All news – Page 882
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NewsDemand stays strong for ‘preighter’ passenger-freighter operations
The rapid introduction of passenger aircraft in the dedicated freighter role has been a key development during the coronavirus pandemic – one cargo experts see as continuing.
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OpinionThe art of reinvention is vital for ‘discarded’ flightcrew
The downturn hitting airlines across the globe will mean fewer pilots will be required in the short term, but for those made redundant, there are always choices.
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NewsIAG to maintain Level’s Barcelona arm after crisis-driven retreat
IAG is to maintain its Level operation out of Barcelona, having retreated from its expansion of the budget brand in other parts of Europe. The parent company indicates that it is cutting back Level’s long-haul fleet of seven Airbus A330-200s to just two aircraft. Level had four A330s deployed in ...
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OpinionLogic behind bad decisions underpins Smartwings 737 incident
Although an airline captain’s decision to proceed on a flight from Greece to Prague with just one engine may seem incomprehensible from the outside, his reasoning is likely to be all-too familiar
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NewsEurocontrol reports flattening in airline traffic recovery curve
Eurocontrol has observed a slowing in the growth rate of flight numbers in Europe since mid-July.
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AnalysisDuxford holds keys to unlock funding for Faradair’s hybrid-electric workhorse
A bid to make the UK a leader in a new generation of quiet, low-carbon regional aircraft has got a fresh surge of momentum from a new plan to establish a general aviation-focussed business cluster near the Imperial War Museum’s Duxford airfield site, within the high-technology region around Cambridge University.
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NewsIAG impairs fleet after BA 747 and Iberia A340 retirements
IAG has taken a €729 million ($863 million) charge in conjunction with a broad fleet impairment covering 61 aircraft, including the withdrawal of British Airways’ Boeing 747-400 fleet and Iberia’s Airbus A340-600s. The exceptional charge deepened IAG’s already-dire operating loss for the first half to just over €4 billion, in ...
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NewsKLM to cut 15% of workforce amid ‘new reality’
Dutch carrier KLM is to cut up to 5,000 full-time positions to “adapt its size to the new reality” created by the coronavirus pandemic.
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NewsIAG names Ferran to succeed Vazquez as chairman
Javier Ferran has been named as the successor to IAG chairman Antonio Vazquez, following unanimous approval by the group’s board of directors. IAG says that Vazquez announced his intention to retire in January 2021 after reaching nine years in office last January, which is the maximum recommended in the UK ...
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NewsQatar Airways on board as IAG proposes €2.75bn capital increase
British Airways and Iberia parent IAG is proposing a €2.75 billion capital increase, to which Qatar Airways – its largest shareholder with 25% – has already agreed to sign up. IAG says the increase would strengthen its balance sheet and liquidity, and reduce financial leverage, given that it does not ...
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NewsAirAsia X hopeful of late-year demand revival
AirAsia X is still confident that demand “will pick up towards the end of 2020”, though the group acknowledges that it has “no clear visibility on the timing of recovery”. In the meantime, the long-haul low-cost operator expects to remain in “hibernation mode”, maintaining “minimum connectivity” with “essential cargo and ...
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NewsNok Air files for business rehabilitation
Thai budget carrier Nok Air has filed for business rehabilitation with a view to restructuring the company, taking a similar path to flag carrier Thai Airways which filed for the same protection in May. The country’s Central Bankruptcy Court has accepted Nok Air’s rehabilitation petition for consideration and set 27 ...
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NewsUnited ends partnership with ExpressJet
United Airlines will consolidate all of its regional Embraer 145 flying to one partner, in order to streamline its network and lower costs as the coronavirus outbreak continues to take its toll on the air transport industry.
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NewsSkyWest posts $26m loss, ramps up Embraer fleet
SkyWest Airlines reported a $26 million loss in the coronavirus-marked second quarter as demand slumped and the airline significantly reduced its network.
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OpinionScale of Covid collapse raises questions about what comes next
Consider this: On a Friday in July 2019, 11 airlines operated 66 flights from Washington DC to New York City-area airports. Fast forward: on Friday 17 July, carriers operated just 15 flights on those routes.
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NewsAir France-KLM aims to keep medium-term fleet delivery schedule intact
Air France-KLM Group has recorded a €520 million impairment from its early phase-out Airbus A380 operations, and another €72 million from withdrawal of A340s for the second quarter. But it says it intends to keep the schedule of committed fleet deliveries for 2021-25 “as much as possible intact”, and is ...
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NewsBoom and Rolls-Royce join to study propulsion for supersonic Overture
Rolls-Royce may develop the propulsion system that will power Boom Supersonic’s in-development, conceptual supersonic passenger aircraft Overture.
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NewsAeroflot detects ‘gradual recovery’ in domestic flights
Russian flag carrier Aeroflot slipped to a net loss of Rb26.2 billion ($356 million) in the second quarter, from a profit of Rb2.73 billion a year ago.
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NewsIndia’s first five Rafales arrive at Ambala base
India’s first batch of five Dassault Rafale fighters touched down at Ambala Air Force Station on 29 July, advancing the nation’s long-planned introduction of the French-built type.
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NewsAirbus expects to set aside up to €1.6bn for restructuring
Airbus has warned that it is likely to require a provision of up to €1.6 billion ($1.9 billion) to account for restructuring once firm agreements are reached with its social partners. The airframer disclosed in June that, in response to the air transport crisis and the scaling-back of commercial aircraft ...