All articles by Graham Dunn – Page 52
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News
IATA chief sees airlines ‘more cautious’ in post-pandemic networks
A focus on tackling the mounting debt burden is likely to result in airlines adopting a more cautious approach to building back their networks post-pandemic, believes new IATA director general Willie Walsh.
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Airline industry is ‘up for the challenge’ on environment: Walsh
New IATA director general Willie Walsh cites continued airline investments in sustainability initiatives – despite the financial pressure from the global pandemic – as evidence for his confidence the industry can meet the challenge of cutting its greenhouse emissions.
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UK regulator clears path for JetBlue transatlantic debut
UK regulators have cleared JetBlue Airways to launch flights to London from New York and Boston, a further step in the carrier’s plans to begin transatlantic services this year.
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Smith sees Transavia as key tool to counter loss of Air France’s Orly slots
Air France-KLM group chief executive Ben Smith believes the flexibility union agreements have given it to develop low-cost unit Transavia at Paris Orly provides the group with a tool to help offset the loss of slots at the airport.
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News
Commission confirms Maltese approach over Air Malta state aid
European Commission officials have confirmed that the Maltese Government has approached it over a possible state-aid package for national carrier Air Malta.
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Airline Business
Boeing continues to ride the ups and downs of 737 Max return
Southwest’s follow-on commitment for 100 Max 7 aircraft and Ryanair’s imminent start of services with a higher density version of the Max 8 are further positives for Boeing’s flagship programme after the restart of commercial flights last December, but further order cancellations and the back-up power control issuing impacting some of the fleet show challenges remain
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Continued travel restrictions prompt Norwegian to lift capital raise target
Restructuring low-cost carrier Norwegian has increased the range of its planned capital raise in view of the slow opening up of travel markets.
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Lufthansa to seek shareholder authority for possible capital increase
Lufthansa Group is to seek approval from shareholders for a potential €5.5 billion ($6.5 billion) capital increase aimed at repaying equity invested in the carrier last year through Germany’s economic stabilisation fund (WSF).
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Majali returns as CEO of Royal Jordanian
Samer Majali is back as chief executive of Royal Jordanian Airlines, returning to a position he left more than 10 years ago.
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Corsair fleet renewal begins as it takes first higher-weight Airbus A330neo
French leisure carrier Corsair has taken delivery of its first Airbus A330-900 on lease from Avolon, becoming the first operator to take the higher-weight version of the widebody.
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Ryanair to open Zagreb base as part of Croatian expansion
Low-cost carrier Ryanair is to open a new base in Zagreb this summer as part of expansion plans for Croatia announced today which will also see it reopen its Zadar base.
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AirAsia sees recovery signs ahead after heavy 2020 loss
Low-cost carrier group AirAsia posted a net loss of MYR5.9 billion for 2020 as revenue slumped 74% and it was hammered by one-off costs during the pandemic-hit year.
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ASL’s UK cargo start-up launches services
ASL Aviation Holdings’ new UK cargo airline has carried out its first flight today after becoming the first fixed-wing carrier to secure an air operator certificate (AOC) from the UK CAA since Brexit.
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Kenya Airways domestic flights hit by move to counter third pandemic wave
Kenya Airways and its low-cost unit Jambo Jet will today suspend a string of domestic services following moves in the country to counter concerns over a third wave of the coronavirus.
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Smartwings exits creditor protection after securing loan
Smartwings has signed a Kc2 billion ($90 million) loan agreement with a syndicate of banks under the the Czech Government’s Covid Plus support programme helping it to come out of a moratorium with creditors it has been in since the pandemic hit. The Kc2 billion loan with four banks is ...
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News
Aer Lingus to launch transatlantic flights from Manchester in July
Irish carrier Aer Lingus has confirmed moves to launch its first transatlantic flights from the UK after disclosing plans to begin services from Manchester to New York JFK and Orlando this summer.
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Losses treble at Kenya Airways amid worst year for traffic since 1999
Kenya Airways’ losses tripled to KShs36 billion for the 12 months to December 2020, a year in which pandemic disruption led to passenger levels falling to their lowest level since 1999.
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Former Spirit chief takes vice-chairman role at India’s GoAir
Former Spirit Airlines chief executive Ben Baldanza is to become vice-chairman of Indian carrier GoAir as it looks to strengthen its senior management and develop its ultra-low-cost model.
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News
Air China strikes deal with GECAS unit to acquire A320neos
Air China has disclosed plans to acquire 18 Airbus A320neos from GECAS subsidiaray AFS Investments.
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News
Indigo Partners raises £400m after selling more Wizz shares
Indigo Partners has sold just over half of its 17.5% stake of ordinary shares in European budget carrier Wizz Air through a placement to institutional investors.