All Airlines articles – Page 298
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NewsClark: Cash-flow concerns likely to seriously impact new aircraft demand
Emirates Airline president Tim Clark expects the coronavirus-related cash flow crisis will result in a significant number of order deferrals and cancellations as airlines wrestle with the size and shape of their fleets.
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NewsEmirates’ Clark expecting tough 2020 then slow near-term recovery
Industry will have to “tough it out” for the remainder of this year as it reels from the coronavirus pandemic, but Clark is optimistic that business will begin to improve gradually during 2021.
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NewsHong Kong airport gradually reopens to transit passengers
Hong Kong International Airport (HKIA) has, from today, resumed allowing some transit passengers to use the airport. “From 1 June 2020 until further notice, only transit/transfer passengers who have been checked through at the origin port and take transit/transfer flights operated by the same airline group are accepted at HKIA,” ...
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NewsDemand for air travel to remain low until 2023: S&P
Airlines face a prolonged uphill climb before air travel demand recovers to pre-pandemic levels, as passenger numbers are likely to remain below last year’s levels until 2023, S&P Global Ratings has suggested in a new report. The ratings agency forecasts a “swoosh-shaped” recovery in which, after plummeting up to 55% ...
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NewsWake-vortex crash probe baffled by tight separation decision
Investigators have not been able to explain why the captain of a Diamond Aircraft DA62 calibration flight repeatedly breached minimum separation distances from commercial traffic at Dubai before a fatal wake-turbulence accident. Analysis of the accident sequence indicates the UK Flight Calibration Services DA62, conducting approaches to runway 30L, had ...
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NewsMD-82 almost stalled at low level after go-around thrust overlooked
Bulgarian investigators have revealed that a Boeing MD-82 almost stalled while nose-high at low level, after the crew did not engage go-around thrust during a missed approach at Tarbes-Lourdes airport. The Bulgarian Air Charter aircraft descended to about 40ft while still nearly 500m from the runway, flying close to the ...
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NewsIATA criticises South American governments for lack of aviation support
Airline trade group IATA has criticised Latin American governments for essentially leaving their airlines out to dry as the coronavirus devastates the industry in the region, questioning when the sector will return to its previous strength or even if individual carriers can survive the pandemic at all.
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OpinionSpaceJet waiting game plays on at Mitsubishi
True patience involves bearing what is unbearable, according to a Japanese proverb. By that measure, it is fair to say that Mitsubishi Heavy Industries (MHI), the parent of Mitsubishi Aircraft, has displayed that quality in spades.
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NewsAdient Aerospace upbeat as it unveils new single-aisle business-class seat
Despite the immediate impact of the coronavirus on air transport, seating manufacturer Adient Aerospace – part owned by Boeing – is pressing ahead with the launch of a new lie-flat business-class seat for single-aisle jets.
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PodcastAirline Business podcast: Carrier challenges in Asia, Europe and Latin America
Two months into widespread lockdowns, Graham is joined by FlightGlobal reporters to look at the different challenges facing operators across the regions.
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OpinionWhy freighter strategy is a loaded question for Boeing
Seattle faces some crucial decisions if it is to sustain its dominance in the freight sector
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NewsNorway to extend airline loan guarantee scheme
Norway’s government plans to extend its state loan guarantee scheme for airlines until the end of October saying the crisis is lasting longer than envisaged when the programme was intially launched.
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NewsANA Holdings undertakes $3.3 billion debt financing
All Nippon Airways’ parent company has decided to undertake a fresh round of debt financing from the Development Bank of Japan, amounting to Y350 billion ($3.3 billion). The agreement is subject to a 29 June borrowing deadline and the debt financing will be repaid over the long term, “determined by ...
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NewsChallenges ahead in Thai Airways business rehabilitation
The 60-year-old Thai Airways International, now in court-supervised business rehabilitation, carries the burden of legacy issues, a history of failed restructuring and transformations, and being ill-equipped to tackle industry challenges.
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NewsSAS pushes A320neo deliveries to 2024
SAS has agreed with Airbus to delay delivery of four A320neos and is in talks with the airframer on further deferrals as the Scandinavian carrier prepares for a slow recovery in traffic after the coronavirus crisis.
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NewsBullish Wizz to open Milan and Larnaca bases in July
Central European budget carrier Wizz Air has given a further indication of its expansive approach to the post-crisis environment by detailing plans to open bases at Milan Malpensa and the Cypriot resort of Larnaca.
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NewsEuropean carriers take tentative steps to restoring networks
Several European operators have announced more tentative steps to restoring their networks, including the resumption of services by Lufthansa Group operators Austrian Airlines and Brussels Airlines in June. Austrian Airlines, which suspended flights on 19 March, has today announced it will resume scheduled flights to mostly European cities in mid-June. ...
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NewsNorwegian clings to restructuring hopes as Q1 losses widen
Norwegian’s first-quarter losses have widened significantly to NKr3.28 billion ($331 million) and the company remains in “hibernation mode”, in the hope that its recent financial restructuring and state-aid lifeline will enable it to have a future.
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NewsEasyJet to axe up to 30% of jobs as it cuts fleet
EasyJet is to begin consultations on proposals to cut staff levels by up to 30% as it expects to reduce its fleet by 51 through a mix of deferrals and returning leased aircraft by the end of 2021. In a trading update released today the UK budget carrier says it ...
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NewsLessor Avation pulls the plug on sale process
Avation is ending its formal sale process as the Covid-19 pandemic brings unprecedented disruption to the aviation industry that is still ongoing. The Singapore-based lessor says in a 27 May statement that over the past “several weeks”, Covid-19 has “continued to disrupt business activities, particularly air travel, on an unprecedented ...