News from FlightGlobal – Page 424
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NewsEl Al plans to cross Saudi airspace with 737 to reach UAE
El Al’s planned inaugural flight to the United Arab Emirates is being flightplanned to transit Saudi Arabian airspace, a route which would normally be off-limits to Israeli aircraft. The intended flightpath for the Tel Aviv-Abu Dhabi flight on 31 August would cross Jordanian airspace and then enter Saudi airspace at ...
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NewsComair receives binding offer as it finalises business plan
South African carrier Comair’s rescue practitioners have received a binding offer from the preferred investors for the company. As a result, the practitioners are seeking creditors’ consent for a further extension to the deadline to publish the business rescue plan for the operator. Comair, which operates as a British Airways ...
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NewsBerlin Brandenburg preps for 31 October opening following long, troubled slog
Flughafen Berlin Brandenburg (FBB), the operator of the long-delayed Berlin Brandenburg International airport, getting set for a 31 October opening, revealed details about festivities and the first arriving jets.
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NewsOmni 767 suffers gear collapse on landing at Bucharest
Investigators in Romania are set to probe the partial collapse of a Boeing 767-300ER’s main landing-gear shortly after the twinjet touched down at Bucharest Baneasa airport. Video images captured of the landing indicate a normal touchdown – some 700m from the threshold – as the aircraft arrived on runway 07 ...
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NewsUnited to furlough 2,850 pilots by end-2020
United Airlines will furlough 2,850 of its 13,000 pilots by the end of 2020 as passenger demand remains low and federal funding for airlines runs out in the coming weeks.
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NewsKenya Airways weighs cuts to ensure sustainable future
Kenya Airways is evaluating fleet, network and staff cuts to adapt to dramatic reductions in customer demand.
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NewsNew Chinese cargo airline approved to induct three Boeing 737s
Chinese cargo start-up Northwest International Cargo Airlines has been approved by the country’s civil aviation authority to introduce three Boeing 737 freighters to its fleet.
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NewsNorwegian keeps faith in slimmed down long-haul model
Restructuring low-cost carrier Norwegian aims to stick with a scaled-back version of its long-haul business when it moves out of the hibernation phase it has been in since the coronavirus crisis hit. While the airline continues to work on financial restructuring to secure its future – and today confirmed it ...
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NewsSchiphol Group to cut hundreds of jobs as airport traffic falls
Dutch airports operator Royal Schiphol Group expects to cut hundreds of jobs as the coronavirus crisis stymies demand for air travel.
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NewsIsraeli airport operator lists landmark El Al service to UAE
Israeli carrier El Al appears set to operate an initial service to the United Arab Emirates on 31 August, following the diplomatic agreement reached between the two sides. The Israeli and UAE governments disclosed the normalisation of diplomatic relations on 13 August, and stated that direct flights would be among ...
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NewsEl Al granted delivery deferral for final 787
Israeli flag-carrier El Al has been granted a deferral to the end of November for delivery of its final Boeing 787, after the air transport crisis interrupted its fleet renewal schedule. It has signed agreements for a $122 million financing of the 787-8 in February – based on a JOLCO ...
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NewsNorwegian warns more cash needed to survive crisis
Restructuring low-cost carrier Norwegian has warned it will require further financing next year to survive the winter as coronavirus-related travel restrictions continue to hamper the recovery in air travel
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NewsVistara starts London flights under ‘transport bubble’ arrangement
Indian carrier Vistara has commenced thrice-weekly flights between Delhi and London Heathrow under a bilateral “transport bubble” arrangement, and is in discussions to operate to other European countries. London Heathrow, which it will operate from 28 August to 30 September, will be the carrier’s first long-haul destination in its ...
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NewsVirgin Atlantic to serve Pakistan from London and Manchester
Virgin Atlantic will begin operating routes from London Heathrow to Lahore and Islamabad and from Manchester to Islamabad in December. The carrier is looking to take advantage of relatively resilient demand for visiting friends and relatives, and to take a slice of cargo trade between Pakistan and the UK. Pakistan ...
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NewsEl Al loss quadruples over first half
Israeli flag-carrier El Al’s first-half pre-tax loss has nearly quadrupled, to $270 million, compared with last year’s interim figure. El Al also posted a net loss of $244 million in contrast with the previous half-year deficit of $55 million. Its revenues for the six months to 30 June halved to ...
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NewsFiji Airways quashes insolvency rumours
Fiji Airways has rejected what it describes as injurious media speculation about its financial health. ”Fiji Airways is not insolvent by any definition of the word, whether you look at our cash flow or our balance sheet,” managing director and chief executive, Andre Viljoen said in a statement on 27 ...
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NewsAir New Zealand posts first loss in 18 years
Air New Zealand reported an NZ$87 million ($58 million) underlying loss for the financial year (FY) ended 30 June, as the Covid-19 pandemic swiftly changed its fortunes during the reporting period. “The 2020 financial year has been a year of stark contrast. Air New Zealand had a solid start to ...
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NewsAirAsia X posts record quarterly loss amid ongoing grounding
Beleaguered long-haul, low-cost carrier AirAsia X will remain grounded “in the near term”, as it trims its fleet and network amid a record operating loss. The carrier, which only operates international routes, is also looking to sell two Airbus A330 aircraft to raise cash, and negotiating the early return of ...
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NewsCzech carriers apply for protection to stabilise finances
Czech operator Smartwings Group has formally sought temporary creditor protection to buy time to achieve financial stability during the air transport downturn. Smartwings Group, which includes both Smartwings and Czech Airlines, says it has filed with a Prague court for an extraordinary moratorium. The temporary measure provides space to negotiate ...
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NewsAir Baltic half-year net loss grows sevenfold amid crisis
Latvian carrier Air Baltic generated a €185 million ($215 milion) net loss during the first six months 2020, representing a nearly sevenfold increase from a €26.6 million loss in the same period last year.