News from FlightGlobal – Page 368
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NewsQantas, BP in SAF, emission reduction partnership
Qantas and fuel giant BP will explore carbon emission reductions and sustainable aviation fuel development.
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NewsCathay Pacific to raise $869m from convertible bonds due 2026
Cathay Pacific is issuing HK$6.74 billion ($869 million), 2.75% guaranteed convertible bonds due 2026.
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NewsAir New Zealand backs Wellington’s biofuel mandate
Flag carrier Air New Zealand is backing the government’s in-principle decision to implement a biofuels mandate aimed at reducing carbon emissions in the transport sector, as part of the country’s goal to reach net-zero carbon emissions by 2050.
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NewsIATA urges states to back airlines as outlook darkens
Trade body IATA is warning states will have to dig deeper over the coming months to support struggling airlines as travel restrictions continue to tighten in response to new strains of the Covid virus.
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NewsUkraine seeks to ban overflights by Pobeda and other Russian carriers
Ukraine’s government has approved a proposal to sanction 13 Russian companies, including several airlines which will face a three-year ban on overflying Ukrainian territory. The measure is continuing evidence of the political tensions between the two countries whose relationship deteriorated after the Russian annexation of Crimea nearly seven years ago. ...
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NewsAir Transat cancels all flights to and from Toronto
Canada’s Air Transat, the country’s third largest passenger carrier, has suspended all flights from Toronto for the rest of the winter season citing new travel restrictions that make conducting normal operations almost impossible.
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NewsUK regulator clears 737 Max for flight
UK regulators have, as expected, approved the Boeing 737 Max for return to service, publishing a separate airworthiness directive to the European Union Aviation Safety Agency. This separate publication follows the UK’s exit from EASA membership as it completed its withdrawal from the European Union on 1 January. But the ...
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NewsNorwegian start-up Flyr plans 1 June launch
Flyr intends to operate its first services at the start of June using Boeing 737 aircraft, as the start-up seeks to become a new low-cost carrier for the Norwegian market.
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NewsNorwegian to refocus on routes with proven profitability
Norwegian plans to focus on core connections that have “historical profitability” as it transitions to becoming a conventional low-cost short-haul operator.
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NewsEASA yet to approve 737 Max for certain precision approaches
Operators of the Boeing 737 Max in Europe will be prohibited from conducting certain precision approaches until regulators are satisfied that the aircraft can maintain the necessary performance under specific failure conditions. While the European Union Aviation Safety Agency has cleared the 737 Max to return to service, it has ...
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NewsCanada’s Flair Airlines to operate 13 Boeing 737 Max 8s
Canadian discount carrier Flair Airlines will lease 13 new Boeing 737 Max 8s from Miami-based private equity company 777 Partners, with deliveries starting in “early 2021”.
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NewsUK airline leaders call for support and exit plan as borders tighten
The chief executives of several UK airlines have issued a joint call for the country’s government to outline an “urgent roadmap” for the reopening of air travel, while at the same time demanding an aviation support package “that recognises the urgency and scale of the danger now facing our sector”.
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NewsEASA formally clears 737 Max to resume operations
Europe’s air safety authority has formally cleared the Boeing 737 Max to return to service with the publishing of a finalised airworthiness directive. The European Union Aviation Safety Agency published the document on 27 January, following a consultation period which closed on 22 December last year. EASA executive director Patrick ...
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NewsChina expects no rise in Lunar New Year traffic amid pandemic resurgence
China estimates that around 39 million passengers will fly during the Lunar New Year period — about the same figure as 2020 — as the country faces a resurgence in coronavirus cases.
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NewsThai mulls further extension to rehabilitation plan submission
Thai Airways International is considering another extension on the deadline to submit its restructuring plan, this time until the end of February or beginning of March.
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NewsPIA to settle out of court $2m dispute on AerCap leases
Pakistan International Airlines (PIA) is in talks to settle out of court $2 million in outstanding aircraft lease payments in relation to two Boeing 777s managed by AerCap.
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NewsNok Air issues RFP for deliveries through 2026: sources
Nok Air has issued a request for proposals for the operating lease of up to 26 aircraft to be delivered between this year and 2026, according to a document seen by Cirium dated 21 January.
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NewsHawaiian Airlines posts Q4 loss as travel restrictions remain
Hawaiian Airlines reported a fourth-quarter loss of $172.8 million as the ongoing global coronavirus crisis and ensuing strict travel restrictions in its home state continue to create hardship for the business.
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NewsAeromexico and LATAM seek to codeshare on US flights
Aeromexico and LATAM Airlines Group have agreed to a codesharing partnership under which Aeromexico’s flights to the USA will carry LATAM flight codes.
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NewsAlaska posts $316mn Q4 loss, sees mixed bag for 2021
Alaska Air Group lost $316 million in the fourth quarter of 2020, and is preparing for a mixed bag in the current year as the coronavirus crisis drags on.