All articles by Graham Dunn – Page 58
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Airline BusinessAirline recovery hopes blighted by slow recovery despite bright pockets
It says something about the depth of the airline industry’s troubles that even an extra $9 billion in losses this year would leave the industry significant healthier than in 2020.
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NewsEmirates boss Clark confident premium seats will be filled
Emirates Airline president Tim Clark believes airlines will be able to fill business-class and premium-economy seats following the pandemic even if demand for corporate travel remains depressed.
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NewsIATA deepens industry loss forecast for 2021 on slower recovery
IATA has deepened its forecast for airline net losses in 2021 to $47.7 billion due to the slower than hoped for recovery in air travel from the pandemic.
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NewsIndia clears Boeing 737 Max for overflights
Indian regulators have taken the first steps to easing restrictions on Boeing 737 Max flights in the country by clearing the path for foreign carriers to overfly its airspace using the type.
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NewsIATA 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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NewsAirline 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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NewsUK 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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NewsSmith 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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NewsCommission 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 BusinessBoeing 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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NewsContinued 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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NewsLufthansa 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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NewsMajali 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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NewsCorsair 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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NewsRyanair 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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NewsAirAsia 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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NewsASL’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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NewsKenya 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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NewsSmartwings 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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NewsAer 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.