News from FlightGlobal – Page 468
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NewsVietnam starts building new airport for Ho Chi Minh City
Vietnam has broken ground for the first phase of a new airport for the city’s commercial centre of Ho Chi Minh City.
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NewsAviation union warns of safety onboard aircraft after Washington, DC riots
A US airline flight attendants’ union says its members are afraid for their safety onboard aircraft after an angry mob of rioters breached the US Capitol building in Washington, DC earlier in the day. The mob was attempting to stop the certification of the election of Joe Biden as president of the USA.
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NewsThai Airways gets extra month to submit restructuring plan
Thai Airways International has been granted a one-month extension of the deadline to submit its rehabilitation plan which will outline how its business will be restructured.
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NewsCathay to resume limited number of UK flights
Cathay Pacific will operate a handful of flights from Hong Kong to London Heathrow from 12 January, but return services will remain suspended.
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NewsBOC Aviation’s lease commitments and aircraft sales down in Q4
BOC Aviation signed fewer lease commitments and extensions in 2020’s fourth quarter than in the same period of 2019, and its aircraft sale activity likewise declined.
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NewsGovernment deposits initial funding for Montenegro Airlines successor
Montenegro’s government has acted swiftly to start establishing a successor to the country’s defunct flag-carrier Montenegro Airlines. The carrier ceased operations on 26 December after the government refused to continue supporting the heavily-indebted company. But the government has formally registered a new company, depositing €4 million ($4.9 million) in founding ...
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NewsWestJet prepares for 737 Max flights pending approval
WestJet will begin non-commercial test flights of its Boeing 737 Max aircraft during the coming weeks with the aim of having the aircraft type ready to resume revenue flights on 21 January pending approval from Transport Canada.
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NewsEasyJet to slash network amid UK lockdown
EasyJet is paring back its operations to just “essential connectivity” between key UK cities and select international routes, as the low-cost carrier’s home country enters a further national lockdown. Existing operations will run up to and including 10 January, to enable passengers to return to the UK, after which the ...
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NewsEl Al names former Avgol executive as new finance chief
Israeli flag-carrier El Al has named Yitzhak Eliav as its new chief financial officer, following the departure of Dganit Palti last year. He took up the post on 4 January, the airline states. Eliav was formerly the head of finance and vice-president of operations at Avgol Industries, a specialist manufacturer ...
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NewsKorean Air moves closer towards Asiana acquisition
Korean Air has gained approval from its shareholders to amend its articles of association to help finance its planned acquisition of compatriot Asiana Airlines, moving the carrier a step closer to taking over its rival.
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NewsVietnam Airlines to raise $350m equity from shareholders
Vietnam Airlines plans to issue D8 trillion ($350 million) worth of ordinary shares for sale to existing shareholders to supplement working capital and pay down debt.
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NewsDelta to install new wi-fi portal in 300 of its narrowbody jets
Delta Air Lines has inked a partnership with communications company Viasat that will deliver a new branded high-speed wi-fi portal to passengers on more than 300 of its narrowbody aircraft.
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NewsAmerican, Alaska ban emotional support animals inside the cabin
American Airlines and Alaska Airlines are shutting down the practice of bringing so-called “emotional support animals” (ESAs) into aircraft cabins, after the US Department of Transportation (DOT) last month gave passenger carriers the right to ban them.
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NewsEC clears Germany to provide TUI with up to €1.25 billion
Germany’s plan to contribute up to €1.25 billion ($1.53 billion) to TUI’s recapitalisation has been approved by the European Commission, which says the Hannover-headquartered group is facing “a risk of default and insolvency”. The state recapitalisation includes a €420 million silent participation, convertible into shares, by German government fund WSF, ...
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NewsAir India sale delayed as government scraps shortlist deadline
India’s government has hit another stumbling block in its years-in-the-making sale of flag carrier Air India. The timeline for the sale is now uncertain after the government decided against informing bidders today as to whether they had been shortlisted. Source: Boeing It had previously stated that it ...
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NewsEasyJet restricts voting power of shares held by non-EU interests
Budget carrier EasyJet has started suspending voting rights for certain shares which are still held by non-European Union interests, in order to comply with EU ownership regulations. EasyJet holds an EU operating licence and, as a result, needs to be majority-owned by EU and associated nationals. But EasyJet’s shareholder structure ...
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NewsRyanair, Wizz ended 2020 with traffic still in the doldrums
Low-cost carriers Ryanair and Wizz Air saw another month of heavy traffic decline in December, as respective passenger numbers fell by 83% and 80% against the same month in 2019.
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NewsGulf blockade on Qatar could ease as Saudi Arabia opens airspace
There are signs that a long-running multinational blockade by Arab states against Qatar might be easing, after an agreement was reached to open airspace and other borders between Qatar and Saudi Arabia. The agreement has been disclosed by Kuwaiti foreign affairs minister Ahmed Nasser Al-Muhammad Al-Sabah, on the eve of ...
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NewsQantas eyes international network restart in July, amid government criticism
Qantas is looking to restart international flights from July, in a move that has earned the rebuke of the Australian government.
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NewsT’way to acquire A330s for long-haul expansion
Korean low-cost carrier T’way Air has signed a Letter of Intent to acquire Airbus A330-300s, as it looks to tap into the medium- to long-haul market.