News from FlightGlobal – Page 397
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NewsUS business travel could hit 80% of 2019 levels by end-2022, pandemic effects could last longer: report
US corporations’ travel spending will likely inch up to 25-35% of 2019 levels by the end of 2021 and up to 80% by the end of 2022 – though full recovery depends on how significantly the pandemic changed corporations’ view of business travel.
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NewsSpirit cancels half of its scheduled flights
For the third day in a row, Spirit Airlines has cancelled hundreds of flights due to what it calls “operational challenges”.
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NewsDHL Express orders fleet of Eviation all-electric Alice aircraft for cargo feed
Logistics specialist DHL Express is venturing into electric air transport by ordering a dozen Eviation Alice aircraft for freight operations. DHL Express expects to take delivery of the first of the 12 aircraft in 2024. Eviation conceived the Alice as a nine-seat commuter model. But DHL Express head of global ...
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NewsIndia’s ‘Warren Buffett’ plans airline foray
Indian billionaire Rakesh Jhunjhunwala says he plans to start a new carrier called Akasa Air.
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NewsJapan Airlines narrows first-quarter loss
Japan Airlines narrowed its first-quarter loss on the back of rising revenue, warning that it is “difficult to reasonably foresee” the timing and nature of the sector’s recovery.
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NewsBluebird Nordic to treble 737 capacity with ambitious freighter fleet expansion
Icelandic freight operator Bluebird Nordic is to treble its capacity under an expansion plan which involves taking 25 Boeing 737-800s over the next three years. The airline operates older-variant 737 freighters – comprising seven 737-400s and a single -300 – but will take its fleet to around 33 jets by ...
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NewsAeroflot slashes interim losses as domestic recovery lifts performance
Aeroflot Group managed to cut net losses by 38% over the first half, to Rb26.3 billion ($361 million) under Russian accounting standards. The company’s second quarter showed a “significant improvement”, it states, with a net loss of Rb1.4 billion in contrast to the figure of over Rb26 billion for the ...
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NewsQantas furloughs staff, warns of ‘extended period of reduced flying’
Qantas and its low-cost Jetstar unit will furlough 2,500 employees for two months, owing to a capacity collapse stemming from domestic travel restrictions.
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NewsVietJet increases net profit in first half of 2021
VietJet Aviation increased its net profit for the January-June half-year period, despite a spike in Covid-19 infections in Vietnam that began at the end of April and caused Q2 profit to plummet compared with the first three months of the year.
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NewsUS export bank backs Turkish Airlines’ $833m purchase of Boeing jets
The USA’s export-credit agency has agreed to guarantee $833 million in financing for the acquisition by Turkish Airlines of an undisclosed number of Boeing 737 Max and 787s.
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NewsSpirit delays or cancels almost 1,000 flights
In the latest disruption to passenger air travel across the USA, Spirit Airlines has been forced to cancel more than one-third of its flights in the past two days.
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NewsBrazil’s Azul inks $1b deal with Lilium
Brazil’s Azul has signed a commercial deal with German electric aviation startup Lilium worth up to $1 billion.
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NewsRwandAir and Qatar Airways deepen partnership with interline agreement
Deal will give travellers access to more than “160 destinations in the combined networks” from the carriers’ respective Kigali and Doha hubs.
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NewsEl Al in talks with ministry to push back share issue
Israeli flag-carrier El Al is seeing to defer plans to raise additional capital through a share issue. The airline has been preparing to issue new shares or options to generate $105 million as part of a support scheme El Al’s share scheme was one of the conditions attached to a ...
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NewsFlight numbers in Europe exceeded best-case scenario in July: Eurocontrol
Air traffic in European airspace exceeded Eurocontrol’s “optimistic” scenario in July, with flight numbers at 65% of 2019 levels.
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NewsAustralia extends financial relief for airlines
The Australian government has extended financial assistance measures yet again for domestic carriers, amid a coronavirus resurgence that has sent several states into prolonged lockdowns.
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NewsLong-haul start-up Norse Atlantic signs for more 787s
Scandinavian start-up Norse Atlantic is to lease six more Boeing 787-9s from the end of this year, which will take its fleet of 787s to 15. The aircraft will be introduced from December under a lease agreement with BOC Aviation. Norse Atlantic says the leases on the twinjets, around 16 ...
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NewsGaruda swings to first-quarter loss as revenue halves
Garuda Indonesia was in the red for the first quarter of the year, as declining revenue outpaced a reduction in costs amid less flying during the pandemic.
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NewsColombia’s Salazar steps into ICAO leadership role
Colombia’s Juan Carlos Salazar has commenced his mandate as the secretary-general of ICAO.
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NewsLion Air Group puts 8,000 employees on furlough amid steep capacity plunge
Indonesia’s Lion Air Group will put around 8,000 staff — or about 25-35% of its 23,000 employees — on furlough, as its operations have taken a severe hit amid the coronavirus pandemic.