News from FlightGlobal – Page 471
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NewsDe Havilland sells up to 13 Dash 8-400 freighter conversion kits to Jazz
Canadian regional airline Jazz has agreed to purchase up to 13 freighter conversion kits for De Havilland Canada Dash 8-400 turboprops, enabling the airline to carry freight needed to combat coronavirus.
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NewsLufthansa in financing talks after disclosing Q1 loss of €1.2bn
Lufthansa Group is in talks with the home governments of its various airlines over financing support after revealing it expects to have posted a €1.2 billion ($1.3 billion) adjusted EBIT loss for the first quarter fo 2020.
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NewsAir Arabia and Etihad to launch Abu Dhabi JV as ’conditions improve’
Air Arabia and Etihad Airways’ new Abu Dhabi joint venture carrier will finalise its launch plans “as market conditions improve” after securing its air operating certificate (AOC).
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NewsMis-set altitude led Neos 737 to descend unnoticed during go-around
Investigators have found that a Neos Boeing 737-800 continued to descend, unnoticed by the crew, during an aborted landing at Bristol, after a rushed approach meant the go-around altitude was not correctly set. It dipped below 460ft as it travelled over runway 27, with its landing-gear retracted, before the pilots ...
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NewsICAO predicts 1.2 billion fewer air travellers by September
ICAO forecasts that the Covid-19 crisis could send the number of international air travellers falling by up to 1.2 billion by September 2020, compared to a typical year. It also estimates that airline revenues could fall by $160-253 billion for the first nine months of this year, with international capacity ...
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NewsAustralia unveils agricultural freight export network amid disrupted supply chains
Australia has rolled out a freight export service network, aimed at re-establishing global supply chains and accelerate exports of agricultural and fisheries exports to key overseas markets. The network comprises 15 airlines, freight service providers and freight forwarders, such as Qantas, Singapore Airlines, Emirates and FedEx. The Australian ...
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NewsVietJet records 14% decline in 2019 profit
VietJet Air saw its operating profit in 2019 decline 14.3% to D4.98 trillion ($211 million), down from the previous year’s profit figure of D5.8 trillion. Consolidated revenue for the year ended 31 December 2019 declined 2.8% to D52 trillion. Net profit meanwhile fell 20.9% to D4.22 trillion. Cash and cash ...
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NewsSIA’s fund-raising plan is ‘gold standard’: Goldman Sachs
Goldman Sachs deems Singapore Airline’s plans to raise up to S$15 billion ($10 billion) the “gold standard” among coronavirus-related rescue packages for airlines. “We view that as really the gold standard for the packages that have been put in place,” Nicola Dondi, managing director at Goldman Sachs (Asia), said at ...
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NewsEU shaping guidelines to restore air travel: transport commissioner
European transport commissioner Adina Valean has signalled that guidelines will be set out by mid-May regarding an exit strategy to restart cross-border operations including air travel, but stresses that the timing depends on the health situation. While speaking on 22 April, she was reluctant to pre-empt the finalisation of specific ...
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NewsDelta Air Lines reports Q1 loss, cuts daily cash burn by half
Delta Air Lines says it anticipates cutting its daily cash burn by 50% as the coronavirius pandemic drags on into the second quarter of the year and passenger demand continues to be at about 5% of normal.
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NewsUK clears CargoLogicAir to resume freight flights
UK regulators have restored the operating licence of freight operator CargoLogicAir, clearing it to operate contracts providing medical supplies using a pair of Boeing 747 freighters.
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NewsAir Mauritius files for voluntary administration
Struggling Air Mauritius has entered voluntary administration after the board resolved that with coronavirus grounding it would not be able to meet its financial obligations in the foreseeable future.
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NewsSouth African government presses unions for concessions to rebuild SAA
South Africa’s government is pressing unions to avert a collapse of South African Airways and ensure that the business rescue strategy results in the emergence of a more competitive carrier. It has asked unions to submit proposals on restructuring the carrier and, in particular, details on the future of jobs. ...
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NewsAirbus develops anti-spill cover to protect A350 centre pedestal
Airbus has developed a removable cover for A350 integrated control panels, designed to protect vital systems from inadvertent liquid spills in the cockpit, after two incidents which preceded uncommanded engine shutdown. The cover – which protects engine master levers, thumbwheels and rotary knobs – needs to be removed during critical ...
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NewsBiocide overdose blunder suspected in A321 dual-engine incident
UK investigators probing a serious dual engine problem on a departing Airbus A321 have discovered its fuel system had previously been overdosed with biocide, after a maintenance engineer misunderstood a measurement term. The engineer was confused by the term ‘ppm’ – meaning ‘parts per million’ – while conducting a biocidal ...
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NewsAustrian to halve 767 fleet and remove all A319s
Lufthansa Group carrier Austrian Airlines is to halve its Boeing 767 fleet and withdraw all seven of its Airbus A319s as part of a strategy to adjust to reduced demand in the wake of the coronavirus crisis. Austrian had already been planning to remove 18 Bombardier Q400 turboprops by 2021, ...
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NewsAsiana Airlines gets new loans from state banks: reports
South Korea’s Asiana Airlines has received additional loans from two state banks as it grapples with the coronavirus crisis, according to media reports. The Korea Development Bank (KDB) and the Export-Import Bank of Korea will inject W1.7 trillion ($1.4 billion) into South Korea’s second-largest carrier, Yonhap and Reuters reported on ...
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NewsAir Canada to halt all US flights on 27 April
Air Canada will suspend all USA-Canada flights on 27 April, slashing its 11 remaining US routes due to an extension of travel restrictions between the nations.
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NewsAirlines await details of Trump plan to halt US immigration
US president Donald Trump has announced plans to temporarily halt all immigration to the USA, as the country grapples with the coronavirus epidemic.
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NewsAviointeriors promises new post-coronavirus seat design ‘in under six months’
Italian firm Aviointeriors believes it could begin delivering within as little as six months a new seat designed to encourage passengers to feel safe flying again once coronavirus restrictions are lifted.