News from FlightGlobal – Page 392
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NewsEl Al continues to reduce losses but recovery track remains uncertain
Israeli flag-carrier El Al has posted a $166 million net loss for the first half of 2021, a reduction on the interim loss of $244 million last year. Operating revenues for the six months to 30 June were 28% lower, totalling $339 million, while expenditure fell by 22% to $407 ...
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NewsIndian carriers see significant uptick in July domestic traffic
Indian carriers saw domestic traffic bounce back in July, after bottoming out in the middle of the year amid a lethal surge in coronavirus infections.
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NewsSouth Korean LCCs narrow losses as revenue picks up
South Korean low-cost carriers remained in the red during the second quarter, though losses narrowed on the back of revenue uptick.
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NewsQantas mandates vaccinations for all employees
Qantas Group is the latest carrier to make it mandatory for all employees to be vaccinated against the coronavirus.
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NewsAsiana’s Q2 operating profit declines amid higher fuel prices
Asiana Airlines saw its operating profit fall 17.5% to W94.9 billion ($81.1 million) in the second quarter, as higher fuel costs weighed on performance.
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NewsCommercial pilots warned Afghan airspace is ‘uncontrolled’
Commercial pilots are being warned that the status of aeronautical information services for Afghanistan is unknown while air traffic services remain unavailable in the country’s airspace. NOTAMs for the Kabul flight information region state that any transit through the airspace “will be uncontrolled” and that surrounding FIRs have been notified ...
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NewsLatvia to invest another €90m in Air Baltic, citing pandemic
Latvian lawmakers have agreed to grant government-owned Air Baltic another €90 million ($105 million) in equity for the purpose of alleviating pandemic-related losses and helping the airline recover.
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NewsSpiceJet targets October completion of logistics unit divestment
India’s SpiceJet expects to complete the divestment of its logistics platform SpiceXpress by 1 October, paving the way for the latter to commence operations as a separate entity.
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NewsChina’s ‘Big Three’ July traffic grows, despite rising Covid-19
A fresh wave of coronavirus infections in several parts of China in late-July failed to dampen domestic traffic growth for the country’s three largest carriers.
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NewsMalaysia proposes to approve Korean Air-Asiana merger
Malaysia’s aviation regulators have proposed to approve the merger between Korean Air and Asiana Airlines, noting that the move “would not infringe” local laws.
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NewsSIA Group sees July load factor drop amid capacity boost
Singapore Airlines Group reported a drop in passenger load factor for July, even as it flew more passengers in the month and significantly grew capacity.
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NewsSatellite imagery shows crowds, aircraft at Kabul airport
Satellite images have highlighted the chaotic situation at Kabul’s Hamid Karzai International airport on 16 August.
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NewsSpirit’s operational meltdown cost $50m; expects Q3 loss
Spirit Airlines has cut its third-quarter revenue expectations after cancelling thousands of flights due to weather and staffing issues.
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NewsAmpaire charges up UK ambitions after successful Scottish test campaign
California-based electric aircraft developer outlines future evaluations under government-backed Future Flight Challenge programmes.
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NewsEmirates cements partnership with South African regional Airlink
Emirates has expanded its co-operation with South African regional operator Airlink into a full codeshare partnership.
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NewsAlaska orders another 12 737 Max 9s
Alaska Airlines has ordered another 12 Boeing 737 Max 9s and taken 25 new purchase options – a deal handing another needed win to Boeing’s rebounding narrowbody programme.
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NewsBBAM lines up further A320/A321 freighter conversions with EFW
Lessor BBAM has struck a deal with with Airbus and ST Engineering’s joint German modification specialist EFW taking to 20 the number of A320/321 passenger-to-freighter conversions to be carried out through until 2025.
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NewsJazeera’s second quarter operating loss widens
Kuwait’s Jazeera Airways’ operating loss widened significantly in the second quarter to KD4.73 million ($15.7 million) as compared to KD1.87 million in the same period in 2020.
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NewsHelvetic receives fourth E195-E2 as carrier completes fleet renewal
Helvetic Airways has taken delivery of its fourth and final Embraer E195-E2 – and its 12th second-generation E-Jet - as the Swiss regional carrier concluded a fleet renewal programme begun in October 2019.
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NewsGerman state begins to reduce stake in Lufthansa
Germany’s Economic Stabilisation Fund (WSF) is to sell up to a quarter of the 20% stake it took in flag carrier Lufthansa as part of a state rescue package last summer.