News from FlightGlobal – Page 464
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NewsBoeing more vulnerable to tariffs than Airbus: Udvar-Hazy
Boeing needs to work to resolve the current tariff war with Airbus as the dispute threatens to further erode its market share versus its European competitor, Air Lease executive chairman Steven Udvar-Hazy has argued.
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NewsIcelandair Group to divest tour operator following hotel sale
Icelandair Group is to sell its tour operator subsidiary Iceland Travel, as part of the continuing concentration on its flight operations activities. The wholly-owned subsidiary had been classified, along with hotel firm Icelandair Hotels, as an asset held for sale in 2019. Icelandair Group sold a 75% share in the ...
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NewsPassenger numbers plunged by over 70% across five biggest European hubs in 2020
Passenger numbers fell by more than 70% across Europe’s five biggest hubs last year as international travel ground to a virtual standstill because of the coronavirus pandemic.
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NewsAir Canada caters for passengers’ anxiety as it details 737 Max re-introduction
Air Canada is to return the Boeing 737 Max to service at the beginning of February, after the Canadian civil aviation regulator detailed the requirements for clearing the aircraft for flight. Transport Canada has disclosed an airworthiness directive covering the technical modifications and specific crew procedural changes that 737 Max ...
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NewsChina Eastern sees senior management reshuffle
China Eastern Airlines vice president Jiang Jiang has resigned from his role, amid broader senior management changes that will see replacements in its supervisory committee.
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NewsLease negotiations with Thai reaching ‘critical phase’: AA4
Negotiations between Thai Airways International and one of its lessors Amedeo Air Four Plus (AA4) over the future of four Airbus A350-900s are reaching a “critical phase” as the airline is due to finalise its restructuring plan next month.
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NewsHSBC slashes first-half outlook for Europe’s carriers
Prospects for Europe’s airlines in the first quarter of 2021 have deteriorated notably in recent weeks, but bank HSBC expects intra-European and possibly transatlantic passenger numbers to bounce back for the summer season.
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NewsVirgin Australia shakes up management team under new chief
Virgin Australia has announced six appointments to its 10-member executive leadership team, under new chief executive Jayne Hrdlicka.
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NewsBudget airline Pobeda proves resilient as Russian full-year traffic halves
Russian airlines’ passenger traffic halved over the course of last year, official figures from the federal air transport regulator show. Rosaviatsia states that overall traffic was down by 52% with passenger numbers down 46% to 69.2 million. But the fall was not indiscriminate across the Russian carriers. Aeroflot Group’s budget ...
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NewsSouth Korea’s Eastar Jet files for court receivership: reports
South Korea’s Eastar Jet has filed for court receivership as a means to restructure, according to local media reports.
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NewsFlybe Q400s to be converted into firefighters for Conair
Source: Conair Group Eleven Q400s, formerly with Flybe, are being transferred to Conair Source: Conair Group Eleven Q400s, formerly with Flybe, are being transferred to Conair
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NewsChina's 'Big Three' cap off 2020 with lower passenger traffic results
China’s three largest carriers reported year-on-year declines in their full-year traffic results for 2020 as the coronavirus outbreak impacted travel demand, particularly in their international networks.
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NewsUS airlines begin tapping into government aid
The US government has begun disbursing $15 billion in payroll assistance to airlines, which have been eagerly awaiting the financial relief ever since an earlier programme expired in September.
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NewsUS airlines gear up for potential trouble ahead of presidential inauguration
US airlines have adopted stricter safety policies on flights to and from the Washington, DC-area ahead of the presidential inauguration scheduled for 20 January.
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NewsAirports call for further support as UK suspends travel corridor scheme
UK airports are calling for further government support to cover operating costs after the suspension of the country’s safe travel corridors programme as part of efforts to counter further strains of the coronavirus.
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NewsScottish court rejects appeal of Libyan convicted of bombing Pan Am 747
Lawyers for the only person convicted of the Pan Am Boeing 747-100 bombing over Scotland in 1988 have lost a long-running bid to appeal the judgement. Libyan citizen Abdelbaset Al-Megrahi was imprisoned for his role in the bombing of flight PA103, which resulted in 270 fatalities as it came down ...
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NewsWizz takes advantage of UAE-Israel ties to open Abu Dhabi-Tel Aviv
Wizz Air is the latest operator to take advantage of the political agreement between the United Arab Emirates and Israel, with plans to serve the Abu Dhabi-Tel Aviv route. The airline will open the connection on 12 February, through its new Middle Eastern division Wizz Air Abu Dhabi. This division, ...
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NewsFlyers support mandatory vaccinations for international flights: Alan Joyce
Qantas chief executive Alan Joyce offers several rationales for Qantas’s plan to require all international passengers to be vaccinated against Covid-19, and states that the vast majority of passengers support the idea.
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NewsKorean Air files Asiana acquisition with competition watchdog
Korean Air filed a business combination report with the Korea Fair Trade Commission (KFTC) on 14 January for its acquisition of Asiana Airlines.
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NewsDelta Air Lines’ 2020 loss tops $12 billion in ‘toughest year’
Delta Air Lines reported a fourth-quarter net loss of $755 million as the carrier endured what the it calls “the toughest year in Delta’s history”.