News from FlightGlobal – Page 494
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NewsAllegiant Q3 results up as the airline is “flirting with break-even”
Allegiant Travel Company, the parent of ultra-low-cost carrier Allegiant Air, is “flirting with break-even” as point-to-point leisure travel rebounds faster than other parts of the aviation industry after it came to a near-standstill earlier this year.
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NewsKLM Cityhopper seeks EASA backing for virtual-reality pilot training
KLM’s regional Cityhopper division is exploring whether it can obtain European safety authority certification for virtual-reality pilot training. The regional operator is interested in pursuing European Union Aviation Safety Agency approval for the training, which will initially complement its regular training programmes. Cityhopper says the virtual-reality scheme could then start ...
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NewsSouth Africans urged to boycott SAA over government bailout
South African citizens are being urged to boycott flag-carrier South African Airways by an anti-maladministration organisation which focuses on the country’s state-owned enterprises. The Organisation Undoing Tax Abuse has sharply criticised the South African finance ministry’s bailout of SAA in its mid-term budget, after months of uncertainty over the sourcing ...
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NewsRyanair to suspend service from all Irish airports except Dublin
Ryanair will temporarily cease operations from all Irish airports except Dublin for a one-month period, blaming government “mismanagement” and a “complete collapse in travel demand”.
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NewsPoor communication led Finnair flight attendant to fall from mobile stairs
Finnish investigators have determined that poor communication regarding signals to ground vehicles led a flight attendant to fall from a mobile staircase as it pulled away from a Finnair Airbus A320. The flight attendant was seriously injured in the 3.5m fall at Helsinki Vantaa airport on 13 January. Finland’s Safety ...
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NewsMax absence has propped up 737-800 values and utilisation rates: Ascend
Although the grounding of the 737 Max has been a disaster for Boeing, its absence has had the effect of propping up utilisation levals and values for the earlier-generation 737-800.
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NewsSouthwest’s O’Hare service to take flight on Valentine’s Day
Southwest Airlines will commence operating flights for its new Chicago O’Hare service on 14 February, with 20 total departures to Nashville, Baltimore/Washington International, Denver, Dallas Love Field and Phoenix.
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NewsFinance minister castigated as state bails out SAA
South African Airways is to be allocated R10.5 billion ($642 million) to implement its business rescue plan, the country’s finance minister has disclosed in a speech to parliament. Tito Mboweni outlined the funding in a medium-term budget policy statement on 28 October. He said that R10.5 billion would be assigned ...
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NewsFinnair ratchets up long-term savings as nine-month loss reaches €450m
Finnair is again hiking its target for permanent cost savings from 2022, raising it to €140 million ($165 million) from the previous level of €100 million. It had already increased the target in August, lifting it from the original figure of €80 million. The Nordic carrier disclosed the change as ...
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NewsAAPA calls on governments to do more for air travel
While there have been “positive” steps taken to establish travel bubbles and essential travel ‘green lanes’ in the Asia-Pacific region, more can be done to better coordinate an air travel recovery amid the coronavirus crisis. Releasing its traffic data for September, the Association of Asia Pacific Airlines (AAPA) doubled ...
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NewsPandemic speeds retirement of older, high-maintenance aircraft
The coronavirus travel downturn is accelerating the retirement of aircraft that are older, less fuel-efficient, and higher maintenance, including Boeing 777 aircraft, Airbus A330 and A380 aircraft, as airline capacity may not return to pre-pandemic levels until 2024, if at all. Airlines will have to reduce costs by selling or ...
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NewsTaiwan’s Starlux launches new routes to Bangkok, Osaka, Tokyo
Taiwanese carrier Starlux has announced three new destinations in Thailand and Japan to bolster its fledgling operation. Starlux started flying in January with three routes from Taipei Taoyuan, to Macau, Da Nang and Penang. Source: Wikimedia Commons A Starlux A321neo in February 2020 It was due to ...
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NewsNok receives no objections to entering business rehabilitation
Nok Air looks set to be allowed to restructure under court supervision, after nobody raised objections during a court hearing today, according to a 27 October filing to the Stock Exchange of Thailand. The Thai budget carrier says the order on its business rehabilitation petition will be issued at 09:00 ...
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NewsHawaiian posts $97m Q3 loss, details 787 delivery delays
Hawaiian Airlines posted a $97 million loss in the third quarter, as the state’s coronavirus-driven quarantine requirements hampered air travel demand – and the airline’s recovery.
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NewsJetBlue reports sharply lower Q3 but sees leisure rebound
JetBlue Airways reported sharply declining third-quarter financial results but remains optimistic that the coming weeks will bring recovery as customers begin planning travel for the end-of-year holiday season.
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NewsTurkish Airlines agrees amended delivery schedule for Airbus orders
Turkish Airlines has undertaken a restructuring of its fleet plans, agreeing with Airbus to reschedule a number of deliveries. The carrier adds that it has “adapted the overall outstanding orders”, taking into account operational and financial positions, to ensure a “solid basis” for the airline’s future. Turkish Airlines has not ...
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NewsAirline cash burn to continue throughout 2021: IATA
Airlines will struggle to cut unit costs sufficiently to prevent cash burn continuing throughout 2021, based on current demand assumptions, according to IATA.
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NewsBOC Aviation, Malaysia Airports challenge AirAsia X restructuring
Two of AirAsia X’s creditors – BOC Aviation and Malaysia Airports (Sepang) (MASSB) – have taken legal action to challenge its proposed debt restructuring, according to the airline group. AirAsia X was served on 15 October a sealed copy of BOC Aviation’s application in the High Court of Malaya, dated ...
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NewsANA Group plans new airline, big fleet cuts
The All Nippon Airways (ANA) Group will conduct a major revamp of its business model that involves launching a new airline brand and retiring far more aircraft than originally planned. The group will make these and other significant changes as part of its response to the coronavirus pandemic that has ...
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NewsIcelandair to withdraw and part-out batch of 757-200s
Icelandair Group is planning to retire four Boeing 757-200s over the next few weeks, which will be placed with part-out schemes. The company says some of the components will be cannibalised for its remaining 757s while others will be sold. Icelandair Group says the retirement is part of its broader ...