News from FlightGlobal – Page 326
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NewsFraport withdraws from Chinese airport market with Xi’an divestment
German airport operator Fraport is withdrawing from the Chinese market, having been unable to build on its involvement with Xi’an Xianyang airport. The company is selling its entire 24.5% shareholding in the airport operator, ending a 14-year partnership which has run since the company acquired the stake in 2008. Fraport ...
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NewsMC-21 serial production delay forces Russia to look at fuel subsidy for older types
Russia’s government is expecting serial production of the Irkut MC-21 to be pushed back by up to two years, and has outlined optimistic plans to ramp-up output of older, and less fuel-efficient, aircraft types in the interim. During a briefing that followed a presidential meeting on the state of the ...
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NewsIndiGo commercial chief Boulter steps down; second executive to leave in two days
IndiGo’s chief commercial officer Willy Boulter is stepping down in July, the second senior executive to leave the low-cost carrier in two days.
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NewsEtihad chief Douglas untroubled by A350 paint-crack worries
Despite the paint problems experienced by other Airbus A350 operators, the boss of Etihad Airways remains sanguine about the potential for similar issues to afflict its fleet of the carbonfibre widebody. Gulf rival Qatar Airways in particular has been vocal about the issue of skin-paint deterioration on several of its ...
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NewsSAS runs into early friction during negotiations with pilots
Scandinavian operator SAS’s negotiations with cockpit crew representatives over its latest transformation plan have already encountered friction, with pilot union Svensk Pilotforening walking out of talks barely after they began. SAS has initiated a long-term plan, ‘SAS Forward’, in a bid to generate SKr7.5 billion ($800 million) in cost ...
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NewsEasyJet chief slams ‘shameful’ Dutch government plan to triple flight tax
EasyJet chief executive Johan Lundgren has heavily criticised Dutch government plans to increase aviation taxes, describing proposal as “shameful”
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NewsIAG fortifies Gatwick with BA Euroflyer and Vueling expansion
IAG is reinforcing its presence at London Gatwick with the restoration of British Airways short-haul operations, while Spanish division Vueling is opening new services with slots on loan from the flag-carrier. British Airways is establishing a new subsidiary, BA Euroflyer, which will operate short-haul services from Gatwick later this year. ...
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NewsHead of Dutch rail Rintel set for return to KLM as new chief executive
KLM has selected the head of Dutch rail firm NS, Marjan Rintel, as its new chief executive – meaning she will return to lead the carrier for which she worked for 15 years. She will succeed Pieter Elbers who is standing down in the first half of this year. KLM ...
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NewsEurope’s airlines must not be ‘punished’ for tackling sustainability: Lufthansa chief
European commercial aviation’s ambitions to address its sustainability challenges must not carry a risk that the region’s airlines become competitively disadvantaged, in the view of Lufthansa chief executive Carsten Spohr.
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NewsASL follow-on deal for 737-800 converted freighters set to double fleet
ASL Aviation Holdings is ordering up to 20 more Boeing 737-800 converted freighters, to be modified by the US airframer. The aircraft will be allocated to ASL’s airlines in Ireland, France and Belgium as well as joint-venture operations in Asia. Conversion work will commence in the second quarter of next ...
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NewsIndustry must collaborate to hit net-zero target, says Etihad chief Douglas
Etihad Airways chief executive Tony Douglas has called for the aviation industry to work together with all its stakeholders – including policy makers, regulators and passengers – in order to hit its net-zero goals by 2050.
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NewsQantas targets 25% emissions cut by 2030 in push towards net-zero
Qantas expects to cut emissions by 25% by 2030, as part of a broader goal to achieve net-zero emissions by 2050.
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NewsChina’s ‘Big Three’ prolong loss-making streak as rising fuel costs, restrictions bite
China’s three largest carriers were deep in the red for a second consecutive year, widening their net losses and bucking a trend seen among some of the region’s airlines which have bounced back to profitability.
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NewsAerCap files insurance claim against more than 100 jets held by Russia carriers
Irish aircraft lessor AerCap has filed $3.5 billion worth of insurance claims as compensation for aircraft and aircraft engines that Russian airlines have not returned since Western government slapped Russia with economic sanctions.
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NewsAir Canada re-evaluating strategy for subsidiary Rouge
Air Canada is reconsidering the operational strategy of its discount subsidiary Rouge, a move coming amid heightened low-cost competition within Canada.
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NewsAir Canada thinks full recovery will extend beyond 2024
Air Canada does not expect to recover fully from the industry downturn until after 2024, though executives insist the airline’s rebound is firmly underway.
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NewsDiscrimination, harassment, finances are main barriers facing women in aviation: FAA advisory report
Male-dominated culture, widespread sexual harassment and discrimination, financial barriers to career entry and lack of gender-specific support systems are main reasons women remain significantly underrepresented in aviation and aerospace.
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NewsSAS recruits ex-Finnair finance chief
Scandinavian operator SAS has named Erno Hilden, formerly with Finnair, as the company’s new chief financial officer. He will succeed Magnus Ornberg who is stepping down from the position this spring. Hilden had served as chief financial officer of Finnair until 2015, and had also been the airline’s chief operating ...
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NewsAerCap could list first-quarter impairment against leased fleet in Russia
Leasing giant AerCap is expecting to recognise an impairment on aircraft leased to Russian airlines which the company has been unable to retrieve. It says this impairment could be made as early as the first quarter of this year, but it stresses that it has “not determined the amount”. While ...
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NewsAir France-KLM and other carriers lose legal bid to cut cargo cartel fines
Air France-KLM and a number of other operators have lost a legal bid to challenge fines imposed on them by the European Commission over participation in a pricing cartel for the airfreight market. But the European Union General Court ruling also partly annuls the Commission’s decision concerning several other airlines, ...