News from FlightGlobal – Page 288
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NewsPAL files petition for local recognition of Chapter 11 rulings
Philippine Airlines has filed a petition with a local court to “recognise formally” the Chapter 11 bankruptcy protection process currently being heard in New York.
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NewsBamboo Airways signs $2 billion GEnx engine deal
Vietnamese carrier Bamboo Airways has selected GE Aviation’s GEnx engines to power its Boeing 787-9 aircraft, in a contract valued at close to $2 billion.
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NewsDOJ sues to unwind American-JetBlue alliance, carriers pledge to fight
The US Department of Justice confirms it has sued in US federal court to force American Airlines and JetBlue Airways to scuttle their partnership in the Northeast USA, alleging the pact violates US anti-trust laws.
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NewsAmerican and JetBlue defend Northeast partnership amid reports of US anti-trust challenge
American Airlines and JetBlue Airways are on the defensive following news that the Department of Justice intends to challenge their newly established alliance in the Northeast USA.
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NewsCRJ200 carried out closed-tower take-off despite warning of opposite inbound flight
South African investigators have disclosed that a CemAir Bombardier CRJ200 crew departed from George airport before the control tower opened, despite being aware of an inbound Airlink Embraer ERJ-135 on approach to the same runway from the opposite direction. Preliminary inquiries into the 23 August incident – classified as serious ...
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NewsIcelandair Group’s chief operating officer steps down
Icelandair Group’s chief operating officer Jens Thordarson has resigned from his role.
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NewsPlay firms deal to lease four A320neo family jets from GECAS
Icelandic start-up carrier Play has firmed plans to lease three Airbus A320neos and one A321neo from aircraft lessor GECAS.
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NewsLundgren explains thinking behind EasyJet’s £1.2 billion rights issue
EasyJet’s £1.2 billion ($1.4 billion) rights issue will be used to reduce debt, help deliver a strong financial position going into the winter season where demand remains uncertain and give the carrier funds available to take growth opportunities as they arise, says EasyJet chief executive Johan Lundgren.
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NewsUtair secures new loan as it strives to emerge from debt pressure
Russian operator Utair Aviation has reached a loan agreement with Rossiya Bank for Rb12 billion ($164 million) as part of the company’s financial restructuring. Utair says the terms of the 12-year loan include a “grace period” for payment of the principal and interest. It adds that the two sides aim ...
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NewsEASA seeks to ease airworthiness management constraint for grouped airlines' fleets
Europe’s aviation safety regulator is seeking to amend rules on managing continuing airworthiness of fleets, with the aim of removing barriers to management for all aircraft operating within a carrier group. The European Union Aviation Safety Agency has set out proposals to change the regulations in a formal opinion which ...
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NewsBoeing sees 90% of European fleet replaced over next 20 years
Boeing believes around 90% of the current European fleet will be replaced over the next two decades as high renewal requirements drive future aircraft demand in the region.
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NewsCathay Pacific sets SAF usage target by 2030
Cathay Pacific aims to use sustainable aviation fuel (SAF) for 10% of its total fuel consumption by 2030, as part of what it calls a “multi-pronged approach” towards decarbonising operations.
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NewsAmerican invests $100m in Bill Gates-led clean-technology development project
American Airlines has become the latest US airline to commit to carbon-reducing measures, saying it has invested $100 million in a Bill Gates-led financing programme intended to support cleaner aviation technologies.
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NewsRepublic Airways to move headquarters, training centre to Indianapolis suburb
US regional airline behemoth Republic Airways is opening a new corporate headquarters and training centre in the Indianapolis suburb of Carmel.
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NewsUS airlines rejoice at lifting of US bans on inbound travellers
US airlines have finally received the gift they so long sought from the administration of president Joe Biden: a full opening of the USA to foreign travellers.
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NewsVueling to pick up Air France slots at Paris Orly
IAG’s Spanish low-cost carrier Vueling is set to pick up slots at Paris Orly airport being released by Air France as a condition of the European Commission’s approval of French financial support to the latter.
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NewsJetBlue and Spirit vie for 16 available Newark slots
JetBlue Airways and Spirit Airlines have applied with the US Department of Transportation to received more than a dozen newly available take-off and landing slots at Newark Liberty International airport.
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NewsAir Lease’s Udvar-Hazy upbeat on lessors’ post-Covid prospects
Air Lease executive chairman Steven Udvar-Hazy has expressed confidence that the large numbers of aircraft ordered by lessors prior to the pandemic will be required by airlines despite the crisis.
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NewsEuropean airline shares rise as US signals full restart of transatlantic travel
The big European network airlines saw their share prices increase sharply on 20 September amid reports that the US government might soon announce a relaxation of its border controls for European visitors.
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NewsShell to produce 2 million tonnes of sustainable aviation fuel by 2025
Royal Dutch Shell has announced that it intends to produce 2 million tonnes of sustainable aviation fuel (SAF) by 2025, the largest and most aggressive target among the oil majors to date.