News from FlightGlobal – Page 329
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NewsCathay Pacific aims to attain carbon neutrality by 2050
Hong Kong carrier Cathay Pacific has committed to cut carbon emissions to net zero by 2050, by focusing on investing in sustainable aviation fuel (SAF), carbon emission offsets and reducing emissions through enhanced efficiency.
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NewsLawmakers seek to subsidise sustainable aviation fuel production
US lawmakers have introduced a bill to subsidise production of sustainable aviation fuels (SAF), with supporters describing the measure as key to helping airlines achieve carbon neutrality by 2050.
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NewsStop-start recovery for Asia-Pacific aviation market, warn experts
Webinar panelists suggest region faces an on-off recovery as states respond to Covid-19 outbreaks by closing borders with little warning
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NewsEl Al not concerned about financial impact of Gaza hostilities
Israeli flag-carrier El Al has yet to determine the financial consequences of the armed conflict which has ignited in Gaza, but believes the impact is not material at this stage. While some foreign carriers have been cancelling flights to Tel Aviv, El Al says it has continued to offer an ...
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NewsEU ministers clear the path to reopening air travel markets
European Union ministers have cleared the path for reopening non-essential air travel into the bloc after adopting recommendations easing the temporary restrictions from countries where the Covid outbreak is considered under control and to people that have been vaccinated against the disease.
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NewsEasyJet ready to ‘flex up’ capacity after pandemic-hit first-half loss
Low-cost carrier EasyJet expects to fly only 15% of its capacity in the current quarter after posting a pre-tax loss of €701 million for the first half of its fiscal year.
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NewsSIA Group to take 32 deliveries despite very weak demand
Singapore Airlines Group expects to take delivery of 32 aircraft in the coming 12 months including eight Boeing 737 Max 8, although it is uncertain when the type will return to service in the region.
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NewsCollins, Ameco expand Air China support pact
Collins Aerospace has expanded its agreement with MRO firm Ameco to support Air China’s aircraft fleet.
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NewsSIA announces S$6.2 billion convertible bond issue
Following massive losses for its 2020/21 financial year, Singapore Airlines (SIA) has moved to further shore up its cash position with a S$6.2 billion ($4.6 billion) convertible bond issue.
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NewsQantas flags A$2 billion loss amid further job cuts, wage freeze
The coronavirus pandemic is expected to cost the Qantas Group A$16 billion ($12.4 billion) in lost revenue, though airline chief Alan Joyce believes it is “slowly starting to turn the corner”.
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NewsFAA dishing out hefty fines to combat surge in ‘unruly’ air passengers
The Federal Administration has been dishing out more and higher fines in recent weeks to combat a surge disturbances caused by “unruly” passengers, including incidents involving violence against flight crew.
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NewsAer Lingus details cuts at Shannon and Cork bases
Aer Lingus is to permanently close its cabin crew base at Shannon airport as part of a series of cost-savings measures after warning there will be redundancies as it emerges smaller from the pandemic.
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NewsCourt rules against KLM and TAP state aid approvals
A court has annulled European Commission decisions approving state aid for KLM and TAP Air Portugal, judging that it failed to consider all factors, though it has suspended the annulments until fresh decisions are made.
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NewsSingapore Airlines retires four Boeing 777-300ERs early
Singapore Airlines has retired four Boeing 777-300ERs earlier than expected, as part of its wider culling of aircraft it has “deemed surplus to fleet requirements”.
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NewsJetBlue to begin JFK-Heathrow flights in August, Gatwick flights in September
JetBlue Airways will begin daily flights between New York John F Kennedy International airport and London Heathrow on 11 August, followed on 29 September with daily JFK-London Gatwick flights.
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NewsEmbattled SIA plunges to record losses in ‘toughest year’ yet
In what it called the “toughest year in its history”, Singapore Airlines Group slumped to a record S$4.3 billion ($3.2 billion) full-year net loss, dragged down hefty impairment costs.
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NewsAir Astana to shift some jets to Irish register under new regulatory pact
Some of the aircraft operated by Kazakh carrier Air Astana are set to be transferred to the Irish registry under a new regulatory services agreement between the two countries. Under ICAO standards such a formal arrangement enables aircraft operated in one country to be registered in another. The agreement between ...
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NewsLATAM opts to convert more 767s to freighters
South American operator LATAM Group is to take its fleet of converted Boeing 767-300ER freighters from 11 to 21 over the next two years, after enhancing its cargo expansion plan. LATAM had originally intended to take four Boeing Converted Freighter aircraft but placed options for another four, all of which ...
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NewsCooking oil-powered A350 flight flags French sustainability efforts
Air France has carried out an Airbus A350-900 service to Montreal powered by a biofuel sourced from waste cooking oil, part of a combined effort to produce sustainable aviation fuel in France. The fuel was created by project participant Total, without using virgin plant-based oil, at its La Mede biorefinery ...
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NewsIndia domestic traffic continues decline in crisis-hit April
Indian carriers saw domestic passenger numbers decline again in April, as the country plunged into crisis amid a resurgent wave of coronavirus infections.