All articles by Cirium – Page 66
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NewsAirlines cut back Iran services on coronavirus fears
Several carriers are suspending their operations to Iran in response to the ongoing coronavirus outbreak in the country. The United Arab Emirates has become the latest nation to ban flights to Iran. “All passenger and cargo aircraft traveling to and from Iran will be suspended for a period of one ...
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NewsSpairliners wins A380 component support deal from Emirates
Emirates has signed a general terms agreement with component maintenance provider Spairliners for Airbus A380 support. Jointly owned by Air France Industries KLM Engineering & Maintenance and Lufthansa Technik, Spairliners is focused on servicing A380s and Embraer E-Jets. The deal is significant as Emirates is by far the largest A380 ...
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NewsUnited withdraws 2020 guidance ahead of its investor day
United Airlines has withdrawn the full-year 2020 guidance it disclosed on 21 January as part of its fourth-quarter 2019 earnings report because of unexpected business losses from the coronavirus outbreak in the Asia Pacific region. The Chicago-based airline had previously expected its full-year 2020 adjusted earnings per share to be ...
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NewsCoronavirus outbreak puts new China-Europe routes at risk
New routes between mainland China and Europe are at risk as the coronavirus outbreak batters air traffic. Privately owned Juneyao Air has opted to postpone the launch of three new services from Shanghai Pudong to Dublin, Manchester and Reykjavik. These are to be operated as multi-leg, fifth-freedom routes, via Helsinki. ...
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NewsDelta increases stake in Korean Air parent company past 10%
Delta Air Lines has bumped up its stake in Korean Air’s controlling shareholder to 11%. A stock exchange disclosure by Hanjin KAL indicates that the US carrier owns 6.5 million of its shares as of 20 February, up from 5.5 million shares or 9.21% previously, through “acquisition of shares due ...
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NewsAMES extends Dubai site for GE90 fan module inspections
Aerostructures Middle East Services (AMES) has formally opened an extension of its Dubai facility to accommodate mandated fan-stator module inspections on ageing GE Aviation GE90 engines. The composite repair provider – a joint venture between Safran Nacelles and Air France Industries KLM Engineering & Maintenance – says it doubled its ...
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NewsPolish provider LOTAMS conducts maintenance checks for Air Europa
LOT Aircraft Maintenance Services has completed a trio of heavy checks for Spanish carrier Air Europa. The latest event, a C-check on a Boeing 737-800, was begun on 8 January and required around 8,000 man-hours over 32 days, says the Polish MRO provider. It adds that the check included repair ...
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NewsAtlas 2020 outlook hinges on coronavirus
As the end of 2019 approached, the air cargo sector was hopeful that easing trade tensions between the USA and China could allow a slight recovery for air freight demand between two of the world’s largest economies. Those hopes have been dashed as the coronavirus outbreak has brought the Chinese ...
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NewsAsiana executives take voluntary pay cut to ride out crisis
Senior executives at South Korea’s Asiana Airlines have offered to take a pay cut to help the company through a rough patch.
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NewsAir New Zealand expects up to $47m hit from coronavirus
Air New Zealand is expecting a NZ$35-75 million ($22-47 million) hit to financial year 2020 earnings, as it weighs up the impact of the coronavirus outbreak against cheaper jet fuel. “The airline’s revenue outlook for the remainder of the year is expected to be adversely impacted as a result of ...
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NewsAirAsia X asks lessors for lease payment deferrals: sources
AirAsia X is looking to delay lease rental payments to tide itself over during the coronavirus crisis, sources tell Cirium. An executive at one of the carrier’s lessors tells Cirium that it is unlikely the company will allow AirAsia X to skip lease payments entirely but may be open to ...
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NewsAir China and China Eastern to resume some suspended flights
Air China and China Eastern Airlines intend to resume within a two-month timeframe some international services that were suspended due to the coronavirus outbreak. Shanghai-based China Eastern says it will restart “more than 800” domestic and international flights over the next two months, starting from 25 February. Flights from Kunming ...
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NewsAriana Afghan Airlines seeking to buy six aircraft
Afghanistan’s Ariana Afghan Airlines is the market to buy six aircraft. A tender document published on the airline’s website shows it is looking for two Airbus A330-200s, two Boeing 767-300ERs and two De Havilland Canada Q300s. The closing date for bids is 26 February 2020. The airline says in the ...
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NewsLufthansa effectively grounds 13 widebodies amid China suspension
Lufthansa has made a network capacity cut equivalent to 13 widebodies, after suspending services to mainland China amid the coronavirus outbreak. The Star Alliance group says it is taking the opportunity to carry out maintenance work and add reserve capacity in Frankfurt, Munich, Vienna and Zurich. “The 13 aircraft are ...
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NewsAir France-KLM studies fleet options if coronavirus impact lasts
Air France-KLM is considering how it could redeploy summer capacity to other markets where demand is stronger in the event of an extended coronavirus impact on its Chinese and broader Asian networks.
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NewsQantas Group carriers reducing Asia and regional flights into May
Qantas and Jetstar are cutting back flights to Asia and regional destinations for the next three months as demand declines amid the coronavirus outbreak. Flights to China, Hong Kong and Singapore will be affected. The overall reduction of around 16% will last “until at least the end of May”, says ...
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NewsQantas’ first-half profit flat amid external headwinds
Qantas saw its half-year underlying profit before tax come in flat at A$771 million ($512 million), with higher revenues helping to offset external headwinds. Group revenue for the first half of its 2020 fiscal year, which ended 31 December, rose 3% to A$9.46 billion. A 3% climb in passenger revenue ...
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NewsUnited and Vistara codeshare on domestic Indian flights
A new codeshare agreement between United Airlines and Vistara enables United customers to book domestic travel to 26 destinations in India on flights operated by the New Delhi-based carrier. Among the destinations in the codeshare are Ahmedabad, Bengaluru, Chandigarh, Goa, Hyderabad, Jodhpur, Srinagar, Thiruvananthapuram, Udaipur and Varanasi. Chicago-based United operates ...
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NewsVietnam's Bamboo in talks for up to a dozen 777Xs
Vietnamese start-up Bamboo Airways is in talks with Boeing to order as many as 12 777X twinjets. The deal, which would be valued at up to $5 billion at list prices, could be finalised in the second quarter, the airline confirms. “We are now discussing with Boeing,” Bamboo tells Cirium. ...
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NewsSingapore extends support for aviation industry amid coronavirus outbreak
Singapore is rolling out a six-month support package for the country’s aviation industry, with an aim of safeguarding Changi Airport’s air connectivity, reducing business costs, and protecting jobs, amid the coronavirus outbreak that has affected airlines worldwide. The S$112 million ($80.5 million) package will comprise rebates on aircraft landing and ...