News from FlightGlobal – Page 416
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NewsMC-21 deliveries to start ‘by the end’ of 2021: Russian industry minister
First deliveries of the Irkut MC-21 to launch operator Aeroflot will take place by the end of 2021, according to Russian trade and industry minister Denis Manturov. Manturov says the combination of sanctions on the country and, in particular, the coronavirus situation have forced a delay to the twinjet’s flight-test ...
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NewsMD-83 veered off Kiev runway after unstable approach and spoiler omission
Ukrainian investigators have determined that the crew of a Boeing MD-83 that veered off the runway at Kiev Zhulhany during a thunderstorm had chosen to continue an unstabilised approach, and failed to arm the aircraft’s spoilers before landing. The Bravo Airlines twinjet (UR-CPR) was following an ILS approach to runway ...
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NewsCDB Aviation agrees Max and Dreamliner SLBs with United Airlines
CDB Aviation has agreed to purchase and lease back 12 new aircraft from US carrier United Airlines. The transaction comprises two Boeing 787-9s and 10 737 Max 8s, a 22 September filing to the Hong Kong stock exchange shows. Source: United Airlines CDB Aviation’s sale and leaseback transaction ...
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NewsBeijing Daxing hits 10-million passenger mark, a year after opening
Passenger throughput at Beijing’s newest airport, Daxing International, hit the 10 million mark on 22 September, nearly a year since the facility commenced operations. The airport, which opened late September last year, adds that it expects total passenger throughput by the end of the year to be around 16 million ...
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NewsAmerican Airlines pilots to begin 737 Max training in November
American Airlines’ pilots will begin 737 Max “special training” in November in preparation for the jet’s return to service, with the company’s entire complement of 737 pilots expected to complete the reviews by January 2021.
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NewsVolaris shareholders vote in favour of capital increase
Mexican low-cost carrier Volaris has won shareholder approval to raise up to Ps3.5 billion ($164 million) in capital. The airline says it is “evaluating different financing alternatives” after shareholders approved the plan at an extraordinary general meeting on 18 September. Source: Airbus Options under consideration are a ...
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NewsTravel restrictions prompt Wizz to put St Petersburg launch on hold
Expanding Central European carrier Wizz AIr has been forced to put plans to launch its first Russian base on hold as a result of fresh travel restrictions.
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NewsCrisis diminishes cross-border merger prospects: IAG ex-chief Walsh
Former IAG chief executive Willie Walsh believes the prospects for greater cross-border merger freedom have receded in the wake of the air transport crisis, because governments are more likely to act to protect airlines. Speaking at a Eurocontrol event on 22 September, Walsh said he expected consolidation in the form ...
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NewsInternational air travel can only be revived by Covid-19 testing: IATA
A systematic pre-flight coronavirus testing regime for all international passengers is the only way to kick-start the airline sector’s recovery, according to IATA.
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NewsUS rule on early 777 fuel-tank inerting overrides foreign carriers’ objections
US safety regulators have adopted a controversial rule aimed at modifying early Boeing 777s to reduce the risk of a centre fuel-tank explosion, having dismissed multiple objections by foreign operators of the type. Part of a long-running FAA effort to reduce the risk of fuel-vapour explosion across a range of ...
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NewsRwandAir seeks to acquire freighter
The African carrier is “looking at acquiring a cargo freighter in the near future”, its chief executive Yvonne Makolo tells FlightGlobal.
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NewsTUI brings down winter capacity as short-term booking trend persists
Leisure company TUI Group has further cut its winter capacity, to around the 40% level, as it laments the uncertainty over travel restrictions to which it attributes a persistent trend for short-term bookings. TUI had stated in August that it was reducing capacity for the winter 2020-21 season by 40%. ...
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NewsRex taps private equity for $110m to launch domestic operations
Australia’s Regional Express is in “advanced exclusive negotiations” with PAG Asia Capital for up to A$150 million ($110 million) funding to support its plans for commencing domestic operations. Rex describes PAG as a leading Asia-Pacific-focused private investment firm and the parties inked a long-form term sheet on 21 September evening, ...
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NewsUS lawmakers propose additional $29bn in airline support for staff
Two US senators have introduced a bill that would provide airlines with another $28.8 billion in funds earmarked for employee expenses incurred through March 2021.
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NewsLufthansa to mothball entire A380 and A340-600 fleet
Lufthansa Group will put all of its Airbus A380s and 10 of its A340-600s into long-term storage, only to be reactivated in the event of an “unexpectedly rapid market recovery”, and will permanently remove the remainder of its A340-600 fleet from service.
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NewsNew York bankruptcy court green-lights LATAM’s revised financing proposal
LATAM Airlines’ revised debtor-in-possession financing proposal has been approved by a bankruptcy court in New York,
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NewsAirlines UK-commissioned study calls for reopening of US routes
Ongoing travel restrictions between the UK and the USA will negatively affect the former’s economy by £32 million ($41 million) a day by the beginning of October, but losses could be reduced and confidence restored if some markets between the two countries were allowed to reopen later this year, according to a new study carried out by York Aviation on behalf of Airlines UK.
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NewsState takes 14% of El Al as Knafaim is displaced as main shareholder
Israel’s government has taken a 14% shareholding in flag-carrier El Al, during a share offering which led to a change in its largest shareholder. Kanfei Nesharim Aviation has acquired a near-43% share of El Al after it picked up more than 585.6 million shares. Even at the minimum price for ...
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NewsNorway extends airline loan guarantee scheme until year-end
Norway is to set extend its aviation loan guarantee scheme until the end of the year in a move it hopes will make it more attractive to airlines.
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NewsCathay Dragon suspends KL after coronavirus cases on board
Cathay Dragon has been banned from operating flights to Kuala Lumpur for two weeks, after five passengers on board a recent flight tested positive for the coronavirus. The five passengers were on the Cathay Dragon flight from the Malaysian capital on 18 September. All of them were connecting passengers ...