News from FlightGlobal – Page 520
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Embattled Cathay to cut capacity in 2020
Cathay Pacific will cut seat capacity by 1.4% year-on-year in 2020 as Hong Kong’s political troubles and trade tensions hurt the airline in key markets.
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South African Airways to undergo 'radical' restructuring
South Africa’s government is to undertake an extensive restructuring of South African Airways, insisting that it has run out of alternative strategies for the troubled flag-carrier.
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Aeroflot seeks A350 sale-and-leaseback agreements
Russian flag-carrier Aeroflot is planning to have 11 Airbus A350-900s in service by the end of 2020, following introduction of the type early next year.
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Opening date fixed for Berlin Brandenburg airport
Berlin Brandenburg airport is set to open at the end of October 2020, the new hub’s operator has disclosed.
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Investment firm I-Jet acquires EuroAtlantic
Portuguese wet-lease operator EuroAtlantic Airways has been acquired by an entity named I-Jet Aviation.
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Alitalia unions challenge government over nationalisation
Alitalia trade union representatives are urging the economic development ministry to put forward a nationalisation plan for the carrier to end uncertainty over its future.
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Irkut rolls out fourth test MC-21
Russian airframer Irkut has rolled out its fourth MC-21-300 flight-test aircraft from its Siberian manufacturing facilities.
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Hong Kong Airlines cuts capacity further
Hong Kong Airlines (HKA), which has been plagued by fiscal woes, is to completely withdraw from the North American market, following a latest round of capacity cuts.
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Icelandair expects 737 Max to re-enter service in March
Icelandair is expecting the Boeing 737 Max to return to service in March next year, 12 months after its grounding.
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SAS receives first A350
Scandinavia’s SAS has taken delivery of its first Airbus A350-900, one of eight of the twinjets the carrier has on order.
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Lufthansa's talks with cabin crew union break down again
Lufthansa’s German flight-attendant union UFO is threatening industrial action after talks in preparation for an arbitration process broke down for the second time this month.
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Plus Ultra takes first A340-600
Spanish carrier Plus Ultra has received the first of three Airbus A340-600s it will use to boost its Latin American network.
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Ukraine's SkyUp begins serving Israel
Ukrainian budget operator SkyUp is to serve Tel Aviv direct from two domestic cities.
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AirAsia boosts third-quarter profit 5% amid strong revenue rise
AirAsia Group’s third-quarter profit rose 4.6% to more than MYR264 million ($63.3 million) as revenue and passenger numbers increased.
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Flydubai leases Smartwings 737s to offset Max problems
Czech carrier Smartwings is to wet-lease four Boeing 737-800s to the Middle Eastern operator Flydubai, to help offset a capacity loss from the 737 Max grounding.
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Jet Airways' resolution deadline extended again
The committee of creditors (CoC) of collapsed Indian carrier Jet Airways has once again extended the deadline for the submission of a resolution plan for the company.
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IndiGo becomes latest IATA member
IndiGo has received its IATA membership certificate, becoming the fourth Indian airline and the second low-cost operator from the country to join the association.
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Fastjet blames Zimbabwean volatility for persistent losses
Fastjet Group is predicting full-year net losses of $7-8 million, which it attributes to volatility affecting its Zimbabwean operation, a division it is looking to divest.
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Fastjet looks to sell Zimbabwe arm to avert funding crisis
African budget carrier Fastjet Group is considering selling its Zimbabwe airline operation to raise capital, after disclosing that it is facing more funding pressure.
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El Al to test Melbourne route but complexity beckons
Israeli flag-carrier El Al is to test a service to the Australian city of Melbourne using Boeing 787s.