News from FlightGlobal – Page 294
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NewsChina international travel to remain frozen until next year: HSBC
While China’s three largest airlines remain optimistic about domestic recovery prospects, they note that a meaningful international recovery is likely to be pushed back further, as the country continues to restrict flights overseas.
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NewsPAL targets 3 September for Chapter 11 filing: sources
Philippine Airlines is hoping to make a filing for Chapter 11 bankruptcy on 3 September (New York time), Cirium understands.
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NewsLessor Griffin Global orders five 737 Max 8s
Lessor Griffin Global Asset Management has ordered five Boeing 737 Max 8s — its first direct order with the North American airframer.
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NewsUS start-up GlobalX ferried 1,000 evacuees from Kabul just weeks after launch
Global Crossing Airlines, a charter carrier that launched flights in August, says its two aircraft flew numerous missions to and from Kabul’s Hamid Karzai International airport as part of the US government’s evacuation effort last month.
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NewsUS charter carrier GlobalX scores $1.4m in revenue in first month
Global Crossing Airlines, a start-up charter carrier based in Miami, booked 175 operating hours and $1.4 million in revenue during its first month in business.
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NewsRyanair still needs UK-licensed pilots: O’Leary
Ryanair chief Michael O’Leary insists the airline is still interested in recruiting UK-licensed cockpit crews, although he suggests the value of a UK licence has deteriorated in the wake of the UK’s withdrawal from the European Union. UK cockpit union BALPA recently urged the government to restore mutual recognition of ...
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NewsBrand name unveiled for Air Arabia’s new Armenian budget carrier
Armenia’s newly-created national budget carrier is to be branded Fly Arna, following an open canvassing of the country’s citizens for suggestions. Fly Arna is being established by the Armenian National Interests Fund through a joint venture with Middle Eastern low-cost operator Air Arabia Group. Its name is an acronym for ...
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NewsEuropean flights again exceeded Eurocontrol’s best-case scenario in August
At 71% of pre-crisis levels, flights were two percentage points ahead of the best-case scenario, which was forecast by the European air traffic manager on 1 June.
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NewsBudget carrier Pobeda profits from Russian domestic upturn
Russian budget carrier Pobeda proved profitable over the first half of this year, riding the sharp recovery in the country’s domestic travel market. Passenger numbers more than doubled to 6.4 million in the first six months compared with 2020, and July 2021 passenger figures were 46% higher than the pre-crisis ...
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NewsEmirates advances deliveries of final A380s
Emirates is to advance the delivery schedule for its last three Airbus A380s, intending to take the final aircraft in November this year. It will give the Dubai-based carrier a total of 118 A380s, accounting for almost half the entire customer fleet of 251 aircraft. Airbus puts the in-service fleet ...
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NewsFlybe edges closer to return as it starts recruitment drive for key personnel
Defunct UK carrier Flybe has moved a step closer to an unlikely resurrection after beginning a recruitment drive for key training personnel.
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NewsIndonesia AirAsia parent continues loss-making streak
Indonesia AirAsia’s parent company slightly narrowed its losses in the first half of the 2021 calendar year, despite a dramatic decline in revenue for the period.
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NewsIcelandair trims winter capacity outlook as restrictions stifle demand
Icelandair has reined-in its capacity forecast for the winter season, as a result of continuing constraints on demand caused by travel restrictions. The airline says it expects to operate 65% of its production for the winter schedule, measured against 2019 levels. It had previously estimated that it would reach a ...
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NewsNok Air widens full-year loss as liabilities exceed assets
Embattled low-cost carrier Nok Air plunged deeper into the red for the 2020 calendar year, as revenue evaporated amid a collapse in passenger travel demand during the coronavirus pandemic.
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NewsRex narrows FY21 operating loss; warns of tough FY22
Australia’s Regional Express (Rex) narrowed its operating loss to A$18.4 million ($13.5 million) from A$27.4 million a year earlier, but warns of tough times ahead given the impact of a major coronavirus outbreak in Australia.
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NewsIcelandic start-up Play signs preliminary deals on fleet expansion
Icelandic start-up carrier Play has signed letters of intent with lessors covering six more Airbus A320neo family aircraft.
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News'Gap' between Ryanair and Boeing on Max 10 price: O'Leary
Budget carrier Ryanair is discussing potential acquisition of the Boeing 737 Max 10 variant, although chief executive Michael O’Leary says negotiations over price are making slow progress. Ryanair started bringing in a high-density version of the Max 8 – known as the Max 8-200 – in June, expanding its fleet ...
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NewsAlaska applies to DOT for codeshare with Iberia
Alaska Airlines and its regional airline affiliates Horizon Air and SkyWest Airlines have applied to the US Department of Transportation (DOT) for permission to codeshare with its Oneworld partner, Spain’s Iberia.
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NewsAircraft leasing market ‘getting more expensive’: Norwegian chief
Norwegian says the market for leased aircraft has become tighter and more expensive as it considers when to act on plans to add 10-20 aircraft in 2022.
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NewsTAP Air Portugal reduces first half loss
TAP Air Portugal saw its first-half net loss narrow to €493 million ($584 million) from €582 million in the same period last year following a “ramp-up” in activity during the three months to 30 June.