News from FlightGlobal – Page 289
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NewsLufthansa launches $2.5bn capital raise to repay state support
Lufthansa is launching a €2.14 billion ($2.50 billion) capital raise aimed at strengthening its equity position and repaying part of the German state’s investment in the airline during the crisis.
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NewsCathay cuts year-end capacity forecast; August traffic hits 2021 high
Cathay Pacific has reduced its capacity forecast for the year-end — amid ongoing travel restrictions — as the embattled carrier’s passenger numbers in August hit a new high for the year.
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NewsHK waypoint error saw Atlas 747-8F stray toward mountain
The omission of a waypoint in the flight management system saw an Atlas Air Boeing 747-8F turn right shortly after taking off from Hong Kong International Airport, heading toward high ground on Lantau Island.
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NewsAlliance Airlines in component pact with Embraer
Australia’s Alliance Airlines has entered a multi-year services agreement with Embraer related to the carrier’s fleet of E-190 regional jets.
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NewsL-410 crash spurs consideration of night-landing ban at visual-only airports
Russian federal air transport regulator Rosaviatsia is recommending an analysis be conducted on the feasibility of banning commercial flights at night to airfields which have only visual approach capabilities and no instrument approach procedures. The recommendation to the regulator’s territorial authorities follows the fatal accident involving an Aeroservis Let L-410 ...
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NewsUS airlines could miss 2021 profit targets as end-of-year travel demand sags
US airlines may struggle to meet already trimmed 2021 financial targets due to the persistence of Covid-19, which continues eroding demand for autumn and winter travel despite a strong summer period.
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NewsUnited to serve Lagos from Washington DC
United Airlines will launch flights to Lagos in Nigeria from Washington DC on 29 November.
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NewsAdministrator sets €290m starting price for Alitalia brand
Administrators for Alitalia will tomorrow launch a tender for the Italian carrier’s brand, having the set the price at €290 million ($341 million) to participate.
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NewsUS government to grant 16 Newark slots to a discount airline
The US Department of Transportation is making 16 take-off and landing slots at Newark Liberty International airport available to a single US low-cost airline.
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NewsAirlines hail scrapping of UK ‘traffic light’ system for travel
Airlines based in and serving the UK have welcomed the decision by the country’s government to simplify its requirements for arrivals at English airports.
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NewsAegean Airlines narrows second-quarter loss
Aegean Airlines has posted a pre-tax loss of €34.8 million ($41 million) in the second quarter ended 30 June, narrowing from a loss of €88.5 million in the year-ago period.
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NewsSIA exhausts S$8.8 billion funds from 2020 rights issue
Singapore Airlines has fully utilised the S$8.8 billion ($6.54 billion) in gross proceeds from a June 2020 rights issue.
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NewsChina Eastern talks up ambitious plans for Hainan operations
China Eastern Airlines hopes to place up to 50 aircraft at its newly-established base on Hainan island, as part of broader plans to grow its presence at the up-and-coming free trade hub.
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NewsChinese ‘Big Three’ domestic traffic hits 2021 low
Domestic traffic in August at China’s three largest airlines hit a new low in 2021 as parts of the Chinese mainland battled a surge in coronavirus infections caused by the more contagious Delta variant.
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NewsLufthansa names new head for Air Dolomiti
Lufthansa has named Steffan Harbarth as the new chief executive of its Italian regional carrier Air Dolomiti, with effect from the start of next year.
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NewsSweden’s BRA to test ATR with 100% blend of sustainable fuel
Braathens Regional Airlines is to conduct a pioneering flight test at the beginning of next year, aiming to fly an ATR turboprop with a 100% blend of sustainable aviation fuel. Speaking during a briefing on 16 September, recently-appointed BRA chief executive Ulrika Matsgard said the carrier was “starting the process” ...
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NewsYakutia chief Gorbunov steps down over carrier’s operational issues
Siberian carrier Yakutia’s director general, Vladimir Gorbunov, is to step down from his post following prolonged operational problems with the carrier. Gorbunov had been appointed in October 2018 to lead the airline after previous chief Olga Federova stepped down in the aftermath of a Sukhoi Superjet 100 landing accident in ...
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NewsRyanair raises long-term traffic target as it seeks to capitalise on crisis
Europe’s biggest budget operator Ryanair now expects to carry 225 million passengers by March 2026, an increase of 25 million on its previous expectations.
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NewsVirgin Australia confirms vaccine mandate for all employees
Virgin Australia will require all employees to be vaccinated against the coronavirus, becoming the second Australian carrier to do so after Qantas announced a similar mandate in August.
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NewsAir New Zealand, Airbus embark on hydrogen aircraft research
Air New Zealand has signed a memorandum of understanding with Airbus to study the feasibility of hydrogen-powered aircraft in New Zealand.