News from FlightGlobal – Page 372
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HSBC slashes first-half outlook for Europe’s carriers
Prospects for Europe’s airlines in the first quarter of 2021 have deteriorated notably in recent weeks, but bank HSBC expects intra-European and possibly transatlantic passenger numbers to bounce back for the summer season.
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Virgin Australia shakes up management team under new chief
Virgin Australia has announced six appointments to its 10-member executive leadership team, under new chief executive Jayne Hrdlicka.
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Budget airline Pobeda proves resilient as Russian full-year traffic halves
Russian airlines’ passenger traffic halved over the course of last year, official figures from the federal air transport regulator show. Rosaviatsia states that overall traffic was down by 52% with passenger numbers down 46% to 69.2 million. But the fall was not indiscriminate across the Russian carriers. Aeroflot Group’s budget ...
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South Korea’s Eastar Jet files for court receivership: reports
South Korea’s Eastar Jet has filed for court receivership as a means to restructure, according to local media reports.
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Flybe Q400s to be converted into firefighters for Conair
Source: Conair Group Eleven Q400s, formerly with Flybe, are being transferred to Conair Source: Conair Group Eleven Q400s, formerly with Flybe, are being transferred to Conair
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China's 'Big Three' cap off 2020 with lower passenger traffic results
China’s three largest carriers reported year-on-year declines in their full-year traffic results for 2020 as the coronavirus outbreak impacted travel demand, particularly in their international networks.
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US airlines begin tapping into government aid
The US government has begun disbursing $15 billion in payroll assistance to airlines, which have been eagerly awaiting the financial relief ever since an earlier programme expired in September.
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US airlines gear up for potential trouble ahead of presidential inauguration
US airlines have adopted stricter safety policies on flights to and from the Washington, DC-area ahead of the presidential inauguration scheduled for 20 January.
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Airports call for further support as UK suspends travel corridor scheme
UK airports are calling for further government support to cover operating costs after the suspension of the country’s safe travel corridors programme as part of efforts to counter further strains of the coronavirus.
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Scottish court rejects appeal of Libyan convicted of bombing Pan Am 747
Lawyers for the only person convicted of the Pan Am Boeing 747-100 bombing over Scotland in 1988 have lost a long-running bid to appeal the judgement. Libyan citizen Abdelbaset Al-Megrahi was imprisoned for his role in the bombing of flight PA103, which resulted in 270 fatalities as it came down ...
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Wizz takes advantage of UAE-Israel ties to open Abu Dhabi-Tel Aviv
Wizz Air is the latest operator to take advantage of the political agreement between the United Arab Emirates and Israel, with plans to serve the Abu Dhabi-Tel Aviv route. The airline will open the connection on 12 February, through its new Middle Eastern division Wizz Air Abu Dhabi. This division, ...
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Flyers support mandatory vaccinations for international flights: Alan Joyce
Qantas chief executive Alan Joyce offers several rationales for Qantas’s plan to require all international passengers to be vaccinated against Covid-19, and states that the vast majority of passengers support the idea.
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Korean Air files Asiana acquisition with competition watchdog
Korean Air filed a business combination report with the Korea Fair Trade Commission (KFTC) on 14 January for its acquisition of Asiana Airlines.
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Delta Air Lines’ 2020 loss tops $12 billion in ‘toughest year’
Delta Air Lines reported a fourth-quarter net loss of $755 million as the carrier endured what the it calls “the toughest year in Delta’s history”.
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Aerospace leaders see clearing skies, eye post-Covid air travel boom
Things might get worse for the global aerospace industry before they get better. But the industry will recover, likely starting this year, thanks to vaccine distribution and pent-up demand for air travel.
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Air Canada to expand cargo business through 767 sale, leaseback
Air Canada is having two passenger Boeing 767-300ERs converted to freighters, and also selling the jets and leasing them back.
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Norwegian to exit long-haul market
Troubled low-cost carrier Norwegian is abandoning its long-haul network as it sets out a scaled-back business model focused on Norwegian domestic, regional Scandinavian, and key European services. “Our short-haul network has always been the backbone of Norwegian and will form the basis of a future resilient business model,” states chief ...
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EASA aims to reduce simulator dependency by crediting other training devices
Europe’s safety authority is aiming to reduce training dependency on full-flight simulators by implementing a classification system that enables selection of other flight-training devices that provide the appropriate level of capability. The matter is the subject of a European Union Aviation Safety Agency proposal which, it says, contains an “innovative” ...
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SIA issues $500 million dollar-denominated discount bonds
Singapore Airlines plans to issue $500 million of bonds at a discount to par.
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FAA warns passengers to behave onboard aircraft
The FAA is warning unruly passengers that it will not tolerate violent or harassing behaviour on board aircraft following numerous incidents on flights to and from Washington, DC last week.