News from FlightGlobal – Page 412
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NewsAmerican’s cancellation issues stem from pilot scarcity: Union
American Airlines’ cancellation of hundreds of flights in the past few days stems primarily due to a lack of trained and current pilots, union officials say.
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NewsVietnam Airlines to get D4 trillion in loans: reports
Debt-ridden Vietnam Airlines is expected to receive loans totalling D4 trillion ($174 million) from three Vietnamese banks, according to state media reports.
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NewsCaribbean Airlines cuts staff, fleet as it restructures for a post-Covid world
Caribbean Airlines plans to shed 25% of its staff or 450 employees and store aircraft as it pursues a restructuring strategy in the wake of the devastating coronavirus crisis.
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NewsCanada ends 14-day quarantine for vaccinated citizens and residents
Canada will begin to ease travel restrictions for travellers vaccinated against Covid-19 beginning on 5 July, but has yet to present a comprehensive re-opening plan following the global pandemic.
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NewsUS airline industry calls for swift prosecution of belligerent passengers
US airline trade groups have called upon the government to quickly and uniformly prosecute passengers who are accused of unruly behaviour, and are increasingly creating a safety hazard on flights.
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NewsAmerican cancels hundreds of flights through July
American Airlines is cancelling hundreds of flights through July due to staffing shortages and anticipated bad weather.
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NewsHat-trick of new cargo airlines plan for take-off
The past week has seen three new companies – in the UK, Italy and Vietnam – reveal plans to enter the all-cargo market as prices and availability of capacity make the market an attractive prospect.
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NewsWizz Air expects to exceed pre-Covid capacity this summer
Pan-European low-cost operator Wizz Air expects to exceed its pre-crisis capacity in the upcoming peak summer period.
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NewsAir France-KLM expects 60-65% summer capacity amid long-haul uncertainty
Air France-KLM is seeing demand return for intra-European travel this summer amid the unlocking of travel restrictions across the region, but uncertainty persists for the group’s key long-haul operations.
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NewsNorwegian names new chief executive after voting to end Schram’s tenure
Scandinavian budget carrier Norwegian has named Geir Karlsen, the airline’s chief financial officer, as its new chief executive with immediate effect. The airline’s board voted on 20 June to end the tenure of previous chief Jacob Schram, who was appointed little more than 18 months ago as the beleaguered carrier ...
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NewsTemasek shores up SIA convertible bond issue
Singapore sovereign wealth fund Temasek Holdings has provided strong support to a recent fund raising exercise by the Singapore Airlines Group.
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NewsJAL conducts flight with two types of Japan-made SAF
Japan Airlines operated its first commercial flight loaded with two different types of Japan-made sustainable aviation fuel (SAF) on 17 June.
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NewsHold-up to AOC forces start-up Green Africa to postpone initial flights
Nigerian start-up carrier Green Africa Airways has been forced to postpone initial services, after a delay to its air operator’s certificate. The Lagos-based regional operator had been aiming to commence flights on 24 June across a network of seven domestic destinations using ATR turboprops. But while it has been in ...
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NewsCathay Pacific expects half-yearly losses to narrow
Embattled Cathay Pacific struck a cautiously optimistic tone in its outlook for the rest of the year, anticipating a narrowed half-yearly loss and the gradual reinstatement of capacity in the coming months.
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NewsHSBC upgrades European low-cost carriers as restart gathers pace
The easing of border restrictions across Europe has led HSBC to upgrade its ratings for the major European low-cost carriers, in the expectation that the positive newsflow will rapidly increase earnings over the coming year.
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NewsGaruda Indonesia suspends payment under $500 million sukuk
Garuda Indonesia has deferred payment of a periodic distribution on its $500 million sukuk trust certificate after a two-week grace period lapsed on 17 June.
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NewsVistara eyes growth as India’s second Covid-19 wave eases
As Indian carrier Vistara emerges from the country’s devastating second wave of Covid-19, it remains focused on long-term growth.
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NewsANA Group to use SAF on Tokyo flights from July
ANA Group will use sustainable aviation fuel (SAF) on flights departing from Haneda and Narita, starting July.
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NewsStay on AirAsia X’s creditors extended by nine months
AirAsia X has been granted by the High Court of Malaya a nine-month extension of a restraining order on creditors.
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NewsAir NZ defers 787 deliveries, forecasts record full-year loss
Air New Zealand will delay taking delivery of more Boeing 787s for at least a year, as the carrier expects to plunge deeper into the red for its full-year financial results.