News from FlightGlobal – Page 428
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NewsCourt sets additional hearing dates for Thai Airways rehab
Thailand’s Central Bankruptcy Court has set two additional hearing dates to decide whether the country’s flag carrier should be granted its request for business rehabilitation. After its much-anticipated first day in court on 17 August, Thai Airways said in a same-day filing to the Stock Exchange of Thailand that the ...
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NewsVolga-Dnepr takes delivery of first 777F
Volga-Dnepr Group has received its first Boeing 777 Freighter, delivered under a sale and leaseback deal with Dubai Aerospace Enterprise (DAE). The aircraft will be operated by Volga-Dnepr unit AirBridgeCargo, says Boeing. “We are delighted to welcome Volga-Dnepr Group as our newest customer as they introduce the 777 Freighter to ...
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NewsAirports trade group advocates for testing instead of quarantines
An international trade group representing airports is the latest organisation to call for widespread coronavirus testing to replace current quarantine measures in order to encourage passengers to begin travelling again.
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NewsEasyJet confirms axing of three UK bases
Low-cost carrier EasyJet is to close its bases at the London airports of Stansted and Southend, as well as Newcastle, as cuts its UK network to counter lower levels of demand.
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NewsRyanair cuts 20% of Sept-Oct capacity as restrictions hit demand
Low-cost carrier Ryanair has reduced its planned capacity for September and October by 20% as demand for intra-European travel weakens amid government-imposed restrictions.
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NewsThai tourism travails clobber Bangkok Airways earnings
Bangkok Airways has followed other major Thai airlines by reporting a massive operating loss in its second quarter, with the carrier particularly hard hit by the collapse in international visitors. Operating losses for the three months ended 30 June ballooned to Bt2.6 billion ($83 million) from an operating loss of ...
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NewsT’way Air sinks deeper into the red without international network
T’way Air reported a W85.1 billion ($72 million) net loss for the first half of 2020, as Covid-19 all but wiped out its international network in the second quarter. Sales revenue at the South Korean low-cost carrier declined by 56% to W174 billion for the January to June period, and ...
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NewsTransit passengers lift Cathay July traffic figures
Cathay Pacific, which recently reported a record first half operating loss, carried a significantly higher number of passengers for July, as transit passengers lifted passenger volume for the month. Together with its regional arm Cathay Dragon, the carrier carried nearly 43,000 passengers in July, a 58.5% month on month ...
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NewsCovid-19 travel restrictions bog down Fiji Airways
Fiji seems unlikely to resume international air travel soon, especially as its national carrier cancelled scheduled international passenger service through the end of September. “This is due to ongoing border closures and travel restrictions as a consequence of the Covid-19 pandemic,” Fiji Airways said in a 12 August statement. The ...
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NewsEl Al chairman resigns for medical reasons
Israeli flag-carrier El Al’s chairman, Eli Defes, has stepped down from his post for medical reasons. El Al states that his decision is effective immediately. Defes took up the position of chairman at the beginning of June 2017, having been a director of the airline since November 2015. The carrier ...
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NewsCockpit union proposals fail to avert Jet2 pilot cuts
Cockpit union efforts to dissuade UK holiday carrier Jet2 from shedding over 100 pilots across its various bases appear to have failed. Jet2 had warned a few weeks ago that it was looking at cutting pilot numbers after reducing its activity in the face of the air transport downturn. Pilot ...
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NewsConcerns emerge as air-data incidents follow revival of stored aircraft
European safety authorities are warning of a spate of incidents linked to contamination of pitot-static ports as aircraft are returned to service following temporary storage. Thousands of aircraft have been parked for extended periods as a result of the air transport crisis, but the European Union Aviation Safety Agency believes ...
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NewsKhona returns to head Indian carrier GoAir as Dube leaves
Former Jet Airways chief executive Vinay Dube is to leave Indian low-cost carrier GoAir after just six months, to be replaced by the carrier’s former boss Kaushik Khona.
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NewsClark stresses bailout urgency as Emirates passenger flights increase
Emirates passenger flights now account for approximately half the airline’s daily frequencies but a bailout from owner the Dubai government will be needed “sooner rather than later”, says airline president Tim Clark.
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NewsQatar Airways returns to London Gatwick
Qatar Airways will resume daily flights to London Gatwick on 20 August, expanding its UK network to include four airports. The Doha-based Oneworld carrier will deploy a Boeing 787 on the Gatwick route, configured with 22 business-class seats and 232 in the economy cabin. With the resumption of Gatwick service, ...
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NewsSAS obtains government backing after rejigging recapitalisation
Scandinavian operator SAS has obtained support from the Swedish and Danish governments, as well as its third major shareholder, for a revision to its recapitalisation plan. The plan was originally disclosed on 30 June and covered SKr14.25 billion of equity. SAS says the revision focuses on specific financial details including ...
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NewsA321neo sales lift proceeds of EasyJet leaseback scheme
Budget carrier EasyJet has carried out the sale-and-leaseback of five Airbus A321neo jets, concluding a programme of such transactions covering a total of 23 aircraft. The five A321neos – ranging from five to nine months in age – have been sold to Bocomm Leasing, a division of the Chinese Bank ...
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NewsNokScoot woes drag Nok Air deeper into red
Thai low-cost carrier Nok Air saw a staggering increase in its first-quarter losses, led mostly by trouble at its now-shuttered long-haul subsidiary NokScoot. Nok, which recently took a similar path as compatriot Thai Airways to file for business rehabilitation, reported an operating loss of Bt4.4 billion ($141 million) for the ...
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NewsTroubled Thai sees operating loss more than double
Thai Airways International, which recently entered court-supervised business rehabilitation amid longstanding financial woes, plunged deeper into the red in its half-yearly financial results. For the six months ended 30 June, the Star Alliance carrier reported an operating loss of Bt18.3 billion ($590 million), widening the Bt7.9 billion operating loss it ...
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NewsNeste delivers sustainable aviation fuel in San Francisco
Finnish renewable fuels producer Neste has begun supplying three of the United States’ largest airlines with sustainable aviation fuels (SAF) for flights from San Francisco International airport.