All news – Page 785
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NewsGovernment reinforces Air Serbia as turbulence rocks Balkan carriers
Serbia’s government has reinforced its position in flag-carrier Air Serbia, as the air transport system of the former Yugoslavia continues to suffer with the collapse of Montenegro Airlines. Air Serbia emerged in 2013 as the former Jat Airways – a successor to Yugoslav operator JAT – underwent a revamp through ...
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NewsCourt approves BGI’s planned acquisition of Israir
Israeli carrier Israir’s sale trustee has received court approval for BGI Investments’ planned acquisition of the airline, following a drawn-out bidding contest. The Tel Aviv district court has granted approval after Israir bondholders backed the BGI bid and rejected those of two competing suitors. All three had been ordered, in ...
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NewsAirAsia X contests BOC Aviation’s enforcement of UK court order
AirAsia X is seeking to nullify BOC Aviation’s efforts to enforce a UK court judgement in the High Court of Malaya in Malaysia, where the airline group is based. “As an update, the company wishes to announce that the company had on 14 December 2020, filed and served on the ...
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NewsChina Airlines closes chapter on 747 passenger operations
China Airlines will phase out the last of its passenger Boeing 747-400s by early 2021, becoming the latest carrier in the region to retire the type, which it has operated for more than 30 years.
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NewsIndiGo investigates data breach involving ‘internal documents’
India’s biggest airline by fleet size IndiGo has said that some of its internal documents may have been compromised by hackers. In a 31 December filing to the BSE, the carrier said that “some” of its servers were hacked in December. While it was able to restore ...
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NewsBOC Aviation issues Covid-19-related profit warning for 2020
BOC Aviation has kicked off the new year with a heads-up to investors and analysts that its net profit for 2020 could be at least 25% down on the year prior. In a profit warning issued today to the Hong Kong stock exchange, the Singapore-based lessor says it expects net ...
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NewsAvianca A319 arrives at Bogota entangled in ‘balloon’ debris
Colombian investigators are probing an incident in which an Avianca Airbus A319 arrived at Bogota trailing a large quantity of entangled ribbon-like debris from its wings, stabiliser and fin. The airline says flight AV29 from Orlando to Bogota on 31 December was “hit by a hot-air balloon” during its landing ...
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NewsJetBlue takes delivery of first A220-300
JetBlue Airways has taken delivery of its first Airbus A220-300, built in the European airframer’s Mobile, Alabama facility.
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NewsNordica to buy out LOT stake in regional unit Xfly
Estonian carrier Nordica has reached agreement with LOT Polish Airlines to acquire its 49% share in Xfly, making it the sole owner of the regional capacity provider.
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NewsAirline accident fatalities higher than 2019 despite reduction in flights
Despite the sharp reduction in flying during 2020 because of travel restrictions related to the Covid-19 pandemic, fatal losses for the last 12 months were just as high as in some recent years. Globally there were 12 fatal airline accidents in 2020, resulting in the deaths of 332 passengers and ...
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NewsIAG welcomes UK-EU liberalisation clause as it adapts ownership structure
British Airways and Iberia parent IAG has welcomed the recognition of airline ownership liberalisation contained within the text of the new UK-European Union trade agreement. Ownership has been an issue for IAG during the UK’s withdrawal from the EU, because IAG controls both UK and EU carriers. IAG has been ...
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NewsSwedish debt authority grants guarantee to regional carrier BRA
Sweden’s national debt office has given a guarantee for a SKr200 million ($24 million) loan intended for Braathens Regional Airways. The guarantee covers 90% of the principal for the loan, which will run for five years. Sweden’s government has mandated the debt office to provide the guarantees to mitigate the ...
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NewsIsrair trustee seeks court approval for BGI acquisition
Israeli carrier Israir’s sale trustee has sought formal approval from a Tel Aviv court for the acquisition offer put forward by bidder BGI Investments. BGI Investments is a division of the company Shai Odem, controlled by retail entrepreneur Rami Levy and business partner Shalom Haim. After a drawn-out contest for ...
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NewsRand questions JASDF capabilities in East China Sea conflict
The Japan Air Self-Defense Force (JASDF) will face a number of challenges supporting the US military should a conflict occur in the East China Sea, according to think tank Rand.
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NewsUS hits Europe with new tariffs on aircraft parts
The Office of the US Trade Representative (USTR) has placed new tariffs on aircraft manufacturing parts as well as some alcohol products from the European Union in an ongoing transatlantic spat about aerospace subsidies.
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NewsCanada adds negative test to quarantine requirement for inbound travellers
The government of Canada has imposed additional travel restrictions for all inbound air passengers in a further effort to stop the spread of the highly contagious coronavirus.
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NewsIsrair poised to be acquired by retail entrepreneur through BGI bid
Retail entrepreneur Rami Levy appears set to take over Israeli leisure carrier Israir, following a convincing backing of BGI Investments’ offer for the airline in a three-way run-off. BGI had been competing in a final bidding round for Israir against rivals YH Dimri and Dor Alon Energy. Bondholders voted on ...
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NewsWizz Air Abu Dhabi confirms Athens for first flight
Wizz Air’s new Abu Dhabi unit will operate its first flight on 15 January, to Greek capital Athens, part of an initial network of destinations across the Mediterranean and Caucasus regions. Services to another Greek city, Thessaloniki, will begin on 4 February, to be followed in the coming months by ...
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NewsAir China chairman resigns after seven-year tenure
Air China chairman Cai Jianjiang has resigned his position, to be replaced by the airline’s vice chairman and president, Song Zhiyong.