News from FlightGlobal – Page 486
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NewsAvianca slides to $156 million third-quarter operating loss
Avianca Holdings has posted an operating loss of $156 million for the three months ended 30 September.
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NewsVolga-Dnepr An-124 damaged in departure accident at Novosibirsk
One of Russian outsize freight operator Volga-Dnepr Airlines’ Antonov An-124s has suffered substantial damage after a departure accident apparently involving engine failure. Images of the aircraft (RA-82042) at Novosibirsk show it came to rest on rough snowy ground, on its fuselage underside, with extensive damage to its inboard left-hand Progress ...
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NewsAirlines have ample capacity for vaccine transport: Cargolux chief
Concerns about a lack of air cargo capacity for the global distribution of Covid-19 vaccines – even those requiring the maintenance of extremely cold temperatures during transit – are unfounded, in the view of Cargolux chief executive Richard Forson.
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NewsVietnam clears project funding for new Ho Chi Minh City airport
Hanoi has signed off on funding of VND109 billion ($4.7 billion) for the first phase of Ho Chi Minh City’s new airport, to be located in nearby Long Thanh province. Deputy prime minister Trinh Dinh Dung signed the decision on 11 November, according the Civil Aviation Authority of Vietnam. ...
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NewsVietjet, UPS in cargo flight tie-up
Vietnamese low-cost carrier Vietjet Air and logistics firm UPS have entered a cargo partnership agreement.
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NewsSIA boosts liquidity with S$850 million bond issue
Singapore Airlines (SIA) has successfully raised S$850 million ($630 million) through a convertible bond issue.
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NewsAir New Zealand names new finance chief
Air New Zealand has appointed its former senior executive Richard Thomson as its next chief financial officer.
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NewsJetBlue will stop blocking middle seats in January
JetBlue Airways is the latest US carrier to announce plans to unblock middle seats, citing research showing passengers face a low risk of catching coronavirus on an aircraft.
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NewsAmerican eyes 737 Max delivery deferrals
American Airlines expects to defer Boeing 737 Max deliveries in the coming years but still anticipates acquiring some new Max from Boeing this year.
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NewsIATA calls on Latin American countries to lower travel barriers
Aviation trade group IATA is calling on Caribbean and Latin American governments to implement more coronavirus testing, reduce taxes and quit restrictive quarantine requirements in order to kick-start travel as carriers prepare for a high season beginning with end-of-year holidays.
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NewsUS airlines expect nearly 40% Thanksgiving air travel slump
US airlines trade group Airlines for America (A4A) expects 39% fewer passengers during this year’s Thanksgiving holiday period which will be characterized by markedly different travel patterns as the country is experiencing a widespread third wave of coronavirus infections.
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NewsPost-storage A321 aborted take-off over pitot blockage
Wizz Air UK has revised its return-to-service processes after an Airbus A321, whose crew aborted take-off at high speed, was found to have a pitot probe blocked by insect activity. The aircraft (G-WUKJ) had reached 120kt – the V1 decision speed – during its departure roll from runway 20 at ...
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NewsSouth Africa’s Airlink underlines independence with new livery
South African carrier Airlink has unveiled a new livery to mark its move to standalone operations.
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NewsCargolux looking ‘very closely’ at 777-300ER freighter conversion
Cargolux is examining the Boeing 777-300ER freighter conversion as a potential candidate to meet its future fleet requirements, according to the airline’s chief executive Richard Forson.
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NewsKLM keeps focus on retaining destinations despite capacity cuts
Dutch carrier KLM now expects to operate around 40% of its pre-crisis levels of capacity on European routes over the coming months as a result of fresh travel restrictions imposed to counter the coronavirus. It expects to serve around 90-95% of the European destinations it flew to pre-crisis. The majority ...
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NewsEl Al cull continues with departure of chief financial officer
Israeli flag-carrier El Al’s chief financial officer, Dganit Palti, is to step down before the end of this year. Palti’s departure will mark another high-profile change in the wake of the ownership shake-up at the carrier. El Al undertook a share issue in September, as part of a financial rescue ...
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NewsPandemic drives Emirates to its first half-year loss
Emirates Group posted a loss of Dh14 billion ($3.8 billion) for the six months ended 30 September as revenues slumped 74% during the first half of its pandemic-hit financial year.
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NewsLessor Global Knafaim bids to re-enter Israir auction after revising offer
Israeli aircraft lessor Global Knafaim Leasing has submitted a revised offer for leisure airline Israir, having initially failed to advance to the next stage of the bidding process. It has outlined a 107 million ($31.6 million) shekel proposal comprising 35 million shekels in cash and 72 million shekels representing a ...
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NewsThai Airways’ operating losses deepen in Q3
Thai Airways International’s losses deepened and revenues plummeted in the third quarter ended 30 September as the impact of the Covid-19 pandemic on its operations continued to be felt.
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NewsChinese carriers poised to recapture international travel market share: HSBC report
With many of their foreign competitors in the doldrums amid a pandemic-led downturn, China’s three largest carriers — having already experienced a steady domestic recovery — are well-placed to recapture market share in the international air travel market.