News from FlightGlobal – Page 605
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NewsGallego to provide ‘continuity’ as new IAG chief: Bernstein
Iberia boss Luis Gallego’s appointment to succeed Willie Walsh when the IAG chief executive retires later this year has been welcomed by Bernstein analysts, who see him as a “continuity” candidate.
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NewsIAG chief Willie Walsh to retire in June 2020
IAG chief executive Willie Walsh is to step down from his post on 26 March, and plans to retire completely on 30 June. He will be succeeded by Iberia chief executive Luis Gallego, says the British Airways and Iberia parent company. Walsh had previously signalled his intention to retire from ...
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NewsANA to take final ‘Flying Honu’ A380, boost Hawaii capacity
All Nippon Airways (ANA) will take delivery of its last of three Airbus A380s, which have been specially dedicated on its Tokyo-Honolulu routes. With the third “Flying Honu” jet, the carrier states it will operate twice-daily A380 flights between Tokyo Narita and Honolulu from 1 July. Source: All ...
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NewsGaruda hopeful about return to profitability
Higher yields during 2019 could bring take Garuda Indonesia back into the black.
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NewsAir freight falls again in November but pressure easing: IATA
IATA’s latest air freight market analysis, which details figures for November 2019, noted that industry-wide freight tonne kilometres (FTKs) dipped by 1.1% year on year. This marked the 13th consecutive month of year-on-year decline in air freight volumes.
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NewsAirlines reroute to avoid Iranian and Iraqi airspace
Airlines operating between Asia and Europe are rapidly adjusting their flightpaths to avoid Iranian and Iraqi airspace, following military conflict between Iranian and US forces in Iraq and the crash of a Ukrainian International Airlines Boeing 737 after take-off from Tehran.
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NewsUnited records $90m impairment on Hong Kong routes
United Airlines will record a special non-cash impairment on its Hong Kong routes owing to a fall in demand. The Chicago-based airline will take a $90 million impairment on its routes to the Asian city, which are pledged under its $1.5 billion 2017 term loan, due to lower unit revenues ...
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NewsNorwegian misses zero-capacity-growth goal but ups unit revenue
Scandinavian budget carrier Norwegian’s 2019 capacity was 1% higher than the previous year despite its pledge of zero growth as part of efforts to return to profitability.
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NewsHeathrow details path to final third-runway planning application
Heathrow will later this year submit its final planning application for the construction of a third runway, having been forced to delay the expected completion date by a year when the UK’s aviation regulator capped the amount that could be spent in the early phases of the project.
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NewsVietnam Airlines given green light for Delta partnership
The United States’ Department of Transport (DoT) has allowed Vietnam Airlines and Delta Air Lines to widen their codeshare cooperation. The approval comes after both carriers first inked an agreement last August with the intent of upgrading their relationship. The cooperation, expected to take effect this month, will see both ...
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NewsBOC Aviation orders another 20 A320neos
BOC Aviation has placed an order for 20 Airbus A320neos, with at least 10 committed to new customer Avianca. “This addition of 20 new Airbus A320neo aircraft reflects our disciplined investment strategy of building our portfolio with popular and in-demand new technology aircraft that provide reliability and operational efficiency,” says ...
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NewsChinese carriers boost Tokyo Narita capacity
China’s three largest airlines will be increasing their presence at Tokyo Narita airport, with new route launches and increased frequencies. China Eastern Airlines will launch Kunming-Tokyo Narita flights on 18 February. The Skyteam carrier will operate the route four times weekly with its Airbus A330-200 and Boeing 787-9. It has ...
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NewsJetBlue to be first major US airline to offset all emissions from domestic flights
US low-cost carrier JetBlue says that it will offset all of its emissions from domestic flights beginning in July 2020, becoming the first major US airline to do so in an effort to reduce its carbon footprint from flight operations.
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NewsGaruda delays fundraising for debt repayment
Garuda Indonesia has delayed plans to raise up to $900 million in funds meant for refinancing its debt.
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NewsCitilink signals shift away from European long-haul plan
Indonesia’s Citilink appears to have shelved plans for long-haul flights to Europe, pivoting towards Asia instead. Commenting on its first widebody aircraft, an Airbus A330-900neo received from Avolon last month, vice-president for corporate secretary and corporate social responsibility Resty Kusandarina says, “The aircraft is being prepared for [international] expansion and ...
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NewsIndiGo parent calls EGM as co-founder seeks to ease share rules
IndiGo Airlines parent Interglobe Aviation has called an extraordinary general meeting for 29 January to consider a proposal by one of its co-founders to amend its articles of association covering rules around the sale and acquisition of shares by its two major shareholders.
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NewsGulf Air and Royal Jordanian suspend service to Iraq amid regional tensions
The Kingdom of Bahrain’s flag carrier Gulf Air and Jordan’s Royal Jordanian Airlines say they have suspended service to Iraq after a sharp escalation of political tensions in the region.
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NewsIATA sees strong response to airline gender diversity initiative
IATA is pointing to a strong response from airlines to its recently launched 25by2025 initiative on improving female representation within senior leadership teams across the industry.
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NewsBA begins offsetting domestic flight emissions
British Airways has begun offsetting the emissions from all of its UK domestic flights as part of its ambition to become carbon neutral by 2050. As of 1 January 2020, emissions released by BA flights are being offset through investments in verified carbon-reduction projects around the world. BA operates up ...
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NewsAmerican Airlines expects to share 737 Max compensation with employees
American Airlines says it is still negotiating a compensation agreement with Boeing for the grounding of the airline’s 737 Max fleet, now in its 10th month, and that it expects to share the proceeds with its employees.