News from FlightGlobal – Page 425
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NewsQantas’ international restart faces fresh delays
Qantas has pushed back a planned resumption of international flights, following indications from the Australian government that the country’s borders will only reopen in 2022.
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NewsThailand’s third wave complicates restructuring plans
Two major Thai airlines, Thai Airways International and Nok Air, are at different stages of putting together business reorganisation plans outlining how they will restructure their businesses under court protection and emerge stronger from the Covid-19 pandemic.
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NewsUS lawmakers aim to prevent cut-rate airlines from operating to the US
The US House of Representatives has introduced a bill that would prevent cut-rate airlines which have been established under “flags of convenience” to operate in the US.
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NewsCanada to invest an additional C$700m in airport infrastructure
Canada has set aside C$700 million ($579 million) to support the country’s airport infrastructure as it recovers from the coronavirus pandemic.
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NewsFull impact of US pipeline shutdown still unclear, American reroutes two flights
At least one US airline has rerouted flights after a cyber-attack forced the shutdown of a pipeline system that provides nearly half the fuel consumed in the eastern USA.
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NewsGreen Africa unveils initial batch of Nigerian domestic destinations
Nigerian start-up carrier Green Africa Airways has unveiled an initial route network on which to commence operations. The network focuses on its Lagos base and comprises six domestic destinations, including the capital Abuja and Port Harcourt. Green Africa also says it will operate to Akure, Ilorin, Enugu and Owerri, cities ...
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NewsHeathrow urges USA to be added to ‘green list’ as traffic down 92% in April
London Heathrow airport’s operator is calling for the USA to be opened up for restriction-free travel to the UK after disclosing April passenger numbers that were down by more than 90% on pre-crisis levels.
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NewsCroatia Airlines trims losses but first-quarter bookings remain weak
Croatia Airlines has managed to reduce first-quarter operating losses to Kn86.2 million ($13.9 million) compared with the previous figure of Kn95.7 million. Its revenues for the period more than halved to Kn113.6 million. The company says the beginning of the year has been “weaker than expected”, with travel reservations still ...
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NewsLuxair expecting gradual summer recovery after heavy full-year losses
Luxair is expecting a gradual resumption of activities for the summer season, but has revealed the effect of the crisis on its financial performance with a full-year operating loss of nearly €160 million ($194 million). The company recorded a 57% fall in revenues to €263 million. Operating losses for the ...
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NewsIndiGo’s board approves Rs30 billion local equity fundraising
Indian low-cost carrier IndiGo’s board has approved an equity fundraising of up to Rs30 billion ($408 million).
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NewsCebu Pacific first quarter loss widens to Ps6.8 billion
Philippine low-cost carrier Cebu Pacific Air saw its first quarter operating loss balloon to Ps6.8 billion ($124 million) from P692 million a year earlier.
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NewsJazeera and Air Arabia experience contrasting first-quarter fortunes
Kuwaiti budget carrier Jazeera Airways has turned in a first-quarter loss while Sharjah low-cost operator Air Arabia managed to achieve a net profit in the same period. Jazeera Airways is proposing a rights issue of KD10 million ($33 million) to improve its liquidity position, after posting a net loss of ...
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NewsUnions squabble over contract for Canadian cargo pilots
Canada’s Unifor union has sharply criticised US-based pilot union Air Line Pilots Association, International (ALPA) for “interference” in pilot-contract negotiations with cargo and charter carrier Cargojet.
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NewsEl Al financing agreement with Israeli state clears final hurdle
Israeli flag-carrier El Al’s financing agreement with the state has entered into effect, after the final condition – a government approval on the main points of the deal – was met. Several conditions had been outlined when the agreement was detailed in March, among them approval from the boards of ...
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NewsRex eyes breakeven by July amid ‘uneven’ regional demand recovery
Australia’s Regional Express (Rex) is hopeful it will break even by July this year, even as it acknowledges that its regional operations are loss-making “at current demand levels”.
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NewsBreeze backtracks on recruiting college students as flight attendants
Breeze Airways, the new low-cost startup airline founded by entrepreneur David Neeleman, is backtracking on a plan to hire only university students to work as flight attendants after coming under fire for the programme last week.
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News‘Not worth commenting on’: IATA chief Walsh slams UK travel restart plan
The UK’s announcement of countries to which non-essential travel can resume from 17 May has been given short shrift by IATA director general Willie Walsh.
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NewsUK gives green light for travel to 12 countries including Israel and Portugal
The UK government has named Israel, Portugal and Gibraltar among 12 countries on its ‘green list’ of destinations for the resumption of non-essential international travel on 17 May.
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NewsAir Canada loses C$1.3bn in Q1; calls on government to end restrictions
Air Canada continues to haemorrhage cash as the airline’s home country keeps its air carriers in the dark about a time-line for easing strict restrictions that are hindering them from returning to a pre-coronavirus normal.
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NewsJAL to acquire Spring Airlines Japan as subsidiary
Japan Airlines will acquire Spring Airlines Japan to become a consolidated subsidiary, as part of a move to streamline its low-cost units and tap into future growth potential.