All Airlines articles – Page 277
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NewsTroubled Thai sees operating loss more than double
Thai Airways International, which recently entered court-supervised business rehabilitation amid longstanding financial woes, plunged deeper into the red in its half-yearly financial results. For the six months ended 30 June, the Star Alliance carrier reported an operating loss of Bt18.3 billion ($590 million), widening the Bt7.9 billion operating loss it ...
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NewsNeste delivers sustainable aviation fuel in San Francisco
Finnish renewable fuels producer Neste has begun supplying three of the United States’ largest airlines with sustainable aviation fuels (SAF) for flights from San Francisco International airport.
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NewsAzul banks on flexibility to weather coronavirus
Brazil’s Azul is banking on its fleet flexibility to match increasing demand for travel in the second half of the year after the coronavirus pandemic took a toll on the carrier in the second quarter.
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NewsA350 launch-aid tweaks fail to persuade US to ease tariffs
US authorities are unconvinced by recent Airbus claims that amended A350 launch-aid agreements equate to implementation of a World Trade Organization ruling to remove subsidies. Airbus had aimed in July to bring an end to the long-running transatlantic dispute on civil aircraft subsidies by adjusting French and Spanish A350 launch-aid ...
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NewsIATA downgrades forecast for European passenger numbers in 2020
IATA is warning that the impact of the coronavirus on Europe’s aviation industry will be even greater than it estimated in June.
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NewsRussia’s S7 Cargo to introduce 737 freighter operations
Russia’s S7 Airlines is to branch into dedicated freighters with the introduction of two Boeing 737-800BCF cargo jets within the next five months. It intends to acquire the first in November this year and another in January 2021. “These will be the first aircraft in the S7 Airlines fleet fully ...
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NewsSlow recovery prompts London City to put terminal extension on hold
Plans for a terminal extension at London City airport are being reviewed after the operator decided to pause its development plans at year-end as it adjusts to the post-pandemic travel demand.
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NewsChafing protection mystery follows Saab 340 incident
UK investigators have found that anti-chafing measures fitted to a Saab 340 failed to protect an engine condition control cable, leaving the crew unable to adjust its power during a climb out of Carlisle airport last year. The crew encountered difficulties with climb power as the aircraft reached 2,500ft, opting ...
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NewsTUI revenues all but wiped out for June quarter
European travel operator TUI Group incurred an operating loss of €1.1 billion ($1.3 billion) for the three months ending 30 June 2020 as revenues were down more than 98% on the same quarter last year.
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NewsCebu Pacific’s losses worsen in second quarter
Cebu Pacific’s financial losses deepened in the second quarter of this year as the impact of the Covid-19 pandemic began to be felt more severely. The Philippine airline and its subsidiaries made an operating loss of Ps6.29 billion ($129 million) in the three months ended 30 June, it reports. This ...
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NewsHong Kong airport resumes transit for passengers from mainland
Hong Kong International Airport will allow passengers arriving from mainland China to transit during the period 15 August to 15 October. “On the other hand, transfer/transit services to destinations in mainland China will remain unavailable at HKIA,” says the airport. It did not give a reason for the resumption and ...
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NewsTaiwanese carriers bounce back to profitability despite global downturn
China Airlines and EVA Air reported operating profits for their latest quarterly financial results, placing them among the few airlines to turn a profit during a pandemic-induced economic downturn. For the three months ended 30 June, both carriers made a strong comeback from a loss-making previous quarter — despite ...
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NewsUnited introduces 28 new flights to Florida
United Airlines has added more domestic flights from the Midwest and the northeastern US to warm-weather destinations in the south in a move that signals the airline is banking on leisure travel as the first segment of the industry to recover from the coronavirus pandemic.
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NewsCathay not cancelling 777-9 orders, as it warns of bleak second half
Cathay Pacific has stressed that it is in discussions with Boeing about deferring — not cancelling — its orders for the 777-9 widebody. At a briefing after it disclosed record first half losses, Cathay chief operations and service delivery officer Greg Hughes says it is a “deferral of all 21 ...
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Airline BusinessSriLankan focuses on cargo, repatriation pending traffic recovery
SriLankan Airlines chairman Ashok Pathirage has had to navigate an extremely challenging environment since assuming his role in December 2019. A prominent Sri Lankan businessman, Pathirage is also the chairman and founder of local conglomerate Softlogic Holdings, and runs other local companies as well. He joined the national carrier at ...
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NewsCathay plunges to record HK$8.7 billion loss in ‘most challenging’ first half
Cathay Pacific Group reported a staggering operating loss of HK$8.7 billion ($1.13 billion) for its half-year financial results, in what its chairman called the “most challenging” period for the group in its 70-year history. Cargo proved to be the sole bright spot for the troubled group, which in recent months ...
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NewsThai AirAsia posts big operating loss amid broader group woes
Thai AirAsia’s dismal financial performance in the second quarter underlines the devastating impact of coronavirus for the AirAsia Group. Thai AirAsia parent Asia Aviation saw its operating loss for the quarter ended 30 June more than double to Bt1.8 billion ($58 million), from Bt798 billion a year earlier. Revenue fell ...
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NewsEVA Air hints at changes to 787 orderbook
EVA Air has entered negotiations with Boeing about its remaining 787-10 orders, hinting at a possible deferral or cancellation of some aircraft. The Star Alliance carrier says it is doing so “in response to changes in market demand and continuous optimisation of…network and fleet”, as a result of depressed travel ...
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NewsOver 6,000 SIA staff have taken unpaid leave since March
More than 6,000 Singapore Airlines Group employees, including ground staff, pilots and cabin crew have taken varying days of unpaid leave since they were first offered to do so in March. Singapore Airlines tells Cirium that the leave starts from a minimum of seven days and that more than 1,700 ...
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NewsMesa bets on Cargo as operating profit falls 12%
Mesa Air Group reported a $15 million operating profit during the third quarter despite the travel downturn during the coronavirus pandemic.