All articles by Cirium – Page 4
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NewsJazeera’s second quarter operating loss widens
Kuwait’s Jazeera Airways’ operating loss widened significantly in the second quarter to KD4.73 million ($15.7 million) as compared to KD1.87 million in the same period in 2020.
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NewsJeju Air to raise $180 million via share issue
Jeju Air aims to raise nearly W210 billion ($180 million) from an equity raise.
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NewsAir New Zealand defers equity raise to first quarter of 2022
Air New Zealand will defer a planned equity raise to at least the first quarter of 2022, in accordance with New Zealand’s latest action plan for a phased reopening.
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NewsST Engineering’s Commercial Aerospace unit reports S$89.7m H1 profit
ST Engineering’s Commercial Aerospace segment has reported an operating profit of S$89.7 million ($66 million) for the first half of 2021.
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NewsRoyal Brunei Airlines cuts July-October schedule amid outbreak
Royal Brunei Airlines will reduce flight operations to a few direct services between July and October, amid a new wave of Covid-19 infections.
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NewsVirgin Atlantic to start transatlantic flights from Edinburgh
Virgin Atlantic will launch flights to Barbados and Orlando from Edinburgh as part of wider capacity growth to the region.
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NewsEuropean airport data confirms summer rebound
A raft of passenger statistics from the European airports sector provides further evidence of resurgent passenger demand across the continent.
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NewsStruggling Indonesian carriers’ jets enter storage in Australia
More than a dozen aircraft operated by Garuda Indonesia and privately-held Lion Air Group have been placed in storage in Australia this month.
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NewsPAL’s Chapter 11 hit by further delay as bank backs out: sources
Philippine Airlines’ filing for US Chapter 11 bankruptcy protection has been further delayed after one of the banks providing financing for the process backed out, according to two lessors with exposure to the airline. “The airline and the shareholder specifically are… already engaged in discussions with a replacement local back ...
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NewsVirgin Atlantic eyes autumn IPO: report
Virgin Atlantic is preparing an initial public offering in London for this autumn, as it hopes for a return of transatlantic travel, Sky News reported on 8 August.
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NewsBOC Aviation signs fewer leases, sells more aircraft in Q2
BOC Aviation signed fewer lease commitments in the second quarter of this year, but took delivery of and sold more aircraft.
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NewsAircraft trading environment ‘red hot’: DAE
The aircraft trading market is currently “red hot”, observes DAE Capital chief executive Firoz Tarapore.
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NewsSingapore weighing up SAF use and production
Singapore is reviewing the operational and commercial viability of using and producing sustainable aviation fuels (SAF).
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NewsThai AirAsia further suspends domestic flights until end August
Thai AirAsia has further extended its suspension of all scheduled domestic flight operations to end August and put all employees on no-pay leave.
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NewsIndiGo aims for CO2 per ASK to be 18% lower in 2023 than 2016
IndiGo has disclosed its target to cut carbon emissions per available seat-kilometre to 18% below their 2016 level in the financial year 2023.
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NewsTUI Group to consolidate management of airlines
Travel group TUI plans to amalgamate its five individual airlines under a single leadership, bundling key functions together in order to streamline operations.
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NewsVietJet increases net profit in first half of 2021
VietJet Aviation increased its net profit for the January-June half-year period, despite a spike in Covid-19 infections in Vietnam that began at the end of April and caused Q2 profit to plummet compared with the first three months of the year.
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NewsQantas to use IATA Travel Pass when international flights return
Qantas Group will roll out IATA’s Travel Pass digital health application when regular international flights return.
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NewsRex seeks legal recourse against ‘anti-competitive’ Qantas
Australia’s Regional Express is seeking advice on legal recourse against Qantas, for what it alleges as anti-competitive behaviour in the form of capacity dumping and predatory practices.
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NewsEuropean Commission clears AerCap-GECAS merger
European regulators have cleared AerCap’s $30 billion acquisition of General Electric’s leasing division, GECAS, concluding that it raises no competition concerns.