News from FlightGlobal – Page 99
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NewsUnions oppose Air Incheon’s bid for Asiana’s cargo business
Unions have put yet another obstacle in the path of Korean Air’s delayed acquisition of Asiana Airlines by objecting to both the nature of the takeover and the choice of Air Incheon as the preferred bidder for the sale of Asiana Airlines’ cargo business.
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NewsCargoLogicAir administrators wrestle to recover deleted vital records
Joint administrators of former UK-based freight carrier CargoLogicAir are pressuring software specialist Microsoft to recover essential financial data, after records were deleted when user access was withdrawn. CargoLogicAir, which operated a fleet of Boeing 747 freighters, was linked to Russian freight company Volga-Dnepr Group. Sanctions imposed over the Ukrainian conflict ...
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NewsWestJet suffering network-wide disruptions as maintenance workers strike
WestJet’s operations over the long Canada Day weekend have been massively disrupted by striking mechanics, forcing the airline to cancel hundreds of flights and disrupt the air travel plans of thousands of passengers.
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NewsUS discounter Avelo cuts flights to rural Northern California city
US start-up carrier Avelo Airlines plans to stop operating flights from Redding to Southern California in August, citing the departure of its ground handling partner at Redding Regional airport.
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NewsSAS restructuring aid cleared by European Commission
Scandinavian operator SAS has secured European Commission approval for a restructuring aid package worth up to €1.3 billion ($1.4 billion) intended to support the company’s efforts to achieve long-term sustainability. SAS has been undergoing a restructuring programme – known as ‘SAS Forward’ – while under US Chapter 11 bankruptcy protection. ...
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NewsSwiss names Lufthansa Group manager Jens Fehlinger as its new CEO
Swiss International Air Lines has named Lufthansa Group manager Jens Fehlinger as its new chief executive beginning on 1 October.
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NewsIcelandair prepares for Airbus arrival with simulator acquisition
Icelandair is reinforcing its training regime ahead of introducing Airbus single-aisle jets with an A320neo-family simulator.
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NewsWestJet dodges more strike-related disruptions as meditator steps in
WestJet Airlines has avoided further flight disruptions thanks to the intervention of a meditator that will assist contract negotiations between the airline and its maintenance workers’ union.
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NewsDelta and SAS plan far-reaching codeshare deal
Delta Air Lines and Scandinavian carrier SAS plan to launch a broad codeshare arrangement under which they will jointly sell flights across their combined network.
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NewsWestJet begins cancelling flights ahead of maintenance workers’ strike
WestJet has cancelled 25 flights scheduled for 27-28 June as its maintenance workers are poised to strike during the upcoming busy Canadian air travel weekend.
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NewsAir India hikes capacity to London Heathrow with A350 deployment
Air India is to increase capacity on the Delhi-London Heathrow route by deploying its new Airbus A350-900s on the sector from September. The airline operates a mix of Boeing 777-300ERs and 787-8s on the route. But from 1 September, it states, 14 of its 17 weekly flights will be operated ...
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NewsIsrair Group signs binding agreement to acquire balance of Cypriot MRO firm
Israir Group has signed a binding agreement to acquire the remainder of Cypriot-based maintenance firm Bird Aviation.
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NewsAsia-Pacific airline profit margins ‘under pressure’ despite ‘encouraging’ demand
The Association of Asia Pacific Airlines (AAPA) warns that airline profit margins in the region will remain “under pressure” in the near-term, amid a strong US Dollar and higher jet fuel prices.
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News‘Sporadic, delayed’ funding doomed Bonza, administrator’s report finds
Bankrupt Australian carrier Bonza received funding from parent company 777 Partners “sporadically” even as it racked up significant losses in its first year of operations, the firm’s administrators have disclosed.
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NewsWestJet’s network faces another strike threat ahead of busy travel weekend
A potential maintenance workers’ strike is again threatening to disrupt WestJet’s operations less a week after one was called off and union negotiations resumed.
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NewsSlow-to-pivot Southwest lowers second-quarter revenue outlook
Major US carrier Southwest Airlines lowered its revenue outlook for the second quarter on 26 June as it seemingly acknowledged that it did not react to the current demand environment quickly enough.
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NewsUS Independence Day travel expected to break records
US commercial airlines and the Federal Aviation Administration are preparing for the upcoming Independence Day holiday travel period, which is expected to break records.
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NewsAir Serbia to launch second Chinese route
Air Serbia is to begin twice-weekly flights to Guangzhou Baiyun airport – the carrier’s second Chinese long-haul route.
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NewsBreeze closing in on international debut
Breeze Airways, the three-year-old airline started by serial entrepreneur David Neeleman, has received initial approval to start international service.
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NewsVietnam’s Pacific Airlines rebooted as full-service carrier
Vietnam Airlines has rebooted its Pacific Airlines unit following three months of inactivity and extensive restructuring.