All Airlines articles – Page 283
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SIA uses A350-900 and 787-10 aircraft to raise liquidity
Singapore Airlines Group has raised an additional S$750 million ($540 million) from long-term loans secured by an unspecified number of Airbus A350-900 and Boeing 787-10 aircraft. Cirium fleets data show that within SIA Group’s in-service and stored fleet, mainline carrier SIA owns and operates 48 A350-900s and 15 787-10s. Including ...
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Southwest sees recovery as ‘long saw-toothed slog’
Southwest Airlines reported a $915 million loss for the second quarter and says it expects customer demand to return to pre-coronavirus levels only once there is a vaccine to protect travellers.
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American losses top $2bn as crisis hammers airline in second quarter
American Airlines posted a net loss of $2.1 billion during a devastating second quarter as the coronavirus brought air travel and the global economy to a near-standstill.
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Alaska posts $214m Q2 loss as cash outflow slows
Alaska Air Group has slashed 300 management jobs and bolstered its available cash in recent weeks in an effort to weather a crisis that left the company $214 million in the red during the second quarter.
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Alaska eyes Oneworld membership by year-end
Alaska Airlines hopes to complete its entry into Oneworld by the end of the year after the alliance formally invited the US carrier to become its 14th member.
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Pandemic interrupts UK charges row over space-based ADS-B
Full resolution of a dispute over a new UK airspace charges, intended to pay for controversial space-based oceanic surveillance, has been deferred after the coronavirus crisis interrupted the effort to settle the clash. The dispute between en route navigation provider NERL and the Civil Aviation Authority – which has been ...
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Jeju Air scraps Eastar Jet acquisition
South Korea’s Jeju Air has scrapped plans to acquire a majority stake in compatriot low-cost carrier Eastar Jet. Jeju says in a stock exchange disclosure that the stock sale contract was cancelled due to violation of key terms and an overdue transaction closing period, without going into details. It says: ...
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Taiwan passes proposal for China Airlines renaming
Taiwan lawmakers have approved a proposal to rename national carrier China Airlines, paving the way for a possible rebranding. The proposal, first mooted by the ruling Democratic Progressive Party caucus, calls on the island’s transport ministry to study and propose a phased plan to “strengthen China Airlines’ international recognition,” ...
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Spirit warns of tough third quarter
Spirit Airlines says its flexible network and lower fuel and flight operations costs helped it weather the coronavirus storm in the second quarter, and expects the next months to continue to be volatile as the pandemic drags on.
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United refrains from retiring aircraft, stands ready to expand long-haul travel
United Airlines has no plans to retire aircraft following the devastating coronavirus crisis, saying it stands ready to resume normal services and to offer more long-haul flights to overseas destinations once travel restrictions lift.
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Airlines call for joint Europe-USA coronavirus testing programme
Chief executives at IAG, Lufthansa, American Airlines and United Airlines have written a letter to US vice-president Mike Pence and European home-affairs commissioner Ylva Johansson, urging them to adopt a joint Covid-19 testing programme to enable transatlantic passenger flights to resume.
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Ethiopian 777F suffers major fire in Shanghai
An Ethiopian Airlines Boeing 777F has caught fire at Shanghai Pudong airport while cargo was being loaded. The carrier says in a statement that the aircraft is registered ET-ARH and was on a regular scheduled cargo service from Shanghai Pudong to Sao Paolo, and onward to Santiago. Videos ...
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Amid pomp and ceremony, last Qantas 747 heads into retirement
Qantas’s last Boeing 747 has flown into retirement, ending a half-century career with the airline. The aircraft, a 17-year-old 747-400ER registered VH-OEJ, took off from Sydney at just before 15:30 local time, operating flight QF7474 towards Los Angeles to deliver a load of freight, before heading to its final resting ...
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Cathay delays Airbus deliveries, negotiates 777-9 deferrals
Cathay Pacific will defer delivery of its Airbus aircraft by up to two years, and is in “advanced negotiations” with Boeing about delaying the delivery of the 777-9 widebody, in a bid to “produce cash savings” in the short to medium term. The deferrals on Airbus aircraft, announced in a ...
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United suffers ‘most difficult’ quarter in its 94-year history
United Airlines posted a loss of $1.6 billion for the second quarter of the year as the global coronavirus pandemic brought commercial aviation to a near-standstill, decimating passenger demand and forcing the carrier to ground a large portion of its fleet.
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US pilot union calls for extension of airline financial aid
Pilot union Air Line Pilots, International (ALPA) has again called on the US Congress to extend its payroll support programme (PSP) another six months beyond the original expiry date of 1 October.
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Alaska Airlines’ pilots approve measures that will prevent furloughs: union
Pilots at Alaska Airlines have reached an agreement with the carrier that they say will prevent the need for furloughs and layoffs when government payroll support ends later this year.
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Aegean Airlines to operate at half of 2019 capacity in August
Greece’s Aegean Airlines is operating around 40% of last year’s summer capacity in July, rising to half in August, as it looks to rebuild its schedules after the coronavirus grounding.
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Ryanair to axe Hahn base after pilots reject cost-savings deal
Irish budget carrier Ryanair is set to close its base at Frankfurt Hahn airport in November as part of wider cuts after failing to reach agreement on cost savings with German pilots.
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UK government consults on post-Brexit ETS replacement
Aviation emissions could be included in a new carbon tax under consideration by the UK government to replace the EU Emissions Trading System, which the country is set to leave when its Brexit transition period ends on 31 December.