News from FlightGlobal – Page 394
-
News
SIA boosts liquidity with S$850 million bond issue
Singapore Airlines (SIA) has successfully raised S$850 million ($630 million) through a convertible bond issue.
-
News
Air New Zealand names new finance chief
Air New Zealand has appointed its former senior executive Richard Thomson as its next chief financial officer.
-
News
JetBlue will stop blocking middle seats in January
JetBlue Airways is the latest US carrier to announce plans to unblock middle seats, citing research showing passengers face a low risk of catching coronavirus on an aircraft.
-
News
American eyes 737 Max delivery deferrals
American Airlines expects to defer Boeing 737 Max deliveries in the coming years but still anticipates acquiring some new Max from Boeing this year.
-
News
IATA calls on Latin American countries to lower travel barriers
Aviation trade group IATA is calling on Caribbean and Latin American governments to implement more coronavirus testing, reduce taxes and quit restrictive quarantine requirements in order to kick-start travel as carriers prepare for a high season beginning with end-of-year holidays.
-
News
US airlines expect nearly 40% Thanksgiving air travel slump
US airlines trade group Airlines for America (A4A) expects 39% fewer passengers during this year’s Thanksgiving holiday period which will be characterized by markedly different travel patterns as the country is experiencing a widespread third wave of coronavirus infections.
-
News
Post-storage A321 aborted take-off over pitot blockage
Wizz Air UK has revised its return-to-service processes after an Airbus A321, whose crew aborted take-off at high speed, was found to have a pitot probe blocked by insect activity. The aircraft (G-WUKJ) had reached 120kt – the V1 decision speed – during its departure roll from runway 20 at ...
-
News
South Africa’s Airlink underlines independence with new livery
South African carrier Airlink has unveiled a new livery to mark its move to standalone operations.
-
News
Cargolux looking ‘very closely’ at 777-300ER freighter conversion
Cargolux is examining the Boeing 777-300ER freighter conversion as a potential candidate to meet its future fleet requirements, according to the airline’s chief executive Richard Forson.
-
News
KLM keeps focus on retaining destinations despite capacity cuts
Dutch carrier KLM now expects to operate around 40% of its pre-crisis levels of capacity on European routes over the coming months as a result of fresh travel restrictions imposed to counter the coronavirus. It expects to serve around 90-95% of the European destinations it flew to pre-crisis. The majority ...
-
News
El Al cull continues with departure of chief financial officer
Israeli flag-carrier El Al’s chief financial officer, Dganit Palti, is to step down before the end of this year. Palti’s departure will mark another high-profile change in the wake of the ownership shake-up at the carrier. El Al undertook a share issue in September, as part of a financial rescue ...
-
News
Pandemic drives Emirates to its first half-year loss
Emirates Group posted a loss of Dh14 billion ($3.8 billion) for the six months ended 30 September as revenues slumped 74% during the first half of its pandemic-hit financial year.
-
News
Lessor Global Knafaim bids to re-enter Israir auction after revising offer
Israeli aircraft lessor Global Knafaim Leasing has submitted a revised offer for leisure airline Israir, having initially failed to advance to the next stage of the bidding process. It has outlined a 107 million ($31.6 million) shekel proposal comprising 35 million shekels in cash and 72 million shekels representing a ...
-
News
Thai Airways’ operating losses deepen in Q3
Thai Airways International’s losses deepened and revenues plummeted in the third quarter ended 30 September as the impact of the Covid-19 pandemic on its operations continued to be felt.
-
News
Chinese carriers poised to recapture international travel market share: HSBC report
With many of their foreign competitors in the doldrums amid a pandemic-led downturn, China’s three largest carriers — having already experienced a steady domestic recovery — are well-placed to recapture market share in the international air travel market.
-
News
SpiceJet Q2 losses narrow on cargo revenue growth
A steady increase in cargo revenue helped Indian low-cost carrier SpiceJet narrow its quarterly operating loss, even as passenger travel demand remains in the doldrums amid the coronavirus pandemic.
-
News
SMBC Aviation Capital sues Garuda over unpaid rent
SMBC Aviation Capital has joined the list of lessors that are suing Garuda Indonesia over unpaid aircraft lease rentals.
-
News
New Zealand 787 engine inquiries closed after Rolls-Royce blade fix
New Zealand investigators have closed an inquiry into two incidents involving engine problems on Rolls-Royce-powered Boeing 787-9s operated by Air New Zealand. The country’s Transport Accident Investigation Commission states that the incidents involved fracture of intermediate-pressure turbine blades on Trent 1000 powerplants. Deterioration of these blades was one of several ...
-
News
Lufthansa reaches savings deal with ground staff for 2021
Lufthansa has reached a preliminary €200 million ($237 million) savings deal with the Verdi union which provides employment protection for ground staff next year in return for concessions.
-
News
Variety of Covid-19 entry requirements baffles US travellers
US airline customers tend to get confused about region-by-region and state-by-state Covid-19 entry requirements when searching for flights to leisure destinations, often leading them to take the path of least resistance and book flights to Florida beaches, American Airlines’ chief revenue officer Vasu Raja has observed.