News from FlightGlobal – Page 538
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NewsSAS details extensive make-or-break recapitalisation plan
Scandinavian operator SAS has detailed a recapitalisation programme intended to run alongside its revised business plan and the implementation of broad efficiency measures. It says the Swedish and Danish governments, along with its third-largest shareholder – the Wallenberg Foundation – are supporting the plan, through which SAS aims to restore ...
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NewsYet again, New Delhi extends Air India sale deadline
Bids for state-owned Air India were meant to close today, but the government has extended the deadline for a further two months. In a seventh revision for expressions of interest to buy Air India, including its 100% stake in Air India Express and 50% stake in Air India SATS Airport ...
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NewsNorwegian cancels 97 Boeing aircraft orders
Norwegian has cancelled orders for 97 Boeing aircraft including examples of the troubled 737 Max and the 787 Dreamliner, and is claiming compensation for financial losses related to the two jets.
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NewsComair rescuers seek time to scrutinise expression of interest
South African carrier Comair’s rescue practitioners are still trying to work through the details of an expression of interest in the airline, and are seeking to postpone further the publication of a business plan. They are requesting creditor approval to push back the publication date from 30 June to 28 ...
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NewsPorter Airlines delays restart to 31 August
Canada’s Porter Airlines will restart its operations a month later than previously planned due to ongoing coronavirus-prompted travel restrictions that continue to make business difficult.
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NewsCovid-19 to hit per-passenger emission reductions: HSBC
The coronavirus crisis will reduce the overall output of carbon emissions from Europe’s airlines, but a desire to cut capital expenditure will delay introduction of new aircraft, weakening unit CO2 performance, according to analysis from HSBC.
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NewsIcelandair delays share issue to August as crucial talks go on
Icelandair Group has deferred a planned share offering until August, as it strives to reach stakeholder agreements on which the stock issue is conditioned. The company had been aiming to seal these agreements by 29 June, a date already pushed back by two weeks from the original mid-June estimate. Icelandair ...
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NewsMaintenance firm clashes with inquiry over severe E190 loss-of-control incident
Portuguese maintenance firm OGMA has clashed with accident investigators over conclusions drawn from a serious Embraer 190 incident during which the aircraft departed with cross-rigged aileron cables, almost leading to the loss of the jet. OGMA has strongly objected to several findings from investigation authority GPIAAF, arguing that the inquiry ...
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NewsJetstar 787 biocide treatment led to dual engine thrust roll-back
Japanese investigators believe biocide treatment of fuel on a Jetstar Airways Boeing 787-8 led to the aircraft’s losing thrust in both engines during a service to Osaka’s Kansai airport two days later. The aircraft (VH-VKJ) had departed Cairns on 29 March last year. As it descended through 16,100ft (4,900m) towards ...
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NewsAir New Zealand details extremely weak May traffic
Air New Zealand’s May traffic statistics continue to highlight the extreme weakness confronting airlines amid the coronavirus pandemic. For the entire month, the airline carried just 67,000 passengers, down 94.8% from 1.3 million passengers in May 2019. ASKs fell 92.8% year on year and RPKs 97.1%. The airline’s load factor ...
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NewsChina’s ‘Big Three’ carriers receive first ARJ21s
China’s three largest carriers — Air China, China Eastern Airlines and China Southern Airlines —each took delivery of their first Comac ARJ21 regional jets, and will be taking three more examples by year end. Comac handed over the aircraft to the three carriers on 28 June, hailing what it ...
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NewsJetstar Asia to dispose of aircraft, cut staff
Singapore low-cost carrier Jetstar Asia will cut five Airbus A320s and axe 180 staff as it seeks to ride out the coronavirus pandemic. The move will reduce the carrier’s fleet to just 13 aircraft, it says. The carrier made the adjustments after consultations with shareholders. Qantas Group owns 49% of ...
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NewsNok Air turned down chance to buy Scoot’s stake in joint venture
Thailand’s Nok Air turned down an offer to take over Scoot’s stake in NokScoot, the joint venture company whose board today voted in favour of liquidation. Singapore’s Scoot, the regional arm of SIA Group and a 49% shareholder in NokScoot, says in a 26 June statement that it offered to ...
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NewsBritish Airways takes delivery of first 787-10 after delay
British Airways finally receives its first Boeing 787-10 months later than planned.
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NewsSerious Ryanair 737 low-approach incident followed procedural confusion
Confusion and loss of situational awareness during a procedural approach to Bergerac resulted in a Ryanair Boeing 737-800 descending to less than 800ft above ground while still 8nm from the airport’s runway, French investigators have determined. The crew of the aircraft – arriving from London Stansted on 29 January 2015 ...
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NewsCrashed UIA 737 recorders to be examined by French investigators in July
French investigation authority BEA is to carry out the download and read-out of information from flight recorders retrieved from the Ukrainian Boeing 737-800 shot down over Tehran. The work is set to commence on 20 July, following a request from Iranian investigators, states BEA. It will cover repair and data ...
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NewsDe Havilland Canada delivers first Dash 8-400 to TAAG Angola Airlines
De Havilland Canada has delivered the first of six Dash 8-400 aircraft to TAAG Angola Airlines, the state-owned national carrier of Angola, as it builds out its networks to that country’s smaller communities.
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NewsAer Lingus staff to vote on new labour deal
Aer Lingus staff represented by the SIPTU union are to be balloted after a deal was reached on new pay and conditions at the Irish carrier.
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NewsUnited reinstates flights to Asia
United Airlines will resume flights between the US and several destinations in Asia next month.
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NewsNokScoot board votes in favour of liquidation
NokScoot’s board has decided to liquidate the company as it sees no path to recovery.