News from FlightGlobal – Page 461
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NewsThai mulls further extension to rehabilitation plan submission
Thai Airways International is considering another extension on the deadline to submit its restructuring plan, this time until the end of February or beginning of March.
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NewsPIA to settle out of court $2m dispute on AerCap leases
Pakistan International Airlines (PIA) is in talks to settle out of court $2 million in outstanding aircraft lease payments in relation to two Boeing 777s managed by AerCap.
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NewsNok Air issues RFP for deliveries through 2026: sources
Nok Air has issued a request for proposals for the operating lease of up to 26 aircraft to be delivered between this year and 2026, according to a document seen by Cirium dated 21 January.
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NewsHawaiian Airlines posts Q4 loss as travel restrictions remain
Hawaiian Airlines reported a fourth-quarter loss of $172.8 million as the ongoing global coronavirus crisis and ensuing strict travel restrictions in its home state continue to create hardship for the business.
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NewsAeromexico and LATAM seek to codeshare on US flights
Aeromexico and LATAM Airlines Group have agreed to a codesharing partnership under which Aeromexico’s flights to the USA will carry LATAM flight codes.
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NewsAlaska posts $316mn Q4 loss, sees mixed bag for 2021
Alaska Air Group lost $316 million in the fourth quarter of 2020, and is preparing for a mixed bag in the current year as the coronavirus crisis drags on.
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NewsUK regional Eastern Airways eyes former Flybe French routes
Eastern Airways has outlined plans to begin flights from Southampton to Nantes and Rennes in France from the end of April.
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NewsEl Al remains in limbo as Israeli government curbs air travel
Israeli flag-carrier El Al has prolonged the furlough of close to 5,000 personnel at least until the end of February, as the government imposes restrictions on air services. El Al says it has “decided to extend” the unpaid leave of employees until 28 February, putting the figure at 4,864 staff. ...
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NewsRolls-Royce more pessimistic over long-haul recovery in 2021
Rolls-Royce is assuming engine flying hours on twin-aisle long-haul aircraft will reach just 55% of pre-crisis levels during 2021, down from a previous base case of 70%. The outlook reflects the uncertainty over air traffic recovery for the widebody sector and the engine manufacturer expects, on this basis, free cash ...
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NewsCO2 emissions track falling air traffic in Europe but with ‘variation’
Flights across European airspace in 2020 saw a fall in CO2 emissions that was largely in line with declining flight numbers, according to data released by Eurocontrol.
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NewsNew Zealand expects borders to remain closed through 2021
New Zealand’s international borders will likely remain closed off for the rest of the year, amid uncertainty over the rollout of coronavirus vaccines.
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NewsANA to retire domestic large aircraft ‘ahead of schedule’
All Nippon Airways will retire large aircraft operating domestic flights “ahead of schedule” — and cut their utilisation by half — as it discloses that domestic operations will “make up the core” of its earnings in the coming financial year, which begins on 1 April.
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NewsCebu Pacific outlines $250m convertible preferred shares issue
Cebu Pacific has outlined the details of a $250 million stock rights offering, which it intends to use to finance its debt obligations.
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NewsUS extends entry ban for most European nations and Brazil
The US government has extended an entry ban preventing travellers from Europe’s Schengen Area, the United Kingdom, Ireland and Brazil from entering the country in a further attempt to slow the spread of the highly contagious coronavirus, and its even more virulent mutations.
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NewsDOT faces new pressure to halt implementation of American-JetBlue joint business
The US Department of Transportation (DOT) is receiving more pressure to reexamine an already-approved revenue-sharing partnership between American Airlines and JetBlue Airways.
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NewsSun Country introduces 16 new direct flights
Leisure specialist Sun Country has introduced 16 new flights, adding nine additional airports to its network in an effort to offer more passengers possibilities to fly direct to popular vacation destinations.
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NewsNew Berlin airport sees five-year wait for pre-crisis traffic return
After finally opening in October 2020 following years of delays, the operator of Berlin Brandenburg Willy Brandt airport expects a further five-year wait until pre-pandemic passenger levels return and has warned of the need for continued shareholder support to offset lost revenues.
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NewsAlaska takes delivery of first Boeing 737 Max
Alaska Airlines has taken delivery of its first Boeing 737 Max aircraft as it begins to streamline its fleet, in an effort to improve overall efficiency and profitability.
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NewsFrontier picks P&W engines for first time to power 134 A320neos
US carrier Frontier Airlines has selected Pratt & Whitney PW1100Gs to power 134 incoming Airbus A320neo-family jets, a move that will diversify its fleet away from complete reliance on CFM International powerplants.
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NewsQuarantine moves prompt Cathay to flag higher cash burn and capacity cuts
Cathay Pacific Group expects monthly cash burn to increase by around HK$300-400 million ($38.7-51.6 million), following the Hong Kong government’s decision to impose mandatory quarantine measures on all flight crew entering the city for more than two hours.