News from FlightGlobal – Page 213
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Fokker 100 crew confused by ‘jammed’ thrust levers during stall-protection incident
Australian investigators have found that an Alliance Airlines Fokker 100 crew was unaware that the aircraft had entered a stall-protection mode after its airspeed fell below a crucial threshold during approach to Rockhampton. The carrier’s initial and cyclic training for the type “did not adequately prepare” its pilots to identify, ...
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Stabilising Swiss opts to terminate state-backed loan early
Swiss has ended a government-guaranteed bank loan three years early, having only ever used half of the proceeds available to the Lufthansa Group carrier. The airline says the pandemic situation – which triggered the need to prop up liquidity – is “now more stable” and that “positive trends” have emerged ...
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Garuda offers to replace liabilities with new bonds, equity
Garuda Indonesia has offered to replace current liabilities with $1.13 billion in new bonds and equity.
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Air New Zealand further trims full-year loss forecast
Air New Zealand has cut – for a second time – its full-year loss forecast, amid an uplift of travel demand following the country’s border reopening.
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Transat recovers fiscal Q2 revenue, sees further improvement this summer
Transat AT, parent of Canadian holiday specialist Air Transat, reports stronger fiscal-year second quarter results and is expecting summer travel to return to near-normal levels.
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Comair on the brink after failing to secure fresh funding
Grounded South African operator Comair is set to be liquidated as the carrier’s administrators have concluded there is “no reasonable prospect” it can be rescued after failing to secure the necessary additional funding.
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Connect Airlines plots expansion with up to 100 hydrogen-powered ATR 72s
Proposed US start-up carrier Connect Airlines is ordering 75 converted ATR 72-600 turboprops, which will be fitted with hydrogen-fuelled powertrains. The firm agreement with Universal Hydrogen also covers an additional 25 converted aircraft. Universal Hydrogen was founded by former Airbus chief technology officer Paul Eremenko, and has an advisory board ...
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Akasa reaches sale-and-leaseback pact for initial 737 Max fleet
Indian start-up carrier Akasa Air has entered a sale-and-leaseback agreement covering five Boeing 737 Max 8 jets. The airline has reached the deal with Griffin Global Asset Management. Delivery of the 737s is scheduled to commence in June and the lessor says the agreement covers several of Akasa’s initial aircraft. ...
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Indonesian air travel recovering, but faces big challenges: whitepaper
While Indonesia’s air travel market is recovering from the coronavirus pandemic, several challenges confront the country’s airlines.
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ATR execs size up big potential in Japanese regional market
ATR has outlined big ambitions for the Japanese market, anticipating significant ATR fleet growth in the next few years.
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Norse Atlantic to open US services from German capital
Transatlantic start-up Norse Atlantic Airways is opening services from the German capital Berlin, operating initially to two US gateways. Norse Atlantic will serve New York JFK daily from 17 August. It will expand the fledgling German network with a service to Los Angeles from 19 August, operating three-times weekly. Norse ...
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Turkish A350 agreement becomes highlight of Airbus activity in May
Turkish Airlines provided the highlight for Airbus orders during May, following through on its indication that it would take additional A350s. The airframer has recorded an order for four A350-900s from the carrier, in a month of relatively little activity. Turkish Airlines had signalled in May that it would commit ...
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Spirit delays shareholder vote on Frontier acquisition
In the latest twist in the drama around Frontier Airlines’ proposed acquisition of ultra-low-cost carrier Spirit Airlines, Spirit has delayed a key shareholder vote that had been scheduled for later this week.
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ITA’s latest A350 flags carrier’s sustainability ambitions
Italian carrier ITA Airways will take its operational fleet of Airbus A350-900s to four – half of the eight planned – in June, through the introduction of a twinjet with a minimalist livery intended to highlight sustainability. The aircraft is largely white, in contrast to the distinctive blue which dominates ...
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Wizz continues to switch Airbus commitments to A321neo
Wizz Air has converted 21 Airbus A320neo commitments to the A321neo, a further shift of its single-aisle backlog towards the higher-capacity variant. The airline disclosed, as it released full-year final results, that it formalised the conversion in May. Deliveries of these aircraft will be carried out over the course of ...
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Wizz optimistic on restoring low cost levels as inflation adds to airline misery
Central European budget carrier Wizz Air is expecting the current fiscal year to be one “marked by high inflation”, as it looks to return to pre-crisis cost levels and improve its competitiveness. Wizz Air turned in a full-year net loss of €642 million ($686 million) – higher than the previous ...
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Australian air travel on firm recovery path: competition watchdog
The Australian Competition & Consumer Commission (ACCC) says that Australia’s air travel market is well on its way to recovering from the coronavirus pandemic, but that higher fuel prices are pushing up fares.
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Cathay gets second drawdown extension for HK$7.8 billion government loan
The Hong Kong government has again extended the drawdown period for a HK$7.8 billion ($1 billion) loan facility for home carrier Cathay Pacific.
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Air France-KLM chief concerned over staff shortage spreading to Paris and 787 delays
The chief executive of Air France-KLM has expressed concern over further staffing shortages and aircraft delivery delays, as he looks ahead to the busiest travel months of the year. Ben Smith’s comments came after tough operational challenges at KLM in recent weeks, where disruption and flight cancellations have affected services ...
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EasyJet chief calls for ‘sober view’ of capacity limits at UK airports this summer
EasyJet has called for key stakeholders to make an assessment of how much capacity individual UK airports can handle in the coming months