All Airlines articles – Page 287
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UK government clears Manston to re-open as air freight hub
UK transport secretary Grant Shapps’s office has given crucial government approval for re-opening and developing Manston airport – located some 100km east of London – as an air freight facility. The development consent order for the project was granted on 9 July. Under the proposal, put forward by RiverOak Strategic ...
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JetBlue to leave Long Beach, shift flights to Los Angeles
New York-based low-cost carrier JetBlue Airways will leave Long Beach airport in October, shifting flights to Los Angeles International airport, which will become JetBlue’s primary West Coast operations centre.
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Struggling Air Namibia cleared to resume flights
Under pressure Air Namibia has been cleared by the Namibian High Court to resume services after its operating licence was suspended amid continued financial concerns.
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Jet2 ‘confident’ demand will return as full-year profit slides
UK leisure carrier Jet2’s parent company, Dart Group, has reported a 10% decline in full-year pre-tax profit but is “confident” demand will return and “encouraged” by bookings for next summer.
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US investment firm picks up Corsair’s 747-400 fleet
Three Boeing 747-400s formerly part of the fleet of French leisure airline Corsair have been sold to the aviation division of a US-based transport and energy sector investor. Fortress Transportation & Infrastructure Investors, located in New York, is picking up the 747-400s – identified as bearing serial numbers 26880, 26877 ...
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Rolls-Royce clears parked 787 backlog after Trent 1000 blade progress
Rolls-Royce has eliminated the backlog of Boeing 787s grounded while they await maintenance in relation to Trent 1000 blade-durability issues. The powerplant manufacturer had expected to reduce the number of 787s awaiting work to single digits by the end of the second quarter of this year. Rolls-Royce says the clearance ...
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LATAM secures key funding as Brazilian unit joins Chapter 11 filing
LATAM Airlines Brazil has joined other parts of the airline group in entering Chapter 11 bankruptcy protection as it took a further step to securing required financing to complete its restructuring.
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BOC Aviation boosts second-quarter lease commitments
BOC Aviation’s recent sale-and-leaseback spree helped it record more signed lease commitments in the second quarter than in the same period last year, though aircraft sales were down. The Singapore-based lessor signed leases for 38 aircraft in the three months ended 30 June, compared with 32 in 2019’s second quarter. ...
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United warns 36,000 employees their jobs are in danger
United Airlines has warned 36,000 employees, or 45% of its total staff, that their jobs may be in danger as the carrier prepares to downsize following the coronavirus pandemic.
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Airbus deliveries halve in the first six months
Airbus delivered 196 aircraft over the first six months of the year, half the figure of 389 it had achieved at the same point in 2019. The figure means the airframer managed to hand over 36 aircraft during the month. These included four A350-900s for Iberia, Air France and SAS, ...
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Hi Fly confirms LHT oversaw A380 freighter conversion
European wet-lease operator Hi Fly has brought into service a freight-optimised Airbus A380, which has been temporarily converted from passenger configuration in a project overseen by Lufthansa Technik.
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UK cabin crew join Ryanair pilots in accepting temporary pay cuts
Ryanair cabin crew members based in the UK have agreed to a temporary pay cut of up to 10% to avert job losses at the airline.
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Air Mauritius seeks buyers for five aircraft
Air Mauritius has put three Airbus widebodies and two single-aisle aircraft up for sale, weeks after entering voluntary administration amid the Covid-19 crisis.
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Cathay Pacific mulls parking aircraft outside Hong Kong
Cathay Pacific Group is considering parking some aircraft outside of its Hong Kong base to protect them from the city’s hot and humid summer. The company tells Cirium it is looking into this “for operation management reasons”. “At the present time our aircraft are parked at Hong Kong International Airport, ...
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Auditor questions AirAsia Group’s survival
Accounting firm Ernst & Young has questioned the AirAsia Group’s ability to remain a going concern, citing deteriorating finances amid the coronavirus pandemic. It notes that the group suffered a full-year net loss of MYR283 million ($66 million) in 2019, a year in which liabilities exceeded assets by MYR1.8 billion. ...
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AerCap sees big drop in Q2 lease agreements
Lessor AerCap signed lease agreements covering only 10 aircraft in the second quarter of 2020, down from 48 in the same period last year. The 10 aircraft comprise one widebody and nine narrowbodies, while in Q2 2019 AerCap signed deals for four widebodies and 44 narrowbodies, says the company. Aircraft ...
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Jiangxi Air applies to start international operations
Chinese carrier Jiangxi Air has applied to the country’s civil aviation authorities to start international passenger and cargo operations. A notice from the Civil Aviation Administration of China (CAAC) states the Nanchang-based airline had applied to be able to fly to Hong Kong, Taiwan, as well as flights to “neighbouring ...
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Korean Air to sell in-flight catering and retail businesses
Korean Air is selling its in-flight catering and duty-free businesses and has signed a memorandum of understanding with local private equity fund, Hahn & Company. The investment firm describes itself as “specialising in buyouts and corporate restructurings in South Korea”, according to its website. Korean said in a statement today ...
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United sees cancellations rise, warns of furloughs
United Airlines says cancellations of forward bookings are once again rising due to new travel restrictions and increasing numbers of coronavirus cases across the southern sun belt states, prompting a warning that furloughs will be inevitable.
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Canada’s Nolinor announces launch of new airline
Canadian passenger and freight charter airline Nolinor Aviation has announced plans to launch a new airline later this year despite the coronavirus crisis that has decimated much of the travel industry.