News from FlightGlobal – Page 345
-
NewsCDB Aviation signed more leases in 2020
CDB Aviation signed more new leases and new financing transactions in 2020 compared with the year prior, although its aircraft sales fell and it acquired fewer aircraft.
-
NewsBA backs ZeroAvia as it eyes hydrogen power for future short-haul fleet
British Airways has become the first airline to invest in hydrogen propulsion developer ZeroAvia, the first step in a journey that could see the flag carrier replace its whole short-haul fleet with zero-emission aircraft by 2050.
-
NewsKorean Air president sees substantial recovery from 2022
Korean Air believes the strong performance in its cargo business will slow the second half of 2021, with passenger flights resuming and bellyhold capacity re-entering the market.
-
NewsPandemic pushes China’s ‘Big Three’ into big full-year losses
China’s three largest carriers swung deeply into the red in 2020, despite a domestic air travel recovery, as the “unprecedented impact” of the coronavirus outbreak punished their profitability.
-
NewsUS airlines commit to net-zero carbon emissions by 2050
US airlines have committed to spearhead initiatives in order to help the industry get to net-zero carbon emissions by the middle of this century.
-
NewsBoeing finalises sale of 23 737 Max to Alaska Airlines
Alaska Airlines has firmed an order for 23 Boeing 737 Max 9s, securing the jets after having in December announced an intention to acquire them.
-
NewsRyanair to open Zagreb base as part of Croatian expansion
Low-cost carrier Ryanair is to open a new base in Zagreb this summer as part of expansion plans for Croatia announced today which will also see it reopen its Zadar base.
-
NewsAmerican to reactivate ‘most’ aircraft in Q2 amid rising demand
American Airlines will operate the majority of its fleet in the second quarter, in response to stronger-than-anticipated demand for domestic and short-haul air travel.
-
NewsCebu Pacific swings to massive operating loss in 2020
Philippine low-cost carrier Cebu Pacific Air swung to an operating loss of Ps20.8 billion ($428 million) for 2020 amid the impact of the coronavirus pandemic.
-
NewsKorean Air floats 2024 for finalisation of Asiana acquisition
Korean Air estimates that “all aspects” of its acquisition of Asiana Airlines will be finalised by 2024, as the flag carrier has “readjusted” its timeline for international regulatory approvals.
-
NewsHainan’s creditors seek to claw back more CNY200 billion
More than 1,500 creditors are hoping to claim more than CNY201 billion ($36 billion) from Hainan Airlines, the embattled flagship airline unit of China’s HNA Group, as a creditors’ meeting draws nearer.
-
NewsUnited expands flights to Latin America in May
United Airlines says that during the month of May it will exceed its pre-pandemic schedule to Latin America, 15 months after cutting service to the region as passenger demand plummeted amid the first wave of the coronavirus.
-
NewsNorse Atlantic to take batch of 787s from AerCap
Norwegian long-haul start-up carrier Norse Atlantic Airways has signed to lease nine Boeing 787s from Irish-based lessor AerCap. The nine aircraft comprise six 787-9s and three 787-8s – all of which are used, and all of which are fitted with Rolls-Royce Trent 1000 engines. AerCap says it will start to ...
-
NewsAirAsia sees recovery signs ahead after heavy 2020 loss
Low-cost carrier group AirAsia posted a net loss of MYR5.9 billion for 2020 as revenue slumped 74% and it was hammered by one-off costs during the pandemic-hit year.
-
NewsUnited back at JFK, with Los Angeles and San Francisco flights
United Airlines is back at New York’s John F Kennedy International airport.
-
NewsQatar Airways to serve 140 destinations this summer
Qatar Airways plans to rapidly expand its network for the summer season to over 1,200 weekly flights and 140 destinations as it ramps up capacity into what it hopes is the tail end of the pandemic.
-
NewsASL’s UK cargo start-up launches services
ASL Aviation Holdings’ new UK cargo airline has carried out its first flight today after becoming the first fixed-wing carrier to secure an air operator certificate (AOC) from the UK CAA since Brexit.
-
NewsSouthwest orders 100 737 Max 7s, takes 155 options
Southwest Airlines has ordered 100 Boeing 737 Max 7s, a deal that cements the manufacturer as Southwest’s long-term aircraft partner and throws enormous support behind the Max programme.
-
NewsCarlyle to acquire aircraft lessor FLY Leasing
Carlyle Aviation Partners has agreed to acquire FLY Leasing in a deal valuing it at $2.36 billion.
-
NewsKenya Airways domestic flights hit by move to counter third pandemic wave
Kenya Airways and its low-cost unit Jambo Jet will today suspend a string of domestic services following moves in the country to counter concerns over a third wave of the coronavirus.