News from FlightGlobal – Page 534
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NewsUK government clears Manston to re-open as air freight hub
UK transport secretary Grant Shapps’s office has given crucial government approval for re-opening and developing Manston airport – located some 100km east of London – as an air freight facility. The development consent order for the project was granted on 9 July. Under the proposal, put forward by RiverOak Strategic ...
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NewsJetBlue to leave Long Beach, shift flights to Los Angeles
New York-based low-cost carrier JetBlue Airways will leave Long Beach airport in October, shifting flights to Los Angeles International airport, which will become JetBlue’s primary West Coast operations centre.
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NewsTentative Icelandair cabin crew deal falls through
Cabin crew members at Icelandair Group have voted against a provisional collective bargaining agreement that was struck between the airline and flight attendant union FFI in June. The carrier says it will “evaluate its options” after union members “declined” the pact, an important part of its restructuring plan. Icelandair has ...
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NewsStruggling Air Namibia cleared to resume flights
Under pressure Air Namibia has been cleared by the Namibian High Court to resume services after its operating licence was suspended amid continued financial concerns.
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NewsJet2 ‘confident’ demand will return as full-year profit slides
UK leisure carrier Jet2’s parent company, Dart Group, has reported a 10% decline in full-year pre-tax profit but is “confident” demand will return and “encouraged” by bookings for next summer.
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NewsUS investment firm picks up Corsair’s 747-400 fleet
Three Boeing 747-400s formerly part of the fleet of French leisure airline Corsair have been sold to the aviation division of a US-based transport and energy sector investor. Fortress Transportation & Infrastructure Investors, located in New York, is picking up the 747-400s – identified as bearing serial numbers 26880, 26877 ...
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NewsRolls-Royce clears parked 787 backlog after Trent 1000 blade progress
Rolls-Royce has eliminated the backlog of Boeing 787s grounded while they await maintenance in relation to Trent 1000 blade-durability issues. The powerplant manufacturer had expected to reduce the number of 787s awaiting work to single digits by the end of the second quarter of this year. Rolls-Royce says the clearance ...
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NewsLATAM secures key funding as Brazilian unit joins Chapter 11 filing
LATAM Airlines Brazil has joined other parts of the airline group in entering Chapter 11 bankruptcy protection as it took a further step to securing required financing to complete its restructuring.
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NewsBOC Aviation boosts second-quarter lease commitments
BOC Aviation’s recent sale-and-leaseback spree helped it record more signed lease commitments in the second quarter than in the same period last year, though aircraft sales were down. The Singapore-based lessor signed leases for 38 aircraft in the three months ended 30 June, compared with 32 in 2019’s second quarter. ...
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NewsUnited warns 36,000 employees their jobs are in danger
United Airlines has warned 36,000 employees, or 45% of its total staff, that their jobs may be in danger as the carrier prepares to downsize following the coronavirus pandemic.
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NewsAirbus deliveries halve in the first six months
Airbus delivered 196 aircraft over the first six months of the year, half the figure of 389 it had achieved at the same point in 2019. The figure means the airframer managed to hand over 36 aircraft during the month. These included four A350-900s for Iberia, Air France and SAS, ...
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NewsHi Fly confirms LHT oversaw A380 freighter conversion
European wet-lease operator Hi Fly has brought into service a freight-optimised Airbus A380, which has been temporarily converted from passenger configuration in a project overseen by Lufthansa Technik.
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NewsUK cabin crew join Ryanair pilots in accepting temporary pay cuts
Ryanair cabin crew members based in the UK have agreed to a temporary pay cut of up to 10% to avert job losses at the airline.
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NewsAir Mauritius seeks buyers for five aircraft
Air Mauritius has put three Airbus widebodies and two single-aisle aircraft up for sale, weeks after entering voluntary administration amid the Covid-19 crisis.
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NewsIBA highlights four-engined widebody pain as airliner values decline
Aviation consultancy IBA has outlined adjustments to all its commercial airliner market values to reflect the impact of the coronavirus pandemic. Older four-engined widebodies and the Boeing 737 Max are among the worst affected, while “uncertainty” hangs over the Airbus A380.
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NewsSAA pilots isolated as other unions gradually back severance scheme
South African Airways unions have largely indicated acceptance of voluntary severance packages as part of the airline’s rescue, after the government warned that workers’ representatives that it cannot improve on the severance offers. Cockpit union SAAPA has not followed other unions’ gradual shift into accepting the proposals, but it appears ...
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NewsEl Al to slash workforce as part of rescue package agreements
Israeli flag-carrier El Al is set to shed 1,700 positions across three divisions as part of a restructuring programme. The airline says it has reached new collective agreements with its maintenance and administrative sectors. Chief executive Gonen Usishkin says the arrangement is “another step on the road to El Al’s ...
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NewsCathay Pacific mulls parking aircraft outside Hong Kong
Cathay Pacific Group is considering parking some aircraft outside of its Hong Kong base to protect them from the city’s hot and humid summer. The company tells Cirium it is looking into this “for operation management reasons”. “At the present time our aircraft are parked at Hong Kong International Airport, ...
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NewsAuditor questions AirAsia Group’s survival
Accounting firm Ernst & Young has questioned the AirAsia Group’s ability to remain a going concern, citing deteriorating finances amid the coronavirus pandemic. It notes that the group suffered a full-year net loss of MYR283 million ($66 million) in 2019, a year in which liabilities exceeded assets by MYR1.8 billion. ...
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NewsAerCap sees big drop in Q2 lease agreements
Lessor AerCap signed lease agreements covering only 10 aircraft in the second quarter of 2020, down from 48 in the same period last year. The 10 aircraft comprise one widebody and nine narrowbodies, while in Q2 2019 AerCap signed deals for four widebodies and 44 narrowbodies, says the company. Aircraft ...