News from FlightGlobal – Page 266
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NewsRyanair chief says ‘panic’ over Covid-19 cases could undermine recovery
Recent government “panic” over rising Covid-19 cases across Europe threatens to undermine the recovery in air travel, according to Ryanair group chief executive Michael O’Leary. “We’re in for a fraught period between now and Christmas where it looks like Europe is going to get very nervous again at the worst ...
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NewsKenya Airways and SAA expecting to launch pan-African group ‘by 2023’
Kenya Airways and South African Airways have signed a “strategic partnership framework” as they work towards creating a pan-African airline group.
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NewsRyanair chief cites ‘Brexit disaster’ as UK airline recovery lags mainland Europe
The group chief executive of Ryanair has praised the role of the European Union’s Digital Covid Certificate in the recovery of air travel in the region, while suggesting the UK’s departure from the bloc is behind its slower progress in that regard.
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NewsConsultancy formally invites investor interest in Frankfurt Hahn airport
German consultancy firm FalkenSteg is formally seeking expressions of interest to participate in the investment process for Frankfurt Hahn airport. The Dusseldorf-based company has been commissioned by the airport operator’s provisional insolvency administrator, Jan Markus Plathner, to look for “one or more” buyers for the airport or its assets. “Investors ...
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NewsMEA full-year financial performance hammered by successive calamities
Lebanese flag-carrier Middle East Airlines has disclosed full-year losses of LL68.1 billion ($45 million) for 2020, a year in which the country faced an economic crisis, the effects of the pandemic, and the fallout from the Beirut port explosion. The loss contrasted with the near-LL130 billion profit for the carrier ...
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NewsNorwegian names former Kongsberg executive as finance chief
Scandinavian budget carrier Norwegian has named Hans-Jorgen Wibstad as its new chief financial officer, succeeding Geir Karlsen. Karlsen retained the top financial post after he took over as the airline’s chief executive in mid-year. Wibstad will step into the role by June 2022. He is a former chief financial officer ...
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NewsEl Al’s nine-month losses top $300m
Israeli flag-carrier El Al has turned in net losses of $136 million for the third quarter, taking total losses over the first nine months to $303 million. El Al generated third-quarter revenues of $253 million, the carrier has disclosed in its latest financial statement. The carrier is still trying to ...
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NewsSwedish and UK investigators dispute US conclusions on fatal PenAir Saab overrun
Swedish and UK authorities have formally objected to the conclusions reached by a US inquiry into the fatal PenAir Saab 2000 overrun at Unalaska two years ago. The aircraft – arriving from Anchorage on 17 October 2019 – overran while landing on the short runway 13 in a significant tailwind ...
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NewsAirAsia X narrows operating losses in quarter to 30 September
Long-haul, low-cost carrier AirAsia X has reported an operating loss of MYR82.5 million ($19.6 million) for the first quarter of its 2022 financial year.
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NewsSingapore-India scheduled flights to resume, as travel lane beckons
Singapore Airlines will operate daily flights under a quarantine-free travel scheme between Singapore and three major cities in India, marking the first scheduled flights between both countries in nearly two years.
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NewsSpiceJet restarts 737 Max operations in India
SpiceJet has recommenced operations with its Boeing 737 Max 8s, with the type returning to India’s skies for the first time since it was grounded in early 2019.
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NewsVirgin Atlantic sees demand return but at ‘nowhere close’ to 2019 levels
UK carrier Virgin Atlantic has seen a “material improvement” in bookings since the full reopening of the transatlantic market but still has some way to go to reach pre-Covid levels of demand.
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NewsIcelandair splits commercial division as part of realignment for recovery
Icelandair Group is restructuring its organisation, splitting its commercial operation into two divisions – focused on customers and revenue – and recruiting a former director, who also served with defunct budget carrier Wow, to head the revenue side. The revenue division will comprise the network, revenue management and sales functions ...
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NewsOmni 767 crew underestimated take-off abort speed before brake fire
Irish investigators have determined that an Omni Air International Boeing 767-300ER crew rejected a take-off above the V1 threshold shortly before a brake-fire incident that triggered an evacuation. The pilots rejected the take-off at 149kt – compared with the calculated V1 of 146kt – after hearing a noise traced to ...
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NewsBamboo eyes local, NYC listings: Vietravel Airlines gets cash boost
Vietnam’s Bamboo Airways is eyeing stock market listings in both Vietnam and the USA, as tourism company Vietravel reportedly tops up its investment in Vietravel Airlines.
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NewsEl Al details loan and share issue to secure $30m in state aid
Israeli flag-carrier El Al has detailed an agreement for funding support from the government and its controlling shareholder, Kanfei Nesharim, which includes a commitment to a share offering by mid-September next year. Under the 22 November agreement Kanfei Nesharim will provide El Al with $63 million through four loans. Three ...
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NewsAirAsia Group hopeful of ‘fast recovery’ as Q3 operating losses narrow
AirAsia Group cut its red ink for the third quarter of the year despite a plunge in revenue, as cost control efforts paid off.
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NewsJetBlue, American ask judge to throw out DOJ lawsuit
JetBlue Airways and American Airlines have asked a judge to dismiss a lawsuit against the carriers’ so-called Northeast Alliance (NEA).
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NewsHi Fly details pioneering A340 flight to Antarctic runway
Wet-lease operator Hi Fly has detailed its landing of an Airbus A340-300 on an Antarctic ice runway, the first time the four-engined type has carried out such an operation. The Maltese-registered aircraft (9H-SOL) conducted the flight from Cape Town to the runway at Wolf’s Fang – a distance of some ...
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NewsUK air travel recovery ‘significantly later’ than mainland Europe: KLM chief
KLM chief executive Pieter Elbers says the UK recovery has lagged that in mainland Europe amid “not very helpful” government travel policies.