News from FlightGlobal – Page 340
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NewsTightened crew quarantine measures punish Cathay’s March traffic
Cathay Pacific reported a third consecutive month of traffic declines as it began to feel the impact of tightened crew quarantine measures imposed by the Hong Kong government.
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NewsChina’s ‘Big Three’ March domestic traffic leaps past 2019 levels
After a tepid start to the year, China’s three largest carriers made significant gains in domestic traffic, surpassing even pre-pandemic levels in some instances.
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NewsVietnam Airlines outlines measures to bolster financial position
Vietnam Airlines has outlined various support measures to improve its financial position following its losses in 2020.
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NewsDelta loses $1.2bn in Q1, aims for profitable Q3
Delta Air Lines aims to return to profitability in the third quarter as domestic travel ramps up following the year-long coronavirus downturn.
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NewsBlocked middle seats cut coronavirus transmission risk: US government report
Blocking middle seats on commercial jets does help reduce the spread of coronavirus.
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NewsAir Baltic’s operating loss balloons to €202 million amid crisis
Air Baltic posted a €202 million ($242 million) operating loss in 2020 amid the pandemic, swinging from a €27 million EBIT profit in the previous year.
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NewsRussia’s S7 to sell off Cyprus Airways stake
Russia’s S7 Group is looking to sell its 36.9% stake in Cyprus Airways.
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NewsPobeda takes on first 737-800 under Aeroflot Group fleet optimisation
Russian budget carrier Pobeda has received the first Boeing 737-800 to be transferred to the operator under Aeroflot Group’s broad fleet restructuring programme. Aeroflot Group is re-aligning the fleets of Aeroflot, and subsidiaries Rossiya and Pobeda, as part of a strategic rethink on capacity allocation within its various markets. This ...
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NewsGA Telesis orders more 737-800 converted freighters
Commercial aviation industry services specialist GA Telesis is ordering another four Boeing 737-800SF converted freighters, the modified airframe developed by Aeronautical Engineers. The agreement covers three conversion slots in the second half of this year, and one reserved for early 2022. Alabama-based conversion centre Commercial Jet Services, a partner of ...
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NewsFurther consolidation among top lessors unlikely: rating agencies
Major rating agencies do not expect the AerCap-GECAS merger and the sale of FLY Leasing to Carlyle Aviation Partners will lead to much further consolidation among larger rated lessors.
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NewsCommission confirms Maltese approach over Air Malta state aid
European Commission officials have confirmed that the Maltese Government has approached it over a possible state-aid package for national carrier Air Malta.
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NewsSouth Korea’s Aero K launches operations
South Korean carrier Aero K has commenced scheduled domestic flights, becoming the country’s eighth low-cost carrier.
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NewsWizz Air expects gradual late-summer traffic recovery
Central European budget carrier Wizz Air is expecting to turn in a net loss of €570-590 million ($680-700 million) for the full year. The company puts the underlying loss, for the year to 31 March 2021, at €475-495 million – the difference being a €95 million loss relating to discontinued ...
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NewsVirgin Australia adds 737s, restarts hiring amid domestic recovery
Virgin Australia Group will reintroduce 10 Boeing 737-800s into its fleet, as part of a wide-ranging, “fast-tracked” domestic recovery plan which will also see the carrier resume hiring.
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NewsQantas suffered A$429 million hit from recent domestic lockdowns
Recent domestic lockdowns will cost the Qantas Group an estimated A$429 million ($331 million) in its 2021 financial year, but it is upbeat about prospects for the fourth quarter.
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NewsAmerican plans to fly 90% of domestic capacity during the summer
American Airlines says that it plans to fly 90% of its normal domestic seat capacity and 80% of its international capacity during the summer season as customers begin to return to air travel in greater numbers after the beginning of the coronavirus health crisis.
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NewsWestJet extends flight suspensions to sun destinations
WestJet has extended its temporary suspension of flights to southern destinations until 4 June as the Canadian air travel industry continues struggling with the coronavirus crisis.
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NewsGol slashes April capacity as Brazilian Covid-19 cases rise
Gol will operate 50 aircraft in April, down from 63 the previous month, in response to reduced demand for air travel as Brazil battles rising Covid-19 infection rates.
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NewsBritish Airways chief says UK travel-restart framework ‘lacks ambition’
The UK government’s proposed framework to reopen international travel markets has its merits but fails to properly take into account the improving health situation, according to British Airways chief executive Sean Doyle.
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NewsChina Southern reviewing future of A380 fleet
China Southern Airlines has become the latest carrier to suggest the Airbus A380 might not have a future in its fleet.