News from FlightGlobal – Page 557
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NewsJetBlue will delay London plans
Low-cost carrier JetBlue Airways says there will be a “timing impact” to its plans to launch transatlantic flying as a result of the coronavirus crisis. With regard to the airline’s decision to launch flights to London in 2021, chief executive Robin Hayes told analysts on an earnings call today: “You ...
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NewsNo further exposure to Virgin Australia, says SIA Group
Singapore Airlines Group says its financial exposure to Virgin Australia is limited and it is not obliged to inject capital. “On the recent announcement of Virgin Australia entering into voluntary administration, the SIA Group has no requirement or obligation to provide capital to Virgin Australia,” it said today in a ...
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NewsSIA Group flags ‘material’ final-quarter loss; renegotiates deliveries
The Singapore Airlines Group expects a “material” quarterly operating loss from the “severe impact” of the coronavirus outbreak, as it seeks to readjust aircraft deliveries and defer payments to its suppliers. However, it will still be in the black for the full financial year ended 31 March, thanks to “the ...
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NewsKorean Air to restart some international flights in June
Korean Air is reopening flights to international destinations in North America, Europe and Asia in June, as it prepares for Covid-19-related travel restrictions to ease. South Korea’s biggest airline said on May 7 that it will operate 32 of its 110 international routes in June, equivalent to 146 flights per ...
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NewsBA and American offer London slots to ease transatlantic pact concerns
Oneworld alliance carriers British Airways and American Airlines have offered slots at London Heathrow or Gatwick to address competition concerns on transatlantic services arising from their joint business arrangement. The measures have been put forward ahead of the expiry, after 10 years, of a binding commitment made in 2010 when ...
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NewsAirbus delivered nearly 100 fewer aircraft over first four months
Airbus delivered just 14 aircraft during April as the full effects of the coronavirus crisis on its production operation became evident, a total down by 80% on the 70 deliveries achieved in the same month last year. The airframer registered only a single order – for nine A320neo-family jets from ...
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NewsLufthansa in talks over state role in €9bn rescue package
German carrier Lufthansa is continuing negotiations for a €9 billion stabilisation package from the German government’s Federal Economic Stabilisation Fund (WSF) as it bids.
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NewsSAA on brink as government scrambles to defer ‘drop dead’ date
South Africa’s government is urgently trying to extend the period of operations for South African Airways after the carrier’s business rescue practitioners warned that 8 May would amount to a “drop dead” day when all flights would cease. The country’s public enterprises minister, Pravin Gordhan, outlined to a parliamentary committee ...
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NewsAir France-KLM targets 60% capacity recovery by year-end
Air France-KLM expects to operate 20% of previously planned capacity during the third quarter but raise the level to 60% by year-end.
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NewsMango 737 ground-collision crew opted against safer taxi route
South African investigators have stated that Johannesburg airport ground control should have instructed pilots of a Mango Boeing 737-800 to deviate from a taxiway, rather than give them the option, before the aircraft struck a taxiing Comair jet. But the inquiry into the incident, on 19 April last year, makes ...
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NewsAir Europa deal still makes sense but work to do to complete: Walsh
IAG chief executive Willie Walsh believes its planned acquisition of Spanish carrier Air Europa still makes strategic sense but notes work is still ongoing regarding pricing and competition issues before a decision on completion can be made. The Iberia and Vueling parent in early November outlined its plan to acquire ...
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NewsIAG scales back planned deliveries to 75 over next three years
British Airways and Iberia parent IAG now expects to take delivery of 75 aircraft over the next three years as it reduces its fleet requirements in line with expectations that passenger demand will not return to pre-crisis levels before 2023. The new fleet plan marks a reduction of 68 on ...
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NewsWalsh to step down in September as IAG eyes ‘meaningful’ return in July
IAG chief executive Willie Walsh will step down in September as the British Airways and Iberia parent aims for a “meaningful” return of services in July. Walsh, who has led the group since is inception, was originally due to step down in March but delayed the move as the coronavirus ...
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NewsUnited outlines workforce reduction measures as union battle flares
United Airlines continues to reduce its workforce, disclosing plans to lay off broad swaths of office staff, warning of pilot furloughs and, facing union backlash, pitching a new voluntary leave programme.
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NewsLessors see no ‘one-size-fits-all’ solution to help airlines through crisis
While aircraft lessors are agreeing to a number of rental deferral requests to help airline customers struggling through the coronavirus crisis, leasing executives stress there is no one-size-fits-all solution for airlines.
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NewsQatar Airways to make ‘substantial’ job cuts
Qatar Airways is to axe a “substantial number” of jobs as the global aviation industry faces a “grim” global outlook with no foreseeable improvement, the airline’s chief executive has told employees.
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NewsTrans-Tasman bubble efforts gather pace
A joint Australia-New Zealand business-led initiative has set up a new group to develop proposals for reopening the border between the two countries to drive travel as they recover from the Covid-19 crisis. Both Australia and New Zealand are currently closed to non-residents and anyone entering must undergo a 14-day ...
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NewsA380 finally lands freighter role with LHT modification
German maintenance specialist Lufthansa Technik is working on a conversion for an Airbus A380 as part of its effort to offer temporary passenger-to-cargo modification services. Lufthansa Technik has not identified the customer but states that it has been awarded the technical and engineering task to support the “operational change” for ...
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NewsAirlines move to resume Cambodia services: report
Local and foreign carriers are moving to resume flights out of Cambodia, as the country works to overcome the impact of the coronavirus pandemic.
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NewsAlaska seeks to cut monthly cash burn to $200 million by June
Alaska Air Group reported a $321 million operating loss during the first quarter as it seeks to reduce costs during the coronavirus downturn, which is a far cry from the same period in 2019 when the carrier generated $25 million in operating profit. The parent company of Alaska Airlines and ...