News from FlightGlobal – Page 333
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News
‘Not worth commenting on’: IATA chief Walsh slams UK travel restart plan
The UK’s announcement of countries to which non-essential travel can resume from 17 May has been given short shrift by IATA director general Willie Walsh.
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UK gives green light for travel to 12 countries including Israel and Portugal
The UK government has named Israel, Portugal and Gibraltar among 12 countries on its ‘green list’ of destinations for the resumption of non-essential international travel on 17 May.
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Air Canada loses C$1.3bn in Q1; calls on government to end restrictions
Air Canada continues to haemorrhage cash as the airline’s home country keeps its air carriers in the dark about a time-line for easing strict restrictions that are hindering them from returning to a pre-coronavirus normal.
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JAL to acquire Spring Airlines Japan as subsidiary
Japan Airlines will acquire Spring Airlines Japan to become a consolidated subsidiary, as part of a move to streamline its low-cost units and tap into future growth potential.
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S7 overtakes Aeroflot in first quarter after riding domestic wave
S7 Airlines emerged as the largest passenger carrier in Russia over the first quarter of this year, tipping Aeroflot off the top slot, according to the country’s official civil aviation figures. Federal air transport regulator Rosaviatsia states that S7 carried 3.56 million passengers over the three-month period compared with Aeroflot’s ...
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JAL domestic 777s to exit by 2023, A350s to become flagship
Japan Airlines has picked the Airbus A350 as its future flagship aircraft, as it retires its fleet of domestic Boeing 777s by 2023, and reduces the number of large widebodies in the medium term.
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JAL plunges to $3.6bn operating loss in FY2020
Japan Airlines (JAL) swung to an operating loss of Y390 billion ($3.6 billion) in its 2020 financial year to 31 March.
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Qantas uses Alliance E190 options to beef up regional capacity
Qantas has called up five additional Alliance Aviation Embraer E190s under a wet lease agreement with the regional operator.
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Australian leaders sound cautious tone on international reopening
Australian cabinet ministers have suggested that international travel to the country might not open up until the second half of 2022.
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Covid-19 crushes AirAsia Group Q1 traffic figures
AirAsia Group carriers reported a significant decline in passenger traffic for the first quarter of 2021, amid an uptick in coronavirus cases in key markets that threaten hopes of a recovery.
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Taiwanese carriers in the red for first quarter
Taiwan’s two main carriers — China Airlines and EVA Air — were both loss-making in their first quarter earnings as revenue took a hit.
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Copa posts first quarter loss, sees diverging trends in the Americas
Panama’s Copa Airlines is banking on its advantageous geographical position and extensive network to smaller cities across the Americas and the Caribbean to eventually pull itself out of the coronavirus-driven slump.
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Azul posts quarterly loss, cargo revenue rises
Brazil’s Azul narrowed its loss in the first three months of the year compared to 2020, as a bump in cargo sales partly offset steep declines in passenger revenue.
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Avelo plans US East Coast expansion with New Haven base
Recently launched US start-up Avelo Airlines will expand to the US East Coast this year with flights from Tweed New Haven airport in Connecticut.
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Domestic links feature as Ryanair to open Stockholm Arlanda base
Low-cost carrier Ryanair is to open a base at Stockholm Arlanda this winter, initially basing two aircraft at the Swedish airport.
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Sun Country earns $12.4m profit in first quarter
Sun Country Airlines’ diversified business model – which includes scheduled passenger services, charter flights and freight transport – helped propel the airline to a first-quarter profit.
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Swiss downsizing for smaller market
Lufthansa Group carrier Swiss is to cut its fleet by 15% and its headcount by a fifth as it attempts to right-size itself to serve what it perceives will be a permanently smaller customer base.
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Air France-KLM eyes positive returns this summer
Air France-KLM executives believe the group could return to cash-positive operations over the summer if the vaccine rollout delivers the hoped-for recovery in travel demand.
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El Al scraps 737-800 sale-and-leaseback plan
Israeli flag-carrier El Al has dropped plans to enter a sale-and-leaseback transaction for three Boeing 737-800s with an undisclosed foreign company. El Al had stated in April last year that it signed a memorandum of understanding covering the deal for the three aircraft, all manufactured in 2009. The airline has ...
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Irish lessor GTLK Europe to take A321 converted freighters
Irish-based lessor GTLK Europe is to acquire four Airbus A321 converted freighters, induction for which will commence this year. The aircraft will undergo modification by the EFW joint venture which is run by ST Engineering and Airbus. GTLK Europe is affiliated with the Russian state leasing company GTLK, based in ...