All Airlines articles – Page 303
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News
IAG’s Walsh pessimistic and puzzled by UK quarantine scheme
IAG chief Willie Walsh is pessimistic over the potential impact of a quarantine measure for inbound air passengers floated by the UK government. Prime minster Boris Johnson stated on 10 May that the quarantine – intended to prevent coronavirus re-infection from abroad – would apply to passengers arriving “by air”. ...
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News
Jeju Air falls deeper into the red
Jeju Air’s first-quarter losses far exceed those reported in the full year 2019, and provisional financial results indicate a W63.8 billion ($52 million) operating loss for the January to March period. The group reported a W34.8 billion operating loss for the whole of 2019, encompassing a W57.8 billion operating profit ...
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News
BOC Aviation signs 737 Max 8 leaseback with Southwest Airlines
Singapore-based lessor BOC Aviation has signed a purchase-and-leaseback agreement with US low-cost carrier Southwest Airlines for 10 Boeing 737 Max 8 aircraft. All 10 aircraft are powered by CFM International LEAP-1B engines. Robert Martin, chief executive of BOC Aviation, says: “We are delighted to be working with Southwest Airlines once ...
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Airline Business
Asia-Pacific April deliveries collapse amid travel restrictions
Asia-Pacific airlines received just two new aircraft during April 2020, as travel restrictions stemming from the coronavirus epidemic played havoc with delivery schedules. Only two Chinese carriers received new jets, according to Cirium fleets data. Loong Air took an Airbus A320neo and Chengdu Airlines took a Comac ARJ21. ...
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News
Air New Zealand to add more domestic flights, but no cheap fares
Air New Zealand is preparing to add more domestic flights as the country eases lockdown restrictions but warns that cheap fares will not be available. The carrier said today it plans to fly to most domestic airports when New Zealand moves to Level 2 of its lockdown, adding destinations such ...
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News
Avianca voluntarily files for Chapter 11 protection
Latin American operator Avianca is voluntarily filing for Chapter 11 bankruptcy protection with a New York court, to give the company time to re-organise its business. Avianca Holdings says the filing request, with the Southern District of New York bankruptcy court, is “necessary” given the “unpredictable impact” of the coronavirus ...
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News
Quarantine scenario draws contempt from UK airline and crew circles
Airline and cockpit crew representatives have condemned indications by UK prime minister Boris Johnson that he is prepared to introduce quarantine measures for inbound passengers to the UK. Johnson spoke on 10 May, outlining “conditional” steps towards easing the lockdown imposed on the country in March following the coronavirus outbreak. ...
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News
Southwest to generate $815m from selling, leasing back 20 737s
Southwest Airlines has signed agreements to sell and lease back 20 Boeing 737s in a transaction expected to generate $815 million in proceeds for Southwest.
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News
Circumstances of fatal Austin runway incident remain obscure
Circumstances of the fatal runway incident at Austin-Bergstrom airport which involved an arriving Southwest Airlines Boeing 737 have yet to become clear, with air-ground communications providing little further detail on the sequence of events. The airport’s operator has described the area in which the 7 May incident took place as ...
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News
Airbus delivered nearly 100 fewer aircraft over first four months
Airbus delivered just 14 aircraft during April as the full effects of the coronavirus crisis on its production operation became evident, a total down by 80% on the 70 deliveries achieved in the same month last year. The airframer registered only a single order – for nine A320neo-family jets from ...
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News
Air France-KLM targets 60% capacity recovery by year-end
Air France-KLM expects to operate 20% of previously planned capacity during the third quarter but raise the level to 60% by year-end.
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News
Mango 737 ground-collision crew opted against safer taxi route
South African investigators have stated that Johannesburg airport ground control should have instructed pilots of a Mango Boeing 737-800 to deviate from a taxiway, rather than give them the option, before the aircraft struck a taxiing Comair jet. But the inquiry into the incident, on 19 April last year, makes ...
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News
Air Europa deal still makes sense but work to do to complete: Walsh
IAG chief executive Willie Walsh believes its planned acquisition of Spanish carrier Air Europa still makes strategic sense but notes work is still ongoing regarding pricing and competition issues before a decision on completion can be made. The Iberia and Vueling parent in early November outlined its plan to acquire ...
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News
IAG scales back planned deliveries to 75 over next three years
British Airways and Iberia parent IAG now expects to take delivery of 75 aircraft over the next three years as it reduces its fleet requirements in line with expectations that passenger demand will not return to pre-crisis levels before 2023. The new fleet plan marks a reduction of 68 on ...
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News
Walsh to step down in September as IAG eyes ‘meaningful’ return in July
IAG chief executive Willie Walsh will step down in September as the British Airways and Iberia parent aims for a “meaningful” return of services in July. Walsh, who has led the group since is inception, was originally due to step down in March but delayed the move as the coronavirus ...
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News
United outlines workforce reduction measures as union battle flares
United Airlines continues to reduce its workforce, disclosing plans to lay off broad swaths of office staff, warning of pilot furloughs and, facing union backlash, pitching a new voluntary leave programme.
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News
Qatar Airways to make ‘substantial’ job cuts
Qatar Airways is to axe a “substantial number” of jobs as the global aviation industry faces a “grim” global outlook with no foreseeable improvement, the airline’s chief executive has told employees.
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News
Trans-Tasman bubble efforts gather pace
A joint Australia-New Zealand business-led initiative has set up a new group to develop proposals for reopening the border between the two countries to drive travel as they recover from the Covid-19 crisis. Both Australia and New Zealand are currently closed to non-residents and anyone entering must undergo a 14-day ...
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News
A380 finally lands freighter role with LHT modification
German maintenance specialist Lufthansa Technik is working on a conversion for an Airbus A380 as part of its effort to offer temporary passenger-to-cargo modification services. Lufthansa Technik has not identified the customer but states that it has been awarded the technical and engineering task to support the “operational change” for ...
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Airline Business
Asia’s bullish LCC orderbook confronts a bear trap
Following epic orders in the aviation bull market of the 2010s, Airbus and Boeing have significant exposure to the fate of the four major low-cost carrier groups in the Asia-Pacific. The 2010s were a heady time for Asia-Pacific low-cost carrier bosses such as AirAsia’s Tony Fernandes, Lion Air’s Rusdi Kirana, ...