News from FlightGlobal – Page 519
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NewsLa Compagnie among slot beneficiaries of Aigle Azur failure
Premium long-haul operator La Compagnie and carriers including Lufthansa, Wizz Air and TAP are among the beneficiaries of slots released at Paris Orly by the collapse of French airline Aigle Azur in September.
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NewsAlitalia to be overseen by single commissioner
Alitalia’s team of three extraordinary commissioners has been replaced with a single commissioner, the Italian government has disclosed.
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NewsHong Kong Airlines vows change after spared shutdown
Hong Kong Airlines (HKA) has vowed to get its finances back in shape and “drive consolidation” within the company, after it escaped further sanction from the territory’s authorities.
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NewsLATAM and IAG abandon joint venture plans
LATAM Airlines Group has terminated plans to develop a joint venture agreement with alliance partner International Airlines Group (IAG) after deciding to leave the Oneworld alliance.
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NewsEmirates signs for 777X simulators from CAE
Emirates has ordered two Boeing 777X full-flight simulators from flight training provider CAE, with the first expected to arrive in 2021.
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NewsAustralian watchdog flags concerns over frequent flyer programmes
Australia’s competition watchdog has expressed concern about airline frequent flyer programmes, flagging the potential for unfair pricing and anti-competitive practices.
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NewsAirbus picks up undisclosed order for four A330-800s
Airbus has secured an order for four A330-800s, disclosing a rare agreement for the twinjet variant in its latest backlog revision
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NewsSAS to deepen cuts after ‘unsatisfactory’ 2019 result
Scandinavian airline SAS has stepped up cost-saving measures after delivering a full-year result its chief executive Rickard Gustafson describes as “unsatisfactory”.
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NewsUnited Airlines president Kirby to take over as chief executive
United Airlines’ president Scott Kirby will take over the chief executive role in May 2020, at which point current incumbent Oscar Munoz will become executive chairman of the US carrier’s board.
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NewsSAA to receive R4bn funding as part of business rescue
South African Airways is to receive a R4 billion ($273 million) in funding as part of the effort to restructure the ailing flag-carrier following its placement into business rescue.
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NewsNorwegian sells Argentinian unit to JetSmart
Norwegian has sold its Argentinian subsidiary to Chilean low-cost carrier JetSmart for an undisclosed amount, as the Scandinavian group looks to cut costs and focus on core operations.
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NewsAir France-KLM seeks new equilibrium with Virgin Atlantic
Air France-KLM has confirmed it is renegotiating with Virgin Atlantic the terms of their planned transatlantic joint venture with Delta Air Lines, after the UK carrier’s majority shareholder Richard Branson disclosed that he had scrapped a plan to sell a stake to the Franco-Dutch group.
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NewsCondor restores bird logo as it separates from Thomas Cook
German leisure carrier Condor has reverted to a previous corporate logo for its fleet, distancing the airline from its collapsed former parent Thomas Cook Group.
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NewsWTO dismisses US anxiety over possible A380 revival
US trade representatives have questioned whether Airbus is fully committed to terminating the A380 programme, which is set to close with the final deliveries in 2021.
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NewsVirgin A350-1000 sale influenced by subsidies: WTO
Virgin Atlantic’s order for 12 Airbus A350-1000s has played a central part in the World Trade Organization’s latest assessment as to whether subsidies influenced the competitive field against Boeing in the commercial aircraft market.
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NewsBamboo to enter widebody club with GECAS 787-9s
Vietnamese carrier Bamboo Airways is set to take its first Boeing 787-9 aircraft during December, which will make it Vietnam’s second widebody operator after Vietnam Airlines.
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LATAM signs codeshare with Delta in shift away from American
South American carrier LATAM Airlines Group has signed new codeshare agreements with pending-equity owner Delta Air Lines and announced plans to discontinue its codeshare deal with American Airlines on 31 January 2020.
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Airbus presses for $2bn cut in WTO tariff award
Airbus is claiming that a World Trade Organization assessment of the airframer’s compliance measures should result in a $2 billion cut in the recent tariff award to US authorities.
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NewsNorwegian granted London Heathrow slots
Scandinavian budget carrier Norwegian has provisionally been allocated slots at London Heathrow for the summer 2020 season.
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HK authorities close in on troubled Hong Kong Airlines
Hong Kong Airlines (HKA) faces the prospect of being wound up by 7 December, if it fails to turn its troubled financial situation around.