News from FlightGlobal – Page 510
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NewsIsrael’s dormant Arkia to ‘survive’ after deal to cut workforce
Israeli leisure carrier Arkia’s employees have agreed a restructuring which involves cutting about a quarter of the airline’s personnel, reducing its workforce to around 400. The agreement follows months of negotiations and includes a phased salary-reduction mechanism to be imposed across all the company’s activities – although it will not ...
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NewsSpiceJet swings to loss in first quarter
Indian budget carrier SpiceJet swung to a loss in the April to June period, but its chairman remains confident that the airline will see a significant improvement in its operating environment. The Gurugram-based carrier’s operating losses widened to Rs5.68 billion ($77 million) in the first quarter of the fiscal year ...
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NewsChinese ‘Big Three’ expected to report profits in Q3: HSBC
A HSBC Global Research report predicts that China’s three main airlines will report profits for the quarter ended 30 September, led mainly by a rapid recovery in domestic air travel demand in recent months. It notes that the ‘Big Three’ — Air China, China Eastern Airlines and China Southern Airlines ...
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NewsVietnam Airlines plans one-way 787 flights to Tokyo Narita
Vietnam Airlines plans to operate several one-way flights to Japan later this month with Boeing 787s. The flights will depart Hanoi at 23:45 on 18, 25 and 30 September. Flights from Ho Chi Minh City to Narita will depart at 00:00 on 30 September. Cirium fleets data show ...
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NewsUnited pilots reach tentative agreement to avoid furloughs
United Airlines’ pilots have reached a tentative agreement with the carrier to avoid furloughs until the middle of next year.
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NewsEl Al details initial bids after share offer
El Al has disclosed the initial results of its share issue, through which it had intended to raise proceeds of 505 million shekels ($145 million). The issue was launched on 16 September. El Al had been offering 753.35 million shares of which the government had been lined up to take ...
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NewsAvianca appeals injunction against $370m loan
Colombia’s Avianca, which filed for bankruptcy protection in a New York court in May, has appealed an injunction preventing disbursement of a major loan needed to keep the company afloat.
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NewsATR flies first new-build 72-600 freighter for FedEx
ATR has flown the first example of its newly-developed 72-600 freighter, a purpose-built cargo version of its larger turboprop. The aircraft was launched three years ago with an order for up to 50 from US express freight specialist FedEx. Thirty of the aircraft under the FedEx agreement were firm. ATR ...
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NewsBritish Airways competes head on with Virgin Atlantic in Lahore
British Airways will compete with Virgin Atlantic on its recently-announced London Heathrow-Lahore route, having disclosed its own plans to serve the Pakistani city from October. The IAG-owned carrier will operate four flights a week to Lahore from 12 October, using a Boeing 787-8 aircraft. The carrier’s announcement comes less than ...
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NewsCruz calls for Covid-19 testing at UK airports as BA outlines recovery plan wish-list
The UK government must rapidly introduce a coronavirus testing regime at airports, reform its travel corridor programme, and remove air passenger duty (APD) from domestic flights to give airlines a fighting chance of surviving the coronavirus crisis.
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NewsDelta’s flight attendants and frontline staff avoid furloughs
Delta Air Lines will not involuntarily furlough its flight attendants and ground-based frontline employees after 30 September, when the US CARES Act expires and airlines that have received payroll support funds will once again be free to lay off workers or cut pay.
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NewsBA chief Cruz hopeful on workforce agreements but warns of painful recovery ahead
British Airways is hopeful that outstanding contract revisions covering changes to pay and conditions for 30,000 staff members can be concluded shortly, as the carrier hunkers down to weather a “long and protracted” recovery.
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NewsAir New Zealand considers laying off hundreds more cabin crew
Air New Zealand is considering making hundreds of cabin crew redundant as a “last resort” measure in response to a reduction in long-haul demand. The flag carrier tells Cirium it has reduced its Los Angeles passenger service from a daily frequency to three return flights per week, and converted all ...
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NewsChina’s ‘Big Three’ close in on full domestic traffic recovery
Two of China’s three largest carriers have recorded new highs in domestic passenger traffic for the year, underpinning the Chinese airline industry’s rapid domestic recovery from the coronavirus outbreak. In traffic results released for August, China Eastern Airlines and China Southern Airlines carried more passengers than they did in ...
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NewsGulf Air chief Kucko to step down
Gulf Air chief executive Kresimir Kucko is to step down from the role at the end of September after almost three years at the helm.
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NewsAeroflot cleared to increase share capital
Aeroflot has won shareholder approval to increase its authorised capital to 1.95 billion shares.
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NewsEmirates deploys A380 on Moscow route to meet ‘strong demand’
Emirates has upgauged the aircraft deployed for its newly restarted Dubai-Moscow service to an Airbus A380.
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NewsItaly again cites Ryanair over compliance with Covid measures
Italy’s civil aviation authority is meeting with Ryanair on 16 September to discuss allegations of non-compliance with the country’s Covid-related health measures.
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NewsRussia’s Utair seeks return to strategic plan from 2022
Russia’s Utair Group is expecting to return to its strategic course from 2022, as the impact of the air transport crisis begins to subside. Utair Group states, in a first-half briefing, that the crisis might “drag on” until the beginning of the peak season of 2021, but that it plans ...
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NewsTroubled Nok to improve fleet efficiency, seek alternative revenue sources
Thai low-cost carrier Nok Air, which recently filed for business rehabilitation, will improve fleet efficiency, seek alternative revenue streams, and adjust its marketing efforts - all in a bid to reduce costs. The latest move comes as the troubled carrier’s securities were given the ‘caution’ sign by the Thai stock ...