News from FlightGlobal – Page 498
-
NewsUS airlines could experience short-term hit from coronavirus
While Asian airlines have borne the brunt of the coronavirus crisis so far, US carriers are closely monitoring the situation, and will likely take a short-term loss as the US government sends mixed messages and bookings begin to decline.
-
NewsSAS flags engine concerns as it looks to pick new regional fleet type
SAS is concerned about the powerplant reliability issues as it prepares to select an aircraft type on which to base a future regional operation. The Scandinavian carrier has indicated that the Airbus A220 and Embraer E2 family are the candidates under consideration. But both are powered by versions of the ...
-
NewsJambo Jet boss named permanent chief executive of Kenya Airways
Kenya Airways has confirmed Allan Kilavuka, the head of its budget unit JamboJet, as its new chief executive and group managing director on a permanent basis.
-
NewsCargoLogicAir suspends operations as Chinese situation bites
UK freighter operator CargoLogicAir has confirmed to FlightGlobal sister publication Air Cargo News that it has suspended operations as its exposure to China takes its toll. In a short statement, the Boeing 747 carrier – and the UK’s only maindeck freighter operator – said that “due to the latest market ...
-
NewsAirAsia slips to full-year loss
AirAsia Group has reported a full-year net loss of MYR286 million ($67.9 million) for 2019, after a MYR1.7 billion net profit the previous year. The airline group says the negative result was due partly to “accounting treatment” associated with its move from owning to leasing aircraft, and partly to losses ...
-
NewsProposed US legislation aims to restore faith in aircraft certification
US senators have introduced a bill to Congress intended to reinforce safety and oversight, particularly with regards to certification, in the aftermath of the Boeing 737 Max grounding crisis. The proposed legislation, titled the Restoring Aviation Accountability act, has been submitted by Democratic senators Richard Blumenthal, Tom Udall and Edward ...
-
NewsCourt rules Heathrow third-runway plans unlawful on climate grounds
The UK’s court of appeal has today ruled that plans for a third runway at London Heathrow airport are unlawful because they do not take into account the government policy relating to climate change.
-
NewsAir New Zealand maintains profitability despite slowdown
Air New Zealand has maintained profitability even as it adapts to a lower growth environment, reporting a NZ$198 million ($124 million) EBIT for the six months ended 31 December 2019, down from NZ$217 million in the year-ago period. “Our capacity discipline on existing routes, stimulation of leisure traffic with the ...
-
NewsHawaiian Airlines suspends flights to South Korea
Hawaiian Airlines says it is suspending flights to Seoul Incheon International airport in South Korea, becoming the second US carrier to stop flying to the country since the outbreak of the coronavirus, also known as COVID-19, several weeks ago.
-
NewsSilver Airways adds Florida-Charleston routes
Regional carrier Silver Airways says it is introducing new routes between its three Florida hubs and Charleston, South Carolina.
-
NewsIran ATR followed wrong approach after Tabriz runway switch
Iranian investigators believe failure to switch an Iran Air ATR 72-600’s avionics to follow a new approach resulted in the aircraft’s landing on the wrong runway following a service to Tabriz. The aircraft, arriving from Baku as IR779 on 10 February, had been conducting an approach with clearance for runway ...
-
NewsCape Air puts P2012 Travellers to work as revenue flights commence
Cape Air has become the first operator to begin revenue flights of the Tecnam P2012 Traveller, having dispatched the type on an inaugural commercial flight from its Hyannis base to Nantucket island on 22 February.
-
NewsSilver Airways applies to fly larger aircraft to Caribbean
Silver Airways has applied to the US Department of Transportation (DOT) for permission to operate flights on larger-gauge aircraft between the United States and both the Dominican Republic and St Maarten.
-
NewsGovernment sets aside $1bn to cover SAA guaranteed debt
South Africa’s government has set aside R16.4 billion ($1.1 billion) over the medium term for South African Airways to repay guaranteed debt and to cover debt-service costs. The national treasury has disclosed the figure in its newly-released 2020 budget review. It states that the government also anticipates that additional funding ...
-
NewsJet fuel prices hit two-year lows
The price of jet kerosene is continuing to move sharply lower in line with weaker crude, amid mounting concerns about the impact of the coronavirus on global economic growth.
-
NewsVirgin Australia pursues lower cost base amid interim loss
Virgin Australia is targeting annualised savings of A$125 million ($82.2 million), having slipped into a A$97 million net loss for the half-year period ended 31 December 2019. The net loss contrasts with a A$55 million net profit in the year-ago period, and the latest figures were subject to a more ...
-
NewsSAS edges towards regional fleet renewal with Danish crew deal
Scandinavia’s SAS has outlined the preconditions for placing an order to renew the mid-sized fleet of single-aisle jets serving its regional network. It says that some 20% of its network uses Airbus A319s and Boeing 737-700s and that using aircraft of the appropriate size is important for both financial and ...
-
NewsLufthansa puts in hiring freeze and unpaid leave offer to counter coronavirus hit
Lufthansa Group is implementing a hiring freeze and offering staff unpaid leave as part of cost-cutting measures amid the impact on air travel demand from the coronavirus outbreak. While the airline group says it is too early to estimate the earnings impact of the coronavirus outbreak, its network operators Lufthansa, ...
-
NewsChina Eastern launches new carrier with C919s and ARJ21s
China Eastern Airlines has unveiled its new subsidiary, OTT Airlines, which will mainly operate Chinese-made aircraft, including Comac’s ARJ21 regional jet, and the C919 narrowbody. OTT, which is wholly-owned by China Eastern, will be based at Shanghai Hongqiao Airport, and will primarily serve the Yangtze River Delta region and other ...
-
NewsThai AirAsia parent slips to loss in 2019
Thai AirAsia’s parent company posted an operating loss of Bt100 million ($3.14 million) for the whole of 2019, as costs outpaced revenues. This contrasts with a Bt660 million operating profit in 2018. Asia Aviation’s revenue for the year ended 31 December 2019 rose 3% to Bt41.6 billion. The company attributed ...