News from FlightGlobal – Page 438
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NewsKorean Air floats 2024 for finalisation of Asiana acquisition
Korean Air estimates that “all aspects” of its acquisition of Asiana Airlines will be finalised by 2024, as the flag carrier has “readjusted” its timeline for international regulatory approvals.
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NewsHainan’s creditors seek to claw back more CNY200 billion
More than 1,500 creditors are hoping to claim more than CNY201 billion ($36 billion) from Hainan Airlines, the embattled flagship airline unit of China’s HNA Group, as a creditors’ meeting draws nearer.
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NewsUnited expands flights to Latin America in May
United Airlines says that during the month of May it will exceed its pre-pandemic schedule to Latin America, 15 months after cutting service to the region as passenger demand plummeted amid the first wave of the coronavirus.
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NewsNorse Atlantic to take batch of 787s from AerCap
Norwegian long-haul start-up carrier Norse Atlantic Airways has signed to lease nine Boeing 787s from Irish-based lessor AerCap. The nine aircraft comprise six 787-9s and three 787-8s – all of which are used, and all of which are fitted with Rolls-Royce Trent 1000 engines. AerCap says it will start to ...
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NewsAirAsia sees recovery signs ahead after heavy 2020 loss
Low-cost carrier group AirAsia posted a net loss of MYR5.9 billion for 2020 as revenue slumped 74% and it was hammered by one-off costs during the pandemic-hit year.
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NewsUnited back at JFK, with Los Angeles and San Francisco flights
United Airlines is back at New York’s John F Kennedy International airport.
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NewsQatar Airways to serve 140 destinations this summer
Qatar Airways plans to rapidly expand its network for the summer season to over 1,200 weekly flights and 140 destinations as it ramps up capacity into what it hopes is the tail end of the pandemic.
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NewsASL’s UK cargo start-up launches services
ASL Aviation Holdings’ new UK cargo airline has carried out its first flight today after becoming the first fixed-wing carrier to secure an air operator certificate (AOC) from the UK CAA since Brexit.
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NewsSouthwest orders 100 737 Max 7s, takes 155 options
Southwest Airlines has ordered 100 Boeing 737 Max 7s, a deal that cements the manufacturer as Southwest’s long-term aircraft partner and throws enormous support behind the Max programme.
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NewsCarlyle to acquire aircraft lessor FLY Leasing
Carlyle Aviation Partners has agreed to acquire FLY Leasing in a deal valuing it at $2.36 billion.
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NewsKenya Airways domestic flights hit by move to counter third pandemic wave
Kenya Airways and its low-cost unit Jambo Jet will today suspend a string of domestic services following moves in the country to counter concerns over a third wave of the coronavirus.
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NewsThai eyes profitability from 2023, as potential delisting looms
Embattled Thai Airways has disclosed that it expects to become profitable again from 2023 and return to positive equity by 2030.
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NewsChinese airlines up domestic capacity from March-October
Chinese carriers will increase their domestic capacity for the summer and autumn schedules, by mounting extra flights and unveiling new domestic routes.
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NewsCivil aviation minister forecasts bleak 2020 results for Air India
Air India is forecast to widen its full-year net loss to Rs97.8 billion ($1.35 billion), even as the Indian government reiterated its support for the long-drawn divestment of the national carrier.
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NewsAAPA reports dismal February for international traffic
International air travel in the Asia-Pacific region remains extremely weak, although air cargo continues to prosper, says the Association of Asia Pacific Airlines (AAPA).
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NewsJetBlue appears to secure Heathrow slots from 2 August
JetBlue Airways appears to have secured 270 slots at London’s Heathrow airport for the summer travel season, as it launches low-cost transatlantic narrowbody service from the US East Coast.
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NewsLawmakers urge US to establish pre-clearance facility in Taiwan
A bipartisan group of US lawmakers are urging the US government to establish a pre-clearance immigration facility at Taiwan Taoyuan International airport.
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NewsSmartwings exits creditor protection after securing loan
Smartwings has signed a Kc2 billion ($90 million) loan agreement with a syndicate of banks under the the Czech Government’s Covid Plus support programme helping it to come out of a moratorium with creditors it has been in since the pandemic hit. The Kc2 billion loan with four banks is ...
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NewsIrish High Court approves Norwegian restructuring
Ireland’s High Court has approved Norwegian’s plan for financial reconstruction, leaving Norway to render a decision on the carrier’s proposal.
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NewsWHO and ICAO call for aircrew priority in vaccine rollout
The World Health Organization and International Civil Aviation Organization (ICAO) have joined forces with other UN bodies to urge that aircrew, along with seafarers, be given priority in vaccination rollouts.