News from FlightGlobal – Page 349
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NewsSingapore and New Zealand in talks to sync Covid-19 documentation
Singapore is in talks with New Zealand to harmonise the recognition of Covid-19 documentation, with the aim of restarting travel.
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NewsChina Airlines appoints company veteran as new president
China Airlines has promoted Shing-Hwang Kao, a company veteran of over 35 years, to become its new president.
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NewsCanada’s TSB chief faults Iran’s 737 shoot-down report
The head of the Transportation Safety Board of Canada (TSB) has taken the unusual step of criticising Iran’s conclusions into the downing of Ukraine International Airlines flight 752.
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NewsAir China strikes deal with GECAS unit to acquire A320neos
Air China has disclosed plans to acquire 18 Airbus A320neos from GECAS subsidiaray AFS Investments.
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NewsGol tweaked 737 leasing agreements in January
Gol renegotiated aircraft leasing agreements January, securing new terms that the airline says will save it R1.2 billion ($216 million) over one year.
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NewsGol’s 2020 loss nears R5bn despite profitable final quarter
Brazil’s Gol swung to a profit in the fourth quarter of 2020, though substantial losses in the first nine months of the year left the Sao Paulo-based airline with a full-year loss of R4.9 billion ($881 million).
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NewsIAG to raise €1 billion through bond issue
IAG has issued two tranches of senior unsecured bonds to raise a total of €1 billion ($1.19 billion), which it will use to shore up liquidity and for other general corporate purposes.
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NewsAzul eyes 40% annual cargo revenue surge
Azul founder David Neeleman anticipates the Brazilian airline’s cargo business will take off in the coming years thanks to booming growth of e-commerce in Latin America.
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NewsAsia-Pacific carriers jump on travel pass bandwagon
Asia-Pacific airlines are hoping that digital travel pass technology will eventually see governments ease up on the restrictions that have crushed regional travel.
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NewsSun Country stock debuts with $1.84 billion valuation
Sun Country Airlines began trading on 17 March under the ticker “SNCY” on Nasdaq priced at $33 per share, higher than its original expectation of $21 to $23 per share, giving the low-cost carrier a market value of $1.84 billion.
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NewsAustralian competition watchdog weighs in on Rex-Qantas spat
The Australian Competition and Consumer Commission (ACCC) has weighed in on the ongoing feud between Regional Express and Qantas, noting, among other things, that competition “appears to be increasing, not decreasing”.
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NewsAirAsia X wins restraining order on creditors, with exceptions
AirAsia X has been granted by the High Court of Malaya a three-month restraining order on creditors to help with its debt restructuring.
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NewsPhilippines cuts air travel to main gateway amid Covid-19 spike
The Philippine government is set to limit passenger arrivals to the country’s main international gateway for one month, as part of restrictions to clamp down on a spike of Covid-19 infections that began early this month. Authorities will impose a cap of 1,500 passenger arrivals per day on international flights ...
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NewsUS carriers added roughly 250 jets to active fleets since January
US airlines have added some 250 passenger aircraft to their active-service fleets in recent months, moving jets out of storage and taking delivery of new aircraft as travel demand seems to be rebounding.
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NewsFinal production Airbus A380 departs Toulouse for Hamburg outfitting
Airbus has flown the last production A380 from Toulouse to its Hamburg Finkenwerder plant for completion ahead of its delivery to Emirates. The flight of the aircraft, MSN272, took place on 17 March a little more than two years after Airbus opted to cease production of the double-deck type. Airbus ...
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NewsIATA aims for in-person AGM with postponement to October
IATA’s annual general meeting has been postponed to 3-5 October 2021, as the airline industry association seeks to ensure an in-person event happens this year amid a hoped-for recovery from the worst effects of the Covid-19 pandemic.
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NewsATR hoping for better 2021 as it eyes ‘gradual recovery’
Regional turboprop manufacturer ATR sees potential for annual production rates rising to up to 40-50 aircraft in the coming years as the market recovers, but cautions that any improvement will be slow.
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NewsAviation welcomes EU Green Pass scheme but warns on restart plans
Europe’s aviation industry has welcomed the European Commission’s proposals for a digital health certificate scheme, but warns that a roadmap for the lifting of travel restrictions is still urgently required.
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NewsBA bucks European trend with plans to return A380 to service
British Airway intends to return its Airbus A380s to service, making it an exception to a trend away from operating the four-engined superjumbo among its European peers.
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NewsQantas domestic network recovers to pre-pandemic levels
Australian flag carrier Qantas has seen its domestic market share increase from pre-pandemic levels, at the expense of rival Virgin Australia, which entered — and subsequently exited from —administration amid the coronavirus outbreak in 2020.