All articles by Cirium – Page 11
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News
Malaysia Airlines to phase out A380s ‘in coming months’
Malaysia Aviation Group (MAG), Malaysia Airlines’ parent company, has indicated plans to retire its Airbus A380 fleet “in the coming months”.
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PAL informs lessors of Chapter 11 filing deadline: sources
Philippine Airlines has informed its lessors of a plan to file for Chapter 11 bankruptcy protection in the USA by the end of May, three people with knowledge of the matter tell Cirium.
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Flybe secures Heathrow slots for Scottish services
Reborn UK regional carrier Flybe has secured 86 summer-season slots at London Heathrow airport that it plans to use for services to Edinburgh and Aberdeen in Scotland.
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Virgin Atlantic urges for restriction-free US-UK travel as it reports large loss
Virgin Atlantic has reported large losses for 2020 and called on policymakers in the USA and UK to provide the certainty needed to resume flying at scale.
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APAC traffic in March reflects ‘dire operating conditions’: AAPA
Asia-Pacific carriers flew just 1.1 million international passengers in March, equivalent to 13% of passenger volumes in the year-ago period when travel began to sharply decline, preliminary figures by the Association of Asia Pacific Airlines (AAPA) show, a reflection of “dire operating conditions”.
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SriLankan aligns passenger network around cargo
SriLankan Airlines is rebuilding its passenger network in line with its cargo operations, after the carrier experienced a near-total collapse of its tourism sales last year as a result of Covid-19, chief executive Vipula Gunatilleka has disclosed.
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News
Spirit AeroSystems acquires MRO provider Applied Aerodynamics
Aerostructures manufacturer Spirit AeroSystems has acquired US composites MRO provider Applied Aerodynamics.
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News
Cambodia considers allowing vaccinated tourists in fourth quarter
Cambodia is studying the feasibility of allowing vaccinated tourists from low-risk markets to enter the country by the fourth quarter. Tourism minister Thong Khon said his ministry will work with provincial authorities and the vaccination commission to vaccinate locals and tourism providers, according to a 27 April update on the ...
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News
Heathrow allowed limited increase in airport charges
The UK Civil Aviation Authority has denied Heathrow Airport’s request to increase its charges to airlines by £2.6 billion ($3.6 billion), deeming such a rise to be “disproportionate and not in the interests of consumer”.
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Air Cairo receives its first A320neo
Air Cairo has taken delivery of its first Airbus A320neo, which joins the Egyptian low-cost carrier’s all-Airbus fleet of seven aircraft.
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Analysis
European aviation chiefs demand more support for green recovery
Aviation executives have called for more government support to help the sector meet its target of reaching carbon neutrality by 2050.
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News
Thai AirAsia plans IPO for capital injection by new investor
Thai AirAsia’s parent company has disclosed a corporate and capital restructuring plan for the airline, which involves listing it on the Stock Exchange of Thailand (SET) to accept a Bt3.15 billion ($100 million) loan from a new investor.
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ANA targets carbon-neutral aircraft operations by 2050
ANA Holdings is aiming to achieve net-zero carbon emissions from aircraft operations by 2050.
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News
EU approves €462 million of support for TAP Air Portugal
European regulators have cleared a €462 million ($558 million) loan from the Portuguese state to flag carrier TAP, having deemed the support to be within state-aid rules.
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News
Finnair restart to be focused on leisure routes
Finnair plans to increase capacity to a host of European holiday destinations and key US markets as it envisages rebounding summer traffic following a successful vaccine rollout.
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News
South Korea to allow scenic flights from secondary airports
South Korea plans to allow the operation of non-landing international scenic flights at Seoul Gimpo International, Daegu International, and Busan Gimhae International airports.
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News
Southeast Asia a focus of concern: Aircastle
The sluggish recovery of the aviation market in the Southeast Asian region and the knock-on impact on carriers’ ability to pay their rents remains an area of concern for Aircastle, chief executive Michael Ingelese says, emphasising that some airlines are “struggling pretty significantly”.
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News
Etihad to ground A380s ‘indefinitely’
Etihad has decided to ground its entire fleet of 10 Airbus A380s “indefinitely”, as it remodels its fleet around the Boeing 787 and A350-1000, chief executive Tony Douglas has disclosed.
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IAG commits to 10% sustainable fuel use by 2030
IAG has pledged to power 10% of its flights with sustainable aviation fuel (SAF) by 2030, a goal that it says will allow it to cut its annual CO2 emissions by two million tonnes.
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News
Garuda Indonesia agrees to pay A$19m fine for cargo price-fixing
Garuda Indonesia has agreed to pay a A$19 million ($15 million) penalty for its involvement in an air cargo cartel, as ordered by Australia’s Federal Court in a May 2019 judgement.