News from FlightGlobal – Page 479
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NewsKorean Air to present Asiana ‘integration plan’ in March
Korean Air will prepare an “integration plan” by March relating to its acquisition of embattled rival Asiana Airlines, as it vows not to cut any jobs following the consolidation of the two carriers.
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NewsAirAsia Group to reduce fleet size in 2021
AirAsia India will be the group’s only unit to see fleet growth by the end of 2021, amid an ongoing investment review conducted by the low-cost group.
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NewsANA in partnership to review SAF supply chains
All Nippon Airways is one of six Japanese companies to reach an agreement about studying carbon recycling business models, and the partners aim to streamline sustainable aviation fuel (SAF) supply chains.
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NewsPIA seeks dry lease of up to eight narrowbodies
Pakistan International Airlines (PIA) has issued a tender notice to dry lease up to eight narrowbody aircraft, with the first example to be delivered at the start of next year.
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NewsUS lawmakers reportedly earmark $17b for airlines in new coronavirus stimulus package
US lawmakers in Washington, DC have submitted a bi-partisan relief package worth $908 billion to extend coronavirus-crisis-driven financial aid after the previous bill, called the CARES Act, expired on 1 October.
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NewsHawaiian cuts service as Kauai opts out of pre-travel testing
The popular Hawaiian tourist destination Kauai has opted out of the state’s pre-travel coronavirus testing programme and re-imposed a mandatory quarantine for all inbound passengers, once again disrupting Hawaiian Airlines’ return to normal service.
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NewsIsrair bidders enhance offers in battle to acquire leisure carrier
At least three of the prospective bidders for Israeli leisure airline Israir have submitted enhanced offers to acquire the carrier. The trustee overseeing the divestment of Israir from its parent IDB had set a 30 November deadline for best and final bids. Dor Alon Energy has put forward options including ...
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NewsANA wins Decade of Airline Excellence Award for Asia-Pacific region
Recipient of the Decade of Airline Excellence Award for the Asia-Pacific region, sponsored by Shannon Engine Support.
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NewsCondor emerges from ‘protective shield’
Condor has confirmed its exit from ‘protective shield’ proceedings implemented to establish the former Thomas Cook subsidiary as a standalone company. The German leisure carrier was placed under a first protective shield, which involved a €380 million ($455 million) bridging loan from the national government, following Thomas Cook’s collapse in ...
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NewsAeroflot Group claims Pobeda profitable despite crisis
Aeroflot Group is highlighting the performance of its budget arm Pobeda, posting a net profit for the carrier for both the third quarter and the first nine months of this year. The company says Pobeda increased passenger numbers during the quarter, compared with last year, and achieved load factors up ...
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NewsAvion Express to request protection from creditors
Lithuanian ACMI operator Avion Express plans to seek creditor protection in an attempt to restructure its business and recover from the effects of the pandemic.
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NewsAirlink loses case to retrieve revenues held by former partner SAA
South African carrier Airlink has failed to convince the country’s Supreme Court of Appeal that it is owed R510 million ($33 million) in ticket funds held by South African Airways. The court has upheld a Gauteng high court decision rejecting Airlink’s claim to the ticket revenues collected by SAA on ...
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NewsEthiopian Airlines wins Decade of Airline Excellence Award for Africa region
Recipient of the Decade of Airline Excellence Award for the Africa region, sponsored by Eways Aviation.
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NewsCourt dismisses injunction to block Korean Air’s Asiana acquisition
Korean Air’s multi-billion dollar bid to take over rival Asiana Airlines cleared a critical legal hurdle, after a Seoul district court dismissed an attempt to block the acquisition.
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NewsHSBC sees ample aviation capacity to distribute vaccine
The aviation industry has easily enough capacity to distribute Covid-19 vaccines, while the cold storage requirements of some products will be “demanding but not insurmountable”, HSBC has suggested.
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NewsFuel pump blockage resulted in Scoot Trent 1000 shutdown
Debris from worn bearings in Rolls-Royce Trent 1000 engine on a Scoot Boeing 787-9 caused it to shut down as the aircraft approached Perth in 2018.
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NewsKorean Air-Asiana consolidation faces regulatory, legal hurdles
Korean Air’s proposed acquisition of rival Asiana Airlines could require the green light from regulators in at least four countries, adding to a growing list of hurdles which includes an ongoing legal battle to block the deal.
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NewsAmerican launches coronavirus testing for Chile-bound travellers
American Airlines will introduce pre-departure testing for passengers travelling between its Miami International airport hub and Santiago, Chile next week.
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NewsComair chief Stander steps down ahead of restart
Comair chief executive Wrenelle Stander has stepped down ahead of the South African carrier’s resumption of services tomorrow after its grounding because of the global pandemic and a subsequent formal restructuring.
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NewsIndian carrier SpiceJet makes belated Ras Al Khaimah debut
SpiceJet has carried out its first service to Ras Al Khaimah airport a year after the Indian low-cost carrier identified the emirate as its first international hub.