All news – Page 746
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NewsNTSB says United engine failure caused by metal fatigue
After a preliminary onsite exam, the National Transportation Safety Board (NTSB) says the engine failure on a United Airlines aircraft on 20 February was likely caused by metal fatigue.
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NewsAirAsia X to convene creditor meetings within six months
AirAsia X must convene meetings with various creditors within 180 days of an order from the High Court of Malaya, the low-cost long-haul carrier says in a 22 February Bursa Malaysia filing.
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NewsAsiana modifies two passenger A350s for freighter operations
Asiana Airlines has modified two Airbus A350-900 passenger jets for freighter operations as part of plans to grow its cargo business.
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NewsIsrael signs for Boeing KC-46, plans for more F-35s and heavy lift helicopters
The Israeli ministry of defence has signed a letter of acceptance (LOA) for two Boeing KC-46 in-flight refuelling tankers.
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NewsNorwegian proposes haircut for creditors
Norwegian’s creditors are set to take a significant haircut on their debts under a capital-raising exercise the carrier is planning under its restructuring processes. In a 19 February stock-exchange filing, the Scandinavian low-cost carrier says it intends to issue NKr1.88 billion ($221 million) of perpetual subordinated convertible bonds and retained ...
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NewsAfter 25 years, NTSB to dismantle TWA 800 reconstruction
he National Transportation Safety Board (NTSB) will soon dismantle the skeletal reconstruction of Trans World Airlines flight 800, the Boeing 747-100 that exploded over the Atlantic Ocean nearly 25 years ago.
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NewsUAE receives third GlobalEye surveillance aircraft
The United Arab Emirates air force took delivery of its third GlobalEye surveillance aircraft from Saab on 20 February, just 10 months after receiving its first of the heavily adapted Bombardier Global 6000 business jets.
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In depthAlan Joyce – Qantas
Of the myriad challenges facing airline chief executives this year, securing government clearance to operate international services will be among the more pressing concerns. Australia and its flag carrier Qantas are an early example of the potential differences of opinion ahead. In January, Qantas began selling seats on international services ...
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In depthTewolde Gebremariam – Ethiopian Airlines
Already a largely uncontested international force among African carriers pre-pandemic, Ethiopian Airlines under Tewolde Gebremariam is positioned to further increase its footprint on the continent once the threat of the pandemic subsides. Speaking in February, Gebremariam notes that combined with Ethiopian’s uniquely strong financial performance in the region over ...
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In depthCarsten Spohr – Lufthansa
When the airline industry eventually emerges from the worst of the Covid-19 pandemic, it will be more indebted than ever. For businesses that have needed to turn to governments for financial help, that new debt is perhaps being felt even most acutely, as carriers regress to something closer to the ...
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In depthGoh Choon Phong – Singapore Airlines
Singapore Airlines chief executive Goh Choon Phong is in for another tough year, amid the pandemic and the grounding of the carrier’s multi-hub strategy. Of the SIA Group’s 185 aircraft, only 64 passenger jets and seven freighters were in service in early February, with 123 jets parked. Passengers carried fell ...
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In depthRobin Hayes – JetBlue Airways
Planning to launch transatlantic flights during what, at best, will be a pandemic recovery phase may seem foolhardy. But under the leadership of Robin Hayes, JetBlue Airways is planning to enter a market that has been fiercely defended by network carriers, to the point where disruptors – most recently ...
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In depthTony Douglas – Etihad Airways
Gulf carrier Etihad Airways was just starting to emerge from its major restructuring under chief executive Tony Douglas when the global pandemic took hold. While this left the carrier in better shape to cope with the challenges the pandemic brought, it took the momentum out of its recovery. For ...
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In depthWalter Cho – Korean Air
For all its challenges, the year ahead marks one of opportunity for Korean Air and its chief executive Walter Cho. After announcing a W1.8 trillion ($1.62 billion) takeover bid for embattled rival Asiana Airlines last November, it is now working through the process of completing the deal. Cho’s main ...
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In depthRoberto Alvo – LATAM Airlines Group
Of all the moments to take control of an airline group, March 2020 perhaps ranks as one of the least attractive in history. But that was the reality facing LATAM Airlines Group chief executive Roberto Alvo, who assumed the top role following the departure of long-serving chief Enrique Cueto, ...
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In depthLuis Gallego – IAG
Succeeding the founding and high-profile chief executive of European airline group IAG would be a tough assignment under normal circumstances. For the former Iberia chief executive Luis Gallego, who succeeded Willie Walsh in the role last September, these are anything but normal times. IAG must navigate a course through ...
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In depthScott Kirby – United Airlines
Despite being the newest chief executive among those leading the US majors, Scott Kirby is showing a willingness to take leadership positions on some of the industry’s biggest issues. Notably, he has earmarked sustainability as “the new standard in flight” – setting him apart in a country not always ...
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In depthAkbar Al Baker – Qatar Airways
As if navigating a hub airline with little origin and destination traffic out of the crisis was not challenging enough, Qatar Airways and its chief executive Akbar Al Baker also have a string of minority stakes in other carriers to think about. In better times, the operator’s investments in ...
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In depthTony Fernandes – AirAsia
One solution to the challenges of running an airline during a pandemic that has decimated your network is to pivot the business towards non-aviation activities, and that is the tack being taken by AirAsia Group under the guidance of chief executive Tony Fernandes. To be fair to Fernandes, the ...
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In depthMichael Rousseau – Air Canada
Air Canada’s Michael Rousseau takes the helm of the largest Canadian airline at a time when it faces multiple crises, the biggest of which is not of its own making. Among the many issues Rousseau will need to deal with, three stand out: the ongoing travel restrictions due to ...