News from FlightGlobal – Page 301
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NewsAlliance Aviation wins gold mine charter extension
Australian charter operator Alliance Aviation has secured a three-year contract extension from Agnew Gold Mining, its second such deal in one week.
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NewsSrilankan warns of imminent bond payment default
Srilankan Airlines has warned about its capability to make a coupon payment on a Singapore-listed bond, citing the deterioration in Sri Lanka’s economy.
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NewsSpirit delays shareholder vote on Frontier bid to 8 July
Ultra-low-cost carrier Spirit Airlines has once again delayed a planned shareholder vote on its potential acquisition to give it more time to negotiate with its two potential suitors, Frontier Airlines and JetBlue Airways.
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NewsUS airlines brace for summer’s busiest travel weekend
US airlines are preparing for potential trouble ahead of what promises to be the busiest travel weekend of the summer.
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NewsKenya Airways and SAA chiefs see partnership as key to unlocking African growth
The respective chief executives of Kenya Airways and South African Airways see the chance to unlock the potential of greater air connectivity within Africa as the reward as they work on developing plans for a pan-African operation.
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NewsEl Al to continue Arkia merger talks despite exclusivity period ending
Israeli flag-carrier El Al aims to continue negotiating with leisure airline Arkia regarding a proposed acquisition, but the exclusivity period for the talks is not being extended. El Al entered talks with its fellow Israeli carrier last year with a view to purchasing the entire share capital of Arkia and ...
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NewsVolga-Dnepr founder quit post at CargoLogicAir ahead of UK sanctions
Alexey Isaykin, the founder and president of Russian cargo specialist Volga-Dnepr Group, has resigned as a director of UK-based freighter operator CargoLogicAir (CLA).
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NewsSAS pilot strike postponed but not averted as talks deadline extends
Negotiators attempting to avert a pilot strike at Scandinavia’s SAS have obtained a three-day window to conduct further talks. Cockpit crews had been scheduled to commence industrial action on 29 June. But mediators have requested that the various sides in the dispute continue their talks for another 72h, and the ...
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NewsKorean Air plans capacity ramp-up from July; A380s to be deployed in Asia
Korean Air will increase international passenger capacity to about half of pre-pandemic levels by the end of the year, as it mulls “preemptively” hiring more staff to cope with increased demand.
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NewsChina quarantine cuts not enough to spur international travel recovery: IATA
While China’s move to cut quarantine time for travellers is “a step forward”, more should be done to do away with restrictions, which are a “disincentive” for travel, says IATA.
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NewsAir New Zealand confirms ‘game changer’ bunk bed for economy class
Air New Zealand is set to install full-length sleep pods in economy class, as part of a raft of cabin upgrades set to roll out from 2024.
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NewsAsia-Pacific international traffic picks up in May
International passenger traffic figures in May 2022 surged compared with May 2021, but a gloomy economic outlook has deflated the air cargo market.
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NewsUK’s Flypop to expand Hi Fly co-operation to passenger flights
Wet-lease operator Hi Fly is to expand its co-operation with new airline Flypop by conducting passenger flights for the carrier. Flypop, which is based at London Stansted, says it is forming a joint venture with Hi Fly for the services out of the UK. The two companies already co-operate through ...
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NewsSilk Way West signs for A350 Freighter pair
All-Boeing cargo operator Silk Way West Airlines has placed an order for a pair of Airbus A350 Freighters, plus options for a further two examples.
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NewsNorwegian government prepared to back short-term SAS debt-to-equity swap
Norway’s government is not prepared to put any new capital into Scandinavian carrier SAS, but is prepared to consider converting outstanding debt into shares. But the government will “not be a long-term owner” of the company, insists the Norwegian trade ministry. The government had previously been a part-owner of SAS ...
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NewsUK regulator proposes cut in Heathrow airport charges for coming five years
UK regulators are proposing a sliding scale of charges for airlines at London Heathrow airport under which the price cap will fall on average 6% annually over the coming five years in line with increased traffic.
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NewsAirAsia X still committed to A330neos, A321XLRs: CEO
Malaysia-based AirAsia X expects to take delivery of Airbus A330neos and A321XLR long-range narrowbodies from 2026, as the airline cautiously restarts its network after a two-year hiatus.
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NewsNorway’s Flyr drops latest share offer after stock value declines
Norwegian carrier Flyr has axed plans to offer up to 62.5 million new shares in the company, after the stock’s trading value remained below the offer price. Flyr had raised NKr250 million ($25 million) during a rights issue at the beginning of the year, an issue which was oversubscribed by ...
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NewsAlliance Aviation wins six-year extension for Sino Iron charters
Australian charter carrier Alliance Aviation has secured a six-year contract extension to continue flights operated on behalf of CITIC Pacific Mining Management (CPM).
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NewsGreater Bay Airlines names veteran Stanley Hui as new CEO
Hong Kong start-up Greater Bay Airlines has named board member Stanley Hui as its new chief executive, effectively immediately.