News from FlightGlobal – Page 317
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NewsSingapore’s Scoot eyes post-pandemic opportunities
Singapore low-cost carrier Scoot expects to see significant opportunities when the Asia-Pacific finally emerges from the coronavirus pandemic.
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NewsSwiss unveils premium-economy seats for 777 fleet
Swiss will start introducing premium-economy seats on its Boeing 777 fleet during the fourth quarter in an effort to diversify its product offering amid an increased focus on leisure traffic in the aftermath of the pandemic.
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NewsPobeda adds more Turkish routes following lifting of restrictions
Aeroflot low-cost unit Pobeda is further bolstering its network of flights to Turkish tourism destinations following Russia’s recent lifting of travel restrictions to the country.
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NewsGaruda aiming to complete restructuring by year-end
Garuda Indonesia is targeting to complete its restructuring within the year but did not commit to a timeline for the process or further steps to pay off its debts.
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NewsKirana-linked Super Air Jet secures Indonesian AOC
A new Indonesian airline with close links to Lion Group founder Rusdi Kirana has received its AOC.
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NewsTrans-Tasman bubble suspended amid Australian Covid-19 spike
New Zealand has suspended its ‘travel bubble’ arrangement with Australia for three days, after the latter reported a surge in coronavirus infections in multiple states.
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NewsDutch government should have power to ban flights over conflict zones: safety board
Dutch investigators are recommending that the country’s government considers extending its flight-safety remit to include prohibiting Dutch carriers flying through foreign airspace affected by conflict. Seven years after Malaysia Airlines flight MH17 was shot down over Ukraine – and 18 months after the similar missile attack on Ukraine International Airlines ...
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NewsAirline Business Friday Briefing: Two very different CEO departures
This week saw two low-cost carriers announce changes at the top of their businesses, where the similarities between the stories begin and end with the business model.
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NewsLufthansa to temporarily bring back five A340-600s to offer first class from Munich
Lufthansa is to temporarily reactivate five Airbus A340-600s on flights from Munich next summer to provide a first-class product offering from the airport.
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NewsEastar Jet’s new buyer to pay $97 million for 80% stake: report
South Korea’s Eastar Jet has signed an agreement with stalking-horse bidder Sung Jung to acquire an 80% stake in the airline for about W110 billion ($97 million).
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NewsThai AirAsia eyes domestic traffic uptick with Phuket reopening
Thai AirAsia has expressed confidence in the Thai government’s plan to reopen Phuket in July and expects to up its domestic capacity by 30%.
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NewsThai AirAsia X making progress on lease negotiations: advisor
Thai AirAsia X has made further progress with lessors on restructuring lease agreements, after signing its first lease restructuring back in March.
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NewsWestJet makes cargo move with 737-800 freighters
Canadian carrier WestJet will launch dedicated freighter operations following the delivery of a Boeing 737-800 converted freighter.
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NewsRussia’s SKOL claims medical fleet restriction endangers patients
Russian operator SKOL is protesting that moves to seize its leased fleet risks the health of individuals in need of medical evacuation, particularly in the current pandemic crisis. SKOL has turned the Russian ministry of transport for assistance following federal aviation regulator Rosaviatsia’s decision to remove 35 aircraft and helicopters ...
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NewsIcelandic start-up Play details IPO ahead of small growth market listing
Icelandic budget start-up carrier Play is seeking to raise IcKr3.9-4.3 billion ($32-35 million) from an initial public offering, with its shares listing on a small-company stock market. Play is launching its first flights on 24 June, coinciding with the opening of its share subscription period. The offering will comprise two ...
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NewsAsia low-cost chiefs differ on recovery forecasts
Two low-cost carrier chiefs offered different views on how travel in the region might recover from the coronavirus pandemic.
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NewsInvestor Bain Capital backs Icelandair with plan to take 16.6% stake
Investment firm Bain Capital is to take a 16.6% share in Icelandair Group, through the IcKr8.1 billion ($66 million) acquisition of new shares in the company. Bain Capital has entered a binding agreement to subscribe to 5.66 billion new shares. Its acquisition is conditional upon shareholders agreeing to the transaction ...
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NewsIndia’s Alliance Air eyes growth after parent Air India divestment
Indian regional operator Alliance Air is looking to ink more codeshare agreements with other international carriers, as part of its growth strategy following the privatisation of its parent company Air India.
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NewsThai discussing A350 and -200ER leasebacks with lessors: sources
Thai Airways International has been seeking information from lessors about leasing opportunities for four aircraft types, but is mostly looking for by-the-hour contracts and cannot pay security deposits and maintenance reserves, Cirium understands.
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NewsEliminating passenger mask mandate is ‘next step’: Spirit Airlines CEO
The US government can help reduce the incidence of unruly air passenger behavior by doing away with the requirement that travellers wear face coverings, says the chief executive of Spirit Airlines.