News from FlightGlobal – Page 187
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NewsEl Al to repay government loan by year-end under revised aid pact
Israeli flag-carrier El Al has reached a new agreement with the government under which it will advance repayment of $45 million in support loans granted by the state. The repayment, brought forward by two years, will be carried out by 20 December. El Al says the new pact means most ...
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NewsSAS obtains court approval for bridge financing
Scandinavia’s SAS has obtained court approval for the $700 million bridge financing agreed with funding firm Apollo Global Management. SAS, which is restructuring under US Chapter 11 protection, had disclosed on 14 August that it had secured the provision agreement for debtor-in-possession financing. The company says the court approval for ...
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NewsChina’s lockdowns could push international air travel rebound to 2026
Some aviation analysts now think international air travel may not fully recover until 2025 or 2026 due largely to China’s continuation of its travel-busting “zero-Covid” policy.
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NewsAeroflot Group’s Rossiya names new general director
Aeroflot Group carrier Rossiya has named Yan Burg as its general director, formalising a position in which he has acted since early March. He joined the airline as technical director in October 2018, having previously worked for Russian Helicopters as well as Aeroflot. Burg has an educational background in aircraft ...
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NewsRomania’s Blue Air delays service restart until 10 October
Romanian low-cost carrier Blue Air has pushed back its resumption of flights until 10 October, having initially cancelled flights until 11 September.
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NewsRussian government prolongs loan subsidy scheme for lessors taking domestic aircraft
Russia’s government is extending a loan subsidy programme to ease the process through which lessors acquire domestically-built aircraft to lease to carriers. The programme – which was initiated a decade ago, in October 2012 – had applied to loans taken by lessors from 2008-21 but it will be extended, under ...
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NewsVietjet swings to operating loss in first half of 2022
Vietnam low-cost carrier Vietjet Air swung to an operating loss of D192 trillion ($8 million) in the first six months of 2022, compared with an operating profit of D157 trillion a year earlier.
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NewsAir Transat gains ground, still posts Q3 financial loss
Transat AT, the parent company of Canadian airline Air Transat, reports stronger third-quarter financial results compared with the pandemic-stunted figures of last year but still operated at a loss during the three-month period.
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NewsAll outstanding Qatar A350-1000s cut from Airbus backlog
All the outstanding Airbus A350-1000s for Qatar Airways have been removed from the airline’s backlog, according to the airframer’s latest official monthly figures. Qatar Airways had 42 A350-1000s on order of which 19 have been delivered. But a legal dispute over skin-paint deterioration on Qatar’s A350s led the airline to ...
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NewsAir Transat orders four Airbus A321XLRs
Canadian leisure carrier Air Transat has placed long-term lease orders for four new Airbus A321XLRs that will be delivered within several years, US lessor Air Lease Corporation (ALC) said on 8 September.
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NewsAn-24 wing-strike probe warns over pressing approaches in poor weather
Russian investigators have established that an Antonov An-24B which landed at Ust-Kut with a damaged wing had been attempting a non-precision approach in poor weather before sustaining a serious left-hand wing-strike. The Angara Airlines aircraft (RA-47848) had been conducting a second approach to runway 30, following a go-around initiated by ...
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NewsEmirates details in-flight entertainment system chosen for A350 fleet
Middle Eastern carrier Emirates is to fit its upcoming fleet of 50 Airbus A350s with a Thales in-flight entertainment system. The Dubai-based airline says it has chosen the Thales Avant Up system for the twinjets, deliveries of which are set to commence in 2024. Emirates says the system features 4K ...
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NewsMost United PW4000-powered 777s back in air
United Airlines has reintroduced 44 of its 52 of Pratt & Whitney PW4000-powered Boeing 777s, marking a significant milestone in the company’s recovery from an in-flight engine failure that grounded the fleet in February 2021.
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NewsAurora agrees terms for SSJ-New deliveries to build east Russian fleet
East Russian carrier Aurora has signed an agreement on delivery terms for eight Irkut SSJ-New twinjets at an economic forum in Vladivostok. The aircraft, a revised version of the Superjet 100, are part of a fleet modernisation for the carrier which includes Ilyushin Il-114-300 turboprops and the UZGA LMS-901 utility ...
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NewsUnited Airlines warns of withdrawal from JFK airport
United Airlines may suspend service at New York’s John F Kennedy International airport at the end of October due to a lack of permanent slots.
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NewsAir Canada seeks Emirates codeshare to access India: CEO
Air Canada’s plans for a deeper relationship with Emirates Airline include expanded service to India, the company’s chief executive has indicated.
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NewsFirst A330neo in Virgin Atlantic livery rolls out
The first Airbus A330neo in Virgin Atlantic colours has been rolled out ahead of the UK carrier’s launch of services with the type this autumn.
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NewsFinnair chief: Russian airspace closure took away ‘unique advantage’ of Asian reach
Finnair is not ruling out the possibility of shedding personnel as part of an operational strategy revision intended to counter the weakening of its Asian route network. Asian services were among the most profitable in the Finnair network, and have been the platform on which it has developed Helsinki as ...
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NewsSeaglider aims to deliver sustainable sea change
Of the hundreds of concepts evolving for zero-emission aircraft, one that is attracting increasing interest is the electric seaglider being developed by Regent Craft.
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NewsFinnair overhauling network and fleet as Russian airspace ban upsets Asian strategy
Finnair is to reduce its fleet size and restructure its route network after its fundamental strategy of serving Asian destinations was undermined by the closure of Russian airspace. The rebalancing of its network and re-alignment of capacity are part of a broad set of measures aimed at restoring profitability, after ...