News from FlightGlobal – Page 203
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NewsEmirates chief ‘lit up’ when he saw Heathrow capacity curbs
Emirates Airline president Tim Clark became “pretty irate” when he saw Heathrow Airport’s recent announcement regarding capacity caps, prompting the carrier’s strongly worded response.
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NewsEmirates chief says industry will need to ‘tough out’ operational issues until 2023
Emirates Airline president Tim Clark expects the operational issues being seen in some markets to persist into 2023.
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NewsAngola’s TAAG to become latest African operator of A220s
Angolan flag-carrier TAAG is to introduce Airbus A220s, through an acquisition from US company Air Lease. TAAG is to take six of the -300 variant of the twinjets to replace Boeing 737-700s. The A220 is exclusively powered by Pratt & Whitney PW1500G engines. Air Lease is to deliver the aircraft ...
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NewsAs travel resumes, India beckons for Southeast Asian carriers
India has emerged as an area of network opportunity for a number of Southeast Asian carriers, with at least two operators ramping up capacity in recent weeks.
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NewsImpairment, lease termination costs drag Garuda deeper in red
Beleaguered Garuda Indonesia widened its full-year losses on the back of hefty impairment and lease termination costs, and despite a decline in expenses.
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NewsAtkins teams with Vertical Aerospace and Virgin Atlantic for Heathrow eVTOL test
A new consortium led by engineering design consultancy Atkins, and including Vertical Aerospace and Virgin Atlantic Airways, will in 2024 conduct an operational flight test of an advanced air mobility (AAM) vehicle from London Heathrow airport. Designed to “significantly accelerate the introduction of AAM in the UK”, the project has ...
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NewsRussia’s GTLK pursues retrieval of leased fleet from SKOL
Russian state leasing firm GTLK is aiming to retrieve aircraft quickly from operator SKOL, after disclosing that a Kaliningrad court has declared the airline bankrupt. SKOL had already been struggling after federal air transport regulator Rosaviatsia took steps a year ago to cut the airline’s fleet over unpaid debts. According ...
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NewsCathay targets 25% capacity by year-end as June traffic hits high
Cathay Pacific expects to operate at 25% pre-pandemic capacity by year-end, citing optimism over improving travel sentiment as Hong Kong slowly eases some of its onerous travel restrictions.
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NewsChina’s ‘Big Three’ expect record losses in ‘arduous’ half-year
China’s three largest carriers are expected to post their steepest net losses since the pandemic began, as they feel the impact of “multiple shocks”, including the country’s strict zero-infection policy, and rising fuel prices.
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NewsEmirates climbs down from defiant stance over Heathrow capacity cuts
Middle Eastern carrier Emirates has backed away from its refusal to co-operate with newly-imposed London Heathrow capacity limits, following a meeting with the airport’s operator. Emirates had been infuriated by the airport’s request that airlines stop selling tickets for the summer season in order to cap daily departing passengers at ...
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NewsLufthansa Group expects to report Q2 profit despite passenger airline loss
Lufthansa Group expects to report an operating profit for the second quarter of 2022, driven by the performance of its cargo and MRO units.
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NewsBoeing’s Gatwick freighter conversion centre to open second 737 line
Boeing is to open a second surge line for 737-800 freighter conversions at its facility near London Gatwick airport. The company has already commenced work to modify aircraft on its initial line at the UK hub. “We’re opening a second surge line in Gatwick,” says Kate Schaefer, vice-president for the ...
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NewsSaudi Arabia opens airspace to all civil airlines including Israeli carriers
Saudi Arabian authorities have chosen to open the kingdom’s airspace to all civil carriers, including operators conducting services to and from Israel. The decision is a crucial step forward in the efforts to broaden Israeli-Arab links following the signing of the Abraham Accords in 2020. This agreement resulted in normalisation ...
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NewsAustralia’s Rex to acquire fly-in, fly-out carrier National Jet Express
Australia’s Regional Express Holdings is to take over National Jet Express, the regional services arm of Cobham Aviation Services Australia. National Jet Express provides fly-in, fly-out services in the south and west of the country, and also operates domestic freight flights out of Sydney to various cities. The carrier uses ...
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NewsFirst A320 converted freighter delivered to lessor Vaayu Group
Conversion specialists ST Engineering and EFW have delivered the initial Airbus A320 passenger-to-freighter aircraft to the United Arab Emirates’ leasing and aerospace services firm Vaayu Group. The aircraft will be sub-leased to new Indian operator Pradhaan Air Express, which is aiming to commence cargo services this year. Pradhaan Air Express ...
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NewsFurious Emirates to defy ‘unacceptable’ Heathrow capacity cap
Middle Eastern carrier Emirates is set to defy instructions by London Heathrow airport’s operator to impose a capacity cap, furiously rejecting the demand as “unacceptable”. It is accusing the airport of having “blatant disregard” for passengers by trying to enforce a daily capacity limit of 100,000 departing passengers. Emirates insists ...
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NewsBleak prognosis for UK’s Doncaster Sheffield airport after Wizz axes base
Operators of the UK’s regional Doncaster Sheffield airport have embarked on a strategic review to consider its future after admitting that the facility will struggle to achieve profitability. The airport made a full-year operating loss of £16.2 million ($19.2 million) loss in 2018-19, and a loss of £6.8 million in ...
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NewsStrike-hit SAS warns it could be forced into ‘radical’ downsizing
SAS is estimating the cost of the pilots’ strike at SKr1-1.3 billion ($94-123 million) over the first 10 days, and warns that it could be forced to resort to selling assets and cutting back its operations. The company – which has filed for US Chapter 11 protection – has been ...
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NewsAir France-KLM firms Apollo’s €500m investment through spare engine pool
Air France-KLM Group has signed a €500 million ($501 million) investment agreement with private equity company Apollo Global Management, after the two sides entered talks for a capital injection earlier this year. The agreement involves investment in an operating affiliate of Air France which will own a spare engine pool ...
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NewsCALC to take first 737-800 freighter as it explores cargo conversions
Hong Kong-based leasing firm CALC is to acquire its first converted Boeing 737-800 freighter, modified by US company Aeronautical Engineers. CALC had signalled last year that it was looking to capitalise on the increasing demand for freighter conversions, after it picked up three Airbus A330-300s in a sale-and-leaseback deal. The ...