News from FlightGlobal – Page 382
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NewsSingapore aviation institute calls for Southeast Asian travel bubbles
A Singapore aviation institute has called on the Association of Southeast Asian Nations (ASEAN) to consider a framework for Southeast Asian travel bubbles.
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NewsChina Airlines takes first 777F
China Airlines has taken delivery of its first Boeing 777 freighter, as it sets its sights on expanding its cargo business in the coming year.
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NewsRex receives green light for March 2021 737-800 launch
Australia’s Regional Express (Rex) has secured a permit from Australian authorities clearing it to commence Boeing 737-800 operations from March 2021. The High Capacity Air Operator’s Certificate (HCAOC) was granted by the Civil Aviation Safety Authority (CASA), allowing the Rex to use 737-800s on its existing network, says the airline. ...
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NewsUS Congress inches closer to second round of airline aid
Airline groups are rallying behind a broadly-supported bill that would benefit airline workers by extending financial aid to struggling US carriers.
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NewsTransat shareholders green light discounted sale to Air Canada
Shareholders of Transat AT, parent to leisure carrier Air Transat, have approved a plan under which Transat will be sold to Air Canada at a significant discount.
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NewsEtihad inaugurates Boeing 787-10 used as ecoDemonstrator
The Boeing 787-10 aircraft used for this year’s ecoDemonstrator programme has been inaugurated into Etihad’s fleet.
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NewsUral unveils crisis-driven losses for first nine months
Ural Airlines has revealed a pre-tax loss of RB4.5 billion ($61 million) for the first nine months of the year, as Russian air transport embarks on its recovery from the pandemic crisis. The figure, to 30 September, contrasts sharply with the previous year’s Rb3.4 billion profit for the same period. ...
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NewsSingapore to allow business travel with movement restrictions
Singapore will allow short-term business travel without quarantine, starting January, but with strict restrictions on travellers’ movements.
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NewsLessor DAE delivers 737 Max 8 to American Airlines
Lessor Dubai Aerospace Enterprise (DAE) has delivered a Boeing 737 Max 8 to American Airlines, the first of 18 737 Max 8s acquired under a sale & leaseback (SLB) deal. DAE adds that the SLB for the 18 aircraft took place during the third quarter, with the delivery of the ...
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NewsTransat warns of ability to remain ‘going concern’, eyes Air Canada lifeline
Transat AT, owner of Canadian leisure carrier Air Transat, has warned investors about its ability to remain in business “as a going concern” if a planned acquisition by Air Canada falls through.
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NewsFAA clears pilots to receive Pfizer vaccine
The Federal Aviation Administration is allowing pilots to receive Pfizer’s Covid-19 vaccine, so long as they wait 48h before returning to the cockpit.
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NewsCroatia Airlines to receive Kn600m through capital injection and loan
Participants in a Croatia Airlines extraordinary assembly have approved an increase in the airline’s share capital through the issue of new shares to the Croatian government. The decision was made during the assembly on 14 December. Under the measure 35 million ordinary shares will be issued, with a nominal value ...
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NewsAirAsia X plans stock issue to raise funds while cutting share capital
Long-haul budget carrier AirAsia X is planning to broaden the extent of a planned capital reduction, and raise additional funding through a new share issue. AirAsia X aims to raise RM300 million from current shareholders plus another RM200 million from new investors – a total of RM500 million ($123 million). ...
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NewsCorsair secures state aid as Intro and TUI sell stakes
The Europe Commission has approved €136.9 million ($166 million) in state aid for French leisure carrier Corsair.
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NewsVirgin Atlantic cancels launch of Delhi and Mumbai flights from Manchester
Virgin Atlantic has cancelled the launch of services between Manchester airport and the Indian cities of Delhi and Mumbai. “We are continuously reviewing our flying programme and in response to the ongoing impact of Covid-19 we have made the difficult decision to withdraw our Manchester to Delhi and Mumbai services, ...
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NewsAzores’ SATA faces extensive restructuring as financial aid ruled illegal
Azorean carrier SATA Air Acores is facing the prospect of substantial restructuring after European regulators declared that a previous government’s capital injections to the company amounted to illegal state aid. The Portuguese archipelago’s secretary for finance, Joaquim Bastos e Silva, has disclosed during a legislative assembly that nearly €73 million ...
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NewsProbe traces ATR terrain alert to wrong airport's weather data
Canadian investigators have traced an unexpected ground-proximity warning on a domestically-operated ATR 42-300 to an altimeter setting error triggered by an incorrect weather-data transmission. The First Air aircraft (C-GSRR) had been operating a service from Iqaluit to Pangnirtung on 9 December, according to Transportation Safety Board of Canada. While en ...
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NewsHSBC sees vaccine supporting Asia-Pacific air freight rates
HSBC expects vaccine distribution to support cargo rates at Asia-Pacific carriers in 2021, with Cathay Pacific, China Airlines, Korean Air, and China’s ‘big three’ to be the main beneficiaries.
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NewsAustralia, New Zealand to have another go at travel bubble
New Zealand and Australia could announce a travel bubble in early 2021, but plans are tempered by fears of a possible Covid-19 resurgence.
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NewsUS passenger airlines’ employment dips to lowest level in at least 30 years
Scheduled US passenger airlines cut almost 37,000 jobs in the one-month period ending mid-October, bringing that sector’s employment to the lowest level in at least 30 years, US government data shows.