News from FlightGlobal – Page 350
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NewsNew aircraft deals hint at tenuous recovery: Air Lease
Airlines have begun making new deals for aircraft or reactivating purchase options to increase fleet capacity amid optimism that vaccination could begin a recovery in air travel, Air Lease executives opined.
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NewsUS DOT slams Hong Kong air crew quarantine rules
The US Department of Transport (DOT) has criticised the Hong Kong government’s quarantine requirements for air crew as “disproportionally” impacting US carriers “to the benefit of Hong Kong carriers”.
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NewsCourt allows merger of 321 HNA Group-linked firms as part of restructuring efforts
A court in China has given the green light for the merger of 321 companies linked to troubled HNA Group, including its aviation assets, to speed up restructuring efforts.
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NewsNigeria’s Azman told to suspend 737 operations for safety audit
Nigerian carrier Azman Air has been ordered to suspend Boeing 737 operations in order to undergo a safety audit. The Nigerian Civil Aviation Authority says the measure – which takes effect from 15 March – affects all 737s across the airline’s fleet. It states that the decision follows a “series ...
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NewsIndigo Partners raises £400m after selling more Wizz shares
Indigo Partners has sold just over half of its 17.5% stake of ordinary shares in European budget carrier Wizz Air through a placement to institutional investors.
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NewsAsian Development Bank extends $65m liquidity to Fiji Airways
Fiji Airways has secured a $65 million liquidity support facility from the Asian Development Bank (ADB).
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NewsSIA expresses cautious optimism amid vaccine rollouts
Singapore Airlines (SIA) plans to steadily expand its network in the coming months, as it sees a gradual recovery stemming from global vaccination campaigns.
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NewsTroubled Nok given extension to submit rehabilitation plan
Thailand’s Central Bankruptcy Court has granted low-cost carrier Nok Air a one-month extension to file its rehabilitation plan.
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NewsSkyWorks offers 17 LATAM aircraft for auction
Aircraft lessor SkyWorks Leasing is offering 17 LATAM Airlines Group aircraft for auction.
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NewsSouthwest sees break-even by June
Southwest Airlines hopes to break even by mid-2021 as air travellers return in greater numbers.
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NewsAmerican’s Parker says recovery imminent
American Airlines is optimistic that a sustainable post-coronavirus rebound has begun as customers start to return in greater numbers.
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NewsAmerican deal on track despite JetBlue’s pilot tiff: CEO Hayes
JetBlue Airways remains able to implement a business partnership with American Airlines despite JetBlue’s pilots recently voting down new contract terms.
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NewsJetBlue reports surge in March leisure travel demand
JetBlue Airways has seen a substantial jump in air travel demand during March, with its daily revenue almost doubling – thought the airline has not reached cash-break-even levels.
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NewsJazz pilots agree to Air Canada Express deal
Pilots at Canada’s Jazz Aviation have approved a deal that will allow the company to become the exclusive operator of Air Canada Express flights.
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NewsUnited’s Kirby predicts break-even cash flow this month
United Airlines is on track to stop burning through cash by the end of March, according the company’s chief executive, who struck a remarkably positive tone during a 15 March investor conference.
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NewsVirgin Atlantic to receive further shareholder funding
Virgin Atlantic has agreed a further £160 million ($223 million) package of loans and payment deferrals, the majority of which will come from founder Richard Branson’s Virgin Group, as the UK carrier awaits a return to flying later in the year.
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NewsAsia-Pacific has largest share of full border closures by region
Asia-Pacific has the biggest proportion of total border closures compared to other regions, reflecting local governments’ relative caution that has curbed confirmed Covid-19 case numbers but heavily impacted air traffic recovery.
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NewsSnow-strike 737 crew did not correct altitude for low temperature
Investigators probing a Boeing 737-500’s below-glidepath approach to Usinsk, before the jet struck a snow bank upon landing, have revealed that the crew did not correct the altitude for the freezing air temperature. The Utair jet struck the 1.1m bank of snow, located 32m before the runway, after arriving from ...
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NewsAir Baltic to resume non-EU flights
Latvian carrier Air Baltic is to begin restoring flights outside of the European Union, initially resuming services to the Ukraine capital Kiev.
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NewsJet2 to receive £200 million UK government loan
Jet2 is to access a loan of £200 million ($278 million) from the UK government’s Covid Corporate Financing Facility (CCFF).