News from FlightGlobal – Page 355
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NewsDelta to invest $1.2bn to bolster equity roles in Aeromexico, LATAM and Virgin Atlantic
Delta Air Lines is underpinning its partner airline strategy by investing a further $1.2 billion to retain significant equity stakes in Aeromexico, LATAM Airlines Group and Virgin Atlantic following their respective restructurings or recapitalisations.
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NewsRussian airlines and Airbus establish sustainable fuel alliance
Russian carriers including Aeroflot, S7 Group and Volga-Dnepr Airlines are to co-operate with Airbus and energy firm Gazprom to create an alliance to support development of sustainable aviation fuels. The Eurasian SAF Alliance aims to carry out the first biofuel-powered flight no later than 2024. Fuel specialist Gazprom Neft says ...
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NewsUK airlines call for lifting of ’haphazard and disproportionate’ travel restrictions
UK airline leaders have grouped together to call for the testing requirement of fully-vaccinated passengers to be dropped when the government reviews emergency measures brought into combat the spread of the Omicron variant.
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NewsAir France-KLM takes first step in state-loan repayment
Air France-KLM has taken a first step in repaying the €4 billion French state-backed bank loan it secured during the Covid crisis by redeeming €500 million of it.
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NewsVietJet swings to profitability in Q3 as costs decline
Low-cost carrier VietJet swung to the black for the third quarter of the year, amid a significant decline in costs.
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NewsSpiceJet plans foray into drone delivery services
Indian low-cost carrier SpiceJet has announced plans to use drones to deliver medical and other essential supplies to remote communities in the country.
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NewsCreditors object to Delta’s role in Aeromexico bankruptcy financing
Numerous creditors are objecting to Aeromexico’s restructuring plan, claiming the plan is marred by conflicts of interest involving parties including Delta Air Lines.
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NewsHeathrow passengers still under half of 2019 levels despite transatlantic lift
Heathrow Airport expects to handle around 45 million passengers next year, still only a little over half of pre-crisis levels as renewed travel restrictions relating to the Omicron strain of Covid-19 outweigh recent gains in the transatlantic market.
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NewsPerennial start-up Canada Jetlines now aims to launch in Q2 2022
Canada Jetlines, which has promised to launch a low-cost airline for years, is now setting its sights on beginning flights by the second quarter of 2022.
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NewsAir Transat cuts fiscal Q4 loss and ramps schedule
Transat AT, owner of Canadian leisure carrier Air Transat, says increased load factors helped reduce losses in the company’s fiscal fourth quarter, and that demand is set to rise as passenger confidence improves.
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NewsAirbus proposed 'wide range' of solutions to resolve Qatar A350 skin-paint row
Airbus insists Qatar Airways took the first legal steps in the bitter dispute over A350 skin-paint quality, and that the airframer still wants to find a solution despite responding with its own legal measures. Qatar Airways has been vocal over the deterioration of fuselage surface paint on the type, and ...
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NewsAmerican cuts summer 2022 international flying due to 787 delivery delays
American Airlines has reduced international flying next summer due to delayed deliveries of widebody Boeing 787 Dreamliners.
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NewsAirbus resorts to legal steps to resolve Qatar A350 skin-paint dispute
Airbus is to take legal steps in a bid to resolve a dispute over the surface paint quality on A350 twinjets, having been unable to settle the matter with Qatar Airways. Qatar Airways has been notably vocal about the issue of paint degradation on its A350 fleet, even taking steps ...
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NewsIATA joins African airline body in calling for Omicron travel bans to be rescinded
Global airline association IATA has urged governments to drop the travel bans implemented in response to the Omicron variant of Covid-19, citing World Health Organization advice on the issue.
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NewsS7 A321neo was only partially de-iced before in-flight upset
Russian investigators have disclosed that the Airbus A321neo involved in a serious in-flight upset after taking off from Magadan had been de-iced only on its wing surfaces and stabiliser. Federal air transport regulator Rosaviatsia states that the S7 Airlines aircraft was parked for two-and-a-half hours in heavy snowfall, leading to ...
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NewsParis and Amsterdam airport operators start untying cross-shareholding pact
Paris Charles de Gaulle and Amsterdam Schiphol airports’ operators have started unwinding their cross-participation share agreement, after opting not to extend it further. Groupe ADP and Royal Schiphol Group sealed the agreement in 2008, each company taking an 8% shareholding in the other. It reflected the combination of their main ...
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NewsAllegiant sees Mexico as a “green field”: CEO
A week after Mexican ultra-low-cost carrier Viva Aerobus and Allegiant Air applied to the US Department of Transportation (DOT) for a transborder commercial alliance, the US discount carrier’s chief executive Maurice Gallagher says Mexico is a “green field” that holds many possibilities for the airline.
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NewsSouthwest predicts it will be profitable in Q4 and 2022
Southwest Airlines now expects its fourth quarter financial results will be better than previously anticipated, and predicts it will turn profits in the period and in 2022.
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NewsGovernments using aviation to ‘transmit Omicron fear’: IATA chief
The director general of global airline association IATA has accused governments of unfairly “hammering” the airline industry by introducing travel restrictions in response to the Omicron variant of Covid-19.
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NewsAir Belgium recruiting pilots as it branches into 747-8F operations
Air Belgium appears to be preparing to expand its cargo operations to the introduction of Boeing 747-8 freighters, according to a recruitment advertisement from the carrier. The airline has newly issued, through an official social media channel, an invitation for captains and first officers qualified on 747-400s and 747-8s to ...