsInjuries reported following Cape Air Cessna 402 accident at Provincetown
Passengers are reportedly injured after a Cape Air Cessna 402 crashed while attempting to land at Provincetown Municipal airport in Massachusetts on 9 September.
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NewsFollowing competitors, American trims financial forecast, citing ‘Delta’ variant
American Airlines has joined other US carriers in reducing its earnings forecast for the third quarter as the coronavirus “Delta” variant continues to play havoc with the travel industry.
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OpinionUnited cuts Q3 earnings expectation as ‘Delta’ variant slows bookings
United Airlines has seen “deceleration” of third-quarter income due to increased fear among travellers about the “Delta” variant of Covid-19.
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NewsTransat remains optimistic despite another minimal-revenue quarter
A six-month operational pause left Transat AT with another quarter lacking significant revenue, though more cash has been flowing in since subsidiary Air Transat restarted flights at the end of July.
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NewsUS business-travel rebound still months away: Delta CEO
Not long ago, US airline executives expected a business-travel rebound would take hold this autumn. Now, Delta Air Lines chief executive Ed Bastian says his team thinks the US business-travel rebound will begin later this year or, perhaps, early next year.
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NewsLow activity might have lulled pilots before A350 took off without clearance
Investigators have suggested that low levels of airport traffic could have reduced the alertness of an Airbus A350 crew before the aircraft took off without clearance from Barcelona. The Singapore Airlines A350 (9V-SMU), operating to Milan Malpensa as part of an onward service to Singapore on 24 October last year, ...
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NewsMalaysia approves Korean Air-Asiana merger
Malaysian aviation regulators have cleared the merger between Korean Air and Asiana Airlines, becoming the latest in a growing list of regulators around the world to grant approval.
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NewsAirAsia Group says sufficient liquidity through 2022, as losses narrow
AirAsia Group narrowed its second-quarter losses on the back of a surge in revenue, as it forecast “sufficient liquidity throughout 2022”.
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NewsHawaiian resumes flying to American Samoa
Hawaiian Airlines will reinstate non-stop flights to American Samoa, the only scheduled passenger airline to fly to the US territory in the south Pacific Ocean, after an almost 18-month break.
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NewsPorter restarts service after 18-month shutdown
Canadian regional carrier Porter Airlines restarted flights on 8 September after an 18-month coronavirus-driven pause.
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NewsUK travel ‘traffic light’ system needs to be simplified: Doyle
British Airways chief executive Sean Doyle has called on the UK government to overhaul its existing ”traffic light system” in order to simplify travel rules for customers.