All articles by Cirium – Page 23
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Condor files complaint after Lufthansa ends feeder deal
German leisure carrier Condor has complained to federal competition authority Bundeskartellamt about Lufthansa Group’s decision to terminate a feeder flight agreement.
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Austrian to start 767 phase-out in March
Austrian Airlines is preparing to retire Boeing 767s as part of a wider fleet-reduction effort.
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Atlas orders the final four production 747-8 freighters
The parent company of Atlas Air has ordered four new Boeing 747-8 freighters amid the ongoing shortage of air freight capacity that increases demand for cargo services during the coronavirus pandemic. Atlas will dry lease the 747s through its subsidiary Titan Aviation Leasing, reasserting its claim to be the world’s ...
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Pakistani start-up AirSial picks MTU for engine support
MTU has won an engine maintenance contract from Pakistani start-up carrier AirSial.
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Jet2 suspends flights until late March
UK airline Jet2 is extending its suspension of all flights up to and including 25 March because of the “ongoing uncertainty and travel restrictions caused by the Covid-19 pandemic”.
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EasyJet raises $1.9 billion partially guaranteed loan
EasyJet has raised a $1.87 billion loan which is partially guaranteed by the UK’s export-credit agency. The five-year loan is underwritten by a syndicate of banks, says the low-cost carrier, and supported by a partial guarantee from UK Export Finance under its export development guarantee scheme. Source: Shutterstock ...
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Emirates bolsters American services
Emirates is restarting operations to Seattle, Dallas and San Francisco and increasing capacity to other destinations in the Americas over the coming two months, as the Middle Eastern carrier continues to rebuild its long-haul network.
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DAE Capital’s aircraft sales drop by nearly a third in 2020
DAE Capital’s total aircraft sales dropped by nearly a third year-on-year in 2020.
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CALC orders 30 ARJ21s with Indonesian carrier TransNusa
China Aircraft Leasing has placed an order for 30 Comac ARJ21 aircraft with an Indonesian airline, in which CALC and two of its most senior executives have a 49% stake, as a co-buyer.
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Travellers to UK must present negative Covid-19 result
International passengers travelling to the UK will soon be required to present a negative Covid-19 test result prior to departure, under tighter restrictions announced today by the government.
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ANA issues RFP for leaseback of A321neos: sources
All Nippon Airways has issued a request for proposals for the sale and leaseback of five Airbus A321neos, sources tell Cirium. The Japanese carrier has asked lessors to submit proposals by 18 January. Source: Wikimedia Commons An ANA A321neo in March 2019 Cirium fleets data shows ANA ...
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Air travel demand flatlined in November: IATA
Air travel demand remained sharply down in November, IATA’s latest industry statistics show, as resurgent Covid-19 cases and renewed travel restrictions battered passenger confidence.
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Lufthansa raises €500 million with A350s and A320s as security
Lufthansa has used eight of its aircraft as security in a range of financing transactions which have raised €500 million ($614 million) since last July.
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Thai Airways gets extra month to submit restructuring plan
Thai Airways International has been granted a one-month extension of the deadline to submit its rehabilitation plan which will outline how its business will be restructured.
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Cathay to resume limited number of UK flights
Cathay Pacific will operate a handful of flights from Hong Kong to London Heathrow from 12 January, but return services will remain suspended.
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BOC Aviation’s lease commitments and aircraft sales down in Q4
BOC Aviation signed fewer lease commitments and extensions in 2020’s fourth quarter than in the same period of 2019, and its aircraft sale activity likewise declined.
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WestJet prepares for 737 Max flights pending approval
WestJet will begin non-commercial test flights of its Boeing 737 Max aircraft during the coming weeks with the aim of having the aircraft type ready to resume revenue flights on 21 January pending approval from Transport Canada.
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EasyJet to slash network amid UK lockdown
EasyJet is paring back its operations to just “essential connectivity” between key UK cities and select international routes, as the low-cost carrier’s home country enters a further national lockdown. Existing operations will run up to and including 10 January, to enable passengers to return to the UK, after which the ...
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Vietnam Airlines to raise $350m equity from shareholders
Vietnam Airlines plans to issue D8 trillion ($350 million) worth of ordinary shares for sale to existing shareholders to supplement working capital and pay down debt.
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Delta to install new wi-fi portal in 300 of its narrowbody jets
Delta Air Lines has inked a partnership with communications company Viasat that will deliver a new branded high-speed wi-fi portal to passengers on more than 300 of its narrowbody aircraft.