News from FlightGlobal – Page 570
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NewsRavn Air Group suspends most flights in Alaska
Alaska-based Ravn Air Group will park nearly all its fleet and operate only three De Havilland Canada Dash 8 aircraft in response to the lack of air travel demand, leaving rural and isolated communities in the state few options for air freight deliveries and passenger flights. The suspension was effective ...
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NewsAvolon customers seek payment relief
Aircraft lessor Avolon has disclosed that the vast majority of its customers are seeking rent deferrals or reductions amid “the most challenging period in the history of commercial aviation”. In its first-quarter update, the lessor states that it “has received requests from more than 80% of its current owned and ...
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NewsSuperjet 100s contracted to support UN peacekeeping
Sukhoi Superjet 100s are to be deployed in support of United Nations peacekeeping operations for the first time, following a procurement process. The Russian foreign affairs ministry and Russia’s permanent mission to the UN have been supporting a bid for participation using the type. Federal air transport regulator Rosaviatsia states ...
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NewsLufthansa Group finance chief resigns citing health reasons
Lufthansa Group chief financial officer Ulrik Svensson has resigned from his position, citing health reasons. The German airline company has disclosed that he will step down on 6 April. It has not given any further details on the circumstances behind Svensson’s decision. He has served as the company’s finance head ...
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NewsJetBlue and Delta apply for federal payroll grants
JetBlue Airways and Delta Air Lines have applied for federal payroll grants in time for the US Treasury Department to ensure quick approval, yet the chief executives of both carriers say they will need to raise additional capital.
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NewsSecondary airports protest DOT’s ‘minumum service’ rule for differing reasons
Secondary airports across the United States have objected to the Department of Transportation’s (DOT) show cause order which would require carriers who plan to take government relief as a result of the coronavirus pandemic maintain minimum service to certain points across the country.
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NewsUS government reminds airlines of ticket refund rules amid pandemic cancellations
An increase in passenger complaints have led the US Department of Transportation to remind airlines that even amid the coronavirus downturn they must abide by government air ticket refund regulations.
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NewsFile coronavirus grant applications by end of day 3 April: US government
The US Department of the Treasury is asking airlines and air transport businesses to submit applications for government payroll grants via an online portal before the close of the 3 April business day.
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NewsComair drops Star Air acquisition as challenges deepen
South African carrier Comair has agreed to call off its planned acquisition of aircraft leasing specialist Star Air Cargo and Star Air Maintenance as it battles mounting challenges.
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NewsLessor Avolon cancels or defers over 100 aircraft
Lessor Avolon is cutting its delivery commitments over the next four years by over 100 aircraft, through a combination of cancellations and deferrals including the axing of 75 Boeing 737 Max jets. Avolon says the unplaced Max aircraft had been due to arrive over 2020-23. It is also deferring another ...
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NewsEASA advises carriers to switch off recirculation fans
Europe’s safety regulator is advising commercial aircraft operators to adopt new procedures to switch off air-conditioning system recirculation fans regularly, as part of measures to limit the risk of coronavirus contagion. Supplementary procedures to turn off the fans periodically would “accelerate cabin air exchange”, says the European Union Aviation Safety ...
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NewsAir Baltic service-resumption planning excludes Dash 8s and 737s
Latvian carrier Air Baltic will be an all-Airbus A220 operator when it resumes operations, having made the decision to remove its De Havilland Canada Dash 8s and Boeing 737s from service early as a result of the coronavirus crisis.
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NewsRyanair taking €300m charge over fuel-hedge ineffectiveness
Budget carrier Ryanair is predicting net profits of €950 million-1 billion for 2019-20 as the tail-end of its fiscal year started suffering the effects of the coronavirus crisis. It states that it is conducting fewer than 20 flights daily, and expects its fleet to stay “largely grounded” for at least ...
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NewsAPAC passenger demand to fall 37%, wipe out $88b in 2020: IATA
IATA expects a 37% decline in Asia-Pacific passenger demand this year from the coronavirus pandemic, wiping out $88 billion in revenue. This is based on a scenario where severe travel restrictions last for three months, followed by a gradual recovery, the trade association said today. Conrad Clifford, IATA’s regional vice ...
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NewsCathay Pacific cuts long-haul schedule further for April
Cathay Pacific has announced further cuts to its long-haul schedule for April, with 97% of planned passenger capacity now scrapped. The carrier had already announced on 20 March that it was reducing capacity by 96% for April and May. As part of what it terms a “bare skeleton” schedule, the ...
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NewsFebruary travel demand slump worst since 9/11: IATA
Collapsing domestic travel in Mainland China — the epicentre of the coronavirus outbreak — coupled with falling travel demand to and from the Asia-Pacific region, led to the sharpest drop in demand in almost two decades. Releasing its global passenger traffic data for February, IATA says RPKs for the ...
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NewsCanberra not keen to bail out Virgin Australia: report
Virgin Australia may not get the government support it is seeking, according to local media reports. Citing sources, the Australian Financial Review reported on 2 April that the federal government wants two strong airlines after the coronavirus crisis and would help a new carrier enter the market if Virgin Australia ...
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NewsIAG cancels planned dividend payment
IAG is withdrawing its proposal to pay a €0.17-per-share final dividend to investors, following the coronavirus shutdown. The group will instead propose, at its annual shareholders’ meeting, that all of its 2019 profit – save that already paid as an interim dividend – be added to voluntary reserves. IAG‘s board ...
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NewsEmirates to resume some flights on 6 April
Emirates plans to resume flying a limited number of passenger services on 6 April, having received approval from UAE authorities. Sheikh Ahmed bin Saeed Al Maktoum, president of Dubai Civil Aviation as well as chairman and chief executive of Emirates, has tweeted that “these flights will initially carry travellers outbound ...
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NewsFreight rates on the rise amid slump in passenger flights
Air freight rates are rising and cargo carriers ramping up their utilisation to fill the gap left by grounded bellyhold capacity on passenger jets. Normally, nearly half of global air cargo is carried in passenger jets’ bellies. Total cargo capacity, adjusted to include the Lunar New Year, fell 4.4% in ...