News from FlightGlobal – Page 568
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NewsFedEx MD-11F loses nose-wheel on take-off
Investigators are probing the loss of a nose-wheel from a FedEx Boeing MD-11F, apparently during departure from San Antonio. The aircraft (N619FE) had been operating the FX464 service to Memphis on 7 April. It landed on runway 18C at about 08:50 but the US FAA, in a preliminary notification, states ...
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NewsAir Lease sees decrease in first-quarter deliveries
Air Lease Corporation (ALC) delivered fewer aircraft in the first quarter versus the year-ago period, while its financing activity increased. The Los Angeles-based lessor says in a statement that it delivered eight new aircraft from January to March, comprising two Airbus A320neos, four A321neos, and two Boeing 787-10 Dreamliners. It ...
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NewsJetBlue and Spirit apply for emergency exemptions to ‘minimum service’ order
JetBlue Airways and Spirit Airlines are the first two US carriers to apply for immediate exemptions under the Department of Transportation’s service requirements, striking 19 and 26 destinations in their respective networks.
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NewsAirbus chief: Crisis likely to be ‘a long one’
Airbus is expecting to review its production rates every month after reducing its output by a third in response to the coronavirus impact. Chief executive Guillaume Faury, speaking on 8 April, was unable to estimate when rates would be restored but said he thought the crisis would “probably be a ...
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NewsAirbus records 15 A350 cancellations but reveals order for 10
Airbus has recorded cancellations of 15 A350s as well as four A330neos during March, although it secured a firm agreement for 10 A350s from an undisclosed customer. Six A350-1000s and four A350-900s from Latin America’s LATAM are part of the cancellation. Five A350-900s ordered by Kuwait Airways have also been ...
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NewsAirbus cuts aircraft production by a third as 60 jets stay undelivered
Airbus is cutting monthly production of single- and twin-aisle aircraft by about a third, slashing output of A320s to just 40 aircraft. It is taking monthly production of A350s down to six and A330s down to two. “With these new rates, Airbus preserves its ability to meet customer demand while ...
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NewsNorwegian shareholders to vote on crucial debt-to-equity scheme
Scandinavian budget carrier Norwegian has called a shareholders’ meeting for 4 May to discuss plans to convert debt to equity, in order to meet criteria for the Norwegian government’s state guarantee scheme. The airline is trying to secure NKr3 billion in funding but, while it has met the requirements for ...
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NewsAir Canada to apply for federal wage subsidies
Air Canada is seeking newly available federal wage subsidies for 36,000 domestic employees, including roughly 16,500 workers who have already lost their jobs.
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NewsBA crew members ratify furlough deal
British Airways’ plan to furlough more than 30,000 employees – a mix of cabin crew and ground staff – has been overwhelmingly ratified by union members.
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NewsFastjet poised to renegotiate divestment of Zimbabwean division
Fastjet Group is to hold discussions on potential amendments to the terms of its planned disposal of its Zimbabwean operation, given the financial impact of measures taken to combat the coronavirus outbreak. Investors led by Solenta Aviation Holdings had been planning to acquire the operation before the crisis, and Fastjet ...
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NewsEasyJet founder threatens legal action over Airbus order
EasyJet is standing behind its chief financial officer and its decision to borrow millions from the UK government after a fresh attack from founder and major shareholder Stelios Haji-Iaonnou, who is threatening to take legal action against the budget carrier.
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NewsGoAir eyes tentative post-lockdown relaunch dates
Indian budget carrier GoAir is tentatively eyeing 15 April and 1 May for the respective relaunch of domestic and international flights, once the country emerges from its three-week lockdown that began last month. “Considering that the lockdown in India is from 25 March to 14 April 2020, GoAir is open ...
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NewsSouth Korean carriers take further measures to cope with coronavirus
South Korean carriers are battling the coronavirus pandemic by placing staff on leave and looking to strengthen their balance sheets. Asiana Airlines announced on 7 April it is increasing the limit on its credit lines with the Korea Development Bank and the Export-Import Bank of South Korea by a total ...
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NewsIATA reiterates need for ‘urgent’ liquidity assistance
Airlines around the world are in desperate need of government liquidity support which in many cases is taking too long to reach them, IATA has warned. Describing the coronavirus shutdown as “the biggest crisis we have ever had”, IATA director general Alexandre de Juniac stresses that although many governments have ...
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NewsDOT final order takes ULCC, airport concerns into account
The US Department of Transportation’s (DOT) final order on requirements air carriers must meet if they take advantage of government aid during the coronavirus pandemic gives additional flexibility to carriers on managing seasonal networks and relieves secondary airports which subsidised unprofitable routes.
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NewsFastjet’s FedAir division slashes fleet as safari market dries up
Fastjet Group’s Federal Airlines division has entered a restructuring process and given up most of its aircraft after a severe downturn in its business conducting shuttle and charter services to safari reserves in southern Africa. FedAir primarily serves US and European tourists but the coronavirus situation has badly affected these ...
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NewsLufthansa retires six A380s early for reduced post-crisis fleet
Lufthansa is prematurely phasing out six Airbus A380s as part of fleet cuts across the airline group in preparation for an operational restart with reduced capacity when the coronavirus crisis recedes.
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NewsJet2 extends operational shutdown to mid-June
UK leisure carrier Jet2 is now aiming to resume operations on 17 June, after it previously cancelled all flying until 1 May.
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News25 million jobs endangered by airline coronavirus crisis: IATA
IATA has calculated that some 25 million jobs might be at risk amid falling demand for air travel caused by the coronavirus crisis.
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NewsEl Al bailout request rejected by Israeli finance ministry
Israel’s finance ministry has rejected El Al’s request for state aid, prompting the airline to appeal directly to the country’s prime minister for help.