News from FlightGlobal – Page 672
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PAL not looking for more strategic investors after ANA deal
Philippine Airlines will not seek out any more strategic investors to take up stakes in the carrier after it sealed a deal for All Nippon Airways parent company ANA Holdings to take a 9.5% stake.
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China Airlines cancels over 20 flights due to pilots strike
China Airlines has cancelled at least 22 flights due to a strike by its pilots during the peak lunar new year travel period.
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Jet Airways grounds four aircraft over lease payment defaults
Jet Airways has revealed that four of its aircraft have been grounded after it failed to pay their lease rentals.
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Flybe warns of winding-up threat if Connect offer rejected
Struggling UK regional operator Flybe Group has indicated it will be forced to begin winding-up proceedings if shareholders do not approve an offer from Connect Airways.
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Airbus opens with order deficit after A380s and A220s cut
Airbus opened the year with a net deficit of orders following the cancellation of eight A380s by Qantas as well as five A220s intended for an executive operator.
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Emirates digital chief Mueller resigns from position
Emirates chief digital and innovation officer Christoph Mueller has resigned and will leave the Middle Eastern airline in August.
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Avianca Brazil pitches rescue plan to bankruptcy court
Avianca Brazil has filed a financial recovery plan with a Sao Paulo bankruptcy court a financial recover under which three funds associated with US investor Paul Singer and his Elliott Management Corporation would inject liquidity of $75 million into the independent Brazilian affiliate of Colombia’s Avianca Group.
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EasyJet confident over post-Brexit preparations: chairman
EasyJet would apply any suspension of shareholders’ voting rights on a last-in-first-out basis, should it need to resort to such measures to meet European Union ownership requirements following the UK’s withdrawal from the European Union.
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Thomas Cook ponders possible sale of airline unit
European tour operator Thomas Cook is considering the possible sale of its airline business, after announcing a review of the unit as part of efforts to increase funding to support a wider strategic overhaul.
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Qantas formally cancels remaining A380 orders
Qantas has formally cancelled the eight remaining Airbus A380s it has on order, but adds that it remains committed to the 12 already in its fleet over the long term.
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Thai AirAsia X to fly to Brisbane from 25 June
Thai AirAsia X will launch four-times weekly services from Bangkok Don Mueang to Brisbane from 25 June, making it the first AirAsia-branded carrier to serve the Queensland capital.
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Azul to acquire more Embraer and Airbus jets in 2019
Brazilian carrier Azul has sped the pace of its fleet renewal by upping the number of Embraer E195-E2s and Airbus A320neo-family aircraft it plans to acquire in 2019.
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Chorus firms order for nine CRJ900s
Chorus Aviation has firmed a previously announced agreement to purchase nine new Bombardier CRJ900 regional jets.
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United expands premium push with new dual-class CRJ550
United Airlines is upping the number of premium seats on hundreds of aircraft, in what is seen as a push to attract more lucrative business travellers.
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Virgin Australia appoints Paul Scurrah as new CEO
Virgin Australia has named Paul Scurrah as its new chief executive and managing director, succeeding John Borghetti from 25 March.
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Germania terminates flights and files for insolvency
Berlin-based leisure carrier Germania terminated flight operations on the evening of 4 February and filed for insolvency after failing to resolve short-term liquidity issues.
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Air Canada closes C$100m Jazz investment
Air Canada has invested C$97.3 million ($74.1 million) in regional carrier Jazz Aviation's parent company, having closed a previously announced agreement under which Jazz will also acquire nine additional Bombardier CRJ900 regional jets.
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Southwest plans Hawaii proving flight
Southwest Airlines will conduct a validation flight to Hawaii this week, as it continues to work towards certification to begin passenger service to the islands.
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Aer Lingus plans Hartford A321LR launch
Aer Lingus plans to introduce the Airbus A321LR on flights to Hartford in July, marking the debut of the long-range narrowbody to the North Atlantic market.
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O'Leary to head Ryanair group under new IAG-like structure
Ryanair is to appoint a new chief executive to run the primary airline operation as current chief Michael O'Leary moves up to a group leadership role to oversee a transition of the company's structure.