News from FlightGlobal – Page 279
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KLM restores pre-Covid network
KLM has restarted flights to almost its entire pre-Covid network, with only one destination excepted.
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EasyJet takes first lounge step with co-branded Gatwick facility
Low-cost carrier EasyJet will on 21 October open it first airport lounge, a co-branded facility it is opening at London Gatwick in association with No 1 Lounges.
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Spare aircraft cheaper than paying delay compensation: Ultra Air chief
The availability of aircraft at favourable lease rates means Colombian start-up Ultra Air is aiming to achieve “operational excellence” through the retention of spare jets within its fleet, according to its co-founder and chief executive.
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Court rejects LOT appeal over EasyJet and Lufthansa win of Air Berlin assets
An EU court has rejected cases put forward by LOT Polish Airlines contesting decisions to enable EasyJet and Lufthansa to acquire assets from collapsed carrier Air Berlin.
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Boeing projects Middle Eastern carriers will maintain widebody demand
Middle Eastern operators will take delivery of 3,000 new aircraft over the next two decades, with a strong widebody presence, Boeing estimates in its latest forecast for the region. Ahead of the Dubai air show in November, the airframer states that these deliveries will include 1,320 widebody types as well ...
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Japan Airlines to acquire up to 100 Vertical Aerospace eVTOLs from lessor Avolon
Japan Airlines intends to lease or purchase up to 50 of Vertical Aerospace’s in-development VA-X4 air taxis from aircraft lessor Avolon.
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Thai AirAsia parent to raise capital, adjust shareholding in revised restructuring plans
Thailand’s Asia Aviation is set to inject fresh capital into its low-cost airline unit Thai AirAsia, as part of a broader revised restructuring plan that will see significant changes to both companies’ shareholding structures.
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Aeromexico shows improved Q3 in line with industry
Grupo Aeromexico, the parent company of Mexico’s legacy carrier, says the airline’s position during the third quarter of 2021 continued to improve in line with the global aviation industry.
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United Airlines defies Delta variant dip to post $473m profit in Q3
United Airlines reports a small profit during the third quarter of 2021 as bookings bounced back from a Delta-variant-related dip early in the three-month period.
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UK government SAF pledge welcomed but industry calls for action on cost
A £180 million ($248 million) subsidy from the UK government to stimulate sustainable aviation fuel (SAF) production in the country has been broadly welcomed by the industry, although it is calling for the government to do more to lower the price of the fuel.
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Heathrow charges could rise more than 50% under CAA proposals
UK aviation regulators have set an initial range for London Heathrow airport to increase its passenger charges by between 11% and 56% over the next five years, but rejected the hub’s request for a higher rise to offset losses incurred during the pandemic.
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As Asia travel recovery commences, China keeps the walls up
As Asia-Pacific tentatively starts opening to international air travel, Beijing’s tough ‘Zero-Covid’ approach means an air travel recovery will be anything but complete for airlines.
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Hong Kong quarantines continue to pummel Cathay passenger traffic
Cathay Pacific has cited Hong Kong’s “strict quarantine requirements” as a key reason for low passenger travel demand into the territory.
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AirAsia X proposes creditors take massive haircut: Reuters
Beleaguered long-haul, low-cost carrier AirAsia X proposes its creditors take a 99.5% debt haircut, so that it can restructure MYR33.7 billion ($8.1 billion) in liabilities.
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JD Logistics expects over 100 aircraft by 2030 for cargo carrier
China’s JD Logistics foresees its newly formed cargo airline having at least 100 leased or owned aircraft in its fleet by 2030, the company’s chief executive has told Bloomberg TV.
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Israel’s El Al enters talks over potential acquisition of Arkia
El Al has entered discussions with fellow Israeli carrier Arkia over a possible business combination, the flag-carrier has disclosed. Under the proposed transaction El Al would acquire Arkia shares in exchange for handing its own securities to Arkia shareholders. El Al has not confirmed the size of the transaction or ...
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Air Madagascar placed under court restructuring
Air Madagascar has been placed under a court-appointed restructuring process, the Indian Ocean island nation’s government has disclosed.
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Hot summer prompts Eurocontrol to predict speedier European air traffic recovery
Europe could see flight numbers back at 2019 levels as soon as 2023, according to the latest seven-year outlook report from Eurocontrol, as the air travel recovery gathers pace sooner than previously thought likely.
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New EU open skies deal with Qatar includes initial capacity caps
European Union regulators have signed an air transport services agreement with Qatar which includes capacity caps in some key markets before full access is implemented in 2024.
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Cabin virus transmission risk ‘extremely low’: ICAO conference paper
Risk of coronavirus transmission on board aircraft is lower than that for most other indoor environments, according to a paper presented to a high-level ICAO conference on aviation recovery from the pandemic. The ICAO conference – running from 12-22 October – is aiming to reach a global consensus on a ...