News from FlightGlobal – Page 330
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NewsUS aviation industry seeks a cut of massive infrastructure bill
The US aerospace and airline industries are seeking a slice of the $2 trillion infrastructure-investment proposal working through the US Congress, requesting tax credits, grants and other funds for the purpose of advancing clean-energy technology.
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NewsLufthansa calls for transatlantic air travel corridor as bookings surge
German flag carrier Lufthansa has called for a “clear perspective” on a transatlantic air corridor between the USA and Europe as bookings for long-haul travel surge.
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NewsIceland’s Play to launch with Stansted service in June
Icelandic start-up Play Airlines plans to launch operations next month, debuting on the Reykjavik-London Stansted route.
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NewsBulgaria’s Cargo Air takes Europe's first AEI 737-800 freighter
Bulgarian operator Cargo Air has become the first European carrier to take delivery of a converted Boeing 737-800 freighter from US specialist Aeronautical Engineers. Aeronautical Engineers secured certification of the 737-800SF modification from the European Union Aviation Safety Agency on 7 May. It has subsequently delivered the initial European aircraft ...
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NewsNorwegian edges closer to completing financial restructuring
Low-cost carrier Norwegian aims to complete its court-approved financial restructuring later this month after a deadline passed with no objections filed against the plan.
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NewsCovid-19 hammers South Korean LCCs in Q1
South Korean low-cost carriers all saw operating losses widen significantly during the first quarter of 2021 amid the coronavirus pandemic.
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NewsIcelandair Group finance chief steps down after two years
Icelandair Group has named Ivar Kristinsson as its interim chief financial officer, following the decision by Eva Soley Gudbjornsdottir to step down from the post after two years. Gudbjornsdottir has overseen the group’s finances, steering it through the impact of the pandemic, since succeeding Bogi Nils Bogason – who had ...
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NewsPorter pushes tentative restart from June to July
Porter Airlines will delay its tentative date for resuming flights to 20 July, marking the 10th time the regional airline has moved the date forward since shuttering its operations at the start of the Covid-19 pandemic downturn in March 2020.
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NewsCathay sees traffic lift in April, though recovery still a long way
Cathay Pacific has warned that it is not seeing any “immediate meaningful improvement” in passenger travel demand, as it discloses another dismal month of traffic figures.
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NewsApollo to offer another 6m Sun Country shares
Apollo Global Management is selling another another six million shares of Sun Country Airlines in a secondary public offering – a move coming two months after a successful initial public offering left the carrier flush with cash and valued at $1.84 billion.
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NewsUnited expands domestic and international schedule
United Airlines has added 400 daily domestic and international flights to its schedule in anticipation of a run on air travel during the summer vacation season following the coronavirus pandemic-driven downturn.
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NewsPremium operator La Compagnie targets June scheduled restart
French all-premium long-haul operator La Compagnie is aiming to resume scheduled transatlantic flights from France to New York in June after what will have been a 15-month break because of the Covid crisis.
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NewsJetBlue outlines CFO succession plan
JetBlue Airways’ head of treasury and investor relations Ursula Hurley will become acting chief financial officer effective 12 June.
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NewsIcelandic start-up Play moves closer to launch
Planned Icelandic start-up Play Airlines appears closer to launching after securing its Air Operator’s Certificate and its first aircraft.
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NewsUSA should be on UK ‘green list’: British Airways chief
The chief executive of British Airways has called for the UK government to add the USA to its list of destinations to which non-essential travel is possible without quarantine.
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NewsRyanair doubts Boeing will deliver first 737 Max jets in time for summer
Ryanair is beginning to doubt that its first Boeing 737 Max jets will arrive before this summer’s peak travel months.
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NewsRyanair ‘cautiously’ eyes breakeven this year after €815m loss
Europe’s biggest low-cost carrier Ryanair ‘cautiously believes’ it can be close to breakeven for the financial year ahead after posting a record loss of €815 million ($990 million) for the pandemic hit year to March 2021.
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NewsBangkok Airways has tough Q1 amid tourism travails
Bangkok Airways saw its first quarter operating loss widen to B677 million ($21.5 million) from B284 million a year ago, as the coronavirus pandemic continued its relentless pressure on Thailand tourism.
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NewsThai AirAsia eyes year-end international restart amid worsening financial results
Thai low-cost carrier Thai AirAsia has warned that the third wave of coronavirus infections in April will impact its profitability, as it sank deeper in the red amid plunging revenue.
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NewsChina’s ‘Big Three’ see staggering domestic traffic growth in April
China’s three largest carriers — Air China, China Eastern Airlines and China Southern Airlines — continued their impressive domestic traffic growth in April, reporting threefold increases in passenger numbers.