News from FlightGlobal – Page 487
-
NewsSpiceJet Q2 losses narrow on cargo revenue growth
A steady increase in cargo revenue helped Indian low-cost carrier SpiceJet narrow its quarterly operating loss, even as passenger travel demand remains in the doldrums amid the coronavirus pandemic.
-
NewsSMBC Aviation Capital sues Garuda over unpaid rent
SMBC Aviation Capital has joined the list of lessors that are suing Garuda Indonesia over unpaid aircraft lease rentals.
-
NewsNew Zealand 787 engine inquiries closed after Rolls-Royce blade fix
New Zealand investigators have closed an inquiry into two incidents involving engine problems on Rolls-Royce-powered Boeing 787-9s operated by Air New Zealand. The country’s Transport Accident Investigation Commission states that the incidents involved fracture of intermediate-pressure turbine blades on Trent 1000 powerplants. Deterioration of these blades was one of several ...
-
NewsLufthansa reaches savings deal with ground staff for 2021
Lufthansa has reached a preliminary €200 million ($237 million) savings deal with the Verdi union which provides employment protection for ground staff next year in return for concessions.
-
NewsVariety of Covid-19 entry requirements baffles US travellers
US airline customers tend to get confused about region-by-region and state-by-state Covid-19 entry requirements when searching for flights to leisure destinations, often leading them to take the path of least resistance and book flights to Florida beaches, American Airlines’ chief revenue officer Vasu Raja has observed.
-
NewsJetBlue chief views 2021 as ‘perfect time’ for London launch
JetBlue Airways plans to launch transatlantic services in the second half of 2021 amid what it expects to be a resurgence in demand for air travel, according to the airline’s chief executive Robin Hayes.
-
NewsUK leisure carrier Jet2 to open Bristol base
UK leisure carrier Jet2 is to launch a base at Bristol airport and will offer 29 destinations next summer.
-
NewsSouth African start-up Lift set to launch in December
South African start-up carrier Lift is aiming to launch domestic services in December with flights from Johannesburg to Cape Town and George.
-
NewsHeathrow blames UK government for ‘catastrophic decline’
London Heathrow has warned that the lack of a Covid-19 airport testing regime in the UK has left it “unable to compete” with rival European gateways, after reporting that passenger numbers in October had declined by 82% year on year. October’s figures represent the “eighth consecutive month of catastrophic decline” ...
-
NewsCovid testing at airports ‘a waste of time’: Ryanair chief
Pre-flight testing for coronavirus only makes sense if it is delivered before passengers arrive at airports, in the view of Ryanair group chief executive Michael O’Leary.
-
NewsSwiss removes 28 A320s from service for winter
Lufthansa subsidiary Swiss is temporarily withdrawing 28 older Airbus A320-family aircraft from service for the winter timetable to save costs, and instead deploying “more efficient” Airbus A220s, A320neos and A321neos across its short- and medium-haul network.
-
NewsLufthansa Group names new chief financial officer
Lufthansa Group has appointed Remco Steenbergen to serve as chief finance officer from 1 January. He currently holds the same position at Swiss chocolate and cocoa manufacturer Barry Callebaut Group. Lufthansa says its finance department will be “re-established” with Steenbergen’s appointment. The airline’s previous finance chief, Ulrik Svensson, stepped down ...
-
NewsAir Arabia posts third-quarter loss as crisis impact continues
Air Arabia made a net loss of Dh44 million ($12 million) on revenues down 80% in the third quarter, a period in which the low-cost carrier was able to resume services after the initial pandemic lockdown. The group carried 665,500 passengers in the three months to end-September across its five ...
-
NewsRussia’s S7 introduces premium A319s with low-density layout
Russian carrier S7 Airlines has reconfigured a pair of Airbus A319s to increase premium accommodation on the type for high-demand business routes. The carrier has fitted just 96 seats to the aircraft, including 24 in the business-class cabin. S7’s A319s have featured a single-class arrangement with 144 seats, while Airbus ...
-
NewsSecond Iran Air aircraft makes wrong-runway landing at Tabriz
Iranian investigators have indicated that an Airbus A319 crew landed on the wrong runway at Tabriz airport after becoming accustomed to using it on two previous flights. The Iran Air aircraft (EP-IEP) had been inbound to Tabriz from Isfahan on 7 October but, despite being cleared to land on runway ...
-
NewsRevenue collapse widens Cebu Pacific third-quarter loss
Cebu Pacific continued its loss-making streak for the third quarter this year, as it widened its operating losses on the back of a steep revenue decline. For the quarter ended 30 September, the Philippine low-cost carrier and its subsidiaries reported an operating loss of Ps6.7 billion ($139 million), reversing ...
-
NewsSingapore, Hong Kong travel bubble begins 22 November
The air travel bubble between Singapore and Hong Kong — the first such arrangement for both cities — will commence on 22 November, allowing for all forms of travel without having to undergo a 14-day quarantine. Outlining further details on the travel arrangements, the Civil Aviation Authority of Singapore ...
-
NewsComac delivers first ARJ21 to China Express
China Express Airlines has become the country’s seventh operator of the Comac ARJ21 regional aircraft, after taking delivery of its first example.
-
NewsUnited Airlines returns to New York’s JFK airport
United Airlines will return to New York’s John F Kennedy International airport in early 2021 with flights to the US West Coast, aiming to benefit from new trends in travel following the coronavirus crisis.
-
NewsLufthansa lifts liquidity with €600m bond issue
Lufthansa has bolstered its liquidity by placing a €600 million ($712 million) convertible bond. The German airline group says the transaction was more than six times oversubscribed. The bonds, which have an annual coupon of 2%, are redeemable in November 2025. Source: Lufthansa Lufthansa Group executive board ...